Funding you earn now, next payment 16:00 UTC−0.0001%/8h= −0.2% APRnext payment −$0.01 per $10,000 · paid last 24h +0.004%
Price spread now: MEXC against BloFin+0.087%109s7-day average +0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs−$66as 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−$670.667% of the position
Funding, last 7 days+0.002%$0 on $10k
+Price spread, last 4 days (all we have)+0.114%+$11 · spread now +0.087%, 7d avg +0.009%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.079% dearer against BloFin than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of +0.009%. The two prices were read 109 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 | 4.5830 | 0.0101 | pay 0.0101% / 8h | 4h 09m | $110K | $19K | 50x |
| Short | MEXC KSM_USDT | 4.5870 | 0.0100 | get 0.0100% / 8h | 4h 09m | $741K | $189K | 20x |
BloFin KSM-USDT
MEXC KSM_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$0.3
- Price spread: +0.087% → +0.009%
- $7.87
- Slippage, 4 orders
- −$50.66
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$59.09
- Costs to cover
- 0.667%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 14 min ago; MEXC: live order book, 24 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, 14 min ago | 3.28 bp | 14.7 bp −$15 | 38.0 bp −$380 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 24 min ago | 2.19 bp | 11.0 bp −$11 | 84.4 bp −$844 | 485.8 bp −$48.6K | doesn't fit |
KSM on 12 exchanges
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 | −0.0874% | 1h | 4.5885 | +0.119% | $39K | $4K | 20x | as long as short |
| Variational Omni KSM | −0.0461% | 8h | 4.5747 | −0.180% | $451K | $11K | — | as long as short |
| OKX KSM-USDT-SWAP | −0.0042% | 4h | 4.5800 | −0.065% | $760K | $590K | 20x | as long as short |
| Binance KSMUSDT | +0.0100% | 8h | 4.5850 | +0.044% | $2.0M | $2.3M | 50x | as long as short |
| Bybit KSMUSDT | +0.0100% | 8h | 4.5810 | −0.044% | $2.2M | $589K | 50x | as long as short |
| Gate KSM_USDT | +0.0100% | 8h | 4.5830 | 0.000% | $83K | $28K | 33x | as long as short |
| MEXC KSM_USDTshort | +0.0100% | 8h | 4.5870 | +0.087% | $741K | $189K | 20x | |
| KuCoin KSMUSDTM | +0.0100% | 8h | 4.5860 | +0.065% | $505K | $30K | 30x | as long as short |
| Bitget KSMUSDT | +0.0100% | 8h | 4.5830 | 0.000% | $476K | $174K | 50x | as long as short |
| BingX KSM-USDT | +0.0100% | 8h | 4.5810 | −0.044% | — | $2.3M | — | as long as short |
Kraken Futures PF_KSMUSD
Variational Omni KSM
OKX KSM-USDT-SWAP
Binance KSMUSDT
Bybit KSMUSDT
Gate KSM_USDT
KuCoin KSMUSDTM
Bitget KSMUSDT
BingX KSM-USDTShow all 12 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin KSM-USDTlong | +0.0101% | 8h | 4.5830 | long leg | $110K | $19K | 50x | |
| Extended KSM-USD | +0.0104% | 1h | 4.5835 | +0.011% | $78K | $601K | 5x | as long as short |
Extended KSM-USD