Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.012%
Price spread now: Binance against Bitget−0.080%7-day average −0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$105as in the Funding arb table
Net, price: spread back to 7d avg − costs−$108as in the Price arb table
costs, in and out, $10k−$1001.003% of the position
Funding, last 7 days−0.045%−$4 on $10k
+Price spread, last 7 days+0.062%+$6 · spread now −0.080%, 7d avg −0.004%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.076% cheaper against Bitget than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of −0.004%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget KSMUSDT | 4.6380 | 0.0100 | pay 0.0100% / 8h | 6h 31m | $495K | $230K | 50x |
| Short | Binance KSMUSDT | 4.6343 | 0.0100 | get 0.0100% / 8h | 6h 31m | $2.0M | $2.9M | 50x |
Bitget KSMUSDT
Binance KSMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bitget. 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
- Price spread: −0.080% → −0.004%
- −$7.58
- Slippage, 4 orders
- −$78.3
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$107.87
- Costs to cover
- 1.003%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 33 min ago; Binance: live order book, 4 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 Bitget live order book, 33 min ago | 6.44 bp | 14.2 bp −$14 | 66.8 bp −$668 | doesn't fit | doesn't fit |
| Sell Binance live order book, 4 min ago | 2.16 bp | 23.1 bp −$23 | 72.3 bp −$723 | doesn't fit | doesn't fit |
KSM on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_KSMUSD | −0.0650% | 1h | 4.6464 | +0.181% | $37K | $5K | 20x | as long as short |
| Variational Omni KSM | −0.0392% | 8h | 4.6318 | −0.134% | $455K | $41K | — | as long as short |
| OKX KSM-USDT-SWAP | +0.0004% | 4h | 4.6260 | −0.259% | $757K | $675K | 20x | as long as short |
| Binance KSMUSDTshort | +0.0100% | 8h | 4.6343 | −0.080% | $2.0M | $2.9M | 50x | |
| Bybit KSMUSDT | +0.0100% | 8h | 4.6290 | −0.194% | $2.2M | $700K | 50x | as long as short |
| Gate KSM_USDT | +0.0100% | 8h | 4.6350 | −0.065% | $88K | $38K | 33x | as long as short |
| MEXC KSM_USDT | +0.0100% | 8h | 4.6360 | −0.043% | $757K | $247K | 20x | as long as short |
| KuCoin KSMUSDTM | +0.0100% | 8h | 4.6330 | −0.108% | $518K | $49K | 30x | as long as short |
| Bitget KSMUSDTlong | +0.0100% | 8h | 4.6380 | long leg | $495K | $230K | 50x | |
| BingX KSM-USDT | +0.0100% | 8h | 4.6310 | −0.151% | — | $2.4M | — | as long as short |
Kraken Futures PF_KSMUSD
Variational Omni KSM
OKX KSM-USDT-SWAP
Bybit KSMUSDT
Gate KSM_USDT
MEXC KSM_USDT
KuCoin KSMUSDTM
BingX KSM-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended KSM-USD | +0.0104% | 1h | 4.6356 | −0.053% | $78K | $326K | 5x | as long as short |
Extended KSM-USD