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: Binance against MEXC−0.021%7-day average +0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs−$70as in the Funding arb table
Net, price: spread back to 7d avg − costs−$73as in the Price arb table
costs, in and out, $10k−$700.704% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 7 days+0.012%+$1 · spread now −0.021%, 7d avg +0.003%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.023% cheaper against MEXC than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.003%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC KSM_USDT | 4.6560 | 0.0100 | pay 0.0100% / 8h | 7h 05m | $771K | $250K | 20x |
| Short | Binance KSMUSDT | 4.6550 | 0.0100 | get 0.0100% / 8h | 7h 05m | $2.0M | $2.8M | 50x |
MEXC KSM_USDT
Binance KSMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against MEXC. 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: −0.021% → +0.003%
- −$2.34
- Slippage, 4 orders
- −$56.4
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$72.74
- Costs to cover
- 0.704%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 60 min ago; Binance: live order book, 15 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 MEXC live order book, 60 min ago | 3.23 bp | 9.2 bp −$9 | 36.1 bp −$361 | 402.7 bp −$40.3K | doesn't fit |
| Sell Binance live order book, 15 min ago | 3.23 bp | 21.1 bp −$21 | 70.7 bp −$707 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni KSM | −0.0431% | 8h | 4.6376 | −0.394% | $457K | $40K | — | as long as short |
| Kraken Futures PF_KSMUSD | −0.0428% | 1h | 4.6558 | −0.005% | $37K | $5K | 20x | as long as short |
| OKX KSM-USDT-SWAP | +0.0033% | 4h | 4.6450 | −0.236% | $761K | $672K | 20x | as long as short |
| BloFin KSM-USDT | +0.0084% | 8h | 4.6550 | −0.021% | $112K | $18K | 50x | as long as short |
| Binance KSMUSDTshort | +0.0100% | 8h | 4.6550 | −0.021% | $2.0M | $2.8M | 50x | |
| Bybit KSMUSDT | +0.0100% | 8h | 4.6500 | −0.129% | $2.2M | $695K | 50x | as long as short |
| Gate KSM_USDT | +0.0100% | 8h | 4.6540 | −0.043% | $89K | $39K | 33x | as long as short |
| MEXC KSM_USDTlong | +0.0100% | 8h | 4.6560 | long leg | $771K | $250K | 20x | |
| KuCoin KSMUSDTM | +0.0100% | 8h | 4.6560 | 0.000% | $521K | $49K | 30x | as long as short |
| Bitget KSMUSDT | +0.0100% | 8h | 4.6580 | +0.043% | $498K | $229K | 50x | as long as short |
Variational Omni KSM
Kraken Futures PF_KSMUSD
OKX KSM-USDT-SWAP
BloFin KSM-USDT
Bybit KSMUSDT
Gate KSM_USDT
KuCoin KSMUSDTM
Bitget KSMUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX KSM-USDT | +0.0100% | 8h | 4.6540 | −0.043% | — | $2.4M | — | as long as short |
| Extended KSM-USD | +0.0104% | 1h | 4.6521 | −0.084% | $80K | $325K | 5x | as long as short |
BingX KSM-USDT
Extended KSM-USD