Funding you earn now, next payment 04:00 UTC+0.0314%/8h= +34.4% APRnext payment +$1.57 per $10,000 · paid last 24h +0.129%
Price spread now: MEXC against Gate+0.264%7-day average +0.202% · you sell dearer than you buy
Net, funding: paid 7d − costs−$535as in the Funding arb table
Net, price: spread back to 7d avg − costs−$537as in the Price arb table
costs, in and out, $10k−$5435.433% of the position
Funding, last 7 days+0.082%+$8 on $10k
+Price spread, last 4 days (all we have)−0.045%−$4 · spread now +0.264%, 7d avg +0.202%
=Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and MEXC is 0.062% dearer against Gate than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.202%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.082% in total (about 4.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.57 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 | 0.1629 | 0.0246 | pay 0.0123% / 4h | 2m 22s | $1.5M | $85K | 50x |
| Short | MEXC KGEN_USDT | 0.1633 | 0.0560 | get 0.0280% / 4h | 2m 22s | $465K | $103K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $65.94
- Price spread: +0.264% → +0.202%
- $6.24
- Slippage, 4 orders
- −$520.32
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee MEXC: 4 bp × 2 orders
- −$8
- Net
- −$471.14
- Costs to cover
- 5.433%
- Break-even
- 57.0 days
Slippage from Gate: live order book, 5 min ago; MEXC: live order book, 38 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, 5 min ago | 8.59 bp | 203.6 bp −$204 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 38 min ago | 6.22 bp | 22.7 bp −$23 | 169.2 bp −$1,692 | 596.3 bp −$59.6K | 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 KGENUSDT | +0.0100% | 4h | 0.1632 | +0.221% | $752K | $313K | 20x | as long as short |
| OKX KGEN-USDT-SWAP | +0.0100% | 4h | 0.1629 | +0.018% | $198K | $121K | 10x | as long as short |
| KuCoin KGENUSDTM | +0.0100% | 4h | 0.1632 | +0.196% | $747K | $1.7M | 50x | as long as short |
| Variational Omni KGEN | +0.0100% | 4h | 0.1631 | +0.124% | $5K | $1K | — | as long as short |
| SunX KGEN-USDT | +0.0100% | 4h | 0.1629 | +0.031% | $2K | $849K | 20x | as long as short |
| Gate KGEN_USDTlong | +0.0246% | 4h | 0.1629 | long leg | $1.5M | $85K | 50x | |
| Bitget KGENUSDT | +0.0408% | 4h | 0.1636 | +0.418% | $1.7M | $174K | 50x | as long as short |
| BloFin KGEN-USDT | +0.0517% | 4h | 0.1635 | +0.387% | $225K | $19K | 50x | as long as short |
| BingX KGEN-USDT | +0.0556% | 4h | 0.1632 | +0.203% | — | $6.5M | — | as long as short |
| MEXC KGEN_USDTshort | +0.0560% | 4h | 0.1633 | +0.264% | $465K | $103K | 50x |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance KGENUSDT | +0.0561% | 4h | 0.1633 | +0.286% | $5.0M | $838K | 50x | as long as short |
| Aster KGENUSDT | +0.0966% | 4h | 0.1630 | +0.094% | $20K | $4K | 5x | as long as short |
Gate KGEN_USDT
MEXC KGEN_USDT
Bybit KGENUSDT
OKX KGEN-USDT-SWAP
KuCoin KGENUSDTM
Variational Omni KGEN
SunX KGEN-USDT
Bitget KGENUSDT
BloFin KGEN-USDT
BingX KGEN-USDT
Binance KGENUSDT
Aster KGENUSDT