Funding you earn now, next payment 12:00 UTC+0.0106%/8h= +11.6% APRnext payment +$0.53 per $10,000 · paid last 24h +0.195%
Price spread now: BloFin against OKX+0.245%7-day average +0.061% · you sell dearer than you buy
Net, funding: paid 7d − costs−$197as in the Funding arb table
Net, price: spread back to 7d avg − costs−$218as in the Price arb table
costs, in and out, $10k−$2362.363% of the position
Funding, last 7 days+0.393%+$39 on $10k
+Price spread, last 4 days (all we have)−0.255%−$26 · spread now +0.245%, 7d avg +0.061%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and BloFin is 0.184% dearer against OKX than usual: you sell high and buy low: +$18 more if the spread goes back to its 7-day average of +0.061%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX KGEN-USDT-SWAP | 0.1632 | 0.0100 | pay 0.0050% / 4h | 3h 55m | $201K | $131K | 10x |
| Short | BloFin KGEN-USDT | 0.1636 | 0.0206 | get 0.0103% / 4h | 3h 55m | $224K | $19K | 50x |
OKX KGEN-USDT-SWAP
BloFin KGEN-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $22.21
- Price spread: +0.245% → +0.061%
- $18.41
- Slippage, 4 orders
- −$214.34
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$195.73
- Costs to cover
- 2.363%
- Break-even
- 68.7 days
Slippage from OKX: live order book, 40 min ago; BloFin: live order book, 11 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, 40 min ago | 12.24 bp | 82.8 bp −$83 | 27398.0 bp −$274.0K | 327235.1 bp −$32.72M | doesn't fit |
| Sell BloFin live order book, 11 min ago | 6.12 bp | 41.5 bp −$41 | 126.9 bp −$1,269 | 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 | +0.061% | $753K | $335K | 20x | as long as short |
| OKX KGEN-USDT-SWAPlong | +0.0100% | 4h | 0.1632 | long leg | $201K | $131K | 10x | |
| Gate KGEN_USDT | +0.0100% | 4h | 0.1630 | −0.104% | $1.5M | $88K | 50x | as long as short |
| KuCoin KGENUSDTM | +0.0100% | 4h | 0.1633 | +0.055% | $747K | $2.0M | 50x | as long as short |
| Bitget KGENUSDT | +0.0100% | 4h | 0.1636 | +0.227% | $1.7M | $166K | 50x | as long as short |
| Variational Omni KGEN | +0.0100% | 4h | 0.1634 | +0.106% | $5K | $1K | — | as long as short |
| SunX KGEN-USDT | +0.0100% | 4h | 0.1631 | −0.049% | $2K | $887K | 20x | as long as short |
| Binance KGENUSDT | +0.0199% | 4h | 0.1633 | +0.061% | $5.0M | $851K | 50x | as long as short |
| MEXC KGEN_USDT | +0.0200% | 4h | 0.1634 | +0.123% | $449K | $107K | 50x | as long as short |
| BloFin KGEN-USDTshort | +0.0206% | 4h | 0.1636 | +0.245% | $224K | $19K | 50x |
Bybit KGENUSDT
Gate KGEN_USDT
KuCoin KGENUSDTM
Bitget KGENUSDT
Variational Omni KGEN
SunX KGEN-USDT
Binance KGENUSDT
MEXC KGEN_USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX KGEN-USDT | +0.0227% | 4h | 0.1634 | +0.123% | — | $6.6M | — | as long as short |
| Aster KGENUSDT | +0.0725% | 4h | 0.1634 | +0.101% | $20K | $3K | 5x | as long as short |
BingX KGEN-USDT
Aster KGENUSDT