Funding you earn now, next payment 04:00 UTC+0.0370%/8h= +40.5% APRnext payment +$1.85 per $10,000 · paid last 24h −0.022%
Price spread now: Bitget against Gate+0.399%7-day average +0.132% · you sell dearer than you buy
Net, funding: paid 7d − costs−$695as in the Funding arb table
Net, price: spread back to 7d avg − costs−$641as in the Price arb table
costs, in and out, $10k−$6676.675% of the position
Funding, last 7 days−0.274%−$27 on $10k
+Price spread, last 7 days−0.155%−$15 · spread now +0.399%, 7d avg +0.132%
=Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and Bitget is 0.267% dearer against Gate than usual: you sell high and buy low: +$27 more if the spread goes back to its 7-day average of +0.132%. Mind the row above: over the last 7 days funding on this pair cost −0.274%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate KGEN_USDT | 0.1604 | 0.0100 | pay 0.0050% / 4h | 1h 35m | $1.5M | $85K | 50x |
| Short | Bitget KGENUSDT | 0.1611 | 0.0470 | get 0.0235% / 4h | 1h 35m | $1.7M | $165K | 50x |
Gate KGEN_USDT
Bitget KGENUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- $77.7
- Price spread: +0.399% → +0.132%
- $26.66
- Slippage, 4 orders
- −$640.48
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$563.11
- Costs to cover
- 6.675%
- Break-even
- 57.7 days
Slippage from Gate: live order book, 2 min ago; Bitget: live order book, 1 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 | 9.34 bp | 290.1 bp −$290 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 1 min ago | 10.25 bp | 35.4 bp −$35 | 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 | 0.1610 | +0.355% | $751K | $305K | 20x | as long as short |
| OKX KGEN-USDT-SWAP | +0.0100% | 4h | 0.1610 | +0.355% | $194K | $114K | 10x | as long as short |
| Gate KGEN_USDTlong | +0.0100% | 4h | 0.1604 | long leg | $1.5M | $85K | 50x | |
| KuCoin KGENUSDTM | +0.0100% | 4h | 0.1610 | +0.343% | $733K | $1.6M | 50x | as long as short |
| Variational Omni KGEN | +0.0100% | 4h | 0.1610 | +0.336% | $5K | $1K | — | as long as short |
| SunX KGEN-USDT | +0.0100% | 4h | 0.1608 | +0.212% | $2K | $817K | 20x | as long as short |
| Binance KGENUSDT | +0.0428% | 4h | 0.1611 | +0.444% | $5.0M | $815K | 50x | as long as short |
| MEXC KGEN_USDT | +0.0428% | 4h | 0.1611 | +0.418% | $460K | $99K | 50x | as long as short |
| BingX KGEN-USDT | +0.0432% | 4h | 0.1610 | +0.355% | — | $6.5M | — | as long as short |
| Bitget KGENUSDTshort | +0.0470% | 4h | 0.1611 | +0.399% | $1.7M | $165K | 50x |
Bybit KGENUSDT
OKX KGEN-USDT-SWAP
KuCoin KGENUSDTM
Variational Omni KGEN
SunX KGEN-USDT
Binance KGENUSDT
MEXC KGEN_USDT
BingX KGEN-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin KGEN-USDT | +0.0472% | 4h | 0.1610 | +0.355% | $223K | $18K | 50x | as long as short |
| Aster KGENUSDT | +0.0872% | 4h | 0.1607 | +0.198% | $19K | $4K | 5x | as long as short |
BloFin KGEN-USDT
Aster KGENUSDT