Funding you earn now, next payment 08:00 UTC+0.0498%/8h= +54.5% APRnext payment +$2.49 per $10,000 · paid last 24h +0.184%
Price spread now: BingX against Bybit+0.061%7-day average +0.016% · you sell dearer than you buy
Net, funding: paid 7d − costs−$334as in the Funding arb table
Net, price: spread back to 7d avg − costs−$371as in the Price arb table
costs, in and out, $10k−$3763.760% of the position
Funding, last 7 days+0.421%+$42 on $10k
+Price spread, last 4 days (all we have)−0.063%−$6 · spread now +0.061%, 7d avg +0.016%
=Both sides work for this trade now. Funding pays +$15 a day on $10k at the current rate, and BingX is 0.046% dearer against Bybit than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.016%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit KGENUSDT | 0.1629 | 0.0100 | pay 0.0050% / 4h | 3h 24m | $751K | $314K | 20x |
| Short | BingX KGEN-USDT | 0.1630 | 0.0598 | get 0.0299% / 4h | 3h 24m | — | $6.6M | — |
Bybit KGENUSDT
BingX KGEN-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Bybit. 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
- $104.58
- Price spread: +0.061% → +0.016%
- $4.57
- Slippage, 4 orders
- −$355.03
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$266.88
- Costs to cover
- 3.760%
- Break-even
- 24.9 days
Slippage from Bybit: live order book, 26 min ago; BingX: live order book, 12 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 Bybit live order book, 26 min ago | 6.12 bp | 144.5 bp −$144 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 12 min ago | 12.27 bp | 45.8 bp −$46 | 125.1 bp −$1,251 | 605.8 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 KGENUSDTlong | +0.0100% | 4h | 0.1629 | long leg | $751K | $314K | 20x | |
| OKX KGEN-USDT-SWAP | +0.0100% | 4h | 0.1630 | +0.061% | $198K | $119K | 10x | as long as short |
| KuCoin KGENUSDTM | +0.0100% | 4h | 0.1629 | +0.018% | $748K | $1.8M | 50x | as long as short |
| Variational Omni KGEN | +0.0100% | 4h | 0.1629 | −0.018% | $5K | $1K | — | as long as short |
| SunX KGEN-USDT | +0.0100% | 4h | 0.1626 | −0.153% | $2K | $849K | 20x | as long as short |
| Bitget KGENUSDT | +0.0266% | 4h | 0.1631 | +0.141% | $1.7M | $170K | 50x | as long as short |
| Gate KGEN_USDT | +0.0552% | 4h | 0.1624 | −0.319% | $1.5M | $85K | 50x | as long as short |
| BloFin KGEN-USDT | +0.0586% | 4h | 0.1632 | +0.184% | $224K | $19K | 50x | as long as short |
| BingX KGEN-USDTshort | +0.0598% | 4h | 0.1630 | +0.061% | — | $6.6M | — | |
| Binance KGENUSDT | +0.0619% | 4h | 0.1630 | +0.085% | $5.0M | $822K | 50x | as long as short |
OKX KGEN-USDT-SWAP
KuCoin KGENUSDTM
Variational Omni KGEN
SunX KGEN-USDT
Bitget KGENUSDT
Gate KGEN_USDT
BloFin KGEN-USDT
Binance KGENUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC KGEN_USDT | +0.0622% | 4h | 0.1630 | +0.061% | $459K | $102K | 50x | as long as short |
| Aster KGENUSDT | +0.1102% | 4h | 0.1628 | −0.055% | $19K | $4K | 5x | as long as short |
MEXC KGEN_USDT
Aster KGENUSDT