Funding you earn now, next payment 04:00 UTC+0.0060%/8h= +6.6% APRnext payment +$0.30 per $10,000 · paid last 24h −0.002%
Price spread now: BloFin against Binance+0.310%91s7-day average +0.031% · you sell dearer than you buy
Net, funding: paid 7d − costs−$157as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1561.557% of the position
Funding, last 7 days−0.009%−$1 on $10k
+Price spread, last 4 days (all we have)−0.233%−$23 · spread now +0.310%, 7d avg +0.031%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and BloFin is 0.279% dearer against Binance than usual: you sell high and buy low: +$28 more if the spread goes back to its 7-day average of +0.031%. The two prices were read 91 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance KGENUSDT | 0.1605 | 0.0492 | pay 0.0246% / 4h | 47m 50s | $4.9M | $819K | 50x |
| Short | BloFin KGEN-USDT | 0.1610 | 0.0552 | get 0.0276% / 4h | 47m 50s | $223K | $18K | 50x |
Binance KGENUSDT
BloFin KGEN-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Binance. 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
- $12.57
- Price spread: +0.310% → +0.031%
- $27.89
- Slippage, 4 orders
- −$133.71
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$115.25
- Costs to cover
- 1.557%
- Break-even
- 71.2 days
Slippage from Binance: live order book, 5 min ago; BloFin: live order book, 50 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, 5 min ago | 6.22 bp | 45.9 bp −$46 | 272.4 bp −$2,724 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 50 min ago | 6.22 bp | 20.8 bp −$21 | 96.9 bp −$969 | 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 | 0.1605 | −0.014% | $748K | $299K | 20x | as long as short |
| OKX KGEN-USDT-SWAP | +0.0100% | 4h | 0.1605 | −0.001% | $194K | $115K | 10x | as long as short |
| Gate KGEN_USDT | +0.0100% | 4h | 0.1602 | −0.207% | $1.5M | $81K | 50x | as long as short |
| KuCoin KGENUSDTM | +0.0100% | 4h | 0.1605 | −0.026% | $732K | $1.7M | 50x | as long as short |
| Variational Omni KGEN | +0.0100% | 4h | 0.1607 | +0.106% | $5K | $1K | — | as long as short |
| SunX KGEN-USDT | +0.0100% | 4h | 0.1601 | −0.219% | $2K | $820K | 20x | as long as short |
| Binance KGENUSDTlong | +0.0492% | 4h | 0.1605 | long leg | $4.9M | $819K | 50x | |
| MEXC KGEN_USDT | +0.0504% | 4h | 0.1605 | −0.001% | $445K | $99K | 50x | as long as short |
| BloFin KGEN-USDTshort | +0.0552% | 4h | 0.1610 | +0.310% | $223K | $18K | 50x | |
| Bitget KGENUSDT | +0.0554% | 4h | 0.1605 | −0.001% | $1.7M | $162K | 50x | as long as short |
Bybit KGENUSDT
OKX KGEN-USDT-SWAP
Gate KGEN_USDT
KuCoin KGENUSDTM
Variational Omni KGEN
SunX KGEN-USDT
MEXC KGEN_USDT
Bitget KGENUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX KGEN-USDT | +0.0556% | 4h | 0.1604 | −0.064% | — | $6.5M | — | as long as short |
| Aster KGENUSDT | +0.0832% | 4h | 0.1603 | −0.105% | $19K | $4K | 5x | as long as short |
BingX KGEN-USDT
Aster KGENUSDT