Funding you earn now, next payment 08:00 UTC+0.0037%/8h= +4.1% APRnext payment +$0.19 per $10,000 · paid last 24h −0.009%
Price spread now: BloFin against BingX+0.187%111s7-day average +0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$106as 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−$1061.059% of the position
Funding, last 7 days−0.005%−$1 on $10k
+Price spread, last 4 days (all we have)−0.246%−$25 · spread now +0.187%, 7d avg +0.007%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.181% dearer against BingX than usual: you sell high and buy low: +$18 more if the spread goes back to its 7-day average of +0.007%. The two prices were read 111 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 | BingX KAIA-USDT | 0.03202 | 0.0100 | pay 0.0050% / 4h | 1h 49m | — | $6.5M | — |
| Short | BloFin KAIA-USDT | 0.03208 | 0.0137 | get 0.0069% / 4h | 1h 49m | $154K | $21K | 75x |
BingX KAIA-USDT
BloFin KAIA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against BingX. 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
- $7.87
- Price spread: +0.187% → +0.007%
- $18.09
- Slippage, 4 orders
- −$83.9
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$79.95
- Costs to cover
- 1.059%
- Break-even
- 78.1 days
Slippage from BingX: live order book, 2 min ago; BloFin: live order book, 25 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 BingX live order book, 2 min ago | 12.49 bp | 30.1 bp −$30 | 90.8 bp −$908 | 545.3 bp −$54.5K | 914.0 bp −$457.0K |
| Sell BloFin live order book, 25 min ago | 6.24 bp | 25.5 bp −$25 | 64.3 bp −$643 | 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 | 0.03204 | +0.062% | $2.4M | $4.3M | 75x | as long as short |
| Bybit KAIAUSDT | +0.0100% | 4h | 0.03200 | −0.062% | $2.0M | $1.4M | 50x | as long as short |
| Gate KAIA_USDT | +0.0100% | 4h | 0.03201 | −0.031% | $79K | $74K | 50x | as long as short |
| MEXC KAIA_USDT | +0.0100% | 4h | 0.03203 | +0.031% | $543K | $149K | 100x | as long as short |
| KuCoin KAIAUSDTM | +0.0100% | 4h | 0.03197 | −0.156% | $310K | $71K | 30x | as long as short |
| Bitget KAIAUSDT | +0.0100% | 4h | 0.03203 | +0.031% | $436K | $408K | 75x | as long as short |
| BingX KAIA-USDTlong | +0.0100% | 4h | 0.03202 | long leg | — | $6.5M | — | |
| Variational Omni KAIA | +0.0100% | 4h | 0.03198 | −0.110% | $3K | $202 | — | as long as short |
| GRVT KAIA_USDT_Perp | +0.0100% | 4h | 0.03209 | +0.213% | $383K | $507K | 10x | as long as short |
| Extended KAIA-USD | +0.0104% | 1h | 0.03203 | +0.036% | $2K | $101K | 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-USDTshort | +0.0137% | 4h | 0.03208 | +0.187% | $154K | $21K | 75x | |
| Kraken Futures PF_KAIAUSD | +0.1759% | 1h | 0.03213 | +0.355% | $45K | $40K | 10x | as long as short |
Kraken Futures PF_KAIAUSD