KGEN

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.1146%/8h= −125.5% APRnext payment −$5.73 per $10,000 · paid last 24h −0.022%

Price spread now: Bybit against Gate+0.306%7-day average +0.182% · you sell dearer than you buy

Net, funding: paid 7d − costs−$1,055as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,015as in the Price arb table

costs, in and out, $10k−$1,02710.272% of the position

Long on Gate Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.274%−$27 on $10k

Price spread, last 4 days (all we have)−0.104%−$10 · spread now +0.306%, 7d avg +0.182%

Together, before fees−0.377%−$38 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Bybit is 0.123% dearer against Gate than usual: you sell high and buy low (spread +0.306% now, against its 7-day average of +0.182%): +$12 on $10k if it goes back. Holding the pair costs −$34 a day in funding at the current rate, which eats that in about 9 hours. At the pace of the last 7 days (−0.274% in total) that is about 3.2 days.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.274% in total (about -14.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$5.73 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	0.1604	0.1246	pay 0.0623% / 4h	11m 06s	$1.5M	$94K	50x
Short	Bybit KGENUSDT	0.1609	0.0100	get 0.0050% / 4h	11m 06s	$746K	$329K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against Gate. 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 GatebpFee BybitbpOrdersPrice spread, now +0.306%Rate

Funding earned: −$240.66
Price spread: +0.306% → +0.182%: $12.33
Slippage, 4 orders: −$1,001.23
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$1,255.56
Costs to cover: 10.272%
Break-even: never at this rate

Slippage from Gate: live order book, 1 min ago; Bybit: live order book, 64 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, 1 min ago	6.54 bp	344.2 bp −$344	doesn't fit	doesn't fit	doesn't fit
Sell Bybit live order book, 64 min ago	6.26 bp	139.1 bp −$139	doesn't fit	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 KGENUSDTshort	+0.0100%	4h	0.1609	+0.306%	$746K	$329K	20x
OKX KGEN-USDT-SWAP	+0.0100%	4h	0.1606	+0.131%	$193K	$123K	10x	as long as short
Variational Omni KGEN	+0.0100%	4h	0.1608	+0.241%	$5K	$1K	—	as long as short
SunX KGEN-USDT	+0.0100%	4h	0.1607	+0.168%	$2K	$861K	20x	as long as short
Bitget KGENUSDT	+0.0108%	4h	0.1608	+0.237%	$1.7M	$164K	50x	as long as short
KuCoin KGENUSDTM	+0.0162%	4h	0.1609	+0.330%	$729K	$1.5M	50x	as long as short
BingX KGEN-USDT	+0.0638%	4h	0.1608	+0.256%	—	$6.5M	—	as long as short
Binance KGENUSDT	+0.0641%	4h	0.1610	+0.398%	$4.9M	$887K	50x	as long as short
MEXC KGEN_USDT	+0.0646%	4h	0.1610	+0.380%	$451K	$99K	50x	as long as short
BloFin KGEN-USDT	+0.0672%	4h	0.1611	+0.443%	$223K	$18K	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	+0.1166%	4h	0.1607	+0.163%	$19K	$5K	5x	as long as short
Gate KGEN_USDTlong	+0.1246%	4h	0.1604	long leg	$1.5M	$94K	50x