Funding you earn now, next payment 04:00 UTC+0.0455%/8h= +49.8% APRnext payment +$2.28 per $10,000 · paid last 24h +0.131%
Price spread now: Binance against Gate+0.221%7-day average +0.189% · you sell dearer than you buy
Net, funding: paid 7d − costs−$704as in the Funding arb table
Net, price: spread back to 7d avg − costs−$709as in the Price arb table
costs, in and out, $10k−$7137.126% of the position
Funding, last 7 days+0.086%+$9 on $10k
+Price spread, last 7 days−0.019%−$2 · spread now +0.221%, 7d avg +0.189%
=Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and Binance is 0.032% dearer against Gate than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.189%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.086% in total (about 4.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.28 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 | Gate KGEN_USDT | 0.1608 | 0.0100 | pay 0.0050% / 4h | 2h 09m | $1.5M | $91K | 50x |
| Short | Binance KGENUSDT | 0.1612 | 0.0555 | get 0.0278% / 4h | 2h 09m | $5.0M | $904K | 50x |
Gate KGEN_USDT
Binance KGENUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Gate. 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
- $95.59
- Price spread: +0.221% → +0.189%
- $3.18
- Slippage, 4 orders
- −$687.62
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$613.85
- Costs to cover
- 7.126%
- Break-even
- 52.0 days
Slippage from Gate: live order book, 3 min ago; Binance: 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 Gate live order book, 3 min ago | 9.01 bp | 280.4 bp −$280 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 13 min ago | 3.10 bp | 45.7 bp −$46 | 176.6 bp −$1,766 | doesn't fit | doesn't fit |
KGEN on 11 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 | 0.1611 | +0.180% | $750K | $338K | 20x | as long as short |
| OKX KGEN-USDT-SWAP | +0.0100% | 4h | 0.1611 | +0.162% | $194K | $125K | 10x | as long as short |
| Gate KGEN_USDTlong | +0.0100% | 4h | 0.1608 | long leg | $1.5M | $91K | 50x | |
| KuCoin KGENUSDTM | +0.0100% | 4h | 0.1611 | +0.137% | $734K | $1.6M | 50x | as long as short |
| Variational Omni KGEN | +0.0100% | 4h | 0.1613 | +0.268% | $5K | $1K | — | as long as short |
| SunX KGEN-USDT | +0.0100% | 4h | 0.1609 | +0.037% | $2K | $884K | 20x | as long as short |
| Bitget KGENUSDT | +0.0456% | 4h | 0.1611 | +0.180% | $1.7M | $176K | 50x | as long as short |
| BingX KGEN-USDT | +0.0522% | 4h | 0.1612 | +0.224% | — | $6.6M | — | as long as short |
| MEXC KGEN_USDT | +0.0552% | 4h | 0.1612 | +0.224% | $447K | $100K | 50x | as long as short |
| Binance KGENUSDTshort | +0.0555% | 4h | 0.1612 | +0.221% | $5.0M | $904K | 50x |
Bybit KGENUSDT
OKX KGEN-USDT-SWAP
KuCoin KGENUSDTM
Variational Omni KGEN
SunX KGEN-USDT
Bitget KGENUSDT
BingX KGEN-USDT
MEXC KGEN_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster KGENUSDT | +0.1028% | 4h | 0.1611 | +0.140% | $19K | $4K | 5x | as long as short |
Aster KGENUSDT