Funding you earn now, next payment 08:00 UTC−0.0268%/8h= −29.3% APRnext payment −$1.34 per $10,000 · paid last 24h −0.197%
Price spread now: Bybit against MEXC−0.134%7-day average −0.022% · you buy dearer than you sell
Net, funding: paid 7d − costs−$364as in the Funding arb table
Net, price: spread back to 7d avg − costs−$332as in the Price arb table
costs, in and out, $10k−$3213.205% of the position
Funding, last 7 days−0.431%−$43 on $10k
+Price spread, last 4 days (all we have)+0.135%+$14 · spread now −0.134%, 7d avg −0.022%
=Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Bybit is 0.112% cheaper against MEXC than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of −0.022%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC KGEN_USDT | 0.1638 | 0.0368 | pay 0.0184% / 4h | 42m 42s | $462K | $107K | 50x |
| Short | Bybit KGENUSDT | 0.1636 | 0.0100 | get 0.0050% / 4h | 42m 42s | $756K | $326K | 20x |
MEXC KGEN_USDT
Bybit KGENUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$56.28
- Price spread: −0.134% → −0.022%
- −$11.18
- Slippage, 4 orders
- −$301.51
- Fee MEXC: 4 bp × 2 orders
- −$8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$387.98
- Costs to cover
- 3.205%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 43 min ago; Bybit: live order book, 57 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, 43 min ago | 3.06 bp | 19.8 bp −$20 | 174.1 bp −$1,741 | 386.2 bp −$38.6K | doesn't fit |
| Sell Bybit live order book, 57 min ago | 6.09 bp | 150.8 bp −$151 | 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 KGENUSDTshort | +0.0100% | 4h | 0.1636 | −0.134% | $756K | $326K | 20x | |
| OKX KGEN-USDT-SWAP | +0.0100% | 4h | 0.1640 | +0.122% | $199K | $122K | 10x | as long as short |
| Gate KGEN_USDT | +0.0100% | 4h | 0.1634 | −0.263% | $1.6M | $86K | 50x | as long as short |
| KuCoin KGENUSDTM | +0.0100% | 4h | 0.1637 | −0.037% | $748K | $1.9M | 50x | as long as short |
| Variational Omni KGEN | +0.0100% | 4h | 0.1638 | −0.019% | $5K | $1K | — | as long as short |
| SunX KGEN-USDT | +0.0100% | 4h | 0.1635 | −0.201% | $2K | $866K | 20x | as long as short |
| Bitget KGENUSDT | +0.0222% | 4h | 0.1635 | −0.177% | $1.7M | $158K | 50x | as long as short |
| Binance KGENUSDT | +0.0367% | 4h | 0.1637 | −0.061% | $5.0M | $828K | 50x | as long as short |
| MEXC KGEN_USDTlong | +0.0368% | 4h | 0.1638 | long leg | $462K | $107K | 50x | |
| BingX KGEN-USDT | +0.0374% | 4h | 0.1637 | −0.061% | — | $6.5M | — | as long as short |
OKX KGEN-USDT-SWAP
Gate KGEN_USDT
KuCoin KGENUSDTM
Variational Omni KGEN
SunX KGEN-USDT
Bitget KGENUSDT
Binance KGENUSDT
BingX KGEN-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin KGEN-USDT | +0.0428% | 4h | 0.1640 | +0.122% | $223K | $19K | 50x | as long as short |
| Aster KGENUSDT | +0.0910% | 4h | 0.1637 | −0.061% | $20K | $3K | 5x | as long as short |
BloFin KGEN-USDT
Aster KGENUSDT