Funding you earn now, next payment 00:00 UTC−0.0035%/8h= −3.8% APRnext payment −$0.17 per $10,000 · paid last 24h −0.002%
Price spread now: Bybit against BloFin+0.201%7-day average +0.040% · you sell dearer than you buy
Net, funding: paid 7d − costs−$66as in the Funding arb table
Net, price: spread back to 7d avg − costs−$56as in the Price arb table
costs, in and out, $10k−$720.721% of the position
Funding, last 7 days+0.058%+$6 on $10k
+Price spread, last 3 days (all we have)−0.186%−$19 · spread now +0.201%, 7d avg +0.040%
=The price spread pays, funding is against you. Bybit is 0.160% dearer against BloFin than usual: you sell high and buy low (spread +0.201% now, against its 7-day average of +0.040%): +$16 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 15 days. Mind the row above: over the last 7 days funding on this pair paid +0.058%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin KAITO-USDT | 0.3487 | 0.0135 | pay 0.0067% / 4h | 0m 58s | $546K | $62K | 75x |
| Short | Bybit KAITOUSDT | 0.3494 | 0.0100 | get 0.0050% / 4h | 0m 58s | $4.5M | $6.8M | 75x |
BloFin KAITO-USDT
Bybit KAITOUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$7.3
- Price spread: +0.201% → +0.040%
- $16.04
- Slippage, 4 orders
- −$49.12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$63.38
- Costs to cover
- 0.721%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 10 min ago; Bybit: live order book, 7 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, 10 min ago | 1.44 bp | 16.1 bp −$16 | 30.6 bp −$306 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 7 min ago | 1.44 bp | 24.4 bp −$24 | 70.2 bp −$702 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective KAITO/USDC PERP | −0.0010% | 1h | 0.3476 | −0.315% | $7K | $52K | 12x | as long as short |
| Reya KAITORUSDPERP | 0.0000% | 1h | 0.3370 | −3.350% | — | — | — | as long as short |
| Aster KAITOUSDT | +0.0100% | 4h | 0.3490 | +0.084% | $116K | $34K | 10x | as long as short |
| Pacifica KAITO | +0.0100% | 1h | 0.3489 | +0.057% | $18K | $12K | 5x | as long as short |
| Binance KAITOUSDT | +0.0100% | 4h | 0.3491 | +0.114% | $10.6M | $15.8M | 75x | as long as short |
| Bybit KAITOUSDTshort | +0.0100% | 4h | 0.3494 | +0.201% | $4.5M | $6.8M | 75x | |
| OKX KAITO-USDT-SWAP | +0.0100% | 4h | 0.3488 | +0.029% | $4.2M | $10.0M | 50x | as long as short |
| Gate KAITO_USDT | +0.0100% | 4h | 0.3493 | +0.172% | $686K | $1.7M | 75x | as long as short |
| MEXC KAITO_USDT | +0.0100% | 4h | 0.3491 | +0.115% | $3.4M | $1.0M | 50x | as long as short |
| KuCoin KAITOUSDTM | +0.0100% | 4h | 0.3490 | +0.086% | $1.4M | $166K | 30x | as long as short |
Injective KAITO/USDC PERP
Reya KAITORUSDPERP
Aster KAITOUSDT
Pacifica KAITO
Binance KAITOUSDT
OKX KAITO-USDT-SWAP
Gate KAITO_USDT
MEXC KAITO_USDT
KuCoin KAITOUSDTMShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget KAITOUSDT | +0.0100% | 4h | 0.3495 | +0.229% | $4.3M | $3.0M | 75x | as long as short |
| BingX KAITO-USDC | +0.0100% | 4h | 0.3492 | +0.143% | — | $6.5M | — | as long as short |
| Backpack KAITO_USDC_PERP | +0.0100% | 1h | 0.3490 | +0.080% | $19K | $164K | 10x | as long as short |
| Variational Omni KAITO | +0.0100% | 4h | 0.3490 | +0.087% | $44K | $230K | — | as long as short |
| GRVT KAITO_USDT_Perp | +0.0100% | 4h | 0.3473 | −0.401% | $234K | $2.9M | 10x | as long as short |
| ApeX Omni KAITOUSDT | +0.0100% | 1h | 0.3485 | −0.057% | $30K | $257K | 50x | as long as short |
| Polymarket Perps KAITO-USD | +0.0100% | 1h | 0.3490 | +0.092% | $10K | $4.2M | 5x | as long as short |
| Orderly PERP_KAITO_USDC_mythos | +0.0100% | 4h | 0.3487 | −0.006% | $3K | $2K | 10x | as long as short |
| Paradex KAITO-USD-PERP | +0.0102% | 8h | 0.3488 | +0.040% | $4K | $604 | 10x | as long as short |
| Extended KAITO-USD | +0.0104% | 1h | 0.3491 | +0.117% | $62K | $41K | 10x | as long as short |
| Aevo KAITO-PERP | +0.0104% | 1h | 0.3488 | +0.035% | $242K | $1K | 3x | as long as short |
| edgeX KAITOUSDC | +0.0106% | 4h | 0.3485 | −0.069% | $17K | $323K | 5x | as long as short |
| BloFin KAITO-USDTlong | +0.0135% | 4h | 0.3487 | long leg | $546K | $62K | 75x | |
| Hyperliquid KAITO | +0.0990% | 1h | 0.3498 | +0.309% | $2.0M | $766K | 5x | as long as short |
| Kraken Futures PF_KAITOUSD | +0.1001% | 1h | 0.3493 | +0.160% | $241K | $157K | 10x | as long as short |
| Lighter KAITO | +0.1504% | 1h | 0.3499 | +0.333% | $84K | $83K | 5x | as long as short |
| 01 Exchange KAITOUSD | +0.8960% | 1h | 0.3577 | +2.572% | $6K | $2K | 3x | as long as short |
Bitget KAITOUSDT
BingX KAITO-USDC
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