Funding you earn now, next payment 08:00 UTC+0.0546%/8h= +59.8% APRpaid last 24h +0.083%
Price spread now: Bybit against OKX−0.044%7-day average −0.058% · you buy dearer than you sell
Net, funding: paid 7d − costs−$61as in the Funding arb table
Net, price: spread back to 7d avg − costs−$117as in the Price arb table
costs, in and out, $10k−$1181.179% of the position
Funding, last 7 days+0.572%+$57 on $10k
+Price spread, last 7 days+0.044%+$4 · spread now −0.044%, 7d avg −0.058%
=The price spread sits at its 7-day average of −0.058%, so right now this pair is about funding alone: +$16 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX KSM-USDT-SWAP | 4.5700 | −0.0446 | get 0.0223% / 4h | 2h 30m | $753K | $625K | 20x |
| Short | Bybit KSMUSDT | 4.5680 | 0.0100 | get 0.0100% / 8h | 2h 30m | $2.2M | $666K | 50x |
OKX KSM-USDT-SWAP
Bybit KSMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $114.66
- Price spread: −0.044% → −0.058%
- $1.38
- Slippage, 4 orders
- −$96.88
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$1.85
- Costs to cover
- 1.179%
- Break-even
- 7.1 days
Slippage from OKX: live order book, 16 min ago; Bybit: 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 OKX live order book, 16 min ago | 5.44 bp | 25.6 bp −$26 | 3394.5 bp −$33.9K | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 4.39 bp | 31.3 bp −$31 | 142.6 bp −$1,426 | 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 | −0.0492% | 1h | 4.5810 | +0.240% | $37K | $1K | 20x | as long as short |
| OKX KSM-USDT-SWAPlong | −0.0446% | 4h | 4.5700 | long leg | $753K | $625K | 20x | |
| Variational Omni KSM | −0.0397% | 8h | 4.5608 | −0.201% | $449K | $38K | — | as long as short |
| Binance KSMUSDT | +0.0100% | 8h | 4.5740 | +0.088% | $2.0M | $2.7M | 50x | as long as short |
| Bybit KSMUSDTshort | +0.0100% | 8h | 4.5680 | −0.044% | $2.2M | $666K | 50x | |
| Gate KSM_USDT | +0.0100% | 8h | 4.5750 | +0.109% | $84K | $37K | 33x | as long as short |
| MEXC KSM_USDT | +0.0100% | 8h | 4.5710 | +0.022% | $728K | $240K | 20x | as long as short |
| KuCoin KSMUSDTM | +0.0100% | 8h | 4.5770 | +0.153% | $506K | $32K | 30x | as long as short |
| Bitget KSMUSDT | +0.0100% | 8h | 4.5700 | 0.000% | $478K | $208K | 50x | as long as short |
| BingX KSM-USDT | +0.0100% | 8h | 4.5710 | +0.022% | — | $2.4M | — | as long as short |
Kraken Futures PF_KSMUSD
Variational Omni KSM
Binance KSMUSDT
Gate KSM_USDT
MEXC 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 | 4.5688 | −0.026% | $77K | $420K | 5x | as long as short |
| BloFin KSM-USDT | +0.0118% | 8h | 4.5830 | +0.284% | $109K | $18K | 50x | as long as short |
Extended KSM-USD
BloFin KSM-USDT