Funding you earn now, next payment 04:00 UTC+0.0408%/8h= +44.7% APRnext payment +$2.04 per $10,000 · paid last 24h +0.188%
Price spread now: BingX against Bybit+0.062%7-day average +0.015% · you sell dearer than you buy
Net, funding: paid 7d − costs−$296as in the Funding arb table
Net, price: spread back to 7d avg − costs−$331as in the Price arb table
costs, in and out, $10k−$3363.359% of the position
Funding, last 7 days+0.398%+$40 on $10k
+Price spread, last 4 days (all we have)−0.053%−$5 · spread now +0.062%, 7d avg +0.015%
=Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and BingX is 0.048% dearer against Bybit than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.015%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit KGENUSDT | 0.1607 | 0.0100 | pay 0.0050% / 4h | 2h 46m | $747K | $336K | 20x |
| Short | BingX KGEN-USDT | 0.1608 | 0.0508 | get 0.0254% / 4h | 2h 46m | — | $6.5M | — |
Bybit KGENUSDT
BingX KGEN-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Bybit. 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
- $85.68
- Price spread: +0.062% → +0.015%
- $4.77
- Slippage, 4 orders
- −$314.95
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$245.5
- Costs to cover
- 3.359%
- Break-even
- 27.1 days
Slippage from Bybit: live order book, 18 min ago; BingX: 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 Bybit live order book, 18 min ago | 6.19 bp | 116.8 bp −$117 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 5 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 KGENUSDTlong | +0.0100% | 4h | 0.1607 | long leg | $747K | $336K | 20x | |
| OKX KGEN-USDT-SWAP | +0.0100% | 4h | 0.1609 | +0.124% | $194K | $123K | 10x | as long as short |
| Gate KGEN_USDT | +0.0100% | 4h | 0.1605 | −0.156% | $1.5M | $90K | 50x | as long as short |
| KuCoin KGENUSDTM | +0.0100% | 4h | 0.1607 | 0.000% | $736K | $1.6M | 50x | as long as short |
| Variational Omni KGEN | +0.0100% | 4h | 0.1607 | −0.015% | $5K | $1K | — | as long as short |
| SunX KGEN-USDT | +0.0100% | 4h | 0.1605 | −0.124% | $2K | $880K | 20x | as long as short |
| Bitget KGENUSDT | +0.0318% | 4h | 0.1608 | +0.068% | $1.7M | $173K | 50x | as long as short |
| BloFin KGEN-USDT | +0.0487% | 4h | 0.1610 | +0.187% | $224K | $18K | 50x | as long as short |
| BingX KGEN-USDTshort | +0.0508% | 4h | 0.1608 | +0.062% | — | $6.5M | — | |
| Binance KGENUSDT | +0.0524% | 4h | 0.1608 | +0.053% | $4.9M | $901K | 50x | as long as short |
OKX KGEN-USDT-SWAP
Gate KGEN_USDT
KuCoin KGENUSDTM
Variational Omni KGEN
SunX KGEN-USDT
Bitget KGENUSDT
BloFin KGEN-USDT
Binance KGENUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC KGEN_USDT | +0.0528% | 4h | 0.1607 | 0.000% | $450K | $97K | 50x | as long as short |
| Aster KGENUSDT | +0.1028% | 4h | 0.1606 | −0.085% | $19K | $4K | 5x | as long as short |
MEXC KGEN_USDT
Aster KGENUSDT