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
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%
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin KGENUSDTM | 0.1611 | 0.0100 | pay 0.0050% / 4h | 1h 53m | $737K | $1.6M | 50x |
| Short | Bitget KGENUSDT | 0.1611 | 0.0432 | get 0.0216% / 4h | 1h 53m | $1.7M | $168K | 50x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy KuCoin live order book, 3 min ago | 10.23 bp | 166.7 bp −$167 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 3 min ago | 9.61 bp | 36.2 bp −$36 | 250.7 bp −$2,507 | doesn't fit | doesn't fit |
KGEN on 11 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 | 0.1611 | −0.037% | $751K | $321K | 20x | as long as short |
| OKX KGEN-USDT-SWAP | +0.0100% | 4h | 0.1610 | −0.081% | $194K | $115K | 10x | as long as short |
| Gate KGEN_USDT | +0.0100% | 4h | 0.1606 | −0.310% | $1.5M | $85K | 50x | as long as short |
| KuCoin KGENUSDTMlong | +0.0100% | 4h | 0.1611 | long leg | $737K | $1.6M | 50x | |
| Variational Omni KGEN | +0.0100% | 4h | 0.1612 | +0.027% | $5K | $1K | — | as long as short |
| SunX KGEN-USDT | +0.0100% | 4h | 0.1608 | −0.199% | $2K | $832K | 20x | as long as short |
| Bitget KGENUSDTshort | +0.0432% | 4h | 0.1611 | −0.031% | $1.7M | $168K | 50x | |
| BingX KGEN-USDT | +0.0510% | 4h | 0.1611 | −0.019% | — | $6.5M | — | as long as short |
| Binance KGENUSDT | +0.0514% | 4h | 0.1611 | −0.009% | $5.0M | $833K | 50x | as long as short |
| MEXC KGEN_USDT | +0.0522% | 4h | 0.1611 | −0.019% | $447K | $97K | 50x | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster KGENUSDT | +0.0968% | 4h | 0.1609 | −0.156% | $19K | $4K | 5x | as long as short |
KuCoin KGENUSDTM
Bitget KGENUSDT
Bybit KGENUSDT
OKX KGEN-USDT-SWAP
Gate KGEN_USDT
Variational Omni KGEN
SunX KGEN-USDT
BingX KGEN-USDT
Binance KGENUSDT
MEXC KGEN_USDT
Aster KGENUSDT