Funding you earn now, next payment 08:00 UTC+0.0021%/8h= +2.3% APRnext payment +$0.21 per $10,000 · paid last 24h −0.010%
Price spread now: BloFin against Gate−0.087%63s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.183%−$18 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. BloFin is 0.087% cheaper against Gate than usual: you would sell low and buy high (spread −0.087% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$9 on $10k: about 14 days of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.183%, so the current rate has only just turned in your favour. The two prices were read 63 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate KSM_USDT | 4.6080 | 0.0100 | pay 0.0100% / 8h | 1h 50m | $85K | $36K | 33x |
| Short | BloFin KSM-USDT | 4.6040 | 0.0121 | get 0.0121% / 8h | 1h 50m | $110K | $18K | 50x |
Gate KSM_USDT
BloFin KSM-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Gate. 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
- $4.5
- Price spread: −0.087% → 0.000%
- −$8.68
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$31.18
- Costs to cover
- 0.270%
- Break-even
- 55.5 days
Slippage unknown: Gate: no order-book sample; BloFin: live order book, 16 min ago. Net counts fees only.
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 Gate no order-book sample | — | — | — | — | — |
| Sell BloFin live order book, 16 min ago | 2.17 bp | 25.3 bp −$25 | 62.6 bp −$626 | doesn't fit | doesn't fit |
Gate: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0702% | 1h | 4.6200 | +0.261% | $37K | $1K | 20x | as long as short |
| Variational Omni KSM | −0.0391% | 8h | 4.6032 | −0.103% | $452K | $38K | — | as long as short |
| OKX KSM-USDT-SWAP | −0.0280% | 4h | 4.6120 | +0.087% | $765K | $651K | 20x | as long as short |
| Binance KSMUSDT | +0.0100% | 8h | 4.6157 | +0.167% | $2.0M | $2.8M | 50x | as long as short |
| Bybit KSMUSDT | +0.0100% | 8h | 4.6120 | +0.087% | $2.2M | $718K | 50x | as long as short |
| Gate KSM_USDTlong | +0.0100% | 8h | 4.6080 | long leg | $85K | $36K | 33x | |
| MEXC KSM_USDT | +0.0100% | 8h | 4.6150 | +0.152% | $730K | $239K | 20x | as long as short |
| KuCoin KSMUSDTM | +0.0100% | 8h | 4.6120 | +0.087% | $509K | $32K | 30x | as long as short |
| Bitget KSMUSDT | +0.0100% | 8h | 4.6120 | +0.087% | $481K | $200K | 50x | as long as short |
| BingX KSM-USDT | +0.0100% | 8h | 4.6130 | +0.109% | — | $2.4M | — | as long as short |
Kraken Futures PF_KSMUSD
Variational Omni KSM
OKX KSM-USDT-SWAP
Binance KSMUSDT
Bybit KSMUSDT
MEXC KSM_USDT
KuCoin KSMUSDTM
Bitget KSMUSDT
BingX KSM-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended KSM-USD | +0.0104% | 1h | 4.6118 | +0.082% | $77K | $420K | 5x | as long as short |
| BloFin KSM-USDTshort | +0.0121% | 8h | 4.6040 | −0.087% | $110K | $18K | 50x |
Extended KSM-USD