Funding you earn now, next payment 04:00 UTC−0.0037%/8h= −4.1% APRnext payment −$0.19 per $10,000 · paid last 24h +0.016%
Price spread now: Binance against BingX−0.124%7-day average +0.027% · you buy dearer than you sell
Net, funding: paid 7d − costs−$155as in the Funding arb table
Net, price: spread back to 7d avg − costs−$172as in the Price arb table
costs, in and out, $10k−$1571.569% of the position
Funding, last 7 days+0.014%+$1 on $10k
+Price spread, last 7 days+0.155%+$16 · spread now −0.124%, 7d avg +0.027%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Binance is 0.150% cheaper against BingX than usual: you would sell low and buy high (−$15 if the spread goes back to its 7-day average of +0.027%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX KGEN-USDT | 0.1619 | 0.0612 | pay 0.0306% / 4h | 1h 11m | — | $6.5M | — |
| Short | Binance KGENUSDT | 0.1617 | 0.0575 | get 0.0287% / 4h | 1h 11m | $5.0M | $811K | 50x |
BingX KGEN-USDT
Binance KGENUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BingX. 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
- −$7.8
- Price spread: −0.124% → +0.027%
- −$15.05
- Slippage, 4 orders
- −$136.86
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$179.7
- Costs to cover
- 1.569%
- Break-even
- never at this rate
Slippage from BingX: live order book, 5 min ago; Binance: 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 BingX live order book, 5 min ago | 12.35 bp | 39.7 bp −$40 | 124.5 bp −$1,245 | doesn't fit | doesn't fit |
| Sell Binance live order book, 11 min ago | 3.09 bp | 29.5 bp −$29 | 172.2 bp −$1,722 | 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 | 0.1619 | −0.006% | $755K | $296K | 20x | as long as short |
| OKX KGEN-USDT-SWAP | +0.0100% | 4h | 0.1618 | −0.062% | $196K | $114K | 10x | as long as short |
| Gate KGEN_USDT | +0.0100% | 4h | 0.1615 | −0.235% | $1.5M | $86K | 50x | as long as short |
| KuCoin KGENUSDTM | +0.0100% | 4h | 0.1618 | −0.062% | $738K | $1.7M | 50x | as long as short |
| Variational Omni KGEN | +0.0100% | 4h | 0.1619 | −0.019% | $5K | $1K | — | as long as short |
| SunX KGEN-USDT | +0.0100% | 4h | 0.1617 | −0.136% | $2K | $813K | 20x | as long as short |
| BloFin KGEN-USDT | +0.0513% | 4h | 0.1621 | +0.124% | $224K | $18K | 50x | as long as short |
| MEXC KGEN_USDT | +0.0572% | 4h | 0.1620 | +0.062% | $462K | $101K | 50x | as long as short |
| Binance KGENUSDTshort | +0.0575% | 4h | 0.1617 | −0.124% | $5.0M | $811K | 50x | |
| BingX KGEN-USDTlong | +0.0612% | 4h | 0.1619 | long leg | — | $6.5M | — |
Bybit KGENUSDT
OKX KGEN-USDT-SWAP
Gate KGEN_USDT
KuCoin KGENUSDTM
Variational Omni KGEN
SunX KGEN-USDT
BloFin KGEN-USDT
MEXC KGEN_USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget KGENUSDT | +0.0650% | 4h | 0.1619 | 0.000% | $1.7M | $163K | 50x | as long as short |
| Aster KGENUSDT | +0.0987% | 4h | 0.1617 | −0.119% | $19K | $4K | 5x | as long as short |
Bitget KGENUSDT
Aster KGENUSDT