Funding you earn now, next payment 00:00 UTC+0.0760%/8h= +83.3% APRnext payment +$3.80 per $10,000 · paid last 24h −0.171%
Price spread now: Gate against Binance−0.231%7-day average −0.190% · you buy dearer than you sell
Net, funding: paid 7d − costs−$853as in the Funding arb table
Net, price: spread back to 7d avg − costs−$846as in the Price arb table
costs, in and out, $10k−$8428.422% of the position
Funding, last 7 days−0.112%−$11 on $10k
+Price spread, last 7 days+0.002%$0 · spread now −0.231%, 7d avg −0.190%
=Funding pays, the price is against you. Gate is 0.041% cheaper against Binance than usual: you would sell low and buy high (spread −0.231% now, against its 7-day average of −0.190%). If the spread goes back, that is −$4 on $10k: about 4 hours of funding at the current rate (+$23 a day). Mind the row above: over the last 7 days funding on this pair cost −0.112%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.112% in total (about -5.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.80 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 | 0.1602 | 0.0818 | pay 0.0409% / 4h | 1h 55m | $4.9M | $907K | 50x |
| Short | Gate KGEN_USDT | 0.1598 | 0.1578 | get 0.0789% / 4h | 1h 55m | $1.5M | $94K | 50x |
Binance KGENUSDT
Gate KGEN_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $159.68
- Price spread: −0.231% → −0.190%
- −$4.07
- Slippage, 4 orders
- −$817.16
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$686.55
- Costs to cover
- 8.422%
- Break-even
- 37.1 days
Slippage from Binance: live order book, 12 min ago; Gate: 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, 12 min ago | 6.25 bp | 44.3 bp −$44 | 224.2 bp −$2,242 | doesn't fit | doesn't fit |
| Sell Gate live order book, 2 min ago | 10.02 bp | 436.9 bp −$437 | 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 | −0.031% | $743K | $329K | 20x | as long as short |
| OKX KGEN-USDT-SWAP | +0.0100% | 4h | 0.1600 | −0.125% | $193K | $130K | 10x | as long as short |
| KuCoin KGENUSDTM | +0.0100% | 4h | 0.1601 | −0.050% | $726K | $1.5M | 50x | as long as short |
| Variational Omni KGEN | +0.0100% | 4h | 0.1601 | −0.071% | $5K | $1K | — | as long as short |
| SunX KGEN-USDT | +0.0100% | 4h | 0.1598 | −0.225% | $2K | $855K | 20x | as long as short |
| Bitget KGENUSDT | +0.0288% | 4h | 0.1603 | +0.075% | $1.7M | $179K | 50x | as long as short |
| BingX KGEN-USDT | +0.0806% | 4h | 0.1603 | +0.062% | — | $6.5M | — | as long as short |
| MEXC KGEN_USDT | +0.0816% | 4h | 0.1602 | 0.000% | $437K | $95K | 50x | as long as short |
| Binance KGENUSDTlong | +0.0818% | 4h | 0.1602 | long leg | $4.9M | $907K | 50x | |
| BloFin KGEN-USDT | +0.0877% | 4h | 0.1602 | 0.000% | $224K | $18K | 50x | as long as short |
Bybit KGENUSDT
OKX KGEN-USDT-SWAP
KuCoin KGENUSDTM
Variational Omni KGEN
SunX KGEN-USDT
Bitget KGENUSDT
BingX KGEN-USDT
MEXC KGEN_USDT
BloFin KGEN-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster KGENUSDT | +0.1155% | 4h | 0.1599 | −0.161% | $19K | $5K | 5x | as long as short |
| Gate KGEN_USDTshort | +0.1578% | 4h | 0.1598 | −0.231% | $1.5M | $94K | 50x |
Aster KGENUSDT