Funding you earn now, next payment 08:00 UTC−0.0203%/8h= −22.2% APRnext payment −$1.02 per $10,000 · paid last 24h −0.191%
Price spread now: KuCoin against BloFin−0.073%65s7-day average −0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$852as 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−$8248.242% of the position
Funding, last 7 days−0.280%−$28 on $10k
+Price spread, last 4 days (all we have)+0.094%+$9 · spread now −0.073%, 7d avg −0.005%
=Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and KuCoin is 0.068% cheaper against BloFin than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.005%). 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 | 0.1635 | 0.0303 | pay 0.0152% / 4h | 1h 26m | $223K | $19K | 50x |
| Short | KuCoin KGENUSDTM | 0.1634 | 0.0100 | get 0.0050% / 4h | 1h 26m | $745K | $1.9M | 50x |
BloFin KGEN-USDT
KuCoin KGENUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$42.66
- Price spread: −0.073% → −0.005%
- −$6.82
- Slippage, 4 orders
- −$800.24
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$873.71
- Costs to cover
- 8.242%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 50 min ago; KuCoin: 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, 50 min ago | 3.06 bp | 27.2 bp −$27 | 116.6 bp −$1,166 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 10 min ago | 9.77 bp | 571.0 bp −$571 | 881.6 bp −$8,816 | 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 | 0.1634 | −0.067% | $754K | $327K | 20x | as long as short |
| OKX KGEN-USDT-SWAP | +0.0100% | 4h | 0.1635 | 0.000% | $198K | $123K | 10x | as long as short |
| Gate KGEN_USDT | +0.0100% | 4h | 0.1630 | −0.287% | $1.5M | $86K | 50x | as long as short |
| KuCoin KGENUSDTMshort | +0.0100% | 4h | 0.1634 | −0.073% | $745K | $1.9M | 50x | |
| Variational Omni KGEN | +0.0100% | 4h | 0.1634 | −0.079% | $5K | $1K | — | as long as short |
| SunX KGEN-USDT | +0.0100% | 4h | 0.1632 | −0.190% | $2K | $869K | 20x | as long as short |
| Bitget KGENUSDT | +0.0274% | 4h | 0.1636 | +0.067% | $1.7M | $165K | 50x | as long as short |
| BloFin KGEN-USDTlong | +0.0303% | 4h | 0.1635 | long leg | $223K | $19K | 50x | |
| MEXC KGEN_USDT | +0.0334% | 4h | 0.1634 | −0.061% | $453K | $109K | 50x | as long as short |
| Binance KGENUSDT | +0.0335% | 4h | 0.1635 | −0.012% | $5.0M | $846K | 50x | as long as short |
Bybit KGENUSDT
OKX KGEN-USDT-SWAP
Gate KGEN_USDT
Variational Omni KGEN
SunX KGEN-USDT
Bitget KGENUSDT
MEXC KGEN_USDT
Binance KGENUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX KGEN-USDT | +0.0374% | 4h | 0.1635 | 0.000% | — | $6.5M | — | as long as short |
| Aster KGENUSDT | +0.0949% | 4h | 0.1633 | −0.140% | $20K | $2K | 5x | as long as short |
BingX KGEN-USDT
Aster KGENUSDT