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: KuCoin against Binance+0.065%7-day average +0.048% · you sell dearer than you buy
Net, funding: paid 7d − costs−$837as in the Funding arb table
Net, price: spread back to 7d avg − costs−$853as in the Price arb table
costs, in and out, $10k−$8558.551% of the position
Funding, last 7 days+0.185%+$19 on $10k
+Price spread, last 4 days (all we have)−0.494%−$49 · spread now +0.065%, 7d avg +0.048%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance KSMUSDT | 4.6320 | 0.0100 | pay 0.0100% / 8h | 5h 28m | $2.0M | $2.8M | 50x |
| Short | KuCoin KSMUSDTM | 4.6350 | 0.0100 | get 0.0100% / 8h | 5h 28m | $519K | $50K | 30x |
Binance KSMUSDT
KuCoin KSMUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Binance. 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%
- $1.64
- Slippage, 4 orders
- −$833.13
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$853.48
- Costs to cover
- 8.551%
- Break-even
- never at this rate
Slippage from Binance: live order book, 7 min ago; KuCoin: live order book, 69 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 Binance live order book, 7 min ago | 2.16 bp | 23.7 bp −$24 | 67.5 bp −$675 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 69 min ago | 22.69 bp | 275.0 bp −$275 | 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 | −0.0686% | 1h | 4.6374 | +0.117% | $37K | $1K | 20x | as long as short |
| Variational Omni KSM | −0.0298% | 8h | 4.6276 | −0.096% | $455K | $38K | — | as long as short |
| OKX KSM-USDT-SWAP | +0.0053% | 4h | 4.6260 | −0.130% | $755K | $663K | 20x | as long as short |
| BloFin KSM-USDT | +0.0074% | 8h | 4.6290 | −0.065% | $112K | $18K | 50x | as long as short |
| Binance KSMUSDTlong | +0.0100% | 8h | 4.6320 | long leg | $2.0M | $2.8M | 50x | |
| Bybit KSMUSDT | +0.0100% | 8h | 4.6270 | −0.108% | $2.2M | $675K | 50x | as long as short |
| Gate KSM_USDT | +0.0100% | 8h | 4.6310 | −0.022% | $88K | $38K | 33x | as long as short |
| MEXC KSM_USDT | +0.0100% | 8h | 4.6300 | −0.043% | $753K | $248K | 20x | as long as short |
| KuCoin KSMUSDTMshort | +0.0100% | 8h | 4.6350 | +0.065% | $519K | $50K | 30x | |
| Bitget KSMUSDT | +0.0100% | 8h | 4.6320 | 0.000% | $494K | $226K | 50x | as long as short |
Kraken Futures PF_KSMUSD
Variational Omni KSM
OKX KSM-USDT-SWAP
BloFin KSM-USDT
Bybit KSMUSDT
Gate KSM_USDT
MEXC KSM_USDT
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 | 4.6290 | −0.065% | — | $2.4M | — | as long as short |
| Extended KSM-USD | +0.0104% | 1h | 4.6307 | −0.028% | $82K | $315K | 5x | as long as short |
BingX KSM-USDT
Extended KSM-USD