Funding you earn now, next payment 00:00 UTC−0.0010%/8h= −1.1% APRnext payment −$0.05 per $10,000 · paid last 24h +0.005%
Price spread now: Binance against BloFin+0.022%7-day average −0.033% · you sell dearer than you buy
Net, funding: paid 7d − costs−$159as in the Funding arb table
Net, price: spread back to 7d avg − costs−$154as in the Price arb table
costs, in and out, $10k−$1601.599% of the position
Funding, last 7 days+0.011%+$1 on $10k
+Price spread, last 3 days (all we have)−0.053%−$5 · spread now +0.022%, 7d avg −0.033%
=The price spread pays, funding is against you. Binance is 0.055% dearer against BloFin than usual: you sell high and buy low (spread +0.022% now, against its 7-day average of −0.033%): +$6 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 18 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin KGEN-USDT | 0.1597 | 0.0600 | pay 0.0300% / 4h | 1h 04m | $222K | $18K | 50x |
| Short | Binance KGENUSDT | 0.1597 | 0.0590 | get 0.0295% / 4h | 1h 04m | $4.9M | $893K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BloFin. 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
- −$2.16
- Price spread: +0.022% → −0.033%
- $5.54
- Slippage, 4 orders
- −$137.94
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$156.56
- Costs to cover
- 1.599%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 6 min ago; Binance: live order book, 3 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 BloFin live order book, 6 min ago | 6.26 bp | 34.3 bp −$34 | 124.3 bp −$1,243 | doesn't fit | doesn't fit |
| Sell Binance live order book, 3 min ago | 6.26 bp | 44.2 bp −$44 | 196.5 bp −$1,965 | 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 | 0.1597 | 0.000% | $740K | $328K | 20x | as long as short |
| OKX KGEN-USDT-SWAP | +0.0100% | 4h | 0.1600 | +0.188% | $193K | $124K | 10x | as long as short |
| KuCoin KGENUSDTM | +0.0100% | 4h | 0.1599 | +0.131% | $727K | $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 | +0.075% | $1.7M | $169K | 50x | as long as short |
| Binance KGENUSDTshort | +0.0590% | 4h | 0.1597 | +0.022% | $4.9M | $893K | 50x | |
| BingX KGEN-USDT | +0.0598% | 4h | 0.1597 | 0.000% | — | $6.5M | — | as long as short |
| BloFin KGEN-USDTlong | +0.0600% | 4h | 0.1597 | long leg | $222K | $18K | 50x | |
| MEXC KGEN_USDT | +0.0602% | 4h | 0.1596 | −0.063% | $435K | $98K | 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 | +0.032% | $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 |
BloFin KGEN-USDT
Binance KGENUSDT
Bybit KGENUSDT
OKX KGEN-USDT-SWAP
KuCoin KGENUSDTM
Variational Omni KGEN
SunX KGEN-USDT
Bitget KGENUSDT
BingX KGEN-USDT
MEXC KGEN_USDT
Aster KGENUSDT
Gate KGEN_USDT