Funding you earn now, next payment 04:00 UTC+0.0068%/8h= +7.4% APRnext payment +$0.34 per $10,000 · paid last 24h +0.136%
Price spread now: BingX against Bitget−0.025%7-day average +0.029% · you buy dearer than you sell
Net, funding: paid 7d − costs−$122as in the Funding arb table
Net, price: spread back to 7d avg − costs−$162as in the Price arb table
costs, in and out, $10k−$1571.568% of the position
Funding, last 7 days+0.345%+$35 on $10k
+Price spread, last 7 days+0.025%+$2 · spread now −0.025%, 7d avg +0.029%
=Funding pays, the price is against you. BingX is 0.054% cheaper against Bitget than usual: you would sell low and buy high (spread −0.025% now, against its 7-day average of +0.029%). If the spread goes back, that is −$5 on $10k: about 2.6 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.345% in total) that is about 26 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget KGENUSDT | 0.1612 | 0.0454 | pay 0.0227% / 4h | 2h 09m | $1.7M | $176K | 50x |
| Short | BingX KGEN-USDT | 0.1612 | 0.0522 | get 0.0261% / 4h | 2h 09m | — | $6.5M | — |
Bitget KGENUSDT
BingX KGEN-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- $14.28
- Price spread: −0.025% → +0.029%
- −$5.4
- Slippage, 4 orders
- −$134.85
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$147.96
- Costs to cover
- 1.568%
- Break-even
- 79.5 days
Slippage from Bitget: live order book, 2 min ago; BingX: 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 Bitget live order book, 2 min ago | 9.60 bp | 33.8 bp −$34 | 334.5 bp −$3,345 | doesn't fit | doesn't fit |
| Sell BingX live order book, 12 min ago | 12.39 bp | 43.1 bp −$43 | 115.4 bp −$1,154 | 560.1 bp −$56.0K | 1118.9 bp −$559.5K |
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 | 0.1611 | −0.105% | $750K | $338K | 20x | as long as short |
| OKX KGEN-USDT-SWAP | +0.0100% | 4h | 0.1611 | −0.087% | $194K | $125K | 10x | as long as short |
| Gate KGEN_USDT | +0.0100% | 4h | 0.1608 | −0.304% | $1.5M | $91K | 50x | as long as short |
| KuCoin KGENUSDTM | +0.0100% | 4h | 0.1610 | −0.130% | $737K | $1.6M | 50x | as long as short |
| Variational Omni KGEN | +0.0100% | 4h | 0.1613 | +0.020% | $5K | $1K | — | as long as short |
| SunX KGEN-USDT | +0.0100% | 4h | 0.1611 | −0.087% | $2K | $884K | 20x | as long as short |
| Bitget KGENUSDTlong | +0.0454% | 4h | 0.1612 | long leg | $1.7M | $176K | 50x | |
| BingX KGEN-USDTshort | +0.0522% | 4h | 0.1612 | −0.025% | — | $6.5M | — | |
| MEXC KGEN_USDT | +0.0550% | 4h | 0.1611 | −0.087% | $447K | $100K | 50x | as long as short |
| Binance KGENUSDT | +0.0553% | 4h | 0.1611 | −0.087% | $5.0M | $904K | 50x | as long as short |
Bybit KGENUSDT
OKX KGEN-USDT-SWAP
Gate KGEN_USDT
KuCoin KGENUSDTM
Variational Omni KGEN
SunX KGEN-USDT
MEXC KGEN_USDT
Binance KGENUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster KGENUSDT | +0.1025% | 4h | 0.1611 | −0.103% | $19K | $4K | 5x | as long as short |
Aster KGENUSDT