Funding arb · Price arb /

KAIA

all KAIA markets

Swap Backtest

Alert: funding

Alert: spread

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: Binance against MEXC−0.050%7-day average 0.000% · you buy dearer than you sell

Net, funding: paid 7d − costs−$79as in the Funding arb table

Net, price: spread back to 7d avg − costs−$84as in the Price arb table

costs, in and out, $10k−$790.792% of the position

Long on MEXC Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 4 days (all we have)+0.052%+$5 · spread now −0.050%, 7d avg 0.000%

Together, before fees+0.052%+$5 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.050% cheaper against MEXC than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of 0.000%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC KAIA_USDT	0.03279	0.0100	pay 0.0050% / 4h	40m 53s	$415K	$125K	100x
Short	Binance KAIAUSDT	0.03277	0.0100	get 0.0050% / 4h	40m 53s	$2.3M	$3.5M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against MEXC. 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 MEXCbpFee BinancebpOrdersPrice spread, now −0.050%Rate

Funding earned: $0
Price spread: −0.050% → 0.000%: −$5.02
Slippage, 4 orders: −$65.15
Fee MEXC: 2 bp × 2 orders: −$4
Fee Binance: 5 bp × 2 orders: −$10
Net: −$84.17
Costs to cover: 0.792%
Break-even: never at this rate

Slippage from MEXC: live order book, 20 min ago; Binance: live order book, 10 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 MEXC live order book, 20 min ago	3.05 bp	12.0 bp −$12	80.4 bp −$804	243.6 bp −$24.4K	doesn't fit
Sell Binance live order book, 10 min ago	4.56 bp	25.9 bp −$26	94.0 bp −$940	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 KAIAUSDTshort	+0.0100%	4h	0.03277	−0.050%	$2.3M	$3.5M	75x
Bybit KAIAUSDT	+0.0100%	4h	0.03272	−0.213%	$2.0M	$1.5M	50x	as long as short
Gate KAIA_USDT	+0.0100%	4h	0.03275	−0.122%	$81K	$57K	50x	as long as short
MEXC KAIA_USDTlong	+0.0100%	4h	0.03279	long leg	$415K	$125K	100x
KuCoin KAIAUSDTM	+0.0100%	4h	0.03281	+0.061%	$338K	$72K	30x	as long as short
Bitget KAIAUSDT	+0.0100%	4h	0.03278	−0.030%	$482K	$344K	75x	as long as short
BingX KAIA-USDT	+0.0100%	4h	0.03277	−0.061%	—	$6.5M	—	as long as short
Variational Omni KAIA	+0.0100%	4h	0.03279	−0.012%	$3K	$202	—	as long as short
GRVT KAIA_USDT_Perp	+0.0100%	4h	0.03280	+0.018%	$395K	$498K	10x	as long as short
Extended KAIA-USD	+0.0104%	1h	0.03278	−0.019%	$977	$100K	5x	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin KAIA-USDT	+0.0129%	4h	0.03277	−0.061%	$154K	$9K	75x	as long as short
Kraken Futures PF_KAIAUSD	+0.0282%	1h	0.03289	+0.317%	$46K	$14K	10x	as long as short