Funding you earn now, next payment 00:00 UTC+0.0422%/8h= +46.2% APRnext payment +$2.11 per $10,000 · paid last 24h +0.128%
Price spread now: BingX against Bitget−0.162%7-day average +0.032% · you buy dearer than you sell
Net, funding: paid 7d − costs−$131as in the Funding arb table
Net, price: spread back to 7d avg − costs−$182as in the Price arb table
costs, in and out, $10k−$1631.630% of the position
Funding, last 7 days+0.323%+$32 on $10k
+Price spread, last 7 days+0.198%+$20 · spread now −0.162%, 7d avg +0.032%
=Funding pays, the price is against you. BingX is 0.194% cheaper against Bitget than usual: you would sell low and buy high (spread −0.162% now, against its 7-day average of +0.032%). If the spread goes back, that is −$19 on $10k: about 37 hours of funding at the current rate (+$13 a day). At the pace of the last 7 days (+0.323% in total) that is about 4.2 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget KGENUSDT | 0.1608 | 0.0146 | pay 0.0073% / 4h | 48m 54s | $1.7M | $164K | 50x |
| Short | BingX KGEN-USDT | 0.1605 | 0.0568 | get 0.0284% / 4h | 48m 54s | — | $6.5M | — |
Bitget KGENUSDT
BingX KGEN-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Bitget. 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
- $88.62
- Price spread: −0.162% → +0.032%
- −$19.37
- Slippage, 4 orders
- −$140.95
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$93.7
- Costs to cover
- 1.630%
- Break-even
- 14.4 days
Slippage from Bitget: live order book, 3 min ago; BingX: 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 Bitget live order book, 3 min ago | 6.53 bp | 33.5 bp −$33 | 324.1 bp −$3,241 | doesn't fit | doesn't fit |
| Sell BingX live order book, 2 min ago | 9.34 bp | 42.8 bp −$43 | 110.4 bp −$1,104 | 669.9 bp −$67.0K | 1093.7 bp −$546.8K |
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 | 0.1605 | −0.162% | $743K | $329K | 20x | as long as short |
| OKX KGEN-USDT-SWAP | +0.0100% | 4h | 0.1605 | −0.162% | $193K | $123K | 10x | as long as short |
| KuCoin KGENUSDTM | +0.0100% | 4h | 0.1606 | −0.081% | $729K | $1.5M | 50x | as long as short |
| Variational Omni KGEN | +0.0100% | 4h | 0.1606 | −0.112% | $5K | $1K | — | as long as short |
| SunX KGEN-USDT | +0.0100% | 4h | 0.1601 | −0.392% | $2K | $856K | 20x | as long as short |
| Bitget KGENUSDTlong | +0.0146% | 4h | 0.1608 | long leg | $1.7M | $164K | 50x | |
| BingX KGEN-USDTshort | +0.0568% | 4h | 0.1605 | −0.162% | — | $6.5M | — | |
| BloFin KGEN-USDT | +0.0590% | 4h | 0.1605 | −0.162% | $222K | $18K | 50x | as long as short |
| MEXC KGEN_USDT | +0.0608% | 4h | 0.1604 | −0.224% | $437K | $95K | 50x | as long as short |
| Binance KGENUSDT | +0.0622% | 4h | 0.1605 | −0.166% | $4.9M | $887K | 50x | as long as short |
Bybit KGENUSDT
OKX KGEN-USDT-SWAP
KuCoin KGENUSDTM
Variational Omni KGEN
SunX KGEN-USDT
BloFin KGEN-USDT
MEXC KGEN_USDT
Binance KGENUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster KGENUSDT | +0.1180% | 4h | 0.1604 | −0.224% | $19K | $5K | 5x | as long as short |
| Gate KGEN_USDT | +0.1426% | 4h | 0.1602 | −0.355% | $1.5M | $94K | 50x | as long as short |
Aster KGENUSDT
Gate KGEN_USDT