Funding you earn now, next payment 04:00 UTC−0.0024%/8h= −2.7% APRnext payment −$0.12 per $10,000 · paid last 24h +0.001%
Price spread now: BloFin against Bitget−0.403%435s7-day average +0.034% · you buy dearer than you sell
Net, funding: paid 7d − costs−$61as 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−$550.547% of the position
Funding, last 7 days−0.061%−$6 on $10k
+Price spread, last 3 days (all we have)+0.483%+$48 · spread now −0.403%, 7d avg +0.034%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.437% cheaper against Bitget than usual: you would sell low and buy high (−$44 if the spread goes back to its 7-day average of +0.034%). Swap the legs. The two prices were read 435 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 | Bitget KAITOUSDT | 0.3477 | 0.0100 | pay 0.0050% / 4h | 2h 42m | $4.3M | $3.2M | 75x |
| Short | BloFin KAITO-USDT | 0.3463 | 0.0076 | get 0.0038% / 4h | 2h 42m | $555K | $61K | 75x |
Bitget KAITOUSDT
BloFin KAITO-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Bitget. 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
- −$5.1
- Price spread: −0.403% → +0.034%
- −$43.7
- Slippage, 4 orders
- −$30.7
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$103.5
- Costs to cover
- 0.547%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 1 min ago; BloFin: live order book, 24 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 Bitget live order book, 1 min ago | 2.88 bp | 17.3 bp −$17 | 60.1 bp −$601 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 24 min ago | 1.43 bp | 8.0 bp −$8 | 21.9 bp −$219 | 150.3 bp −$15.0K | 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 | −0.0489% | 1h | 0.3473 | −0.129% | $20K | $176K | 10x | as long as short |
| Injective KAITO/USDC PERP | −0.0064% | 1h | 0.3466 | −0.316% | $7K | $52K | 12x | as long as short |
| Reya KAITORUSDPERP | 0.0000% | 1h | 0.3370 | −3.068% | — | — | — | as long as short |
| BloFin KAITO-USDTshort | +0.0076% | 4h | 0.3463 | −0.403% | $555K | $61K | 75x | |
| Aster KAITOUSDT | +0.0100% | 4h | 0.3473 | −0.129% | $115K | $38K | 10x | as long as short |
| Pacifica KAITO | +0.0100% | 1h | 0.3473 | −0.119% | $18K | $12K | 5x | as long as short |
| Binance KAITOUSDT | +0.0100% | 4h | 0.3475 | −0.058% | $10.6M | $16.3M | 75x | as long as short |
| Bybit KAITOUSDT | +0.0100% | 4h | 0.3477 | 0.000% | $4.4M | $7.0M | 75x | as long as short |
| OKX KAITO-USDT-SWAP | +0.0100% | 4h | 0.3473 | −0.115% | $4.2M | $10.2M | 50x | as long as short |
| Gate KAITO_USDT | +0.0100% | 4h | 0.3475 | −0.058% | $681K | $1.7M | 75x | as long as short |
Backpack KAITO_USDC_PERP
Injective KAITO/USDC PERP
Reya KAITORUSDPERP
Aster KAITOUSDT
Pacifica KAITO
Binance KAITOUSDT
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 | 0.3471 | −0.173% | $3.3M | $1.0M | 50x | as long as short |
| KuCoin KAITOUSDTM | +0.0100% | 4h | 0.3474 | −0.086% | $1.4M | $168K | 30x | as long as short |
| Bitget KAITOUSDTlong | +0.0100% | 4h | 0.3477 | long leg | $4.3M | $3.2M | 75x | |
| BingX KAITO-USDT | +0.0100% | 4h | 0.3476 | −0.029% | — | $6.7M | — | as long as short |
| Variational Omni KAITO | +0.0100% | 4h | 0.3465 | −0.332% | $43K | $230K | — | as long as short |
| GRVT KAITO_USDT_Perp | +0.0100% | 4h | 0.3466 | −0.304% | $237K | $2.8M | 10x | as long as short |
| ApeX Omni KAITOUSDT | +0.0100% | 1h | 0.3466 | −0.316% | $30K | $256K | 50x | as long as short |
| Orderly PERP_KAITO_USDC_mythos | +0.0100% | 4h | 0.3472 | −0.147% | $3K | $2K | 10x | as long as short |
| edgeX KAITOUSDC | +0.0102% | 4h | 0.3464 | −0.361% | $17K | $325K | 5x | as long as short |
| Extended KAITO-USD | +0.0104% | 1h | 0.3475 | −0.053% | $78K | $54K | 10x | as long as short |
| Aevo KAITO-PERP | +0.0104% | 1h | 0.3470 | −0.208% | $241K | — | 3x | as long as short |
| Polymarket Perps KAITO-USD | +0.0113% | 1h | 0.3474 | −0.092% | $14K | $4.1M | 5x | as long as short |
| Paradex KAITO-USD-PERP | +0.0120% | 8h | 0.3471 | −0.176% | $4K | $604 | 10x | as long as short |
| Kraken Futures PF_KAITOUSD | +0.0978% | 1h | 0.3472 | −0.139% | $241K | $159K | 10x | as long as short |
| Hyperliquid KAITO | +0.1013% | 1h | 0.3478 | +0.035% | $2.0M | $785K | 5x | as long as short |
| Lighter KAITO | +0.1336% | 1h | 0.3485 | +0.239% | $86K | $93K | 5x | as long as short |
| 01 Exchange KAITOUSD | +0.5600% | 1h | 0.3553 | +2.197% | $6K | $2K | 3x | as long as short |
MEXC KAITO_USDT
KuCoin KAITOUSDTM
BingX KAITO-USDT
Variational Omni KAITO
GRVT KAITO_USDT_Perp
ApeX Omni KAITOUSDT
Orderly PERP_KAITO_USDC_mythos
edgeX KAITOUSDC
Extended KAITO-USD
Aevo KAITO-PERP
Polymarket Perps KAITO-USD
Paradex KAITO-USD-PERP
Kraken Futures PF_KAITOUSD
Hyperliquid KAITO
Lighter KAITO
01 Exchange KAITOUSD