Funding you earn now, next payment 04:00 UTC+0.0028%/8h= +3.0% APRnext payment +$0.14 per $10,000 · paid last 24h +0.002%
Price spread now: Binance against BloFin+0.370%7-day average −0.031% · you sell dearer than you buy
Net, funding: paid 7d − costs−$164as in the Funding arb table
Net, price: spread back to 7d avg − costs−$125as in the Price arb table
costs, in and out, $10k−$1651.653% of the position
Funding, last 7 days+0.009%+$1 on $10k
+Price spread, last 4 days (all we have)−0.448%−$45 · spread now +0.370%, 7d avg −0.031%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Binance is 0.402% dearer against BloFin than usual: you sell high and buy low: +$40 more if the spread goes back to its 7-day average of −0.031%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin KGEN-USDT | 0.1620 | 0.0498 | pay 0.0249% / 4h | 18m 41s | $221K | $18K | 50x |
| Short | Binance KGENUSDT | 0.1626 | 0.0525 | get 0.0263% / 4h | 18m 41s | $5.0M | $829K | 50x |
BloFin KGEN-USDT
Binance KGENUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BloFin. 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
- $5.81
- Price spread: +0.370% → −0.031%
- $40.17
- Slippage, 4 orders
- −$143.27
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$119.29
- Costs to cover
- 1.653%
- Break-even
- 150.8 days
Slippage from BloFin: live order book, 12 min ago; Binance: live order book, 4 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 BloFin live order book, 12 min ago | 9.26 bp | 39.8 bp −$40 | 142.3 bp −$1,423 | doesn't fit | doesn't fit |
| Sell Binance live order book, 4 min ago | 6.16 bp | 45.5 bp −$46 | 207.1 bp −$2,071 | 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 | 0.1625 | +0.309% | $757K | $305K | 20x | as long as short |
| OKX KGEN-USDT-SWAP | +0.0100% | 4h | 0.1628 | +0.494% | $198K | $118K | 10x | as long as short |
| KuCoin KGENUSDTM | +0.0100% | 4h | 0.1625 | +0.327% | $742K | $1.7M | 50x | as long as short |
| Variational Omni KGEN | +0.0100% | 4h | 0.1621 | +0.043% | $5K | $1K | — | as long as short |
| SunX KGEN-USDT | +0.0100% | 4h | 0.1619 | −0.086% | $2K | $827K | 20x | as long as short |
| Gate KGEN_USDT | +0.0126% | 4h | 0.1624 | +0.228% | $1.5M | $82K | 50x | as long as short |
| BingX KGEN-USDT | +0.0442% | 4h | 0.1626 | +0.370% | — | $6.5M | — | as long as short |
| Bitget KGENUSDT | +0.0478% | 4h | 0.1627 | +0.444% | $1.7M | $170K | 50x | as long as short |
| BloFin KGEN-USDTlong | +0.0498% | 4h | 0.1620 | long leg | $221K | $18K | 50x | |
| MEXC KGEN_USDT | +0.0508% | 4h | 0.1622 | +0.123% | $458K | $102K | 50x | as long as short |
Bybit KGENUSDT
OKX KGEN-USDT-SWAP
KuCoin KGENUSDTM
Variational Omni KGEN
SunX KGEN-USDT
Gate KGEN_USDT
BingX KGEN-USDT
Bitget KGENUSDT
MEXC KGEN_USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance KGENUSDTshort | +0.0525% | 4h | 0.1626 | +0.370% | $5.0M | $829K | 50x | |
| Aster KGENUSDT | +0.0886% | 4h | 0.1621 | +0.081% | $19K | $4K | 5x | as long as short |
Aster KGENUSDT