Funding you earn now, next payment 00:00 UTC+0.0002%/8h= +0.2% APRnext payment +$0.01 per $10,000 · paid last 24h −0.001%
Price spread now: MEXC against Binance−0.096%7-day average −0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$113as in the Funding arb table
Net, price: spread back to 7d avg − costs−$121as in the Price arb table
costs, in and out, $10k−$1121.125% of the position
Funding, last 7 days−0.003%$0 on $10k
+Price spread, last 4 days (all we have)−0.027%−$3 · spread now −0.096%, 7d avg −0.007%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.089% cheaper against Binance than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of −0.007%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance KGENUSDT | 0.1600 | 0.0690 | pay 0.0345% / 4h | 3h 32m | $4.9M | $903K | 50x |
| Short | MEXC KGEN_USDT | 0.1598 | 0.0692 | get 0.0346% / 4h | 3h 32m | $441K | $97K | 50x |
Binance KGENUSDT
MEXC KGEN_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $0.43
- Price spread: −0.096% → −0.007%
- −$8.87
- Slippage, 4 orders
- −$94.47
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee MEXC: 4 bp × 2 orders
- −$8
- Net
- −$120.92
- Costs to cover
- 1.125%
- Break-even
- 1982.8 days
Slippage from Binance: live order book, 5 min ago; MEXC: 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 Binance live order book, 5 min ago | 3.13 bp | 36.7 bp −$37 | 184.5 bp −$1,845 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 11 min ago | 6.28 bp | 17.0 bp −$17 | 115.7 bp −$1,157 | 444.9 bp −$44.5K | 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 | 0.1599 | −0.033% | $747K | $303K | 20x | as long as short |
| OKX KGEN-USDT-SWAP | +0.0100% | 4h | 0.1597 | −0.158% | $194K | $130K | 10x | as long as short |
| KuCoin KGENUSDTM | +0.0100% | 4h | 0.1598 | −0.077% | $721K | $1.5M | 50x | as long as short |
| Variational Omni KGEN | +0.0100% | 4h | 0.1598 | −0.094% | $3K | $12 | — | as long as short |
| SunX KGEN-USDT | +0.0100% | 4h | 0.1592 | −0.465% | $2K | $828K | 20x | as long as short |
| Bitget KGENUSDT | +0.0328% | 4h | 0.1601 | +0.092% | $1.7M | $175K | 50x | as long as short |
| Aster KGENUSDT | +0.0614% | 4h | 0.1596 | −0.230% | $19K | $4K | 5x | as long as short |
| BingX KGEN-USDT | +0.0622% | 4h | 0.1599 | −0.033% | — | $6.5M | — | as long as short |
| BloFin KGEN-USDT | +0.0660% | 4h | 0.1597 | −0.158% | $227K | $18K | 50x | as long as short |
| Binance KGENUSDTlong | +0.0690% | 4h | 0.1600 | long leg | $4.9M | $903K | 50x |
Bybit KGENUSDT
OKX KGEN-USDT-SWAP
KuCoin KGENUSDTM
Variational Omni KGEN
SunX KGEN-USDT
Bitget KGENUSDT
Aster KGENUSDT
BingX KGEN-USDT
BloFin KGEN-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC KGEN_USDTshort | +0.0692% | 4h | 0.1598 | −0.096% | $441K | $97K | 50x | |
| Gate KGEN_USDT | +0.1066% | 4h | 0.1595 | −0.296% | $1.5M | $96K | 50x | as long as short |
Gate KGEN_USDT