Funding you earn now, next payment 08:00 UTC−0.0014%/8h= −1.6% APRnext payment −$0.14 per $10,000 · paid last 24h −0.010%
Price spread now: BloFin against BingX+0.022%7-day average +0.019% · you sell dearer than you buy
Net, funding: paid 7d − costs−$105as in the Funding arb table
Net, price: spread back to 7d avg − costs−$84as in the Price arb table
costs, in and out, $10k−$850.846% of the position
Funding, last 7 days−0.200%−$20 on $10k
+Price spread, last 4 days (all we have)−0.096%−$10 · spread now +0.022%, 7d avg +0.019%
=The price spread sits at its 7-day average of +0.019%, so right now this pair is about funding alone: $0 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX KSM-USDT | 4.6350 | 0.0100 | pay 0.0100% / 8h | 51m 01s | — | $2.4M | — |
| Short | BloFin KSM-USDT | 4.6360 | 0.0086 | get 0.0086% / 8h | 51m 01s | $110K | $18K | 50x |
BingX KSM-USDT
BloFin KSM-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$2.97
- Price spread: +0.022% → +0.019%
- $0.26
- Slippage, 4 orders
- −$62.55
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$87.27
- Costs to cover
- 0.846%
- Break-even
- never at this rate
Slippage from BingX: live order book, 13 min ago; BloFin: live order book, 10 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, 13 min ago | 5.40 bp | 25.4 bp −$25 | 53.0 bp −$530 | 752.1 bp −$75.2K | 1201.6 bp −$600.8K |
| Sell BloFin live order book, 10 min ago | 3.24 bp | 17.6 bp −$18 | 49.0 bp −$490 | 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 | −0.0391% | 1h | 4.6410 | +0.129% | $37K | $1K | 20x | as long as short |
| Variational Omni KSM | −0.0283% | 8h | 4.6181 | −0.364% | $455K | $37K | — | as long as short |
| OKX KSM-USDT-SWAP | +0.0004% | 4h | 4.6320 | −0.065% | $769K | $638K | 20x | as long as short |
| BloFin KSM-USDTshort | +0.0086% | 8h | 4.6360 | +0.022% | $110K | $18K | 50x | |
| Binance KSMUSDT | +0.0100% | 8h | 4.6356 | +0.012% | $2.0M | $2.7M | 50x | as long as short |
| Bybit KSMUSDT | +0.0100% | 8h | 4.6370 | +0.043% | $2.2M | $710K | 50x | as long as short |
| Gate KSM_USDT | +0.0100% | 8h | 4.6370 | +0.043% | $85K | $31K | 33x | as long as short |
| MEXC KSM_USDT | +0.0100% | 8h | 4.6360 | +0.022% | $731K | $241K | 20x | as long as short |
| KuCoin KSMUSDTM | +0.0100% | 8h | 4.6370 | +0.043% | $512K | $31K | 30x | as long as short |
| Bitget KSMUSDT | +0.0100% | 8h | 4.6340 | −0.022% | $483K | $185K | 50x | as long as short |
Kraken Futures PF_KSMUSD
Variational Omni KSM
OKX KSM-USDT-SWAP
Binance KSMUSDT
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-USDTlong | +0.0100% | 8h | 4.6350 | long leg | — | $2.4M | — | |
| Extended KSM-USD | +0.0104% | 1h | 4.6395 | +0.096% | $77K | $406K | 5x | as long as short |
Extended KSM-USD