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: Binance against Bitget−0.065%7-day average −0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$107as in the Funding arb table
Net, price: spread back to 7d avg − costs−$109as in the Price arb table
costs, in and out, $10k−$1031.030% of the position
Funding, last 7 days−0.045%−$4 on $10k
+Price spread, last 7 days+0.017%+$2 · spread now −0.065%, 7d avg −0.007%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.058% cheaper against Bitget than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of −0.007%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget KSMUSDT | 4.6440 | 0.0100 | pay 0.0100% / 8h | 39m 57s | $484K | $185K | 50x |
| Short | Binance KSMUSDT | 4.6410 | 0.0100 | get 0.0100% / 8h | 39m 57s | $2.0M | $2.7M | 50x |
Bitget KSMUSDT
Binance KSMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bitget. 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% → −0.007%
- −$5.81
- Slippage, 4 orders
- −$81.02
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$108.82
- Costs to cover
- 1.030%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 60 min ago; Binance: live order book, 10 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 Bitget live order book, 60 min ago | 7.61 bp | 30.1 bp −$30 | 72.3 bp −$723 | 24958.4 bp −$2.50M | doesn't fit |
| Sell Binance live order book, 10 min ago | 2.16 bp | 24.8 bp −$25 | 77.5 bp −$775 | 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 | −0.0391% | 1h | 4.6468 | +0.061% | $37K | $1K | 20x | as long as short |
| Variational Omni KSM | −0.0246% | 8h | 4.6426 | −0.030% | $457K | $37K | — | as long as short |
| OKX KSM-USDT-SWAP | +0.0058% | 4h | 4.6410 | −0.065% | $770K | $638K | 20x | as long as short |
| BloFin KSM-USDT | +0.0100% | 8h | 4.6510 | +0.151% | $111K | $18K | 50x | as long as short |
| Binance KSMUSDTshort | +0.0100% | 8h | 4.6410 | −0.065% | $2.0M | $2.7M | 50x | |
| Bybit KSMUSDT | +0.0100% | 8h | 4.6410 | −0.065% | $2.2M | $708K | 50x | as long as short |
| Gate KSM_USDT | +0.0100% | 8h | 4.6490 | +0.108% | $85K | $31K | 33x | as long as short |
| MEXC KSM_USDT | +0.0100% | 8h | 4.6430 | −0.022% | $732K | $246K | 20x | as long as short |
| KuCoin KSMUSDTM | +0.0100% | 8h | 4.6460 | +0.043% | $513K | $31K | 30x | as long as short |
| Bitget KSMUSDTlong | +0.0100% | 8h | 4.6440 | long leg | $484K | $185K | 50x |
Kraken Futures PF_KSMUSD
Variational Omni KSM
OKX KSM-USDT-SWAP
BloFin KSM-USDT
Bybit KSMUSDT
Gate KSM_USDT
MEXC KSM_USDT
KuCoin KSMUSDTMShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX KSM-USDT | +0.0100% | 8h | 4.6470 | +0.065% | — | $2.4M | — | as long as short |
| Extended KSM-USD | +0.0104% | 1h | 4.6406 | −0.073% | $79K | $463K | 5x | as long as short |
BingX KSM-USDT
Extended KSM-USD