Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.018%
Price spread now: MEXC against Bybit+0.022%7-day average +0.095% · you sell dearer than you buy
Net, funding: paid 7d − costs−$104as in the Funding arb table
Net, price: spread back to 7d avg − costs−$90as in the Price arb table
costs, in and out, $10k−$820.823% of the position
Funding, last 7 days−0.221%−$22 on $10k
+Price spread, last 7 days+0.058%+$6 · spread now +0.022%, 7d avg +0.095%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.073% cheaper against Bybit than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.095%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit KSMUSDT | 4.6430 | 0.0100 | pay 0.0100% / 8h | 48m 22s | $2.2M | $717K | 50x |
| Short | MEXC KSM_USDT | 4.6440 | 0.0100 | get 0.0100% / 8h | 48m 22s | $767K | $244K | 20x |
Bybit KSMUSDT
MEXC KSM_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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: +0.022% → +0.095%
- −$7.31
- Slippage, 4 orders
- −$67.32
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$89.63
- Costs to cover
- 0.823%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 3 min ago; MEXC: live order book, 22 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, 3 min ago | 3.24 bp | 26.5 bp −$27 | 167.3 bp −$1,673 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 22 min ago | 2.17 bp | 11.8 bp −$12 | 48.7 bp −$487 | 487.2 bp −$48.7K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni KSM | −0.0499% | 8h | 4.6319 | −0.239% | $455K | $40K | — | as long as short |
| Kraken Futures PF_KSMUSD | −0.0352% | 1h | 4.6492 | +0.134% | $37K | $5K | 20x | as long as short |
| OKX KSM-USDT-SWAP | +0.0019% | 4h | 4.6440 | +0.022% | $760K | $659K | 20x | as long as short |
| Binance KSMUSDT | +0.0100% | 8h | 4.6430 | 0.000% | $2.0M | $2.8M | 50x | as long as short |
| Bybit KSMUSDTlong | +0.0100% | 8h | 4.6430 | long leg | $2.2M | $717K | 50x | |
| Gate KSM_USDT | +0.0100% | 8h | 4.6430 | 0.000% | $90K | $39K | 33x | as long as short |
| MEXC KSM_USDTshort | +0.0100% | 8h | 4.6440 | +0.022% | $767K | $244K | 20x | |
| KuCoin KSMUSDTM | +0.0100% | 8h | 4.6480 | +0.108% | $518K | $52K | 30x | as long as short |
| Bitget KSMUSDT | +0.0100% | 8h | 4.6430 | 0.000% | $496K | $238K | 50x | as long as short |
| BingX KSM-USDT | +0.0100% | 8h | 4.6430 | 0.000% | — | $2.4M | — | as long as short |
Variational Omni KSM
Kraken Futures PF_KSMUSD
OKX KSM-USDT-SWAP
Binance KSMUSDT
Gate KSM_USDT
KuCoin KSMUSDTM
Bitget KSMUSDT
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 | 4.6467 | +0.080% | $77K | $260K | 5x | as long as short |
| BloFin KSM-USDT | +0.0124% | 8h | 4.6430 | 0.000% | $113K | $19K | 50x | as long as short |
Extended KSM-USD
BloFin KSM-USDT