Funding you earn now, next payment 08:00 UTC−0.0028%/8h= −3.1% APRnext payment −$0.28 per $10,000 · paid last 24h −0.010%
Price spread now: BloFin against Gate−0.173%63s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.183%−$18 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.173% cheaper against Gate than usual: you would sell low and buy high (−$17 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 63 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 | Gate KSM_USDT | 4.6360 | 0.0100 | pay 0.0100% / 8h | 3h 59m | $86K | $40K | 33x |
| Short | BloFin KSM-USDT | 4.6280 | 0.0072 | get 0.0072% / 8h | 3h 59m | $112K | $18K | 50x |
Gate KSM_USDT
BloFin KSM-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Gate. 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
- −$5.9
- Price spread: −0.173% → 0.000%
- −$17.26
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$50.16
- Costs to cover
- 0.270%
- Break-even
- never at this rate
Slippage unknown: Gate: no order-book sample; BloFin: live order book, 21 min ago. Net counts fees only.
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 Gate no order-book sample | — | — | — | — | — |
| Sell BloFin live order book, 21 min ago | 5.39 bp | 16.8 bp −$17 | 49.5 bp −$495 | doesn't fit | doesn't fit |
Gate: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0352% | 8h | 4.6247 | −0.244% | $456K | $38K | — | as long as short |
| OKX KSM-USDT-SWAP | −0.0320% | 4h | 4.6300 | −0.129% | $753K | $641K | 20x | as long as short |
| Kraken Futures PF_KSMUSD | −0.0289% | 1h | 4.6341 | −0.042% | $37K | $1K | 20x | as long as short |
| BloFin KSM-USDTshort | +0.0072% | 8h | 4.6280 | −0.173% | $112K | $18K | 50x | |
| Binance KSMUSDT | +0.0100% | 8h | 4.6307 | −0.114% | $2.0M | $2.8M | 50x | as long as short |
| Bybit KSMUSDT | +0.0100% | 8h | 4.6260 | −0.216% | $2.2M | $673K | 50x | as long as short |
| Gate KSM_USDTlong | +0.0100% | 8h | 4.6360 | long leg | $86K | $40K | 33x | |
| MEXC KSM_USDT | +0.0100% | 8h | 4.6320 | −0.086% | $747K | $244K | 20x | as long as short |
| KuCoin KSMUSDTM | +0.0100% | 8h | 4.6270 | −0.194% | $516K | $37K | 30x | as long as short |
| Bitget KSMUSDT | +0.0100% | 8h | 4.6310 | −0.108% | $486K | $216K | 50x | as long as short |
Variational Omni KSM
OKX KSM-USDT-SWAP
Kraken Futures PF_KSMUSD
Binance KSMUSDT
Bybit KSMUSDT
MEXC KSM_USDT
KuCoin KSMUSDTM
Bitget KSMUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX KSM-USDT | +0.0100% | 8h | 4.6270 | −0.194% | — | $2.4M | — | as long as short |
| Extended KSM-USD | +0.0104% | 1h | 4.6294 | −0.143% | $77K | $319K | 5x | as long as short |
BingX KSM-USDT
Extended KSM-USD