Funding you earn now, next payment 00:00 UTC−0.0786%/8h= −86.1% APRnext payment −$3.93 per $10,000 · paid last 24h +0.158%
Price spread now: BingX against Gate+0.421%7-day average +0.162% · you sell dearer than you buy
Net, funding: paid 7d − costs−$675as in the Funding arb table
Net, price: spread back to 7d avg − costs−$659as in the Price arb table
costs, in and out, $10k−$6856.851% of the position
Funding, last 7 days+0.101%+$10 on $10k
+Price spread, last 7 days−0.176%−$18 · spread now +0.421%, 7d avg +0.162%
=The price spread pays, funding is against you. BingX is 0.258% dearer against Gate than usual: you sell high and buy low (spread +0.421% now, against its 7-day average of +0.162%): +$26 on $10k if it goes back. Holding the pair costs −$24 a day in funding at the current rate, which eats that in about 26 hours. Mind the row above: over the last 7 days funding on this pair paid +0.101%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.101% in total (about 5.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.93 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate KGEN_USDT | 0.1593 | 0.1492 | pay 0.0746% / 4h | 1h 28m | $1.5M | $95K | 50x |
| Short | BingX KGEN-USDT | 0.1600 | 0.0706 | get 0.0353% / 4h | 1h 28m | — | $6.5M | — |
Gate KGEN_USDT
BingX KGEN-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Gate. 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
- −$165.06
- Price spread: +0.421% → +0.162%
- $25.85
- Slippage, 4 orders
- −$660.12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$824.33
- Costs to cover
- 6.851%
- Break-even
- never at this rate
Slippage from Gate: live order book, 4 min ago; BingX: live order book, 8 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 Gate live order book, 4 min ago | 9.71 bp | 313.0 bp −$313 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 8 min ago | 9.38 bp | 45.2 bp −$45 | 110.3 bp −$1,103 | 642.2 bp −$64.2K | 1043.2 bp −$521.6K |
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 | 0.1599 | +0.358% | $741K | $330K | 20x | as long as short |
| OKX KGEN-USDT-SWAP | +0.0100% | 4h | 0.1601 | +0.483% | $193K | $129K | 10x | as long as short |
| KuCoin KGENUSDTM | +0.0100% | 4h | 0.1599 | +0.383% | $724K | $1.5M | 50x | as long as short |
| Variational Omni KGEN | +0.0100% | 4h | 0.1599 | +0.345% | $5K | $1K | — | as long as short |
| SunX KGEN-USDT | +0.0100% | 4h | 0.1596 | +0.151% | $2K | $858K | 20x | as long as short |
| Bitget KGENUSDT | +0.0280% | 4h | 0.1602 | +0.571% | $1.7M | $175K | 50x | as long as short |
| BingX KGEN-USDTshort | +0.0706% | 4h | 0.1600 | +0.421% | — | $6.5M | — | |
| MEXC KGEN_USDT | +0.0726% | 4h | 0.1600 | +0.421% | $436K | $96K | 50x | as long as short |
| Binance KGENUSDT | +0.0727% | 4h | 0.1601 | +0.483% | $4.9M | $904K | 50x | as long as short |
| BloFin KGEN-USDT | +0.0739% | 4h | 0.1600 | +0.421% | $223K | $18K | 50x | as long as short |
Bybit KGENUSDT
OKX KGEN-USDT-SWAP
KuCoin KGENUSDTM
Variational Omni KGEN
SunX KGEN-USDT
Bitget KGENUSDT
MEXC KGEN_USDT
Binance KGENUSDT
BloFin KGEN-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster KGENUSDT | +0.1163% | 4h | 0.1600 | +0.432% | $19K | $5K | 5x | as long as short |
| Gate KGEN_USDTlong | +0.1492% | 4h | 0.1593 | long leg | $1.5M | $95K | 50x |
Aster KGENUSDT