Funding you earn now, next payment 04:00 UTC+0.0030%/8h= +3.3% APRnext payment +$0.15 per $10,000 · paid last 24h −0.015%
Price spread now: BingX against MEXC+0.062%7-day average −0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$120as in the Funding arb table
Net, price: spread back to 7d avg − costs−$113as in the Price arb table
costs, in and out, $10k−$1191.194% of the position
Funding, last 7 days−0.010%−$1 on $10k
+Price spread, last 4 days (all we have)−0.124%−$12 · spread now +0.062%, 7d avg −0.005%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BingX is 0.068% dearer against MEXC than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.005%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC KGEN_USDT | 0.1606 | 0.0614 | pay 0.0307% / 4h | 1h 05m | $446K | $102K | 50x |
| Short | BingX KGEN-USDT | 0.1607 | 0.0644 | get 0.0322% / 4h | 1h 05m | — | $6.6M | — |
MEXC KGEN_USDT
BingX KGEN-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against MEXC. 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
- $6.3
- Price spread: +0.062% → −0.005%
- $6.75
- Slippage, 4 orders
- −$101.41
- Fee MEXC: 4 bp × 2 orders
- −$8
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$106.36
- Costs to cover
- 1.194%
- Break-even
- 125.2 days
Slippage from MEXC: live order book, 41 min ago; BingX: live order book, 1 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 MEXC live order book, 41 min ago | 6.22 bp | 21.5 bp −$22 | 149.4 bp −$1,494 | 544.6 bp −$54.5K | doesn't fit |
| Sell BingX live order book, 1 min ago | 9.32 bp | 43.4 bp −$43 | 102.6 bp −$1,026 | 544.8 bp −$54.5K | 1092.5 bp −$546.3K |
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 | 0.1607 | +0.062% | $748K | $297K | 20x | as long as short |
| OKX KGEN-USDT-SWAP | +0.0100% | 4h | 0.1608 | +0.125% | $195K | $115K | 10x | as long as short |
| Gate KGEN_USDT | +0.0100% | 4h | 0.1605 | −0.093% | $1.5M | $86K | 50x | as long as short |
| KuCoin KGENUSDTM | +0.0100% | 4h | 0.1610 | +0.224% | $734K | $1.7M | 50x | as long as short |
| Variational Omni KGEN | +0.0100% | 4h | 0.1609 | +0.167% | $5K | $1K | — | as long as short |
| SunX KGEN-USDT | +0.0100% | 4h | 0.1603 | −0.156% | $2K | $817K | 20x | as long as short |
| BloFin KGEN-USDT | +0.0599% | 4h | 0.1608 | +0.125% | $223K | $18K | 50x | as long as short |
| MEXC KGEN_USDTlong | +0.0614% | 4h | 0.1606 | long leg | $446K | $102K | 50x | |
| Binance KGENUSDT | +0.0625% | 4h | 0.1607 | +0.062% | $4.9M | $820K | 50x | as long as short |
| BingX KGEN-USDTshort | +0.0644% | 4h | 0.1607 | +0.062% | — | $6.6M | — |
Bybit KGENUSDT
OKX KGEN-USDT-SWAP
Gate KGEN_USDT
KuCoin KGENUSDTM
Variational Omni KGEN
SunX KGEN-USDT
BloFin KGEN-USDT
Binance KGENUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget KGENUSDT | +0.0686% | 4h | 0.1608 | +0.137% | $1.7M | $162K | 50x | as long as short |
| Aster KGENUSDT | +0.1002% | 4h | 0.1607 | +0.059% | $19K | $4K | 5x | as long as short |
Bitget KGENUSDT
Aster KGENUSDT