Funding you earn now, next payment 04:00 UTC−0.0016%/8h= −1.8% APRnext payment −$0.08 per $10,000 · paid last 24h +0.001%
Price spread now: BloFin against Bitget−0.261%85s7-day average +0.022% · you buy dearer than you sell
Net, funding: paid 7d − costs−$73as 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−$670.672% of the position
Funding, last 7 days−0.061%−$6 on $10k
+Price spread, last 4 days (all we have)+0.457%+$46 · spread now −0.261%, 7d avg +0.022%
=Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and BloFin is 0.283% cheaper against Bitget than usual: you would sell low and buy high (−$28 if the spread goes back to its 7-day average of +0.022%). Swap the legs. The two prices were read 85 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 | Bitget KAITOUSDT | 0.3450 | 0.0100 | pay 0.0050% / 4h | 47m 45s | $4.4M | $3.4M | 75x |
| Short | BloFin KAITO-USDT | 0.3441 | 0.0084 | get 0.0042% / 4h | 47m 45s | $548K | $65K | 75x |
Bitget KAITOUSDT
BloFin KAITO-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Bitget. 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
- −$3.45
- Price spread: −0.261% → +0.022%
- −$28.3
- Slippage, 4 orders
- −$43.17
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$98.92
- Costs to cover
- 0.672%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 5 min ago; BloFin: live order book, 53 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 Bitget live order book, 5 min ago | 2.88 bp | 22.8 bp −$23 | 55.2 bp −$552 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 53 min ago | 1.42 bp | 18.0 bp −$18 | 47.7 bp −$477 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Backpack KAITO_USDC_PERP | −0.0704% | 1h | 0.3446 | −0.128% | $20K | $167K | 10x | as long as short |
| Injective KAITO/USDC PERP | −0.0154% | 1h | 0.3465 | +0.435% | $7K | $52K | 12x | as long as short |
| Reya KAITORUSDPERP | 0.0000% | 1h | 0.3370 | −2.310% | — | — | — | as long as short |
| BloFin KAITO-USDTshort | +0.0084% | 4h | 0.3441 | −0.261% | $548K | $65K | 75x | |
| Aster KAITOUSDT | +0.0100% | 4h | 0.3443 | −0.200% | $118K | $50K | 10x | as long as short |
| Pacifica KAITO | +0.0100% | 1h | 0.3446 | −0.122% | $18K | $15K | 5x | as long as short |
| Binance KAITOUSDT | +0.0100% | 4h | 0.3447 | −0.074% | $10.5M | $16.7M | 75x | as long as short |
| Bybit KAITOUSDT | +0.0100% | 4h | 0.3450 | 0.000% | $4.3M | $7.5M | 75x | as long as short |
| OKX KAITO-USDT-SWAP | +0.0100% | 4h | 0.3447 | −0.087% | $4.2M | $10.6M | 50x | as long as short |
| Gate KAITO_USDT | +0.0100% | 4h | 0.3445 | −0.145% | $661K | $1.7M | 75x | as long as short |
Backpack KAITO_USDC_PERP
Injective KAITO/USDC PERP
Reya KAITORUSDPERP
Aster KAITOUSDT
Pacifica KAITO
Binance KAITOUSDT
Bybit KAITOUSDT
OKX KAITO-USDT-SWAP
Gate KAITO_USDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC KAITO_USDT | +0.0100% | 4h | 0.3445 | −0.145% | $3.3M | $1.1M | 50x | as long as short |
| KuCoin KAITOUSDTM | +0.0100% | 4h | 0.3448 | −0.058% | $1.4M | $167K | 30x | as long as short |
| Bitget KAITOUSDTlong | +0.0100% | 4h | 0.3450 | long leg | $4.4M | $3.4M | 75x | |
| BingX KAITO-USDT | +0.0100% | 4h | 0.3445 | −0.145% | — | $6.7M | — | as long as short |
| Variational Omni KAITO | +0.0100% | 4h | 0.3461 | +0.330% | $43K | $228K | — | as long as short |
| GRVT KAITO_USDT_Perp | +0.0100% | 4h | 0.3477 | +0.783% | $233K | $2.6M | 10x | as long as short |
| ApeX Omni KAITOUSDT | +0.0100% | 1h | 0.3459 | +0.261% | $30K | $257K | 50x | as long as short |
| Polymarket Perps KAITO-USD | +0.0100% | 1h | 0.3445 | −0.145% | $17K | $4.3M | 5x | as long as short |
| Orderly PERP_KAITO_USDC_mythos | +0.0100% | 4h | 0.3443 | −0.214% | $3K | $2K | 10x | as long as short |
| Extended KAITO-USD | +0.0104% | 1h | 0.3446 | −0.128% | $77K | $62K | 10x | as long as short |
| Aevo KAITO-PERP | +0.0104% | 1h | 0.3444 | −0.161% | $239K | — | 3x | as long as short |
| edgeX KAITOUSDC | +0.0113% | 4h | 0.3472 | +0.647% | $17K | $323K | 5x | as long as short |
| Paradex KAITO-USD-PERP | +0.0117% | 8h | 0.3442 | −0.222% | $4K | $604 | 10x | as long as short |
| Kraken Futures PF_KAITOUSD | +0.0406% | 1h | 0.3442 | −0.228% | $241K | $154K | 10x | as long as short |
| Hyperliquid KAITO | +0.0586% | 1h | 0.3451 | +0.032% | $2.0M | $805K | 5x | as long as short |
| 01 Exchange KAITOUSD | +0.0776% | 1h | 0.3507 | +1.655% | $6K | $2K | 3x | as long as short |
| Lighter KAITO | +0.1344% | 1h | 0.3459 | +0.249% | $85K | $92K | 5x | as long as short |
MEXC KAITO_USDT
KuCoin KAITOUSDTM
BingX KAITO-USDT
Variational Omni KAITO
GRVT KAITO_USDT_Perp
ApeX Omni KAITOUSDT
Polymarket Perps KAITO-USD
Orderly PERP_KAITO_USDC_mythos
Extended KAITO-USD
Aevo KAITO-PERP
edgeX KAITOUSDC
Paradex KAITO-USD-PERP
Kraken Futures PF_KAITOUSD
Hyperliquid KAITO
01 Exchange KAITOUSD
Lighter KAITO