Funding you earn now, next payment 08:00 UTC−0.0043%/8h= −4.8% APRnext payment −$0.22 per $10,000 · paid last 24h −0.013%
Price spread now: BingX against BloFin+0.307%96s7-day average −0.043% · you sell dearer than you buy
Net, funding: paid 7d − costs−$177as 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−$1761.764% of the position
Funding, last 7 days−0.003%$0 on $10k
+Price spread, last 4 days (all we have)−0.348%−$35 · spread now +0.307%, 7d avg −0.043%
=The price spread pays, funding is against you. BingX is 0.350% dearer against BloFin than usual: you sell high and buy low (spread +0.307% now, against its 7-day average of −0.043%): +$35 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 27 days. At the pace of the last 7 days (−0.003% in total) that is about years. The two prices were read 96 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 | BloFin KGEN-USDT | 0.1627 | 0.0631 | pay 0.0316% / 4h | 3h 19m | $224K | $18K | 50x |
| Short | BingX KGEN-USDT | 0.1632 | 0.0588 | get 0.0294% / 4h | 3h 19m | — | $6.6M | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- −$9.12
- Price spread: +0.307% → −0.043%
- $35.03
- Slippage, 4 orders
- −$154.35
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$150.45
- Costs to cover
- 1.764%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 72 min ago; BingX: live order book, 2 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, 72 min ago | 9.26 bp | 39.8 bp −$40 | 142.3 bp −$1,423 | doesn't fit | doesn't fit |
| Sell BingX live order book, 2 min ago | 15.33 bp | 53.4 bp −$53 | 115.1 bp −$1,151 | 606.2 bp −$60.6K | 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 | 0.1631 | +0.264% | $752K | $316K | 20x | as long as short |
| OKX KGEN-USDT-SWAP | +0.0100% | 4h | 0.1630 | +0.184% | $198K | $118K | 10x | as long as short |
| KuCoin KGENUSDTM | +0.0100% | 4h | 0.1633 | +0.363% | $750K | $1.8M | 50x | as long as short |
| Variational Omni KGEN | +0.0100% | 4h | 0.1630 | +0.167% | $5K | $1K | — | as long as short |
| SunX KGEN-USDT | +0.0100% | 4h | 0.1627 | +0.018% | $2K | $850K | 20x | as long as short |
| Bitget KGENUSDT | +0.0246% | 4h | 0.1632 | +0.313% | $1.7M | $170K | 50x | as long as short |
| Gate KGEN_USDT | +0.0580% | 4h | 0.1625 | −0.117% | $1.5M | $85K | 50x | as long as short |
| BingX KGEN-USDTshort | +0.0588% | 4h | 0.1632 | +0.307% | — | $6.6M | — | |
| MEXC KGEN_USDT | +0.0604% | 4h | 0.1633 | +0.369% | $460K | $102K | 50x | as long as short |
| Binance KGENUSDT | +0.0608% | 4h | 0.1632 | +0.307% | $5.0M | $822K | 50x | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin KGEN-USDTlong | +0.0631% | 4h | 0.1627 | long leg | $224K | $18K | 50x | |
| Aster KGENUSDT | +0.1101% | 4h | 0.1629 | +0.123% | $19K | $4K | 5x | as long as short |
BloFin KGEN-USDT
BingX KGEN-USDT
Bybit KGENUSDT
OKX KGEN-USDT-SWAP
KuCoin KGENUSDTM
Variational Omni KGEN
SunX KGEN-USDT
Bitget KGENUSDT
Gate KGEN_USDT
MEXC KGEN_USDT
Binance KGENUSDT
Aster KGENUSDT