Funding you earn now, next payment 00:00 UTC+0.0031%/8h= +3.4% APRnext payment +$0.16 per $10,000 · paid last 24h −0.004%
Price spread now: BloFin against MEXC0.000%79s7-day average +0.039% · you sell dearer than you buy
Net, funding: paid 7d − costs−$119as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1181.185% of the position
Funding, last 7 days−0.007%−$1 on $10k
+Price spread, last 3 days (all we have)+0.061%+$6 · spread now 0.000%, 7d avg +0.039%
=Funding pays, the price is against you. BloFin is 0.039% cheaper against MEXC than usual: you would sell low and buy high (spread 0.000% now, against its 7-day average of +0.039%). If the spread goes back, that is −$4 on $10k: about 4.2 days of funding at the current rate (+$1 a day). The two prices were read 79 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC KGEN_USDT | 0.1600 | 0.0736 | pay 0.0368% / 4h | 1h 29m | $436K | $96K | 50x |
| Short | BloFin KGEN-USDT | 0.1600 | 0.0767 | get 0.0384% / 4h | 1h 29m | $222K | $18K | 50x |
MEXC KGEN_USDT
BloFin KGEN-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $6.53
- Price spread: 0.000% → +0.039%
- −$3.88
- Slippage, 4 orders
- −$98.48
- Fee MEXC: 4 bp × 2 orders
- −$8
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$115.83
- Costs to cover
- 1.185%
- Break-even
- 131.2 days
Slippage from MEXC: live order book, 44 min ago; BloFin: live order book, 46 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 MEXC live order book, 44 min ago | 6.24 bp | 20.5 bp −$21 | 169.3 bp −$1,693 | 495.5 bp −$49.5K | doesn't fit |
| Sell BloFin live order book, 46 min ago | 12.48 bp | 46.5 bp −$46 | 115.9 bp −$1,159 | 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 | 0.1599 | −0.063% | $741K | $329K | 20x | as long as short |
| OKX KGEN-USDT-SWAP | +0.0100% | 4h | 0.1601 | +0.062% | $193K | $130K | 10x | as long as short |
| KuCoin KGENUSDTM | +0.0100% | 4h | 0.1600 | −0.019% | $725K | $1.5M | 50x | as long as short |
| Variational Omni KGEN | +0.0100% | 4h | 0.1599 | −0.075% | $5K | $1K | — | as long as short |
| SunX KGEN-USDT | +0.0100% | 4h | 0.1595 | −0.331% | $3K | $858K | 20x | as long as short |
| Bitget KGENUSDT | +0.0284% | 4h | 0.1602 | +0.125% | $1.7M | $175K | 50x | as long as short |
| BingX KGEN-USDT | +0.0706% | 4h | 0.1599 | −0.063% | — | $6.5M | — | as long as short |
| Binance KGENUSDT | +0.0734% | 4h | 0.1600 | +0.007% | $4.9M | $904K | 50x | as long as short |
| MEXC KGEN_USDTlong | +0.0736% | 4h | 0.1600 | long leg | $436K | $96K | 50x | |
| BloFin KGEN-USDTshort | +0.0767% | 4h | 0.1600 | 0.000% | $222K | $18K | 50x |
Bybit KGENUSDT
OKX KGEN-USDT-SWAP
KuCoin KGENUSDTM
Variational Omni KGEN
SunX KGEN-USDT
Bitget KGENUSDT
BingX KGEN-USDT
Binance KGENUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster KGENUSDT | +0.1163% | 4h | 0.1600 | +0.017% | $19K | $5K | 5x | as long as short |
| Gate KGEN_USDT | +0.1498% | 4h | 0.1593 | −0.419% | $1.5M | $95K | 50x | as long as short |
Aster KGENUSDT
Gate KGEN_USDT