Funding you earn now, next payment 00:00 UTC+0.0020%/8h= +2.2% APRnext payment +$0.20 per $10,000 · paid last 24h +0.022%
Price spread now: Bybit against BloFin−0.087%7-day average −0.093% · you buy dearer than you sell
Net, funding: paid 7d − costs−$67as in the Funding arb table
Net, price: spread back to 7d avg − costs−$88as in the Price arb table
costs, in and out, $10k−$890.890% of the position
Funding, last 7 days+0.224%+$22 on $10k
+Price spread, last 3 days (all we have)+0.243%+$24 · spread now −0.087%, 7d avg −0.093%
=The price spread sits at its 7-day average of −0.093%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin KSM-USDT | 4.6050 | 0.0080 | pay 0.0080% / 8h | 1h 58m | $114K | $19K | 50x |
| Short | Bybit KSMUSDT | 4.6010 | 0.0100 | get 0.0100% / 8h | 1h 58m | $2.2M | $727K | 50x |
BloFin KSM-USDT
Bybit KSMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against BloFin. 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
- $4.23
- Price spread: −0.087% → −0.093%
- $0.66
- Slippage, 4 orders
- −$66
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$84.12
- Costs to cover
- 0.890%
- Break-even
- 146.3 days
Slippage from BloFin: live order book, 13 min ago; Bybit: live order book, 3 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 BloFin live order book, 13 min ago | 2.17 bp | 18.4 bp −$18 | 45.9 bp −$459 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 5.44 bp | 26.9 bp −$27 | 137.4 bp −$1,374 | 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 | −0.0581% | 8h | 4.5943 | −0.232% | $451K | $40K | — | as long as short |
| Kraken Futures PF_KSMUSD | −0.0430% | 1h | 4.6085 | +0.077% | $37K | $7K | 20x | as long as short |
| OKX KSM-USDT-SWAP | −0.0115% | 4h | 4.5990 | −0.130% | $756K | $660K | 20x | as long as short |
| BloFin KSM-USDTlong | +0.0080% | 8h | 4.6050 | long leg | $114K | $19K | 50x | |
| Binance KSMUSDT | +0.0100% | 8h | 4.6050 | 0.000% | $2.0M | $3.0M | 50x | as long as short |
| Bybit KSMUSDTshort | +0.0100% | 8h | 4.6010 | −0.087% | $2.2M | $727K | 50x | |
| Gate KSM_USDT | +0.0100% | 8h | 4.6120 | +0.152% | $89K | $41K | 33x | as long as short |
| MEXC KSM_USDT | +0.0100% | 8h | 4.6060 | +0.022% | $719K | $247K | 20x | as long as short |
| KuCoin KSMUSDTM | +0.0100% | 8h | 4.6120 | +0.152% | $514K | $54K | 30x | as long as short |
| Bitget KSMUSDT | +0.0100% | 8h | 4.6080 | +0.065% | $492K | $242K | 50x | as long as short |
Variational Omni KSM
Kraken Futures PF_KSMUSD
OKX KSM-USDT-SWAP
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 | |
|---|---|---|---|---|---|---|---|---|
| BingX KSM-USDT | +0.0100% | 8h | 4.6020 | −0.065% | — | $2.4M | — | as long as short |
| Extended KSM-USD | +0.0104% | 1h | 4.6049 | −0.001% | $76K | $260K | 5x | as long as short |
BingX KSM-USDT
Extended KSM-USD