KGEN arbitrage explained
Right now KGeN (KGEN) trades on 9 venues we scan: 9 perpetual markets, 4 spot markets and 0 DEX pools. The lowest ask is on Gate perp at $0.1502 and the highest bid on KuCoin perp at $0.1505.
The widest KGEN perpetual spread is between Gate and KuCoin: long KGEN on Gate at $0.1502 and short on KuCoin at $0.1505 for +0.26% gross, or +0.10% after the 0.16% two-leg fee model. No transfer is needed: both positions stay on their exchanges until the prices converge. The funding difference on this pair is 0.000% per day, which the position collects while it is open.
For a spot–perpetual (cash-and-carry) trade, the best KGEN route is to buy spot on Bitget and short the perpetual on KuCoin: +0.16% gross, -0.04% net, with +0.030% a day of funding on the short leg.
Spot–spot KGEN arbitrage (buy on Bitget, withdraw, deposit and sell on Gate) shows -0.08% gross right now. It only works if withdrawals on the buying exchange and deposits on the selling exchange are open, so check the D/W dots before moving coins.
Small KGEN gaps usually disappear after fees, slippage and funding. Look at the Net column, the executable Depth and the spread history before trading: a gap that has been open for days is a different trade from a one-minute spike.
Related: KGEN funding rates · KGEN spread charts · KGeN price · arbitrage scanner for all coins.