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: Binance against BingX−0.024%7-day average +0.038% · you buy dearer than you sell
Net, funding: paid 7d − costs−$107as in the Funding arb table
Net, price: spread back to 7d avg − costs−$93as in the Price arb table
costs, in and out, $10k−$870.871% of the position
Funding, last 7 days−0.197%−$20 on $10k
+Price spread, last 7 days+0.054%+$5 · spread now −0.024%, 7d avg +0.038%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.062% cheaper against BingX than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.038%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX KSM-USDT | 4.6230 | 0.0100 | pay 0.0100% / 8h | 6h 45m | — | $2.4M | — |
| Short | Binance KSMUSDT | 4.6219 | 0.0100 | get 0.0100% / 8h | 6h 45m | $2.0M | $2.9M | 50x |
BingX KSM-USDT
Binance KSMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BingX. 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: −0.024% → +0.038%
- −$6.18
- Slippage, 4 orders
- −$67.08
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$93.26
- Costs to cover
- 0.871%
- Break-even
- never at this rate
Slippage from BingX: live order book, 3 min ago; Binance: 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 BingX live order book, 3 min ago | 5.41 bp | 19.8 bp −$20 | 51.8 bp −$518 | 789.1 bp −$78.9K | 1236.3 bp −$618.2K |
| Sell Binance live order book, 5 min ago | 3.24 bp | 23.7 bp −$24 | 70.1 bp −$701 | 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 | −0.0652% | 1h | 4.6279 | +0.106% | $37K | $5K | 20x | as long as short |
| Variational Omni KSM | −0.0414% | 8h | 4.6138 | −0.199% | $454K | $41K | — | as long as short |
| OKX KSM-USDT-SWAP | −0.0066% | 4h | 4.6170 | −0.130% | $756K | $678K | 20x | as long as short |
| Binance KSMUSDTshort | +0.0100% | 8h | 4.6219 | −0.024% | $2.0M | $2.9M | 50x | |
| Bybit KSMUSDT | +0.0100% | 8h | 4.6140 | −0.195% | $2.2M | $704K | 50x | as long as short |
| Gate KSM_USDT | +0.0100% | 8h | 4.6250 | +0.043% | $89K | $38K | 33x | as long as short |
| MEXC KSM_USDT | +0.0100% | 8h | 4.6200 | −0.065% | $748K | $245K | 20x | as long as short |
| KuCoin KSMUSDTM | +0.0100% | 8h | 4.6190 | −0.087% | $516K | $49K | 30x | as long as short |
| Bitget KSMUSDT | +0.0100% | 8h | 4.6200 | −0.065% | $494K | $230K | 50x | as long as short |
| BingX KSM-USDTlong | +0.0100% | 8h | 4.6230 | long leg | — | $2.4M | — |
Kraken Futures PF_KSMUSD
Variational Omni KSM
OKX KSM-USDT-SWAP
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 | |
|---|---|---|---|---|---|---|---|---|
| Extended KSM-USD | +0.0104% | 1h | 4.6200 | −0.064% | $77K | $326K | 5x | as long as short |
| BloFin KSM-USDT | +0.0125% | 8h | 4.6170 | −0.130% | $112K | $19K | 50x | as long as short |
Extended KSM-USD
BloFin KSM-USDT