Funding you earn now, next payment 08:00 UTC+0.0035%/8h= +3.8% APRnext payment +$0.17 per $10,000 · paid last 24h −0.009%
Price spread now: BloFin against BingX−0.218%81s7-day average +0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$107as 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−$1061.065% of the position
Funding, last 7 days−0.005%−$1 on $10k
+Price spread, last 4 days (all we have)+0.160%+$16 · spread now −0.218%, 7d avg +0.007%
=Funding pays, the price is against you. BloFin is 0.224% cheaper against BingX than usual: you would sell low and buy high (spread −0.218% now, against its 7-day average of +0.007%). If the spread goes back, that is −$22 on $10k: about 21 days of funding at the current rate (+$1 a day). The two prices were read 81 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 | BingX KAIA-USDT | 0.03212 | 0.0100 | pay 0.0050% / 4h | 2h 01m | — | $6.5M | — |
| Short | BloFin KAIA-USDT | 0.03205 | 0.0135 | get 0.0067% / 4h | 2h 01m | $153K | $21K | 75x |
BingX KAIA-USDT
BloFin KAIA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against BingX. 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
- $7.35
- Price spread: −0.218% → +0.007%
- −$22.45
- Slippage, 4 orders
- −$84.47
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$121.57
- Costs to cover
- 1.065%
- Break-even
- 122.8 days
Slippage from BingX: live order book, 4 min ago; BloFin: live order book, 13 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 BingX live order book, 4 min ago | 12.48 bp | 30.8 bp −$31 | 93.6 bp −$936 | 549.3 bp −$54.9K | 949.3 bp −$474.7K |
| Sell BloFin live order book, 13 min ago | 6.24 bp | 25.5 bp −$25 | 64.3 bp −$643 | doesn't fit | doesn't fit |
KAIA on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance KAIAUSDT | +0.0100% | 4h | 0.03214 | +0.058% | $2.4M | $4.3M | 75x | as long as short |
| Bybit KAIAUSDT | +0.0100% | 4h | 0.03207 | −0.156% | $2.0M | $1.4M | 50x | as long as short |
| Gate KAIA_USDT | +0.0100% | 4h | 0.03208 | −0.125% | $80K | $76K | 50x | as long as short |
| MEXC KAIA_USDT | +0.0100% | 4h | 0.03213 | +0.031% | $541K | $151K | 100x | as long as short |
| KuCoin KAIAUSDTM | +0.0100% | 4h | 0.03206 | −0.187% | $311K | $71K | 30x | as long as short |
| Bitget KAIAUSDT | +0.0100% | 4h | 0.03214 | +0.062% | $437K | $416K | 75x | as long as short |
| BingX KAIA-USDTlong | +0.0100% | 4h | 0.03212 | long leg | — | $6.5M | — | |
| Variational Omni KAIA | +0.0100% | 4h | 0.03205 | −0.220% | $3K | $202 | — | as long as short |
| GRVT KAIA_USDT_Perp | +0.0100% | 4h | 0.03207 | −0.156% | $386K | $498K | 10x | as long as short |
| Extended KAIA-USD | +0.0104% | 1h | 0.03214 | +0.065% | $2K | $103K | 5x | as long as short |
Binance KAIAUSDT
Bybit KAIAUSDT
Gate KAIA_USDT
MEXC KAIA_USDT
KuCoin KAIAUSDTM
Bitget KAIAUSDT
Variational Omni KAIA
GRVT KAIA_USDT_Perp
Extended KAIA-USDShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin KAIA-USDTshort | +0.0135% | 4h | 0.03205 | −0.218% | $153K | $21K | 75x | |
| Kraken Futures PF_KAIAUSD | +0.1529% | 1h | 0.03222 | +0.305% | $45K | $40K | 10x | as long as short |
Kraken Futures PF_KAIAUSD