Funding you earn now, next payment 00:00 UTC−0.0639%/8h= −70.0% APRnext payment −$3.19 per $10,000 · paid last 24h −0.185%
Price spread now: OKX against BloFin+0.062%7-day average −0.064% · you sell dearer than you buy
Net, funding: paid 7d − costs−$302as in the Funding arb table
Net, price: spread back to 7d avg − costs−$255as in the Price arb table
costs, in and out, $10k−$2672.672% of the position
Funding, last 7 days−0.345%−$35 on $10k
+Price spread, last 3 days (all we have)−0.022%−$2 · spread now +0.062%, 7d avg −0.064%
=The price spread pays, funding is against you. OKX is 0.127% dearer against BloFin than usual: you sell high and buy low (spread +0.062% now, against its 7-day average of −0.064%): +$13 on $10k if it goes back. Holding the pair costs −$19 a day in funding at the current rate, which eats that in about 16 hours. At the pace of the last 7 days (−0.345% in total) that is about 2.6 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.345% in total (about -18.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.19 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 | BloFin KGEN-USDT | 0.1600 | 0.0739 | pay 0.0369% / 4h | 1h 29m | $223K | $18K | 50x |
| Short | OKX KGEN-USDT-SWAP | 0.1601 | 0.0100 | get 0.0050% / 4h | 1h 29m | $193K | $129K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$134.17
- Price spread: +0.062% → −0.064%
- $12.68
- Slippage, 4 orders
- −$245.2
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$388.68
- Costs to cover
- 2.672%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 46 min ago; OKX: live order book, 51 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, 46 min ago | 12.48 bp | 30.0 bp −$30 | 115.4 bp −$1,154 | doesn't fit | doesn't fit |
| Sell OKX live order book, 51 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 | 0.1599 | −0.063% | $741K | $329K | 20x | as long as short |
| OKX KGEN-USDT-SWAPshort | +0.0100% | 4h | 0.1601 | +0.062% | $193K | $129K | 10x | |
| KuCoin KGENUSDTM | +0.0100% | 4h | 0.1600 | 0.000% | $724K | $1.5M | 50x | as long as short |
| Variational Omni KGEN | +0.0100% | 4h | 0.1599 | −0.075% | $5K | $1K | — | as long as short |
| SunX KGEN-USDT | +0.0100% | 4h | 0.1595 | −0.294% | $2K | $858K | 20x | as long as short |
| Bitget KGENUSDT | +0.0280% | 4h | 0.1602 | +0.144% | $1.7M | $175K | 50x | as long as short |
| BingX KGEN-USDT | +0.0706% | 4h | 0.1600 | 0.000% | — | $6.5M | — | as long as short |
| Binance KGENUSDT | +0.0727% | 4h | 0.1600 | +0.027% | $4.9M | $904K | 50x | as long as short |
| MEXC KGEN_USDT | +0.0732% | 4h | 0.1600 | 0.000% | $436K | $96K | 50x | as long as short |
| BloFin KGEN-USDTlong | +0.0739% | 4h | 0.1600 | long leg | $223K | $18K | 50x |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster KGENUSDT | +0.1162% | 4h | 0.1600 | +0.016% | $19K | $5K | 5x | as long as short |
| Gate KGEN_USDT | +0.1488% | 4h | 0.1593 | −0.431% | $1.5M | $95K | 50x | as long as short |
BloFin KGEN-USDT
OKX KGEN-USDT-SWAP
Bybit KGENUSDT
KuCoin KGENUSDTM
Variational Omni KGEN
SunX KGEN-USDT
Bitget KGENUSDT
BingX KGEN-USDT
Binance KGENUSDT
MEXC KGEN_USDT
Aster KGENUSDT
Gate KGEN_USDT