Funding you earn now, next payment 04:00 UTC−0.0080%/8h= −8.7% APRnext payment −$0.40 per $10,000 · paid last 24h −0.150%
Price spread now: Bitget against BloFin+0.198%65s7-day average −0.022% · you sell dearer than you buy
Net, funding: paid 7d − costs−$183as 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−$1481.484% of the position
Funding, last 7 days−0.351%−$35 on $10k
+Price spread, last 4 days (all we have)−0.378%−$38 · spread now +0.198%, 7d avg −0.022%
=The price spread pays, funding is against you. Bitget is 0.220% dearer against BloFin than usual: you sell high and buy low (spread +0.198% now, against its 7-day average of −0.022%): +$22 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 9.2 days. At the pace of the last 7 days (−0.351% in total) that is about 4.4 days. The two prices were read 65 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 | 0.1620 | 0.0544 | pay 0.0272% / 4h | 20m 11s | $221K | $18K | 50x |
| Short | Bitget KGENUSDT | 0.1623 | 0.0464 | get 0.0232% / 4h | 20m 11s | $1.7M | $168K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$16.73
- Price spread: +0.198% → −0.022%
- $21.97
- Slippage, 4 orders
- −$124.36
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$143.12
- Costs to cover
- 1.484%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 11 min ago; Bitget: 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, 11 min ago | 9.26 bp | 39.8 bp −$40 | 142.3 bp −$1,423 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 2 min ago | 11.09 bp | 38.0 bp −$38 | 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 | 0.1621 | +0.056% | $754K | $303K | 20x | as long as short |
| OKX KGEN-USDT-SWAP | +0.0100% | 4h | 0.1620 | 0.000% | $197K | $118K | 10x | as long as short |
| Gate KGEN_USDT | +0.0100% | 4h | 0.1617 | −0.173% | $1.5M | $82K | 50x | as long as short |
| KuCoin KGENUSDTM | +0.0100% | 4h | 0.1622 | +0.111% | $739K | $1.7M | 50x | as long as short |
| Variational Omni KGEN | +0.0100% | 4h | 0.1621 | +0.043% | $5K | $1K | — | as long as short |
| SunX KGEN-USDT | +0.0100% | 4h | 0.1619 | −0.086% | $2K | $827K | 20x | as long as short |
| BingX KGEN-USDT | +0.0442% | 4h | 0.1621 | +0.062% | — | $6.5M | — | as long as short |
| Bitget KGENUSDTshort | +0.0464% | 4h | 0.1623 | +0.198% | $1.7M | $168K | 50x | |
| MEXC KGEN_USDT | +0.0494% | 4h | 0.1621 | +0.062% | $451K | $101K | 50x | as long as short |
| Binance KGENUSDT | +0.0510% | 4h | 0.1622 | +0.128% | $5.0M | $823K | 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 | +0.0544% | 4h | 0.1620 | long leg | $221K | $18K | 50x | |
| Aster KGENUSDT | +0.0872% | 4h | 0.1618 | −0.121% | $19K | $4K | 5x | as long as short |
BloFin KGEN-USDT
Bitget KGENUSDT
Bybit KGENUSDT
OKX KGEN-USDT-SWAP
Gate KGEN_USDT
KuCoin KGENUSDTM
Variational Omni KGEN
SunX KGEN-USDT
BingX KGEN-USDT
MEXC KGEN_USDT
Binance KGENUSDT
Aster KGENUSDT