Funding you earn now, next payment 00:00 UTC+0.0118%/8h= +12.9% APRnext payment +$0.59 per $10,000 · paid last 24h +0.045%
Price spread now: Bitget against KuCoin+0.050%7-day average −0.132% · you sell dearer than you buy
Net, funding: paid 7d − costs−$446as in the Funding arb table
Net, price: spread back to 7d avg − costs−$419as in the Price arb table
costs, in and out, $10k−$4374.371% of the position
Funding, last 7 days−0.092%−$9 on $10k
+Price spread, last 7 days−0.364%−$36 · spread now +0.050%, 7d avg −0.132%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Bitget is 0.183% dearer against KuCoin than usual: you sell high and buy low: +$18 more if the spread goes back to its 7-day average of −0.132%. Mind the row above: over the last 7 days funding on this pair cost −0.092%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin KGENUSDTM | 0.1598 | 0.0100 | pay 0.0050% / 4h | 1h 10m | $727K | $1.5M | 50x |
| Short | Bitget KGENUSDT | 0.1599 | 0.0218 | get 0.0109% / 4h | 1h 10m | $1.7M | $175K | 50x |
KuCoin KGENUSDTM
Bitget KGENUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against KuCoin. 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
- $24.78
- Price spread: +0.050% → −0.132%
- $18.25
- Slippage, 4 orders
- −$413.15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$394.12
- Costs to cover
- 4.371%
- Break-even
- 118.3 days
Slippage from KuCoin: live order book, 5 min ago; Bitget: live order book, 1 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 KuCoin live order book, 5 min ago | 7.81 bp | 136.0 bp −$136 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 1 min ago | 6.57 bp | 31.6 bp −$32 | 302.2 bp −$3,022 | 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 | 0.1597 | −0.081% | $740K | $330K | 20x | as long as short |
| OKX KGEN-USDT-SWAP | +0.0100% | 4h | 0.1602 | +0.244% | $193K | $127K | 10x | as long as short |
| KuCoin KGENUSDTMlong | +0.0100% | 4h | 0.1598 | long leg | $727K | $1.5M | 50x | |
| Variational Omni KGEN | +0.0100% | 4h | 0.1598 | −0.019% | $5K | $1K | — | as long as short |
| SunX KGEN-USDT | +0.0100% | 4h | 0.1593 | −0.313% | $2K | $859K | 20x | as long as short |
| Bitget KGENUSDTshort | +0.0218% | 4h | 0.1599 | +0.050% | $1.7M | $175K | 50x | |
| Binance KGENUSDT | +0.0640% | 4h | 0.1597 | −0.069% | $4.9M | $905K | 50x | as long as short |
| BloFin KGEN-USDT | +0.0650% | 4h | 0.1597 | −0.069% | $222K | $18K | 50x | as long as short |
| MEXC KGEN_USDT | +0.0650% | 4h | 0.1597 | −0.069% | $435K | $97K | 50x | as long as short |
| BingX KGEN-USDT | +0.0664% | 4h | 0.1597 | −0.069% | — | $6.5M | — | as long as short |
Bybit KGENUSDT
OKX KGEN-USDT-SWAP
Variational Omni KGEN
SunX KGEN-USDT
Binance KGENUSDT
BloFin KGEN-USDT
MEXC KGEN_USDT
BingX KGEN-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster KGENUSDT | +0.1127% | 4h | 0.1597 | −0.086% | $19K | $5K | 5x | as long as short |
| Gate KGEN_USDT | +0.1352% | 4h | 0.1594 | −0.250% | $1.5M | $95K | 50x | as long as short |
Aster KGENUSDT
Gate KGEN_USDT