Funding you earn now, next payment 12:00 UTC−0.0036%/8h= −3.9% APRnext payment −$0.18 per $10,000 · paid last 24h −0.007%
Price spread now: BloFin against Binance+0.157%111s7-day average −0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$91as 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−$900.903% of the position
Funding, last 7 days−0.003%$0 on $10k
+Price spread, last 4 days (all we have)−0.209%−$21 · spread now +0.157%, 7d avg −0.014%
=The price spread pays, funding is against you. BloFin is 0.172% dearer against Binance than usual: you sell high and buy low (spread +0.157% now, against its 7-day average of −0.014%): +$17 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 16 days. At the pace of the last 7 days (−0.003% in total) that is about 15 months. The two prices were read 111 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 | Binance KAIAUSDT | 0.03175 | 0.0100 | pay 0.0050% / 4h | 11m 26s | $2.4M | $3.7M | 75x |
| Short | BloFin KAIA-USDT | 0.03180 | 0.0064 | get 0.0032% / 4h | 11m 26s | $152K | $18K | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Binance. 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
- −$7.55
- Price spread: +0.157% → −0.014%
- $17.17
- Slippage, 4 orders
- −$68.32
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$80.7
- Costs to cover
- 0.903%
- Break-even
- never at this rate
Slippage from Binance: live order book, 3 min ago; BloFin: live order book, 13 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 Binance live order book, 3 min ago | 1.57 bp | 18.2 bp −$18 | 98.3 bp −$983 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 13 min ago | 7.89 bp | 24.5 bp −$25 | 56.0 bp −$560 | doesn't fit | doesn't fit |
KAIA on 12 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_KAIAUSD | −0.0167% | 1h | 0.03178 | +0.107% | $32K | $42K | 10x | as long as short |
| BloFin KAIA-USDTshort | +0.0064% | 4h | 0.03180 | +0.157% | $152K | $18K | 75x | |
| Binance KAIAUSDTlong | +0.0100% | 4h | 0.03175 | long leg | $2.4M | $3.7M | 75x | |
| Bybit KAIAUSDT | +0.0100% | 4h | 0.03172 | −0.094% | $2.0M | $1.1M | 50x | as long as short |
| Gate KAIA_USDT | +0.0100% | 4h | 0.03171 | −0.126% | $74K | $67K | 50x | as long as short |
| MEXC KAIA_USDT | +0.0100% | 4h | 0.03175 | 0.000% | $521K | $162K | 100x | as long as short |
| KuCoin KAIAUSDTM | +0.0100% | 4h | 0.03178 | +0.094% | $307K | $40K | 30x | as long as short |
| Bitget KAIAUSDT | +0.0100% | 4h | 0.03177 | +0.063% | $436K | $369K | 75x | as long as short |
| BingX KAIA-USDT | +0.0100% | 4h | 0.03173 | −0.063% | — | $6.5M | — | as long as short |
| Variational Omni KAIA | +0.0100% | 4h | 0.03174 | −0.028% | $3K | $1 | — | as long as short |
Show all 12 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT KAIA_USDT_Perp | +0.0100% | 4h | 0.03177 | +0.063% | $382K | $461K | 10x | as long as short |
| Extended KAIA-USD | +0.0104% | 1h | 0.03174 | −0.036% | $3K | $135K | 5x | as long as short |
Binance KAIAUSDT
BloFin KAIA-USDT
Kraken Futures PF_KAIAUSD
Bybit KAIAUSDT
Gate KAIA_USDT
MEXC KAIA_USDT
KuCoin KAIAUSDTM
Bitget KAIAUSDT
BingX KAIA-USDT
Variational Omni KAIA
GRVT KAIA_USDT_Perp
Extended KAIA-USD