Funding you earn now, next payment 08:00 UTC−0.0175%/8h= −19.2% APRnext payment −$0.88 per $10,000 · paid last 24h −0.129%
Price spread now: Bitget against BloFin−0.182%65s7-day average −0.018% · 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—prices read too far apart to compare
costs, in and out, $10k−$1751.746% of the position
Funding, last 7 days−0.356%−$36 on $10k
+Price spread, last 4 days (all we have)+0.114%+$11 · spread now −0.182%, 7d avg −0.018%
=Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Bitget is 0.165% cheaper against BloFin than usual: you would sell low and buy high (−$16 if the spread goes back to its 7-day average of −0.018%). Swap the legs. The two prices were read 65 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 | 0.1644 | 0.0317 | pay 0.0159% / 4h | 22m 15s | $223K | $19K | 50x |
| Short | Bitget KGENUSDT | 0.1641 | 0.0142 | get 0.0071% / 4h | 22m 15s | $1.7M | $162K | 50x |
BloFin KGEN-USDT
Bitget KGENUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$36.84
- Price spread: −0.182% → −0.018%
- −$16.47
- Slippage, 4 orders
- −$150.56
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$227.86
- Costs to cover
- 1.746%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 49 min ago; Bitget: live order book, 5 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, 49 min ago | 9.17 bp | 31.2 bp −$31 | 115.2 bp −$1,152 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 5 min ago | 9.43 bp | 52.3 bp −$52 | 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 | 0.1637 | −0.426% | $755K | $328K | 20x | as long as short |
| OKX KGEN-USDT-SWAP | +0.0100% | 4h | 0.1638 | −0.365% | $199K | $125K | 10x | as long as short |
| Gate KGEN_USDT | +0.0100% | 4h | 0.1636 | −0.487% | $1.6M | $88K | 50x | as long as short |
| KuCoin KGENUSDTM | +0.0100% | 4h | 0.1639 | −0.280% | $749K | $1.9M | 50x | as long as short |
| Variational Omni KGEN | +0.0100% | 4h | 0.1640 | −0.262% | $5K | $1K | — | as long as short |
| SunX KGEN-USDT | +0.0100% | 4h | 0.1636 | −0.493% | $2K | $874K | 20x | as long as short |
| Bitget KGENUSDTshort | +0.0142% | 4h | 0.1641 | −0.182% | $1.7M | $162K | 50x | |
| BloFin KGEN-USDTlong | +0.0317% | 4h | 0.1644 | long leg | $223K | $19K | 50x | |
| Binance KGENUSDT | +0.0319% | 4h | 0.1639 | −0.302% | $5.1M | $843K | 50x | as long as short |
| MEXC KGEN_USDT | +0.0326% | 4h | 0.1638 | −0.365% | $459K | $109K | 50x | as long as short |
Bybit KGENUSDT
OKX KGEN-USDT-SWAP
Gate KGEN_USDT
KuCoin KGENUSDTM
Variational Omni KGEN
SunX KGEN-USDT
Binance KGENUSDT
MEXC KGEN_USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX KGEN-USDT | +0.0334% | 4h | 0.1638 | −0.365% | — | $6.5M | — | as long as short |
| Aster KGENUSDT | +0.0828% | 4h | 0.1638 | −0.365% | $20K | $3K | 5x | as long as short |
BingX KGEN-USDT
Aster KGENUSDT