Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.020%
Price spread now: BingX against Bitget−0.217%7-day average −0.044% · you buy dearer than you sell
Net, funding: paid 7d − costs−$87as in the Funding arb table
Net, price: spread back to 7d avg − costs−$120as in the Price arb table
costs, in and out, $10k−$1031.025% of the position
Funding, last 7 days+0.153%+$15 on $10k
+Price spread, last 7 days+0.131%+$13 · spread now −0.217%, 7d avg −0.044%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.173% cheaper against Bitget than usual: you would sell low and buy high, −$17 on $10k if it goes back to its 7-day average of −0.044%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget KSMUSDT | 4.6010 | 0.0100 | pay 0.0100% / 8h | 2h 42m | $482K | $207K | 50x |
| Short | BingX KSM-USDT | 4.5910 | 0.0100 | get 0.0100% / 8h | 2h 42m | — | $2.4M | — |
Bitget KSMUSDT
BingX KSM-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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: −0.217% → −0.044%
- −$17.34
- Slippage, 4 orders
- −$80.54
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$119.87
- Costs to cover
- 1.025%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 2 min ago; BingX: live order book, 12 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, 2 min ago | 7.61 bp | 20.1 bp −$20 | 64.5 bp −$645 | 25308.3 bp −$2.53M | doesn't fit |
| Sell BingX live order book, 12 min ago | 7.60 bp | 27.0 bp −$27 | 57.7 bp −$577 | 513.0 bp −$51.3K | 951.7 bp −$475.9K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_KSMUSD | −0.0490% | 1h | 4.6004 | −0.014% | $37K | $1K | 20x | as long as short |
| OKX KSM-USDT-SWAP | −0.0455% | 4h | 4.5890 | −0.261% | $753K | $622K | 20x | as long as short |
| Variational Omni KSM | −0.0357% | 8h | 4.5957 | −0.115% | $453K | $38K | — | as long as short |
| Binance KSMUSDT | +0.0100% | 8h | 4.5940 | −0.152% | $2.0M | $2.7M | 50x | as long as short |
| Bybit KSMUSDT | +0.0100% | 8h | 4.5860 | −0.326% | $2.2M | $663K | 50x | as long as short |
| Gate KSM_USDT | +0.0100% | 8h | 4.6030 | +0.043% | $85K | $37K | 33x | as long as short |
| MEXC KSM_USDT | +0.0100% | 8h | 4.5950 | −0.130% | $737K | $238K | 20x | as long as short |
| KuCoin KSMUSDTM | +0.0100% | 8h | 4.6060 | +0.109% | $509K | $32K | 30x | as long as short |
| Bitget KSMUSDTlong | +0.0100% | 8h | 4.6010 | long leg | $482K | $207K | 50x | |
| BingX KSM-USDTshort | +0.0100% | 8h | 4.5910 | −0.217% | — | $2.4M | — |
Kraken Futures PF_KSMUSD
OKX KSM-USDT-SWAP
Variational Omni KSM
Binance KSMUSDT
Bybit KSMUSDT
Gate KSM_USDT
MEXC KSM_USDT
KuCoin KSMUSDTMShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended KSM-USD | +0.0104% | 1h | 4.5928 | −0.178% | $77K | $420K | 5x | as long as short |
| BloFin KSM-USDT | +0.0107% | 8h | 4.6030 | +0.043% | $111K | $18K | 50x | as long as short |
Extended KSM-USD
BloFin KSM-USDT