Funding you earn now, next payment 08:00 UTC+0.0015%/8h= +1.6% APRnext payment +$0.15 per $10,000 · paid last 24h +0.010%
Price spread now: Bybit against BloFin−0.086%7-day average −0.088% · you buy dearer than you sell
Net, funding: paid 7d − costs−$75as in the Funding arb table
Net, price: spread back to 7d avg − costs−$97as in the Price arb table
costs, in and out, $10k−$970.968% of the position
Funding, last 7 days+0.219%+$22 on $10k
+Price spread, last 4 days (all we have)+0.243%+$24 · spread now −0.086%, 7d avg −0.088%
=The price spread sits at its 7-day average of −0.088%, so right now this pair is about funding alone: $0 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin KSM-USDT | 4.6280 | 0.0085 | pay 0.0085% / 8h | 3h 58m | $112K | $18K | 50x |
| Short | Bybit KSMUSDT | 4.6240 | 0.0100 | get 0.0100% / 8h | 3h 58m | $2.2M | $672K | 50x |
BloFin KSM-USDT
Bybit KSMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $3.14
- Price spread: −0.086% → −0.088%
- $0.17
- Slippage, 4 orders
- −$73.82
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$93.51
- Costs to cover
- 0.968%
- Break-even
- 215.7 days
Slippage from BloFin: live order book, 22 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 BloFin live order book, 22 min ago | 5.39 bp | 21.1 bp −$21 | 47.3 bp −$473 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 4.32 bp | 31.7 bp −$32 | 137.8 bp −$1,378 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_KSMUSD | −0.0526% | 1h | 4.6315 | +0.075% | $37K | $1K | 20x | as long as short |
| Variational Omni KSM | −0.0352% | 8h | 4.6247 | −0.072% | $456K | $38K | — | as long as short |
| OKX KSM-USDT-SWAP | −0.0317% | 4h | 4.6250 | −0.065% | $752K | $641K | 20x | as long as short |
| BloFin KSM-USDTlong | +0.0085% | 8h | 4.6280 | long leg | $112K | $18K | 50x | |
| Binance KSMUSDT | +0.0100% | 8h | 4.6277 | −0.007% | $2.0M | $2.8M | 50x | as long as short |
| Bybit KSMUSDTshort | +0.0100% | 8h | 4.6240 | −0.086% | $2.2M | $672K | 50x | |
| Gate KSM_USDT | +0.0100% | 8h | 4.6350 | +0.151% | $86K | $40K | 33x | as long as short |
| MEXC KSM_USDT | +0.0100% | 8h | 4.6280 | 0.000% | $747K | $239K | 20x | as long as short |
| KuCoin KSMUSDTM | +0.0100% | 8h | 4.6300 | +0.043% | $517K | $38K | 30x | as long as short |
| Bitget KSMUSDT | +0.0100% | 8h | 4.6330 | +0.108% | $486K | $216K | 50x | as long as short |
Kraken Futures PF_KSMUSD
Variational Omni KSM
OKX KSM-USDT-SWAP
Binance KSMUSDT
Gate KSM_USDT
MEXC KSM_USDT
KuCoin KSMUSDTM
Bitget KSMUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX KSM-USDT | +0.0100% | 8h | 4.6260 | −0.043% | — | $2.4M | — | as long as short |
| Extended KSM-USD | +0.0104% | 1h | 4.6272 | −0.017% | $77K | $319K | 5x | as long as short |
BingX KSM-USDT
Extended KSM-USD