Settings8H · net · $10k
Funding arb · Price arb /

KAIA

all KAIA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0004%/8h= −0.5% APRnext payment $0.02 per $10,000 · paid last 24h +0.013%
Price spread now: BingX against BloFin−0.183%7-day average −0.026% · you buy dearer than you sell
Net, funding: paid 7d − costs−$113as in the Funding arb table
Net, price: spread back to 7d avg − costs−$130as in the Price arb table
costs, in and out, $10k−$1141.139% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.005%+$1 on $10k
Price spread, last 3 days (all we have)+0.250%+$25 · spread now −0.183%, 7d avg −0.026%
Together, before fees+0.255%+$26 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.157% cheaper against BloFin than usual: you would sell low and buy high, −$16 on $10k if it goes back to its 7-day average of −0.026%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin KAIA-USDT0.032780.0104pay 0.0052% / 4h3h 01m$156K$16K75x
ShortBingX KAIA-USDT0.032720.0100get 0.0050% / 4h3h 01m$6.5M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against BloFin. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$0.9
Price spread: −0.183% → −0.026%
−$15.73
Slippage, 4 orders
−$91.86
Fee BloFin: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$130.48
Costs to cover
1.139%
Break-even
never at this rate
Slippage from BloFin: live order book, 55 min ago; BingX: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 55 min ago3.06 bp25.9 bp −$2672.6 bp −$726doesn't fitdoesn't fit
Sell BingX live order book, 5 min ago12.14 bp32.4 bp −$3287.9 bp −$879520.0 bp −$52.0Kdoesn't fit

KAIA on 12 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance KAIAUSDT+0.0100%4h0.03274−0.122%$2.4M$3.7M75xas long as short
Bybit KAIAUSDT+0.0100%4h0.03270−0.244%$2.0M$1.4M50xas long as short
Gate KAIA_USDT+0.0100%4h0.03275−0.092%$83K$60K50xas long as short
MEXC KAIA_USDT+0.0100%4h0.03276−0.061%$435K$129K100xas long as short
KuCoin KAIAUSDTM+0.0100%4h0.03285+0.214%$342K$69K30xas long as short
Bitget KAIAUSDT+0.0100%4h0.032780.000%$494K$361K75xas long as short
BingX KAIA-USDTshort+0.0100%4h0.03272−0.183%$6.5M
Variational Omni KAIA+0.0100%4h0.03272−0.170%$3K$202as long as short
GRVT KAIA_USDT_Perp+0.0100%4h0.03302+0.718%$394K$499K10xas long as short
Extended KAIA-USD+0.0104%1h0.03275−0.083%$2K$101K5xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin KAIA-USDTlong+0.0104%4h0.03278long leg$156K$16K75x
Kraken Futures PF_KAIAUSD+0.0256%1h0.03279+0.040%$46K$14K10xas long as short