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: KuCoin against Bybit+0.151%7-day average +0.147% · you sell dearer than you buy
Net, funding: paid 7d − costs−$653as in the Funding arb table
Net, price: spread back to 7d avg − costs−$649as in the Price arb table
costs, in and out, $10k−$6506.498% of the position
Funding, last 7 days−0.031%−$3 on $10k
+Price spread, last 4 days (all we have)−0.258%−$26 · spread now +0.151%, 7d avg +0.147%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit KSMUSDT | 4.6240 | 0.0100 | pay 0.0100% / 8h | 3h 18m | $2.2M | $663K | 50x |
| Short | KuCoin KSMUSDTM | 4.6310 | 0.0100 | get 0.0100% / 8h | 3h 18m | $516K | $33K | 30x |
Bybit KSMUSDT
KuCoin KSMUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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: +0.151% → +0.147%
- $0.43
- Slippage, 4 orders
- −$626.83
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$649.41
- Costs to cover
- 6.498%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 4 min ago; KuCoin: live order book, 55 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, 4 min ago | 4.32 bp | 28.3 bp −$28 | 164.8 bp −$1,648 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 55 min ago | 22.62 bp | 249.5 bp −$249 | 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 | −0.0526% | 1h | 4.6329 | +0.192% | $37K | $1K | 20x | as long as short |
| Variational Omni KSM | −0.0331% | 8h | 4.6242 | +0.004% | $455K | $38K | — | as long as short |
| OKX KSM-USDT-SWAP | −0.0278% | 4h | 4.6260 | +0.043% | $752K | $627K | 20x | as long as short |
| Binance KSMUSDT | +0.0100% | 8h | 4.6280 | +0.087% | $2.0M | $2.7M | 50x | as long as short |
| Bybit KSMUSDTlong | +0.0100% | 8h | 4.6240 | long leg | $2.2M | $663K | 50x | |
| Gate KSM_USDT | +0.0100% | 8h | 4.6350 | +0.238% | $87K | $41K | 33x | as long as short |
| MEXC KSM_USDT | +0.0100% | 8h | 4.6280 | +0.087% | $747K | $241K | 20x | as long as short |
| KuCoin KSMUSDTMshort | +0.0100% | 8h | 4.6310 | +0.151% | $516K | $33K | 30x | |
| Bitget KSMUSDT | +0.0100% | 8h | 4.6300 | +0.130% | $485K | $214K | 50x | as long as short |
| BingX KSM-USDT | +0.0100% | 8h | 4.6280 | +0.087% | — | $2.4M | — | as long as short |
Kraken Futures PF_KSMUSD
Variational Omni KSM
OKX KSM-USDT-SWAP
Binance KSMUSDT
Gate KSM_USDT
MEXC KSM_USDT
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 | 4.6250 | +0.023% | $78K | $314K | 5x | as long as short |
| BloFin KSM-USDT | +0.0129% | 8h | 4.6230 | −0.022% | $111K | $18K | 50x | as long as short |
Extended KSM-USD
BloFin KSM-USDT