Settings8H · net · $10k
Funding arb · Price arb /

KAIA

all KAIA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0033%/8h= −3.6% APRnext payment $0.17 per $10,000 · paid last 24h +0.013%
Price spread now: Bybit against BloFin0.000%7-day average −0.071% · you sell dearer than you buy
Net, funding: paid 7d − costs−$120as in the Funding arb table
Net, price: spread back to 7d avg − costs−$108as in the Price arb table
costs, in and out, $10k−$1151.147% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.053%−$5 on $10k
Price spread, last 4 days (all we have)−0.034%−$3 · spread now 0.000%, 7d avg −0.071%
Together, before fees−0.088%−$9 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bybit is 0.071% dearer against BloFin than usual: you sell high and buy low (spread 0.000% now, against its 7-day average of −0.071%): +$7 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 7.2 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin KAIA-USDT0.032310.0133pay 0.0067% / 4h16m 29s$155K$21K75x
ShortBybit KAIAUSDT0.032310.0100get 0.0050% / 4h16m 29s$1.9M$1.3M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against BloFin. 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

Funding earned
−$6.94
Price spread: 0.000% → −0.071%
$7.11
Slippage, 4 orders
−$91.65
Fee BloFin: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$114.47
Costs to cover
1.147%
Break-even
never at this rate
Slippage from BloFin: live order book, 13 min ago; Bybit: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 13 min ago7.73 bp27.5 bp −$2772.9 bp −$729doesn't fitdoesn't fit
Sell Bybit live order book, 5 min ago6.20 bp32.2 bp −$32114.3 bp −$1,143doesn't fitdoesn't fit

KAIA on 12 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance KAIAUSDT+0.0100%4h0.03232+0.041%$2.4M$4.0M75xas long as short
Bybit KAIAUSDTshort+0.0100%4h0.032310.000%$1.9M$1.3M50x
Gate KAIA_USDT+0.0100%4h0.032310.000%$81K$74K50xas long as short
MEXC KAIA_USDT+0.0100%4h0.03233+0.062%$530K$146K100xas long as short
KuCoin KAIAUSDTM+0.0100%4h0.03232+0.031%$329K$70K30xas long as short
Bitget KAIAUSDT+0.0100%4h0.03233+0.062%$458K$404K75xas long as short
BingX KAIA-USDT+0.0100%4h0.032310.000%$6.5Mas long as short
Variational Omni KAIA+0.0100%4h0.03230−0.034%$3K$202as long as short
GRVT KAIA_USDT_Perp+0.0100%4h0.03233+0.070%$394K$505K10xas long as short
Extended KAIA-USD+0.0104%1h0.03232+0.036%$2K$100K5xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin KAIA-USDTlong+0.0133%4h0.03231long leg$155K$21K75x
Kraken Futures PF_KAIAUSD+0.1624%1h0.03243+0.369%$46K$39K10xas long as short