KAIA

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0010%/8h= +1.1% APRnext payment +$0.05 per $10,000 · paid last 24h +0.011%

Price spread now: Bybit against BloFin−0.215%102s7-day average −0.088% · you buy dearer than you sell

Net, funding: paid 7d − costs−$109as 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−$1011.007% of the position

Long on BloFin Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.087%−$9 on $10k

Price spread, last 3 days (all we have)+0.170%+$17 · spread now −0.215%, 7d avg −0.088%

Together, before fees+0.083%+$8 on $10k · with fees, hour by hour

Funding pays, the price is against you. Bybit is 0.127% cheaper against BloFin than usual: you would sell low and buy high (spread −0.215% now, against its 7-day average of −0.088%). If the spread goes back, that is −$13 on $10k: about 40 days of funding at the current rate ($0 a day). Mind the row above: over the last 7 days funding on this pair cost −0.087%, 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	BloFin KAIA-USDT	0.03256	0.0090	pay 0.0045% / 4h	1h 47m	$155K	$7K	75x
Short	Bybit KAIAUSDT	0.03249	0.0100	get 0.0050% / 4h	1h 47m	$2.0M	$1.5M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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

Position, each leg$Hold fordaysFee BloFinbpFee BybitbpOrdersPrice spread, now −0.215%Rate

Funding earned: $2.2
Price spread: −0.215% → −0.088%: −$12.67
Slippage, 4 orders: −$77.68
Fee BloFin: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$111.16
Costs to cover: 1.007%
Break-even: 360.6 days

Slippage from BloFin: live order book, 26 min ago; Bybit: live order book, 4 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, 26 min ago	3.08 bp	26.1 bp −$26	67.5 bp −$675	doesn't fit	doesn't fit
Sell Bybit live order book, 4 min ago	6.15 bp	28.7 bp −$29	108.0 bp −$1,080	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
Kraken Futures PF_KAIAUSD	−0.0931%	1h	0.03255	−0.024%	$46K	$14K	10x	as long as short
BloFin KAIA-USDTlong	+0.0090%	4h	0.03256	long leg	$155K	$7K	75x
Binance KAIAUSDT	+0.0100%	4h	0.03253	−0.105%	$2.3M	$3.5M	75x	as long as short
Bybit KAIAUSDTshort	+0.0100%	4h	0.03249	−0.215%	$2.0M	$1.5M	50x
Gate KAIA_USDT	+0.0100%	4h	0.03249	−0.215%	$79K	$56K	50x	as long as short
MEXC KAIA_USDT	+0.0100%	4h	0.03252	−0.123%	$409K	$124K	100x	as long as short
KuCoin KAIAUSDTM	+0.0100%	4h	0.03253	−0.092%	$335K	$74K	30x	as long as short
Bitget KAIAUSDT	+0.0100%	4h	0.03253	−0.092%	$473K	$335K	75x	as long as short
BingX KAIA-USDT	+0.0100%	4h	0.03251	−0.154%	—	$6.5M	—	as long as short
Variational Omni KAIA	+0.0100%	4h	0.03249	−0.208%	$3K	$202	—	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT KAIA_USDT_Perp	+0.0100%	4h	0.03256	+0.006%	$395K	$500K	10x	as long as short
Extended KAIA-USD	+0.0104%	1h	0.03252	−0.115%	$972	$100K	5x	as long as short