Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.002%
Price spread now: Bybit against OKX−0.371%7-day average +0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$411as in the Funding arb table
Net, price: spread back to 7d avg − costs−$446as in the Price arb table
costs, in and out, $10k−$4084.085% of the position
Funding, last 7 days−0.030%−$3 on $10k
+Price spread, last 4 days (all we have)+0.352%+$35 · spread now −0.371%, 7d avg +0.002%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.373% cheaper against OKX than usual: you would sell low and buy high, −$37 on $10k if it goes back to its 7-day average of +0.002%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX KGEN-USDT-SWAP | 0.1616 | 0.0100 | pay 0.0050% / 4h | 1h 56m | $195K | $117K | 10x |
| Short | Bybit KGENUSDT | 0.1610 | 0.0100 | get 0.0050% / 4h | 1h 56m | $750K | $326K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $0
- Price spread: −0.371% → +0.002%
- −$37.35
- Slippage, 4 orders
- −$387.46
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$445.81
- Costs to cover
- 4.085%
- Break-even
- never at this rate
Slippage from OKX: live order book, 3 min ago; Bybit: 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 OKX live order book, 3 min ago | 12.39 bp | 54.0 bp −$54 | 22321.4 bp −$223.2K | 285288.8 bp −$28.53M | doesn't fit |
| Sell Bybit live order book, 3 min ago | 6.20 bp | 134.9 bp −$135 | doesn't fit | 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 KGENUSDTshort | +0.0100% | 4h | 0.1610 | −0.371% | $750K | $326K | 20x | |
| OKX KGEN-USDT-SWAPlong | +0.0100% | 4h | 0.1616 | long leg | $195K | $117K | 10x | |
| Gate KGEN_USDT | +0.0100% | 4h | 0.1608 | −0.501% | $1.5M | $85K | 50x | as long as short |
| KuCoin KGENUSDTM | +0.0100% | 4h | 0.1611 | −0.309% | $738K | $1.6M | 50x | as long as short |
| Variational Omni KGEN | +0.0100% | 4h | 0.1613 | −0.203% | $5K | $1K | — | as long as short |
| SunX KGEN-USDT | +0.0100% | 4h | 0.1608 | −0.464% | $2K | $833K | 20x | as long as short |
| Bitget KGENUSDT | +0.0444% | 4h | 0.1611 | −0.322% | $1.7M | $169K | 50x | as long as short |
| BingX KGEN-USDT | +0.0510% | 4h | 0.1611 | −0.309% | — | $6.5M | — | as long as short |
| Binance KGENUSDT | +0.0535% | 4h | 0.1611 | −0.336% | $4.9M | $835K | 50x | as long as short |
| MEXC KGEN_USDT | +0.0536% | 4h | 0.1609 | −0.433% | $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 | +0.1000% | 4h | 0.1610 | −0.400% | $19K | $4K | 5x | as long as short |
OKX KGEN-USDT-SWAP
Bybit KGENUSDT
Gate KGEN_USDT
KuCoin KGENUSDTM
Variational Omni KGEN
SunX KGEN-USDT
Bitget KGENUSDT
BingX KGEN-USDT
Binance KGENUSDT
MEXC KGEN_USDT
Aster KGENUSDT