Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.020%
Price spread now: BingX against Bitget−0.151%7-day average −0.043% · you buy dearer than you sell
Net, funding: paid 7d − costs−$95as in the Funding arb table
Net, price: spread back to 7d avg − costs−$121as in the Price arb table
costs, in and out, $10k−$1111.107% of the position
Funding, last 7 days+0.153%+$15 on $10k
+Price spread, last 7 days+0.091%+$9 · spread now −0.151%, 7d avg −0.043%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.108% cheaper against Bitget than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of −0.043%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget KSMUSDT | 4.6450 | 0.0100 | pay 0.0100% / 8h | 4h 24m | $487K | $218K | 50x |
| Short | BingX KSM-USDT | 4.6380 | 0.0100 | get 0.0100% / 8h | 4h 24m | — | $2.4M | — |
Bitget KSMUSDT
BingX KSM-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Bitget. 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: −0.151% → −0.043%
- −$10.8
- Slippage, 4 orders
- −$88.66
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$121.47
- Costs to cover
- 1.107%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 30 min ago; BingX: live order book, 9 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 Bitget live order book, 30 min ago | 5.42 bp | 24.2 bp −$24 | 80.3 bp −$803 | 28106.5 bp −$2.81M | doesn't fit |
| Sell BingX live order book, 9 min ago | 6.51 bp | 26.9 bp −$27 | 58.5 bp −$585 | 520.5 bp −$52.1K | 986.3 bp −$493.2K |
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 | 4.6432 | −0.038% | $37K | $1K | 20x | as long as short |
| Variational Omni KSM | −0.0246% | 8h | 4.6316 | −0.288% | $456K | $38K | — | as long as short |
| OKX KSM-USDT-SWAP | −0.0086% | 4h | 4.6410 | −0.086% | $755K | $650K | 20x | as long as short |
| BloFin KSM-USDT | +0.0089% | 8h | 4.6400 | −0.108% | $112K | $18K | 50x | as long as short |
| Binance KSMUSDT | +0.0100% | 8h | 4.6432 | −0.039% | $2.0M | $2.8M | 50x | as long as short |
| Bybit KSMUSDT | +0.0100% | 8h | 4.6410 | −0.086% | $2.2M | $678K | 50x | as long as short |
| Gate KSM_USDT | +0.0100% | 8h | 4.6430 | −0.043% | $86K | $40K | 33x | as long as short |
| MEXC KSM_USDT | +0.0100% | 8h | 4.6440 | −0.022% | $749K | $242K | 20x | as long as short |
| KuCoin KSMUSDTM | +0.0100% | 8h | 4.6400 | −0.108% | $518K | $37K | 30x | as long as short |
| Bitget KSMUSDTlong | +0.0100% | 8h | 4.6450 | long leg | $487K | $218K | 50x |
Kraken Futures PF_KSMUSD
Variational Omni KSM
OKX KSM-USDT-SWAP
BloFin KSM-USDT
Binance KSMUSDT
Bybit KSMUSDT
Gate KSM_USDT
MEXC KSM_USDT
KuCoin KSMUSDTMShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX KSM-USDTshort | +0.0100% | 8h | 4.6380 | −0.151% | — | $2.4M | — | |
| Extended KSM-USD | +0.0104% | 1h | 4.6358 | −0.199% | $77K | $319K | 5x | as long as short |
Extended KSM-USD