KGEN

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0812%/8h= +88.9% APRnext payment +$4.06 per $10,000 · paid last 24h +0.192%

Price spread now: MEXC against Bybit−0.125%7-day average +0.022% · you buy dearer than you sell

Net, funding: paid 7d − costs−$222as in the Funding arb table

Net, price: spread back to 7d avg − costs−$275as in the Price arb table

costs, in and out, $10k−$2602.599% of the position

Long on Bybit Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.383%+$38 on $10k

Price spread, last 4 days (all we have)+0.122%+$12 · spread now −0.125%, 7d avg +0.022%

Together, before fees+0.504%+$50 on $10k · with fees, hour by hour

Funding pays, the price is against you. MEXC is 0.147% cheaper against Bybit than usual: you would sell low and buy high (spread −0.125% now, against its 7-day average of +0.022%). If the spread goes back, that is −$15 on $10k: about 14 hours of funding at the current rate (+$24 a day). At the pace of the last 7 days (+0.383% in total) that is about 2.7 days.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.383% in total (about 19.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.06 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	0.1604	0.0100	pay 0.0050% / 4h	2h 25m	$745K	$330K	20x
Short	MEXC KGEN_USDT	0.1602	0.0912	get 0.0456% / 4h	2h 25m	$437K	$96K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now −0.125%Rate

Funding earned: $170.52
Price spread: −0.125% → +0.022%: −$14.68
Slippage, 4 orders: −$240.9
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee MEXC: 4 bp × 2 orders: −$8
Net: −$104.06
Costs to cover: 2.599%
Break-even: 11.3 days

Slippage from Bybit: live order book, 59 min ago; MEXC: live order book, 57 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, 59 min ago	6.27 bp	104.7 bp −$105	doesn't fit	doesn't fit	doesn't fit
Sell MEXC live order book, 57 min ago	6.27 bp	19.1 bp −$19	132.3 bp −$1,323	516.8 bp −$51.7K	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	0.1604	long leg	$745K	$330K	20x
OKX KGEN-USDT-SWAP	+0.0100%	4h	0.1600	−0.249%	$195K	$129K	10x	as long as short
KuCoin KGENUSDTM	+0.0100%	4h	0.1603	−0.062%	$727K	$1.5M	50x	as long as short
Variational Omni KGEN	+0.0100%	4h	0.1599	−0.285%	$5K	$1K	—	as long as short
SunX KGEN-USDT	+0.0100%	4h	0.1599	−0.305%	$2K	$849K	20x	as long as short
Bitget KGENUSDT	+0.0312%	4h	0.1603	−0.037%	$1.7M	$177K	50x	as long as short
BingX KGEN-USDT	+0.0864%	4h	0.1603	−0.062%	—	$6.5M	—	as long as short
BloFin KGEN-USDT	+0.0903%	4h	0.1603	−0.062%	$225K	$18K	50x	as long as short
MEXC KGEN_USDTshort	+0.0912%	4h	0.1602	−0.125%	$437K	$96K	50x
Binance KGENUSDT	+0.0918%	4h	0.1603	−0.071%	$4.9M	$905K	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	+0.1139%	4h	0.1598	−0.374%	$19K	$5K	5x	as long as short
Gate KGEN_USDT	+0.1580%	4h	0.1595	−0.542%	$1.5M	$96K	50x	as long as short