KGEN

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0212%/8h= +23.2% APRnext payment +$1.06 per $10,000 · paid last 24h +0.066%

Price spread now: Bitget against OKX−0.049%7-day average +0.034% · you buy dearer than you sell

Net, funding: paid 7d − costs−$249as in the Funding arb table

Net, price: spread back to 7d avg − costs−$261as in the Price arb table

costs, in and out, $10k−$2522.523% of the position

Long on OKX Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.038%+$4 on $10k

Price spread, last 4 days (all we have)−0.036%−$4 · spread now −0.049%, 7d avg +0.034%

Together, before fees+0.002%$0 on $10k · with fees, hour by hour

Funding pays, the price is against you. Bitget is 0.083% cheaper against OKX than usual: you would sell low and buy high (spread −0.049% now, against its 7-day average of +0.034%). If the spread goes back, that is −$8 on $10k: about 31 hours of funding at the current rate (+$6 a day). At the pace of the last 7 days (+0.038% in total) that is about 15 days.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.038% in total (about 2.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.06 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	OKX KGEN-USDT-SWAP	0.1641	0.0100	pay 0.0050% / 4h	1h 42m	$199K	$123K	10x
Short	Bitget KGENUSDT	0.1640	0.0312	get 0.0156% / 4h	1h 42m	$1.7M	$165K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against OKX. 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 OKXbpFee BitgetbpOrdersPrice spread, now −0.049%Rate

Funding earned: $44.52
Price spread: −0.049% → +0.034%: −$8.31
Slippage, 4 orders: −$230.32
Fee OKX: 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$216.11
Costs to cover: 2.523%
Break-even: 41.0 days

Slippage from OKX: live order book, 62 min ago; Bitget: live order book, 4 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, 62 min ago	12.30 bp	74.5 bp −$75	30778.1 bp −$307.8K	354997.8 bp −$35.50M	doesn't fit
Sell Bitget live order book, 4 min ago	10.06 bp	42.0 bp −$42	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	0.1641	−0.030%	$756K	$326K	20x	as long as short
OKX KGEN-USDT-SWAPlong	+0.0100%	4h	0.1641	long leg	$199K	$123K	10x
KuCoin KGENUSDTM	+0.0100%	4h	0.1640	−0.091%	$748K	$1.9M	50x	as long as short
Variational Omni KGEN	+0.0100%	4h	0.1638	−0.200%	$5K	$1K	—	as long as short
SunX KGEN-USDT	+0.0100%	4h	0.1638	−0.165%	$2K	$867K	20x	as long as short
Gate KGEN_USDT	+0.0106%	4h	0.1636	−0.293%	$1.6M	$86K	50x	as long as short
Bitget KGENUSDTshort	+0.0312%	4h	0.1640	−0.049%	$1.7M	$165K	50x
MEXC KGEN_USDT	+0.0376%	4h	0.1640	−0.061%	$455K	$107K	50x	as long as short
BingX KGEN-USDT	+0.0376%	4h	0.1640	−0.061%	—	$6.5M	—	as long as short
Binance KGENUSDT	+0.0379%	4h	0.1640	−0.043%	$5.1M	$842K	50x	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin KGEN-USDT	+0.0410%	4h	0.1639	−0.122%	$224K	$19K	50x	as long as short
Aster KGENUSDT	+0.0980%	4h	0.1634	−0.410%	$20K	$2K	5x	as long as short