Funding you earn now, next payment 04:00 UTC+0.0003%/8h= +0.3% APRnext payment +$0.01 per $10,000 · paid last 24h −0.002%
Price spread now: MEXC against Binance−0.087%7-day average −0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$123as in the Funding arb table
Net, price: spread back to 7d avg − costs−$131as in the Price arb table
costs, in and out, $10k−$1231.230% of the position
Funding, last 7 days−0.003%$0 on $10k
+Price spread, last 4 days (all we have)+0.057%+$6 · spread now −0.087%, 7d avg −0.007%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.080% cheaper against Binance than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of −0.007%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance KGENUSDT | 0.1619 | 0.0593 | pay 0.0297% / 4h | 3h 11m | $5.0M | $884K | 50x |
| Short | MEXC KGEN_USDT | 0.1618 | 0.0596 | get 0.0298% / 4h | 3h 11m | $453K | $99K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $0.59
- Price spread: −0.087% → −0.007%
- −$8
- Slippage, 4 orders
- −$105.01
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee MEXC: 4 bp × 2 orders
- −$8
- Net
- −$130.42
- Costs to cover
- 1.230%
- Break-even
- 1559.6 days
Slippage from Binance: live order book, 11 min ago; MEXC: live order book, 44 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, 11 min ago | 6.18 bp | 41.5 bp −$41 | 249.1 bp −$2,491 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 44 min ago | 6.18 bp | 21.6 bp −$22 | 124.5 bp −$1,245 | 512.0 bp −$51.2K | 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 | 0.1619 | −0.026% | $752K | $330K | 20x | as long as short |
| OKX KGEN-USDT-SWAP | +0.0100% | 4h | 0.1616 | −0.211% | $196K | $118K | 10x | as long as short |
| KuCoin KGENUSDTM | +0.0100% | 4h | 0.1618 | −0.100% | $738K | $1.6M | 50x | as long as short |
| Variational Omni KGEN | +0.0100% | 4h | 0.1618 | −0.103% | $5K | $1K | — | as long as short |
| SunX KGEN-USDT | +0.0100% | 4h | 0.1617 | −0.168% | $2K | $869K | 20x | as long as short |
| Gate KGEN_USDT | +0.0102% | 4h | 0.1615 | −0.291% | $1.5M | $93K | 50x | as long as short |
| Bitget KGENUSDT | +0.0324% | 4h | 0.1617 | −0.149% | $1.7M | $166K | 50x | as long as short |
| BloFin KGEN-USDT | +0.0578% | 4h | 0.1619 | −0.026% | $223K | $18K | 50x | as long as short |
| BingX KGEN-USDT | +0.0580% | 4h | 0.1618 | −0.087% | — | $6.5M | — | as long as short |
| Binance KGENUSDTlong | +0.0593% | 4h | 0.1619 | long leg | $5.0M | $884K | 50x |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC KGEN_USDTshort | +0.0596% | 4h | 0.1618 | −0.087% | $453K | $99K | 50x | |
| Aster KGENUSDT | +0.1122% | 4h | 0.1615 | −0.287% | $19K | $4K | 5x | as long as short |
Binance KGENUSDT
MEXC KGEN_USDT
Bybit KGENUSDT
OKX KGEN-USDT-SWAP
KuCoin KGENUSDTM
Variational Omni KGEN
SunX KGEN-USDT
Gate KGEN_USDT
Bitget KGENUSDT
BloFin KGEN-USDT
BingX KGEN-USDT
Aster KGENUSDT