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 KuCoin+0.065%7-day average −0.057% · you sell dearer than you buy
Net, funding: paid 7d − costs−$652as in the Funding arb table
Net, price: spread back to 7d avg − costs−$625as in the Price arb table
costs, in and out, $10k−$6386.377% of the position
Funding, last 7 days−0.141%−$14 on $10k
+Price spread, last 4 days (all we have)−0.134%−$13 · spread now +0.065%, 7d avg −0.057%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.122% dearer against KuCoin than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of −0.057%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin KSMUSDTM | 4.6310 | 0.0100 | pay 0.0100% / 8h | 3h 30m | $517K | $36K | 30x |
| Short | Bitget KSMUSDT | 4.6340 | 0.0100 | get 0.0100% / 8h | 3h 30m | $485K | $216K | 50x |
KuCoin KSMUSDTM
Bitget KSMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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: +0.065% → −0.057%
- $12.19
- Slippage, 4 orders
- −$613.68
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$625.49
- Costs to cover
- 6.377%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 43 min ago; Bitget: live order book, 19 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, 43 min ago | 22.62 bp | 336.2 bp −$336 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 19 min ago | 5.39 bp | 32.9 bp −$33 | 93.0 bp −$930 | 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 | −0.0525% | 1h | 4.6405 | +0.206% | $37K | $1K | 20x | as long as short |
| Variational Omni KSM | −0.0309% | 8h | 4.6282 | −0.061% | $455K | $38K | — | as long as short |
| OKX KSM-USDT-SWAP | −0.0262% | 4h | 4.6310 | 0.000% | $753K | $630K | 20x | as long as short |
| BloFin KSM-USDT | +0.0083% | 8h | 4.6230 | −0.173% | $111K | $18K | 50x | as long as short |
| Binance KSMUSDT | +0.0100% | 8h | 4.6340 | +0.065% | $2.0M | $2.7M | 50x | as long as short |
| Bybit KSMUSDT | +0.0100% | 8h | 4.6310 | 0.000% | $2.2M | $669K | 50x | as long as short |
| Gate KSM_USDT | +0.0100% | 8h | 4.6320 | +0.022% | $85K | $40K | 33x | as long as short |
| MEXC KSM_USDT | +0.0100% | 8h | 4.6350 | +0.086% | $748K | $241K | 20x | as long as short |
| KuCoin KSMUSDTMlong | +0.0100% | 8h | 4.6310 | long leg | $517K | $36K | 30x | |
| Bitget KSMUSDTshort | +0.0100% | 8h | 4.6340 | +0.065% | $485K | $216K | 50x |
Kraken Futures PF_KSMUSD
Variational Omni KSM
OKX KSM-USDT-SWAP
BloFin KSM-USDT
Binance KSMUSDT
Bybit KSMUSDT
Gate KSM_USDT
MEXC KSM_USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX KSM-USDT | +0.0100% | 8h | 4.6320 | +0.022% | — | $2.4M | — | as long as short |
| Extended KSM-USD | +0.0104% | 1h | 4.6326 | +0.035% | $78K | $318K | 5x | as long as short |
BingX KSM-USDT
Extended KSM-USD