Funding you earn now, next payment 08:00 UTC−0.0047%/8h= −5.2% APRnext payment −$0.24 per $10,000 · paid last 24h +0.009%
Price spread now: KuCoin against BloFin0.000%80s7-day average +0.079% · you sell dearer than you buy
Net, funding: paid 7d − costs−$505as 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−$4964.955% of the position
Funding, last 7 days−0.093%−$9 on $10k
+Price spread, last 4 days (all we have)+0.056%+$6 · spread now 0.000%, 7d avg +0.079%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and KuCoin is 0.079% cheaper against BloFin than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.079%). Swap the legs. The two prices were read 80 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 | 0.03257 | 0.0147 | pay 0.0074% / 4h | 3h 39m | $156K | $21K | 75x |
| Short | KuCoin KAIAUSDTM | 0.03257 | 0.0100 | get 0.0050% / 4h | 3h 39m | $330K | $70K | 30x |
BloFin KAIA-USDT
KuCoin KAIAUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$9.88
- Price spread: 0.000% → +0.079%
- −$7.93
- Slippage, 4 orders
- −$471.53
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$513.35
- Costs to cover
- 4.955%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 50 min ago; KuCoin: live order book, 32 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, 50 min ago | 7.73 bp | 27.5 bp −$27 | 72.9 bp −$729 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 32 min ago | 10.83 bp | 209.4 bp −$209 | doesn't fit | 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 | 0.03254 | −0.092% | $2.4M | $4.1M | 75x | as long as short |
| Bybit KAIAUSDT | +0.0100% | 4h | 0.03250 | −0.215% | $1.9M | $1.4M | 50x | as long as short |
| Gate KAIA_USDT | +0.0100% | 4h | 0.03253 | −0.123% | $82K | $74K | 50x | as long as short |
| MEXC KAIA_USDT | +0.0100% | 4h | 0.03254 | −0.092% | $524K | $146K | 100x | as long as short |
| KuCoin KAIAUSDTMshort | +0.0100% | 4h | 0.03257 | 0.000% | $330K | $70K | 30x | |
| Bitget KAIAUSDT | +0.0100% | 4h | 0.03254 | −0.092% | $469K | $404K | 75x | as long as short |
| BingX KAIA-USDT | +0.0100% | 4h | 0.03252 | −0.154% | — | $6.5M | — | as long as short |
| Variational Omni KAIA | +0.0100% | 4h | 0.03249 | −0.232% | $3K | $202 | — | as long as short |
| GRVT KAIA_USDT_Perp | +0.0100% | 4h | 0.03262 | +0.145% | $397K | $505K | 10x | as long as short |
| Extended KAIA-USD | +0.0104% | 1h | 0.03253 | −0.111% | $5K | $98K | 5x | as long as short |
Binance KAIAUSDT
Bybit KAIAUSDT
Gate KAIA_USDT
MEXC KAIA_USDT
Bitget KAIAUSDT
BingX KAIA-USDT
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-USDTlong | +0.0147% | 4h | 0.03257 | long leg | $156K | $21K | 75x | |
| Kraken Futures PF_KAIAUSD | +0.1614% | 1h | 0.03261 | +0.117% | $46K | $39K | 10x | as long as short |
Kraken Futures PF_KAIAUSD