Funding you earn now, next payment 04:00 UTC+0.0486%/8h= +53.2% APRnext payment +$2.43 per $10,000 · paid last 24h +0.203%
Price spread now: MEXC against Bybit+0.136%7-day average +0.022% · you sell dearer than you buy
Net, funding: paid 7d − costs−$250as in the Funding arb table
Net, price: spread back to 7d avg − costs−$280as in the Price arb table
costs, in and out, $10k−$2912.913% of the position
Funding, last 7 days+0.408%+$41 on $10k
+Price spread, last 4 days (all we have)−0.136%−$14 · spread now +0.136%, 7d avg +0.022%
=Both sides work for this trade now. Funding pays +$15 a day on $10k at the current rate, and MEXC is 0.115% dearer against Bybit than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.022%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit KGENUSDT | 0.1616 | 0.0100 | pay 0.0050% / 4h | 3h 05m | $750K | $331K | 20x |
| Short | MEXC KGEN_USDT | 0.1618 | 0.0586 | get 0.0293% / 4h | 3h 05m | $453K | $99K | 50x |
Bybit KGENUSDT
MEXC KGEN_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $102.06
- Price spread: +0.136% → +0.022%
- $11.46
- Slippage, 4 orders
- −$272.32
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee MEXC: 4 bp × 2 orders
- −$8
- Net
- −$177.8
- Costs to cover
- 2.913%
- Break-even
- 19.2 days
Slippage from Bybit: live order book, 64 min ago; MEXC: live order book, 50 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, 64 min ago | 6.22 bp | 124.1 bp −$124 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 50 min ago | 6.18 bp | 21.6 bp −$22 | 124.5 bp −$1,245 | 512.0 bp −$51.2K | 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 KGENUSDTlong | +0.0100% | 4h | 0.1616 | long leg | $750K | $331K | 20x | |
| OKX KGEN-USDT-SWAP | +0.0100% | 4h | 0.1618 | +0.136% | $196K | $118K | 10x | as long as short |
| Gate KGEN_USDT | +0.0100% | 4h | 0.1613 | −0.204% | $1.5M | $94K | 50x | as long as short |
| KuCoin KGENUSDTM | +0.0100% | 4h | 0.1619 | +0.204% | $737K | $1.6M | 50x | as long as short |
| Variational Omni KGEN | +0.0100% | 4h | 0.1616 | −0.006% | $5K | $1K | — | as long as short |
| SunX KGEN-USDT | +0.0100% | 4h | 0.1615 | −0.037% | $2K | $870K | 20x | as long as short |
| Bitget KGENUSDT | +0.0320% | 4h | 0.1618 | +0.155% | $1.7M | $166K | 50x | as long as short |
| BingX KGEN-USDT | +0.0566% | 4h | 0.1617 | +0.074% | — | $6.5M | — | as long as short |
| BloFin KGEN-USDT | +0.0579% | 4h | 0.1622 | +0.384% | $223K | $18K | 50x | as long as short |
| MEXC KGEN_USDTshort | +0.0586% | 4h | 0.1618 | +0.136% | $453K | $99K | 50x |
OKX KGEN-USDT-SWAP
Gate KGEN_USDT
KuCoin KGENUSDTM
Variational Omni KGEN
SunX KGEN-USDT
Bitget KGENUSDT
BingX KGEN-USDT
BloFin KGEN-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance KGENUSDT | +0.0589% | 4h | 0.1617 | +0.074% | $5.0M | $885K | 50x | as long as short |
| Aster KGENUSDT | +0.1112% | 4h | 0.1616 | −0.013% | $19K | $4K | 5x | as long as short |
Binance KGENUSDT
Aster KGENUSDT