Funding you earn now, next payment 05:00 UTC−0.1525%/8h= −166.9% APRpaid last 24h −0.174%
Price spread now: BingX against Kraken Futures−0.370%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$46 a day on $10k at the current rate, and BingX is 0.370% cheaper against Kraken Futures than usual: you would sell low and buy high (−$37 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_KAIAUSD | 0.03240 | 0.1625 | pay 0.0203% / 1h | 15m 36s | $46K | $39K | 10x |
| Short | BingX KAIA-USDT | 0.03228 | 0.0100 | get 0.0050% / 4h | 3h 15m | — | $6.5M | — |
Kraken Futures PF_KAIAUSD
BingX KAIA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Kraken Futures. 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
- −$320.15
- Price spread: −0.370% → 0.000%
- −$37.04
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$377.19
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; BingX: live order book, 5 min ago. Net counts fees only.
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 Kraken Futures no order-book sample | — | — | — | — | — |
| Sell BingX live order book, 5 min ago | 12.34 bp | 33.9 bp −$34 | 91.2 bp −$912 | 533.9 bp −$53.4K | 977.6 bp −$488.8K |
Kraken Futures: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 0.03230 | −0.309% | $2.4M | $4.1M | 75x | as long as short |
| Bybit KAIAUSDT | +0.0100% | 4h | 0.03228 | −0.370% | $1.9M | $1.4M | 50x | as long as short |
| Gate KAIA_USDT | +0.0100% | 4h | 0.03235 | −0.154% | $81K | $75K | 50x | as long as short |
| MEXC KAIA_USDT | +0.0100% | 4h | 0.03231 | −0.278% | $521K | $147K | 100x | as long as short |
| KuCoin KAIAUSDTM | +0.0100% | 4h | 0.03233 | −0.216% | $327K | $69K | 30x | as long as short |
| Bitget KAIAUSDT | +0.0100% | 4h | 0.03233 | −0.216% | $465K | $399K | 75x | as long as short |
| BingX KAIA-USDTshort | +0.0100% | 4h | 0.03228 | −0.370% | — | $6.5M | — | |
| Variational Omni KAIA | +0.0100% | 4h | 0.03228 | −0.372% | $3K | $202 | — | as long as short |
| GRVT KAIA_USDT_Perp | +0.0100% | 4h | 0.03238 | −0.056% | $395K | $505K | 10x | as long as short |
| Extended KAIA-USD | +0.0104% | 1h | 0.03230 | −0.309% | $964 | $102K | 5x | as long as short |
Binance KAIAUSDT
Bybit KAIAUSDT
Gate KAIA_USDT
MEXC KAIA_USDT
KuCoin KAIAUSDTM
Bitget KAIAUSDT
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-USDT | +0.0111% | 4h | 0.03237 | −0.093% | $155K | $21K | 75x | as long as short |
| Kraken Futures PF_KAIAUSDlong | +0.1625% | 1h | 0.03240 | long leg | $46K | $39K | 10x |
BloFin KAIA-USDT