Funding you earn now, next payment 04:00 UTC+0.0037%/8h= +4.1% APRnext payment +$0.19 per $10,000 · paid last 24h +0.150%
Price spread now: BloFin against Bitget+0.148%95s7-day average +0.022% · you sell dearer than you buy
Net, funding: paid 7d − costs−$110as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1451.452% of the position
Funding, last 7 days+0.351%+$35 on $10k
+Price spread, last 4 days (all we have)+0.032%+$3 · spread now +0.148%, 7d avg +0.022%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.126% dearer against Bitget than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of +0.022%. The two prices were read 95 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget KGENUSDT | 0.1622 | 0.0446 | pay 0.0223% / 4h | 23m 38s | $1.7M | $168K | 50x |
| Short | BloFin KGEN-USDT | 0.1624 | 0.0483 | get 0.0242% / 4h | 23m 38s | $223K | $18K | 50x |
Bitget KGENUSDT
BloFin KGEN-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $7.83
- Price spread: +0.148% → +0.022%
- $12.58
- Slippage, 4 orders
- −$121.15
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$124.74
- Costs to cover
- 1.452%
- Break-even
- 118.5 days
Slippage from Bitget: live order book, 3 min ago; BloFin: live order book, 7 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 | 8.95 bp | 41.9 bp −$42 | 294.8 bp −$2,948 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 7 min ago | 9.26 bp | 34.8 bp −$35 | 124.2 bp −$1,242 | 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 | 0.1620 | −0.099% | $754K | $303K | 20x | as long as short |
| OKX KGEN-USDT-SWAP | +0.0100% | 4h | 0.1620 | −0.099% | $197K | $118K | 10x | as long as short |
| Gate KGEN_USDT | +0.0100% | 4h | 0.1617 | −0.265% | $1.5M | $82K | 50x | as long as short |
| KuCoin KGENUSDTM | +0.0100% | 4h | 0.1621 | −0.043% | $739K | $1.7M | 50x | as long as short |
| Variational Omni KGEN | +0.0100% | 4h | 0.1619 | −0.179% | $5K | $1K | — | as long as short |
| SunX KGEN-USDT | +0.0100% | 4h | 0.1619 | −0.167% | $3K | $826K | 20x | as long as short |
| BingX KGEN-USDT | +0.0422% | 4h | 0.1621 | −0.037% | — | $6.5M | — | as long as short |
| Bitget KGENUSDTlong | +0.0446% | 4h | 0.1622 | long leg | $1.7M | $168K | 50x | |
| MEXC KGEN_USDT | +0.0464% | 4h | 0.1621 | −0.037% | $451K | $101K | 50x | as long as short |
| Binance KGENUSDT | +0.0465% | 4h | 0.1622 | +0.021% | $5.0M | $824K | 50x | as long as short |
Bybit KGENUSDT
OKX KGEN-USDT-SWAP
Gate KGEN_USDT
KuCoin KGENUSDTM
Variational Omni KGEN
SunX KGEN-USDT
BingX KGEN-USDT
MEXC KGEN_USDT
Binance KGENUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin KGEN-USDTshort | +0.0483% | 4h | 0.1624 | +0.148% | $223K | $18K | 50x | |
| Aster KGENUSDT | +0.0837% | 4h | 0.1618 | −0.234% | $19K | $4K | 5x | as long as short |
Aster KGENUSDT