Funding you earn now, next payment 00:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h −0.036%
Price spread now: OKX against Binance−0.022%7-day average −0.038% · you buy dearer than you sell
Net, funding: paid 7d − costs−$130as in the Funding arb table
Net, price: spread back to 7d avg − costs−$93as in the Price arb table
costs, in and out, $10k−$950.950% of the position
Funding, last 7 days−0.354%−$35 on $10k
+Price spread, last 7 days+0.017%+$2 · spread now −0.022%, 7d avg −0.038%
=The price spread sits at its 7-day average of −0.038%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance KSMUSDT | 4.6320 | 0.0100 | pay 0.0100% / 8h | 43m 22s | $2.0M | $2.9M | 50x |
| Short | OKX KSM-USDT-SWAP | 4.6310 | 0.0033 | get 0.0017% / 4h | 43m 22s | $758K | $658K | 20x |
Binance KSMUSDT
OKX KSM-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$13.97
- Price spread: −0.022% → −0.038%
- $1.64
- Slippage, 4 orders
- −$74.99
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$107.33
- Costs to cover
- 0.950%
- Break-even
- never at this rate
Slippage from Binance: live order book, 7 min ago; OKX: live order book, 33 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, 7 min ago | 2.15 bp | 24.5 bp −$25 | 69.7 bp −$697 | doesn't fit | doesn't fit |
| Sell OKX live order book, 33 min ago | 2.17 bp | 26.8 bp −$27 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni KSM | −0.0486% | 8h | 4.6394 | +0.160% | $456K | $40K | — | as long as short |
| Kraken Futures PF_KSMUSD | −0.0353% | 1h | 4.6405 | +0.183% | $37K | $5K | 20x | as long as short |
| OKX KSM-USDT-SWAPshort | +0.0033% | 4h | 4.6310 | −0.022% | $758K | $658K | 20x | |
| BloFin KSM-USDT | +0.0072% | 8h | 4.6480 | +0.345% | $113K | $19K | 50x | as long as short |
| Binance KSMUSDTlong | +0.0100% | 8h | 4.6320 | long leg | $2.0M | $2.9M | 50x | |
| Bybit KSMUSDT | +0.0100% | 8h | 4.6300 | −0.043% | $2.2M | $716K | 50x | as long as short |
| Gate KSM_USDT | +0.0100% | 8h | 4.6340 | +0.043% | $89K | $39K | 33x | as long as short |
| MEXC KSM_USDT | +0.0100% | 8h | 4.6330 | +0.022% | $765K | $244K | 20x | as long as short |
| KuCoin KSMUSDTM | +0.0100% | 8h | 4.6390 | +0.151% | $517K | $52K | 30x | as long as short |
| Bitget KSMUSDT | +0.0100% | 8h | 4.6360 | +0.086% | $495K | $238K | 50x | as long as short |
Variational Omni KSM
Kraken Futures PF_KSMUSD
BloFin KSM-USDT
Bybit KSMUSDT
Gate KSM_USDT
MEXC 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 | 4.6330 | +0.022% | — | $2.4M | — | as long as short |
| Extended KSM-USD | +0.0104% | 1h | 4.6311 | −0.019% | $77K | $260K | 5x | as long as short |
BingX KSM-USDT
Extended KSM-USD