Funding you earn now, next payment 00:00 UTC−0.0188%/8h= −20.6% APRnext payment −$0.94 per $10,000 · paid last 24h −0.049%
Price spread now: OKX against Bitget−0.025%7-day average −0.030% · you buy dearer than you sell
Net, funding: paid 7d − costs−$263as in the Funding arb table
Net, price: spread back to 7d avg − costs−$260as in the Price arb table
costs, in and out, $10k−$2612.609% of the position
Funding, last 7 days−0.021%−$2 on $10k
+Price spread, last 4 days (all we have)+0.056%+$6 · spread now −0.025%, 7d avg −0.030%
=The price spread sits at its 7-day average of −0.030%, so right now this pair is about funding alone: −$6 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.021% in total (about -1.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.94 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 | 0.1603 | 0.0288 | pay 0.0144% / 4h | 1h 52m | $1.7M | $179K | 50x |
| Short | OKX KGEN-USDT-SWAP | 0.1603 | 0.0100 | get 0.0050% / 4h | 1h 52m | $193K | $130K | 10x |
Bitget KGENUSDT
OKX KGEN-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$39.48
- Price spread: −0.025% → −0.030%
- $0.52
- Slippage, 4 orders
- −$238.86
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$299.82
- Costs to cover
- 2.609%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 4 min ago; OKX: live order book, 27 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 | 4.68 bp | 39.6 bp −$40 | 332.9 bp −$3,329 | doesn't fit | doesn't fit |
| Sell OKX live order book, 27 min ago | 9.37 bp | 95.4 bp −$95 | 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 KGENUSDT | +0.0100% | 4h | 0.1601 | −0.175% | $742K | $329K | 20x | as long as short |
| OKX KGEN-USDT-SWAPshort | +0.0100% | 4h | 0.1603 | −0.025% | $193K | $130K | 10x | |
| KuCoin KGENUSDTM | +0.0100% | 4h | 0.1603 | −0.056% | $728K | $1.5M | 50x | as long as short |
| Variational Omni KGEN | +0.0100% | 4h | 0.1601 | −0.158% | $5K | $1K | — | as long as short |
| SunX KGEN-USDT | +0.0100% | 4h | 0.1598 | −0.312% | $2K | $857K | 20x | as long as short |
| Bitget KGENUSDTlong | +0.0288% | 4h | 0.1603 | long leg | $1.7M | $179K | 50x | |
| BingX KGEN-USDT | +0.0792% | 4h | 0.1602 | −0.087% | — | $6.5M | — | as long as short |
| BloFin KGEN-USDT | +0.0795% | 4h | 0.1602 | −0.087% | $224K | $18K | 50x | as long as short |
| Binance KGENUSDT | +0.0808% | 4h | 0.1602 | −0.087% | $4.9M | $907K | 50x | as long as short |
| MEXC KGEN_USDT | +0.0810% | 4h | 0.1602 | −0.087% | $437K | $95K | 50x | as long as short |
Bybit KGENUSDT
KuCoin KGENUSDTM
Variational Omni KGEN
SunX KGEN-USDT
BingX KGEN-USDT
BloFin KGEN-USDT
Binance KGENUSDT
MEXC KGEN_USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster KGENUSDT | +0.1161% | 4h | 0.1600 | −0.199% | $19K | $5K | 5x | as long as short |
| Gate KGEN_USDT | +0.1580% | 4h | 0.1599 | −0.287% | $1.5M | $94K | 50x | as long as short |
Aster KGENUSDT
Gate KGEN_USDT