KGEN

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0310%/8h= −33.9% APRnext payment −$1.55 per $10,000 · paid last 24h −0.129%

Price spread now: Gate against MEXC−0.367%7-day average −0.202% · you buy dearer than you sell

Net, funding: paid 7d − costs−$535as in the Funding arb table

Net, price: spread back to 7d avg − costs−$544as in the Price arb table

costs, in and out, $10k−$5275.273% of the position

Long on MEXC Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.082%−$8 on $10k

Price spread, last 4 days (all we have)+0.148%+$15 · spread now −0.367%, 7d avg −0.202%

Together, before fees+0.066%+$7 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Gate is 0.165% cheaper against MEXC than usual: you would sell low and buy high (−$17 if the spread goes back to its 7-day average of −0.202%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.082% in total (about -4.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.55 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	MEXC KGEN_USDT	0.1635	0.0560	pay 0.0280% / 4h	0m 58s	$466K	$103K	50x
Short	Gate KGEN_USDT	0.1629	0.0250	get 0.0125% / 4h	0m 58s	$1.5M	$85K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against MEXC. 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 MEXCbpFee GatebpOrdersPrice spread, now −0.367%Rate

Funding earned: −$65.1
Price spread: −0.367% → −0.202%: −$16.54
Slippage, 4 orders: −$504.27
Fee MEXC: 4 bp × 2 orders: −$8
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$608.91
Costs to cover: 5.273%
Break-even: never at this rate

Slippage from MEXC: live order book, 40 min ago; Gate: 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 MEXC live order book, 40 min ago	6.22 bp	20.0 bp −$20	121.8 bp −$1,218	544.6 bp −$54.5K	doesn't fit
Sell Gate live order book, 1 min ago	8.28 bp	281.3 bp −$281	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	0.1633	−0.110%	$752K	$313K	20x	as long as short
OKX KGEN-USDT-SWAP	+0.0100%	4h	0.1634	−0.061%	$198K	$121K	10x	as long as short
KuCoin KGENUSDTM	+0.0100%	4h	0.1633	−0.135%	$750K	$1.7M	50x	as long as short
Variational Omni KGEN	+0.0100%	4h	0.1635	−0.017%	$5K	$1K	—	as long as short
SunX KGEN-USDT	+0.0100%	4h	0.1631	−0.232%	$2K	$849K	20x	as long as short
Gate KGEN_USDTshort	+0.0250%	4h	0.1629	−0.367%	$1.5M	$85K	50x
Bitget KGENUSDT	+0.0402%	4h	0.1637	+0.128%	$1.7M	$174K	50x	as long as short
BloFin KGEN-USDT	+0.0508%	4h	0.1637	+0.122%	$225K	$19K	50x	as long as short
Binance KGENUSDT	+0.0550%	4h	0.1634	−0.061%	$5.0M	$840K	50x	as long as short
BingX KGEN-USDT	+0.0556%	4h	0.1635	0.000%	—	$6.5M	—	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC KGEN_USDTlong	+0.0560%	4h	0.1635	long leg	$466K	$103K	50x
Aster KGENUSDT	+0.0962%	4h	0.1629	−0.374%	$19K	$4K	5x	as long as short