Funding you earn now, next payment 04:00 UTC+0.0318%/8h= +34.8% APRnext payment +$1.59 per $10,000 · paid last 24h −0.021%
Price spread now: Bitget against Gate+0.367%7-day average +0.133% · you sell dearer than you buy
Net, funding: paid 7d − costs−$738as in the Funding arb table
Net, price: spread back to 7d avg − costs−$687as in the Price arb table
costs, in and out, $10k−$7117.105% of the position
Funding, last 7 days−0.273%−$27 on $10k
+Price spread, last 7 days−0.165%−$16 · spread now +0.367%, 7d avg +0.133%
=Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Bitget is 0.234% dearer against Gate than usual: you sell high and buy low: +$23 more if the spread goes back to its 7-day average of +0.133%. Mind the row above: over the last 7 days funding on this pair cost −0.273%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate KGEN_USDT | 0.1610 | 0.0100 | pay 0.0050% / 4h | 2h 24m | $1.5M | $91K | 50x |
| Short | Bitget KGENUSDT | 0.1615 | 0.0418 | get 0.0209% / 4h | 2h 24m | $1.7M | $176K | 50x |
Gate KGEN_USDT
Bitget KGENUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- $66.78
- Price spread: +0.367% → +0.133%
- $23.38
- Slippage, 4 orders
- −$683.51
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$620.35
- Costs to cover
- 7.105%
- Break-even
- 72.0 days
Slippage from Gate: live order book, 3 min ago; Bitget: live order book, 2 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, 3 min ago | 9.93 bp | 302.8 bp −$303 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 2 min ago | 4.34 bp | 30.0 bp −$30 | doesn't fit | doesn't fit | doesn't fit |
KGEN on 11 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 | 0.1613 | +0.199% | $750K | $338K | 20x | as long as short |
| OKX KGEN-USDT-SWAP | +0.0100% | 4h | 0.1616 | +0.398% | $194K | $125K | 10x | as long as short |
| Gate KGEN_USDTlong | +0.0100% | 4h | 0.1610 | long leg | $1.5M | $91K | 50x | |
| KuCoin KGENUSDTM | +0.0100% | 4h | 0.1615 | +0.311% | $740K | $1.6M | 50x | as long as short |
| Variational Omni KGEN | +0.0100% | 4h | 0.1613 | +0.226% | $5K | $1K | — | as long as short |
| SunX KGEN-USDT | +0.0100% | 4h | 0.1612 | +0.174% | $2K | $881K | 20x | as long as short |
| Bitget KGENUSDTshort | +0.0418% | 4h | 0.1615 | +0.367% | $1.7M | $176K | 50x | |
| BingX KGEN-USDT | +0.0480% | 4h | 0.1615 | +0.335% | — | $6.5M | — | as long as short |
| MEXC KGEN_USDT | +0.0504% | 4h | 0.1615 | +0.335% | $452K | $98K | 50x | as long as short |
| Binance KGENUSDT | +0.0520% | 4h | 0.1614 | +0.273% | $5.0M | $903K | 50x | as long as short |
Bybit KGENUSDT
OKX KGEN-USDT-SWAP
KuCoin KGENUSDTM
Variational Omni KGEN
SunX KGEN-USDT
BingX KGEN-USDT
MEXC KGEN_USDT
Binance KGENUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster KGENUSDT | +0.1015% | 4h | 0.1611 | +0.065% | $19K | $4K | 5x | as long as short |
Aster KGENUSDT