Funding you earn now, next payment 08:00 UTC−0.0162%/8h= −17.7% APRnext payment −$0.81 per $10,000 · paid last 24h −0.066%
Price spread now: OKX against Bitget−0.074%7-day average −0.031% · you buy dearer than you sell
Net, funding: paid 7d − costs−$237as in the Funding arb table
Net, price: spread back to 7d avg − costs−$238as in the Price arb table
costs, in and out, $10k−$2332.333% of the position
Funding, last 7 days−0.038%−$4 on $10k
+Price spread, last 4 days (all we have)+0.180%+$18 · spread now −0.074%, 7d avg −0.031%
=Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and OKX is 0.043% cheaper against Bitget than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.031%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget KGENUSDT | 0.1631 | 0.0262 | pay 0.0131% / 4h | 3h 22m | $1.7M | $170K | 50x |
| Short | OKX KGEN-USDT-SWAP | 0.1630 | 0.0100 | get 0.0050% / 4h | 3h 22m | $198K | $119K | 10x |
Bitget KGENUSDT
OKX KGEN-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$34.02
- Price spread: −0.074% → −0.031%
- −$4.3
- Slippage, 4 orders
- −$211.28
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$271.61
- Costs to cover
- 2.333%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 4 min ago; OKX: live order book, 27 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, 4 min ago | 12.56 bp | 39.3 bp −$39 | 304.3 bp −$3,043 | doesn't fit | doesn't fit |
| Sell OKX live order book, 27 min ago | 9.19 bp | 81.6 bp −$82 | 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 | 0.1628 | −0.196% | $750K | $314K | 20x | as long as short |
| OKX KGEN-USDT-SWAPshort | +0.0100% | 4h | 0.1630 | −0.074% | $198K | $119K | 10x | |
| KuCoin KGENUSDTM | +0.0100% | 4h | 0.1630 | −0.049% | $750K | $1.8M | 50x | as long as short |
| Variational Omni KGEN | +0.0100% | 4h | 0.1629 | −0.153% | $5K | $1K | — | as long as short |
| SunX KGEN-USDT | +0.0100% | 4h | 0.1626 | −0.294% | $2K | $850K | 20x | as long as short |
| Bitget KGENUSDTlong | +0.0262% | 4h | 0.1631 | long leg | $1.7M | $170K | 50x | |
| Gate KGEN_USDT | +0.0546% | 4h | 0.1624 | −0.454% | $1.5M | $85K | 50x | as long as short |
| BloFin KGEN-USDT | +0.0569% | 4h | 0.1630 | −0.074% | $224K | $19K | 50x | as long as short |
| BingX KGEN-USDT | +0.0596% | 4h | 0.1630 | −0.074% | — | $6.5M | — | as long as short |
| Binance KGENUSDT | +0.0614% | 4h | 0.1630 | −0.074% | $5.0M | $824K | 50x | as long as short |
Bybit KGENUSDT
KuCoin KGENUSDTM
Variational Omni KGEN
SunX KGEN-USDT
Gate KGEN_USDT
BloFin KGEN-USDT
BingX KGEN-USDT
Binance KGENUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC KGEN_USDT | +0.0618% | 4h | 0.1630 | −0.074% | $459K | $102K | 50x | as long as short |
| Aster KGENUSDT | +0.1099% | 4h | 0.1628 | −0.209% | $19K | $4K | 5x | as long as short |
MEXC KGEN_USDT
Aster KGENUSDT