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: KuCoin against BingX+0.237%7-day average +0.092% · you sell dearer than you buy
Net, funding: paid 7d − costs−$635as in the Funding arb table
Net, price: spread back to 7d avg − costs−$619as in the Price arb table
costs, in and out, $10k−$6346.336% of the position
Funding, last 7 days−0.012%−$1 on $10k
+Price spread, last 4 days (all we have)−0.225%−$23 · spread now +0.237%, 7d avg +0.092%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.145% dearer against BingX than usual: you sell high and buy low, +$14 on $10k if it goes back to its 7-day average of +0.092%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX KSM-USDT | 4.6400 | 0.0100 | pay 0.0100% / 8h | 4h 12m | — | $2.4M | — |
| Short | KuCoin KSMUSDTM | 4.6510 | 0.0100 | get 0.0100% / 8h | 4h 12m | $519K | $37K | 30x |
BingX KSM-USDT
KuCoin KSMUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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: +0.237% → +0.092%
- $14.46
- Slippage, 4 orders
- −$611.63
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$619.17
- Costs to cover
- 6.336%
- Break-even
- never at this rate
Slippage from BingX: live order book, 7 min ago; KuCoin: live order book, 1 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, 7 min ago | 6.47 bp | 23.2 bp −$23 | 52.2 bp −$522 | 867.0 bp −$86.7K | 1245.5 bp −$622.7K |
| Sell KuCoin live order book, 1 min ago | 22.62 bp | 249.5 bp −$249 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_KSMUSD | −0.0288% | 1h | 4.6470 | +0.150% | $37K | $1K | 20x | as long as short |
| Variational Omni KSM | −0.0275% | 8h | 4.6347 | −0.114% | $456K | $38K | — | as long as short |
| OKX KSM-USDT-SWAP | −0.0189% | 4h | 4.6400 | 0.000% | $756K | $648K | 20x | as long as short |
| Binance KSMUSDT | +0.0100% | 8h | 4.6440 | +0.086% | $2.0M | $2.8M | 50x | as long as short |
| Bybit KSMUSDT | +0.0100% | 8h | 4.6390 | −0.022% | $2.2M | $674K | 50x | as long as short |
| Gate KSM_USDT | +0.0100% | 8h | 4.6460 | +0.129% | $86K | $40K | 33x | as long as short |
| MEXC KSM_USDT | +0.0100% | 8h | 4.6430 | +0.065% | $749K | $243K | 20x | as long as short |
| KuCoin KSMUSDTMshort | +0.0100% | 8h | 4.6510 | +0.237% | $519K | $37K | 30x | |
| Bitget KSMUSDT | +0.0100% | 8h | 4.6430 | +0.065% | $487K | $217K | 50x | as long as short |
| BingX KSM-USDTlong | +0.0100% | 8h | 4.6400 | long leg | — | $2.4M | — |
Kraken Futures PF_KSMUSD
Variational Omni KSM
OKX KSM-USDT-SWAP
Binance KSMUSDT
Bybit KSMUSDT
Gate KSM_USDT
MEXC KSM_USDT
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 | 4.6427 | +0.057% | $78K | $319K | 5x | as long as short |
| BloFin KSM-USDT | +0.0107% | 8h | 4.6400 | 0.000% | $112K | $18K | 50x | as long as short |
Extended KSM-USD
BloFin KSM-USDT