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: MEXC against Bybit+0.065%7-day average +0.094% · 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−$87as in the Price arb table
costs, in and out, $10k−$840.838% of the position
Funding, last 7 days−0.216%−$22 on $10k
+Price spread, last 7 days+0.011%+$1 · spread now +0.065%, 7d avg +0.094%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.029% cheaper against Bybit than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.094%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit KSMUSDT | 4.6220 | 0.0100 | pay 0.0100% / 8h | 6h 17m | $2.2M | $699K | 50x |
| Short | MEXC KSM_USDT | 4.6250 | 0.0100 | get 0.0100% / 8h | 6h 17m | $749K | $249K | 20x |
Bybit KSMUSDT
MEXC KSM_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Bybit. 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: +0.065% → +0.094%
- −$2.94
- Slippage, 4 orders
- −$68.75
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$86.69
- Costs to cover
- 0.838%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 4 min ago; MEXC: live order book, 43 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 Bybit live order book, 4 min ago | 4.32 bp | 28.7 bp −$29 | 144.0 bp −$1,440 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 43 min ago | 4.33 bp | 14.2 bp −$14 | 46.5 bp −$465 | 438.6 bp −$43.9K | doesn't fit |
KSM on 11 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 | −0.0651% | 1h | 4.6393 | +0.375% | $37K | $5K | 20x | as long as short |
| Variational Omni KSM | −0.0365% | 8h | 4.6296 | +0.165% | $456K | $41K | — | as long as short |
| OKX KSM-USDT-SWAP | +0.0095% | 4h | 4.6240 | +0.043% | $756K | $670K | 20x | as long as short |
| Binance KSMUSDT | +0.0100% | 8h | 4.6210 | −0.022% | $2.0M | $2.9M | 50x | as long as short |
| Bybit KSMUSDTlong | +0.0100% | 8h | 4.6220 | long leg | $2.2M | $699K | 50x | |
| Gate KSM_USDT | +0.0100% | 8h | 4.6370 | +0.325% | $88K | $38K | 33x | as long as short |
| MEXC KSM_USDTshort | +0.0100% | 8h | 4.6250 | +0.065% | $749K | $249K | 20x | |
| KuCoin KSMUSDTM | +0.0100% | 8h | 4.6300 | +0.173% | $518K | $49K | 30x | as long as short |
| Bitget KSMUSDT | +0.0100% | 8h | 4.6320 | +0.216% | $494K | $230K | 50x | as long as short |
| BingX KSM-USDT | +0.0100% | 8h | 4.6280 | +0.130% | — | $2.4M | — | as long as short |
Kraken Futures PF_KSMUSD
Variational Omni KSM
OKX KSM-USDT-SWAP
Binance KSMUSDT
Gate KSM_USDT
KuCoin KSMUSDTM
Bitget KSMUSDT
BingX KSM-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended KSM-USD | +0.0104% | 1h | 4.6268 | +0.103% | $78K | $324K | 5x | as long as short |
Extended KSM-USD