Settings8H · net · $10k
Funding arb · Price arb /

KGEN

all KGEN markets
SwapBacktest
Alert: funding
Alert: spread
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 − costsprices read too far apart to compare
costs, in and out, $10k−$7657.649% of the position
What this pair did over the last
the charts below follow
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%
Together, before fees−0.150%−$15 on $10k · with fees, hour by hour
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate KGEN_USDT0.16030.0100pay 0.0050% / 4h2h 43m$1.5M$90K50x
ShortBloFin KGEN-USDT0.16100.0487get 0.0243% / 4h2h 43m$224K$18K50x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 4 min ago10.28 bp315.7 bp −$316doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 17 min ago6.20 bp20.3 bp −$2084.4 bp −$844doesn't fitdoesn't fit

KGEN on 12 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit KGENUSDT+0.0100%4h0.1606+0.175%$747K$336K20xas long as short
OKX KGEN-USDT-SWAP+0.0100%4h0.1607+0.218%$194K$122K10xas long as short
Gate KGEN_USDTlong+0.0100%4h0.1603long leg$1.5M$90K50x
KuCoin KGENUSDTM+0.0100%4h0.1609+0.324%$740K$1.6M50xas long as short
Variational Omni KGEN+0.0100%4h0.1607+0.203%$5K$1Kas long as short
SunX KGEN-USDT+0.0100%4h0.1605+0.087%$2K$880K20xas long as short
Bitget KGENUSDT+0.0342%4h0.1609+0.318%$1.7M$173K50xas long as short
BloFin KGEN-USDTshort+0.0487%4h0.1610+0.405%$224K$18K50x
BingX KGEN-USDT+0.0508%4h0.1607+0.218%$6.5Mas long as short
MEXC KGEN_USDT+0.0520%4h0.1608+0.281%$450K$97K50xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance KGENUSDT+0.0520%4h0.1608+0.279%$4.9M$901K50xas long as short
Aster KGENUSDT+0.1019%4h0.1605+0.112%$19K$4K5xas long as short