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 BingX+0.018%7-day average +0.038% · you sell dearer than you buy
Net, funding: paid 7d − costs−$114as in the Funding arb table
Net, price: spread back to 7d avg − costs−$96as in the Price arb table
costs, in and out, $10k−$940.940% of the position
Funding, last 7 days−0.197%−$20 on $10k
+Price spread, last 7 days+0.012%+$1 · spread now +0.018%, 7d avg +0.038%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.020% cheaper against BingX than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.038%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX KSM-USDT | 4.6240 | 0.0100 | pay 0.0100% / 8h | 1h 57m | — | $2.4M | — |
| Short | Binance KSMUSDT | 4.6248 | 0.0100 | get 0.0100% / 8h | 1h 57m | $2.0M | $2.8M | 50x |
BingX KSM-USDT
Binance KSMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BingX. 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: +0.018% → +0.038%
- −$2
- Slippage, 4 orders
- −$73.95
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$95.96
- Costs to cover
- 0.940%
- Break-even
- never at this rate
Slippage from BingX: live order book, 6 min ago; Binance: live order book, 7 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 BingX live order book, 6 min ago | 7.59 bp | 25.1 bp −$25 | 55.8 bp −$558 | 897.2 bp −$89.7K | 1303.0 bp −$651.5K |
| Sell Binance live order book, 7 min ago | 2.17 bp | 25.6 bp −$26 | 79.4 bp −$794 | 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 | 4.6341 | +0.219% | $37K | $1K | 20x | as long as short |
| Variational Omni KSM | −0.0391% | 8h | 4.6046 | −0.419% | $455K | $37K | — | as long as short |
| OKX KSM-USDT-SWAP | −0.0316% | 4h | 4.6210 | −0.065% | $766K | $650K | 20x | as long as short |
| BloFin KSM-USDT | +0.0078% | 8h | 4.6150 | −0.195% | $109K | $18K | 50x | as long as short |
| Binance KSMUSDTshort | +0.0100% | 8h | 4.6248 | +0.018% | $2.0M | $2.8M | 50x | |
| Bybit KSMUSDT | +0.0100% | 8h | 4.6220 | −0.043% | $2.2M | $710K | 50x | as long as short |
| Gate KSM_USDT | +0.0100% | 8h | 4.6280 | +0.087% | $84K | $35K | 33x | as long as short |
| MEXC KSM_USDT | +0.0100% | 8h | 4.6270 | +0.065% | $732K | $239K | 20x | as long as short |
| KuCoin KSMUSDTM | +0.0100% | 8h | 4.6260 | +0.043% | $511K | $32K | 30x | as long as short |
| Bitget KSMUSDT | +0.0100% | 8h | 4.6260 | +0.043% | $483K | $200K | 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
KuCoin KSMUSDTM
Bitget KSMUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX KSM-USDTlong | +0.0100% | 8h | 4.6240 | long leg | — | $2.4M | — | |
| Extended KSM-USD | +0.0104% | 1h | 4.6250 | +0.022% | $77K | $424K | 5x | as long as short |
Extended KSM-USD