Funding you earn now, next payment 00:00 UTC−0.0195%/8h= −21.3% APRpaid last 24h −0.008%
Price spread now: OKX against Bitget−0.043%7-day average −0.044% · you buy dearer than you sell
Net, funding: paid 7d − costs−$148as in the Funding arb table
Net, price: spread back to 7d avg − costs−$107as in the Price arb table
costs, in and out, $10k−$1071.075% of the position
Funding, last 7 days−0.403%−$40 on $10k
+Price spread, last 7 days−0.008%−$1 · spread now −0.043%, 7d avg −0.044%
=The price spread sits at its 7-day average of −0.044%, so right now this pair is about funding alone: −$6 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget KSMUSDT | 4.6140 | 0.0100 | pay 0.0100% / 8h | 1h 22m | $494K | $239K | 50x |
| Short | OKX KSM-USDT-SWAP | 4.6120 | −0.0095 | pay 0.0047% / 4h | 1h 22m | $757K | $654K | 20x |
Bitget KSMUSDT
OKX KSM-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$40.92
- Price spread: −0.043% → −0.044%
- $0.02
- Slippage, 4 orders
- −$85.47
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$148.37
- Costs to cover
- 1.075%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 58 min ago; OKX: live order book, 59 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, 58 min ago | 4.32 bp | 19.8 bp −$20 | 66.3 bp −$663 | 25895.0 bp −$2.59M | doesn't fit |
| Sell OKX live order book, 59 min ago | 5.42 bp | 20.7 bp −$21 | doesn't fit | 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 | −0.0567% | 8h | 4.6009 | −0.283% | $452K | $40K | — | as long as short |
| Kraken Futures PF_KSMUSD | −0.0428% | 1h | 4.6214 | +0.161% | $37K | $5K | 20x | as long as short |
| OKX KSM-USDT-SWAPshort | −0.0095% | 4h | 4.6120 | −0.043% | $757K | $654K | 20x | |
| BloFin KSM-USDT | +0.0094% | 8h | 4.6060 | −0.173% | $113K | $19K | 50x | as long as short |
| Binance KSMUSDT | +0.0100% | 8h | 4.6140 | −0.001% | $2.0M | $2.8M | 50x | as long as short |
| Bybit KSMUSDT | +0.0100% | 8h | 4.6050 | −0.195% | $2.2M | $719K | 50x | as long as short |
| Gate KSM_USDT | +0.0100% | 8h | 4.6130 | −0.022% | $89K | $41K | 33x | as long as short |
| MEXC KSM_USDT | +0.0100% | 8h | 4.6110 | −0.065% | $720K | $250K | 20x | as long as short |
| KuCoin KSMUSDTM | +0.0100% | 8h | 4.6150 | +0.022% | $514K | $52K | 30x | as long as short |
| Bitget KSMUSDTlong | +0.0100% | 8h | 4.6140 | long leg | $494K | $239K | 50x |
Variational Omni KSM
Kraken Futures PF_KSMUSD
BloFin KSM-USDT
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 | |
|---|---|---|---|---|---|---|---|---|
| BingX KSM-USDT | +0.0100% | 8h | 4.6150 | +0.022% | — | $2.4M | — | as long as short |
| Extended KSM-USD | +0.0104% | 1h | 4.6081 | −0.128% | $77K | $260K | 5x | as long as short |
BingX KSM-USDT
Extended KSM-USD