KGEN

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0592%/8h= +64.9% APRnext payment +$2.96 per $10,000 · paid last 24h +0.137%

Price spread now: BloFin against Bitget−0.025%55s7-day average +0.026% · you buy dearer than you sell

Net, funding: paid 7d − costs−$115as 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−$1471.469% of the position

Long on Bitget Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.324%+$32 on $10k

Price spread, last 3 days (all we have)+0.107%+$11 · spread now −0.025%, 7d avg +0.026%

Together, before fees+0.432%+$43 on $10k · with fees, hour by hour

Funding pays, the price is against you. BloFin is 0.051% cheaper against Bitget than usual: you would sell low and buy high (spread −0.025% now, against its 7-day average of +0.026%). If the spread goes back, that is −$5 on $10k: about 7 hours of funding at the current rate (+$18 a day). At the pace of the last 7 days (+0.324% in total) that is about 27 hours. The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.324% in total (about 16.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.96 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	Bitget KGENUSDT	0.1606	0.0120	pay 0.0060% / 4h	28m 18s	$1.7M	$164K	50x
Short	BloFin KGEN-USDT	0.1606	0.0712	get 0.0356% / 4h	28m 18s	$222K	$18K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Bitget. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BitgetbpFee BloFinbpOrdersPrice spread, now −0.025%Rate

Funding earned: $124.42
Price spread: −0.025% → +0.026%: −$5.14
Slippage, 4 orders: −$122.95
Fee Bitget: 6 bp × 2 orders: −$12
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$27.67
Costs to cover: 1.469%
Break-even: 8.6 days

Slippage from Bitget: live order book, 4 min ago; BloFin: live order book, 42 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	6.54 bp	39.6 bp −$40	291.6 bp −$2,916	doesn't fit	doesn't fit
Sell BloFin live order book, 42 min ago	6.26 bp	37.6 bp −$38	104.3 bp −$1,043	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	0.1605	−0.118%	$744K	$328K	20x	as long as short
OKX KGEN-USDT-SWAP	+0.0100%	4h	0.1606	−0.025%	$193K	$122K	10x	as long as short
Variational Omni KGEN	+0.0100%	4h	0.1604	−0.161%	$5K	$1K	—	as long as short
SunX KGEN-USDT	+0.0100%	4h	0.1601	−0.336%	$2K	$856K	20x	as long as short
Bitget KGENUSDTlong	+0.0120%	4h	0.1606	long leg	$1.7M	$164K	50x
KuCoin KGENUSDTM	+0.0224%	4h	0.1605	−0.118%	$731K	$1.5M	50x	as long as short
BingX KGEN-USDT	+0.0674%	4h	0.1605	−0.087%	—	$6.5M	—	as long as short
BloFin KGEN-USDTshort	+0.0712%	4h	0.1606	−0.025%	$222K	$18K	50x
MEXC KGEN_USDT	+0.0718%	4h	0.1605	−0.087%	$449K	$98K	50x	as long as short
Binance KGENUSDT	+0.0719%	4h	0.1606	−0.054%	$4.9M	$884K	50x	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster KGENUSDT	+0.1256%	4h	0.1602	−0.285%	$19K	$5K	5x	as long as short
Gate KGEN_USDT	+0.1484%	4h	0.1600	−0.398%	$1.5M	$94K	50x	as long as short