Funding you earn now, next payment 04:00 UTC−0.0050%/8h= −5.5% APRnext payment −$0.25 per $10,000 · paid last 24h −0.151%
Price spread now: Bitget against MEXC+0.068%7-day average +0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$152as in the Funding arb table
Net, price: spread back to 7d avg − costs−$111as in the Price arb table
costs, in and out, $10k−$1171.165% of the position
Funding, last 7 days−0.356%−$36 on $10k
+Price spread, last 4 days (all we have)−0.130%−$13 · spread now +0.068%, 7d avg +0.010%
=The price spread pays, funding is against you. Bitget is 0.058% dearer against MEXC than usual: you sell high and buy low (spread +0.068% now, against its 7-day average of +0.010%): +$6 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 3.9 days. At the pace of the last 7 days (−0.356% in total) that is about 27 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC KGEN_USDT | 0.1624 | 0.0524 | pay 0.0262% / 4h | 17m 25s | $459K | $102K | 50x |
| Short | Bitget KGENUSDT | 0.1625 | 0.0474 | get 0.0237% / 4h | 17m 25s | $1.7M | $171K | 50x |
MEXC KGEN_USDT
Bitget KGENUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$10.5
- Price spread: +0.068% → +0.010%
- $5.8
- Slippage, 4 orders
- −$96.52
- Fee MEXC: 4 bp × 2 orders
- −$8
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$121.22
- Costs to cover
- 1.165%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 23 min ago; Bitget: 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, 23 min ago | 6.22 bp | 20.0 bp −$20 | 121.8 bp −$1,218 | 544.6 bp −$54.5K | doesn't fit |
| Sell Bitget live order book, 4 min ago | 11.09 bp | 38.0 bp −$38 | 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 | 0.1623 | −0.062% | $756K | $305K | 20x | as long as short |
| OKX KGEN-USDT-SWAP | +0.0100% | 4h | 0.1624 | 0.000% | $197K | $119K | 10x | as long as short |
| KuCoin KGENUSDTM | +0.0100% | 4h | 0.1626 | +0.142% | $742K | $1.7M | 50x | as long as short |
| Variational Omni KGEN | +0.0100% | 4h | 0.1621 | −0.203% | $5K | $1K | — | as long as short |
| SunX KGEN-USDT | +0.0100% | 4h | 0.1621 | −0.203% | $2K | $833K | 20x | as long as short |
| Gate KGEN_USDT | +0.0122% | 4h | 0.1621 | −0.191% | $1.5M | $83K | 50x | as long as short |
| Bitget KGENUSDTshort | +0.0474% | 4h | 0.1625 | +0.068% | $1.7M | $171K | 50x | |
| BingX KGEN-USDT | +0.0484% | 4h | 0.1624 | 0.000% | — | $6.5M | — | as long as short |
| BloFin KGEN-USDT | +0.0498% | 4h | 0.1620 | −0.246% | $221K | $18K | 50x | as long as short |
| MEXC KGEN_USDTlong | +0.0524% | 4h | 0.1624 | long leg | $459K | $102K | 50x |
Bybit KGENUSDT
OKX KGEN-USDT-SWAP
KuCoin KGENUSDTM
Variational Omni KGEN
SunX KGEN-USDT
Gate KGEN_USDT
BingX KGEN-USDT
BloFin KGEN-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance KGENUSDT | +0.0538% | 4h | 0.1624 | +0.003% | $5.0M | $830K | 50x | as long as short |
| Aster KGENUSDT | +0.0907% | 4h | 0.1622 | −0.101% | $19K | $4K | 5x | as long as short |
Binance KGENUSDT
Aster KGENUSDT