Funding you earn now, next payment 00:00 UTC−0.0028%/8h= −3.1% APRnext payment −$0.14 per $10,000 · paid last 24h −0.049%
Price spread now: OKX against Bitget−0.230%7-day average −0.030% · you buy dearer than you sell
Net, funding: paid 7d − costs−$210as in the Funding arb table
Net, price: spread back to 7d avg − costs−$228as in the Price arb table
costs, in and out, $10k−$2082.079% of the position
Funding, last 7 days−0.021%−$2 on $10k
+Price spread, last 4 days (all we have)+0.315%+$31 · spread now −0.230%, 7d avg −0.030%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and OKX is 0.200% cheaper against Bitget than usual: you would sell low and buy high (−$20 if the spread goes back to its 7-day average of −0.030%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget KGENUSDT | 0.1610 | 0.0128 | pay 0.0064% / 4h | 25m 55s | $1.7M | $165K | 50x |
| Short | OKX KGEN-USDT-SWAP | 0.1606 | 0.0100 | get 0.0050% / 4h | 25m 55s | $193K | $123K | 10x |
Bitget KGENUSDT
OKX KGEN-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$5.88
- Price spread: −0.230% → −0.030%
- −$19.99
- Slippage, 4 orders
- −$185.92
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$233.79
- Costs to cover
- 2.079%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 1 min ago; OKX: live order book, 49 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, 1 min ago | 5.28 bp | 33.8 bp −$34 | 292.1 bp −$2,921 | doesn't fit | doesn't fit |
| Sell OKX live order book, 49 min ago | 6.26 bp | 66.7 bp −$67 | 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 | 0.1606 | −0.230% | $745K | $329K | 20x | as long as short |
| OKX KGEN-USDT-SWAPshort | +0.0100% | 4h | 0.1606 | −0.230% | $193K | $123K | 10x | |
| Variational Omni KGEN | +0.0100% | 4h | 0.1608 | −0.117% | $5K | $1K | — | as long as short |
| SunX KGEN-USDT | +0.0100% | 4h | 0.1605 | −0.298% | $2K | $856K | 20x | as long as short |
| Bitget KGENUSDTlong | +0.0128% | 4h | 0.1610 | long leg | $1.7M | $165K | 50x | |
| KuCoin KGENUSDTM | +0.0220% | 4h | 0.1605 | −0.261% | $731K | $1.5M | 50x | as long as short |
| BingX KGEN-USDT | +0.0682% | 4h | 0.1607 | −0.168% | — | $6.5M | — | as long as short |
| BloFin KGEN-USDT | +0.0711% | 4h | 0.1604 | −0.354% | $159K | $18K | 50x | as long as short |
| MEXC KGEN_USDT | +0.0718% | 4h | 0.1607 | −0.168% | $450K | $98K | 50x | as long as short |
| Binance KGENUSDT | +0.0722% | 4h | 0.1607 | −0.168% | $4.9M | $887K | 50x | as long as short |
Bybit KGENUSDT
Variational Omni KGEN
SunX KGEN-USDT
KuCoin KGENUSDTM
BingX 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 | +0.1255% | 4h | 0.1607 | −0.187% | $19K | $5K | 5x | as long as short |
| Gate KGEN_USDT | +0.1488% | 4h | 0.1604 | −0.329% | $1.5M | $94K | 50x | as long as short |
Aster KGENUSDT
Gate KGEN_USDT