Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.020%
Price spread now: Bitget against Bybit+0.065%7-day average +0.104% · you sell dearer than you buy
Net, funding: paid 7d − costs−$135as in the Funding arb table
Net, price: spread back to 7d avg − costs−$122as in the Price arb table
costs, in and out, $10k−$1181.178% of the position
Funding, last 7 days−0.172%−$17 on $10k
+Price spread, last 7 days+0.035%+$3 · spread now +0.065%, 7d avg +0.104%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.039% cheaper against Bybit than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.104%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit KSMUSDT | 4.6280 | 0.0100 | pay 0.0100% / 8h | 52m 39s | $2.2M | $710K | 50x |
| Short | Bitget KSMUSDT | 4.6310 | 0.0100 | get 0.0100% / 8h | 52m 39s | $483K | $185K | 50x |
Bybit KSMUSDT
Bitget KSMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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: +0.065% → +0.104%
- −$3.9
- Slippage, 4 orders
- −$94.78
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$121.68
- Costs to cover
- 1.178%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 4 min ago; Bitget: live order book, 47 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, 4 min ago | 5.41 bp | 28.5 bp −$28 | 148.5 bp −$1,485 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 47 min ago | 7.61 bp | 29.7 bp −$30 | 92.9 bp −$929 | 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 | −0.0392% | 1h | 4.6377 | +0.210% | $37K | $1K | 20x | as long as short |
| Variational Omni KSM | −0.0283% | 8h | 4.6181 | −0.213% | $455K | $37K | — | as long as short |
| OKX KSM-USDT-SWAP | −0.0008% | 4h | 4.6290 | +0.022% | $768K | $637K | 20x | as long as short |
| Binance KSMUSDT | +0.0100% | 8h | 4.6310 | +0.065% | $2.0M | $2.7M | 50x | as long as short |
| Bybit KSMUSDTlong | +0.0100% | 8h | 4.6280 | long leg | $2.2M | $710K | 50x | |
| Gate KSM_USDT | +0.0100% | 8h | 4.6330 | +0.108% | $85K | $31K | 33x | as long as short |
| MEXC KSM_USDT | +0.0100% | 8h | 4.6310 | +0.065% | $736K | $241K | 20x | as long as short |
| KuCoin KSMUSDTM | +0.0100% | 8h | 4.6290 | +0.022% | $511K | $31K | 30x | as long as short |
| Bitget KSMUSDTshort | +0.0100% | 8h | 4.6310 | +0.065% | $483K | $185K | 50x | |
| BingX KSM-USDT | +0.0100% | 8h | 4.6280 | 0.000% | — | $2.3M | — | 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
BingX KSM-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended KSM-USD | +0.0104% | 1h | 4.6277 | −0.007% | $83K | $395K | 5x | as long as short |
| BloFin KSM-USDT | +0.0122% | 8h | 4.6380 | +0.216% | $110K | $18K | 50x | as long as short |
Extended KSM-USD
BloFin KSM-USDT