Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against BingX−0.087%7-day average −0.060% · you buy dearer than you sell
Net, funding: paid 7d − costs−$102as in the Funding arb table
Net, price: spread back to 7d avg − costs−$107as in the Price arb table
costs, in and out, $10k−$1041.038% of the position
Funding, last 7 days+0.019%+$2 on $10k
+Price spread, last 7 days+0.079%+$8 · spread now −0.087%, 7d avg −0.060%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.027% cheaper against BingX than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.060%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX KSM-USDT | 4.5780 | 0.0100 | pay 0.0100% / 8h | 2h 33m | — | $2.4M | — |
| Short | Bybit KSMUSDT | 4.5740 | 0.0100 | get 0.0100% / 8h | 2h 33m | $2.2M | $671K | 50x |
BingX KSM-USDT
Bybit KSMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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: −0.087% → −0.060%
- −$2.7
- Slippage, 4 orders
- −$82.83
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$106.53
- Costs to cover
- 1.038%
- Break-even
- never at this rate
Slippage from BingX: live order book, 10 min ago; Bybit: live order book, 8 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, 10 min ago | 5.44 bp | 23.1 bp −$23 | 51.1 bp −$511 | 790.4 bp −$79.0K | 1244.3 bp −$622.2K |
| Sell Bybit live order book, 8 min ago | 4.36 bp | 26.7 bp −$27 | 147.9 bp −$1,479 | 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 | −0.0492% | 1h | 4.5836 | +0.122% | $37K | $1K | 20x | as long as short |
| OKX KSM-USDT-SWAP | −0.0461% | 4h | 4.5720 | −0.131% | $753K | $627K | 20x | as long as short |
| Variational Omni KSM | −0.0388% | 8h | 4.5773 | −0.015% | $451K | $38K | — | as long as short |
| Binance KSMUSDT | +0.0100% | 8h | 4.5725 | −0.121% | $2.0M | $2.7M | 50x | as long as short |
| Bybit KSMUSDTshort | +0.0100% | 8h | 4.5740 | −0.087% | $2.2M | $671K | 50x | |
| Gate KSM_USDT | +0.0100% | 8h | 4.5800 | +0.044% | $84K | $37K | 33x | as long as short |
| MEXC KSM_USDT | +0.0100% | 8h | 4.5730 | −0.109% | $730K | $240K | 20x | as long as short |
| KuCoin KSMUSDTM | +0.0100% | 8h | 4.5810 | +0.066% | $506K | $32K | 30x | as long as short |
| Bitget KSMUSDT | +0.0100% | 8h | 4.5810 | +0.066% | $480K | $209K | 50x | as long as short |
| BingX KSM-USDTlong | +0.0100% | 8h | 4.5780 | long leg | — | $2.4M | — |
Kraken Futures PF_KSMUSD
OKX KSM-USDT-SWAP
Variational Omni KSM
Binance 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 | 4.5721 | −0.128% | $77K | $425K | 5x | as long as short |
| BloFin KSM-USDT | +0.0125% | 8h | 4.5660 | −0.262% | $110K | $18K | 50x | as long as short |
Extended KSM-USD
BloFin KSM-USDT