Funding you earn now, next payment 08:00 UTC+0.0250%/8h= +27.4% APRnext payment +$1.25 per $10,000 · paid last 24h +0.197%
Price spread now: BloFin against Bybit+0.104%7-day average +0.058% · you sell dearer than you buy
Net, funding: paid 7d − costs−$298as in the Funding arb table
Net, price: spread back to 7d avg − costs−$336as in the Price arb table
costs, in and out, $10k−$3403.403% of the position
Funding, last 7 days+0.424%+$42 on $10k
+Price spread, last 4 days (all we have)−0.072%−$7 · spread now +0.104%, 7d avg +0.058%
=Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and BloFin is 0.045% dearer against Bybit than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.058%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit KGENUSDT | 0.1635 | 0.0100 | pay 0.0050% / 4h | 2h 08m | $753K | $322K | 20x |
| Short | BloFin KGEN-USDT | 0.1637 | 0.0350 | get 0.0175% / 4h | 2h 08m | $221K | $19K | 50x |
Bybit KGENUSDT
BloFin KGEN-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $52.5
- Price spread: +0.104% → +0.058%
- $4.55
- Slippage, 4 orders
- −$317.34
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$283.29
- Costs to cover
- 3.403%
- Break-even
- 44.8 days
Slippage from Bybit: live order book, 36 min ago; BloFin: live order book, 7 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, 36 min ago | 6.17 bp | 131.1 bp −$131 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 7 min ago | 3.06 bp | 47.5 bp −$48 | 130.6 bp −$1,306 | 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 KGENUSDTlong | +0.0100% | 4h | 0.1635 | long leg | $753K | $322K | 20x | |
| OKX KGEN-USDT-SWAP | +0.0100% | 4h | 0.1638 | +0.165% | $200K | $120K | 10x | as long as short |
| KuCoin KGENUSDTM | +0.0100% | 4h | 0.1639 | +0.232% | $751K | $1.8M | 50x | as long as short |
| Variational Omni KGEN | +0.0100% | 4h | 0.1634 | −0.097% | $5K | $1K | — | as long as short |
| SunX KGEN-USDT | +0.0100% | 4h | 0.1637 | +0.122% | $2K | $858K | 20x | as long as short |
| Gate KGEN_USDT | +0.0118% | 4h | 0.1633 | −0.147% | $1.5M | $86K | 50x | as long as short |
| BingX KGEN-USDT | +0.0326% | 4h | 0.1637 | +0.104% | — | $6.5M | — | as long as short |
| BloFin KGEN-USDTshort | +0.0350% | 4h | 0.1637 | +0.104% | $221K | $19K | 50x | |
| Bitget KGENUSDT | +0.0368% | 4h | 0.1637 | +0.098% | $1.7M | $164K | 50x | as long as short |
| MEXC KGEN_USDT | +0.0376% | 4h | 0.1637 | +0.104% | $464K | $107K | 50x | as long as short |
OKX KGEN-USDT-SWAP
KuCoin KGENUSDTM
Variational Omni KGEN
SunX KGEN-USDT
Gate KGEN_USDT
BingX KGEN-USDT
Bitget KGENUSDT
MEXC KGEN_USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance KGENUSDT | +0.0388% | 4h | 0.1637 | +0.104% | $5.0M | $831K | 50x | as long as short |
| Aster KGENUSDT | +0.0970% | 4h | 0.1633 | −0.147% | $20K | $2K | 5x | as long as short |
Binance KGENUSDT
Aster KGENUSDT