Funding you earn now, next payment 00:00 UTC−0.0011%/8h= −1.3% APRnext payment −$0.06 per $10,000 · paid last 24h +0.002%
Price spread now: BloFin against BingX+0.086%111s7-day average −0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs−$61as 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−$540.535% of the position
Funding, last 7 days−0.070%−$7 on $10k
+Price spread, last 3 days (all we have)+0.215%+$22 · spread now +0.086%, 7d avg −0.008%
=The price spread pays, funding is against you. BloFin is 0.094% dearer against BingX than usual: you sell high and buy low (spread +0.086% now, against its 7-day average of −0.008%): +$9 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 27 days. At the pace of the last 7 days (−0.070% in total) that is about 9.4 days. 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 | BingX KAITO-USDT | 0.3494 | 0.0100 | pay 0.0050% / 4h | 51m 22s | — | $6.7M | — |
| Short | BloFin KAITO-USDT | 0.3497 | 0.0089 | get 0.0044% / 4h | 51m 22s | $547K | $61K | 75x |
BingX KAITO-USDT
BloFin KAITO-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against BingX. 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
- −$2.41
- Price spread: +0.086% → −0.008%
- $9.41
- Slippage, 4 orders
- −$31.54
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$46.54
- Costs to cover
- 0.535%
- Break-even
- never at this rate
Slippage from BingX: live order book, 1 min ago; BloFin: live order book, 25 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 BingX live order book, 1 min ago | 4.30 bp | 14.0 bp −$14 | 25.2 bp −$252 | 160.3 bp −$16.0K | 667.5 bp −$333.8K |
| Sell BloFin live order book, 25 min ago | 4.31 bp | 13.1 bp −$13 | 29.3 bp −$293 | 172.2 bp −$17.2K | doesn't fit |
KAITO on 27 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective KAITO/USDC PERP | −0.0010% | 1h | 0.3485 | −0.258% | $7K | $52K | 12x | as long as short |
| Reya KAITORUSDPERP | 0.0000% | 1h | 0.3370 | −3.542% | — | — | — | as long as short |
| BloFin KAITO-USDTshort | +0.0089% | 4h | 0.3497 | +0.086% | $547K | $61K | 75x | |
| Aster KAITOUSDT | +0.0100% | 4h | 0.3493 | −0.029% | $117K | $34K | 10x | as long as short |
| Pacifica KAITO | +0.0100% | 1h | 0.3495 | +0.035% | $18K | $12K | 5x | as long as short |
| Binance KAITOUSDT | +0.0100% | 4h | 0.3495 | +0.041% | $10.6M | $15.7M | 75x | as long as short |
| Bybit KAITOUSDT | +0.0100% | 4h | 0.3496 | +0.057% | $4.4M | $6.7M | 75x | as long as short |
| OKX KAITO-USDT-SWAP | +0.0100% | 4h | 0.3493 | −0.029% | $4.2M | $10.0M | 50x | as long as short |
| Gate KAITO_USDT | +0.0100% | 4h | 0.3496 | +0.057% | $695K | $1.7M | 75x | as long as short |
| MEXC KAITO_USDT | +0.0100% | 4h | 0.3494 | 0.000% | $3.3M | $1.0M | 50x | as long as short |
Injective KAITO/USDC PERP
Reya KAITORUSDPERP
Aster KAITOUSDT
Pacifica KAITO
Binance KAITOUSDT
Bybit KAITOUSDT
OKX KAITO-USDT-SWAP
Gate KAITO_USDT
MEXC KAITO_USDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin KAITOUSDTM | +0.0100% | 4h | 0.3495 | +0.029% | $1.4M | $166K | 30x | as long as short |
| Bitget KAITOUSDT | +0.0100% | 4h | 0.3496 | +0.057% | $4.3M | $3.0M | 75x | as long as short |
| BingX KAITO-USDTlong | +0.0100% | 4h | 0.3494 | long leg | — | $6.7M | — | |
| Backpack KAITO_USDC_PERP | +0.0100% | 1h | 0.3490 | −0.117% | $19K | $166K | 10x | as long as short |
| Variational Omni KAITO | +0.0100% | 4h | 0.3492 | −0.056% | $44K | $231K | — | as long as short |
| GRVT KAITO_USDT_Perp | +0.0100% | 4h | 0.3492 | −0.063% | $236K | $3.0M | 10x | as long as short |
| ApeX Omni KAITOUSDT | +0.0100% | 1h | 0.3496 | +0.057% | $30K | $257K | 50x | as long as short |
| Polymarket Perps KAITO-USD | +0.0100% | 1h | 0.3497 | +0.086% | $15K | $4.1M | 5x | as long as short |
| Orderly PERP_KAITO_USDC_mythos | +0.0100% | 4h | 0.3493 | −0.014% | $3K | $2K | 10x | as long as short |
| Paradex KAITO-USD-PERP | +0.0101% | 8h | 0.3495 | +0.022% | $4K | $604 | 10x | as long as short |
| Extended KAITO-USD | +0.0104% | 1h | 0.3496 | +0.066% | $62K | $41K | 10x | as long as short |
| Aevo KAITO-PERP | +0.0104% | 1h | 0.3491 | −0.100% | $242K | $1K | 3x | as long as short |
| edgeX KAITOUSDC | +0.0106% | 4h | 0.3492 | −0.050% | $17K | $321K | 5x | as long as short |
| Hyperliquid KAITO | +0.0740% | 1h | 0.3502 | +0.240% | $2.0M | $742K | 5x | as long as short |
| Kraken Futures PF_KAITOUSD | +0.1001% | 1h | 0.3492 | −0.062% | $241K | $155K | 10x | as long as short |
| Lighter KAITO | +0.1344% | 1h | 0.3505 | +0.326% | $84K | $82K | 5x | as long as short |
| 01 Exchange KAITOUSD | +0.8480% | 1h | 0.3581 | +2.487% | $6K | $2K | 3x | as long as short |
KuCoin KAITOUSDTM
Bitget KAITOUSDT
Backpack KAITO_USDC_PERP
Variational Omni KAITO
GRVT KAITO_USDT_Perp
ApeX Omni KAITOUSDT
Polymarket Perps KAITO-USD
Orderly PERP_KAITO_USDC_mythos
Paradex KAITO-USD-PERP
Extended KAITO-USD
Aevo KAITO-PERP
edgeX KAITOUSDC
Hyperliquid KAITO
Kraken Futures PF_KAITOUSD
Lighter KAITO
01 Exchange KAITOUSD