KGEN

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0498%/8h= −54.5% APRnext payment −$2.49 per $10,000 · paid last 24h −0.177%

Price spread now: OKX against BingX+0.188%7-day average −0.014% · you sell dearer than you buy

Net, funding: paid 7d − costs−$250as in the Funding arb table

Net, price: spread back to 7d avg − costs−$195as in the Price arb table

costs, in and out, $10k−$2152.154% of the position

Long on BingX Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.344%−$34 on $10k

Price spread, last 4 days (all we have)−0.147%−$15 · spread now +0.188%, 7d avg −0.014%

Together, before fees−0.491%−$49 on $10k · with fees, hour by hour

The price spread pays, funding is against you. OKX is 0.201% dearer against BingX than usual: you sell high and buy low (spread +0.188% now, against its 7-day average of −0.014%): +$20 on $10k if it goes back. Holding the pair costs −$15 a day in funding at the current rate, which eats that in about 32 hours. At the pace of the last 7 days (−0.344% in total) that is about 4.1 days.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.344% in total (about -17.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.49 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	0.1597	0.0598	pay 0.0299% / 4h	1h 05m	—	$6.5M	—
Short	OKX KGEN-USDT-SWAP	0.1600	0.0100	get 0.0050% / 4h	1h 05m	$193K	$124K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against BingX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BingXbpFee OKXbpOrdersPrice spread, now +0.188%Rate

Funding earned: −$104.58
Price spread: +0.188% → −0.014%: $20.14
Slippage, 4 orders: −$195.37
Fee BingX: 5 bp × 2 orders: −$10
Fee OKX: 5 bp × 2 orders: −$10
Net: −$299.81
Costs to cover: 2.154%
Break-even: never at this rate

Slippage from BingX: live order book, 11 min ago; OKX: 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	9.38 bp	41.1 bp −$41	122.3 bp −$1,223	doesn't fit	doesn't fit
Sell OKX live order book, 10 min ago	6.26 bp	66.7 bp −$67	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	0.1598	+0.038%	$740K	$328K	20x	as long as short
OKX KGEN-USDT-SWAPshort	+0.0100%	4h	0.1600	+0.188%	$193K	$124K	10x
KuCoin KGENUSDTM	+0.0100%	4h	0.1599	+0.131%	$726K	$1.5M	50x	as long as short
Variational Omni KGEN	+0.0100%	4h	0.1598	+0.049%	$5K	$1K	—	as long as short
SunX KGEN-USDT	+0.0100%	4h	0.1593	−0.225%	$2K	$857K	20x	as long as short
Bitget KGENUSDT	+0.0190%	4h	0.1598	+0.050%	$1.7M	$169K	50x	as long as short
BingX KGEN-USDTlong	+0.0598%	4h	0.1597	long leg	—	$6.5M	—
BloFin KGEN-USDT	+0.0600%	4h	0.1597	0.000%	$222K	$18K	50x	as long as short
MEXC KGEN_USDT	+0.0602%	4h	0.1597	0.000%	$435K	$98K	50x	as long as short
Binance KGENUSDT	+0.0603%	4h	0.1598	+0.053%	$4.9M	$905K	50x	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster KGENUSDT	+0.1098%	4h	0.1598	+0.043%	$19K	$5K	5x	as long as short
Gate KGEN_USDT	+0.1312%	4h	0.1593	−0.244%	$1.5M	$95K	50x	as long as short