Funding you earn now, next payment 08:00 UTC+0.0006%/8h= +0.6% APRnext payment +$0.06 per $10,000 · paid last 24h +0.010%
Price spread now: KuCoin against BloFin−0.151%7-day average +0.076% · you buy dearer than you sell
Net, funding: paid 7d − costs−$814as in the Funding arb table
Net, price: spread back to 7d avg − costs−$855as in the Price arb table
costs, in and out, $10k−$8338.327% of the position
Funding, last 7 days+0.188%+$19 on $10k
+Price spread, last 4 days (all we have)+0.289%+$29 · spread now −0.151%, 7d avg +0.076%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.227% cheaper against BloFin than usual: you would sell low and buy high, −$23 on $10k if it goes back to its 7-day average of +0.076%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin KSM-USDT | 4.6340 | 0.0094 | pay 0.0094% / 8h | 8m 36s | $110K | $18K | 50x |
| Short | KuCoin KSMUSDTM | 4.6270 | 0.0100 | get 0.0100% / 8h | 8m 36s | $511K | $29K | 30x |
BloFin KSM-USDT
KuCoin KSMUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $1.21
- Price spread: −0.151% → +0.076%
- −$22.72
- Slippage, 4 orders
- −$808.66
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$854.16
- Costs to cover
- 8.327%
- Break-even
- 4957.8 days
Slippage from BloFin: live order book, 53 min ago; KuCoin: live order book, 25 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, 53 min ago | 3.24 bp | 17.7 bp −$18 | 46.5 bp −$465 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 25 min ago | 18.32 bp | 550.7 bp −$551 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_KSMUSD | −0.0392% | 1h | 4.6368 | +0.061% | $37K | $994 | 20x | as long as short |
| Variational Omni KSM | −0.0208% | 8h | 4.6234 | −0.228% | $454K | $36K | — | as long as short |
| BloFin KSM-USDTlong | +0.0094% | 8h | 4.6340 | long leg | $110K | $18K | 50x | |
| Binance KSMUSDT | +0.0100% | 8h | 4.6310 | −0.065% | $2.0M | $2.6M | 50x | as long as short |
| Bybit KSMUSDT | +0.0100% | 8h | 4.6280 | −0.129% | $2.2M | $681K | 50x | as long as short |
| OKX KSM-USDT-SWAP | +0.0100% | 4h | 4.6260 | −0.173% | $768K | $629K | 20x | as long as short |
| Gate KSM_USDT | +0.0100% | 8h | 4.6320 | −0.043% | $85K | $31K | 33x | as long as short |
| MEXC KSM_USDT | +0.0100% | 8h | 4.6310 | −0.065% | $730K | $248K | 20x | as long as short |
| KuCoin KSMUSDTMshort | +0.0100% | 8h | 4.6270 | −0.151% | $511K | $29K | 30x | |
| Bitget KSMUSDT | +0.0100% | 8h | 4.6270 | −0.151% | $481K | $182K | 50x | as long as short |
Kraken Futures PF_KSMUSD
Variational Omni KSM
Binance KSMUSDT
Bybit KSMUSDT
OKX KSM-USDT-SWAP
Gate KSM_USDT
MEXC KSM_USDT
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 | 4.6300 | −0.086% | — | $2.3M | — | as long as short |
| Extended KSM-USD | +0.0104% | 1h | 4.6302 | −0.082% | $78K | $456K | 5x | as long as short |
BingX KSM-USDT
Extended KSM-USD