Funding you earn now, next payment 08:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.02 per $10,000 · paid last 24h −0.012%
Price spread now: BingX against MEXC0.000%7-day average −0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$136as in the Funding arb table
Net, price: spread back to 7d avg − costs−$134as in the Price arb table
costs, in and out, $10k−$1351.345% of the position
Funding, last 7 days−0.011%−$1 on $10k
+Price spread, last 4 days (all we have)−0.015%−$2 · spread now 0.000%, 7d avg −0.005%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC KGEN_USDT | 0.1641 | 0.0384 | pay 0.0192% / 4h | 2h 02m | $461K | $107K | 50x |
| Short | BingX KGEN-USDT | 0.1641 | 0.0388 | get 0.0194% / 4h | 2h 02m | — | $6.5M | — |
MEXC KGEN_USDT
BingX KGEN-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against MEXC. 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
- $0.84
- Price spread: 0.000% → −0.005%
- $0.51
- Slippage, 4 orders
- −$116.51
- Fee MEXC: 4 bp × 2 orders
- −$8
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$133.16
- Costs to cover
- 1.345%
- Break-even
- 1116.7 days
Slippage from MEXC: live order book, 29 min ago; BingX: live order book, 4 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 MEXC live order book, 29 min ago | 6.17 bp | 20.5 bp −$20 | 147.4 bp −$1,474 | 478.0 bp −$47.8K | doesn't fit |
| Sell BingX live order book, 4 min ago | 12.22 bp | 45.3 bp −$45 | 116.8 bp −$1,168 | 745.3 bp −$74.5K | 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 | 0.1640 | −0.061% | $755K | $323K | 20x | as long as short |
| OKX KGEN-USDT-SWAP | +0.0100% | 4h | 0.1641 | 0.000% | $199K | $122K | 10x | as long as short |
| KuCoin KGENUSDTM | +0.0100% | 4h | 0.1641 | +0.012% | $753K | $1.8M | 50x | as long as short |
| Variational Omni KGEN | +0.0100% | 4h | 0.1636 | −0.322% | $5K | $1K | — | as long as short |
| SunX KGEN-USDT | +0.0100% | 4h | 0.1639 | −0.146% | $2K | $860K | 20x | as long as short |
| Gate KGEN_USDT | +0.0152% | 4h | 0.1637 | −0.262% | $1.6M | $86K | 50x | as long as short |
| Bitget KGENUSDT | +0.0344% | 4h | 0.1643 | +0.110% | $1.7M | $164K | 50x | as long as short |
| MEXC KGEN_USDTlong | +0.0384% | 4h | 0.1641 | long leg | $461K | $107K | 50x | |
| BingX KGEN-USDTshort | +0.0388% | 4h | 0.1641 | 0.000% | — | $6.5M | — | |
| Binance KGENUSDT | +0.0391% | 4h | 0.1641 | 0.000% | $5.1M | $836K | 50x | as long as short |
Bybit KGENUSDT
OKX KGEN-USDT-SWAP
KuCoin KGENUSDTM
Variational Omni KGEN
SunX KGEN-USDT
Gate KGEN_USDT
Bitget KGENUSDT
Binance KGENUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin KGEN-USDT | +0.0409% | 4h | 0.1639 | −0.122% | $221K | $19K | 50x | as long as short |
| Aster KGENUSDT | +0.0984% | 4h | 0.1635 | −0.343% | $20K | $2K | 5x | as long as short |
BloFin KGEN-USDT
Aster KGENUSDT