Funding you earn now, next payment 08:00 UTC+0.0030%/8h= +3.3% APRnext payment +$0.15 per $10,000 · paid last 24h +0.013%
Price spread now: Binance against BingX−0.026%7-day average +0.028% · you buy dearer than you sell
Net, funding: paid 7d − costs−$190as in the Funding arb table
Net, price: spread back to 7d avg − costs−$197as in the Price arb table
costs, in and out, $10k−$1911.913% of the position
Funding, last 7 days+0.014%+$1 on $10k
+Price spread, last 7 days+0.100%+$10 · spread now −0.026%, 7d avg +0.028%
=Funding pays, the price is against you. Binance is 0.054% cheaper against BingX than usual: you would sell low and buy high (spread −0.026% now, against its 7-day average of +0.028%). If the spread goes back, that is −$5 on $10k: about 6.0 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.014% in total) that is about 27 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX KGEN-USDT | 0.1635 | 0.0550 | pay 0.0275% / 4h | 3h 49m | — | $6.6M | — |
| Short | Binance KGENUSDT | 0.1635 | 0.0580 | get 0.0290% / 4h | 3h 49m | $5.0M | $836K | 50x |
BingX KGEN-USDT
Binance KGENUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BingX. 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
- $6.27
- Price spread: −0.026% → +0.028%
- −$5.37
- Slippage, 4 orders
- −$171.27
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$190.37
- Costs to cover
- 1.913%
- Break-even
- 219.4 days
Slippage from BingX: live order book, 2 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 BingX live order book, 2 min ago | 12.25 bp | 49.5 bp −$50 | 117.9 bp −$1,179 | doesn't fit | doesn't fit |
| Sell Binance live order book, 3 min ago | 6.12 bp | 49.6 bp −$50 | 224.4 bp −$2,244 | 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 | 0.1634 | −0.061% | $753K | $315K | 20x | as long as short |
| OKX KGEN-USDT-SWAP | +0.0100% | 4h | 0.1637 | +0.122% | $199K | $121K | 10x | as long as short |
| KuCoin KGENUSDTM | +0.0100% | 4h | 0.1633 | −0.122% | $747K | $1.7M | 50x | as long as short |
| Variational Omni KGEN | +0.0100% | 4h | 0.1633 | −0.140% | $5K | $1K | — | as long as short |
| SunX KGEN-USDT | +0.0100% | 4h | 0.1629 | −0.361% | $2K | $849K | 20x | as long as short |
| Bitget KGENUSDT | +0.0374% | 4h | 0.1633 | −0.092% | $1.7M | $174K | 50x | as long as short |
| BloFin KGEN-USDT | +0.0538% | 4h | 0.1635 | 0.000% | $226K | $19K | 50x | as long as short |
| BingX KGEN-USDTlong | +0.0550% | 4h | 0.1635 | long leg | — | $6.6M | — | |
| MEXC KGEN_USDT | +0.0578% | 4h | 0.1634 | −0.061% | $465K | $100K | 50x | as long as short |
| Binance KGENUSDTshort | +0.0580% | 4h | 0.1635 | −0.026% | $5.0M | $836K | 50x |
Bybit KGENUSDT
OKX KGEN-USDT-SWAP
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 | |
|---|---|---|---|---|---|---|---|---|
| Aster KGENUSDT | +0.1023% | 4h | 0.1631 | −0.266% | $20K | $4K | 5x | as long as short |
| Gate KGEN_USDT | +0.1080% | 4h | 0.1629 | −0.349% | $1.5M | $83K | 50x | as long as short |
Aster KGENUSDT
Gate KGEN_USDT