Funding you earn now, next payment 00:00 UTC+0.0045%/8h= +4.9% APRnext payment +$0.23 per $10,000 · paid last 24h +0.002%
Price spread now: BloFin against Bybit0.000%102s7-day average −0.041% · you sell dearer than you buy
Net, funding: paid 7d − costs−$79as 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−$730.734% of the position
Funding, last 7 days−0.058%−$6 on $10k
+Price spread, last 3 days (all we have)+0.001%$0 · spread now 0.000%, 7d avg −0.041%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.041% dearer against Bybit than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.041%. Mind the row above: over the last 7 days funding on this pair cost −0.058%, so the current rate has only just turned in your favour. The two prices were read 102 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 | Bybit KAITOUSDT | 0.3461 | 0.0100 | pay 0.0050% / 4h | 1h 29m | $4.3M | $6.7M | 75x |
| Short | BloFin KAITO-USDT | 0.3461 | 0.0145 | get 0.0073% / 4h | 1h 29m | $535K | $59K | 75x |
Bybit KAITOUSDT
BloFin KAITO-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Bybit. 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
- $9.46
- Price spread: 0.000% → −0.041%
- $4.06
- Slippage, 4 orders
- −$50.41
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$59.9
- Costs to cover
- 0.734%
- Break-even
- 51.3 days
Slippage from Bybit: live order book, 3 min ago; BloFin: live order book, 51 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 Bybit live order book, 3 min ago | 1.45 bp | 23.4 bp −$23 | 78.0 bp −$780 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 51 min ago | 2.89 bp | 11.9 bp −$12 | 27.1 bp −$271 | 178.9 bp −$17.9K | 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 | 0.3458 | −0.088% | $237K | $159K | 10x | as long as short |
| Injective KAITO/USDC PERP | −0.0055% | 1h | 0.3446 | −0.433% | $7K | $52K | 12x | as long as short |
| Reya KAITORUSDPERP | 0.0000% | 1h | 0.3370 | −2.624% | — | — | — | as long as short |
| Aster KAITOUSDT | +0.0100% | 4h | 0.3458 | −0.093% | $116K | $34K | 10x | as long as short |
| Pacifica KAITO | +0.0100% | 1h | 0.3460 | −0.025% | $18K | $12K | 5x | as long as short |
| Binance KAITOUSDT | +0.0100% | 4h | 0.3458 | −0.087% | $10.4M | $15.6M | 75x | as long as short |
| Bybit KAITOUSDTlong | +0.0100% | 4h | 0.3461 | long leg | $4.3M | $6.7M | 75x | |
| OKX KAITO-USDT-SWAP | +0.0100% | 4h | 0.3455 | −0.173% | $4.1M | $9.9M | 50x | as long as short |
| Gate KAITO_USDT | +0.0100% | 4h | 0.3459 | −0.058% | $675K | $1.7M | 75x | as long as short |
| MEXC KAITO_USDT | +0.0100% | 4h | 0.3457 | −0.116% | $3.3M | $1.0M | 50x | as long as short |
Kraken Futures PF_KAITOUSD
Injective KAITO/USDC PERP
Reya KAITORUSDPERP
Aster KAITOUSDT
Pacifica KAITO
Binance 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 | 0.3460 | −0.029% | $1.4M | $167K | 30x | as long as short |
| Bitget KAITOUSDT | +0.0100% | 4h | 0.3460 | −0.029% | $4.2M | $2.9M | 75x | as long as short |
| BingX KAITO-USDC | +0.0100% | 4h | 0.3457 | −0.116% | — | $6.5M | — | as long as short |
| Backpack KAITO_USDC_PERP | +0.0100% | 1h | 0.3455 | −0.182% | $18K | $168K | 10x | as long as short |
| Variational Omni KAITO | +0.0100% | 4h | 0.3462 | +0.031% | $43K | $234K | — | as long as short |
| GRVT KAITO_USDT_Perp | +0.0100% | 4h | 0.3459 | −0.062% | $241K | $3.1M | 10x | as long as short |
| ApeX Omni KAITOUSDT | +0.0100% | 1h | 0.3462 | +0.029% | $30K | $256K | 50x | as long as short |
| Polymarket Perps KAITO-USD | +0.0100% | 1h | 0.3462 | +0.020% | $15K | $4.1M | 5x | as long as short |
| Orderly PERP_KAITO_USDC_mythos | +0.0100% | 4h | 0.3455 | −0.170% | $3K | $2K | 10x | as long as short |
| Paradex KAITO-USD-PERP | +0.0101% | 8h | 0.3459 | −0.067% | $4K | $604 | 10x | as long as short |
| Extended KAITO-USD | +0.0104% | 1h | 0.3462 | +0.025% | $62K | $41K | 10x | as long as short |
| Aevo KAITO-PERP | +0.0104% | 1h | 0.3454 | −0.200% | $240K | $1K | 3x | as long as short |
| edgeX KAITOUSDC | +0.0106% | 4h | 0.3461 | −0.004% | $17K | $322K | 5x | as long as short |
| BloFin KAITO-USDTshort | +0.0145% | 4h | 0.3461 | 0.000% | $535K | $59K | 75x | |
| 01 Exchange KAITOUSD | +0.0264% | 1h | 0.3461 | +0.006% | $6K | $2K | 3x | as long as short |
| Hyperliquid KAITO | +0.0751% | 1h | 0.3464 | +0.092% | $2.0M | $739K | 5x | as long as short |
| Lighter KAITO | +0.1184% | 1h | 0.3472 | +0.318% | $83K | $82K | 5x | as long as short |
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
Orderly PERP_KAITO_USDC_mythos
Paradex KAITO-USD-PERP
Extended KAITO-USD
Aevo KAITO-PERP
edgeX KAITOUSDC
01 Exchange KAITOUSD
Hyperliquid KAITO
Lighter KAITO