Funding you earn now, next payment 08:00 UTC−0.0308%/8h= −33.7% APRpaid last 24h −0.083%
Price spread now: OKX against KuCoin−0.109%7-day average −0.122% · you buy dearer than you sell
Net, funding: paid 7d − costs−$742as in the Funding arb table
Net, price: spread back to 7d avg − costs−$686as in the Price arb table
costs, in and out, $10k−$6876.874% of the position
Funding, last 7 days−0.541%−$54 on $10k
+Price spread, last 4 days (all we have)+0.136%+$14 · spread now −0.109%, 7d avg −0.122%
=The price spread sits at its 7-day average of −0.122%, so right now this pair is about funding alone: −$9 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin KSMUSDTM | 4.6080 | 0.0100 | pay 0.0100% / 8h | 1h 39m | $509K | $32K | 30x |
| Short | OKX KSM-USDT-SWAP | 4.6030 | −0.0208 | pay 0.0104% / 4h | 1h 39m | $762K | $649K | 20x |
KuCoin KSMUSDTM
OKX KSM-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$64.68
- Price spread: −0.109% → −0.122%
- $1.38
- Slippage, 4 orders
- −$665.4
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$750.69
- Costs to cover
- 6.874%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 4 min ago; OKX: live order book, 2 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, 4 min ago | 23.86 bp | 259.6 bp −$260 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 2 min ago | 6.51 bp | 26.4 bp −$26 | 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 | −0.0703% | 1h | 4.6129 | +0.106% | $37K | $1K | 20x | as long as short |
| Variational Omni KSM | −0.0372% | 8h | 4.6067 | −0.028% | $453K | $38K | — | as long as short |
| OKX KSM-USDT-SWAPshort | −0.0208% | 4h | 4.6030 | −0.109% | $762K | $649K | 20x | |
| Binance KSMUSDT | +0.0100% | 8h | 4.6040 | −0.087% | $2.0M | $2.8M | 50x | as long as short |
| Bybit KSMUSDT | +0.0100% | 8h | 4.6050 | −0.065% | $2.2M | $719K | 50x | as long as short |
| Gate KSM_USDT | +0.0100% | 8h | 4.6080 | 0.000% | $85K | $36K | 33x | as long as short |
| MEXC KSM_USDT | +0.0100% | 8h | 4.6030 | −0.109% | $728K | $240K | 20x | as long as short |
| KuCoin KSMUSDTMlong | +0.0100% | 8h | 4.6080 | long leg | $509K | $32K | 30x | |
| Bitget KSMUSDT | +0.0100% | 8h | 4.6080 | 0.000% | $481K | $198K | 50x | as long as short |
| BingX KSM-USDT | +0.0100% | 8h | 4.6080 | 0.000% | — | $2.4M | — | as long as short |
Kraken Futures PF_KSMUSD
Variational Omni KSM
Binance KSMUSDT
Bybit 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 | 4.6028 | −0.113% | $77K | $423K | 5x | as long as short |
| BloFin KSM-USDT | +0.0108% | 8h | 4.6070 | −0.022% | $110K | $18K | 50x | as long as short |
Extended KSM-USD
BloFin KSM-USDT