Funding you earn now, next payment 08:00 UTC−0.0028%/8h= −3.1% APRnext payment −$0.14 per $10,000 · paid last 24h +0.012%
Price spread now: MEXC against BingX+0.061%7-day average +0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$133as in the Funding arb table
Net, price: spread back to 7d avg − costs−$128as in the Price arb table
costs, in and out, $10k−$1341.340% of the position
Funding, last 7 days+0.011%+$1 on $10k
+Price spread, last 4 days (all we have)−0.049%−$5 · spread now +0.061%, 7d avg +0.006%
=The price spread pays, funding is against you. MEXC is 0.056% dearer against BingX than usual: you sell high and buy low (spread +0.061% now, against its 7-day average of +0.006%): +$6 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 6.6 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX KGEN-USDT | 0.1634 | 0.0376 | pay 0.0188% / 4h | 1h 29m | — | $6.6M | — |
| Short | MEXC KGEN_USDT | 0.1635 | 0.0348 | get 0.0174% / 4h | 1h 29m | $454K | $108K | 50x |
BingX KGEN-USDT
MEXC KGEN_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$5.88
- Price spread: +0.061% → +0.006%
- $5.55
- Slippage, 4 orders
- −$116.05
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee MEXC: 4 bp × 2 orders
- −$8
- Net
- −$134.38
- Costs to cover
- 1.340%
- Break-even
- never at this rate
Slippage from BingX: live order book, 2 min ago; MEXC: live order book, 61 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, 2 min ago | 12.24 bp | 48.5 bp −$49 | 117.0 bp −$1,170 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 61 min ago | 6.17 bp | 21.3 bp −$21 | 178.4 bp −$1,784 | 467.2 bp −$46.7K | 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 | −0.061% | $753K | $327K | 20x | as long as short |
| OKX KGEN-USDT-SWAP | +0.0100% | 4h | 0.1634 | 0.000% | $198K | $123K | 10x | as long as short |
| Gate KGEN_USDT | +0.0100% | 4h | 0.1630 | −0.263% | $1.5M | $86K | 50x | as long as short |
| KuCoin KGENUSDTM | +0.0100% | 4h | 0.1636 | +0.122% | $749K | $1.9M | 50x | as long as short |
| Variational Omni KGEN | +0.0100% | 4h | 0.1634 | −0.017% | $5K | $1K | — | as long as short |
| SunX KGEN-USDT | +0.0100% | 4h | 0.1633 | −0.092% | $2K | $868K | 20x | as long as short |
| Bitget KGENUSDT | +0.0284% | 4h | 0.1634 | −0.006% | $1.7M | $165K | 50x | as long as short |
| MEXC KGEN_USDTshort | +0.0348% | 4h | 0.1635 | +0.061% | $454K | $108K | 50x | |
| Binance KGENUSDT | +0.0349% | 4h | 0.1634 | 0.000% | $5.0M | $845K | 50x | as long as short |
| BingX KGEN-USDTlong | +0.0376% | 4h | 0.1634 | long leg | — | $6.6M | — |
Bybit KGENUSDT
OKX KGEN-USDT-SWAP
Gate KGEN_USDT
KuCoin KGENUSDTM
Variational Omni KGEN
SunX KGEN-USDT
Bitget KGENUSDT
Binance KGENUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin KGEN-USDT | +0.0394% | 4h | 0.1635 | +0.061% | $223K | $19K | 50x | as long as short |
| Aster KGENUSDT | +0.0976% | 4h | 0.1632 | −0.108% | $20K | $2K | 5x | as long as short |
BloFin KGEN-USDT
Aster KGENUSDT