Funding you earn now, next payment 16:00 UTC−0.0009%/8h= −1.0% APRnext payment −$0.09 per $10,000 · paid last 24h −0.004%
Price spread now: BloFin against KuCoin−0.022%7-day average −0.074% · you buy dearer than you sell
Net, funding: paid 7d − costs−$543as in the Funding arb table
Net, price: spread back to 7d avg − costs−$520as in the Price arb table
costs, in and out, $10k−$5255.248% of the position
Funding, last 7 days−0.187%−$19 on $10k
+Price spread, last 4 days (all we have)−0.165%−$16 · spread now −0.022%, 7d avg −0.074%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BloFin is 0.052% dearer against KuCoin than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.074%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin KSMUSDTM | 4.5900 | 0.0100 | pay 0.0100% / 8h | 5h 45m | $503K | $23K | 30x |
| Short | BloFin KSM-USDT | 4.5890 | 0.0091 | get 0.0091% / 8h | 5h 45m | $110K | $18K | 50x |
KuCoin KSMUSDTM
BloFin KSM-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$1.91
- Price spread: −0.022% → −0.074%
- $5.19
- Slippage, 4 orders
- −$500.76
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$521.48
- Costs to cover
- 5.248%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 60 min ago; BloFin: live order book, 57 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, 60 min ago | 22.78 bp | 157.3 bp −$157 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 57 min ago | 3.26 bp | 21.9 bp −$22 | 57.1 bp −$571 | doesn't fit | doesn't fit |
KSM on 12 exchanges
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 | −0.0461% | 1h | 4.5967 | +0.147% | $37K | $995 | 20x | as long as short |
| Variational Omni KSM | −0.0328% | 8h | 4.5813 | −0.189% | $451K | $25K | — | as long as short |
| OKX KSM-USDT-SWAP | −0.0028% | 4h | 4.5860 | −0.087% | $757K | $561K | 20x | as long as short |
| Bybit KSMUSDT | +0.0065% | 8h | 4.5850 | −0.109% | $2.1M | $601K | 50x | as long as short |
| BloFin KSM-USDTshort | +0.0091% | 8h | 4.5890 | −0.022% | $110K | $18K | 50x | |
| Binance KSMUSDT | +0.0100% | 8h | 4.5888 | −0.026% | $2.0M | $2.3M | 50x | as long as short |
| Gate KSM_USDT | +0.0100% | 8h | 4.5880 | −0.044% | $83K | $27K | 33x | as long as short |
| MEXC KSM_USDT | +0.0100% | 8h | 4.5890 | −0.022% | $724K | $195K | 20x | as long as short |
| KuCoin KSMUSDTMlong | +0.0100% | 8h | 4.5900 | long leg | $503K | $23K | 30x | |
| Bitget KSMUSDT | +0.0100% | 8h | 4.5970 | +0.153% | $482K | $164K | 50x | as long as short |
Kraken Futures PF_KSMUSD
Variational Omni KSM
OKX KSM-USDT-SWAP
Bybit KSMUSDT
Binance KSMUSDT
Gate KSM_USDT
MEXC KSM_USDT
Bitget KSMUSDTShow all 12 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX KSM-USDT | +0.0100% | 8h | 4.5860 | −0.087% | — | $2.3M | — | as long as short |
| Extended KSM-USD | +0.0104% | 1h | 4.5886 | −0.031% | $80K | $467K | 5x | as long as short |
BingX KSM-USDT
Extended KSM-USD