Funding you earn now, next payment 00:00 UTC+0.0043%/8h= +4.8% APRnext payment +$0.22 per $10,000 · paid last 24h +0.014%
Price spread now: Binance against BingX0.000%7-day average +0.028% · you sell dearer than you buy
Net, funding: paid 7d − costs−$164as in the Funding arb table
Net, price: spread back to 7d avg − costs−$168as in the Price arb table
costs, in and out, $10k−$1651.652% of the position
Funding, last 7 days+0.012%+$1 on $10k
+Price spread, last 7 days−0.021%−$2 · spread now 0.000%, 7d avg +0.028%
=Funding pays, the price is against you. Binance is 0.028% cheaper against BingX than usual: you would sell low and buy high (spread 0.000% now, against its 7-day average of +0.028%). If the spread goes back, that is −$3 on $10k: about 2.1 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.012% in total) that is about 16 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX KGEN-USDT | 0.1595 | 0.0684 | pay 0.0342% / 4h | 2h 56m | — | $6.5M | — |
| Short | Binance KGENUSDT | 0.1595 | 0.0727 | get 0.0364% / 4h | 2h 56m | $4.9M | $907K | 50x |
BingX KGEN-USDT
Binance KGENUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BingX. 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
- $9.12
- Price spread: 0.000% → +0.028%
- −$2.77
- Slippage, 4 orders
- −$145.19
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$158.84
- Costs to cover
- 1.652%
- Break-even
- 128.9 days
Slippage from BingX: live order book, 10 min ago; Binance: live order book, 12 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 BingX live order book, 10 min ago | 9.40 bp | 37.3 bp −$37 | 113.7 bp −$1,137 | doesn't fit | doesn't fit |
| Sell Binance live order book, 12 min ago | 3.13 bp | 44.7 bp −$45 | 185.4 bp −$1,854 | 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 | 0.1596 | +0.044% | $743K | $326K | 20x | as long as short |
| OKX KGEN-USDT-SWAP | +0.0100% | 4h | 0.1596 | +0.063% | $194K | $130K | 10x | as long as short |
| KuCoin KGENUSDTM | +0.0100% | 4h | 0.1597 | +0.150% | $720K | $1.5M | 50x | as long as short |
| Variational Omni KGEN | +0.0100% | 4h | 0.1598 | +0.190% | $3K | $12 | — | as long as short |
| SunX KGEN-USDT | +0.0100% | 4h | 0.1591 | −0.245% | $2K | $843K | 20x | as long as short |
| Bitget KGENUSDT | +0.0346% | 4h | 0.1595 | −0.019% | $1.7M | $176K | 50x | as long as short |
| BingX KGEN-USDTlong | +0.0684% | 4h | 0.1595 | long leg | — | $6.5M | — | |
| MEXC KGEN_USDT | +0.0726% | 4h | 0.1598 | +0.188% | $437K | $94K | 50x | as long as short |
| Binance KGENUSDTshort | +0.0727% | 4h | 0.1595 | 0.000% | $4.9M | $907K | 50x | |
| BloFin KGEN-USDT | +0.0758% | 4h | 0.1600 | +0.313% | $159K | $18K | 50x | as long as short |
Bybit KGENUSDT
OKX KGEN-USDT-SWAP
KuCoin KGENUSDTM
Variational Omni KGEN
SunX KGEN-USDT
Bitget KGENUSDT
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 | +0.0825% | 4h | 0.1598 | +0.188% | $19K | $5K | 5x | as long as short |
| Gate KGEN_USDT | +0.1256% | 4h | 0.1594 | −0.038% | $1.5M | $96K | 50x | as long as short |
Aster KGENUSDT
Gate KGEN_USDT