Funding you earn now, next payment 08:00 UTC−0.0040%/8h= −4.4% APRnext payment −$0.20 per $10,000 · paid last 24h −0.001%
Price spread now: BloFin against Binance+0.244%71s7-day average +0.031% · you sell dearer than you buy
Net, funding: paid 7d − costs−$168as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1671.672% of the position
Funding, last 7 days−0.011%−$1 on $10k
+Price spread, last 4 days (all we have)−0.235%−$23 · spread now +0.244%, 7d avg +0.031%
=The price spread pays, funding is against you. BloFin is 0.213% dearer against Binance than usual: you sell high and buy low (spread +0.244% now, against its 7-day average of +0.031%): +$21 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 18 days. At the pace of the last 7 days (−0.011% in total) that is about 5 months. The two prices were read 71 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance KGENUSDT | 0.1637 | 0.0366 | pay 0.0183% / 4h | 1h 46m | $5.0M | $843K | 50x |
| Short | BloFin KGEN-USDT | 0.1641 | 0.0325 | get 0.0163% / 4h | 1h 46m | $225K | $19K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Binance. 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
- −$8.48
- Price spread: +0.244% → +0.031%
- $21.34
- Slippage, 4 orders
- −$145.15
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$154.29
- Costs to cover
- 1.672%
- Break-even
- never at this rate
Slippage from Binance: live order book, 6 min ago; BloFin: live order book, 30 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 Binance live order book, 6 min ago | 6.12 bp | 49.2 bp −$49 | 191.1 bp −$1,911 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 30 min ago | 3.06 bp | 47.5 bp −$48 | 130.6 bp −$1,306 | 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 | 0.1637 | −0.006% | $755K | $325K | 20x | as long as short |
| OKX KGEN-USDT-SWAP | +0.0100% | 4h | 0.1638 | +0.061% | $199K | $123K | 10x | as long as short |
| Gate KGEN_USDT | +0.0100% | 4h | 0.1635 | −0.153% | $1.6M | $85K | 50x | as long as short |
| KuCoin KGENUSDTM | +0.0100% | 4h | 0.1640 | +0.171% | $749K | $1.9M | 50x | as long as short |
| Variational Omni KGEN | +0.0100% | 4h | 0.1633 | −0.261% | $5K | $1K | — | as long as short |
| SunX KGEN-USDT | +0.0100% | 4h | 0.1638 | +0.049% | $2K | $866K | 20x | as long as short |
| Bitget KGENUSDT | +0.0306% | 4h | 0.1640 | +0.195% | $1.7M | $165K | 50x | as long as short |
| BloFin KGEN-USDTshort | +0.0325% | 4h | 0.1641 | +0.244% | $225K | $19K | 50x | |
| MEXC KGEN_USDT | +0.0364% | 4h | 0.1641 | +0.244% | $468K | $106K | 50x | as long as short |
| Binance KGENUSDTlong | +0.0366% | 4h | 0.1637 | long leg | $5.0M | $843K | 50x |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX KGEN-USDT | +0.0380% | 4h | 0.1640 | +0.183% | — | $6.5M | — | as long as short |
| Aster KGENUSDT | +0.0968% | 4h | 0.1634 | −0.189% | $20K | $2K | 5x | as long as short |
Binance KGENUSDT
BloFin KGEN-USDT
Bybit KGENUSDT
OKX KGEN-USDT-SWAP
Gate KGEN_USDT
KuCoin KGENUSDTM
Variational Omni KGEN
SunX KGEN-USDT
Bitget KGENUSDT
MEXC KGEN_USDT
BingX KGEN-USDT
Aster KGENUSDT