Funding you earn now, next payment 00:00 UTC+0.0029%/8h= +3.2% APRnext payment +$0.15 per $10,000 · paid last 24h −0.011%
Price spread now: BloFin against Bybit+0.092%92s7-day average +0.088% · you sell dearer than you buy
Net, funding: paid 7d − costs−$96as 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−$1041.042% of the position
Funding, last 7 days+0.087%+$9 on $10k
+Price spread, last 3 days (all we have)−0.041%−$4 · spread now +0.092%, 7d avg +0.088%
=The price spread sits at its 7-day average of +0.088%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate. The two prices were read 92 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 | Bybit KAIAUSDT | 0.03274 | 0.0100 | pay 0.0050% / 4h | 39m 49s | $2.0M | $1.5M | 50x |
| Short | BloFin KAIA-USDT | 0.03277 | 0.0129 | get 0.0065% / 4h | 39m 49s | $154K | $9K | 75x |
Bybit KAIAUSDT
BloFin KAIA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $6.14
- Price spread: +0.092% → +0.088%
- $0.33
- Slippage, 4 orders
- −$81.21
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$97.74
- Costs to cover
- 1.042%
- Break-even
- 118.5 days
Slippage from Bybit: live order book, 2 min ago; BloFin: live order book, 22 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, 2 min ago | 4.58 bp | 31.1 bp −$31 | 115.4 bp −$1,154 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 22 min ago | 9.17 bp | 23.1 bp −$23 | 72.6 bp −$726 | 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 | 0.03275 | +0.031% | $2.3M | $3.5M | 75x | as long as short |
| Bybit KAIAUSDTlong | +0.0100% | 4h | 0.03274 | long leg | $2.0M | $1.5M | 50x | |
| Gate KAIA_USDT | +0.0100% | 4h | 0.03276 | +0.061% | $81K | $57K | 50x | as long as short |
| MEXC KAIA_USDT | +0.0100% | 4h | 0.03275 | +0.031% | $414K | $125K | 100x | as long as short |
| KuCoin KAIAUSDTM | +0.0100% | 4h | 0.03282 | +0.244% | $338K | $72K | 30x | as long as short |
| Bitget KAIAUSDT | +0.0100% | 4h | 0.03276 | +0.061% | $482K | $344K | 75x | as long as short |
| BingX KAIA-USDT | +0.0100% | 4h | 0.03276 | +0.061% | — | $6.5M | — | as long as short |
| Variational Omni KAIA | +0.0100% | 4h | 0.03275 | +0.033% | $3K | $202 | — | as long as short |
| GRVT KAIA_USDT_Perp | +0.0100% | 4h | 0.03280 | +0.171% | $395K | $498K | 10x | as long as short |
| Extended KAIA-USD | +0.0104% | 1h | 0.03274 | +0.012% | $977 | $100K | 5x | as long as short |
Binance KAIAUSDT
Gate KAIA_USDT
MEXC KAIA_USDT
KuCoin KAIAUSDTM
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-USDTshort | +0.0129% | 4h | 0.03277 | +0.092% | $154K | $9K | 75x | |
| Kraken Futures PF_KAIAUSD | +0.0283% | 1h | 0.03283 | +0.279% | $46K | $14K | 10x | as long as short |
Kraken Futures PF_KAIAUSD