Funding you earn now, next payment 08:00 UTC+0.0325%/8h= +35.6% APRnext payment +$1.62 per $10,000 · paid last 24h +0.130%
Price spread now: Binance against Bitget−0.116%7-day average +0.056% · you buy dearer than you sell
Net, funding: paid 7d − costs−$145as in the Funding arb table
Net, price: spread back to 7d avg − costs−$199as in the Price arb table
costs, in and out, $10k−$1821.817% of the position
Funding, last 7 days+0.367%+$37 on $10k
+Price spread, last 7 days+0.144%+$14 · spread now −0.116%, 7d avg +0.056%
=Funding pays, the price is against you. Binance is 0.172% cheaper against Bitget than usual: you would sell low and buy high (spread −0.116% now, against its 7-day average of +0.056%). If the spread goes back, that is −$17 on $10k: about 42 hours of funding at the current rate (+$10 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget KGENUSDT | 0.1632 | 0.0296 | pay 0.0148% / 4h | 3h 32m | $1.7M | $174K | 50x |
| Short | Binance KGENUSDT | 0.1630 | 0.0621 | get 0.0310% / 4h | 3h 32m | $5.0M | $834K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bitget. 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
- $68.2
- Price spread: −0.116% → +0.056%
- −$17.23
- Slippage, 4 orders
- −$159.66
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$130.68
- Costs to cover
- 1.817%
- Break-even
- 20.4 days
Slippage from Bitget: live order book, 4 min ago; Binance: 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 Bitget live order book, 4 min ago | 12.26 bp | 45.5 bp −$46 | 307.6 bp −$3,076 | doesn't fit | doesn't fit |
| Sell Binance live order book, 5 min ago | 3.07 bp | 45.5 bp −$46 | 214.2 bp −$2,142 | 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 | 0.1629 | −0.190% | $750K | $316K | 20x | as long as short |
| OKX KGEN-USDT-SWAP | +0.0100% | 4h | 0.1632 | +0.006% | $198K | $120K | 10x | as long as short |
| KuCoin KGENUSDTM | +0.0100% | 4h | 0.1631 | −0.067% | $744K | $1.8M | 50x | as long as short |
| Variational Omni KGEN | +0.0100% | 4h | 0.1630 | −0.134% | $5K | $1K | — | as long as short |
| SunX KGEN-USDT | +0.0100% | 4h | 0.1627 | −0.306% | $2K | $853K | 20x | as long as short |
| Bitget KGENUSDTlong | +0.0296% | 4h | 0.1632 | long leg | $1.7M | $174K | 50x | |
| Gate KGEN_USDT | +0.0538% | 4h | 0.1626 | −0.392% | $1.5M | $84K | 50x | as long as short |
| BloFin KGEN-USDT | +0.0587% | 4h | 0.1629 | −0.178% | $224K | $19K | 50x | as long as short |
| BingX KGEN-USDT | +0.0618% | 4h | 0.1630 | −0.116% | — | $6.5M | — | as long as short |
| Binance KGENUSDTshort | +0.0621% | 4h | 0.1630 | −0.116% | $5.0M | $834K | 50x |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC KGEN_USDT | +0.0628% | 4h | 0.1630 | −0.116% | $459K | $102K | 50x | as long as short |
| Aster KGENUSDT | +0.1085% | 4h | 0.1628 | −0.229% | $19K | $4K | 5x | as long as short |
Bitget KGENUSDT
Binance KGENUSDT
Bybit KGENUSDT
OKX KGEN-USDT-SWAP
KuCoin KGENUSDTM
Variational Omni KGEN
SunX KGEN-USDT
Gate KGEN_USDT
BloFin KGEN-USDT
BingX KGEN-USDT
MEXC KGEN_USDT
Aster KGENUSDT