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: KuCoin against Bybit+0.131%7-day average +0.149% · you sell dearer than you buy
Net, funding: paid 7d − costs−$404as in the Funding arb table
Net, price: spread back to 7d avg − costs−$403as in the Price arb table
costs, in and out, $10k−$4014.009% of the position
Funding, last 7 days−0.031%−$3 on $10k
+Price spread, last 4 days (all we have)−0.154%−$15 · spread now +0.131%, 7d avg +0.149%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit KSMUSDT | 4.5800 | 0.0100 | pay 0.0100% / 8h | 4h 08m | $2.2M | $589K | 50x |
| Short | KuCoin KSMUSDTM | 4.5860 | 0.0100 | get 0.0100% / 8h | 4h 08m | $505K | $30K | 30x |
Bybit KSMUSDT
KuCoin KSMUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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: +0.131% → +0.149%
- −$1.78
- Slippage, 4 orders
- −$377.85
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$402.64
- Costs to cover
- 4.009%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 2 min ago; KuCoin: live order book, 17 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 | 1.09 bp | 25.5 bp −$25 | 279.5 bp −$2,795 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 17 min ago | 16.42 bp | 177.2 bp −$177 | doesn't fit | doesn't fit | 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 | −0.0875% | 1h | 4.5881 | +0.177% | $39K | $4K | 20x | as long as short |
| Variational Omni KSM | −0.0461% | 8h | 4.5747 | −0.115% | $451K | $11K | — | as long as short |
| OKX KSM-USDT-SWAP | −0.0038% | 4h | 4.5780 | −0.044% | $767K | $590K | 20x | as long as short |
| BloFin KSM-USDT | +0.0084% | 8h | 4.5800 | 0.000% | $110K | $19K | 50x | as long as short |
| Binance KSMUSDT | +0.0100% | 8h | 4.5849 | +0.107% | $2.0M | $2.3M | 50x | as long as short |
| Bybit KSMUSDTlong | +0.0100% | 8h | 4.5800 | long leg | $2.2M | $589K | 50x | |
| Gate KSM_USDT | +0.0100% | 8h | 4.5830 | +0.066% | $83K | $28K | 33x | as long as short |
| MEXC KSM_USDT | +0.0100% | 8h | 4.5850 | +0.109% | $741K | $189K | 20x | as long as short |
| KuCoin KSMUSDTMshort | +0.0100% | 8h | 4.5860 | +0.131% | $505K | $30K | 30x | |
| Bitget KSMUSDT | +0.0100% | 8h | 4.5830 | +0.066% | $476K | $174K | 50x | as long as short |
Kraken Futures PF_KSMUSD
Variational Omni KSM
OKX KSM-USDT-SWAP
BloFin KSM-USDT
Binance KSMUSDT
Gate KSM_USDT
MEXC KSM_USDT
Bitget KSMUSDTShow all 12 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX KSM-USDT | +0.0100% | 8h | 4.5800 | 0.000% | — | $2.3M | — | as long as short |
| Extended KSM-USD | +0.0104% | 1h | 4.5833 | +0.073% | $78K | $601K | 5x | as long as short |
BingX KSM-USDT
Extended KSM-USD