Funding you earn now, next payment 08:00 UTC−0.0480%/8h= −52.6% APRnext payment −$2.40 per $10,000 · paid last 24h −0.077%
Price spread now: KuCoin against Gate+0.461%7-day average +0.253% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,585as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,545as in the Price arb table
costs, in and out, $10k−$1,56615.661% of the position
Funding, last 7 days−0.191%−$19 on $10k
+Price spread, last 7 days+0.078%+$8 · spread now +0.461%, 7d avg +0.253%
=The price spread pays, funding is against you. KuCoin is 0.208% dearer against Gate than usual: you sell high and buy low (spread +0.461% now, against its 7-day average of +0.253%): +$21 on $10k if it goes back. Holding the pair costs −$14 a day in funding at the current rate, which eats that in about 35 hours. At the pace of the last 7 days (−0.191% in total) that is about 7.6 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.191% in total (about -10.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.40 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 | 0.1625 | 0.0580 | pay 0.0290% / 4h | 3h 19m | $1.5M | $85K | 50x |
| Short | KuCoin KGENUSDTM | 0.1633 | 0.0100 | get 0.0050% / 4h | 3h 19m | $748K | $1.8M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$100.8
- Price spread: +0.461% → +0.253%
- $20.82
- Slippage, 4 orders
- −$1,539.07
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,646.05
- Costs to cover
- 15.661%
- Break-even
- never at this rate
Slippage from Gate: live order book, 3 min ago; KuCoin: 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 | 13.22 bp | 306.9 bp −$307 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 2 min ago | 8.89 bp | 548.2 bp −$548 | 850.5 bp −$8,505 | 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 | 0.1631 | +0.369% | $752K | $316K | 20x | as long as short |
| OKX KGEN-USDT-SWAP | +0.0100% | 4h | 0.1630 | +0.283% | $198K | $118K | 10x | as long as short |
| KuCoin KGENUSDTMshort | +0.0100% | 4h | 0.1633 | +0.461% | $748K | $1.8M | 50x | |
| Variational Omni KGEN | +0.0100% | 4h | 0.1630 | +0.265% | $5K | $1K | — | as long as short |
| SunX KGEN-USDT | +0.0100% | 4h | 0.1627 | +0.117% | $2K | $850K | 20x | as long as short |
| Bitget KGENUSDT | +0.0246% | 4h | 0.1632 | +0.412% | $1.7M | $170K | 50x | as long as short |
| Gate KGEN_USDTlong | +0.0580% | 4h | 0.1625 | long leg | $1.5M | $85K | 50x | |
| BingX KGEN-USDT | +0.0588% | 4h | 0.1632 | +0.406% | — | $6.6M | — | as long as short |
| MEXC KGEN_USDT | +0.0604% | 4h | 0.1633 | +0.468% | $460K | $102K | 50x | as long as short |
| Binance KGENUSDT | +0.0608% | 4h | 0.1632 | +0.406% | $5.0M | $822K | 50x | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin KGEN-USDT | +0.0631% | 4h | 0.1627 | +0.098% | $224K | $18K | 50x | as long as short |
| Aster KGENUSDT | +0.1101% | 4h | 0.1629 | +0.224% | $19K | $4K | 5x | as long as short |
Gate KGEN_USDT
KuCoin KGENUSDTM
Bybit KGENUSDT
OKX KGEN-USDT-SWAP
Variational Omni KGEN
SunX KGEN-USDT
Bitget KGENUSDT
BingX KGEN-USDT
MEXC KGEN_USDT
Binance KGENUSDT
BloFin KGEN-USDT
Aster KGENUSDT