Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.008%
Price spread now: MEXC against Bybit+0.152%7-day average +0.095% · you sell dearer than you buy
Net, funding: paid 7d − costs−$102as in the Funding arb table
Net, price: spread back to 7d avg − costs−$74as in the Price arb table
costs, in and out, $10k−$800.801% of the position
Funding, last 7 days−0.216%−$22 on $10k
+Price spread, last 7 days−0.096%−$10 · spread now +0.152%, 7d avg +0.095%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.057% dearer against Bybit than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.095%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit KSMUSDT | 4.6060 | 0.0100 | pay 0.0100% / 8h | 2h 06m | $2.2M | $665K | 50x |
| Short | MEXC KSM_USDT | 4.6130 | 0.0100 | get 0.0100% / 8h | 2h 06m | $733K | $242K | 20x |
Bybit KSMUSDT
MEXC KSM_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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: +0.152% → +0.095%
- $5.67
- Slippage, 4 orders
- −$65.14
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$74.47
- Costs to cover
- 0.801%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 5 min ago; MEXC: live order book, 34 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, 5 min ago | 5.44 bp | 28.7 bp −$29 | 265.5 bp −$2,655 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 34 min ago | 1.09 bp | 13.3 bp −$13 | 80.1 bp −$801 | 447.5 bp −$44.7K | 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 | −0.0488% | 1h | 4.6191 | +0.285% | $37K | $1K | 20x | as long as short |
| Variational Omni KSM | −0.0388% | 8h | 4.5967 | −0.202% | $453K | $37K | — | as long as short |
| OKX KSM-USDT-SWAP | −0.0359% | 4h | 4.6090 | +0.065% | $761K | $644K | 20x | as long as short |
| Binance KSMUSDT | +0.0100% | 8h | 4.6130 | +0.152% | $2.0M | $2.8M | 50x | as long as short |
| Bybit KSMUSDTlong | +0.0100% | 8h | 4.6060 | long leg | $2.2M | $665K | 50x | |
| Gate KSM_USDT | +0.0100% | 8h | 4.6070 | +0.022% | $85K | $38K | 33x | as long as short |
| MEXC KSM_USDTshort | +0.0100% | 8h | 4.6130 | +0.152% | $733K | $242K | 20x | |
| KuCoin KSMUSDTM | +0.0100% | 8h | 4.6130 | +0.152% | $510K | $32K | 30x | as long as short |
| Bitget KSMUSDT | +0.0100% | 8h | 4.6130 | +0.152% | $482K | $203K | 50x | as long as short |
| BingX KSM-USDT | +0.0100% | 8h | 4.6120 | +0.130% | — | $2.4M | — | as long as short |
Kraken Futures PF_KSMUSD
Variational Omni KSM
OKX KSM-USDT-SWAP
Binance KSMUSDT
Gate 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 | 4.6107 | +0.102% | $77K | $424K | 5x | as long as short |
| BloFin KSM-USDT | +0.0120% | 8h | 4.6120 | +0.130% | $108K | $18K | 50x | as long as short |
Extended KSM-USD
BloFin KSM-USDT