Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.083%
Price spread now: OKX against Bybit−0.130%7-day average +0.058% · you buy dearer than you sell
Net, funding: paid 7d − costs−$177as in the Funding arb table
Net, price: spread back to 7d avg − costs−$138as in the Price arb table
costs, in and out, $10k−$1191.195% of the position
Funding, last 7 days−0.572%−$57 on $10k
+Price spread, last 7 days+0.138%+$14 · spread now −0.130%, 7d avg +0.058%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.187% cheaper against Bybit than usual: you would sell low and buy high, −$19 on $10k if it goes back to its 7-day average of +0.058%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit KSMUSDT | 4.6320 | 0.0100 | pay 0.0100% / 8h | 5m 23s | $2.2M | $679K | 50x |
| Short | OKX KSM-USDT-SWAP | 4.6260 | 0.0100 | get 0.0050% / 4h | 5m 23s | $768K | $629K | 20x |
Bybit KSMUSDT
OKX KSM-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: −0.130% → +0.058%
- −$18.74
- Slippage, 4 orders
- −$98.45
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$138.19
- Costs to cover
- 1.195%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 1 min ago; OKX: live order book, 31 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, 1 min ago | 4.32 bp | 30.9 bp −$31 | 141.5 bp −$1,415 | doesn't fit | doesn't fit |
| Sell OKX live order book, 31 min ago | 2.16 bp | 29.7 bp −$30 | 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 | −0.0392% | 1h | 4.6365 | +0.096% | $37K | $994 | 20x | as long as short |
| Variational Omni KSM | −0.0193% | 8h | 4.6274 | −0.100% | $456K | $34K | — | as long as short |
| BloFin KSM-USDT | +0.0081% | 8h | 4.6340 | +0.043% | $110K | $18K | 50x | as long as short |
| Binance KSMUSDT | +0.0100% | 8h | 4.6330 | +0.022% | $2.0M | $2.6M | 50x | as long as short |
| Bybit KSMUSDTlong | +0.0100% | 8h | 4.6320 | long leg | $2.2M | $679K | 50x | |
| OKX KSM-USDT-SWAPshort | +0.0100% | 4h | 4.6260 | −0.130% | $768K | $629K | 20x | |
| Gate KSM_USDT | +0.0100% | 8h | 4.6350 | +0.065% | $85K | $31K | 33x | as long as short |
| MEXC KSM_USDT | +0.0100% | 8h | 4.6320 | 0.000% | $730K | $248K | 20x | as long as short |
| KuCoin KSMUSDTM | +0.0100% | 8h | 4.6410 | +0.194% | $513K | $29K | 30x | as long as short |
| Bitget KSMUSDT | +0.0100% | 8h | 4.6310 | −0.022% | $482K | $182K | 50x | as long as short |
Kraken Futures PF_KSMUSD
Variational Omni KSM
BloFin KSM-USDT
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 | |
|---|---|---|---|---|---|---|---|---|
| BingX KSM-USDT | +0.0100% | 8h | 4.6300 | −0.043% | — | $2.3M | — | as long as short |
| Extended KSM-USD | +0.0104% | 1h | 4.6307 | −0.027% | $78K | $456K | 5x | as long as short |
BingX KSM-USDT
Extended KSM-USD