Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.008%
Price spread now: Bybit against MEXC−0.065%7-day average −0.095% · you buy dearer than you sell
Net, funding: paid 7d − costs−$59as in the Funding arb table
Net, price: spread back to 7d avg − costs−$78as in the Price arb table
costs, in and out, $10k−$810.809% of the position
Funding, last 7 days+0.216%+$22 on $10k
+Price spread, last 7 days−0.013%−$1 · spread now −0.065%, 7d avg −0.095%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.030% dearer against MEXC than usual: you sell high and buy low, +$3 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 | MEXC KSM_USDT | 4.6480 | 0.0100 | pay 0.0100% / 8h | 41m 51s | $732K | $246K | 20x |
| Short | Bybit KSMUSDT | 4.6450 | 0.0100 | get 0.0100% / 8h | 41m 51s | $2.2M | $708K | 50x |
MEXC KSM_USDT
Bybit KSMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against MEXC. 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% → −0.095%
- $3.04
- Slippage, 4 orders
- −$65.92
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$77.88
- Costs to cover
- 0.809%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 54 min ago; Bybit: live order book, 5 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 MEXC live order book, 54 min ago | 1.09 bp | 11.3 bp −$11 | 36.9 bp −$369 | 399.1 bp −$39.9K | doesn't fit |
| Sell Bybit live order book, 5 min ago | 4.31 bp | 25.4 bp −$25 | 134.7 bp −$1,347 | 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 | −0.0390% | 1h | 4.6542 | +0.134% | $37K | $1K | 20x | as long as short |
| Variational Omni KSM | −0.0254% | 8h | 4.6371 | −0.235% | $457K | $37K | — | as long as short |
| OKX KSM-USDT-SWAP | +0.0047% | 4h | 4.6480 | 0.000% | $770K | $639K | 20x | as long as short |
| BloFin KSM-USDT | +0.0092% | 8h | 4.6410 | −0.151% | $110K | $18K | 50x | as long as short |
| Binance KSMUSDT | +0.0100% | 8h | 4.6503 | +0.050% | $2.0M | $2.7M | 50x | as long as short |
| Bybit KSMUSDTshort | +0.0100% | 8h | 4.6450 | −0.065% | $2.2M | $708K | 50x | |
| Gate KSM_USDT | +0.0100% | 8h | 4.6500 | +0.043% | $85K | $31K | 33x | as long as short |
| MEXC KSM_USDTlong | +0.0100% | 8h | 4.6480 | long leg | $732K | $246K | 20x | |
| KuCoin KSMUSDTM | +0.0100% | 8h | 4.6470 | −0.022% | $513K | $31K | 30x | as long as short |
| Bitget KSMUSDT | +0.0100% | 8h | 4.6480 | 0.000% | $484K | $185K | 50x | as long as short |
Kraken Futures PF_KSMUSD
Variational Omni KSM
OKX KSM-USDT-SWAP
BloFin KSM-USDT
Binance KSMUSDT
Gate 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 | 4.6500 | +0.043% | — | $2.3M | — | as long as short |
| Extended KSM-USD | +0.0104% | 1h | 4.6477 | −0.005% | $79K | $463K | 5x | as long as short |
BingX KSM-USDT
Extended KSM-USD