Funding you earn now, next payment 00:00 UTC+0.0006%/8h= +0.7% APRnext payment +$0.06 per $10,000 · paid last 24h −0.023%
Price spread now: Bitget against BloFin+0.130%55s7-day average +0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$87as 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−$930.925% of the position
Funding, last 7 days+0.052%+$5 on $10k
+Price spread, last 3 days (all we have)+0.138%+$14 · spread now +0.130%, 7d avg +0.005%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.126% dearer against BloFin than usual: you sell high and buy low, +$13 on $10k if it goes back to its 7-day average of +0.005%. The two prices were read 55 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 | BloFin KSM-USDT | 4.6060 | 0.0094 | pay 0.0094% / 8h | 1h 22m | $113K | $19K | 50x |
| Short | Bitget KSMUSDT | 4.6120 | 0.0100 | get 0.0100% / 8h | 1h 22m | $494K | $239K | 50x |
BloFin KSM-USDT
Bitget KSMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against BloFin. 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
- $1.3
- Price spread: +0.130% → +0.005%
- $12.57
- Slippage, 4 orders
- −$68.52
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$78.65
- Costs to cover
- 0.925%
- Break-even
- 430.9 days
Slippage from BloFin: live order book, 50 min ago; Bitget: live order book, 57 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 BloFin live order book, 50 min ago | 2.17 bp | 18.4 bp −$18 | 45.9 bp −$459 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 57 min ago | 4.32 bp | 39.1 bp −$39 | 102.1 bp −$1,021 | 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 | −0.110% | $452K | $40K | — | as long as short |
| Kraken Futures PF_KSMUSD | −0.0428% | 1h | 4.6214 | +0.335% | $37K | $5K | 20x | as long as short |
| OKX KSM-USDT-SWAP | −0.0095% | 4h | 4.6100 | +0.087% | $756K | $653K | 20x | as long as short |
| BloFin KSM-USDTlong | +0.0094% | 8h | 4.6060 | long leg | $113K | $19K | 50x | |
| Binance KSMUSDT | +0.0100% | 8h | 4.6122 | +0.135% | $2.0M | $2.8M | 50x | as long as short |
| Bybit KSMUSDT | +0.0100% | 8h | 4.6050 | −0.022% | $2.2M | $719K | 50x | as long as short |
| Gate KSM_USDT | +0.0100% | 8h | 4.6130 | +0.152% | $89K | $41K | 33x | as long as short |
| MEXC KSM_USDT | +0.0100% | 8h | 4.6110 | +0.109% | $720K | $250K | 20x | as long as short |
| KuCoin KSMUSDTM | +0.0100% | 8h | 4.6150 | +0.195% | $514K | $52K | 30x | as long as short |
| Bitget KSMUSDTshort | +0.0100% | 8h | 4.6120 | +0.130% | $494K | $239K | 50x |
Variational Omni KSM
Kraken Futures PF_KSMUSD
OKX KSM-USDT-SWAP
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 | 4.6100 | +0.087% | — | $2.4M | — | as long as short |
| Extended KSM-USD | +0.0104% | 1h | 4.6081 | +0.046% | $77K | $260K | 5x | as long as short |
BingX KSM-USDT
Extended KSM-USD