Funding you earn now, next payment 08:00 UTC−0.0046%/8h= −5.0% APRnext payment −$0.23 per $10,000 · paid last 24h +0.009%
Price spread now: Bitget against BloFin+0.063%95s7-day average +0.039% · you sell dearer than you buy
Net, funding: paid 7d − costs−$93as 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−$920.921% of the position
Funding, last 7 days−0.012%−$1 on $10k
+Price spread, last 4 days (all we have)+0.021%+$2 · spread now +0.063%, 7d avg +0.039%
=The price spread pays, funding is against you. Bitget is 0.024% dearer against BloFin than usual: you sell high and buy low (spread +0.063% now, against its 7-day average of +0.039%): +$2 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 42 hours. At the pace of the last 7 days (−0.012% in total) that is about 14 days. The two prices were read 95 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 | BloFin KAIA-USDT | 0.03190 | 0.0146 | pay 0.0073% / 4h | 13m 34s | $156K | $20K | 75x |
| Short | Bitget KAIAUSDT | 0.03192 | 0.0100 | get 0.0050% / 4h | 13m 34s | $433K | $384K | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$9.56
- Price spread: +0.063% → +0.039%
- $2.38
- Slippage, 4 orders
- −$68.08
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$99.26
- Costs to cover
- 0.921%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 56 min ago; Bitget: live order book, 17 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, 56 min ago | 1.56 bp | 15.0 bp −$15 | 66.4 bp −$664 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 17 min ago | 6.27 bp | 26.7 bp −$27 | 98.4 bp −$984 | 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 | 0.03194 | +0.125% | $2.4M | $4.1M | 75x | as long as short |
| Bybit KAIAUSDT | +0.0100% | 4h | 0.03188 | −0.063% | $2.0M | $1.3M | 50x | as long as short |
| Gate KAIA_USDT | +0.0100% | 4h | 0.03189 | −0.031% | $78K | $72K | 50x | as long as short |
| MEXC KAIA_USDT | +0.0100% | 4h | 0.03192 | +0.063% | $540K | $150K | 100x | as long as short |
| KuCoin KAIAUSDTM | +0.0100% | 4h | 0.03188 | −0.063% | $309K | $68K | 30x | as long as short |
| Bitget KAIAUSDTshort | +0.0100% | 4h | 0.03192 | +0.063% | $433K | $384K | 75x | |
| BingX KAIA-USDT | +0.0100% | 4h | 0.03191 | +0.031% | — | $6.5M | — | as long as short |
| Variational Omni KAIA | +0.0100% | 4h | 0.03185 | −0.157% | $3K | $202 | — | as long as short |
| GRVT KAIA_USDT_Perp | +0.0100% | 4h | 0.03190 | +0.008% | $388K | $495K | 10x | as long as short |
| Extended KAIA-USD | +0.0104% | 1h | 0.03191 | +0.035% | $951 | $100K | 5x | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin KAIA-USDTlong | +0.0146% | 4h | 0.03190 | long leg | $156K | $20K | 75x | |
| Kraken Futures PF_KAIAUSD | +0.2022% | 1h | 0.03201 | +0.344% | $45K | $40K | 10x | as long as short |
BloFin KAIA-USDT
Bitget KAIAUSDT
Binance KAIAUSDT
Bybit KAIAUSDT
Gate KAIA_USDT
MEXC KAIA_USDT
KuCoin KAIAUSDTM
BingX KAIA-USDT
Variational Omni KAIA
GRVT KAIA_USDT_Perp
Extended KAIA-USD
Kraken Futures PF_KAIAUSD