Funding you earn now, next payment 00:00 UTC−0.1368%/8h= −149.8% APRnext payment −$6.84 per $10,000 · paid last 24h −0.019%
Price spread now: OKX against Gate+0.207%7-day average +0.180% · you sell dearer than you buy
Net, funding: paid 7d − costs−$800as in the Funding arb table
Net, price: spread back to 7d avg − costs−$773as in the Price arb table
costs, in and out, $10k−$7757.755% of the position
Funding, last 7 days−0.243%−$24 on $10k
+Price spread, last 4 days (all we have)−0.018%−$2 · spread now +0.207%, 7d avg +0.180%
=The price spread pays, funding is against you. OKX is 0.027% dearer against Gate than usual: you sell high and buy low (spread +0.207% now, against its 7-day average of +0.180%): +$3 on $10k if it goes back. Holding the pair costs −$41 a day in funding at the current rate, which eats that in about 2 hours. At the pace of the last 7 days (−0.243% in total) that is about 18 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.243% in total (about -12.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$6.84 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 | 0.1597 | 0.1468 | pay 0.0734% / 4h | 2h 35m | $1.5M | $96K | 50x |
| Short | OKX KGEN-USDT-SWAP | 0.1600 | 0.0100 | get 0.0050% / 4h | 2h 35m | $195K | $129K | 10x |
Gate KGEN_USDT
OKX KGEN-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$287.28
- Price spread: +0.207% → +0.180%
- $2.65
- Slippage, 4 orders
- −$750.45
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$1,060.08
- Costs to cover
- 7.755%
- Break-even
- never at this rate
Slippage from Gate: live order book, 2 min ago; OKX: live order book, 49 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 | 8.45 bp | 358.1 bp −$358 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 49 min ago | 9.42 bp | 66.2 bp −$66 | 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 KGENUSDT | +0.0100% | 4h | 0.1600 | +0.225% | $743K | $328K | 20x | as long as short |
| OKX KGEN-USDT-SWAPshort | +0.0100% | 4h | 0.1600 | +0.207% | $195K | $129K | 10x | |
| KuCoin KGENUSDTM | +0.0100% | 4h | 0.1600 | +0.200% | $720K | $1.5M | 50x | as long as short |
| Variational Omni KGEN | +0.0100% | 4h | 0.1601 | +0.266% | $5K | $1K | — | as long as short |
| SunX KGEN-USDT | +0.0100% | 4h | 0.1596 | −0.031% | $2K | $845K | 20x | as long as short |
| Bitget KGENUSDT | +0.0322% | 4h | 0.1600 | +0.225% | $1.7M | $176K | 50x | as long as short |
| BloFin KGEN-USDT | +0.0796% | 4h | 0.1600 | +0.207% | $224K | $18K | 50x | as long as short |
| BingX KGEN-USDT | +0.0800% | 4h | 0.1600 | +0.207% | — | $6.5M | — | as long as short |
| MEXC KGEN_USDT | +0.0866% | 4h | 0.1600 | +0.207% | $436K | $96K | 50x | as long as short |
| Binance KGENUSDT | +0.0881% | 4h | 0.1600 | +0.220% | $4.9M | $901K | 50x | as long as short |
Bybit KGENUSDT
KuCoin KGENUSDTM
Variational Omni KGEN
SunX KGEN-USDT
Bitget KGENUSDT
BloFin KGEN-USDT
BingX KGEN-USDT
MEXC KGEN_USDT
Binance KGENUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster KGENUSDT | +0.1062% | 4h | 0.1598 | +0.081% | $19K | $5K | 5x | as long as short |
| Gate KGEN_USDTlong | +0.1468% | 4h | 0.1597 | long leg | $1.5M | $96K | 50x |
Aster KGENUSDT