KGEN

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0493%/8h= −54.0% APRnext payment −$2.47 per $10,000 · paid last 24h −0.142%

Price spread now: Bitget against Binance0.000%7-day average −0.062% · you sell dearer than you buy

Net, funding: paid 7d − costs−$192as in the Funding arb table

Net, price: spread back to 7d avg − costs−$152as in the Price arb table

costs, in and out, $10k−$1581.584% of the position

Long on Binance Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.335%−$33 on $10k

Price spread, last 7 days−0.107%−$11 · spread now 0.000%, 7d avg −0.062%

Together, before fees−0.442%−$44 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Bitget is 0.062% dearer against Binance than usual: you sell high and buy low (spread 0.000% now, against its 7-day average of −0.062%): +$6 on $10k if it goes back. Holding the pair costs −$15 a day in funding at the current rate, which eats that in about 10 hours. At the pace of the last 7 days (−0.335% in total) that is about 31 hours.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.335% in total (about -17.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.47 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance KGENUSDT	0.1600	0.0825	pay 0.0413% / 4h	2h 39m	$4.9M	$901K	50x
Short	Bitget KGENUSDT	0.1600	0.0332	get 0.0166% / 4h	2h 39m	$1.7M	$175K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Binance. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BinancebpFee BitgetbpOrdersPrice spread, now 0.000%Rate

Funding earned: −$103.63
Price spread: 0.000% → −0.062%: $6.2
Slippage, 4 orders: −$136.37
Fee Binance: 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$255.8
Costs to cover: 1.584%
Break-even: never at this rate

Slippage from Binance: live order book, 13 min ago; Bitget: 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 Binance live order book, 13 min ago	3.13 bp	41.1 bp −$41	190.2 bp −$1,902	doesn't fit	doesn't fit
Sell Bitget live order book, 2 min ago	6.56 bp	34.0 bp −$34	doesn't fit	doesn't fit	doesn't fit

KGEN 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
Bybit KGENUSDT	+0.0100%	4h	0.1601	+0.062%	$744K	$328K	20x	as long as short
OKX KGEN-USDT-SWAP	+0.0100%	4h	0.1600	0.000%	$195K	$129K	10x	as long as short
KuCoin KGENUSDTM	+0.0100%	4h	0.1599	−0.050%	$723K	$1.5M	50x	as long as short
Variational Omni KGEN	+0.0100%	4h	0.1602	+0.126%	$5K	$1K	—	as long as short
SunX KGEN-USDT	+0.0100%	4h	0.1597	−0.206%	$2K	$843K	20x	as long as short
Bitget KGENUSDTshort	+0.0332%	4h	0.1600	0.000%	$1.7M	$175K	50x
BingX KGEN-USDT	+0.0754%	4h	0.1600	0.000%	—	$6.5M	—	as long as short
MEXC KGEN_USDT	+0.0824%	4h	0.1599	−0.063%	$436K	$96K	50x	as long as short
Binance KGENUSDTlong	+0.0825%	4h	0.1600	long leg	$4.9M	$901K	50x
BloFin KGEN-USDT	+0.0831%	4h	0.1600	0.000%	$225K	$18K	50x	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster KGENUSDT	+0.0994%	4h	0.1598	−0.125%	$19K	$5K	5x	as long as short
Gate KGEN_USDT	+0.1416%	4h	0.1597	−0.213%	$1.5M	$96K	50x	as long as short