Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Bybit+0.065%7-day average +0.098% · you sell dearer than you buy
Net, funding: paid 7d − costs−$123as in the Funding arb table
Net, price: spread back to 7d avg − costs−$105as in the Price arb table
costs, in and out, $10k−$1021.015% of the position
Funding, last 7 days−0.217%−$22 on $10k
+Price spread, last 7 days−0.005%$0 · spread now +0.065%, 7d avg +0.098%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.033% cheaper against Bybit than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.098%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit KSMUSDT | 4.5970 | 0.0100 | pay 0.0100% / 8h | 7h 31m | $2.2M | $646K | 50x |
| Short | Binance KSMUSDT | 4.6000 | 0.0100 | get 0.0100% / 8h | 7h 31m | $2.0M | $2.6M | 50x |
Bybit KSMUSDT
Binance KSMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bybit. 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% → +0.098%
- −$3.28
- Slippage, 4 orders
- −$80.53
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$104.81
- Costs to cover
- 1.015%
- Break-even
- never at this rate
Slippage from Bybit: live order book, just now; Binance: live order book, 4 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 Bybit live order book, just now | 3.27 bp | 29.5 bp −$30 | 153.7 bp −$1,537 | doesn't fit | doesn't fit |
| Sell Binance live order book, 4 min ago | 2.17 bp | 21.7 bp −$22 | 71.0 bp −$710 | 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 | −0.0286% | 1h | 4.6060 | +0.197% | $37K | $994 | 20x | as long as short |
| Variational Omni KSM | −0.0170% | 8h | 4.6097 | +0.277% | $455K | $28K | — | as long as short |
| Binance KSMUSDTshort | +0.0100% | 8h | 4.6000 | +0.065% | $2.0M | $2.6M | 50x | |
| Bybit KSMUSDTlong | +0.0100% | 8h | 4.5970 | long leg | $2.2M | $646K | 50x | |
| OKX KSM-USDT-SWAP | +0.0100% | 4h | 4.5990 | +0.044% | $764K | $614K | 20x | as long as short |
| Gate KSM_USDT | +0.0100% | 8h | 4.6060 | +0.196% | $85K | $30K | 33x | as long as short |
| MEXC KSM_USDT | +0.0100% | 8h | 4.5990 | +0.044% | $725K | $245K | 20x | as long as short |
| KuCoin KSMUSDTM | +0.0100% | 8h | 4.6080 | +0.239% | $509K | $26K | 30x | as long as short |
| Bitget KSMUSDT | +0.0100% | 8h | 4.6020 | +0.109% | $478K | $178K | 50x | as long as short |
| BingX KSM-USDT | +0.0100% | 8h | 4.6050 | +0.174% | — | $2.3M | — | as long as short |
Kraken Futures PF_KSMUSD
Variational Omni KSM
OKX KSM-USDT-SWAP
Gate KSM_USDT
MEXC KSM_USDT
KuCoin KSMUSDTM
Bitget KSMUSDT
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 | 4.5978 | +0.017% | $80K | $463K | 5x | as long as short |
| BloFin KSM-USDT | +0.0117% | 8h | 4.5990 | +0.044% | $109K | $18K | 50x | as long as short |
Extended KSM-USD
BloFin KSM-USDT