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

KGEN

all KGEN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.1324%/8h= −145.0% APRnext payment $6.62 per $10,000 · paid last 24h −0.022%
Price spread now: SunX against Gate−0.113%7-day average +0.074% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.274%−$27 on $10k
Price spread, last 3 days (all we have)+0.211%+$21 · spread now −0.113%, 7d avg +0.074%
Together, before fees−0.063%−$6 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$40 a day on $10k at the current rate, and SunX is 0.187% cheaper against Gate than usual: you would sell low and buy high (−$19 if the spread goes back to its 7-day average of +0.074%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.274% in total (about -14.3% a year). A funding rate is set anew for every payment; at this rate the next one is about $6.62 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_USDT0.15960.1424pay 0.0712% / 4h1h 16m$1.5M$95K50x
ShortSunX KGEN-USDT0.15940.0100get 0.0050% / 4h1h 16m$2K$858K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
−$278.04
Price spread: −0.113% → +0.074%
−$18.71
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee SunX: 4 bp × 2 orders
−$8
Net
−$319.75
Costs to cover
0.230%
Break-even
never at this rate
Slippage unknown: Gate: live order book, 1 min ago; SunX: live order book, 56 min ago. Net counts fees only.

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, 1 min ago10.03 bp299.8 bp −$300doesn't fitdoesn't fitdoesn't fit
Sell SunX live order book, 56 min ago483.68 bpdoesn't fitdoesn't fitdoesn'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%4h0.1598+0.107%$740K$330K20xas long as short
OKX KGEN-USDT-SWAP+0.0100%4h0.1602+0.389%$193K$129K10xas long as short
KuCoin KGENUSDTM+0.0100%4h0.1599+0.219%$730K$1.5M50xas long as short
Variational Omni KGEN+0.0100%4h0.1599+0.188%$5K$1Kas long as short
SunX KGEN-USDTshort+0.0100%4h0.1594−0.113%$2K$858K20x
Bitget KGENUSDT+0.0258%4h0.1600+0.295%$1.7M$175K50xas long as short
Binance KGENUSDT+0.0681%4h0.1598+0.138%$4.9M$905K50xas long as short
BingX KGEN-USDT+0.0684%4h0.1598+0.138%$6.5Mas long as short
MEXC KGEN_USDT+0.0690%4h0.1599+0.201%$436K$97K50xas long as short
BloFin KGEN-USDT+0.0696%4h0.1600+0.263%$223K$18K50xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster KGENUSDT+0.1157%4h0.1599+0.172%$19K$5K5xas long as short
Gate KGEN_USDTlong+0.1424%4h0.1596long leg$1.5M$95K50x