Funding you earn now, next payment 04:00 UTC−0.0286%/8h= −31.3% APRnext payment −$1.43 per $10,000 · paid last 24h −0.150%
Price spread now: Bitget against MEXC−0.124%7-day average +0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$150as in the Funding arb table
Net, price: spread back to 7d avg − costs−$128as in the Price arb table
costs, in and out, $10k−$1151.146% of the position
Funding, last 7 days−0.356%−$36 on $10k
+Price spread, last 4 days (all we have)+0.063%+$6 · spread now −0.124%, 7d avg +0.009%
=Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Bitget is 0.132% cheaper against MEXC than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of +0.009%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC KGEN_USDT | 0.1619 | 0.0604 | pay 0.0302% / 4h | 3h 16m | $454K | $99K | 50x |
| Short | Bitget KGENUSDT | 0.1617 | 0.0318 | get 0.0159% / 4h | 3h 16m | $1.7M | $167K | 50x |
MEXC KGEN_USDT
Bitget KGENUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against MEXC. 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
- −$60.06
- Price spread: −0.124% → +0.009%
- −$13.24
- Slippage, 4 orders
- −$94.62
- Fee MEXC: 4 bp × 2 orders
- −$8
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$187.92
- Costs to cover
- 1.146%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 40 min ago; Bitget: live order book, just now.
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 MEXC live order book, 40 min ago | 6.18 bp | 21.3 bp −$21 | 167.9 bp −$1,679 | 545.4 bp −$54.5K | doesn't fit |
| Sell Bitget live order book, just now | 7.72 bp | 28.8 bp −$29 | 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 | 0.1616 | −0.154% | $750K | $334K | 20x | as long as short |
| OKX KGEN-USDT-SWAP | +0.0100% | 4h | 0.1619 | 0.000% | $196K | $122K | 10x | as long as short |
| KuCoin KGENUSDTM | +0.0100% | 4h | 0.1620 | +0.031% | $737K | $1.5M | 50x | as long as short |
| Variational Omni KGEN | +0.0100% | 4h | 0.1616 | −0.202% | $5K | $1K | — | as long as short |
| SunX KGEN-USDT | +0.0100% | 4h | 0.1615 | −0.222% | $2K | $881K | 20x | as long as short |
| Gate KGEN_USDT | +0.0102% | 4h | 0.1613 | −0.364% | $1.5M | $93K | 50x | as long as short |
| Bitget KGENUSDTshort | +0.0318% | 4h | 0.1617 | −0.124% | $1.7M | $167K | 50x | |
| BloFin KGEN-USDT | +0.0559% | 4h | 0.1617 | −0.124% | $223K | $19K | 50x | as long as short |
| BingX KGEN-USDT | +0.0600% | 4h | 0.1618 | −0.062% | — | $6.5M | — | as long as short |
| MEXC KGEN_USDTlong | +0.0604% | 4h | 0.1619 | long leg | $454K | $99K | 50x |
Bybit KGENUSDT
OKX KGEN-USDT-SWAP
KuCoin KGENUSDTM
Variational Omni KGEN
SunX KGEN-USDT
Gate KGEN_USDT
BloFin KGEN-USDT
BingX KGEN-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance KGENUSDT | +0.0604% | 4h | 0.1618 | −0.062% | $5.0M | $900K | 50x | as long as short |
| Aster KGENUSDT | +0.1125% | 4h | 0.1614 | −0.330% | $19K | $4K | 5x | as long as short |
Binance KGENUSDT
Aster KGENUSDT