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: Bybit against Bitget−0.172%7-day average −0.102% · you buy dearer than you sell
Net, funding: paid 7d − costs−$89as in the Funding arb table
Net, price: spread back to 7d avg − costs−$113as in the Price arb table
costs, in and out, $10k−$1061.057% of the position
Funding, last 7 days+0.172%+$17 on $10k
+Price spread, last 7 days+0.079%+$8 · spread now −0.172%, 7d avg −0.102%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.070% cheaper against Bitget than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of −0.102%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget KSMUSDT | 4.6490 | 0.0100 | pay 0.0100% / 8h | 7h 19m | $498K | $233K | 50x |
| Short | Bybit KSMUSDT | 4.6410 | 0.0100 | get 0.0100% / 8h | 7h 19m | $2.2M | $692K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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: −0.172% → −0.102%
- −$7.03
- Slippage, 4 orders
- −$82.74
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$112.78
- Costs to cover
- 1.057%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 51 min ago; Bybit: live order book, 3 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, 51 min ago | 8.64 bp | 15.6 bp −$16 | 68.4 bp −$684 | 27149.4 bp −$2.71M | doesn't fit |
| Sell Bybit live order book, 3 min ago | 4.31 bp | 28.3 bp −$28 | 162.1 bp −$1,621 | 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 | −0.0463% | 8h | 4.6417 | −0.156% | $457K | $40K | — | as long as short |
| Kraken Futures PF_KSMUSD | −0.0429% | 1h | 4.6529 | +0.084% | $37K | $5K | 20x | as long as short |
| OKX KSM-USDT-SWAP | −0.0006% | 4h | 4.6460 | −0.065% | $761K | $664K | 20x | as long as short |
| BloFin KSM-USDT | +0.0089% | 8h | 4.6440 | −0.108% | $113K | $18K | 50x | as long as short |
| Binance KSMUSDT | +0.0100% | 8h | 4.6459 | −0.068% | $2.0M | $2.8M | 50x | as long as short |
| Bybit KSMUSDTshort | +0.0100% | 8h | 4.6410 | −0.172% | $2.2M | $692K | 50x | |
| Gate KSM_USDT | +0.0100% | 8h | 4.6490 | 0.000% | $89K | $39K | 33x | as long as short |
| MEXC KSM_USDT | +0.0100% | 8h | 4.6470 | −0.043% | $769K | $249K | 20x | as long as short |
| KuCoin KSMUSDTM | +0.0100% | 8h | 4.6520 | +0.065% | $520K | $49K | 30x | as long as short |
| Bitget KSMUSDTlong | +0.0100% | 8h | 4.6490 | long leg | $498K | $233K | 50x |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX KSM-USDT | +0.0100% | 8h | 4.6450 | −0.086% | — | $2.4M | — | as long as short |
| Extended KSM-USD | +0.0104% | 1h | 4.6468 | −0.047% | $80K | $333K | 5x | as long as short |
Bitget KSMUSDT
Bybit KSMUSDT
Variational Omni KSM
Kraken Futures PF_KSMUSD
OKX KSM-USDT-SWAP
BloFin KSM-USDT
Binance KSMUSDT
Gate KSM_USDT
MEXC KSM_USDT
KuCoin KSMUSDTM
BingX KSM-USDT
Extended KSM-USD