Funding you earn now, next payment 08:00 UTC−0.0274%/8h= −30.0% APRnext payment −$1.37 per $10,000 · paid last 24h −0.194%
Price spread now: OKX against MEXC0.000%7-day average −0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs−$240as in the Funding arb table
Net, price: spread back to 7d avg − costs−$198as in the Price arb table
costs, in and out, $10k−$2002.004% of the position
Funding, last 7 days−0.401%−$40 on $10k
+Price spread, last 4 days (all we have)+0.024%+$2 · spread now 0.000%, 7d avg −0.021%
=The price spread pays, funding is against you. OKX is 0.021% dearer against MEXC than usual: you sell high and buy low (spread 0.000% now, against its 7-day average of −0.021%): +$2 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 6 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC KGEN_USDT | 0.1634 | 0.0374 | pay 0.0187% / 4h | 1h 31m | $453K | $108K | 50x |
| Short | OKX KGEN-USDT-SWAP | 0.1634 | 0.0100 | get 0.0050% / 4h | 1h 31m | $198K | $123K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$57.54
- Price spread: 0.000% → −0.021%
- $2.08
- Slippage, 4 orders
- −$182.36
- Fee MEXC: 4 bp × 2 orders
- −$8
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$255.83
- Costs to cover
- 2.004%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 59 min ago; OKX: live order book, 8 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, 59 min ago | 6.17 bp | 20.5 bp −$20 | 147.4 bp −$1,474 | 478.0 bp −$47.8K | doesn't fit |
| Sell OKX live order book, 8 min ago | 12.19 bp | 80.4 bp −$80 | 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 | 0.1634 | −0.024% | $754K | $326K | 20x | as long as short |
| OKX KGEN-USDT-SWAPshort | +0.0100% | 4h | 0.1634 | 0.000% | $198K | $123K | 10x | |
| KuCoin KGENUSDTM | +0.0100% | 4h | 0.1635 | +0.055% | $746K | $1.9M | 50x | as long as short |
| Variational Omni KGEN | +0.0100% | 4h | 0.1639 | +0.288% | $5K | $1K | — | as long as short |
| SunX KGEN-USDT | +0.0100% | 4h | 0.1631 | −0.153% | $2K | $869K | 20x | as long as short |
| Gate KGEN_USDT | +0.0110% | 4h | 0.1630 | −0.251% | $1.5M | $86K | 50x | as long as short |
| Bitget KGENUSDT | +0.0284% | 4h | 0.1635 | +0.061% | $1.7M | $165K | 50x | as long as short |
| Binance KGENUSDT | +0.0365% | 4h | 0.1634 | +0.020% | $5.0M | $845K | 50x | as long as short |
| MEXC KGEN_USDTlong | +0.0374% | 4h | 0.1634 | long leg | $453K | $108K | 50x | |
| BloFin KGEN-USDT | +0.0382% | 4h | 0.1641 | +0.428% | $223K | $19K | 50x | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX KGEN-USDT | +0.0390% | 4h | 0.1634 | 0.000% | — | $6.5M | — | as long as short |
| Aster KGENUSDT | +0.0987% | 4h | 0.1632 | −0.095% | $20K | $2K | 5x | as long as short |
MEXC KGEN_USDT
OKX KGEN-USDT-SWAP
Bybit KGENUSDT
KuCoin KGENUSDTM
Variational Omni KGEN
SunX KGEN-USDT
Gate KGEN_USDT
Bitget KGENUSDT
Binance KGENUSDT
BloFin KGEN-USDT
BingX KGEN-USDT
Aster KGENUSDT