Funding you earn now, next payment 00:00 UTC−0.0028%/8h= −3.1% APRnext payment −$0.28 per $10,000 · paid last 24h −0.018%
Price spread now: Binance against BingX+0.051%7-day average +0.037% · you sell dearer than you buy
Net, funding: paid 7d − costs−$107as in the Funding arb table
Net, price: spread back to 7d avg − costs−$85as in the Price arb table
costs, in and out, $10k−$870.867% of the position
Funding, last 7 days−0.202%−$20 on $10k
+Price spread, last 7 days−0.018%−$2 · spread now +0.051%, 7d avg +0.037%
=The price spread sits at its 7-day average of +0.037%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX KSM-USDT | 4.6120 | 0.0100 | pay 0.0100% / 8h | 2h 48m | — | $2.4M | — |
| Short | Binance KSMUSDT | 4.6144 | 0.0072 | get 0.0072% / 8h | 2h 48m | $2.0M | $3.0M | 50x |
BingX KSM-USDT
Binance KSMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BingX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$5.96
- Price spread: +0.051% → +0.037%
- $1.43
- Slippage, 4 orders
- −$66.73
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$91.26
- Costs to cover
- 0.867%
- Break-even
- never at this rate
Slippage from BingX: live order book, 1 min ago; Binance: live order book, 2 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy BingX live order book, 1 min ago | 6.51 bp | 23.1 bp −$23 | 53.1 bp −$531 | 671.6 bp −$67.2K | 1090.0 bp −$545.0K |
| Sell Binance live order book, 2 min ago | 1.09 bp | 23.0 bp −$23 | 70.2 bp −$702 | doesn't fit | doesn't fit |
KSM on 12 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni KSM | −0.0639% | 8h | 4.6020 | −0.216% | $452K | $41K | — | as long as short |
| Kraken Futures PF_KSMUSD | −0.0428% | 1h | 4.6183 | +0.138% | $36K | $6K | 20x | as long as short |
| OKX KSM-USDT-SWAP | −0.0107% | 4h | 4.6080 | −0.087% | $756K | $661K | 20x | as long as short |
| MEXC KSM_USDT | +0.0070% | 8h | 4.6160 | +0.087% | $722K | $248K | 20x | as long as short |
| Binance KSMUSDTshort | +0.0072% | 8h | 4.6144 | +0.051% | $2.0M | $3.0M | 50x | |
| Extended KSM-USD | +0.0072% | 1h | 4.6126 | +0.012% | $77K | $260K | 5x | as long as short |
| BloFin KSM-USDT | +0.0084% | 8h | 4.6080 | −0.087% | $114K | $19K | 50x | as long as short |
| Bybit KSMUSDT | +0.0100% | 8h | 4.6080 | −0.087% | $2.2M | $729K | 50x | as long as short |
| Gate KSM_USDT | +0.0100% | 8h | 4.6110 | −0.022% | $89K | $42K | 33x | as long as short |
| KuCoin KSMUSDTM | +0.0100% | 8h | 4.6160 | +0.087% | $515K | $54K | 30x | as long as short |
Variational Omni KSM
Kraken Futures PF_KSMUSD
OKX KSM-USDT-SWAP
MEXC KSM_USDT
Extended KSM-USD
BloFin KSM-USDT
Bybit KSMUSDT
Gate KSM_USDT
KuCoin KSMUSDTMShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget KSMUSDT | +0.0100% | 8h | 4.6160 | +0.087% | $493K | $242K | 50x | as long as short |
| BingX KSM-USDTlong | +0.0100% | 8h | 4.6120 | long leg | — | $2.4M | — |
Bitget KSMUSDT