Funding you earn now, next payment 04:00 UTC−0.0040%/8h= −4.4% APRnext payment −$0.20 per $10,000 · paid last 24h +0.001%
Price spread now: BloFin against Binance+0.030%7-day average +0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$65as in the Funding arb table
Net, price: spread back to 7d avg − costs−$61as in the Price arb table
costs, in and out, $10k−$630.633% of the position
Funding, last 7 days−0.012%−$1 on $10k
+Price spread, last 4 days (all we have)+0.109%+$11 · spread now +0.030%, 7d avg +0.007%
=The price spread pays, funding is against you. BloFin is 0.023% dearer against Binance than usual: you sell high and buy low (spread +0.030% now, against its 7-day average of +0.007%): +$2 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 46 hours. At the pace of the last 7 days (−0.012% in total) that is about 14 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance KAITOUSDT | 0.3506 | 0.0100 | pay 0.0050% / 4h | 13m 17s | $10.7M | $16.9M | 75x |
| Short | BloFin KAITO-USDT | 0.3507 | 0.0060 | get 0.0030% / 4h | 13m 17s | $555K | $67K | 75x |
Binance KAITOUSDT
BloFin KAITO-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Binance. 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
- −$8.38
- Price spread: +0.030% → +0.007%
- $2.29
- Slippage, 4 orders
- −$41.33
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$69.41
- Costs to cover
- 0.633%
- Break-even
- never at this rate
Slippage from Binance: live order book, 12 min ago; BloFin: live order book, 23 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 Binance live order book, 12 min ago | 1.43 bp | 12.8 bp −$13 | 37.3 bp −$373 | 527.5 bp −$52.8K | doesn't fit |
| Sell BloFin live order book, 23 min ago | 2.89 bp | 23.2 bp −$23 | 39.3 bp −$393 | 186.5 bp −$18.7K | doesn't fit |
KAITO on 27 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 | |
|---|---|---|---|---|---|---|---|---|
| Backpack KAITO_USDC_PERP | −0.0494% | 1h | 0.3498 | −0.221% | $19K | $176K | 10x | as long as short |
| Injective KAITO/USDC PERP | −0.0154% | 1h | 0.3501 | −0.141% | $7K | $52K | 12x | as long as short |
| Reya KAITORUSDPERP | 0.0000% | 1h | 0.3370 | −3.866% | — | — | — | as long as short |
| BloFin KAITO-USDTshort | +0.0060% | 4h | 0.3507 | +0.030% | $555K | $67K | 75x | |
| Aster KAITOUSDT | +0.0100% | 4h | 0.3503 | −0.090% | $118K | $51K | 10x | as long as short |
| Pacifica KAITO | +0.0100% | 1h | 0.3504 | −0.053% | $18K | $14K | 5x | as long as short |
| Binance KAITOUSDTlong | +0.0100% | 4h | 0.3506 | long leg | $10.7M | $16.9M | 75x | |
| Bybit KAITOUSDT | +0.0100% | 4h | 0.3508 | +0.059% | $4.3M | $7.7M | 75x | as long as short |
| OKX KAITO-USDT-SWAP | +0.0100% | 4h | 0.3504 | −0.055% | $4.3M | $10.8M | 50x | as long as short |
| Gate KAITO_USDT | +0.0100% | 4h | 0.3503 | −0.084% | $666K | $1.7M | 75x | as long as short |
Backpack KAITO_USDC_PERP
Injective KAITO/USDC PERP
Reya KAITORUSDPERP
Aster KAITOUSDT
Pacifica KAITO
Bybit KAITOUSDT
OKX KAITO-USDT-SWAP
Gate KAITO_USDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC KAITO_USDT | +0.0100% | 4h | 0.3505 | −0.027% | $3.4M | $1.1M | 50x | as long as short |
| KuCoin KAITOUSDTM | +0.0100% | 4h | 0.3502 | −0.112% | $1.4M | $170K | 30x | as long as short |
| Bitget KAITOUSDT | +0.0100% | 4h | 0.3505 | −0.027% | $4.4M | $3.4M | 75x | as long as short |
| BingX KAITO-USDT | +0.0100% | 4h | 0.3504 | −0.055% | — | $6.7M | — | as long as short |
| Variational Omni KAITO | +0.0100% | 4h | 0.3496 | −0.272% | $44K | $228K | — | as long as short |
| GRVT KAITO_USDT_Perp | +0.0100% | 4h | 0.3496 | −0.274% | $244K | $2.6M | 10x | as long as short |
| ApeX Omni KAITOUSDT | +0.0100% | 1h | 0.3494 | −0.340% | $28K | $258K | 50x | as long as short |
| Polymarket Perps KAITO-USD | +0.0100% | 1h | 0.3507 | +0.022% | $17K | $4.5M | 5x | as long as short |
| Orderly PERP_KAITO_USDC_mythos | +0.0100% | 4h | 0.3503 | −0.069% | $3K | $2K | 10x | as long as short |
| Extended KAITO-USD | +0.0104% | 1h | 0.3506 | +0.003% | $78K | $62K | 10x | as long as short |
| Aevo KAITO-PERP | +0.0104% | 1h | 0.3505 | −0.027% | $243K | — | 3x | as long as short |
| edgeX KAITOUSDC | +0.0116% | 4h | 0.3495 | −0.320% | $17K | $326K | 5x | as long as short |
| Paradex KAITO-USD-PERP | +0.0117% | 8h | 0.3507 | +0.034% | $4K | $604 | 10x | as long as short |
| Kraken Futures PF_KAITOUSD | +0.0399% | 1h | 0.3505 | −0.022% | $246K | $157K | 10x | as long as short |
| 01 Exchange KAITOUSD | +0.0552% | 1h | 0.3506 | +0.013% | $6K | $2K | 3x | as long as short |
| Hyperliquid KAITO | +0.0774% | 1h | 0.3510 | +0.125% | $2.1M | $820K | 5x | as long as short |
| Lighter KAITO | +0.0936% | 1h | 0.3514 | +0.244% | $87K | $92K | 5x | as long as short |
MEXC KAITO_USDT
KuCoin KAITOUSDTM
Bitget KAITOUSDT
BingX KAITO-USDT
Variational Omni KAITO
GRVT KAITO_USDT_Perp
ApeX Omni KAITOUSDT
Polymarket Perps KAITO-USD
Orderly PERP_KAITO_USDC_mythos
Extended KAITO-USD
Aevo KAITO-PERP
edgeX KAITOUSDC
Paradex KAITO-USD-PERP
Kraken Futures PF_KAITOUSD
01 Exchange KAITOUSD
Hyperliquid KAITO
Lighter KAITO