Funding you earn now, next payment 00:00 UTC−0.0059%/8h= −6.5% APRnext payment −$0.29 per $10,000 · paid last 24h −0.002%
Price spread now: Binance against BloFin−0.050%61s7-day average −0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs−$56as 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−$580.575% of the position
Funding, last 7 days+0.011%+$1 on $10k
+Price spread, last 3 days (all we have)−0.042%−$4 · spread now −0.050%, 7d avg −0.015%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Binance is 0.036% cheaper against BloFin than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.015%). Swap the legs. The two prices were read 61 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 | BloFin KAITO-USDT | 0.3460 | 0.0159 | pay 0.0079% / 4h | 1h 32m | $535K | $59K | 75x |
| Short | Binance KAITOUSDT | 0.3458 | 0.0100 | get 0.0050% / 4h | 1h 32m | $10.4M | $15.6M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- −$12.39
- Price spread: −0.050% → −0.015%
- −$3.55
- Slippage, 4 orders
- −$35.53
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$73.47
- Costs to cover
- 0.575%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 49 min ago; Binance: live order book, 8 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, 49 min ago | 2.89 bp | 19.9 bp −$20 | 37.5 bp −$375 | doesn't fit | doesn't fit |
| Sell Binance live order book, 8 min ago | 1.44 bp | 14.6 bp −$15 | 37.7 bp −$377 | 329.4 bp −$32.9K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_KAITOUSD | −0.0433% | 1h | 0.3461 | +0.016% | $237K | $159K | 10x | as long as short |
| Injective KAITO/USDC PERP | −0.0055% | 1h | 0.3446 | −0.405% | $7K | $52K | 12x | as long as short |
| Reya KAITORUSDPERP | 0.0000% | 1h | 0.3370 | −2.598% | — | — | — | as long as short |
| Aster KAITOUSDT | +0.0100% | 4h | 0.3457 | −0.074% | $116K | $34K | 10x | as long as short |
| Pacifica KAITO | +0.0100% | 1h | 0.3460 | 0.000% | $18K | $12K | 5x | as long as short |
| Binance KAITOUSDTshort | +0.0100% | 4h | 0.3458 | −0.050% | $10.4M | $15.6M | 75x | |
| Bybit KAITOUSDT | +0.0100% | 4h | 0.3461 | +0.029% | $4.3M | $6.7M | 75x | as long as short |
| OKX KAITO-USDT-SWAP | +0.0100% | 4h | 0.3455 | −0.145% | $4.1M | $9.9M | 50x | as long as short |
| Gate KAITO_USDT | +0.0100% | 4h | 0.3460 | 0.000% | $674K | $1.7M | 75x | as long as short |
| MEXC KAITO_USDT | +0.0100% | 4h | 0.3458 | −0.058% | $3.3M | $1.0M | 50x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin KAITOUSDTM | +0.0100% | 4h | 0.3460 | 0.000% | $1.4M | $166K | 30x | as long as short |
| Bitget KAITOUSDT | +0.0100% | 4h | 0.3463 | +0.087% | $4.2M | $2.9M | 75x | as long as short |
| BingX KAITO-USDC | +0.0100% | 4h | 0.3459 | −0.029% | — | $6.5M | — | as long as short |
| Backpack KAITO_USDC_PERP | +0.0100% | 1h | 0.3457 | −0.090% | $18K | $168K | 10x | as long as short |
| Variational Omni KAITO | +0.0100% | 4h | 0.3465 | +0.133% | $43K | $234K | — | as long as short |
| GRVT KAITO_USDT_Perp | +0.0100% | 4h | 0.3462 | +0.058% | $241K | $3.1M | 10x | as long as short |
| ApeX Omni KAITOUSDT | +0.0100% | 1h | 0.3464 | +0.116% | $30K | $256K | 50x | as long as short |
| Polymarket Perps KAITO-USD | +0.0100% | 1h | 0.3459 | −0.035% | $15K | $4.1M | 5x | as long as short |
| Orderly PERP_KAITO_USDC_mythos | +0.0100% | 4h | 0.3457 | −0.092% | $3K | $2K | 10x | as long as short |
| Paradex KAITO-USD-PERP | +0.0101% | 8h | 0.3459 | −0.041% | $4K | $604 | 10x | as long as short |
| Extended KAITO-USD | +0.0104% | 1h | 0.3458 | −0.046% | $62K | $41K | 10x | as long as short |
| Aevo KAITO-PERP | +0.0104% | 1h | 0.3456 | −0.121% | $240K | $1K | 3x | as long as short |
| edgeX KAITOUSDC | +0.0109% | 4h | 0.3463 | +0.079% | $17K | $322K | 5x | as long as short |
| BloFin KAITO-USDTlong | +0.0159% | 4h | 0.3460 | long leg | $535K | $59K | 75x | |
| 01 Exchange KAITOUSD | +0.0248% | 1h | 0.3458 | −0.052% | $6K | $2K | 3x | as long as short |
| Hyperliquid KAITO | +0.0740% | 1h | 0.3464 | +0.121% | $2.0M | $739K | 5x | as long as short |
| Lighter KAITO | +0.1168% | 1h | 0.3471 | +0.327% | $83K | $82K | 5x | as long as short |
BloFin KAITO-USDT
Binance KAITOUSDT
Kraken Futures PF_KAITOUSD
Injective KAITO/USDC PERP
Aster KAITOUSDT
Pacifica KAITO
Bybit KAITOUSDT
OKX KAITO-USDT-SWAP
Gate KAITO_USDT
MEXC KAITO_USDT
KuCoin KAITOUSDTM
Bitget KAITOUSDT
BingX KAITO-USDC
Backpack KAITO_USDC_PERP
Variational Omni KAITO
GRVT KAITO_USDT_Perp
ApeX Omni KAITOUSDT
Polymarket Perps KAITO-USD
Paradex KAITO-USD-PERP
Extended KAITO-USD
edgeX KAITOUSDC
01 Exchange KAITOUSD
Hyperliquid KAITO
Lighter KAITO