Funding you earn now, next payment 00:00 UTC−0.0411%/8h= −45.1% APRnext payment −$2.06 per $10,000 · paid last 24h −0.137%
Price spread now: Bitget against BloFin−0.094%115s7-day average −0.026% · you buy dearer than you sell
Net, funding: paid 7d − costs−$192as 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−$1601.597% of the position
Funding, last 7 days−0.324%−$32 on $10k
+Price spread, last 3 days (all we have)−0.022%−$2 · spread now −0.094%, 7d avg −0.026%
=Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and Bitget is 0.068% cheaper against BloFin than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.026%). Swap the legs. The two prices were read 115 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin KGEN-USDT | 0.1600 | 0.0635 | pay 0.0318% / 4h | 1h 11m | $222K | $18K | 50x |
| Short | Bitget KGENUSDT | 0.1598 | 0.0224 | get 0.0112% / 4h | 1h 11m | $1.7M | $175K | 50x |
BloFin KGEN-USDT
Bitget KGENUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against BloFin. 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
- −$86.41
- Price spread: −0.094% → −0.026%
- −$6.77
- Slippage, 4 orders
- −$135.66
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$252.83
- Costs to cover
- 1.597%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 64 min ago; Bitget: live order book, 1 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 BloFin live order book, 64 min ago | 12.48 bp | 30.0 bp −$30 | 115.4 bp −$1,154 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 1 min ago | 6.57 bp | 31.6 bp −$32 | 302.2 bp −$3,022 | 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 | 0.1596 | −0.231% | $740K | $329K | 20x | as long as short |
| OKX KGEN-USDT-SWAP | +0.0100% | 4h | 0.1602 | +0.125% | $193K | $127K | 10x | as long as short |
| KuCoin KGENUSDTM | +0.0100% | 4h | 0.1599 | −0.075% | $727K | $1.5M | 50x | as long as short |
| Variational Omni KGEN | +0.0100% | 4h | 0.1598 | −0.137% | $5K | $1K | — | as long as short |
| SunX KGEN-USDT | +0.0100% | 4h | 0.1593 | −0.431% | $2K | $859K | 20x | as long as short |
| Bitget KGENUSDTshort | +0.0224% | 4h | 0.1598 | −0.094% | $1.7M | $175K | 50x | |
| BloFin KGEN-USDTlong | +0.0635% | 4h | 0.1600 | long leg | $222K | $18K | 50x | |
| Binance KGENUSDT | +0.0650% | 4h | 0.1597 | −0.187% | $4.9M | $905K | 50x | as long as short |
| MEXC KGEN_USDT | +0.0662% | 4h | 0.1597 | −0.187% | $435K | $97K | 50x | as long as short |
| BingX KGEN-USDT | +0.0664% | 4h | 0.1598 | −0.125% | — | $6.5M | — | as long as short |
Bybit KGENUSDT
OKX KGEN-USDT-SWAP
KuCoin KGENUSDTM
Variational Omni KGEN
SunX KGEN-USDT
Binance KGENUSDT
MEXC KGEN_USDT
BingX KGEN-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster KGENUSDT | +0.1135% | 4h | 0.1597 | −0.186% | $19K | $5K | 5x | as long as short |
| Gate KGEN_USDT | +0.1354% | 4h | 0.1595 | −0.344% | $1.5M | $95K | 50x | as long as short |
Aster KGENUSDT
Gate KGEN_USDT