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: Binance against KuCoin−0.065%7-day average −0.048% · you buy dearer than you sell
Net, funding: paid 7d − costs−$624as in the Funding arb table
Net, price: spread back to 7d avg − costs−$607as in the Price arb table
costs, in and out, $10k−$6056.054% of the position
Funding, last 7 days−0.185%−$19 on $10k
+Price spread, last 4 days (all we have)+0.155%+$16 · spread now −0.065%, 7d avg −0.048%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin KSMUSDTM | 4.6160 | 0.0100 | pay 0.0100% / 8h | 6h 38m | $516K | $49K | 30x |
| Short | Binance KSMUSDT | 4.6130 | 0.0100 | get 0.0100% / 8h | 6h 38m | $2.0M | $2.9M | 50x |
KuCoin KSMUSDTM
Binance KSMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against KuCoin. 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% → −0.048%
- −$1.71
- Slippage, 4 orders
- −$583.45
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$607.16
- Costs to cover
- 6.054%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 74 min ago; Binance: live order book, 12 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 KuCoin live order book, 74 min ago | 12.94 bp | 335.0 bp −$335 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 12 min ago | 3.24 bp | 23.7 bp −$24 | 70.1 bp −$701 | 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 | −0.0654% | 1h | 4.6175 | +0.032% | $37K | $5K | 20x | as long as short |
| Variational Omni KSM | −0.0401% | 8h | 4.6113 | −0.102% | $454K | $41K | — | as long as short |
| OKX KSM-USDT-SWAP | −0.0038% | 4h | 4.6080 | −0.173% | $754K | $677K | 20x | as long as short |
| Binance KSMUSDTshort | +0.0100% | 8h | 4.6130 | −0.065% | $2.0M | $2.9M | 50x | |
| Bybit KSMUSDT | +0.0100% | 8h | 4.6160 | 0.000% | $2.2M | $703K | 50x | as long as short |
| Gate KSM_USDT | +0.0100% | 8h | 4.6140 | −0.043% | $88K | $38K | 33x | as long as short |
| MEXC KSM_USDT | +0.0100% | 8h | 4.6160 | 0.000% | $748K | $246K | 20x | as long as short |
| KuCoin KSMUSDTMlong | +0.0100% | 8h | 4.6160 | long leg | $516K | $49K | 30x | |
| Bitget KSMUSDT | +0.0100% | 8h | 4.6180 | +0.043% | $493K | $230K | 50x | as long as short |
| BingX KSM-USDT | +0.0100% | 8h | 4.6070 | −0.195% | — | $2.4M | — | as long as short |
Kraken Futures PF_KSMUSD
Variational Omni KSM
OKX KSM-USDT-SWAP
Bybit KSMUSDT
Gate KSM_USDT
MEXC KSM_USDT
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 | 4.6184 | +0.051% | $77K | $326K | 5x | as long as short |
| BloFin KSM-USDT | +0.0125% | 8h | 4.6170 | +0.022% | $112K | $19K | 50x | as long as short |
Extended KSM-USD
BloFin KSM-USDT