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: MEXC against BingX+0.065%7-day average +0.033% · you sell dearer than you buy
Net, funding: paid 7d − costs−$97as in the Funding arb table
Net, price: spread back to 7d avg − costs−$74as in the Price arb table
costs, in and out, $10k−$770.771% of the position
Funding, last 7 days−0.197%−$20 on $10k
+Price spread, last 7 days−0.017%−$2 · spread now +0.065%, 7d avg +0.033%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.032% dearer against BingX than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.033%.
| 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 | 16m 34s | — | $2.3M | — |
| Short | MEXC KSM_USDT | 4.6270 | 0.0100 | get 0.0100% / 8h | 16m 34s | $729K | $248K | 20x |
BingX KSM-USDT
MEXC KSM_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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: +0.065% → +0.033%
- $3.16
- Slippage, 4 orders
- −$63.07
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$73.91
- Costs to cover
- 0.771%
- Break-even
- never at this rate
Slippage from BingX: live order book, 7 min ago; MEXC: live order book, 14 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, 7 min ago | 2.17 bp | 18.9 bp −$19 | 49.6 bp −$496 | 755.0 bp −$75.5K | 1207.0 bp −$603.5K |
| Sell MEXC live order book, 14 min ago | 2.16 bp | 12.1 bp −$12 | 67.2 bp −$672 | 443.7 bp −$44.4K | 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 | −0.0392% | 1h | 4.6307 | +0.145% | $37K | $994 | 20x | as long as short |
| Variational Omni KSM | −0.0234% | 8h | 4.6112 | −0.277% | $454K | $37K | — | as long as short |
| OKX KSM-USDT-SWAP | +0.0040% | 4h | 4.6250 | +0.022% | $767K | $629K | 20x | as long as short |
| Binance KSMUSDT | +0.0100% | 8h | 4.6315 | +0.163% | $2.0M | $2.7M | 50x | as long as short |
| Bybit KSMUSDT | +0.0100% | 8h | 4.6250 | +0.022% | $2.2M | $688K | 50x | as long as short |
| Gate KSM_USDT | +0.0100% | 8h | 4.6250 | +0.022% | $85K | $31K | 33x | as long as short |
| MEXC KSM_USDTshort | +0.0100% | 8h | 4.6270 | +0.065% | $729K | $248K | 20x | |
| KuCoin KSMUSDTM | +0.0100% | 8h | 4.6250 | +0.022% | $511K | $29K | 30x | as long as short |
| Bitget KSMUSDT | +0.0100% | 8h | 4.6280 | +0.087% | $481K | $182K | 50x | as long as short |
| BingX KSM-USDTlong | +0.0100% | 8h | 4.6240 | long leg | — | $2.3M | — |
Kraken Futures PF_KSMUSD
Variational Omni KSM
OKX KSM-USDT-SWAP
Binance KSMUSDT
Bybit KSMUSDT
Gate KSM_USDT
KuCoin KSMUSDTM
Bitget KSMUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended KSM-USD | +0.0104% | 1h | 4.6248 | +0.016% | $78K | $456K | 5x | as long as short |
| BloFin KSM-USDT | +0.0109% | 8h | 4.6220 | −0.043% | $111K | $18K | 50x | as long as short |
Extended KSM-USD
BloFin KSM-USDT