Funding you earn now, next payment 00:00 UTC+0.1086%/8h= +118.9% APRnext payment +$5.43 per $10,000 · paid last 24h +0.019%
Price spread now: Gate against OKX−0.118%7-day average −0.181% · you buy dearer than you sell
Net, funding: paid 7d − costs−$844as in the Funding arb table
Net, price: spread back to 7d avg − costs−$862as in the Price arb table
costs, in and out, $10k−$8688.680% of the position
Funding, last 7 days+0.243%+$24 on $10k
+Price spread, last 4 days (all we have)−0.097%−$10 · spread now −0.118%, 7d avg −0.181%
=Both sides work for this trade now. Funding pays +$33 a day on $10k at the current rate, and Gate is 0.062% dearer against OKX than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.181%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.243% in total (about 12.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$5.43 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 | 0.1606 | 0.0100 | pay 0.0050% / 4h | 7m 21s | $193K | $120K | 10x |
| Short | Gate KGEN_USDT | 0.1604 | 0.1186 | get 0.0593% / 4h | 7m 21s | $1.5M | $94K | 50x |
OKX KGEN-USDT-SWAP
Gate KGEN_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $228.06
- Price spread: −0.118% → −0.181%
- $6.23
- Slippage, 4 orders
- −$843
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$633.7
- Costs to cover
- 8.680%
- Break-even
- 26.5 days
Slippage from OKX: live order book, 3 min ago; Gate: live order book, 5 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, 3 min ago | 9.33 bp | 80.1 bp −$80 | 24582.0 bp −$245.8K | 304370.2 bp −$30.44M | doesn't fit |
| Sell Gate live order book, 5 min ago | 6.54 bp | 374.3 bp −$374 | 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 | 0.1608 | +0.106% | $745K | $327K | 20x | as long as short |
| OKX KGEN-USDT-SWAPlong | +0.0100% | 4h | 0.1606 | long leg | $193K | $120K | 10x | |
| Variational Omni KGEN | +0.0100% | 4h | 0.1608 | +0.110% | $5K | $1K | — | as long as short |
| SunX KGEN-USDT | +0.0100% | 4h | 0.1607 | +0.044% | $2K | $859K | 20x | as long as short |
| Bitget KGENUSDT | +0.0112% | 4h | 0.1608 | +0.106% | $1.7M | $161K | 50x | as long as short |
| KuCoin KGENUSDTM | +0.0146% | 4h | 0.1608 | +0.137% | $731K | $1.5M | 50x | as long as short |
| BingX KGEN-USDT | +0.0622% | 4h | 0.1608 | +0.125% | — | $6.5M | — | as long as short |
| MEXC KGEN_USDT | +0.0628% | 4h | 0.1608 | +0.125% | $450K | $99K | 50x | as long as short |
| Binance KGENUSDT | +0.0629% | 4h | 0.1609 | +0.187% | $4.9M | $881K | 50x | as long as short |
| BloFin KGEN-USDT | +0.0640% | 4h | 0.1609 | +0.187% | $222K | $18K | 50x | as long as short |
Bybit KGENUSDT
Variational Omni KGEN
SunX KGEN-USDT
Bitget KGENUSDT
KuCoin KGENUSDTM
BingX KGEN-USDT
MEXC KGEN_USDT
Binance KGENUSDT
BloFin KGEN-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster KGENUSDT | +0.1151% | 4h | 0.1606 | +0.006% | $19K | $5K | 5x | as long as short |
| Gate KGEN_USDTshort | +0.1186% | 4h | 0.1604 | −0.118% | $1.5M | $94K | 50x |
Aster KGENUSDT