Funding you earn now, next payment 00:00 UTC−0.0002%/8h= −0.2% APRnext payment −$0.02 per $10,000 · paid last 24h −0.022%
Price spread now: BloFin against BingX−0.087%96s7-day average +0.029% · you buy dearer than you sell
Net, funding: paid 7d − costs−$102as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$820.820% of the position
Funding, last 7 days−0.205%−$20 on $10k
+Price spread, last 3 days (all we have)−0.192%−$19 · spread now −0.087%, 7d avg +0.029%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BloFin is 0.116% cheaper against BingX than usual: you would sell low and buy high, −$12 on $10k if it goes back to its 7-day average of +0.029%. The two prices were read 96 seconds apart, so part of this spread may be the market moving, not a spread.
| 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 31m | — | $2.4M | — |
| Short | BloFin KSM-USDT | 4.6080 | 0.0098 | get 0.0098% / 8h | 2h 31m | $114K | $19K | 50x |
BingX KSM-USDT
BloFin KSM-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$0.45
- Price spread: −0.087% → +0.029%
- −$11.56
- Slippage, 4 orders
- −$59.98
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$93.98
- Costs to cover
- 0.820%
- Break-even
- never at this rate
Slippage from BingX: live order book, 8 min ago; BloFin: live order book, 48 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, 8 min ago | 4.35 bp | 19.5 bp −$20 | 50.4 bp −$504 | 677.7 bp −$67.8K | 1119.8 bp −$559.9K |
| Sell BloFin live order book, 48 min ago | 1.09 bp | 14.5 bp −$15 | 47.0 bp −$470 | 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 | −0.0622% | 8h | 4.6038 | −0.177% | $453K | $41K | — | as long as short |
| Kraken Futures PF_KSMUSD | −0.0428% | 1h | 4.6170 | +0.108% | $36K | $6K | 20x | as long as short |
| OKX KSM-USDT-SWAP | −0.0041% | 4h | 4.6040 | −0.173% | $756K | $657K | 20x | as long as short |
| MEXC KSM_USDT | +0.0087% | 8h | 4.6080 | −0.087% | $721K | $249K | 20x | as long as short |
| Extended KSM-USD | +0.0088% | 1h | 4.6084 | −0.078% | $76K | $260K | 5x | as long as short |
| Binance KSMUSDT | +0.0090% | 8h | 4.6090 | −0.065% | $2.0M | $2.9M | 50x | as long as short |
| BloFin KSM-USDTshort | +0.0098% | 8h | 4.6080 | −0.087% | $114K | $19K | 50x | |
| Bybit KSMUSDT | +0.0100% | 8h | 4.6060 | −0.130% | $2.2M | $723K | 50x | as long as short |
| Gate KSM_USDT | +0.0100% | 8h | 4.6130 | +0.022% | $89K | $42K | 33x | as long as short |
| KuCoin KSMUSDTM | +0.0100% | 8h | 4.6140 | +0.043% | $514K | $54K | 30x | as long as short |
Variational Omni KSM
Kraken Futures PF_KSMUSD
OKX KSM-USDT-SWAP
MEXC KSM_USDT
Extended KSM-USD
Binance KSMUSDT
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 | 4.6120 | 0.000% | $493K | $241K | 50x | as long as short |
| BingX KSM-USDTlong | +0.0100% | 8h | 4.6120 | long leg | — | $2.4M | — |
Bitget KSMUSDT