Settings8H · net · $10k
Funding arb · Price arb /

KGEN

all KGEN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0684%/8h= −74.9% APRnext payment $3.42 per $10,000 · paid last 24h −0.083%
Price spread now: SunX against Gate+0.209%7-day average +0.071% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.335%−$34 on $10k
Price spread, last 4 days (all we have)−0.111%−$11 · spread now +0.209%, 7d avg +0.071%
Together, before fees−0.446%−$45 on $10k · with fees, hour by hour
The price spread pays, funding is against you. SunX is 0.138% dearer against Gate than usual: you sell high and buy low (spread +0.209% now, against its 7-day average of +0.071%): +$14 on $10k if it goes back. Holding the pair costs −$21 a day in funding at the current rate, which eats that in about 16 hours. At the pace of the last 7 days (−0.335% in total) that is about 2.9 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.335% in total (about -17.5% a year). A funding rate is set anew for every payment; at this rate the next one is about $3.42 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate KGEN_USDT0.16250.0784pay 0.0392% / 4h3h 12m$1.5M$85K50x
ShortSunX KGEN-USDT0.16290.0100get 0.0050% / 4h3h 12m$2K$849K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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

Funding earned
−$143.64
Price spread: +0.209% → +0.071%
$13.82
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee SunX: 4 bp × 2 orders
−$8
Net
−$152.82
Costs to cover
0.230%
Break-even
never at this rate
Slippage unknown: Gate: live order book, 5 min ago; SunX: live order book, 70 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 5 min ago12.58 bp312.0 bp −$312doesn't fitdoesn't fitdoesn't fit
Sell SunX live order book, 70 min ago481.82 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

KGEN on 12 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit KGENUSDT+0.0100%4h0.1631+0.351%$752K$316K20xas long as short
OKX KGEN-USDT-SWAP+0.0100%4h0.1634+0.535%$199K$119K10xas long as short
KuCoin KGENUSDTM+0.0100%4h0.1630+0.295%$749K$1.8M50xas long as short
Variational Omni KGEN+0.0100%4h0.1632+0.395%$5K$1Kas long as short
SunX KGEN-USDTshort+0.0100%4h0.1629+0.209%$2K$849K20x
Bitget KGENUSDT+0.0210%4h0.1632+0.418%$1.7M$170K50xas long as short
BingX KGEN-USDT+0.0578%4h0.1632+0.412%$6.5Mas long as short
Binance KGENUSDT+0.0606%4h0.1632+0.427%$5.0M$822K50xas long as short
MEXC KGEN_USDT+0.0606%4h0.1632+0.412%$460K$103K50xas long as short
BloFin KGEN-USDT+0.0655%4h0.1631+0.351%$224K$19K50xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate KGEN_USDTlong+0.0784%4h0.1625long leg$1.5M$85K50x
Aster KGENUSDT+0.1123%4h0.1630+0.274%$20K$4K5xas long as short