Funding you earn now, next payment 08:00 UTC+0.0232%/8h= +25.4% APRnext payment +$1.16 per $10,000 · paid last 24h +0.195%
Price spread now: Binance against OKX+0.065%7-day average +0.026% · you sell dearer than you buy
Net, funding: paid 7d − costs−$213as in the Funding arb table
Net, price: spread back to 7d avg − costs−$250as in the Price arb table
costs, in and out, $10k−$2532.534% of the position
Funding, last 7 days+0.404%+$40 on $10k
+Price spread, last 4 days (all we have)−0.027%−$3 · spread now +0.065%, 7d avg +0.026%
=Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Binance is 0.039% dearer against OKX than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.026%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX KGEN-USDT-SWAP | 0.1623 | 0.0100 | pay 0.0050% / 4h | 2h 22m | $198K | $117K | 10x |
| Short | Binance KGENUSDT | 0.1624 | 0.0332 | get 0.0166% / 4h | 2h 22m | $5.0M | $824K | 50x |
OKX KGEN-USDT-SWAP
Binance KGENUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against OKX. 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
- $48.68
- Price spread: +0.065% → +0.026%
- $3.88
- Slippage, 4 orders
- −$233.39
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$200.83
- Costs to cover
- 2.534%
- Break-even
- 35.9 days
Slippage from OKX: live order book, 22 min ago; Binance: live order book, 14 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 OKX live order book, 22 min ago | 12.30 bp | 74.5 bp −$75 | 30778.1 bp −$307.8K | 354997.8 bp −$35.50M | doesn't fit |
| Sell Binance live order book, 14 min ago | 6.14 bp | 49.1 bp −$49 | 205.2 bp −$2,052 | 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 | 0.1623 | −0.018% | $748K | $320K | 20x | as long as short |
| OKX KGEN-USDT-SWAPlong | +0.0100% | 4h | 0.1623 | long leg | $198K | $117K | 10x | |
| Gate KGEN_USDT | +0.0100% | 4h | 0.1620 | −0.203% | $1.5M | $85K | 50x | as long as short |
| KuCoin KGENUSDTM | +0.0100% | 4h | 0.1623 | −0.018% | $747K | $1.8M | 50x | as long as short |
| Variational Omni KGEN | +0.0100% | 4h | 0.1621 | −0.140% | $5K | $1K | — | as long as short |
| SunX KGEN-USDT | +0.0100% | 4h | 0.1622 | −0.086% | $2K | $853K | 20x | as long as short |
| Bitget KGENUSDT | +0.0128% | 4h | 0.1624 | +0.068% | $1.7M | $164K | 50x | as long as short |
| BloFin KGEN-USDT | +0.0291% | 4h | 0.1625 | +0.123% | $222K | $18K | 50x | as long as short |
| Binance KGENUSDTshort | +0.0332% | 4h | 0.1624 | +0.065% | $5.0M | $824K | 50x | |
| MEXC KGEN_USDT | +0.0340% | 4h | 0.1624 | +0.062% | $451K | $105K | 50x | as long as short |
Bybit KGENUSDT
Gate KGEN_USDT
KuCoin KGENUSDTM
Variational Omni KGEN
SunX KGEN-USDT
Bitget KGENUSDT
BloFin KGEN-USDT
MEXC KGEN_USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX KGEN-USDT | +0.0374% | 4h | 0.1623 | 0.000% | — | $6.5M | — | as long as short |
| Aster KGENUSDT | +0.0869% | 4h | 0.1624 | +0.041% | $20K | $2K | 5x | as long as short |
BingX KGEN-USDT
Aster KGENUSDT