Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against KuCoin−0.086%7-day average −0.092% · you buy dearer than you sell
Net, funding: paid 7d − costs−$478as in the Funding arb table
Net, price: spread back to 7d avg − costs−$478as in the Price arb table
costs, in and out, $10k−$4794.790% of the position
Funding, last 7 days+0.012%+$1 on $10k
+Price spread, last 4 days (all we have)+0.018%+$2 · spread now −0.086%, 7d avg −0.092%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin KSMUSDTM | 4.6470 | 0.0100 | pay 0.0100% / 8h | 46m 42s | $518K | $52K | 30x |
| Short | BingX KSM-USDT | 4.6430 | 0.0100 | get 0.0100% / 8h | 46m 42s | — | $2.4M | — |
KuCoin KSMUSDTM
BingX KSM-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against KuCoin. 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: −0.086% → −0.092%
- $0.58
- Slippage, 4 orders
- −$457.03
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$478.45
- Costs to cover
- 4.790%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 16 min ago; BingX: live order book, 3 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 KuCoin live order book, 16 min ago | 24.87 bp | 166.5 bp −$167 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 3 min ago | 7.54 bp | 29.0 bp −$29 | 65.7 bp −$657 | 558.6 bp −$55.9K | 1019.5 bp −$509.8K |
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 | −0.324% | $455K | $40K | — | as long as short |
| Kraken Futures PF_KSMUSD | −0.0352% | 1h | 4.6494 | +0.051% | $37K | $5K | 20x | as long as short |
| OKX KSM-USDT-SWAP | +0.0023% | 4h | 4.6440 | −0.065% | $759K | $659K | 20x | as long as short |
| BloFin KSM-USDT | +0.0080% | 8h | 4.6460 | −0.022% | $113K | $19K | 50x | as long as short |
| Binance KSMUSDT | +0.0100% | 8h | 4.6460 | −0.022% | $2.0M | $2.8M | 50x | as long as short |
| Bybit KSMUSDT | +0.0100% | 8h | 4.6390 | −0.172% | $2.2M | $716K | 50x | as long as short |
| Gate KSM_USDT | +0.0100% | 8h | 4.6430 | −0.086% | $89K | $39K | 33x | as long as short |
| MEXC KSM_USDT | +0.0100% | 8h | 4.6420 | −0.108% | $767K | $244K | 20x | as long as short |
| KuCoin KSMUSDTMlong | +0.0100% | 8h | 4.6470 | long leg | $518K | $52K | 30x | |
| Bitget KSMUSDT | +0.0100% | 8h | 4.6430 | −0.086% | $496K | $238K | 50x | as long as short |
Variational Omni KSM
Kraken Futures PF_KSMUSD
OKX KSM-USDT-SWAP
BloFin KSM-USDT
Binance KSMUSDT
Bybit KSMUSDT
Gate KSM_USDT
MEXC KSM_USDT
Bitget KSMUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX KSM-USDTshort | +0.0100% | 8h | 4.6430 | −0.086% | — | $2.4M | — | |
| Extended KSM-USD | +0.0104% | 1h | 4.6395 | −0.161% | $77K | $260K | 5x | as long as short |
Extended KSM-USD