Funding you earn now, next payment 20:00 UTC−0.0406%/8hnext payment −$2.03 per $10,000 · paid last 24h −0.155%
Price spread now: OKX against BingX−0.125%7-day average −0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs−$218as in the Funding arb table
Net, price: spread back to 7d avg − costs−$196as in the Price arb table
costs, in and out, $10k−$1851.853% of the position
Funding, last 7 days−0.322%−$32 on $10k
+Price spread, last 3 days (all we have)+0.135%+$14 · spread now −0.125%, 7d avg −0.014%
=Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and OKX is 0.111% cheaper against BingX than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of −0.014%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX KGEN-USDT | 0.1596 | 0.0506 | pay 0.0253% / 4h | 5m 19s | — | $6.5M | — |
| Short | OKX KGEN-USDT-SWAP | 0.1594 | 0.0100 | get 0.0050% / 4h | 5m 19s | $193K | $130K | 10x |
BingX KGEN-USDT
OKX KGEN-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$85.26
- Price spread: −0.125% → −0.014%
- −$11.13
- Slippage, 4 orders
- −$165.35
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$281.73
- Costs to cover
- 1.853%
- Break-even
- never at this rate
Slippage from BingX: live order book, 5 min ago; OKX: live order book, 24 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, 5 min ago | 9.40 bp | 30.3 bp −$30 | 98.3 bp −$983 | doesn't fit | doesn't fit |
| Sell OKX live order book, 24 min ago | 9.41 bp | 58.9 bp −$59 | 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 | 0.1596 | 0.000% | $752K | $294K | 20x | as long as short |
| OKX KGEN-USDT-SWAPshort | +0.0100% | 4h | 0.1594 | −0.125% | $193K | $130K | 10x | |
| KuCoin KGENUSDTM | +0.0100% | 4h | 0.1596 | −0.019% | $724K | $1.5M | 50x | as long as short |
| Variational Omni KGEN | +0.0100% | 4h | 0.1596 | 0.000% | $3K | $12 | — | as long as short |
| SunX KGEN-USDT | +0.0100% | 4h | 0.1593 | −0.182% | $2K | $818K | 20x | as long as short |
| Gate KGEN_USDT | +0.0138% | 4h | 0.1592 | −0.282% | $1.5M | $97K | 50x | as long as short |
| Bitget KGENUSDT | +0.0202% | 4h | 0.1597 | +0.038% | $1.7M | $175K | 50x | as long as short |
| Aster KGENUSDT | +0.0317% | 4h | 0.1596 | +0.012% | $19K | $4K | 5x | as long as short |
| BingX KGEN-USDTlong | +0.0506% | 4h | 0.1596 | long leg | — | $6.5M | — | |
| MEXC KGEN_USDT | +0.0546% | 4h | 0.1596 | 0.000% | $437K | $98K | 50x | as long as short |
Bybit KGENUSDT
KuCoin KGENUSDTM
Variational Omni KGEN
SunX KGEN-USDT
Gate KGEN_USDT
Bitget KGENUSDT
Aster KGENUSDT
MEXC KGEN_USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance KGENUSDT | +0.0548% | 4h | 0.1596 | +0.025% | $4.9M | $887K | 50x | as long as short |
| BloFin KGEN-USDT | +0.0550% | 4h | 0.1597 | +0.063% | $228K | $18K | 50x | as long as short |
Binance KGENUSDT
BloFin KGEN-USDT