Funding you earn now, next payment 04:00 UTC+0.0017%/8h= +1.9% APRnext payment +$0.09 per $10,000 · paid last 24h −0.015%
Price spread now: BingX against BloFin−0.186%441s7-day average −0.051% · you buy dearer than you sell
Net, funding: paid 7d − costs−$132as 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−$1321.320% of the position
Funding, last 7 days−0.005%−$1 on $10k
+Price spread, last 3 days (all we have)+0.146%+$15 · spread now −0.186%, 7d avg −0.051%
=Funding pays, the price is against you. BingX is 0.135% cheaper against BloFin than usual: you would sell low and buy high (spread −0.186% now, against its 7-day average of −0.051%). If the spread goes back, that is −$14 on $10k: about 26 days of funding at the current rate (+$1 a day). The two prices were read 441 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 | BloFin KGEN-USDT | 0.1610 | 0.0487 | pay 0.0243% / 4h | 2h 41m | $224K | $18K | 50x |
| Short | BingX KGEN-USDT | 0.1607 | 0.0504 | get 0.0252% / 4h | 2h 41m | — | $6.5M | — |
BloFin KGEN-USDT
BingX KGEN-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- $3.61
- Price spread: −0.186% → −0.051%
- −$13.54
- Slippage, 4 orders
- −$109.97
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$141.9
- Costs to cover
- 1.320%
- Break-even
- 282.0 days
Slippage from BloFin: live order book, 19 min ago; BingX: live order book, 10 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, 19 min ago | 6.20 bp | 31.4 bp −$31 | 121.3 bp −$1,213 | doesn't fit | doesn't fit |
| Sell BingX live order book, 10 min ago | 9.33 bp | 37.5 bp −$37 | 107.8 bp −$1,078 | 550.2 bp −$55.0K | 1056.3 bp −$528.1K |
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 | −0.248% | $747K | $336K | 20x | as long as short |
| OKX KGEN-USDT-SWAP | +0.0100% | 4h | 0.1607 | −0.186% | $194K | $122K | 10x | as long as short |
| Gate KGEN_USDT | +0.0100% | 4h | 0.1604 | −0.379% | $1.5M | $90K | 50x | as long as short |
| KuCoin KGENUSDTM | +0.0100% | 4h | 0.1608 | −0.124% | $738K | $1.6M | 50x | as long as short |
| Variational Omni KGEN | +0.0100% | 4h | 0.1607 | −0.202% | $5K | $1K | — | as long as short |
| SunX KGEN-USDT | +0.0100% | 4h | 0.1604 | −0.348% | $2K | $880K | 20x | as long as short |
| Bitget KGENUSDT | +0.0350% | 4h | 0.1608 | −0.124% | $1.7M | $173K | 50x | as long as short |
| BloFin KGEN-USDTlong | +0.0487% | 4h | 0.1610 | long leg | $224K | $18K | 50x | |
| BingX KGEN-USDTshort | +0.0504% | 4h | 0.1607 | −0.186% | — | $6.5M | — | |
| MEXC KGEN_USDT | +0.0520% | 4h | 0.1606 | −0.248% | $450K | $97K | 50x | as long as short |
Bybit KGENUSDT
OKX KGEN-USDT-SWAP
Gate KGEN_USDT
KuCoin KGENUSDTM
Variational Omni KGEN
SunX 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 KGENUSDT | +0.0520% | 4h | 0.1607 | −0.186% | $4.9M | $901K | 50x | as long as short |
| Aster KGENUSDT | +0.1017% | 4h | 0.1605 | −0.298% | $19K | $4K | 5x | as long as short |
Binance KGENUSDT
Aster KGENUSDT