Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against BingX−0.087%7-day average −0.060% · you buy dearer than you sell
Net, funding: paid 7d − costs−$108as in the Funding arb table
Net, price: spread back to 7d avg − costs−$113as in the Price arb table
costs, in and out, $10k−$1101.103% of the position
Funding, last 7 days+0.019%+$2 on $10k
+Price spread, last 7 days+0.078%+$8 · spread now −0.087%, 7d avg −0.060%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.027% cheaper against BingX than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.060%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX KSM-USDT | 4.6060 | 0.0100 | pay 0.0100% / 8h | 2h 52m | — | $2.4M | — |
| Short | Bybit KSMUSDT | 4.6020 | 0.0100 | get 0.0100% / 8h | 2h 52m | $2.2M | $662K | 50x |
BingX KSM-USDT
Bybit KSMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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: −0.087% → −0.060%
- −$2.67
- Slippage, 4 orders
- −$89.34
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$113.01
- Costs to cover
- 1.103%
- Break-even
- never at this rate
Slippage from BingX: live order book, 11 min ago; Bybit: live order book, 4 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, 11 min ago | 6.53 bp | 21.5 bp −$21 | 52.2 bp −$522 | 784.5 bp −$78.4K | 1258.0 bp −$629.0K |
| Sell Bybit live order book, 4 min ago | 3.26 bp | 28.9 bp −$29 | 151.9 bp −$1,519 | 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 | −0.0489% | 1h | 4.6133 | +0.158% | $37K | $1K | 20x | as long as short |
| OKX KSM-USDT-SWAP | −0.0478% | 4h | 4.6060 | 0.000% | $755K | $627K | 20x | as long as short |
| Variational Omni KSM | −0.0363% | 8h | 4.5992 | −0.148% | $453K | $38K | — | as long as short |
| Binance KSMUSDT | +0.0100% | 8h | 4.6100 | +0.087% | $2.0M | $2.7M | 50x | as long as short |
| Bybit KSMUSDTshort | +0.0100% | 8h | 4.6020 | −0.087% | $2.2M | $662K | 50x | |
| Gate KSM_USDT | +0.0100% | 8h | 4.6100 | +0.087% | $85K | $37K | 33x | as long as short |
| MEXC KSM_USDT | +0.0100% | 8h | 4.6070 | +0.022% | $739K | $238K | 20x | as long as short |
| KuCoin KSMUSDTM | +0.0100% | 8h | 4.6080 | +0.043% | $510K | $33K | 30x | as long as short |
| Bitget KSMUSDT | +0.0100% | 8h | 4.6110 | +0.109% | $483K | $209K | 50x | as long as short |
| BingX KSM-USDTlong | +0.0100% | 8h | 4.6060 | long leg | — | $2.4M | — |
Kraken Futures PF_KSMUSD
OKX KSM-USDT-SWAP
Variational Omni KSM
Binance 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin KSM-USDT | +0.0101% | 8h | 4.6050 | −0.022% | $111K | $18K | 50x | as long as short |
| Extended KSM-USD | +0.0104% | 1h | 4.6057 | −0.006% | $77K | $420K | 5x | as long as short |
BloFin KSM-USDT
Extended KSM-USD