KGEN

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0456%/8h= +49.9% APRnext payment +$2.28 per $10,000 · paid last 24h +0.191%

Price spread now: BloFin against KuCoin−0.141%7-day average +0.005% · you buy dearer than you sell

Net, funding: paid 7d − costs−$722as in the Funding arb table

Net, price: spread back to 7d avg − costs−$764as in the Price arb table

costs, in and out, $10k−$7507.496% of the position

Long on KuCoin Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.280%+$28 on $10k

Price spread, last 4 days (all we have)+0.164%+$16 · spread now −0.141%, 7d avg +0.005%

Together, before fees+0.444%+$44 on $10k · with fees, hour by hour

Funding pays, the price is against you. BloFin is 0.147% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.141% now, against its 7-day average of +0.005%). If the spread goes back, that is −$15 on $10k: about 26 hours of funding at the current rate (+$14 a day). At the pace of the last 7 days (+0.280% in total) that is about 3.7 days.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.280% in total (about 14.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.28 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	KuCoin KGENUSDTM	0.1627	0.0100	pay 0.0050% / 4h	2h 50m	$747K	$1.8M	50x
Short	BloFin KGEN-USDT	0.1625	0.0556	get 0.0278% / 4h	2h 50m	$224K	$18K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against KuCoin. 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 KuCoinbpFee BloFinbpOrdersPrice spread, now −0.141%Rate

Funding earned: $95.68
Price spread: −0.141% → +0.005%: −$14.68
Slippage, 4 orders: −$725.6
Fee KuCoin: 6 bp × 2 orders: −$12
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$668.6
Costs to cover: 7.496%
Break-even: 55.9 days

Slippage from KuCoin: live order book, 10 min ago; BloFin: live order book, 30 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, 10 min ago	7.66 bp	158.7 bp −$159	doesn't fit	doesn't fit	doesn't fit
Sell BloFin live order book, 30 min ago	12.26 bp	36.1 bp −$36	112.9 bp −$1,129	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	0.1628	+0.031%	$750K	$318K	20x	as long as short
OKX KGEN-USDT-SWAP	+0.0100%	4h	0.1629	+0.104%	$198K	$119K	10x	as long as short
KuCoin KGENUSDTMlong	+0.0100%	4h	0.1627	long leg	$747K	$1.8M	50x
Variational Omni KGEN	+0.0100%	4h	0.1627	−0.036%	$5K	$1K	—	as long as short
SunX KGEN-USDT	+0.0100%	4h	0.1624	−0.178%	$2K	$865K	20x	as long as short
Bitget KGENUSDT	+0.0198%	4h	0.1629	+0.111%	$1.7M	$167K	50x	as long as short
Gate KGEN_USDT	+0.0270%	4h	0.1623	−0.270%	$1.5M	$84K	50x	as long as short
MEXC KGEN_USDT	+0.0520%	4h	0.1627	−0.018%	$454K	$102K	50x	as long as short
BingX KGEN-USDT	+0.0520%	4h	0.1628	+0.043%	—	$6.5M	—	as long as short
Binance KGENUSDT	+0.0521%	4h	0.1628	+0.043%	$5.0M	$833K	50x	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin KGEN-USDTshort	+0.0556%	4h	0.1625	−0.141%	$224K	$18K	50x
Aster KGENUSDT	+0.1079%	4h	0.1626	−0.099%	$19K	$4K	5x	as long as short