KGEN

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0563%/8h= +61.7% APRnext payment +$2.82 per $10,000 · paid last 24h +0.193%

Price spread now: Binance against Bybit+0.068%7-day average +0.029% · you sell dearer than you buy

Net, funding: paid 7d − costs−$359as in the Funding arb table

Net, price: spread back to 7d avg − costs−$393as in the Price arb table

costs, in and out, $10k−$3973.973% of the position

Long on Bybit Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.386%+$39 on $10k

Price spread, last 4 days (all we have)−0.008%−$1 · spread now +0.068%, 7d avg +0.029%

Together, before fees+0.378%+$38 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$17 a day on $10k at the current rate, and Binance is 0.039% dearer against Bybit than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.029%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.386% in total (about 20.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.82 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	Bybit KGENUSDT	0.1597	0.0100	pay 0.0050% / 4h	1h 12m	$740K	$329K	20x
Short	Binance KGENUSDT	0.1598	0.0663	get 0.0332% / 4h	1h 12m	$4.9M	$905K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Bybit. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BybitbpFee BinancebpOrdersPrice spread, now +0.068%Rate

Funding earned: $118.3
Price spread: +0.068% → +0.029%: $3.91
Slippage, 4 orders: −$376.29
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Binance: 5 bp × 2 orders: −$10
Net: −$275.08
Costs to cover: 3.973%
Break-even: 23.3 days

Slippage from Bybit: live order book, 2 min ago; Binance: live order book, 10 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 Bybit live order book, 2 min ago	6.26 bp	169.6 bp −$170	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 10 min ago	3.13 bp	40.4 bp −$40	186.3 bp −$1,863	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 KGENUSDTlong	+0.0100%	4h	0.1597	long leg	$740K	$329K	20x
OKX KGEN-USDT-SWAP	+0.0100%	4h	0.1602	+0.319%	$193K	$127K	10x	as long as short
KuCoin KGENUSDTM	+0.0100%	4h	0.1598	+0.081%	$726K	$1.5M	50x	as long as short
Variational Omni KGEN	+0.0100%	4h	0.1598	+0.056%	$5K	$1K	—	as long as short
SunX KGEN-USDT	+0.0100%	4h	0.1594	−0.207%	$2K	$859K	20x	as long as short
Bitget KGENUSDT	+0.0232%	4h	0.1599	+0.119%	$1.7M	$175K	50x	as long as short
BloFin KGEN-USDT	+0.0635%	4h	0.1600	+0.194%	$222K	$18K	50x	as long as short
MEXC KGEN_USDT	+0.0662%	4h	0.1598	+0.069%	$435K	$97K	50x	as long as short
Binance KGENUSDTshort	+0.0663%	4h	0.1598	+0.068%	$4.9M	$905K	50x
BingX KGEN-USDT	+0.0664%	4h	0.1598	+0.069%	—	$6.5M	—	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster KGENUSDT	+0.1141%	4h	0.1597	+0.027%	$19K	$5K	5x	as long as short
Gate KGEN_USDT	+0.1362%	4h	0.1595	−0.144%	$1.5M	$95K	50x	as long as short