Funding you earn now, next payment 04:00 UTC−0.0033%/8h= −3.7% APRnext payment −$0.17 per $10,000 · paid last 24h −0.001%
Price spread now: BloFin against Binance+0.187%421s7-day average +0.037% · you sell dearer than you buy
Net, funding: paid 7d − costs−$137as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1361.362% of the position
Funding, last 7 days−0.008%−$1 on $10k
+Price spread, last 3 days (all we have)−0.158%−$16 · spread now +0.187%, 7d avg +0.037%
=The price spread pays, funding is against you. BloFin is 0.150% dearer against Binance than usual: you sell high and buy low (spread +0.187% now, against its 7-day average of +0.037%): +$15 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 15 days. At the pace of the last 7 days (−0.008% in total) that is about 4 months. The two prices were read 421 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance KGENUSDT | 0.1607 | 0.0520 | pay 0.0260% / 4h | 2h 42m | $4.9M | $901K | 50x |
| Short | BloFin KGEN-USDT | 0.1610 | 0.0487 | get 0.0243% / 4h | 2h 42m | $224K | $18K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Binance. 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
- −$7.03
- Price spread: +0.187% → +0.037%
- $14.97
- Slippage, 4 orders
- −$114.23
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$128.29
- Costs to cover
- 1.362%
- Break-even
- never at this rate
Slippage from Binance: live order book, 10 min ago; BloFin: live order book, 18 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 Binance live order book, 10 min ago | 3.11 bp | 40.4 bp −$40 | 205.1 bp −$2,051 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 18 min ago | 6.20 bp | 20.3 bp −$20 | 84.4 bp −$844 | 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 | 0.1606 | −0.062% | $747K | $336K | 20x | as long as short |
| OKX KGEN-USDT-SWAP | +0.0100% | 4h | 0.1607 | 0.000% | $194K | $122K | 10x | as long as short |
| Gate KGEN_USDT | +0.0100% | 4h | 0.1603 | −0.218% | $1.5M | $90K | 50x | as long as short |
| KuCoin KGENUSDTM | +0.0100% | 4h | 0.1608 | +0.044% | $736K | $1.6M | 50x | as long as short |
| Variational Omni KGEN | +0.0100% | 4h | 0.1607 | −0.015% | $5K | $1K | — | as long as short |
| SunX KGEN-USDT | +0.0100% | 4h | 0.1604 | −0.162% | $2K | $880K | 20x | as long as short |
| Bitget KGENUSDT | +0.0350% | 4h | 0.1608 | +0.087% | $1.7M | $173K | 50x | as long as short |
| BloFin KGEN-USDTshort | +0.0487% | 4h | 0.1610 | +0.187% | $224K | $18K | 50x | |
| BingX KGEN-USDT | +0.0506% | 4h | 0.1607 | 0.000% | — | $6.5M | — | as long as short |
| MEXC KGEN_USDT | +0.0520% | 4h | 0.1607 | 0.000% | $450K | $97K | 50x | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance KGENUSDTlong | +0.0520% | 4h | 0.1607 | long leg | $4.9M | $901K | 50x | |
| Aster KGENUSDT | +0.1017% | 4h | 0.1605 | −0.117% | $19K | $4K | 5x | as long as short |
Binance KGENUSDT
BloFin KGEN-USDT
Bybit KGENUSDT
OKX KGEN-USDT-SWAP
Gate KGEN_USDT
KuCoin KGENUSDTM
Variational Omni KGEN
SunX KGEN-USDT
Bitget KGENUSDT
BingX KGEN-USDT
MEXC KGEN_USDT
Aster KGENUSDT