Settings8H · net · $10k
Funding arb · Price arb /

KGEN

all KGEN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0084%/8h= +9.2% APRnext payment +$0.42 per $10,000 · paid last 24h +0.129%
Price spread now: MEXC against Bitget−0.091%7-day average −0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs−$94as in the Funding arb table
Net, price: spread back to 7d avg − costs−$138as in the Price arb table
costs, in and out, $10k−$1301.299% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.363%+$36 on $10k
Price spread, last 4 days (all we have)+0.176%+$18 · spread now −0.091%, 7d avg −0.013%
Together, before fees+0.540%+$54 on $10k · with fees, hour by hour
Funding pays, the price is against you. MEXC is 0.078% cheaper against Bitget than usual: you would sell low and buy high (spread −0.091% now, against its 7-day average of −0.013%). If the spread goes back, that is −$8 on $10k: about 3.1 days of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.363% in total) that is about 36 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget KGENUSDT0.16400.0308pay 0.0154% / 4h1h 54m$1.7M$164K50x
ShortMEXC KGEN_USDT0.16380.0392get 0.0196% / 4h1h 54m$467K$105K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against Bitget. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$17.64
Price spread: −0.091% → −0.013%
−$7.8
Slippage, 4 orders
−$109.87
Fee Bitget: 6 bp × 2 orders
−$12
Fee MEXC: 4 bp × 2 orders
−$8
Net
−$120.04
Costs to cover
1.299%
Break-even
54.6 days
Slippage from Bitget: live order book, 2 min ago; MEXC: live order book, 36 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 2 min ago11.88 bp43.0 bp −$43289.4 bp −$2,894doesn't fitdoesn't fit
Sell MEXC live order book, 36 min ago6.17 bp21.3 bp −$21178.4 bp −$1,784467.2 bp −$46.7Kdoesn't fit

KGEN on 12 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit KGENUSDT+0.0100%4h0.1637−0.152%$754K$323K20xas long as short
OKX KGEN-USDT-SWAP+0.0100%4h0.1638−0.091%$199K$122K10xas long as short
KuCoin KGENUSDTM+0.0100%4h0.1636−0.238%$749K$1.9M50xas long as short
Variational Omni KGEN+0.0100%4h0.1639−0.048%$5K$1Kas long as short
SunX KGEN-USDT+0.0100%4h0.1636−0.226%$2K$863K20xas long as short
Gate KGEN_USDT+0.0118%4h0.1634−0.360%$1.5M$84K50xas long as short
Bitget KGENUSDTlong+0.0308%4h0.1640long leg$1.7M$164K50x
Binance KGENUSDT+0.0388%4h0.1638−0.096%$5.0M$836K50xas long as short
MEXC KGEN_USDTshort+0.0392%4h0.1638−0.091%$467K$105K50x
BingX KGEN-USDT+0.0393%4h0.1637−0.152%$6.6Mas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin KGEN-USDT+0.0434%4h0.1642+0.152%$223K$19K50xas long as short
Aster KGENUSDT+0.0992%4h0.1634−0.354%$20K$2K5xas long as short