Funding you earn now, next payment 12:00 UTC−0.0045%/8h= −4.9% APRnext payment −$0.22 per $10,000 · paid last 24h −0.007%
Price spread now: BloFin against Bybit+0.158%7-day average +0.074% · you sell dearer than you buy
Net, funding: paid 7d − costs−$100as in the Funding arb table
Net, price: spread back to 7d avg − costs−$95as in the Price arb table
costs, in and out, $10k−$1041.036% of the position
Funding, last 7 days+0.036%+$4 on $10k
+Price spread, last 4 days (all we have)−0.107%−$11 · spread now +0.158%, 7d avg +0.074%
=The price spread pays, funding is against you. BloFin is 0.084% dearer against Bybit than usual: you sell high and buy low (spread +0.158% now, against its 7-day average of +0.074%): +$8 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 6.3 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit KAIAUSDT | 0.03172 | 0.0100 | pay 0.0050% / 4h | 10m 31s | $2.0M | $1.1M | 50x |
| Short | BloFin KAIA-USDT | 0.03177 | 0.0055 | get 0.0028% / 4h | 10m 31s | $151K | $18K | 75x |
Bybit KAIAUSDT
BloFin KAIA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Bybit. 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
- −$9.4
- Price spread: +0.158% → +0.074%
- $8.4
- Slippage, 4 orders
- −$80.57
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$104.56
- Costs to cover
- 1.036%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 4 min ago; BloFin: live order book, 14 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 Bybit live order book, 4 min ago | 3.15 bp | 28.9 bp −$29 | 138.3 bp −$1,383 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 14 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 | +0.202% | $32K | $42K | 10x | as long as short |
| BloFin KAIA-USDTshort | +0.0055% | 4h | 0.03177 | +0.158% | $151K | $18K | 75x | |
| Binance KAIAUSDT | +0.0100% | 4h | 0.03176 | +0.126% | $2.4M | $3.7M | 75x | as long as short |
| Bybit KAIAUSDTlong | +0.0100% | 4h | 0.03172 | long leg | $2.0M | $1.1M | 50x | |
| Gate KAIA_USDT | +0.0100% | 4h | 0.03171 | −0.032% | $74K | $67K | 50x | as long as short |
| MEXC KAIA_USDT | +0.0100% | 4h | 0.03176 | +0.126% | $522K | $162K | 100x | as long as short |
| KuCoin KAIAUSDTM | +0.0100% | 4h | 0.03179 | +0.221% | $307K | $40K | 30x | as long as short |
| Bitget KAIAUSDT | +0.0100% | 4h | 0.03177 | +0.158% | $436K | $369K | 75x | as long as short |
| BingX KAIA-USDT | +0.0100% | 4h | 0.03175 | +0.095% | — | $6.5M | — | as long as short |
| Variational Omni KAIA | +0.0100% | 4h | 0.03171 | −0.043% | $3K | $1 | — | as long as short |
Kraken Futures PF_KAIAUSD
Binance KAIAUSDT
Gate KAIA_USDT
MEXC KAIA_USDT
KuCoin KAIAUSDTM
Bitget KAIAUSDT
BingX KAIA-USDT
Variational Omni KAIAShow 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 | +0.158% | $382K | $461K | 10x | as long as short |
| Extended KAIA-USD | +0.0104% | 1h | 0.03175 | +0.087% | $3K | $135K | 5x | as long as short |
GRVT KAIA_USDT_Perp
Extended KAIA-USD