KGEN

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0522%/8h= +57.2% APRnext payment +$2.61 per $10,000 · paid last 24h +0.177%

Price spread now: BingX against OKX−0.187%7-day average +0.014% · you buy dearer than you sell

Net, funding: paid 7d − costs−$181as in the Funding arb table

Net, price: spread back to 7d avg − costs−$235as in the Price arb table

costs, in and out, $10k−$2152.154% of the position

Long on OKX Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.344%+$34 on $10k

Price spread, last 4 days (all we have)+0.146%+$15 · spread now −0.187%, 7d avg +0.014%

Together, before fees+0.490%+$49 on $10k · with fees, hour by hour

Funding pays, the price is against you. BingX is 0.201% cheaper against OKX than usual: you would sell low and buy high (spread −0.187% now, against its 7-day average of +0.014%). If the spread goes back, that is −$20 on $10k: about 31 hours of funding at the current rate (+$16 a day). At the pace of the last 7 days (+0.344% in total) that is about 4.1 days.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.344% in total (about 17.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.61 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX KGEN-USDT-SWAP	0.1600	0.0100	pay 0.0050% / 4h	1h 05m	$193K	$124K	10x
Short	BingX KGEN-USDT	0.1597	0.0622	get 0.0311% / 4h	1h 05m	—	$6.5M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against OKX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee OKXbpFee BingXbpOrdersPrice spread, now −0.187%Rate

Funding earned: $109.62
Price spread: −0.187% → +0.014%: −$20.1
Slippage, 4 orders: −$195.37
Fee OKX: 5 bp × 2 orders: −$10
Fee BingX: 5 bp × 2 orders: −$10
Net: −$125.85
Costs to cover: 2.154%
Break-even: 15.0 days

Slippage from OKX: live order book, 10 min ago; BingX: live order book, 11 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, 10 min ago	6.26 bp	68.8 bp −$69	22952.6 bp −$229.5K	290854.6 bp −$29.09M	doesn't fit
Sell BingX live order book, 11 min ago	9.38 bp	38.8 bp −$39	103.0 bp −$1,030	627.4 bp −$62.7K	1035.2 bp −$517.6K

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	0.1598	−0.150%	$740K	$328K	20x	as long as short
OKX KGEN-USDT-SWAPlong	+0.0100%	4h	0.1600	long leg	$193K	$124K	10x
KuCoin KGENUSDTM	+0.0100%	4h	0.1598	−0.119%	$726K	$1.5M	50x	as long as short
Variational Omni KGEN	+0.0100%	4h	0.1598	−0.138%	$5K	$1K	—	as long as short
SunX KGEN-USDT	+0.0100%	4h	0.1593	−0.412%	$2K	$857K	20x	as long as short
Bitget KGENUSDT	+0.0190%	4h	0.1599	−0.069%	$1.7M	$169K	50x	as long as short
BloFin KGEN-USDT	+0.0600%	4h	0.1597	−0.187%	$222K	$18K	50x	as long as short
MEXC KGEN_USDT	+0.0602%	4h	0.1598	−0.125%	$435K	$98K	50x	as long as short
Binance KGENUSDT	+0.0603%	4h	0.1598	−0.124%	$4.9M	$905K	50x	as long as short
BingX KGEN-USDTshort	+0.0622%	4h	0.1597	−0.187%	—	$6.5M	—

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster KGENUSDT	+0.1098%	4h	0.1598	−0.146%	$19K	$5K	5x	as long as short
Gate KGEN_USDT	+0.1312%	4h	0.1595	−0.338%	$1.5M	$95K	50x	as long as short