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 OKX−0.058%603s7-day average +0.024% · you buy dearer than you sell
Net, funding: paid 7d − costs−$42as 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−$480.483% of the position
Funding, last 7 days+0.060%+$6 on $10k
+Price spread, last 3 days (all we have)+0.093%+$9 · spread now −0.058%, 7d avg +0.024%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.081% cheaper against OKX than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.024%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.060%, so the current rate has only just turned against you. The two prices were read 603 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 | OKX KAITO-USDT-SWAP | 0.3465 | 0.0100 | pay 0.0050% / 4h | 2h 39m | $4.2M | $10.2M | 50x |
| Short | BloFin KAITO-USDT | 0.3463 | 0.0076 | get 0.0038% / 4h | 2h 39m | $555K | $61K | 75x |
OKX KAITO-USDT-SWAP
BloFin KAITO-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against OKX. 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: −0.058% → +0.024%
- −$8.13
- Slippage, 4 orders
- −$26.3
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$61.54
- Costs to cover
- 0.483%
- Break-even
- never at this rate
Slippage from OKX: live order book, 4 min ago; BloFin: live order book, 27 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 OKX live order book, 4 min ago | 1.44 bp | 12.9 bp −$13 | 43.6 bp −$436 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 27 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 | −0.0526% | 1h | 0.3468 | +0.078% | $19K | $178K | 10x | as long as short |
| Injective KAITO/USDC PERP | −0.0064% | 1h | 0.3466 | +0.029% | $7K | $52K | 12x | as long as short |
| Reya KAITORUSDPERP | 0.0000% | 1h | 0.3370 | −2.734% | — | — | — | as long as short |
| BloFin KAITO-USDTshort | +0.0076% | 4h | 0.3463 | −0.058% | $555K | $61K | 75x | |
| Aster KAITOUSDT | +0.0100% | 4h | 0.3465 | 0.000% | $115K | $38K | 10x | as long as short |
| Pacifica KAITO | +0.0100% | 1h | 0.3465 | 0.000% | $18K | $15K | 5x | as long as short |
| Binance KAITOUSDT | +0.0100% | 4h | 0.3467 | +0.058% | $10.6M | $16.3M | 75x | as long as short |
| Bybit KAITOUSDT | +0.0100% | 4h | 0.3469 | +0.115% | $4.3M | $7.1M | 75x | as long as short |
| OKX KAITO-USDT-SWAPlong | +0.0100% | 4h | 0.3465 | long leg | $4.2M | $10.2M | 50x | |
| Gate KAITO_USDT | +0.0100% | 4h | 0.3467 | +0.058% | $679K | $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
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 | 0.3465 | 0.000% | $3.3M | $1.0M | 50x | as long as short |
| KuCoin KAITOUSDTM | +0.0100% | 4h | 0.3465 | 0.000% | $1.4M | $168K | 30x | as long as short |
| Bitget KAITOUSDT | +0.0100% | 4h | 0.3473 | +0.231% | $4.3M | $3.2M | 75x | as long as short |
| BingX KAITO-USDT | +0.0100% | 4h | 0.3468 | +0.087% | — | $6.8M | — | as long as short |
| Variational Omni KAITO | +0.0100% | 4h | 0.3475 | +0.302% | $44K | $230K | — | as long as short |
| GRVT KAITO_USDT_Perp | +0.0100% | 4h | 0.3470 | +0.144% | $237K | $2.8M | 10x | as long as short |
| ApeX Omni KAITOUSDT | +0.0100% | 1h | 0.3481 | +0.462% | $30K | $257K | 50x | as long as short |
| Orderly PERP_KAITO_USDC_mythos | +0.0100% | 4h | 0.3465 | 0.000% | $3K | $2K | 10x | as long as short |
| Extended KAITO-USD | +0.0104% | 1h | 0.3467 | +0.063% | $77K | $54K | 10x | as long as short |
| Aevo KAITO-PERP | +0.0104% | 1h | 0.3466 | +0.029% | $241K | — | 3x | as long as short |
| Polymarket Perps KAITO-USD | +0.0108% | 1h | 0.3469 | +0.127% | $15K | $4.1M | 5x | as long as short |
| edgeX KAITOUSDC | +0.0111% | 4h | 0.3480 | +0.435% | $17K | $322K | 5x | as long as short |
| Paradex KAITO-USD-PERP | +0.0119% | 8h | 0.3463 | −0.068% | $4K | $604 | 10x | as long as short |
| Kraken Futures PF_KAITOUSD | +0.0979% | 1h | 0.3468 | +0.092% | $241K | $153K | 10x | as long as short |
| Hyperliquid KAITO | +0.0998% | 1h | 0.3473 | +0.219% | $2.0M | $780K | 5x | as long as short |
| Lighter KAITO | +0.1360% | 1h | 0.3480 | +0.442% | $86K | $93K | 5x | as long as short |
| 01 Exchange KAITOUSD | +0.6000% | 1h | 0.3548 | +2.401% | $6K | $2K | 3x | as long as short |
MEXC KAITO_USDT
KuCoin KAITOUSDTM
Bitget KAITOUSDT
BingX KAITO-USDT
Variational Omni KAITO
GRVT KAITO_USDT_Perp
ApeX Omni KAITOUSDT
Orderly PERP_KAITO_USDC_mythos
Extended KAITO-USD
Aevo KAITO-PERP
Polymarket Perps KAITO-USD
edgeX KAITOUSDC
Paradex KAITO-USD-PERP
Kraken Futures PF_KAITOUSD
Hyperliquid KAITO
Lighter KAITO
01 Exchange KAITOUSD