Funding you earn now, next payment 00:00 UTC+0.0164%/8h= +18.0% APRnext payment +$0.82 per $10,000 · paid last 24h +0.051%
Price spread now: Bitget against Bybit+0.081%7-day average +0.028% · you sell dearer than you buy
Net, funding: paid 7d − costs−$509as in the Funding arb table
Net, price: spread back to 7d avg − costs−$509as in the Price arb table
costs, in and out, $10k−$5145.144% of the position
Funding, last 7 days+0.051%+$5 on $10k
+Price spread, last 4 days (all we have)−0.149%−$15 · spread now +0.081%, 7d avg +0.028%
=Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Bitget is 0.053% dearer against Bybit than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.028%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit KGENUSDT | 0.1599 | 0.0100 | pay 0.0050% / 4h | 1h 17m | $741K | $330K | 20x |
| Short | Bitget KGENUSDT | 0.1600 | 0.0264 | get 0.0132% / 4h | 1h 17m | $1.7M | $175K | 50x |
Bybit KGENUSDT
Bitget KGENUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Bybit. 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
- $34.44
- Price spread: +0.081% → +0.028%
- $5.34
- Slippage, 4 orders
- −$491.42
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$474.64
- Costs to cover
- 5.144%
- Break-even
- 103.5 days
Slippage from Bybit: live order book, 62 min ago; Bitget: 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 Bybit live order book, 62 min ago | 12.48 bp | 234.9 bp −$235 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 4 min ago | 5.30 bp | 47.2 bp −$47 | 313.2 bp −$3,132 | 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 | 0.1599 | long leg | $741K | $330K | 20x | |
| OKX KGEN-USDT-SWAP | +0.0100% | 4h | 0.1602 | +0.206% | $193K | $129K | 10x | as long as short |
| KuCoin KGENUSDTM | +0.0100% | 4h | 0.1599 | +0.031% | $728K | $1.5M | 50x | as long as short |
| Variational Omni KGEN | +0.0100% | 4h | 0.1599 | +0.006% | $5K | $1K | — | as long as short |
| SunX KGEN-USDT | +0.0100% | 4h | 0.1595 | −0.263% | $2K | $858K | 20x | as long as short |
| Bitget KGENUSDTshort | +0.0264% | 4h | 0.1600 | +0.081% | $1.7M | $175K | 50x | |
| BingX KGEN-USDT | +0.0684% | 4h | 0.1599 | +0.019% | — | $6.5M | — | as long as short |
| Binance KGENUSDT | +0.0691% | 4h | 0.1599 | +0.018% | $4.9M | $905K | 50x | as long as short |
| BloFin KGEN-USDT | +0.0691% | 4h | 0.1598 | −0.044% | $222K | $18K | 50x | as long as short |
| MEXC KGEN_USDT | +0.0698% | 4h | 0.1598 | −0.044% | $435K | $97K | 50x | as long as short |
OKX KGEN-USDT-SWAP
KuCoin KGENUSDTM
Variational Omni KGEN
SunX KGEN-USDT
BingX KGEN-USDT
Binance KGENUSDT
BloFin KGEN-USDT
MEXC KGEN_USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster KGENUSDT | +0.1161% | 4h | 0.1599 | +0.009% | $19K | $5K | 5x | as long as short |
| Gate KGEN_USDT | +0.1432% | 4h | 0.1596 | −0.188% | $1.5M | $95K | 50x | as long as short |
Aster KGENUSDT
Gate KGEN_USDT