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: Bybit against KuCoin−0.130%7-day average −0.148% · you buy dearer than you sell
Net, funding: paid 7d − costs−$851as in the Funding arb table
Net, price: spread back to 7d avg − costs−$853as in the Price arb table
costs, in and out, $10k−$8548.544% of the position
Funding, last 7 days+0.031%+$3 on $10k
+Price spread, last 4 days (all we have)+0.145%+$15 · spread now −0.130%, 7d avg −0.148%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin KSMUSDTM | 4.6320 | 0.0100 | pay 0.0100% / 8h | 7h 52m | $512K | $29K | 30x |
| Short | Bybit KSMUSDT | 4.6260 | 0.0100 | get 0.0100% / 8h | 7h 52m | $2.2M | $670K | 50x |
KuCoin KSMUSDTM
Bybit KSMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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: −0.130% → −0.148%
- $1.87
- Slippage, 4 orders
- −$831.43
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$852.56
- Costs to cover
- 8.544%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 41 min ago; Bybit: live order book, 4 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, 41 min ago | 18.32 bp | 246.6 bp −$247 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 5.40 bp | 28.6 bp −$29 | 238.3 bp −$2,383 | 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 | −0.0284% | 1h | 4.6360 | +0.086% | $37K | $994 | 20x | as long as short |
| Variational Omni KSM | −0.0184% | 8h | 4.6317 | −0.006% | $456K | $33K | — | as long as short |
| Binance KSMUSDT | +0.0100% | 8h | 4.6288 | −0.070% | $2.0M | $2.6M | 50x | as long as short |
| Bybit KSMUSDTshort | +0.0100% | 8h | 4.6260 | −0.130% | $2.2M | $670K | 50x | |
| OKX KSM-USDT-SWAP | +0.0100% | 4h | 4.6230 | −0.194% | $768K | $625K | 20x | as long as short |
| Gate KSM_USDT | +0.0100% | 8h | 4.6290 | −0.065% | $85K | $30K | 33x | as long as short |
| MEXC KSM_USDT | +0.0100% | 8h | 4.6290 | −0.065% | $729K | $243K | 20x | as long as short |
| KuCoin KSMUSDTMlong | +0.0100% | 8h | 4.6320 | long leg | $512K | $29K | 30x | |
| Bitget KSMUSDT | +0.0100% | 8h | 4.6280 | −0.086% | $481K | $180K | 50x | as long as short |
| BingX KSM-USDT | +0.0100% | 8h | 4.6290 | −0.065% | — | $2.3M | — | as long as short |
Kraken Futures PF_KSMUSD
Variational Omni KSM
Binance KSMUSDT
OKX KSM-USDT-SWAP
Gate KSM_USDT
MEXC KSM_USDT
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 | 4.6281 | −0.085% | $77K | $460K | 5x | as long as short |
| BloFin KSM-USDT | +0.0109% | 8h | 4.6270 | −0.108% | $110K | $18K | 50x | as long as short |
Extended KSM-USD
BloFin KSM-USDT