Funding you earn now, next payment 00:00 UTC+0.0240%/8h= +26.3% APRnext payment +$1.20 per $10,000 · paid last 24h +0.072%
Price spread now: BloFin against Binance−0.019%81s7-day average +0.016% · you buy dearer than you sell
Net, funding: paid 7d − costs−$35as 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−$650.651% of the position
Funding, last 7 days+0.304%+$30 on $10k
+Price spread, last 3 days (all we have)+0.404%+$40 · spread now −0.019%, 7d avg +0.016%
=Funding pays, the price is against you. BloFin is 0.035% cheaper against Binance than usual: you would sell low and buy high (spread −0.019% now, against its 7-day average of +0.016%). If the spread goes back, that is −$3 on $10k: about 12 hours of funding at the current rate (+$7 a day). The two prices were read 81 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 | Binance KASUSDT | 0.04354 | 0.0100 | pay 0.0050% / 4h | 2h 03m | $4.0M | $11.2M | 75x |
| Short | BloFin KAS-USDT | 0.04353 | 0.0340 | get 0.0170% / 4h | 2h 03m | $384K | $202K | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Binance. 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
- $50.4
- Price spread: −0.019% → +0.016%
- −$3.48
- Slippage, 4 orders
- −$43.09
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$18.17
- Costs to cover
- 0.651%
- Break-even
- 9.5 days
Slippage from Binance: live order book, 6 min ago; BloFin: live order book, 16 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 Binance live order book, 6 min ago | 1.14 bp | 14.5 bp −$15 | 65.5 bp −$655 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 16 min ago | 1.14 bp | 15.0 bp −$15 | 37.5 bp −$375 | doesn't fit | doesn't fit |
KAS on 15 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_KASUSD | −0.0192% | 1h | 0.04358 | +0.089% | $291K | $439K | 20x | as long as short |
| Injective KAS/USDC PERP | −0.0009% | 1h | 0.04361 | +0.165% | $45 | $154K | 5.5x | as long as short |
| gTrade (Gains Network) KAS/USD | L +0.0010% / S −0.0017% | 1h | 0.04356 | +0.039% | $11K | — | 150x | as long as short |
| GMX KAS/USD [WBTC.b-USDC] | L +0.0049% / S −0.0107% | 1h | 0.04353 | −0.016% | $4K | — | 100x | as long as short |
| Aster KASUSDT | +0.0100% | 4h | 0.04360 | +0.141% | $255K | $199K | 20x | as long as short |
| Binance KASUSDTlong | +0.0100% | 4h | 0.04354 | long leg | $4.0M | $11.2M | 75x | |
| Bybit KASUSDT | +0.0100% | 4h | 0.04347 | −0.156% | $10.8M | $7.2M | 50x | as long as short |
| Gate KAS_USDT | +0.0100% | 8h | 0.04350 | −0.087% | $2.2M | $1.6M | 75x | as long as short |
| MEXC KAS_USDT | +0.0100% | 4h | 0.04355 | +0.027% | $27.9M | $4.6M | 200x | as long as short |
| KuCoin KASUSDTM | +0.0100% | 4h | 0.04357 | +0.076% | $4.2M | $6.8M | 50x | as long as short |
Show all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget KASUSDT | +0.0100% | 4h | 0.04349 | −0.110% | $11.9M | $3.0M | 50x | as long as short |
| BingX KAS-USDT | +0.0100% | 4h | 0.04352 | −0.042% | — | $69.3M | — | as long as short |
| Variational Omni KAS | +0.0100% | 4h | 0.04351 | −0.069% | $26K | $20K | — | as long as short |
| BloFin KAS-USDTshort | +0.0340% | 4h | 0.04353 | −0.019% | $384K | $202K | 75x | |
| Hyperliquid KAS | +0.0341% | 1h | 0.04366 | +0.287% | $2.9M | $928K | 3x | as long as short |
Binance KASUSDT
BloFin KAS-USDT
Kraken Futures PF_KASUSD
Injective KAS/USDC PERP
gTrade (Gains Network) KAS/USD
GMX KAS/USD [WBTC.b-USDC]
Aster KASUSDT
Bybit KASUSDT
Gate KAS_USDT
MEXC KAS_USDT
KuCoin KASUSDTM
Bitget KASUSDT
BingX KAS-USDT
Variational Omni KAS
Hyperliquid KAS