Funding you earn now, next payment 04:00 UTC−0.0386%/8h= −42.2% APRnext payment −$1.93 per $10,000 · paid last 24h −0.115%
Price spread now: Gate against BingX−0.137%7-day average −0.162% · you buy dearer than you sell
Net, funding: paid 7d − costs−$715as in the Funding arb table
Net, price: spread back to 7d avg − costs−$706as in the Price arb table
costs, in and out, $10k−$7087.081% of the position
Funding, last 7 days−0.073%−$7 on $10k
+Price spread, last 7 days−0.065%−$7 · spread now −0.137%, 7d avg −0.162%
=The price spread pays, funding is against you. Gate is 0.025% dearer against BingX than usual: you sell high and buy low (spread −0.137% now, against its 7-day average of −0.162%): +$2 on $10k if it goes back. Holding the pair costs −$12 a day in funding at the current rate, which eats that in about 5 hours. At the pace of the last 7 days (−0.073% in total) that is about 2.4 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.073% in total (about -3.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.93 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 | BingX KGEN-USDT | 0.1607 | 0.0486 | pay 0.0243% / 4h | 2h 32m | — | $6.5M | — |
| Short | Gate KGEN_USDT | 0.1605 | 0.0100 | get 0.0050% / 4h | 2h 32m | $1.5M | $91K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$80.98
- Price spread: −0.137% → −0.162%
- $2.49
- Slippage, 4 orders
- −$683.05
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$786.54
- Costs to cover
- 7.081%
- Break-even
- never at this rate
Slippage from BingX: live order book, 9 min ago; Gate: live order book, 5 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, 9 min ago | 9.34 bp | 37.5 bp −$38 | 112.9 bp −$1,129 | doesn't fit | doesn't fit |
| Sell Gate live order book, 5 min ago | 10.29 bp | 302.9 bp −$303 | doesn't fit | doesn't fit | doesn't fit |
KGEN on 11 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 | 0.1608 | +0.062% | $749K | $337K | 20x | as long as short |
| OKX KGEN-USDT-SWAP | +0.0100% | 4h | 0.1607 | 0.000% | $194K | $124K | 10x | as long as short |
| Gate KGEN_USDTshort | +0.0100% | 4h | 0.1605 | −0.137% | $1.5M | $91K | 50x | |
| KuCoin KGENUSDTM | +0.0100% | 4h | 0.1609 | +0.106% | $739K | $1.6M | 50x | as long as short |
| Variational Omni KGEN | +0.0100% | 4h | 0.1606 | −0.078% | $5K | $1K | — | as long as short |
| SunX KGEN-USDT | +0.0100% | 4h | 0.1606 | −0.037% | $2K | $882K | 20x | as long as short |
| Bitget KGENUSDT | +0.0370% | 4h | 0.1606 | −0.075% | $1.7M | $176K | 50x | as long as short |
| BingX KGEN-USDTlong | +0.0486% | 4h | 0.1607 | long leg | — | $6.5M | — | |
| MEXC KGEN_USDT | +0.0502% | 4h | 0.1608 | +0.062% | $450K | $98K | 50x | as long as short |
| Binance KGENUSDT | +0.0504% | 4h | 0.1608 | +0.062% | $4.9M | $905K | 50x | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster KGENUSDT | +0.1000% | 4h | 0.1606 | −0.063% | $19K | $4K | 5x | as long as short |
BingX KGEN-USDT
Gate KGEN_USDT
Bybit KGENUSDT
OKX KGEN-USDT-SWAP
KuCoin KGENUSDTM
Variational Omni KGEN
SunX KGEN-USDT
Bitget KGENUSDT
MEXC KGEN_USDT
Binance KGENUSDT
Aster KGENUSDT