Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against Bybit+0.086%7-day average +0.061% · you sell dearer than you buy
Net, funding: paid 7d − costs−$112as in the Funding arb table
Net, price: spread back to 7d avg − costs−$107as in the Price arb table
costs, in and out, $10k−$1101.098% of the position
Funding, last 7 days−0.019%−$2 on $10k
+Price spread, last 7 days−0.044%−$4 · spread now +0.086%, 7d avg +0.061%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.025% dearer against Bybit than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.061%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit KSMUSDT | 4.6350 | 0.0100 | pay 0.0100% / 8h | 4h 19m | $2.2M | $675K | 50x |
| Short | BingX KSM-USDT | 4.6390 | 0.0100 | get 0.0100% / 8h | 4h 19m | — | $2.4M | — |
Bybit KSMUSDT
BingX KSM-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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: +0.086% → +0.061%
- $2.54
- Slippage, 4 orders
- −$88.77
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$107.22
- Costs to cover
- 1.098%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 3 min ago; BingX: live order book, 14 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, 3 min ago | 5.39 bp | 33.5 bp −$33 | 145.4 bp −$1,454 | doesn't fit | doesn't fit |
| Sell BingX live order book, 14 min ago | 6.51 bp | 26.9 bp −$27 | 58.5 bp −$585 | 520.5 bp −$52.1K | 986.3 bp −$493.2K |
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 | −0.0288% | 1h | 4.6466 | +0.250% | $37K | $1K | 20x | as long as short |
| Variational Omni KSM | −0.0258% | 8h | 4.6326 | −0.051% | $457K | $38K | — | as long as short |
| OKX KSM-USDT-SWAP | −0.0164% | 4h | 4.6350 | 0.000% | $756K | $649K | 20x | as long as short |
| Binance KSMUSDT | +0.0100% | 8h | 4.6380 | +0.065% | $2.0M | $2.8M | 50x | as long as short |
| Bybit KSMUSDTlong | +0.0100% | 8h | 4.6350 | long leg | $2.2M | $675K | 50x | |
| Gate KSM_USDT | +0.0100% | 8h | 4.6470 | +0.259% | $86K | $40K | 33x | as long as short |
| MEXC KSM_USDT | +0.0100% | 8h | 4.6400 | +0.108% | $749K | $243K | 20x | as long as short |
| KuCoin KSMUSDTM | +0.0100% | 8h | 4.6440 | +0.194% | $518K | $38K | 30x | as long as short |
| Bitget KSMUSDT | +0.0100% | 8h | 4.6380 | +0.065% | $487K | $218K | 50x | as long as short |
| BingX KSM-USDTshort | +0.0100% | 8h | 4.6390 | +0.086% | — | $2.4M | — |
Kraken Futures PF_KSMUSD
Variational Omni KSM
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 | |
|---|---|---|---|---|---|---|---|---|
| Extended KSM-USD | +0.0104% | 1h | 4.6368 | +0.038% | $78K | $319K | 5x | as long as short |
| BloFin KSM-USDT | +0.0119% | 8h | 4.6400 | +0.108% | $112K | $18K | 50x | as long as short |
Extended KSM-USD
BloFin KSM-USDT