Funding you earn now, next payment 04:00 UTC−0.0536%/8h= −58.7% APRnext payment −$2.68 per $10,000 · paid last 24h −0.203%
Price spread now: Bybit against MEXC−0.247%7-day average −0.022% · you buy dearer than you sell
Net, funding: paid 7d − costs−$332as in the Funding arb table
Net, price: spread back to 7d avg − costs−$314as in the Price arb table
costs, in and out, $10k−$2912.913% of the position
Funding, last 7 days−0.408%−$41 on $10k
+Price spread, last 4 days (all we have)+0.247%+$25 · spread now −0.247%, 7d avg −0.022%
=Both sides work against this trade now: funding costs −$16 a day on $10k at the current rate, and Bybit is 0.225% cheaper against MEXC than usual: you would sell low and buy high (−$23 if the spread goes back to its 7-day average of −0.022%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC KGEN_USDT | 0.1620 | 0.0636 | pay 0.0318% / 4h | 3h 27m | $454K | $98K | 50x |
| Short | Bybit KGENUSDT | 0.1616 | 0.0100 | get 0.0050% / 4h | 3h 27m | $749K | $332K | 20x |
MEXC KGEN_USDT
Bybit KGENUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$112.56
- Price spread: −0.247% → −0.022%
- −$22.54
- Slippage, 4 orders
- −$272.32
- Fee MEXC: 4 bp × 2 orders
- −$8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$426.42
- Costs to cover
- 2.913%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 29 min ago; Bybit: live order book, 42 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 | 6.18 bp | 21.3 bp −$21 | 167.9 bp −$1,679 | 545.4 bp −$54.5K | doesn't fit |
| Sell Bybit live order book, 42 min ago | 6.22 bp | 124.3 bp −$124 | 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 KGENUSDTshort | +0.0100% | 4h | 0.1616 | −0.247% | $749K | $332K | 20x | |
| OKX KGEN-USDT-SWAP | +0.0100% | 4h | 0.1612 | −0.494% | $195K | $121K | 10x | as long as short |
| KuCoin KGENUSDTM | +0.0100% | 4h | 0.1619 | −0.074% | $742K | $1.5M | 50x | as long as short |
| Variational Omni KGEN | +0.0100% | 4h | 0.1616 | −0.262% | $5K | $1K | — | as long as short |
| SunX KGEN-USDT | +0.0100% | 4h | 0.1617 | −0.185% | $2K | $873K | 20x | as long as short |
| Gate KGEN_USDT | +0.0128% | 4h | 0.1615 | −0.290% | $1.5M | $93K | 50x | as long as short |
| Bitget KGENUSDT | +0.0298% | 4h | 0.1618 | −0.148% | $1.7M | $167K | 50x | as long as short |
| BloFin KGEN-USDT | +0.0588% | 4h | 0.1620 | 0.000% | $223K | $19K | 50x | as long as short |
| BingX KGEN-USDT | +0.0620% | 4h | 0.1616 | −0.247% | — | $6.5M | — | as long as short |
| MEXC KGEN_USDTlong | +0.0636% | 4h | 0.1620 | long leg | $454K | $98K | 50x |
OKX KGEN-USDT-SWAP
KuCoin KGENUSDTM
Variational Omni KGEN
SunX KGEN-USDT
Gate KGEN_USDT
Bitget KGENUSDT
BloFin KGEN-USDT
BingX KGEN-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance KGENUSDT | +0.0640% | 4h | 0.1617 | −0.185% | $5.0M | $900K | 50x | as long as short |
| Aster KGENUSDT | +0.1177% | 4h | 0.1615 | −0.323% | $19K | $4K | 5x | as long as short |
Binance KGENUSDT
Aster KGENUSDT