Funding you earn now, next payment 08:00 UTC+0.0045%/8h= +4.9% APRpaid last 24h +0.075%
Price spread now: MEXC against OKX+0.129%7-day average +0.037% · you sell dearer than you buy
Net, funding: paid 7d − costs−$42as in the Funding arb table
Net, price: spread back to 7d avg − costs−$68as in the Price arb table
costs, in and out, $10k−$780.777% of the position
Funding, last 7 days+0.356%+$36 on $10k
+Price spread, last 7 days−0.060%−$6 · spread now +0.129%, 7d avg +0.037%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and MEXC is 0.092% dearer against OKX than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.037%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX KSM-USDT-SWAP | 4.6350 | 0.0055 | pay 0.0028% / 4h | 37m 57s | $769K | $636K | 20x |
| Short | MEXC KSM_USDT | 4.6410 | 0.0100 | get 0.0100% / 8h | 37m 57s | $731K | $246K | 20x |
OKX KSM-USDT-SWAP
MEXC KSM_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against OKX. 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
- $9.43
- Price spread: +0.129% → +0.037%
- $9.25
- Slippage, 4 orders
- −$63.74
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$59.06
- Costs to cover
- 0.777%
- Break-even
- 50.9 days
Slippage from OKX: live order book, 63 min ago; MEXC: live order book, 57 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 OKX live order book, 63 min ago | 6.51 bp | 27.2 bp −$27 | 4399.9 bp −$44.0K | doesn't fit | doesn't fit |
| Sell MEXC live order book, 57 min ago | 1.09 bp | 12.9 bp −$13 | 81.0 bp −$810 | 471.0 bp −$47.1K | 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 | −0.0391% | 1h | 4.6455 | +0.226% | $37K | $1K | 20x | as long as short |
| Variational Omni KSM | −0.0246% | 8h | 4.6426 | +0.164% | $457K | $37K | — | as long as short |
| OKX KSM-USDT-SWAPlong | +0.0055% | 4h | 4.6350 | long leg | $769K | $636K | 20x | |
| BloFin KSM-USDT | +0.0085% | 8h | 4.6430 | +0.173% | $110K | $18K | 50x | as long as short |
| Binance KSMUSDT | +0.0100% | 8h | 4.6399 | +0.105% | $2.0M | $2.7M | 50x | as long as short |
| Bybit KSMUSDT | +0.0100% | 8h | 4.6420 | +0.151% | $2.2M | $709K | 50x | as long as short |
| Gate KSM_USDT | +0.0100% | 8h | 4.6470 | +0.259% | $85K | $31K | 33x | as long as short |
| MEXC KSM_USDTshort | +0.0100% | 8h | 4.6410 | +0.129% | $731K | $246K | 20x | |
| KuCoin KSMUSDTM | +0.0100% | 8h | 4.6480 | +0.280% | $513K | $31K | 30x | as long as short |
| Bitget KSMUSDT | +0.0100% | 8h | 4.6460 | +0.237% | $484K | $185K | 50x | as long as short |
Kraken Futures PF_KSMUSD
Variational Omni KSM
BloFin KSM-USDT
Binance KSMUSDT
Bybit 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 | 4.6420 | +0.151% | — | $2.3M | — | as long as short |
| Extended KSM-USD | +0.0104% | 1h | 4.6384 | +0.073% | $79K | $463K | 5x | as long as short |
BingX KSM-USDT
Extended KSM-USD