Funding you earn now, next payment 08:00 UTC−0.0304%/8h= −33.3% APRnext payment −$1.52 per $10,000 · paid last 24h −0.114%
Price spread now: Gate against Binance−0.289%7-day average −0.188% · you buy dearer than you sell
Net, funding: paid 7d − costs−$757as in the Funding arb table
Net, price: spread back to 7d avg − costs−$757as in the Price arb table
costs, in and out, $10k−$7477.472% of the position
Funding, last 7 days−0.099%−$10 on $10k
+Price spread, last 7 days−0.084%−$8 · spread now −0.289%, 7d avg −0.188%
=Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Gate is 0.101% cheaper against Binance than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of −0.188%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.099% in total (about -5.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.52 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 | Binance KGENUSDT | 0.1629 | 0.0404 | pay 0.0202% / 4h | 2h 34m | $5.0M | $818K | 50x |
| Short | Gate KGEN_USDT | 0.1624 | 0.0100 | get 0.0050% / 4h | 2h 34m | $1.5M | $84K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$63.93
- Price spread: −0.289% → −0.188%
- −$10.1
- Slippage, 4 orders
- −$722.23
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$821.27
- Costs to cover
- 7.472%
- Break-even
- never at this rate
Slippage from Binance: live order book, 3 min ago; Gate: live order book, 3 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, 3 min ago | 6.14 bp | 37.3 bp −$37 | 245.4 bp −$2,454 | doesn't fit | doesn't fit |
| Sell Gate live order book, 3 min ago | 9.54 bp | 362.7 bp −$363 | 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 | 0.1628 | −0.068% | $751K | $318K | 20x | as long as short |
| OKX KGEN-USDT-SWAP | +0.0100% | 4h | 0.1627 | −0.117% | $198K | $118K | 10x | as long as short |
| Gate KGEN_USDTshort | +0.0100% | 4h | 0.1624 | −0.289% | $1.5M | $84K | 50x | |
| KuCoin KGENUSDTM | +0.0100% | 4h | 0.1628 | −0.056% | $752K | $1.8M | 50x | as long as short |
| Variational Omni KGEN | +0.0100% | 4h | 0.1628 | −0.072% | $5K | $1K | — | as long as short |
| SunX KGEN-USDT | +0.0100% | 4h | 0.1626 | −0.173% | $2K | $849K | 20x | as long as short |
| Bitget KGENUSDT | +0.0162% | 4h | 0.1628 | −0.038% | $1.7M | $163K | 50x | as long as short |
| BloFin KGEN-USDT | +0.0344% | 4h | 0.1625 | −0.240% | $223K | $18K | 50x | as long as short |
| BingX KGEN-USDT | +0.0402% | 4h | 0.1629 | +0.005% | — | $6.6M | — | as long as short |
| MEXC KGEN_USDT | +0.0404% | 4h | 0.1628 | −0.056% | $459K | $104K | 50x | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance KGENUSDTlong | +0.0404% | 4h | 0.1629 | long leg | $5.0M | $818K | 50x | |
| Aster KGENUSDT | +0.0956% | 4h | 0.1624 | −0.286% | $19K | $2K | 5x | as long as short |
Binance KGENUSDT
Gate KGEN_USDT
Bybit KGENUSDT
OKX KGEN-USDT-SWAP
KuCoin KGENUSDTM
Variational Omni KGEN
SunX KGEN-USDT
Bitget KGENUSDT
BloFin KGEN-USDT
BingX KGEN-USDT
MEXC KGEN_USDT
Aster KGENUSDT