Funding you earn now, next payment 00:00 UTC+0.0592%/8h= +64.8% APRnext payment +$2.96 per $10,000 · paid last 24h +0.189%
Price spread now: MEXC against OKX+0.125%7-day average +0.025% · you sell dearer than you buy
Net, funding: paid 7d − costs−$129as in the Funding arb table
Net, price: spread back to 7d avg − costs−$155as in the Price arb table
costs, in and out, $10k−$1651.646% of the position
Funding, last 7 days+0.352%+$35 on $10k
+Price spread, last 4 days (all we have)−0.064%−$6 · spread now +0.125%, 7d avg +0.025%
=Both sides work for this trade now. Funding pays +$18 a day on $10k at the current rate, and MEXC is 0.100% dearer against OKX than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of +0.025%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.352% in total (about 18.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.96 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 | OKX KGEN-USDT-SWAP | 0.1597 | 0.0100 | pay 0.0050% / 4h | 3h 32m | $194K | $130K | 10x |
| Short | MEXC KGEN_USDT | 0.1599 | 0.0692 | get 0.0346% / 4h | 3h 32m | $441K | $97K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $124.32
- Price spread: +0.125% → +0.025%
- $10.02
- Slippage, 4 orders
- −$146.64
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee MEXC: 4 bp × 2 orders
- −$8
- Net
- −$30.3
- Costs to cover
- 1.646%
- Break-even
- 8.7 days
Slippage from OKX: live order book, 13 min ago; MEXC: live order book, 11 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, 13 min ago | 6.28 bp | 66.2 bp −$66 | 20535.3 bp −$205.4K | 270445.3 bp −$27.04M | doesn't fit |
| Sell MEXC live order book, 11 min ago | 6.28 bp | 17.0 bp −$17 | 115.7 bp −$1,157 | 444.9 bp −$44.5K | 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 | 0.1599 | +0.113% | $747K | $303K | 20x | as long as short |
| OKX KGEN-USDT-SWAPlong | +0.0100% | 4h | 0.1597 | long leg | $194K | $130K | 10x | |
| KuCoin KGENUSDTM | +0.0100% | 4h | 0.1598 | +0.088% | $721K | $1.5M | 50x | as long as short |
| Variational Omni KGEN | +0.0100% | 4h | 0.1598 | +0.064% | $3K | $12 | — | as long as short |
| SunX KGEN-USDT | +0.0100% | 4h | 0.1595 | −0.131% | $2K | $829K | 20x | as long as short |
| Bitget KGENUSDT | +0.0328% | 4h | 0.1600 | +0.188% | $1.7M | $175K | 50x | as long as short |
| Aster KGENUSDT | +0.0614% | 4h | 0.1596 | −0.046% | $19K | $4K | 5x | as long as short |
| BingX KGEN-USDT | +0.0622% | 4h | 0.1599 | +0.125% | — | $6.5M | — | as long as short |
| BloFin KGEN-USDT | +0.0660% | 4h | 0.1597 | 0.000% | $227K | $18K | 50x | as long as short |
| Binance KGENUSDT | +0.0690% | 4h | 0.1599 | +0.125% | $4.9M | $903K | 50x | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC KGEN_USDTshort | +0.0692% | 4h | 0.1599 | +0.125% | $441K | $97K | 50x | |
| Gate KGEN_USDT | +0.1066% | 4h | 0.1595 | −0.138% | $1.5M | $96K | 50x | as long as short |
OKX KGEN-USDT-SWAP
MEXC KGEN_USDT
Bybit KGENUSDT
KuCoin KGENUSDTM
Variational Omni KGEN
SunX KGEN-USDT
Bitget KGENUSDT
Aster KGENUSDT
BingX KGEN-USDT
BloFin KGEN-USDT
Binance KGENUSDT
Gate KGEN_USDT