Funding you earn now, next payment 00:00 UTC−0.0515%/8h= −56.4% APRnext payment −$2.57 per $10,000 · paid last 24h −0.188%
Price spread now: Bybit against BloFin+0.062%7-day average −0.063% · you sell dearer than you buy
Net, funding: paid 7d − costs−$358as in the Funding arb table
Net, price: spread back to 7d avg − costs−$308as in the Price arb table
costs, in and out, $10k−$3203.203% of the position
Funding, last 7 days−0.375%−$38 on $10k
+Price spread, last 3 days (all we have)−0.094%−$9 · spread now +0.062%, 7d avg −0.063%
=The price spread pays, funding is against you. Bybit is 0.125% dearer against BloFin than usual: you sell high and buy low (spread +0.062% now, against its 7-day average of −0.063%): +$12 on $10k if it goes back. Holding the pair costs −$15 a day in funding at the current rate, which eats that in about 19 hours. At the pace of the last 7 days (−0.375% in total) that is about 2.3 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin KGEN-USDT | 0.1607 | 0.0615 | pay 0.0307% / 4h | 5m 21s | $221K | $18K | 50x |
| Short | Bybit KGENUSDT | 0.1608 | 0.0100 | get 0.0050% / 4h | 5m 21s | $746K | $327K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$108.11
- Price spread: +0.062% → −0.063%
- $12.49
- Slippage, 4 orders
- −$297.26
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$415.89
- Costs to cover
- 3.203%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 65 min ago; Bybit: live order book, 4 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, 65 min ago | 6.26 bp | 34.3 bp −$34 | 124.3 bp −$1,243 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 6.22 bp | 124.3 bp −$124 | 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 | 0.1608 | +0.062% | $746K | $327K | 20x | |
| OKX KGEN-USDT-SWAP | +0.0100% | 4h | 0.1606 | −0.062% | $193K | $121K | 10x | as long as short |
| Variational Omni KGEN | +0.0100% | 4h | 0.1609 | +0.111% | $5K | $1K | — | as long as short |
| SunX KGEN-USDT | +0.0100% | 4h | 0.1606 | −0.068% | $2K | $858K | 20x | as long as short |
| Bitget KGENUSDT | +0.0116% | 4h | 0.1612 | +0.292% | $1.7M | $162K | 50x | as long as short |
| KuCoin KGENUSDTM | +0.0138% | 4h | 0.1610 | +0.168% | $735K | $1.5M | 50x | as long as short |
| BingX KGEN-USDT | +0.0611% | 4h | 0.1609 | +0.124% | — | $6.5M | — | as long as short |
| BloFin KGEN-USDTlong | +0.0615% | 4h | 0.1607 | long leg | $221K | $18K | 50x | |
| Binance KGENUSDT | +0.0618% | 4h | 0.1609 | +0.125% | $4.9M | $881K | 50x | as long as short |
| MEXC KGEN_USDT | +0.0622% | 4h | 0.1608 | +0.062% | $450K | $99K | 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 | +0.1142% | 4h | 0.1608 | +0.075% | $19K | $4K | 5x | as long as short |
| Gate KGEN_USDT | +0.1158% | 4h | 0.1604 | −0.193% | $1.5M | $94K | 50x | as long as short |
BloFin KGEN-USDT
Bybit KGENUSDT
OKX KGEN-USDT-SWAP
Variational Omni KGEN
SunX KGEN-USDT
Bitget KGENUSDT
KuCoin KGENUSDTM
BingX KGEN-USDT
Binance KGENUSDT
MEXC KGEN_USDT
Aster KGENUSDT
Gate KGEN_USDT