Funding you earn now, next payment 00:00 UTC+0.0211%/8h= +23.1% APRpaid last 24h +0.032%
Price spread now: BloFin against OKX−0.043%7-day average +0.067% · you buy dearer than you sell
Net, funding: paid 7d − costs−$57as in the Funding arb table
Net, price: spread back to 7d avg − costs−$103as in the Price arb table
costs, in and out, $10k−$920.917% of the position
Funding, last 7 days+0.351%+$35 on $10k
+Price spread, last 3 days (all we have)−0.649%−$65 · spread now −0.043%, 7d avg +0.067%
=Funding pays, the price is against you. BloFin is 0.110% cheaper against OKX than usual: you would sell low and buy high (spread −0.043% now, against its 7-day average of +0.067%). If the spread goes back, that is −$11 on $10k: about 42 hours of funding at the current rate (+$6 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX KSM-USDT-SWAP | 4.6260 | −0.0174 | get 0.0087% / 4h | 3h 30m | $760K | $675K | 20x |
| Short | BloFin KSM-USDT | 4.6240 | 0.0037 | get 0.0037% / 8h | 3h 30m | $114K | $19K | 50x |
OKX KSM-USDT-SWAP
BloFin KSM-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against OKX. 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
- $44.4
- Price spread: −0.043% → +0.067%
- −$11.04
- Slippage, 4 orders
- −$69.75
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$58.39
- Costs to cover
- 0.917%
- Break-even
- 16.2 days
Slippage from OKX: live order book, 15 min ago; BloFin: live order book, 9 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 OKX live order book, 15 min ago | 3.28 bp | 24.3 bp −$24 | 3524.4 bp −$35.2K | doesn't fit | doesn't fit |
| Sell BloFin live order book, 9 min ago | 3.26 bp | 22.2 bp −$22 | 55.9 bp −$559 | 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 | −0.0690% | 8h | 4.6051 | −0.452% | $453K | $41K | — | as long as short |
| Kraken Futures PF_KSMUSD | −0.0549% | 1h | 4.6334 | +0.160% | $37K | $6K | 20x | as long as short |
| OKX KSM-USDT-SWAPlong | −0.0174% | 4h | 4.6260 | long leg | $760K | $675K | 20x | |
| MEXC KSM_USDT | +0.0028% | 8h | 4.6260 | 0.000% | $722K | $247K | 20x | as long as short |
| Binance KSMUSDT | +0.0028% | 8h | 4.6270 | +0.022% | $2.0M | $3.0M | 50x | as long as short |
| Extended KSM-USD | +0.0032% | 1h | 4.6263 | +0.006% | $77K | $260K | 5x | as long as short |
| BloFin KSM-USDTshort | +0.0037% | 8h | 4.6240 | −0.043% | $114K | $19K | 50x | |
| Bybit KSMUSDT | +0.0100% | 8h | 4.6240 | −0.043% | $2.2M | $759K | 50x | as long as short |
| Gate KSM_USDT | +0.0100% | 8h | 4.6280 | +0.043% | $90K | $42K | 33x | as long as short |
| KuCoin KSMUSDTM | +0.0100% | 8h | 4.6300 | +0.086% | $516K | $54K | 30x | as long as short |
Variational Omni KSM
Kraken Futures PF_KSMUSD
MEXC KSM_USDT
Binance KSMUSDT
Extended KSM-USD
Bybit KSMUSDT
Gate KSM_USDT
KuCoin KSMUSDTMShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget KSMUSDT | +0.0100% | 8h | 4.6270 | +0.022% | $495K | $248K | 50x | as long as short |
| BingX KSM-USDT | +0.0100% | 8h | 4.6250 | −0.022% | — | $2.4M | — | as long as short |
Bitget KSMUSDT
BingX KSM-USDT