Funding you earn now, next payment 08:00 UTC+0.0456%/8h= +50.0% APRnext payment +$2.28 per $10,000 · paid last 24h +0.195%
Price spread now: BloFin against OKX−0.428%73s7-day average +0.060% · you buy dearer than you sell
Net, funding: paid 7d − costs−$184as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$2232.233% of the position
Funding, last 7 days+0.393%+$39 on $10k
+Price spread, last 4 days (all we have)+0.387%+$39 · spread now −0.428%, 7d avg +0.060%
=Funding pays, the price is against you. BloFin is 0.487% cheaper against OKX than usual: you would sell low and buy high (spread −0.428% now, against its 7-day average of +0.060%). If the spread goes back, that is −$49 on $10k: about 3.6 days of funding at the current rate (+$14 a day). At the pace of the last 7 days (+0.393% in total) that is about 8.7 days. The two prices were read 73 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX KGEN-USDT-SWAP | 0.1637 | 0.0100 | pay 0.0050% / 4h | 3h 45m | $199K | $121K | 10x |
| Short | BloFin KGEN-USDT | 0.1630 | 0.0556 | get 0.0278% / 4h | 3h 45m | $224K | $19K | 50x |
OKX KGEN-USDT-SWAP
BloFin KGEN-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against OKX. 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
- $95.86
- Price spread: −0.428% → +0.060%
- −$48.71
- Slippage, 4 orders
- −$201.35
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$176.2
- Costs to cover
- 2.233%
- Break-even
- 19.9 days
Slippage from OKX: live order book, 4 min ago; BloFin: live order book, 45 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 OKX live order book, 4 min ago | 9.19 bp | 67.2 bp −$67 | 27714.0 bp −$277.1K | 329866.9 bp −$32.99M | doesn't fit |
| Sell BloFin live order book, 45 min ago | 9.26 bp | 34.8 bp −$35 | 124.2 bp −$1,242 | 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 | 0.1635 | −0.153% | $753K | $315K | 20x | as long as short |
| OKX KGEN-USDT-SWAPlong | +0.0100% | 4h | 0.1637 | long leg | $199K | $121K | 10x | |
| KuCoin KGENUSDTM | +0.0100% | 4h | 0.1634 | −0.195% | $746K | $1.8M | 50x | as long as short |
| Variational Omni KGEN | +0.0100% | 4h | 0.1634 | −0.201% | $5K | $1K | — | as long as short |
| SunX KGEN-USDT | +0.0100% | 4h | 0.1632 | −0.312% | $2K | $851K | 20x | as long as short |
| Bitget KGENUSDT | +0.0372% | 4h | 0.1633 | −0.214% | $1.7M | $174K | 50x | as long as short |
| BingX KGEN-USDT | +0.0550% | 4h | 0.1635 | −0.122% | — | $6.5M | — | as long as short |
| BloFin KGEN-USDTshort | +0.0556% | 4h | 0.1630 | −0.428% | $224K | $19K | 50x | |
| MEXC KGEN_USDT | +0.0598% | 4h | 0.1636 | −0.061% | $466K | $100K | 50x | as long as short |
| Binance KGENUSDT | +0.0615% | 4h | 0.1636 | −0.059% | $5.0M | $834K | 50x | as long as short |
Bybit KGENUSDT
KuCoin KGENUSDTM
Variational Omni KGEN
SunX KGEN-USDT
Bitget KGENUSDT
BingX KGEN-USDT
MEXC KGEN_USDT
Binance KGENUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster KGENUSDT | +0.1059% | 4h | 0.1633 | −0.235% | $20K | $4K | 5x | as long as short |
| Gate KGEN_USDT | +0.1318% | 4h | 0.1632 | −0.324% | $1.5M | $84K | 50x | as long as short |
Aster KGENUSDT
Gate KGEN_USDT