Funding you earn now, next payment 08:00 UTC−0.0073%/8h= −8.0% APRnext payment −$0.36 per $10,000 · paid last 24h +0.013%
Price spread now: BloFin against BingX−0.184%96s7-day average +0.042% · you buy dearer than you sell
Net, funding: paid 7d − costs−$149as 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−$1501.497% of the position
Funding, last 7 days+0.003%$0 on $10k
+Price spread, last 4 days (all we have)+0.215%+$21 · spread now −0.184%, 7d avg +0.042%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and BloFin is 0.226% cheaper against BingX than usual: you would sell low and buy high (−$23 if the spread goes back to its 7-day average of +0.042%). Swap the legs. The two prices were read 96 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 | BingX KGEN-USDT | 0.1628 | 0.0364 | pay 0.0182% / 4h | 2h 21m | — | $6.5M | — |
| Short | BloFin KGEN-USDT | 0.1625 | 0.0291 | get 0.0146% / 4h | 2h 21m | $222K | $18K | 50x |
BingX KGEN-USDT
BloFin KGEN-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$15.29
- Price spread: −0.184% → +0.042%
- −$22.6
- Slippage, 4 orders
- −$127.69
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$187.59
- Costs to cover
- 1.497%
- Break-even
- never at this rate
Slippage from BingX: live order book, 15 min ago; BloFin: live order book, 60 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, 15 min ago | 9.21 bp | 38.9 bp −$39 | 111.9 bp −$1,119 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 60 min ago | 12.26 bp | 36.1 bp −$36 | 112.9 bp −$1,129 | 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 | 0.1626 | −0.104% | $749K | $320K | 20x | as long as short |
| OKX KGEN-USDT-SWAP | +0.0100% | 4h | 0.1627 | −0.061% | $198K | $118K | 10x | as long as short |
| Gate KGEN_USDT | +0.0100% | 4h | 0.1622 | −0.381% | $1.5M | $85K | 50x | as long as short |
| KuCoin KGENUSDTM | +0.0100% | 4h | 0.1627 | −0.061% | $750K | $1.8M | 50x | as long as short |
| Variational Omni KGEN | +0.0100% | 4h | 0.1621 | −0.446% | $5K | $1K | — | as long as short |
| SunX KGEN-USDT | +0.0100% | 4h | 0.1621 | −0.399% | $2K | $853K | 20x | as long as short |
| Bitget KGENUSDT | +0.0136% | 4h | 0.1628 | −0.012% | $1.7M | $164K | 50x | as long as short |
| BloFin KGEN-USDTshort | +0.0291% | 4h | 0.1625 | −0.184% | $222K | $18K | 50x | |
| Binance KGENUSDT | +0.0316% | 4h | 0.1628 | +0.003% | $5.0M | $826K | 50x | as long as short |
| MEXC KGEN_USDT | +0.0320% | 4h | 0.1627 | −0.061% | $452K | $105K | 50x | as long as short |
Bybit KGENUSDT
OKX KGEN-USDT-SWAP
Gate KGEN_USDT
KuCoin KGENUSDTM
Variational Omni KGEN
SunX KGEN-USDT
Bitget KGENUSDT
Binance KGENUSDT
MEXC KGEN_USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX KGEN-USDTlong | +0.0364% | 4h | 0.1628 | long leg | — | $6.5M | — | |
| Aster KGENUSDT | +0.0863% | 4h | 0.1624 | −0.246% | $20K | $2K | 5x | as long as short |
Aster KGENUSDT