Funding you earn now, next payment 00:00 UTC−0.0760%/8h= −83.2% APRnext payment −$3.80 per $10,000 · paid last 24h +0.158%
Price spread now: BingX against Gate+0.232%7-day average +0.162% · you sell dearer than you buy
Net, funding: paid 7d − costs−$716as in the Funding arb table
Net, price: spread back to 7d avg − costs−$719as in the Price arb table
costs, in and out, $10k−$7267.263% of the position
Funding, last 7 days+0.101%+$10 on $10k
+Price spread, last 7 days+0.013%+$1 · spread now +0.232%, 7d avg +0.162%
=The price spread pays, funding is against you. BingX is 0.070% dearer against Gate than usual: you sell high and buy low (spread +0.232% now, against its 7-day average of +0.162%): +$7 on $10k if it goes back. Holding the pair costs −$23 a day in funding at the current rate, which eats that in about 7 hours. Mind the row above: over the last 7 days funding on this pair paid +0.101%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.101% in total (about 5.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.80 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate KGEN_USDT | 0.1595 | 0.1450 | pay 0.0725% / 4h | 1h 20m | $1.5M | $95K | 50x |
| Short | BingX KGEN-USDT | 0.1599 | 0.0690 | get 0.0345% / 4h | 1h 20m | — | $6.5M | — |
Gate KGEN_USDT
BingX KGEN-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Gate. 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
- −$159.6
- Price spread: +0.232% → +0.162%
- $6.99
- Slippage, 4 orders
- −$701.34
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$878.95
- Costs to cover
- 7.263%
- Break-even
- never at this rate
Slippage from Gate: live order book, 2 min ago; BingX: live order book, 6 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 Gate live order book, 2 min ago | 10.02 bp | 315.7 bp −$316 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 6 min ago | 9.37 bp | 39.6 bp −$40 | 102.7 bp −$1,027 | 625.7 bp −$62.6K | 1043.1 bp −$521.5K |
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 | 0.1600 | +0.270% | $741K | $330K | 20x | as long as short |
| OKX KGEN-USDT-SWAP | +0.0100% | 4h | 0.1602 | +0.420% | $193K | $129K | 10x | as long as short |
| KuCoin KGENUSDTM | +0.0100% | 4h | 0.1599 | +0.213% | $729K | $1.5M | 50x | as long as short |
| Variational Omni KGEN | +0.0100% | 4h | 0.1600 | +0.282% | $5K | $1K | — | as long as short |
| SunX KGEN-USDT | +0.0100% | 4h | 0.1594 | −0.063% | $2K | $859K | 20x | as long as short |
| Bitget KGENUSDT | +0.0282% | 4h | 0.1602 | +0.395% | $1.7M | $175K | 50x | as long as short |
| BingX KGEN-USDTshort | +0.0690% | 4h | 0.1599 | +0.232% | — | $6.5M | — | |
| Binance KGENUSDT | +0.0708% | 4h | 0.1600 | +0.272% | $4.9M | $904K | 50x | as long as short |
| BloFin KGEN-USDT | +0.0709% | 4h | 0.1599 | +0.232% | $223K | $18K | 50x | as long as short |
| MEXC KGEN_USDT | +0.0716% | 4h | 0.1599 | +0.232% | $436K | $97K | 50x | as long as short |
Bybit KGENUSDT
OKX KGEN-USDT-SWAP
KuCoin KGENUSDTM
Variational Omni KGEN
SunX KGEN-USDT
Bitget KGENUSDT
Binance KGENUSDT
BloFin KGEN-USDT
MEXC KGEN_USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster KGENUSDT | +0.1169% | 4h | 0.1600 | +0.288% | $19K | $5K | 5x | as long as short |
| Gate KGEN_USDTlong | +0.1450% | 4h | 0.1595 | long leg | $1.5M | $95K | 50x |
Aster KGENUSDT