Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.083%
Price spread now: KuCoin against OKX−0.108%7-day average +0.123% · you buy dearer than you sell
Net, funding: paid 7d − costs−$802as in the Funding arb table
Net, price: spread back to 7d avg − costs−$879as in the Price arb table
costs, in and out, $10k−$8568.557% of the position
Funding, last 7 days+0.541%+$54 on $10k
+Price spread, last 4 days (all we have)+0.070%+$7 · spread now −0.108%, 7d avg +0.123%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.231% cheaper against OKX than usual: you would sell low and buy high, −$23 on $10k if it goes back to its 7-day average of +0.123%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX KSM-USDT-SWAP | 4.6320 | 0.0100 | pay 0.0050% / 4h | 10m 07s | $769K | $630K | 20x |
| Short | KuCoin KSMUSDTM | 4.6270 | 0.0100 | get 0.0100% / 8h | 10m 07s | $511K | $29K | 30x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $0
- Price spread: −0.108% → +0.123%
- −$23.08
- Slippage, 4 orders
- −$833.74
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$878.83
- Costs to cover
- 8.557%
- Break-even
- never at this rate
Slippage from OKX: live order book, 26 min ago; KuCoin: live order book, 24 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, 26 min ago | 2.16 bp | 28.8 bp −$29 | 3803.4 bp −$38.0K | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 24 min ago | 18.32 bp | 550.7 bp −$551 | 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 | −0.0391% | 1h | 4.6421 | +0.219% | $37K | $994 | 20x | as long as short |
| Variational Omni KSM | −0.0208% | 8h | 4.6234 | −0.185% | $454K | $36K | — | as long as short |
| Binance KSMUSDT | +0.0100% | 8h | 4.6368 | +0.103% | $2.0M | $2.6M | 50x | as long as short |
| Bybit KSMUSDT | +0.0100% | 8h | 4.6300 | −0.043% | $2.2M | $682K | 50x | as long as short |
| OKX KSM-USDT-SWAPlong | +0.0100% | 4h | 4.6320 | long leg | $769K | $630K | 20x | |
| Gate KSM_USDT | +0.0100% | 8h | 4.6330 | +0.022% | $85K | $31K | 33x | as long as short |
| MEXC KSM_USDT | +0.0100% | 8h | 4.6360 | +0.086% | $731K | $248K | 20x | as long as short |
| KuCoin KSMUSDTMshort | +0.0100% | 8h | 4.6270 | −0.108% | $511K | $29K | 30x | |
| Bitget KSMUSDT | +0.0100% | 8h | 4.6310 | −0.022% | $482K | $182K | 50x | as long as short |
| BingX KSM-USDT | +0.0100% | 8h | 4.6310 | −0.022% | — | $2.3M | — | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended KSM-USD | +0.0104% | 1h | 4.6337 | +0.036% | $78K | $456K | 5x | as long as short |
| BloFin KSM-USDT | +0.0118% | 8h | 4.6370 | +0.108% | $110K | $18K | 50x | as long as short |
OKX KSM-USDT-SWAP
KuCoin KSMUSDTM
Kraken Futures PF_KSMUSD
Variational Omni KSM
Binance KSMUSDT
Bybit KSMUSDT
Gate KSM_USDT
MEXC KSM_USDT
Bitget KSMUSDT
BingX KSM-USDT
Extended KSM-USD
BloFin KSM-USDT