Funding you earn now, next payment 12:00 UTC+0.0170%/8h= +18.6% APRnext payment +$0.85 per $10,000 · paid last 24h +0.163%
Price spread now: BingX against OKX−0.061%7-day average +0.017% · you buy dearer than you sell
Net, funding: paid 7d − costs−$172as in the Funding arb table
Net, price: spread back to 7d avg − costs−$220as in the Price arb table
costs, in and out, $10k−$2122.123% of the position
Funding, last 7 days+0.398%+$40 on $10k
+Price spread, last 4 days (all we have)+0.061%+$6 · spread now −0.061%, 7d avg +0.017%
=Funding pays, the price is against you. BingX is 0.078% cheaper against OKX than usual: you would sell low and buy high (spread −0.061% now, against its 7-day average of +0.017%). If the spread goes back, that is −$8 on $10k: about 37 hours of funding at the current rate (+$5 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX KGEN-USDT-SWAP | 0.1649 | 0.0100 | pay 0.0050% / 4h | 1h 57m | $207K | $186K | 10x |
| Short | BingX KGEN-USDT | 0.1648 | 0.0270 | get 0.0135% / 4h | 1h 57m | — | $6.5M | — |
OKX KGEN-USDT-SWAP
BingX KGEN-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- $35.7
- Price spread: −0.061% → +0.017%
- −$7.79
- Slippage, 4 orders
- −$192.25
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$184.34
- Costs to cover
- 2.123%
- Break-even
- 43.1 days
Slippage from OKX: live order book, 50 min ago; BingX: live order book, 7 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, 50 min ago | 9.30 bp | 54.7 bp −$55 | 18712.1 bp −$187.1K | 254567.1 bp −$25.46M | doesn't fit |
| Sell BingX live order book, 7 min ago | 12.11 bp | 52.0 bp −$52 | 120.5 bp −$1,205 | 642.6 bp −$64.3K | 1243.4 bp −$621.7K |
KGEN on 12 exchanges
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 | 0.1648 | −0.073% | $765K | $372K | 20x | as long as short |
| OKX KGEN-USDT-SWAPlong | +0.0100% | 4h | 0.1649 | long leg | $207K | $186K | 10x | |
| Gate KGEN_USDT | +0.0100% | 4h | 0.1644 | −0.291% | $1.6M | $77K | 50x | as long as short |
| KuCoin KGENUSDTM | +0.0100% | 4h | 0.1648 | −0.036% | $756K | $2.1M | 50x | as long as short |
| Bitget KGENUSDT | +0.0100% | 4h | 0.1647 | −0.103% | $1.7M | $160K | 50x | as long as short |
| Variational Omni KGEN | +0.0100% | 4h | 0.1648 | −0.084% | $5K | $1K | — | as long as short |
| SunX KGEN-USDT | +0.0100% | 4h | 0.1646 | −0.200% | $2K | $980K | 20x | as long as short |
| MEXC KGEN_USDT | +0.0266% | 4h | 0.1648 | −0.061% | $485K | $111K | 50x | as long as short |
| Binance KGENUSDT | +0.0267% | 4h | 0.1647 | −0.121% | $5.1M | $961K | 50x | as long as short |
| BingX KGEN-USDTshort | +0.0270% | 4h | 0.1648 | −0.061% | — | $6.5M | — |
Bybit KGENUSDT
Gate KGEN_USDT
KuCoin KGENUSDTM
Bitget KGENUSDT
Variational Omni KGEN
SunX KGEN-USDT
MEXC KGEN_USDT
Binance KGENUSDTShow all 12 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin KGEN-USDT | +0.0287% | 4h | 0.1651 | +0.121% | $223K | $19K | 50x | as long as short |
| Aster KGENUSDT | +0.0702% | 4h | 0.1648 | −0.063% | $20K | $3K | 5x | as long as short |
BloFin KGEN-USDT
Aster KGENUSDT