Funding you earn now, next payment 04:00 UTC−0.0481%/8h= −52.7% APRnext payment −$2.41 per $10,000 · paid last 24h −0.131%
Price spread now: Gate against Binance−0.278%7-day average −0.190% · you buy dearer than you sell
Net, funding: paid 7d − costs−$760as in the Funding arb table
Net, price: spread back to 7d avg − costs−$760as in the Price arb table
costs, in and out, $10k−$7517.512% of the position
Funding, last 7 days−0.086%−$9 on $10k
+Price spread, last 7 days+0.030%+$3 · spread now −0.278%, 7d avg −0.190%
=Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and Gate is 0.088% cheaper against Binance than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of −0.190%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.086% in total (about -4.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.41 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 | Binance KGENUSDT | 0.1617 | 0.0587 | pay 0.0294% / 4h | 3h 06m | $5.0M | $885K | 50x |
| Short | Gate KGEN_USDT | 0.1613 | 0.0106 | get 0.0053% / 4h | 3h 06m | $1.5M | $94K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$101.06
- Price spread: −0.278% → −0.190%
- −$8.82
- Slippage, 4 orders
- −$726.23
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$861.11
- Costs to cover
- 7.512%
- Break-even
- never at this rate
Slippage from Binance: live order book, 1 min ago; Gate: live order book, 1 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, 1 min ago | 6.17 bp | 44.5 bp −$44 | 260.3 bp −$2,603 | doesn't fit | doesn't fit |
| Sell Gate live order book, 1 min ago | 9.29 bp | 356.1 bp −$356 | 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 | 0.1616 | −0.087% | $750K | $331K | 20x | as long as short |
| OKX KGEN-USDT-SWAP | +0.0100% | 4h | 0.1618 | +0.062% | $196K | $118K | 10x | as long as short |
| KuCoin KGENUSDTM | +0.0100% | 4h | 0.1616 | −0.037% | $738K | $1.6M | 50x | as long as short |
| Variational Omni KGEN | +0.0100% | 4h | 0.1616 | −0.078% | $5K | $1K | — | as long as short |
| SunX KGEN-USDT | +0.0100% | 4h | 0.1617 | −0.012% | $2K | $869K | 20x | as long as short |
| Gate KGEN_USDTshort | +0.0106% | 4h | 0.1613 | −0.278% | $1.5M | $94K | 50x | |
| Bitget KGENUSDT | +0.0320% | 4h | 0.1618 | +0.080% | $1.7M | $166K | 50x | as long as short |
| BingX KGEN-USDT | +0.0566% | 4h | 0.1617 | 0.000% | — | $6.5M | — | as long as short |
| BloFin KGEN-USDT | +0.0579% | 4h | 0.1622 | +0.309% | $223K | $18K | 50x | as long as short |
| MEXC KGEN_USDT | +0.0586% | 4h | 0.1617 | 0.000% | $453K | $99K | 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 | +0.0587% | 4h | 0.1617 | long leg | $5.0M | $885K | 50x | |
| Aster KGENUSDT | +0.1113% | 4h | 0.1614 | −0.182% | $19K | $4K | 5x | as long as short |
Binance KGENUSDT
Gate KGEN_USDT
Bybit KGENUSDT
OKX KGEN-USDT-SWAP
KuCoin KGENUSDTM
Variational Omni KGEN
SunX KGEN-USDT
Bitget KGENUSDT
BingX KGEN-USDT
BloFin KGEN-USDT
MEXC KGEN_USDT
Aster KGENUSDT