Funding you earn now, next payment 08:00 UTC−0.0046%/8h= −5.0% APRnext payment −$0.23 per $10,000 · paid last 24h −0.113%
Price spread now: Gate against MEXC−0.374%7-day average −0.202% · you buy dearer than you sell
Net, funding: paid 7d − costs−$628as in the Funding arb table
Net, price: spread back to 7d avg − costs−$636as in the Price arb table
costs, in and out, $10k−$6196.188% of the position
Funding, last 7 days−0.096%−$10 on $10k
+Price spread, last 4 days (all we have)+0.123%+$12 · spread now −0.374%, 7d avg −0.202%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Gate is 0.172% cheaper against MEXC than usual: you would sell low and buy high (−$17 if the spread goes back to its 7-day average of −0.202%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC KGEN_USDT | 0.1630 | 0.0622 | pay 0.0311% / 4h | 3h 24m | $459K | $102K | 50x |
| Short | Gate KGEN_USDT | 0.1624 | 0.0576 | get 0.0288% / 4h | 3h 24m | $1.5M | $85K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$9.66
- Price spread: −0.374% → −0.202%
- −$17.2
- Slippage, 4 orders
- −$595.8
- Fee MEXC: 4 bp × 2 orders
- −$8
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$645.66
- Costs to cover
- 6.188%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 11 min ago; Gate: 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 MEXC live order book, 11 min ago | 6.13 bp | 21.8 bp −$22 | 167.2 bp −$1,672 | 567.7 bp −$56.8K | doesn't fit |
| Sell Gate live order book, 2 min ago | 10.13 bp | 342.2 bp −$342 | doesn't fit | 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 | 0.1629 | −0.049% | $751K | $314K | 20x | as long as short |
| OKX KGEN-USDT-SWAP | +0.0100% | 4h | 0.1630 | 0.000% | $198K | $119K | 10x | as long as short |
| KuCoin KGENUSDTM | +0.0100% | 4h | 0.1631 | +0.031% | $750K | $1.8M | 50x | as long as short |
| Variational Omni KGEN | +0.0100% | 4h | 0.1629 | −0.080% | $5K | $1K | — | as long as short |
| SunX KGEN-USDT | +0.0100% | 4h | 0.1626 | −0.215% | $2K | $850K | 20x | as long as short |
| Bitget KGENUSDT | +0.0270% | 4h | 0.1632 | +0.117% | $1.7M | $170K | 50x | as long as short |
| Gate KGEN_USDTshort | +0.0576% | 4h | 0.1624 | −0.374% | $1.5M | $85K | 50x | |
| BloFin KGEN-USDT | +0.0586% | 4h | 0.1632 | +0.123% | $224K | $19K | 50x | as long as short |
| BingX KGEN-USDT | +0.0598% | 4h | 0.1630 | 0.000% | — | $6.6M | — | as long as short |
| MEXC KGEN_USDTlong | +0.0622% | 4h | 0.1630 | long leg | $459K | $102K | 50x |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance KGENUSDT | +0.0623% | 4h | 0.1631 | +0.031% | $5.0M | $834K | 50x | as long as short |
| Aster KGENUSDT | +0.1102% | 4h | 0.1628 | −0.107% | $19K | $4K | 5x | as long as short |
MEXC KGEN_USDT
Gate KGEN_USDT
Bybit KGENUSDT
OKX KGEN-USDT-SWAP
KuCoin KGENUSDTM
Variational Omni KGEN
SunX KGEN-USDT
Bitget KGENUSDT
BloFin KGEN-USDT
BingX KGEN-USDT
Binance KGENUSDT
Aster KGENUSDT