Funding you earn now, next payment 08:00 UTC−0.0044%/8h= −4.8% APRnext payment −$0.22 per $10,000 · paid last 24h +0.009%
Price spread now: Bitget against BloFin−0.185%105s7-day average +0.040% · you buy dearer than you sell
Net, funding: paid 7d − costs−$108as 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−$1071.069% of the position
Funding, last 7 days−0.012%−$1 on $10k
+Price spread, last 4 days (all we have)+0.285%+$28 · spread now −0.185%, 7d avg +0.040%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Bitget is 0.224% cheaper against BloFin than usual: you would sell low and buy high (−$22 if the spread goes back to its 7-day average of +0.040%). Swap the legs. The two prices were read 105 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 | 0.03250 | 0.0144 | pay 0.0072% / 4h | 3h 23m | $155K | $21K | 75x |
| Short | Bitget KAIAUSDT | 0.03244 | 0.0100 | get 0.0050% / 4h | 3h 23m | $467K | $398K | 75x |
BloFin KAIA-USDT
Bitget KAIAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$9.24
- Price spread: −0.185% → +0.040%
- −$22.42
- Slippage, 4 orders
- −$82.91
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$138.57
- Costs to cover
- 1.069%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 66 min ago; Bitget: live order book, 22 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, 66 min ago | 7.73 bp | 27.5 bp −$27 | 72.9 bp −$729 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 22 min ago | 6.14 bp | 22.2 bp −$22 | 99.2 bp −$992 | 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 | 0.03241 | −0.265% | $2.4M | $4.1M | 75x | as long as short |
| Bybit KAIAUSDT | +0.0100% | 4h | 0.03238 | −0.369% | $1.9M | $1.4M | 50x | as long as short |
| Gate KAIA_USDT | +0.0100% | 4h | 0.03244 | −0.185% | $81K | $74K | 50x | as long as short |
| MEXC KAIA_USDT | +0.0100% | 4h | 0.03241 | −0.277% | $522K | $147K | 100x | as long as short |
| KuCoin KAIAUSDTM | +0.0100% | 4h | 0.03240 | −0.308% | $328K | $68K | 30x | as long as short |
| Bitget KAIAUSDTshort | +0.0100% | 4h | 0.03244 | −0.185% | $467K | $398K | 75x | |
| BingX KAIA-USDT | +0.0100% | 4h | 0.03240 | −0.308% | — | $6.5M | — | as long as short |
| Variational Omni KAIA | +0.0100% | 4h | 0.03240 | −0.311% | $3K | $202 | — | as long as short |
| GRVT KAIA_USDT_Perp | +0.0100% | 4h | 0.03249 | −0.043% | $396K | $505K | 10x | as long as short |
| Extended KAIA-USD | +0.0104% | 1h | 0.03240 | −0.306% | $5K | $98K | 5x | as long as short |
Binance KAIAUSDT
Bybit KAIAUSDT
Gate KAIA_USDT
MEXC KAIA_USDT
KuCoin KAIAUSDTM
BingX KAIA-USDT
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-USDTlong | +0.0144% | 4h | 0.03250 | long leg | $155K | $21K | 75x | |
| Kraken Futures PF_KAIAUSD | +0.1620% | 1h | 0.03250 | −0.002% | $46K | $39K | 10x | as long as short |
Kraken Futures PF_KAIAUSD