Funding you earn now, next payment 04:00 UTC+0.0438%/8h= +48.0% APRnext payment +$2.19 per $10,000 · paid last 24h +0.115%
Price spread now: BingX against Gate+0.162%7-day average +0.163% · you sell dearer than you buy
Net, funding: paid 7d − costs−$815as in the Funding arb table
Net, price: spread back to 7d avg − costs−$823as in the Price arb table
costs, in and out, $10k−$8238.225% of the position
Funding, last 7 days+0.073%+$7 on $10k
+Price spread, last 7 days+0.096%+$10 · spread now +0.162%, 7d avg +0.163%
=The price spread sits at its 7-day average of +0.163%, so right now this pair is about funding alone: +$13 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 0.073% in total (about 3.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.19 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 | 0.1602 | 0.0100 | pay 0.0050% / 4h | 2h 54m | $1.5M | $89K | 50x |
| Short | BingX KGEN-USDT | 0.1605 | 0.0538 | get 0.0269% / 4h | 2h 54m | — | $6.5M | — |
Gate KGEN_USDT
BingX KGEN-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- $91.98
- Price spread: +0.162% → +0.163%
- −$0.05
- Slippage, 4 orders
- −$797.54
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$730.61
- Costs to cover
- 8.225%
- Break-even
- 62.6 days
Slippage from Gate: live order book, 2 min ago; BingX: live order book, 11 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, 2 min ago | 9.94 bp | 328.0 bp −$328 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 11 min ago | 12.37 bp | 49.4 bp −$49 | 97.8 bp −$978 | 570.8 bp −$57.1K | 1178.3 bp −$589.2K |
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 KGENUSDT | +0.0100% | 4h | 0.1606 | +0.212% | $746K | $334K | 20x | as long as short |
| OKX KGEN-USDT-SWAP | +0.0100% | 4h | 0.1607 | +0.287% | $194K | $119K | 10x | as long as short |
| Gate KGEN_USDTlong | +0.0100% | 4h | 0.1602 | long leg | $1.5M | $89K | 50x | |
| KuCoin KGENUSDTM | +0.0100% | 4h | 0.1608 | +0.381% | $736K | $1.6M | 50x | as long as short |
| Variational Omni KGEN | +0.0100% | 4h | 0.1605 | +0.147% | $5K | $1K | — | as long as short |
| SunX KGEN-USDT | +0.0100% | 4h | 0.1603 | +0.050% | $3K | $875K | 20x | as long as short |
| Bitget KGENUSDT | +0.0344% | 4h | 0.1607 | +0.275% | $1.7M | $166K | 50x | as long as short |
| BloFin KGEN-USDT | +0.0524% | 4h | 0.1608 | +0.349% | $222K | $18K | 50x | as long as short |
| BingX KGEN-USDTshort | +0.0538% | 4h | 0.1605 | +0.162% | — | $6.5M | — | |
| MEXC KGEN_USDT | +0.0556% | 4h | 0.1605 | +0.162% | $450K | $97K | 50x | as long as short |
Bybit KGENUSDT
OKX KGEN-USDT-SWAP
KuCoin KGENUSDTM
Variational Omni KGEN
SunX KGEN-USDT
Bitget KGENUSDT
BloFin KGEN-USDT
MEXC KGEN_USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance KGENUSDT | +0.0558% | 4h | 0.1606 | +0.224% | $4.9M | $896K | 50x | as long as short |
| Aster KGENUSDT | +0.1076% | 4h | 0.1605 | +0.169% | $19K | $4K | 5x | as long as short |
Binance KGENUSDT
Aster KGENUSDT