KAIA arbitrage explained
Right now Kaia (KAIA) trades on 8 venues we scan: 7 perpetual markets, 7 spot markets and 0 DEX pools. The lowest ask is on MEXC perp at $0.0375 and the highest bid on Binance spot at $0.0376.
The widest KAIA perpetual spread is between MEXC and Binance: long KAIA on MEXC at $0.0375 and short on Binance at $0.0375 for 0.00% gross, or -0.16% after the 0.16% two-leg fee model. No transfer is needed: both positions stay on their exchanges until the prices converge. The funding difference on this pair is +0.002% per day, which the position collects while it is open.
For a spot–perpetual (cash-and-carry) trade, the best KAIA route is to buy spot on Bybit and short the perpetual on Binance: -0.35% gross, -0.55% net, with -0.015% a day of funding on the short leg.
Spot–spot KAIA arbitrage (buy on Bybit, withdraw, deposit and sell on Binance) shows 0.00% gross right now. It only works if withdrawals on the buying exchange and deposits on the selling exchange are open, so check the D/W dots before moving coins.
Small KAIA gaps usually disappear after fees, slippage and funding. Look at the Net column, the executable Depth and the spread history before trading: a gap that has been open for days is a different trade from a one-minute spike.
Related: KAIA funding rates · KAIA spread charts · Kaia price · arbitrage scanner for all coins.