Funding you earn now, next payment 08:00 UTC−0.0284%/8h= −31.1% APRnext payment −$1.42 per $10,000 · paid last 24h −0.101%
Price spread now: Gate against BingX−0.251%7-day average −0.161% · you buy dearer than you sell
Net, funding: paid 7d − costs−$758as in the Funding arb table
Net, price: spread back to 7d avg − costs−$759as in the Price arb table
costs, in and out, $10k−$7507.498% of the position
Funding, last 7 days−0.085%−$9 on $10k
+Price spread, last 7 days−0.040%−$4 · spread now −0.251%, 7d avg −0.161%
=Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Gate is 0.090% cheaper against BingX than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of −0.161%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.085% in total (about -4.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.42 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 | 0.1634 | 0.0390 | pay 0.0195% / 4h | 1h 31m | — | $6.5M | — |
| Short | Gate KGEN_USDT | 0.1630 | 0.0106 | get 0.0053% / 4h | 1h 31m | $1.5M | $86K | 50x |
BingX KGEN-USDT
Gate KGEN_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$59.64
- Price spread: −0.251% → −0.161%
- −$9.02
- Slippage, 4 orders
- −$724.76
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$818.42
- Costs to cover
- 7.498%
- Break-even
- never at this rate
Slippage from BingX: live order book, 10 min ago; Gate: live order book, 1 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, 10 min ago | 12.19 bp | 48.3 bp −$48 | 111.1 bp −$1,111 | doesn't fit | doesn't fit |
| Sell Gate live order book, 1 min ago | 8.58 bp | 366.9 bp −$367 | 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 | 0.1633 | −0.031% | $753K | $326K | 20x | as long as short |
| OKX KGEN-USDT-SWAP | +0.0100% | 4h | 0.1634 | 0.000% | $198K | $123K | 10x | as long as short |
| KuCoin KGENUSDTM | +0.0100% | 4h | 0.1634 | −0.018% | $746K | $1.9M | 50x | as long as short |
| Variational Omni KGEN | +0.0100% | 4h | 0.1639 | +0.288% | $5K | $1K | — | as long as short |
| SunX KGEN-USDT | +0.0100% | 4h | 0.1631 | −0.153% | $2K | $869K | 20x | as long as short |
| Gate KGEN_USDTshort | +0.0106% | 4h | 0.1630 | −0.251% | $1.5M | $86K | 50x | |
| Bitget KGENUSDT | +0.0280% | 4h | 0.1635 | +0.061% | $1.7M | $165K | 50x | as long as short |
| Binance KGENUSDT | +0.0354% | 4h | 0.1634 | +0.019% | $5.0M | $845K | 50x | as long as short |
| MEXC KGEN_USDT | +0.0364% | 4h | 0.1634 | 0.000% | $453K | $108K | 50x | as long as short |
| BloFin KGEN-USDT | +0.0382% | 4h | 0.1641 | +0.428% | $223K | $19K | 50x | as long as short |
Bybit KGENUSDT
OKX KGEN-USDT-SWAP
KuCoin KGENUSDTM
Variational Omni KGEN
SunX KGEN-USDT
Bitget KGENUSDT
Binance KGENUSDT
MEXC KGEN_USDT
BloFin KGEN-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX KGEN-USDTlong | +0.0390% | 4h | 0.1634 | long leg | — | $6.5M | — | |
| Aster KGENUSDT | +0.0987% | 4h | 0.1632 | −0.105% | $20K | $2K | 5x | as long as short |
Aster KGENUSDT