Funding you earn now, next payment 12:00 UTC+0.0119%/8h= +13.0% APRpaid last 24h +0.056%
Price spread now: MEXC against OKX+0.131%7-day average +0.037% · you sell dearer than you buy
Net, funding: paid 7d − costs−$42as in the Funding arb table
Net, price: spread back to 7d avg − costs−$68as in the Price arb table
costs, in and out, $10k−$770.772% of the position
Funding, last 7 days+0.351%+$35 on $10k
+Price spread, last 7 days−0.118%−$12 · spread now +0.131%, 7d avg +0.037%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and MEXC is 0.094% dearer against OKX than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.037%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX KSM-USDT-SWAP | 4.5830 | −0.0019 | get 0.0009% / 4h | 1h 47m | $756K | $561K | 20x |
| Short | MEXC KSM_USDT | 4.5890 | 0.0100 | get 0.0100% / 8h | 5h 47m | $724K | $195K | 20x |
OKX KSM-USDT-SWAP
MEXC KSM_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $24.93
- Price spread: +0.131% → +0.037%
- $9.42
- Slippage, 4 orders
- −$63.2
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$42.84
- Costs to cover
- 0.772%
- Break-even
- 19.0 days
Slippage from OKX: live order book, 62 min ago; MEXC: live order book, 60 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, 62 min ago | 3.26 bp | 24.7 bp −$25 | 3622.8 bp −$36.2K | doesn't fit | doesn't fit |
| Sell MEXC live order book, 60 min ago | 2.17 bp | 12.7 bp −$13 | 75.6 bp −$756 | 487.9 bp −$48.8K | doesn't fit |
KSM on 12 exchanges
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 | −0.0461% | 1h | 4.5952 | +0.265% | $37K | $995 | 20x | as long as short |
| Variational Omni KSM | −0.0267% | 8h | 4.5788 | −0.091% | $452K | $25K | — | as long as short |
| OKX KSM-USDT-SWAPlong | −0.0019% | 4h | 4.5830 | long leg | $756K | $561K | 20x | |
| Binance KSMUSDT | +0.0100% | 8h | 4.5890 | +0.131% | $2.0M | $2.3M | 50x | as long as short |
| Bybit KSMUSDT | +0.0100% | 8h | 4.5840 | +0.022% | $2.1M | $601K | 50x | as long as short |
| Gate KSM_USDT | +0.0100% | 8h | 4.5870 | +0.087% | $83K | $27K | 33x | as long as short |
| MEXC KSM_USDTshort | +0.0100% | 8h | 4.5890 | +0.131% | $724K | $195K | 20x | |
| KuCoin KSMUSDTM | +0.0100% | 8h | 4.5910 | +0.175% | $503K | $23K | 30x | as long as short |
| Bitget KSMUSDT | +0.0100% | 8h | 4.5970 | +0.305% | $482K | $164K | 50x | as long as short |
| BingX KSM-USDT | +0.0100% | 8h | 4.5860 | +0.065% | — | $2.3M | — | as long as short |
Kraken Futures PF_KSMUSD
Variational Omni KSM
Binance KSMUSDT
Bybit KSMUSDT
Gate KSM_USDT
KuCoin KSMUSDTM
Bitget KSMUSDT
BingX KSM-USDTShow all 12 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended KSM-USD | +0.0104% | 1h | 4.5875 | +0.098% | $80K | $467K | 5x | as long as short |
| BloFin KSM-USDT | +0.0106% | 8h | 4.5900 | +0.153% | $110K | $18K | 50x | as long as short |
Extended KSM-USD
BloFin KSM-USDT