Funding you earn now, next payment 00:00 UTC−0.0040%/8h= −4.3% APRnext payment −$0.20 per $10,000 · paid last 24h +0.011%
Price spread now: Binance against BloFin+0.137%61s7-day average 0.000% · you sell dearer than you buy
Net, funding: paid 7d − costs−$101as 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−$1011.014% of the position
Funding, last 7 days+0.001%$0 on $10k
+Price spread, last 3 days (all we have)−0.085%−$9 · spread now +0.137%, 7d avg 0.000%
=The price spread pays, funding is against you. Binance is 0.137% dearer against BloFin than usual: you sell high and buy low (spread +0.137% now, against its 7-day average of 0.000%): +$14 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 11 days. The two prices were read 61 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 | BloFin KAIA-USDT | 0.03278 | 0.0140 | pay 0.0070% / 4h | 46m 12s | $154K | $9K | 75x |
| Short | Binance KAIAUSDT | 0.03282 | 0.0100 | get 0.0050% / 4h | 46m 12s | $2.3M | $3.5M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BloFin. 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
- −$8.33
- Price spread: +0.137% → 0.000%
- $13.67
- Slippage, 4 orders
- −$79.38
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$96.04
- Costs to cover
- 1.014%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 15 min ago; Binance: live order book, 5 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 BloFin live order book, 15 min ago | 9.17 bp | 23.3 bp −$23 | 67.2 bp −$672 | doesn't fit | doesn't fit |
| Sell Binance live order book, 5 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 | 0.03282 | +0.137% | $2.3M | $3.5M | 75x | |
| Bybit KAIAUSDT | +0.0100% | 4h | 0.03280 | +0.061% | $2.0M | $1.5M | 50x | as long as short |
| Gate KAIA_USDT | +0.0100% | 4h | 0.03284 | +0.183% | $81K | $56K | 50x | as long as short |
| MEXC KAIA_USDT | +0.0100% | 4h | 0.03282 | +0.122% | $415K | $125K | 100x | as long as short |
| KuCoin KAIAUSDTM | +0.0100% | 4h | 0.03284 | +0.183% | $338K | $72K | 30x | as long as short |
| Bitget KAIAUSDT | +0.0100% | 4h | 0.03283 | +0.153% | $483K | $337K | 75x | as long as short |
| BingX KAIA-USDT | +0.0100% | 4h | 0.03280 | +0.061% | — | $6.5M | — | as long as short |
| Variational Omni KAIA | +0.0100% | 4h | 0.03287 | +0.262% | $3K | $202 | — | as long as short |
| GRVT KAIA_USDT_Perp | +0.0100% | 4h | 0.03285 | +0.214% | $396K | $498K | 10x | as long as short |
| Extended KAIA-USD | +0.0104% | 1h | 0.03281 | +0.102% | $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-USDTlong | +0.0140% | 4h | 0.03278 | long leg | $154K | $9K | 75x | |
| Kraken Futures PF_KAIAUSD | +0.0282% | 1h | 0.03290 | +0.359% | $46K | $14K | 10x | as long as short |
BloFin KAIA-USDT
Binance KAIAUSDT
Bybit KAIAUSDT
Gate KAIA_USDT
MEXC KAIA_USDT
KuCoin KAIAUSDTM
Bitget KAIAUSDT
BingX KAIA-USDT
Variational Omni KAIA
GRVT KAIA_USDT_Perp
Extended KAIA-USD
Kraken Futures PF_KAIAUSD