Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against Bybit+0.062%7-day average +0.031% · you sell dearer than you buy
Net, funding: paid 7d − costs−$102as in the Funding arb table
Net, price: spread back to 7d avg − costs−$110as in the Price arb table
costs, in and out, $10k−$1131.127% of the position
Funding, last 7 days+0.112%+$11 on $10k
+Price spread, last 7 days−0.027%−$3 · spread now +0.062%, 7d avg +0.031%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.030% dearer against Bybit than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.031%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit KAIAUSDT | 0.03249 | 0.0100 | pay 0.0050% / 4h | 1h 48m | $2.0M | $1.5M | 50x |
| Short | BingX KAIA-USDT | 0.03251 | 0.0100 | get 0.0050% / 4h | 1h 48m | — | $6.5M | — |
Bybit KAIAUSDT
BingX KAIA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Bybit. 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
- $0
- Price spread: +0.062% → +0.031%
- $3.05
- Slippage, 4 orders
- −$91.72
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$109.67
- Costs to cover
- 1.127%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 3 min ago; BingX: live order book, 2 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 Bybit live order book, 3 min ago | 6.15 bp | 31.6 bp −$32 | 117.1 bp −$1,171 | doesn't fit | doesn't fit |
| Sell BingX live order book, 2 min ago | 10.76 bp | 26.1 bp −$26 | 81.7 bp −$817 | 502.9 bp −$50.3K | 964.6 bp −$482.3K |
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 | −0.0930% | 1h | 0.03260 | +0.335% | $46K | $14K | 10x | as long as short |
| BloFin KAIA-USDT | +0.0090% | 4h | 0.03256 | +0.215% | $155K | $7K | 75x | as long as short |
| Binance KAIAUSDT | +0.0100% | 4h | 0.03251 | +0.062% | $2.3M | $3.5M | 75x | as long as short |
| Bybit KAIAUSDTlong | +0.0100% | 4h | 0.03249 | long leg | $2.0M | $1.5M | 50x | |
| Gate KAIA_USDT | +0.0100% | 4h | 0.03249 | 0.000% | $79K | $56K | 50x | as long as short |
| MEXC KAIA_USDT | +0.0100% | 4h | 0.03250 | +0.031% | $409K | $124K | 100x | as long as short |
| KuCoin KAIAUSDTM | +0.0100% | 4h | 0.03255 | +0.185% | $335K | $74K | 30x | as long as short |
| Bitget KAIAUSDT | +0.0100% | 4h | 0.03249 | 0.000% | $473K | $336K | 75x | as long as short |
| BingX KAIA-USDTshort | +0.0100% | 4h | 0.03251 | +0.062% | — | $6.5M | — | |
| Variational Omni KAIA | +0.0100% | 4h | 0.03249 | +0.007% | $3K | $202 | — | as long as short |
Kraken Futures PF_KAIAUSD
BloFin KAIA-USDT
Binance KAIAUSDT
Gate KAIA_USDT
MEXC KAIA_USDT
KuCoin KAIAUSDTM
Bitget KAIAUSDT
Variational Omni KAIAShow 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 | +0.222% | $395K | $500K | 10x | as long as short |
| Extended KAIA-USD | +0.0104% | 1h | 0.03251 | +0.048% | $972 | $100K | 5x | as long as short |
GRVT KAIA_USDT_Perp
Extended KAIA-USD