KGEN

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0692%/8h= +75.8% APRnext payment +$3.46 per $10,000 · paid last 24h +0.179%

Price spread now: BingX against Bybit+0.006%7-day average +0.013% · you sell dearer than you buy

Net, funding: paid 7d − costs−$482as in the Funding arb table

Net, price: spread back to 7d avg − costs−$520as in the Price arb table

costs, in and out, $10k−$5205.198% of the position

Long on Bybit Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.374%+$37 on $10k

Price spread, last 4 days (all we have)−0.040%−$4 · spread now +0.006%, 7d avg +0.013%

Together, before fees+0.334%+$33 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.013%, so right now this pair is about funding alone: +$21 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.374% in total (about 19.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.46 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	0.1602	0.0100	pay 0.0050% / 4h	1h 53m	$743K	$329K	20x
Short	BingX KGEN-USDT	0.1602	0.0792	get 0.0396% / 4h	1h 53m	—	$6.5M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX 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 BingXbpOrdersPrice spread, now +0.006%Rate

Funding earned: $145.32
Price spread: +0.006% → +0.013%: −$0.64
Slippage, 4 orders: −$498.8
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee BingX: 5 bp × 2 orders: −$10
Net: −$375.12
Costs to cover: 5.198%
Break-even: 25.1 days

Slippage from Bybit: live order book, 27 min ago; BingX: live order book, 13 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, 27 min ago	12.48 bp	234.9 bp −$235	doesn't fit	doesn't fit	doesn't fit
Sell BingX live order book, 13 min ago	12.50 bp	40.8 bp −$41	109.2 bp −$1,092	637.7 bp −$63.8K	1066.9 bp −$533.4K

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	0.1602	long leg	$743K	$329K	20x
OKX KGEN-USDT-SWAP	+0.0100%	4h	0.1603	+0.069%	$193K	$130K	10x	as long as short
KuCoin KGENUSDTM	+0.0100%	4h	0.1603	+0.056%	$729K	$1.5M	50x	as long as short
Variational Omni KGEN	+0.0100%	4h	0.1601	−0.065%	$5K	$1K	—	as long as short
SunX KGEN-USDT	+0.0100%	4h	0.1598	−0.218%	$2K	$857K	20x	as long as short
Bitget KGENUSDT	+0.0288%	4h	0.1603	+0.094%	$1.7M	$179K	50x	as long as short
BingX KGEN-USDTshort	+0.0792%	4h	0.1602	+0.006%	—	$6.5M	—
BloFin KGEN-USDT	+0.0795%	4h	0.1602	+0.006%	$224K	$18K	50x	as long as short
Binance KGENUSDT	+0.0808%	4h	0.1603	+0.071%	$4.9M	$907K	50x	as long as short
MEXC KGEN_USDT	+0.0810%	4h	0.1602	+0.006%	$437K	$95K	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	+0.1161%	4h	0.1600	−0.106%	$19K	$5K	5x	as long as short
Gate KGEN_USDT	+0.1580%	4h	0.1599	−0.194%	$1.5M	$94K	50x	as long as short