Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.012%
Price spread now: Bitget against MEXC+0.173%7-day average +0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs−$80as in the Funding arb table
Net, price: spread back to 7d avg − costs−$68as in the Price arb table
costs, in and out, $10k−$840.840% of the position
Funding, last 7 days+0.044%+$4 on $10k
+Price spread, last 7 days−0.138%−$14 · spread now +0.173%, 7d avg +0.009%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.164% dearer against MEXC than usual: you sell high and buy low, +$16 on $10k if it goes back to its 7-day average of +0.009%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC KSM_USDT | 4.6240 | 0.0100 | pay 0.0100% / 8h | 1h 00m | $728K | $242K | 20x |
| Short | Bitget KSMUSDT | 4.6320 | 0.0100 | get 0.0100% / 8h | 1h 00m | $483K | $187K | 50x |
MEXC KSM_USDT
Bitget KSMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against MEXC. 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: +0.173% → +0.009%
- $16.43
- Slippage, 4 orders
- −$68
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$67.57
- Costs to cover
- 0.840%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 35 min ago; Bitget: live order book, 39 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 MEXC live order book, 35 min ago | 1.09 bp | 11.3 bp −$11 | 36.9 bp −$369 | 399.1 bp −$39.9K | doesn't fit |
| Sell Bitget live order book, 39 min ago | 7.61 bp | 29.7 bp −$30 | 92.9 bp −$929 | 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 | −0.0700% | 1h | 4.6315 | +0.162% | $37K | $1K | 20x | as long as short |
| Variational Omni KSM | −0.0286% | 8h | 4.6187 | −0.115% | $455K | $37K | — | as long as short |
| OKX KSM-USDT-SWAP | +0.0008% | 4h | 4.6260 | +0.043% | $767K | $639K | 20x | as long as short |
| Binance KSMUSDT | +0.0100% | 8h | 4.6238 | −0.004% | $2.0M | $2.7M | 50x | as long as short |
| Bybit KSMUSDT | +0.0100% | 8h | 4.6220 | −0.043% | $2.2M | $711K | 50x | as long as short |
| Gate KSM_USDT | +0.0100% | 8h | 4.6390 | +0.324% | $85K | $36K | 33x | as long as short |
| MEXC KSM_USDTlong | +0.0100% | 8h | 4.6240 | long leg | $728K | $242K | 20x | |
| KuCoin KSMUSDTM | +0.0100% | 8h | 4.6310 | +0.151% | $512K | $31K | 30x | as long as short |
| Bitget KSMUSDTshort | +0.0100% | 8h | 4.6320 | +0.173% | $483K | $187K | 50x | |
| BingX KSM-USDT | +0.0100% | 8h | 4.6280 | +0.087% | — | $2.4M | — | as long as short |
Kraken Futures PF_KSMUSD
Variational Omni KSM
OKX KSM-USDT-SWAP
Binance KSMUSDT
Bybit KSMUSDT
Gate KSM_USDT
KuCoin KSMUSDTM
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 | 4.6226 | −0.030% | $83K | $395K | 5x | as long as short |
| BloFin KSM-USDT | +0.0112% | 8h | 4.6240 | 0.000% | $110K | $18K | 50x | as long as short |
Extended KSM-USD
BloFin KSM-USDT