Funding you earn now, next payment 00:00 UTC−0.0663%/8h= −72.6% APRnext payment −$3.32 per $10,000 · paid last 24h −0.187%
Price spread now: KuCoin against Binance+0.094%7-day average +0.072% · you sell dearer than you buy
Net, funding: paid 7d − costs−$499as in the Funding arb table
Net, price: spread back to 7d avg − costs−$473as in the Price arb table
costs, in and out, $10k−$4754.751% of the position
Funding, last 7 days−0.243%−$24 on $10k
+Price spread, last 7 days+0.124%+$12 · spread now +0.094%, 7d avg +0.072%
=The price spread pays, funding is against you. KuCoin is 0.022% dearer against Binance than usual: you sell high and buy low (spread +0.094% now, against its 7-day average of +0.072%): +$2 on $10k if it goes back. Holding the pair costs −$20 a day in funding at the current rate, which eats that in about 3 hours. At the pace of the last 7 days (−0.243% in total) that is about 15 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.243% in total (about -12.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.32 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 | 0.1600 | 0.0763 | pay 0.0382% / 4h | 1h 44m | $4.9M | $903K | 50x |
| Short | KuCoin KGENUSDTM | 0.1601 | 0.0100 | get 0.0050% / 4h | 1h 44m | $729K | $1.5M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$139.23
- Price spread: +0.094% → +0.072%
- $2.19
- Slippage, 4 orders
- −$453.12
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$612.16
- Costs to cover
- 4.751%
- Break-even
- never at this rate
Slippage from Binance: live order book, 8 min ago; KuCoin: live order book, 6 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, 8 min ago | 6.24 bp | 43.5 bp −$43 | 239.6 bp −$2,396 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 6 min ago | 4.99 bp | 216.3 bp −$216 | 651.4 bp −$6,514 | 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 | 0.1600 | 0.000% | $742K | $328K | 20x | as long as short |
| OKX KGEN-USDT-SWAP | +0.0100% | 4h | 0.1601 | +0.062% | $193K | $130K | 10x | as long as short |
| KuCoin KGENUSDTMshort | +0.0100% | 4h | 0.1601 | +0.094% | $729K | $1.5M | 50x | |
| Variational Omni KGEN | +0.0100% | 4h | 0.1598 | −0.134% | $5K | $1K | — | as long as short |
| SunX KGEN-USDT | +0.0100% | 4h | 0.1596 | −0.237% | $2K | $857K | 20x | as long as short |
| Bitget KGENUSDT | +0.0282% | 4h | 0.1602 | +0.131% | $1.7M | $175K | 50x | as long as short |
| BloFin KGEN-USDT | +0.0752% | 4h | 0.1600 | 0.000% | $223K | $18K | 50x | as long as short |
| BingX KGEN-USDT | +0.0760% | 4h | 0.1601 | +0.062% | — | $6.5M | — | as long as short |
| Binance KGENUSDTlong | +0.0763% | 4h | 0.1600 | long leg | $4.9M | $903K | 50x | |
| MEXC KGEN_USDT | +0.0772% | 4h | 0.1601 | +0.062% | $436K | $95K | 50x | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster KGENUSDT | +0.1150% | 4h | 0.1598 | −0.131% | $19K | $5K | 5x | as long as short |
| Gate KGEN_USDT | +0.1530% | 4h | 0.1597 | −0.194% | $1.5M | $95K | 50x | as long as short |
Binance KGENUSDT
KuCoin KGENUSDTM
Bybit KGENUSDT
OKX KGEN-USDT-SWAP
Variational Omni KGEN
SunX KGEN-USDT
Bitget KGENUSDT
BloFin KGEN-USDT
BingX KGEN-USDT
MEXC KGEN_USDT
Aster KGENUSDT
Gate KGEN_USDT