Funding you earn now, next payment 00:00 UTC−0.0160%/8h= −17.5% APRpaid last 24h −0.074%
Price spread now: BloFin against Kraken Futures−0.409%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and BloFin is 0.409% cheaper against Kraken Futures than usual: you would sell low and buy high (−$41 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_KAIAUSD | 0.03265 | 0.0284 | pay 0.0036% / 1h | 23m 00s | $46K | $14K | 10x |
| Short | BloFin KAIA-USDT | 0.03252 | 0.0125 | get 0.0062% / 4h | 23m 00s | $154K | $9K | 75x |
Kraken Futures PF_KAIAUSD
BloFin KAIA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Kraken Futures. 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
- −$33.51
- Price spread: −0.409% → 0.000%
- −$40.88
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$96.4
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; BloFin: live order book, 39 min ago. Net counts fees only.
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 Kraken Futures no order-book sample | — | — | — | — | — |
| Sell BloFin live order book, 39 min ago | 9.17 bp | 23.1 bp −$23 | 72.6 bp −$726 | doesn't fit | doesn't fit |
Kraken Futures: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | |
|---|---|---|---|---|---|---|---|---|
| Binance KAIAUSDT | +0.0100% | 4h | 0.03260 | −0.164% | $2.3M | $3.6M | 75x | as long as short |
| Bybit KAIAUSDT | +0.0100% | 4h | 0.03254 | −0.348% | $2.0M | $1.5M | 50x | as long as short |
| Gate KAIA_USDT | +0.0100% | 4h | 0.03258 | −0.225% | $80K | $57K | 50x | as long as short |
| MEXC KAIA_USDT | +0.0100% | 4h | 0.03259 | −0.194% | $412K | $126K | 100x | as long as short |
| KuCoin KAIAUSDTM | +0.0100% | 4h | 0.03262 | −0.103% | $336K | $72K | 30x | as long as short |
| Bitget KAIAUSDT | +0.0100% | 4h | 0.03257 | −0.256% | $475K | $352K | 75x | as long as short |
| BingX KAIA-USDT | +0.0100% | 4h | 0.03256 | −0.286% | — | $6.5M | — | as long as short |
| Variational Omni KAIA | +0.0100% | 4h | 0.03264 | −0.038% | $3K | $202 | — | as long as short |
| GRVT KAIA_USDT_Perp | +0.0100% | 4h | 0.03271 | +0.160% | $392K | $502K | 10x | as long as short |
| Extended KAIA-USD | +0.0104% | 1h | 0.03259 | −0.184% | $972 | $100K | 5x | as long as short |
Binance KAIAUSDT
Bybit KAIAUSDT
Gate KAIA_USDT
MEXC KAIA_USDT
KuCoin KAIAUSDTM
Bitget KAIAUSDT
BingX KAIA-USDT
Variational Omni KAIA
GRVT KAIA_USDT_Perp
Extended KAIA-USDShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin KAIA-USDTshort | +0.0125% | 4h | 0.03252 | −0.409% | $154K | $9K | 75x | |
| Kraken Futures PF_KAIAUSDlong | +0.0284% | 1h | 0.03265 | long leg | $46K | $14K | 10x |