Funding you earn now, next payment 08:00 UTC−0.0256%/8h= −28.1% APRnext payment −$1.28 per $10,000 · paid last 24h −0.195%
Price spread now: OKX against BloFin−0.183%7-day average −0.060% · you buy dearer than you sell
Net, funding: paid 7d − costs−$259as in the Funding arb table
Net, price: spread back to 7d avg − costs−$232as in the Price arb table
costs, in and out, $10k−$2202.195% of the position
Funding, last 7 days−0.393%−$39 on $10k
+Price spread, last 4 days (all we have)+0.232%+$23 · spread now −0.183%, 7d avg −0.060%
=Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and OKX is 0.124% cheaper against BloFin than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of −0.060%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin KGEN-USDT | 0.1638 | 0.0356 | pay 0.0178% / 4h | 58m 31s | $223K | $19K | 50x |
| Short | OKX KGEN-USDT-SWAP | 0.1635 | 0.0100 | get 0.0050% / 4h | 58m 31s | $198K | $122K | 10x |
BloFin KGEN-USDT
OKX KGEN-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$53.84
- Price spread: −0.183% → −0.060%
- −$12.36
- Slippage, 4 orders
- −$197.52
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$285.72
- Costs to cover
- 2.195%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 12 min ago; OKX: live order book, 41 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, 12 min ago | 9.17 bp | 31.2 bp −$31 | 115.2 bp −$1,152 | doesn't fit | doesn't fit |
| Sell OKX live order book, 41 min ago | 12.19 bp | 80.4 bp −$80 | 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 | 0.1635 | −0.214% | $755K | $327K | 20x | as long as short |
| OKX KGEN-USDT-SWAPshort | +0.0100% | 4h | 0.1635 | −0.183% | $198K | $122K | 10x | |
| KuCoin KGENUSDTM | +0.0100% | 4h | 0.1636 | −0.098% | $751K | $1.9M | 50x | as long as short |
| Variational Omni KGEN | +0.0100% | 4h | 0.1636 | −0.140% | $5K | $1K | — | as long as short |
| SunX KGEN-USDT | +0.0100% | 4h | 0.1632 | −0.342% | $3K | $875K | 20x | as long as short |
| Gate KGEN_USDT | +0.0102% | 4h | 0.1632 | −0.366% | $1.5M | $86K | 50x | as long as short |
| Bitget KGENUSDT | +0.0268% | 4h | 0.1636 | −0.098% | $1.7M | $162K | 50x | as long as short |
| BloFin KGEN-USDTlong | +0.0356% | 4h | 0.1638 | long leg | $223K | $19K | 50x | |
| MEXC KGEN_USDT | +0.0370% | 4h | 0.1636 | −0.122% | $454K | $105K | 50x | as long as short |
| BingX KGEN-USDT | +0.0370% | 4h | 0.1636 | −0.122% | — | $6.5M | — | as long as short |
Bybit KGENUSDT
KuCoin KGENUSDTM
Variational Omni KGEN
SunX KGEN-USDT
Gate KGEN_USDT
Bitget KGENUSDT
MEXC KGEN_USDT
BingX KGEN-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance KGENUSDT | +0.0371% | 4h | 0.1636 | −0.122% | $5.0M | $844K | 50x | as long as short |
| Aster KGENUSDT | +0.0937% | 4h | 0.1636 | −0.143% | $20K | $3K | 5x | as long as short |
Binance KGENUSDT
Aster KGENUSDT