Funding you earn now, next payment 08:00 UTC+0.0009%/8h= +1.0% APRnext payment +$0.05 per $10,000 · paid last 24h +0.009%
Price spread now: MEXC against BloFin−0.062%7-day average +0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs−$77as in the Funding arb table
Net, price: spread back to 7d avg − costs−$85as in the Price arb table
costs, in and out, $10k−$770.773% of the position
Funding, last 7 days+0.004%$0 on $10k
+Price spread, last 4 days (all we have)+0.106%+$11 · spread now −0.062%, 7d avg +0.014%
=Funding pays, the price is against you. MEXC is 0.076% cheaper against BloFin than usual: you would sell low and buy high (spread −0.062% now, against its 7-day average of +0.014%). If the spread goes back, that is −$8 on $10k: about 27 days of funding at the current rate ($0 a day). At the pace of the last 7 days (+0.004% in total) that is about 4 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin KAIA-USDT | 0.03223 | 0.0091 | pay 0.0045% / 4h | 2h 50m | $155K | $21K | 75x |
| Short | MEXC KAIA_USDT | 0.03221 | 0.0100 | get 0.0050% / 4h | 2h 50m | $519K | $145K | 100x |
BloFin KAIA-USDT
MEXC KAIA_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against BloFin. 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
- $1.96
- Price spread: −0.062% → +0.014%
- −$7.57
- Slippage, 4 orders
- −$61.33
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$82.94
- Costs to cover
- 0.773%
- Break-even
- 304.0 days
Slippage from BloFin: live order book, 29 min ago; MEXC: 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 BloFin live order book, 29 min ago | 9.28 bp | 29.5 bp −$30 | 91.5 bp −$915 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 45 min ago | 3.07 bp | 12.9 bp −$13 | 94.3 bp −$943 | 248.5 bp −$24.8K | doesn't fit |
KAIA 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin KAIA-USDTlong | +0.0091% | 4h | 0.03223 | long leg | $155K | $21K | 75x | |
| Binance KAIAUSDT | +0.0100% | 4h | 0.03220 | −0.093% | $2.4M | $4.1M | 75x | as long as short |
| Bybit KAIAUSDT | +0.0100% | 4h | 0.03215 | −0.248% | $1.9M | $1.4M | 50x | as long as short |
| Gate KAIA_USDT | +0.0100% | 4h | 0.03220 | −0.093% | $81K | $74K | 50x | as long as short |
| MEXC KAIA_USDTshort | +0.0100% | 4h | 0.03221 | −0.062% | $519K | $145K | 100x | |
| KuCoin KAIAUSDTM | +0.0100% | 4h | 0.03216 | −0.217% | $317K | $68K | 30x | as long as short |
| Bitget KAIAUSDT | +0.0100% | 4h | 0.03220 | −0.093% | $463K | $400K | 75x | as long as short |
| BingX KAIA-USDT | +0.0100% | 4h | 0.03218 | −0.155% | — | $6.5M | — | as long as short |
| Variational Omni KAIA | +0.0100% | 4h | 0.03216 | −0.204% | $3K | $202 | — | as long as short |
| GRVT KAIA_USDT_Perp | +0.0100% | 4h | 0.03218 | −0.155% | $383K | $510K | 10x | as long as short |
Binance KAIAUSDT
Bybit KAIAUSDT
Gate KAIA_USDT
KuCoin KAIAUSDTM
Bitget KAIAUSDT
BingX KAIA-USDT
Variational Omni KAIA
GRVT KAIA_USDT_PerpShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended KAIA-USD | +0.0104% | 1h | 0.03220 | −0.082% | $959 | $98K | 5x | as long as short |
| Kraken Futures PF_KAIAUSD | +0.1527% | 1h | 0.03227 | +0.120% | $46K | $39K | 10x | as long as short |
Extended KAIA-USD
Kraken Futures PF_KAIAUSD