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: Bybit against KuCoin−0.065%7-day average −0.147% · you buy dearer than you sell
Net, funding: paid 7d − costs−$936as in the Funding arb table
Net, price: spread back to 7d avg − costs−$931as in the Price arb table
costs, in and out, $10k−$9399.392% of the position
Funding, last 7 days+0.031%+$3 on $10k
+Price spread, last 4 days (all we have)+0.088%+$9 · spread now −0.065%, 7d avg −0.147%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.082% dearer against KuCoin than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of −0.147%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin KSMUSDTM | 4.6090 | 0.0100 | pay 0.0100% / 8h | 2h 06m | $509K | $32K | 30x |
| Short | Bybit KSMUSDT | 4.6060 | 0.0100 | get 0.0100% / 8h | 2h 06m | $2.2M | $665K | 50x |
KuCoin KSMUSDTM
Bybit KSMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against KuCoin. 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% → −0.147%
- $8.19
- Slippage, 4 orders
- −$916.18
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$930.99
- Costs to cover
- 9.392%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 52 min ago; Bybit: live order book, 1 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 KuCoin live order book, 52 min ago | 21.77 bp | 433.2 bp −$433 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 5.43 bp | 29.3 bp −$29 | 139.7 bp −$1,397 | 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 | −0.0488% | 1h | 4.6195 | +0.228% | $37K | $1K | 20x | as long as short |
| Variational Omni KSM | −0.0388% | 8h | 4.5967 | −0.267% | $453K | $37K | — | as long as short |
| OKX KSM-USDT-SWAP | −0.0349% | 4h | 4.6110 | +0.043% | $761K | $645K | 20x | as long as short |
| Binance KSMUSDT | +0.0100% | 8h | 4.6128 | +0.081% | $2.0M | $2.8M | 50x | as long as short |
| Bybit KSMUSDTshort | +0.0100% | 8h | 4.6060 | −0.065% | $2.2M | $665K | 50x | |
| Gate KSM_USDT | +0.0100% | 8h | 4.6050 | −0.087% | $85K | $38K | 33x | as long as short |
| MEXC KSM_USDT | +0.0100% | 8h | 4.6080 | −0.022% | $732K | $242K | 20x | as long as short |
| KuCoin KSMUSDTMlong | +0.0100% | 8h | 4.6090 | long leg | $509K | $32K | 30x | |
| Bitget KSMUSDT | +0.0100% | 8h | 4.6100 | +0.022% | $482K | $203K | 50x | as long as short |
| BingX KSM-USDT | +0.0100% | 8h | 4.6120 | +0.065% | — | $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 | 4.6094 | +0.009% | $77K | $424K | 5x | as long as short |
| BloFin KSM-USDT | +0.0120% | 8h | 4.6120 | +0.065% | $108K | $18K | 50x | as long as short |
Extended KSM-USD
BloFin KSM-USDT