Funding you earn now, next payment 00:00 UTC−0.0552%/8h= −60.4% APRnext payment −$2.76 per $10,000 · paid last 24h −0.128%
Price spread now: Bitget against BingX+0.025%7-day average −0.034% · you sell dearer than you buy
Net, funding: paid 7d − costs−$196as in the Funding arb table
Net, price: spread back to 7d avg − costs−$158as in the Price arb table
costs, in and out, $10k−$1631.634% of the position
Funding, last 7 days−0.323%−$32 on $10k
+Price spread, last 7 days−0.165%−$16 · spread now +0.025%, 7d avg −0.034%
=The price spread pays, funding is against you. Bitget is 0.059% dearer against BingX than usual: you sell high and buy low (spread +0.025% now, against its 7-day average of −0.034%): +$6 on $10k if it goes back. Holding the pair costs −$17 a day in funding at the current rate, which eats that in about 9 hours. At the pace of the last 7 days (−0.323% in total) that is about 31 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.323% in total (about -16.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.76 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 | BingX KGEN-USDT | 0.1603 | 0.0864 | pay 0.0432% / 4h | 2h 25m | — | $6.5M | — |
| Short | Bitget KGENUSDT | 0.1603 | 0.0312 | get 0.0156% / 4h | 2h 25m | $1.7M | $177K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$115.92
- Price spread: +0.025% → −0.034%
- $5.91
- Slippage, 4 orders
- −$141.43
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$273.45
- Costs to cover
- 1.634%
- Break-even
- never at this rate
Slippage from BingX: live order book, 6 min ago; Bitget: live order book, 2 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, 6 min ago | 9.38 bp | 39.6 bp −$40 | 117.4 bp −$1,174 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 2 min ago | 6.55 bp | 40.4 bp −$40 | 309.2 bp −$3,092 | 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 | 0.1604 | +0.056% | $745K | $330K | 20x | as long as short |
| OKX KGEN-USDT-SWAP | +0.0100% | 4h | 0.1600 | −0.187% | $195K | $129K | 10x | as long as short |
| KuCoin KGENUSDTM | +0.0100% | 4h | 0.1602 | −0.069% | $727K | $1.5M | 50x | as long as short |
| Variational Omni KGEN | +0.0100% | 4h | 0.1604 | +0.059% | $5K | $1K | — | as long as short |
| SunX KGEN-USDT | +0.0100% | 4h | 0.1598 | −0.312% | $3K | $849K | 20x | as long as short |
| Bitget KGENUSDTshort | +0.0312% | 4h | 0.1603 | +0.025% | $1.7M | $177K | 50x | |
| BingX KGEN-USDTlong | +0.0864% | 4h | 0.1603 | long leg | — | $6.5M | — | |
| BloFin KGEN-USDT | +0.0901% | 4h | 0.1605 | +0.125% | $224K | $18K | 50x | as long as short |
| MEXC KGEN_USDT | +0.0912% | 4h | 0.1602 | −0.062% | $437K | $96K | 50x | as long as short |
| Binance KGENUSDT | +0.0918% | 4h | 0.1603 | −0.009% | $4.9M | $905K | 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 | +0.1139% | 4h | 0.1598 | −0.312% | $19K | $5K | 5x | as long as short |
| Gate KGEN_USDT | +0.1580% | 4h | 0.1595 | −0.480% | $1.5M | $96K | 50x | as long as short |
BingX KGEN-USDT
Bitget KGENUSDT
Bybit KGENUSDT
OKX KGEN-USDT-SWAP
KuCoin KGENUSDTM
Variational Omni KGEN
SunX KGEN-USDT
BloFin KGEN-USDT
MEXC KGEN_USDT
Binance KGENUSDT
Aster KGENUSDT
Gate KGEN_USDT