Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.045%
Price spread now: KuCoin against Bitget−0.065%7-day average +0.060% · you buy dearer than you sell
Net, funding: paid 7d − costs−$536as in the Funding arb table
Net, price: spread back to 7d avg − costs−$562as in the Price arb table
costs, in and out, $10k−$5505.497% of the position
Funding, last 7 days+0.141%+$14 on $10k
+Price spread, last 4 days (all we have)+0.134%+$13 · spread now −0.065%, 7d avg +0.060%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.125% cheaper against Bitget than usual: you would sell low and buy high, −$12 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 | Bitget KSMUSDT | 4.6190 | 0.0100 | pay 0.0100% / 8h | 1h 49m | $493K | $242K | 50x |
| Short | KuCoin KSMUSDTM | 4.6160 | 0.0100 | get 0.0100% / 8h | 1h 49m | $514K | $54K | 30x |
Bitget KSMUSDT
KuCoin KSMUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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% → +0.060%
- −$12.47
- Slippage, 4 orders
- −$525.66
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$562.13
- Costs to cover
- 5.497%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 30 min ago; KuCoin: live order book, 23 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, 30 min ago | 4.32 bp | 19.8 bp −$20 | 66.3 bp −$663 | 25895.0 bp −$2.59M | doesn't fit |
| Sell KuCoin live order book, 23 min ago | 20.57 bp | 269.3 bp −$269 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni KSM | −0.0567% | 8h | 4.6051 | −0.301% | $453K | $40K | — | as long as short |
| Kraken Futures PF_KSMUSD | −0.0429% | 1h | 4.6176 | −0.030% | $37K | $7K | 20x | as long as short |
| OKX KSM-USDT-SWAP | −0.0136% | 4h | 4.6070 | −0.260% | $757K | $660K | 20x | as long as short |
| Binance KSMUSDT | +0.0100% | 8h | 4.6082 | −0.234% | $2.0M | $2.9M | 50x | as long as short |
| Bybit KSMUSDT | +0.0100% | 8h | 4.6050 | −0.303% | $2.2M | $736K | 50x | as long as short |
| Gate KSM_USDT | +0.0100% | 8h | 4.6180 | −0.022% | $89K | $41K | 33x | as long as short |
| MEXC KSM_USDT | +0.0100% | 8h | 4.6080 | −0.238% | $720K | $249K | 20x | as long as short |
| KuCoin KSMUSDTMshort | +0.0100% | 8h | 4.6160 | −0.065% | $514K | $54K | 30x | |
| Bitget KSMUSDTlong | +0.0100% | 8h | 4.6190 | long leg | $493K | $242K | 50x | |
| BingX KSM-USDT | +0.0100% | 8h | 4.6090 | −0.216% | — | $2.4M | — | as long as short |
Variational Omni KSM
Kraken Futures PF_KSMUSD
OKX KSM-USDT-SWAP
Binance KSMUSDT
Bybit KSMUSDT
Gate KSM_USDT
MEXC KSM_USDT
BingX KSM-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended KSM-USD | +0.0104% | 1h | 4.6080 | −0.239% | $77K | $260K | 5x | as long as short |
| BloFin KSM-USDT | +0.0115% | 8h | 4.6100 | −0.195% | $113K | $19K | 50x | as long as short |
Extended KSM-USD
BloFin KSM-USDT