Funding you earn now, next payment 04:00 UTC−0.0024%/8h= −2.7% APRnext payment −$0.12 per $10,000 · paid last 24h +0.001%
Price spread now: BloFin against MEXC0.000%169s7-day average +0.026% · you sell dearer than you buy
Net, funding: paid 7d − costs−$28as 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−$270.274% of the position
Funding, last 7 days−0.010%−$1 on $10k
+Price spread, last 3 days (all we have)+0.090%+$9 · spread now 0.000%, 7d avg +0.026%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.026% cheaper against MEXC than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.026%). Swap the legs. The two prices were read 169 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 | MEXC KAITO_USDT | 0.3463 | 0.0100 | pay 0.0050% / 4h | 2h 46m | $3.3M | $1.0M | 50x |
| Short | BloFin KAITO-USDT | 0.3463 | 0.0076 | get 0.0038% / 4h | 2h 46m | $555K | $61K | 75x |
MEXC KAITO_USDT
BloFin KAITO-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against MEXC. 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
- −$5.1
- Price spread: 0.000% → +0.026%
- −$2.6
- Slippage, 4 orders
- −$15.42
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$35.13
- Costs to cover
- 0.274%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 6 min ago; BloFin: live order book, 20 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 MEXC live order book, 6 min ago | 1.44 bp | 2.6 bp −$3 | 9.0 bp −$90 | 81.8 bp −$8,176 | 252.6 bp −$126.3K |
| Sell BloFin live order book, 20 min ago | 1.43 bp | 8.0 bp −$8 | 21.9 bp −$219 | 150.3 bp −$15.0K | 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 | −0.0491% | 1h | 0.3464 | +0.026% | $21K | $172K | 10x | as long as short |
| Injective KAITO/USDC PERP | −0.0064% | 1h | 0.3466 | +0.087% | $7K | $52K | 12x | as long as short |
| Reya KAITORUSDPERP | 0.0000% | 1h | 0.3370 | −2.676% | — | — | — | as long as short |
| BloFin KAITO-USDTshort | +0.0076% | 4h | 0.3463 | 0.000% | $555K | $61K | 75x | |
| Aster KAITOUSDT | +0.0100% | 4h | 0.3463 | −0.003% | $115K | $38K | 10x | as long as short |
| Pacifica KAITO | +0.0100% | 1h | 0.3466 | +0.078% | $18K | $12K | 5x | as long as short |
| Binance KAITOUSDT | +0.0100% | 4h | 0.3467 | +0.109% | $10.5M | $16.2M | 75x | as long as short |
| Bybit KAITOUSDT | +0.0100% | 4h | 0.3473 | +0.289% | $4.3M | $7.0M | 75x | as long as short |
| OKX KAITO-USDT-SWAP | +0.0100% | 4h | 0.3471 | +0.231% | $4.1M | $10.2M | 50x | as long as short |
| Gate KAITO_USDT | +0.0100% | 4h | 0.3465 | +0.058% | $678K | $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_USDTlong | +0.0100% | 4h | 0.3463 | long leg | $3.3M | $1.0M | 50x | |
| KuCoin KAITOUSDTM | +0.0100% | 4h | 0.3467 | +0.116% | $1.4M | $167K | 30x | as long as short |
| Bitget KAITOUSDT | +0.0100% | 4h | 0.3477 | +0.404% | $4.3M | $3.2M | 75x | as long as short |
| BingX KAITO-USDC | +0.0100% | 4h | 0.3464 | +0.029% | — | $6.5M | — | as long as short |
| Variational Omni KAITO | +0.0100% | 4h | 0.3465 | +0.071% | $43K | $230K | — | as long as short |
| GRVT KAITO_USDT_Perp | +0.0100% | 4h | 0.3464 | +0.032% | $237K | $2.8M | 10x | as long as short |
| ApeX Omni KAITOUSDT | +0.0100% | 1h | 0.3467 | +0.116% | $30K | $256K | 50x | as long as short |
| Orderly PERP_KAITO_USDC_mythos | +0.0100% | 4h | 0.3466 | +0.092% | $3K | $2K | 10x | as long as short |
| Extended KAITO-USD | +0.0104% | 1h | 0.3473 | +0.292% | $77K | $54K | 10x | as long as short |
| Aevo KAITO-PERP | +0.0104% | 1h | 0.3472 | +0.256% | $241K | — | 3x | as long as short |
| Paradex KAITO-USD-PERP | +0.0114% | 8h | 0.3464 | +0.026% | $4K | $604 | 10x | as long as short |
| edgeX KAITOUSDC | +0.0119% | 4h | 0.3465 | +0.064% | $17K | $324K | 5x | as long as short |
| Polymarket Perps KAITO-USD | +0.0128% | 1h | 0.3465 | +0.049% | $17K | $4.1M | 5x | as long as short |
| Kraken Futures PF_KAITOUSD | +0.0978% | 1h | 0.3474 | +0.314% | $242K | $159K | 10x | as long as short |
| Hyperliquid KAITO | +0.1059% | 1h | 0.3469 | +0.173% | $2.0M | $777K | 5x | as long as short |
| Lighter KAITO | +0.1200% | 1h | 0.3478 | +0.433% | $86K | $93K | 5x | as long as short |
| 01 Exchange KAITOUSD | +0.4896% | 1h | 0.3549 | +2.475% | $6K | $2K | 3x | as long as short |
KuCoin KAITOUSDTM
Bitget KAITOUSDT
BingX KAITO-USDC
Variational Omni KAITO
GRVT KAITO_USDT_Perp
ApeX Omni KAITOUSDT
Orderly PERP_KAITO_USDC_mythos
Extended KAITO-USD
Aevo KAITO-PERP
Paradex KAITO-USD-PERP
edgeX KAITOUSDC
Polymarket Perps KAITO-USD
Kraken Futures PF_KAITOUSD
Hyperliquid KAITO
Lighter KAITO
01 Exchange KAITOUSD