Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against Bybit+0.087%7-day average +0.062% · you sell dearer than you buy
Net, funding: paid 7d − costs−$105as in the Funding arb table
Net, price: spread back to 7d avg − costs−$100as in the Price arb table
costs, in and out, $10k−$1031.028% of the position
Funding, last 7 days−0.019%−$2 on $10k
+Price spread, last 7 days−0.061%−$6 · spread now +0.087%, 7d avg +0.062%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.025% dearer against Bybit than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.062%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit KSMUSDT | 4.5930 | 0.0100 | pay 0.0100% / 8h | 5h 57m | $2.1M | $611K | 50x |
| Short | BingX KSM-USDT | 4.5970 | 0.0100 | get 0.0100% / 8h | 5h 57m | — | $2.3M | — |
Bybit KSMUSDT
BingX KSM-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Bybit. 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: +0.087% → +0.062%
- $2.54
- Slippage, 4 orders
- −$81.79
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$100.25
- Costs to cover
- 1.028%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 2 min ago; BingX: live order book, 4 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 Bybit live order book, 2 min ago | 4.36 bp | 29.2 bp −$29 | 173.0 bp −$1,730 | doesn't fit | doesn't fit |
| Sell BingX live order book, 4 min ago | 6.53 bp | 24.7 bp −$25 | 63.5 bp −$635 | 568.3 bp −$56.8K | 1014.1 bp −$507.1K |
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 | −0.0460% | 1h | 4.6049 | +0.258% | $37K | $995 | 20x | as long as short |
| Variational Omni KSM | −0.0231% | 8h | 4.5894 | −0.078% | $452K | $26K | — | as long as short |
| BloFin KSM-USDT | +0.0076% | 8h | 4.5950 | +0.044% | $109K | $18K | 50x | as long as short |
| Binance KSMUSDT | +0.0100% | 8h | 4.5976 | +0.099% | $2.0M | $2.4M | 50x | as long as short |
| Bybit KSMUSDTlong | +0.0100% | 8h | 4.5930 | long leg | $2.1M | $611K | 50x | |
| OKX KSM-USDT-SWAP | +0.0100% | 4h | 4.5970 | +0.087% | $760K | $574K | 20x | as long as short |
| Gate KSM_USDT | +0.0100% | 8h | 4.6020 | +0.196% | $84K | $27K | 33x | as long as short |
| MEXC KSM_USDT | +0.0100% | 8h | 4.5970 | +0.087% | $726K | $194K | 20x | as long as short |
| KuCoin KSMUSDTM | +0.0100% | 8h | 4.5970 | +0.087% | $504K | $24K | 30x | as long as short |
| Bitget KSMUSDT | +0.0100% | 8h | 4.5980 | +0.109% | $484K | $174K | 50x | as long as short |
Kraken Futures PF_KSMUSD
Variational Omni KSM
BloFin KSM-USDT
Binance KSMUSDT
OKX KSM-USDT-SWAP
Gate KSM_USDT
MEXC KSM_USDT
KuCoin KSMUSDTM
Bitget KSMUSDTShow all 12 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX KSM-USDTshort | +0.0100% | 8h | 4.5970 | +0.087% | — | $2.3M | — | |
| Extended KSM-USD | +0.0104% | 1h | 4.5916 | −0.030% | $80K | $467K | 5x | as long as short |
Extended KSM-USD