Funding you earn now, next payment 00:00 UTC−0.0760%/8h= −83.2% APRnext payment −$3.80 per $10,000 · paid last 24h −0.179%
Price spread now: Bybit against BingX−0.012%7-day average −0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs−$554as in the Funding arb table
Net, price: spread back to 7d avg − costs−$517as in the Price arb table
costs, in and out, $10k−$5175.168% of the position
Funding, last 7 days−0.374%−$37 on $10k
+Price spread, last 4 days (all we have)+0.046%+$5 · spread now −0.012%, 7d avg −0.013%
=The price spread sits at its 7-day average of −0.013%, so right now this pair is about funding alone: −$23 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.374% in total (about -19.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.80 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 | BingX KGEN-USDT | 0.1602 | 0.0860 | pay 0.0430% / 4h | 2h 09m | — | $6.5M | — |
| Short | Bybit KGENUSDT | 0.1602 | 0.0100 | get 0.0050% / 4h | 2h 09m | $743K | $330K | 20x |
BingX KGEN-USDT
Bybit KGENUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$159.6
- Price spread: −0.012% → −0.013%
- $0.02
- Slippage, 4 orders
- −$495.85
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$676.43
- Costs to cover
- 5.168%
- Break-even
- never at this rate
Slippage from BingX: live order book, 11 min ago; Bybit: live order book, 10 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, 11 min ago | 12.49 bp | 41.3 bp −$41 | 115.1 bp −$1,151 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 10 min ago | 12.48 bp | 195.8 bp −$196 | 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 KGENUSDTshort | +0.0100% | 4h | 0.1602 | −0.012% | $743K | $330K | 20x | |
| OKX KGEN-USDT-SWAP | +0.0100% | 4h | 0.1600 | −0.125% | $193K | $130K | 10x | as long as short |
| KuCoin KGENUSDTM | +0.0100% | 4h | 0.1602 | −0.019% | $729K | $1.5M | 50x | as long as short |
| Variational Omni KGEN | +0.0100% | 4h | 0.1602 | +0.030% | $5K | $1K | — | as long as short |
| SunX KGEN-USDT | +0.0100% | 4h | 0.1598 | −0.281% | $2K | $852K | 20x | as long as short |
| Bitget KGENUSDT | +0.0304% | 4h | 0.1603 | +0.044% | $1.7M | $178K | 50x | as long as short |
| BloFin KGEN-USDT | +0.0858% | 4h | 0.1600 | −0.125% | $224K | $18K | 50x | as long as short |
| BingX KGEN-USDTlong | +0.0860% | 4h | 0.1602 | long leg | — | $6.5M | — | |
| MEXC KGEN_USDT | +0.0898% | 4h | 0.1602 | 0.000% | $437K | $97K | 50x | as long as short |
| Binance KGENUSDT | +0.0898% | 4h | 0.1601 | −0.062% | $4.9M | $907K | 50x | as long as short |
OKX KGEN-USDT-SWAP
KuCoin KGENUSDTM
Variational Omni KGEN
SunX KGEN-USDT
Bitget KGENUSDT
BloFin KGEN-USDT
MEXC KGEN_USDT
Binance KGENUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster KGENUSDT | +0.1192% | 4h | 0.1598 | −0.250% | $19K | $5K | 5x | as long as short |
| Gate KGEN_USDT | +0.1690% | 4h | 0.1600 | −0.150% | $1.5M | $97K | 50x | as long as short |
Aster KGENUSDT
Gate KGEN_USDT