Funding you earn now, next payment 04:00 UTC+0.0387%/8h= +42.4% APRnext payment +$1.93 per $10,000 · paid last 24h +0.129%
Price spread now: BloFin against Gate+0.405%363s7-day average +0.247% · you sell dearer than you buy
Net, funding: paid 7d − costs−$757as 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−$7657.649% of the position
Funding, last 7 days+0.078%+$8 on $10k
+Price spread, last 3 days (all we have)−0.228%−$23 · spread now +0.405%, 7d avg +0.247%
=Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and BloFin is 0.159% dearer against Gate than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of +0.247%. The two prices were read 363 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.078% in total (about 4.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.93 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 | 0.1603 | 0.0100 | pay 0.0050% / 4h | 2h 43m | $1.5M | $90K | 50x |
| Short | BloFin KGEN-USDT | 0.1610 | 0.0487 | get 0.0243% / 4h | 2h 43m | $224K | $18K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $81.23
- Price spread: +0.405% → +0.247%
- $15.88
- Slippage, 4 orders
- −$737.94
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$667.84
- Costs to cover
- 7.649%
- Break-even
- 64.6 days
Slippage from Gate: live order book, 4 min ago; BloFin: live order book, 17 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 | 10.28 bp | 315.7 bp −$316 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 17 min ago | 6.20 bp | 20.3 bp −$20 | 84.4 bp −$844 | 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 | 0.1606 | +0.175% | $747K | $336K | 20x | as long as short |
| OKX KGEN-USDT-SWAP | +0.0100% | 4h | 0.1607 | +0.218% | $194K | $122K | 10x | as long as short |
| Gate KGEN_USDTlong | +0.0100% | 4h | 0.1603 | long leg | $1.5M | $90K | 50x | |
| KuCoin KGENUSDTM | +0.0100% | 4h | 0.1609 | +0.324% | $740K | $1.6M | 50x | as long as short |
| Variational Omni KGEN | +0.0100% | 4h | 0.1607 | +0.203% | $5K | $1K | — | as long as short |
| SunX KGEN-USDT | +0.0100% | 4h | 0.1605 | +0.087% | $2K | $880K | 20x | as long as short |
| Bitget KGENUSDT | +0.0342% | 4h | 0.1609 | +0.318% | $1.7M | $173K | 50x | as long as short |
| BloFin KGEN-USDTshort | +0.0487% | 4h | 0.1610 | +0.405% | $224K | $18K | 50x | |
| BingX KGEN-USDT | +0.0508% | 4h | 0.1607 | +0.218% | — | $6.5M | — | as long as short |
| MEXC KGEN_USDT | +0.0520% | 4h | 0.1608 | +0.281% | $450K | $97K | 50x | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance KGENUSDT | +0.0520% | 4h | 0.1608 | +0.279% | $4.9M | $901K | 50x | as long as short |
| Aster KGENUSDT | +0.1019% | 4h | 0.1605 | +0.112% | $19K | $4K | 5x | as long as short |
Gate KGEN_USDT
BloFin KGEN-USDT
Bybit KGENUSDT
OKX KGEN-USDT-SWAP
KuCoin KGENUSDTM
Variational Omni KGEN
SunX KGEN-USDT
Bitget KGENUSDT
BingX KGEN-USDT
MEXC KGEN_USDT
Binance KGENUSDT
Aster KGENUSDT