Funding you earn now, next payment 04:00 UTC+0.0161%/8h= +17.6% APRnext payment +$0.80 per $10,000 · paid last 24h +0.150%
Price spread now: BloFin against Bitget+0.081%235s7-day average +0.026% · you sell dearer than you buy
Net, funding: paid 7d − costs−$91as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1261.257% of the position
Funding, last 7 days+0.351%+$35 on $10k
+Price spread, last 3 days (all we have)−0.012%−$1 · spread now +0.081%, 7d avg +0.026%
=Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and BloFin is 0.055% dearer against Bitget than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.026%. The two prices were read 235 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget KGENUSDT | 0.1609 | 0.0326 | pay 0.0163% / 4h | 2h 45m | $1.7M | $173K | 50x |
| Short | BloFin KGEN-USDT | 0.1610 | 0.0487 | get 0.0243% / 4h | 2h 45m | $224K | $18K | 50x |
Bitget KGENUSDT
BloFin KGEN-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Bitget. 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
- $33.77
- Price spread: +0.081% → +0.026%
- $5.47
- Slippage, 4 orders
- −$101.73
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$86.5
- Costs to cover
- 1.257%
- Break-even
- 24.9 days
Slippage from Bitget: live order book, 2 min ago; BloFin: live order book, 15 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 Bitget live order book, 2 min ago | 5.60 bp | 43.6 bp −$44 | 241.0 bp −$2,410 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 15 min ago | 6.20 bp | 20.3 bp −$20 | 84.4 bp −$844 | 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 | 0.1606 | −0.180% | $747K | $335K | 20x | as long as short |
| OKX KGEN-USDT-SWAP | +0.0100% | 4h | 0.1609 | +0.019% | $194K | $123K | 10x | as long as short |
| Gate KGEN_USDT | +0.0100% | 4h | 0.1604 | −0.298% | $1.5M | $90K | 50x | as long as short |
| KuCoin KGENUSDTM | +0.0100% | 4h | 0.1608 | −0.012% | $736K | $1.6M | 50x | as long as short |
| Variational Omni KGEN | +0.0100% | 4h | 0.1607 | −0.121% | $5K | $1K | — | as long as short |
| SunX KGEN-USDT | +0.0100% | 4h | 0.1605 | −0.230% | $2K | $880K | 20x | as long as short |
| Bitget KGENUSDTlong | +0.0326% | 4h | 0.1609 | long leg | $1.7M | $173K | 50x | |
| BloFin KGEN-USDTshort | +0.0487% | 4h | 0.1610 | +0.081% | $224K | $18K | 50x | |
| BingX KGEN-USDT | +0.0508% | 4h | 0.1608 | −0.044% | — | $6.5M | — | as long as short |
| MEXC KGEN_USDT | +0.0524% | 4h | 0.1607 | −0.106% | $450K | $97K | 50x | as long as short |
Bybit KGENUSDT
OKX KGEN-USDT-SWAP
Gate KGEN_USDT
KuCoin KGENUSDTM
Variational Omni KGEN
SunX KGEN-USDT
BingX KGEN-USDT
MEXC KGEN_USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance KGENUSDT | +0.0524% | 4h | 0.1607 | −0.106% | $4.9M | $901K | 50x | as long as short |
| Aster KGENUSDT | +0.1023% | 4h | 0.1606 | −0.197% | $19K | $4K | 5x | as long as short |
Binance KGENUSDT
Aster KGENUSDT