Funding you earn now, next payment 08:00 UTC+0.0259%/8h= +28.3% APRnext payment +$1.29 per $10,000 · paid last 24h +0.195%
Price spread now: Binance against OKX+0.095%7-day average +0.026% · you sell dearer than you buy
Net, funding: paid 7d − costs−$219as in the Funding arb table
Net, price: spread back to 7d avg − costs−$253as in the Price arb table
costs, in and out, $10k−$2592.595% of the position
Funding, last 7 days+0.404%+$40 on $10k
+Price spread, last 4 days (all we have)−0.057%−$6 · spread now +0.095%, 7d avg +0.026%
=Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Binance is 0.069% dearer against OKX than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.026%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX KGEN-USDT-SWAP | 0.1635 | 0.0100 | pay 0.0050% / 4h | 1h 49m | $198K | $122K | 10x |
| Short | Binance KGENUSDT | 0.1637 | 0.0359 | get 0.0179% / 4h | 1h 49m | $5.0M | $838K | 50x |
OKX KGEN-USDT-SWAP
Binance KGENUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against OKX. 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
- $54.31
- Price spread: +0.095% → +0.026%
- $6.86
- Slippage, 4 orders
- −$239.48
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$198.31
- Costs to cover
- 2.595%
- Break-even
- 32.6 days
Slippage from OKX: live order book, 56 min ago; Binance: live order book, 3 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 OKX live order book, 56 min ago | 12.30 bp | 74.5 bp −$75 | 30778.1 bp −$307.8K | 354997.8 bp −$35.50M | doesn't fit |
| Sell Binance live order book, 3 min ago | 6.12 bp | 43.3 bp −$43 | 205.9 bp −$2,059 | 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 | 0.1635 | −0.012% | $753K | $324K | 20x | as long as short |
| OKX KGEN-USDT-SWAPlong | +0.0100% | 4h | 0.1635 | long leg | $198K | $122K | 10x | |
| Gate KGEN_USDT | +0.0100% | 4h | 0.1631 | −0.214% | $1.5M | $84K | 50x | as long as short |
| KuCoin KGENUSDTM | +0.0100% | 4h | 0.1634 | −0.055% | $748K | $1.9M | 50x | as long as short |
| Variational Omni KGEN | +0.0100% | 4h | 0.1633 | −0.139% | $5K | $1K | — | as long as short |
| SunX KGEN-USDT | +0.0100% | 4h | 0.1632 | −0.196% | $2K | $866K | 20x | as long as short |
| Bitget KGENUSDT | +0.0290% | 4h | 0.1637 | +0.122% | $1.7M | $164K | 50x | as long as short |
| BloFin KGEN-USDT | +0.0330% | 4h | 0.1632 | −0.183% | $222K | $19K | 50x | as long as short |
| Binance KGENUSDTshort | +0.0359% | 4h | 0.1637 | +0.095% | $5.0M | $838K | 50x | |
| MEXC KGEN_USDT | +0.0362% | 4h | 0.1635 | 0.000% | $466K | $106K | 50x | as long as short |
Bybit KGENUSDT
Gate KGEN_USDT
KuCoin KGENUSDTM
Variational Omni KGEN
SunX KGEN-USDT
Bitget KGENUSDT
BloFin KGEN-USDT
MEXC KGEN_USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX KGEN-USDT | +0.0380% | 4h | 0.1635 | 0.000% | — | $6.6M | — | as long as short |
| Aster KGENUSDT | +0.0951% | 4h | 0.1631 | −0.258% | $20K | $2K | 5x | as long as short |
BingX KGEN-USDT
Aster KGENUSDT