Funding you earn now, next payment 00:00 UTC+0.0830%/8h= +90.9% APRnext payment +$4.15 per $10,000 · paid last 24h +0.189%
Price spread now: MEXC against OKX+0.062%7-day average +0.024% · you sell dearer than you buy
Net, funding: paid 7d − costs−$154as in the Funding arb table
Net, price: spread back to 7d avg − costs−$185as in the Price arb table
costs, in and out, $10k−$1891.890% of the position
Funding, last 7 days+0.352%+$35 on $10k
+Price spread, last 4 days (all we have)−0.032%−$3 · spread now +0.062%, 7d avg +0.024%
=Both sides work for this trade now. Funding pays +$25 a day on $10k at the current rate, and MEXC 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 +0.024%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.352% in total (about 18.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.15 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 | 0.1600 | 0.0100 | pay 0.0050% / 4h | 2h 20m | $193K | $130K | 10x |
| Short | MEXC KGEN_USDT | 0.1601 | 0.0930 | get 0.0465% / 4h | 2h 20m | $436K | $97K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $174.3
- Price spread: +0.062% → +0.024%
- $3.86
- Slippage, 4 orders
- −$170.97
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee MEXC: 4 bp × 2 orders
- −$8
- Net
- −$10.82
- Costs to cover
- 1.890%
- Break-even
- 7.4 days
Slippage from OKX: live order book, 64 min ago; MEXC: live order book, 62 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, 64 min ago | 9.42 bp | 83.1 bp −$83 | 22678.1 bp −$226.8K | 288620.6 bp −$28.86M | doesn't fit |
| Sell MEXC live order book, 62 min ago | 6.27 bp | 19.1 bp −$19 | 132.3 bp −$1,323 | 516.8 bp −$51.7K | 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 | 0.1602 | +0.125% | $743K | $330K | 20x | as long as short |
| OKX KGEN-USDT-SWAPlong | +0.0100% | 4h | 0.1600 | long leg | $193K | $130K | 10x | |
| KuCoin KGENUSDTM | +0.0100% | 4h | 0.1602 | +0.100% | $728K | $1.5M | 50x | as long as short |
| Variational Omni KGEN | +0.0100% | 4h | 0.1604 | +0.246% | $5K | $1K | — | as long as short |
| SunX KGEN-USDT | +0.0100% | 4h | 0.1599 | −0.075% | $2K | $849K | 20x | as long as short |
| Bitget KGENUSDT | +0.0302% | 4h | 0.1602 | +0.100% | $1.7M | $178K | 50x | as long as short |
| BingX KGEN-USDT | +0.0878% | 4h | 0.1602 | +0.125% | — | $6.5M | — | as long as short |
| Binance KGENUSDT | +0.0927% | 4h | 0.1601 | +0.062% | $4.9M | $906K | 50x | as long as short |
| MEXC KGEN_USDTshort | +0.0930% | 4h | 0.1601 | +0.062% | $436K | $97K | 50x | |
| BloFin KGEN-USDT | +0.0944% | 4h | 0.1605 | +0.313% | $224K | $18K | 50x | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster KGENUSDT | +0.1181% | 4h | 0.1598 | −0.125% | $19K | $5K | 5x | as long as short |
| Gate KGEN_USDT | +0.1604% | 4h | 0.1600 | −0.006% | $1.5M | $97K | 50x | as long as short |
OKX KGEN-USDT-SWAP
MEXC KGEN_USDT
Bybit KGENUSDT
KuCoin KGENUSDTM
Variational Omni KGEN
SunX KGEN-USDT
Bitget KGENUSDT
BingX KGEN-USDT
Binance KGENUSDT
BloFin KGEN-USDT
Aster KGENUSDT
Gate KGEN_USDT