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+0.0332%/8h= +36.4% APRnext payment +$1.66 per $10,000 · paid last 24h +0.046%
Price spread now: Bitget against KuCoin−0.031%7-day average −0.126% · you buy dearer than you sell
Net, funding: paid 7d − costs−$714as in the Funding arb table
Net, price: spread back to 7d avg − costs−$696as in the Price arb table
costs, in and out, $10k−$7057.053% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.091%−$9 on $10k
Price spread, last 7 days−0.271%−$27 · spread now −0.031%, 7d avg −0.126%
Together, before fees−0.362%−$36 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Bitget is 0.094% dearer against KuCoin than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.126%. Mind the row above: over the last 7 days funding on this pair cost −0.091%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.091% in total (about -4.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.66 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
LongKuCoin KGENUSDTM0.16110.0100pay 0.0050% / 4h1h 53m$737K$1.6M50x
ShortBitget KGENUSDT0.16110.0432get 0.0216% / 4h1h 53m$1.7M$168K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against KuCoin. 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
$69.72
Price spread: −0.031% → −0.126%
$9.45
Slippage, 4 orders
−$681.28
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$626.11
Costs to cover
7.053%
Break-even
69.9 days
Slippage from KuCoin: live order book, 3 min ago; Bitget: live order book, 3 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 KuCoin live order book, 3 min ago10.23 bp166.7 bp −$167doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 3 min ago9.61 bp36.2 bp −$36250.7 bp −$2,507doesn't fitdoesn't fit

KGEN on 11 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%4h0.1611−0.037%$751K$321K20xas long as short
OKX KGEN-USDT-SWAP+0.0100%4h0.1610−0.081%$194K$115K10xas long as short
Gate KGEN_USDT+0.0100%4h0.1606−0.310%$1.5M$85K50xas long as short
KuCoin KGENUSDTMlong+0.0100%4h0.1611long leg$737K$1.6M50x
Variational Omni KGEN+0.0100%4h0.1612+0.027%$5K$1Kas long as short
SunX KGEN-USDT+0.0100%4h0.1608−0.199%$2K$832K20xas long as short
Bitget KGENUSDTshort+0.0432%4h0.1611−0.031%$1.7M$168K50x
BingX KGEN-USDT+0.0510%4h0.1611−0.019%$6.5Mas long as short
Binance KGENUSDT+0.0514%4h0.1611−0.009%$5.0M$833K50xas long as short
MEXC KGEN_USDT+0.0522%4h0.1611−0.019%$447K$97K50xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster KGENUSDT+0.0968%4h0.1609−0.156%$19K$4K5xas long as short