Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.012%
Price spread now: Bitget against Binance−0.048%7-day average +0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$96as in the Funding arb table
Net, price: spread back to 7d avg − costs−$105as in the Price arb table
costs, in and out, $10k−$1001.003% of the position
Funding, last 7 days+0.045%+$4 on $10k
+Price spread, last 7 days+0.045%+$4 · spread now −0.048%, 7d avg +0.004%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.052% cheaper against Binance than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.004%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance KSMUSDT | 4.6342 | 0.0100 | pay 0.0100% / 8h | 5h 11m | $2.0M | $2.8M | 50x |
| Short | Bitget KSMUSDT | 4.6320 | 0.0100 | get 0.0100% / 8h | 5h 11m | $494K | $224K | 50x |
Binance KSMUSDT
Bitget KSMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Binance. 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: −0.048% → +0.004%
- −$5.21
- Slippage, 4 orders
- −$78.29
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$105.5
- Costs to cover
- 1.003%
- Break-even
- never at this rate
Slippage from Binance: live order book, 9 min ago; Bitget: live order book, 48 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 Binance live order book, 9 min ago | 2.16 bp | 22.5 bp −$22 | 65.0 bp −$650 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 48 min ago | 5.40 bp | 25.7 bp −$26 | 89.1 bp −$891 | 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 | −0.0686% | 1h | 4.6370 | +0.059% | $37K | $1K | 20x | as long as short |
| Variational Omni KSM | −0.0251% | 8h | 4.6321 | −0.046% | $455K | $38K | — | as long as short |
| BloFin KSM-USDT | +0.0096% | 8h | 4.6330 | −0.027% | $113K | $18K | 50x | as long as short |
| OKX KSM-USDT-SWAP | +0.0100% | 4h | 4.6320 | −0.048% | $755K | $657K | 20x | as long as short |
| Binance KSMUSDTlong | +0.0100% | 8h | 4.6342 | long leg | $2.0M | $2.8M | 50x | |
| Bybit KSMUSDT | +0.0100% | 8h | 4.6270 | −0.156% | $2.2M | $674K | 50x | as long as short |
| Gate KSM_USDT | +0.0100% | 8h | 4.6350 | +0.016% | $86K | $39K | 33x | as long as short |
| MEXC KSM_USDT | +0.0100% | 8h | 4.6350 | +0.016% | $760K | $250K | 20x | as long as short |
| KuCoin KSMUSDTM | +0.0100% | 8h | 4.6380 | +0.081% | $519K | $50K | 30x | as long as short |
| Bitget KSMUSDTshort | +0.0100% | 8h | 4.6320 | −0.048% | $494K | $224K | 50x |
Kraken Futures PF_KSMUSD
Variational Omni KSM
BloFin KSM-USDT
OKX KSM-USDT-SWAP
Bybit KSMUSDT
Gate KSM_USDT
MEXC KSM_USDT
KuCoin KSMUSDTMShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX KSM-USDT | +0.0100% | 8h | 4.6350 | +0.016% | — | $2.4M | — | as long as short |
| Extended KSM-USD | +0.0104% | 1h | 4.6329 | −0.028% | $78K | $317K | 5x | as long as short |
BingX KSM-USDT
Extended KSM-USD