KGEN

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0206%/8h= −22.6% APRnext payment −$1.03 per $10,000 · paid last 24h −0.068%

Price spread now: Bybit against Bitget−0.092%7-day average −0.036% · you buy dearer than you sell

Net, funding: paid 7d − costs−$363as in the Funding arb table

Net, price: spread back to 7d avg − costs−$361as in the Price arb table

costs, in and out, $10k−$3563.559% of the position

Long on Bitget Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.068%−$7 on $10k

Price spread, last 4 days (all we have)+0.152%+$15 · spread now −0.092%, 7d avg −0.036%

Together, before fees+0.084%+$8 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Bybit is 0.056% cheaper against Bitget than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.036%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.068% in total (about -3.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.03 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	0.1637	0.0306	pay 0.0153% / 4h	1h 07m	$1.7M	$159K	50x
Short	Bybit KGENUSDT	0.1635	0.0100	get 0.0050% / 4h	1h 07m	$755K	$324K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

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

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

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 BybitbpOrdersPrice spread, now −0.092%Rate

Funding earned: −$43.26
Price spread: −0.092% → −0.036%: −$5.56
Slippage, 4 orders: −$332.88
Fee Bitget: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$404.69
Costs to cover: 3.559%
Break-even: never at this rate

Slippage from Bitget: live order book, 4 min ago; Bybit: live order book, 32 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	10.69 bp	40.7 bp −$41	281.7 bp −$2,817	doesn't fit	doesn't fit
Sell Bybit live order book, 32 min ago	6.09 bp	150.8 bp −$151	doesn't fit	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 KGENUSDTshort	+0.0100%	4h	0.1635	−0.092%	$755K	$324K	20x
OKX KGEN-USDT-SWAP	+0.0100%	4h	0.1636	−0.043%	$198K	$122K	10x	as long as short
Gate KGEN_USDT	+0.0100%	4h	0.1632	−0.299%	$1.5M	$86K	50x	as long as short
KuCoin KGENUSDTM	+0.0100%	4h	0.1636	−0.055%	$750K	$1.9M	50x	as long as short
Variational Omni KGEN	+0.0100%	4h	0.1634	−0.183%	$5K	$1K	—	as long as short
SunX KGEN-USDT	+0.0100%	4h	0.1634	−0.189%	$2K	$868K	20x	as long as short
Bitget KGENUSDTlong	+0.0306%	4h	0.1637	long leg	$1.7M	$159K	50x
BingX KGEN-USDT	+0.0324%	4h	0.1637	+0.018%	—	$6.5M	—	as long as short
MEXC KGEN_USDT	+0.0336%	4h	0.1638	+0.079%	$455K	$110K	50x	as long as short
Binance KGENUSDT	+0.0343%	4h	0.1638	+0.078%	$5.0M	$838K	50x	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin KGEN-USDT	+0.0347%	4h	0.1637	+0.018%	$223K	$19K	50x	as long as short
Aster KGENUSDT	+0.0926%	4h	0.1636	−0.042%	$20K	$3K	5x	as long as short