Funding you earn now, next payment 04:00 UTC+0.0047%/8h= +5.2% APRnext payment +$0.24 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against BloFin−0.062%109s7-day average −0.039% · you buy dearer than you sell
Net, funding: paid 7d − costs−$105as 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−$1051.051% of the position
Funding, last 7 days+0.005%$0 on $10k
+Price spread, last 3 days (all we have)+0.025%+$2 · spread now −0.062%, 7d avg −0.039%
=Funding pays, the price is against you. MEXC is 0.023% cheaper against BloFin than usual: you would sell low and buy high (spread −0.062% now, against its 7-day average of −0.039%). If the spread goes back, that is −$2 on $10k: about 39 hours of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.005% in total) that is about 33 days. The two prices were read 109 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 | 0.1621 | 0.0537 | pay 0.0268% / 4h | 3h 07m | $223K | $18K | 50x |
| Short | MEXC KGEN_USDT | 0.1620 | 0.0584 | get 0.0292% / 4h | 3h 07m | $454K | $99K | 50x |
BloFin KGEN-USDT
MEXC KGEN_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $9.93
- Price spread: −0.062% → −0.039%
- −$2.31
- Slippage, 4 orders
- −$85.13
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee MEXC: 4 bp × 2 orders
- −$8
- Net
- −$97.51
- Costs to cover
- 1.051%
- Break-even
- 75.8 days
Slippage from BloFin: live order book, 58 min ago; MEXC: live order book, 48 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, 58 min ago | 3.11 bp | 31.2 bp −$31 | 121.8 bp −$1,218 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 48 min ago | 6.18 bp | 21.6 bp −$22 | 124.5 bp −$1,245 | 512.0 bp −$51.2K | 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 | 0.1618 | −0.160% | $751K | $330K | 20x | as long as short |
| OKX KGEN-USDT-SWAP | +0.0100% | 4h | 0.1618 | −0.185% | $196K | $118K | 10x | as long as short |
| KuCoin KGENUSDTM | +0.0100% | 4h | 0.1620 | −0.062% | $739K | $1.6M | 50x | as long as short |
| Variational Omni KGEN | +0.0100% | 4h | 0.1616 | −0.325% | $5K | $1K | — | as long as short |
| SunX KGEN-USDT | +0.0100% | 4h | 0.1617 | −0.253% | $2K | $868K | 20x | as long as short |
| Gate KGEN_USDT | +0.0110% | 4h | 0.1613 | −0.463% | $1.5M | $93K | 50x | as long as short |
| Bitget KGENUSDT | +0.0320% | 4h | 0.1619 | −0.123% | $1.7M | $166K | 50x | as long as short |
| BloFin KGEN-USDTlong | +0.0537% | 4h | 0.1621 | long leg | $223K | $18K | 50x | |
| BingX KGEN-USDT | +0.0566% | 4h | 0.1619 | −0.123% | — | $6.5M | — | as long as short |
| MEXC KGEN_USDTshort | +0.0584% | 4h | 0.1620 | −0.062% | $454K | $99K | 50x |
Bybit KGENUSDT
OKX KGEN-USDT-SWAP
KuCoin KGENUSDTM
Variational Omni KGEN
SunX KGEN-USDT
Gate KGEN_USDT
Bitget KGENUSDT
BingX KGEN-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance KGENUSDT | +0.0587% | 4h | 0.1620 | −0.060% | $5.0M | $884K | 50x | as long as short |
| Aster KGENUSDT | +0.1114% | 4h | 0.1614 | −0.425% | $19K | $4K | 5x | as long as short |
Binance KGENUSDT
Aster KGENUSDT