Funding arb · Price arb /

KAITO

all KAITO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%

Price spread now: Binance against Aevo−0.011%7-day average +0.010% · you buy dearer than you sell

Net, funding: paid 7d − costs−$122as in the Funding arb table

Net, price: spread back to 7d avg − costs−$120as in the Price arb table

costs, in and out, $10k−$1181.175% of the position

Long on Aevo Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.045%−$4 on $10k

Price spread, last 3 days (all we have)−0.027%−$3 · spread now −0.011%, 7d avg +0.010%

Together, before fees−0.071%−$7 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.021% cheaper against Aevo than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.010%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo KAITO-PERP	0.3492	0.0104	pay 0.0013% / 1h	54m 05s	$242K	$1K	3x
Short	Binance KAITOUSDT	0.3492	0.0100	get 0.0050% / 4h	54m 05s	$10.6M	$15.7M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Aevo. 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

Position, each leg$Hold fordaysFee AevobpFee BinancebpOrdersPrice spread, now −0.011%Rate

Funding earned: −$0.84
Price spread: −0.011% → +0.010%: −$2.08
Slippage, 4 orders: −$91.52
Fee Aevo: 8 bp × 2 orders: −$16
Fee Binance: 5 bp × 2 orders: −$10
Net: −$120.44
Costs to cover: 1.175%
Break-even: never at this rate

Slippage from Aevo: live order book, 25 min ago; Binance: live order book, 17 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 Aevo live order book, 25 min ago	31.66 bp	44.1 bp −$44	182.5 bp −$1,825	doesn't fit	doesn't fit
Sell Binance live order book, 17 min ago	1.43 bp	14.2 bp −$14	40.2 bp −$402	331.0 bp −$33.1K	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
Injective KAITO/USDC PERP	−0.0010%	1h	0.3485	−0.200%	$7K	$52K	12x	as long as short
Reya KAITORUSDPERP	0.0000%	1h	0.3370	−3.488%	—	—	—	as long as short
BloFin KAITO-USDT	+0.0078%	4h	0.3488	−0.115%	$546K	$61K	75x	as long as short
Aster KAITOUSDT	+0.0100%	4h	0.3493	+0.025%	$117K	$34K	10x	as long as short
Pacifica KAITO	+0.0100%	1h	0.3493	+0.036%	$18K	$12K	5x	as long as short
Binance KAITOUSDTshort	+0.0100%	4h	0.3492	−0.011%	$10.6M	$15.7M	75x
Bybit KAITOUSDT	+0.0100%	4h	0.3494	+0.057%	$4.4M	$6.7M	75x	as long as short
OKX KAITO-USDT-SWAP	+0.0100%	4h	0.3489	−0.086%	$4.2M	$10.0M	50x	as long as short
Gate KAITO_USDT	+0.0100%	4h	0.3494	+0.057%	$692K	$1.7M	75x	as long as short
MEXC KAITO_USDT	+0.0100%	4h	0.3491	−0.029%	$3.3M	$1.0M	50x	as long as short

Show all 27 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin KAITOUSDTM	+0.0100%	4h	0.3495	+0.086%	$1.4M	$166K	30x	as long as short
Bitget KAITOUSDT	+0.0100%	4h	0.3496	+0.115%	$4.3M	$3.0M	75x	as long as short
BingX KAITO-USDT	+0.0100%	4h	0.3492	0.000%	—	$6.7M	—	as long as short
Variational Omni KAITO	+0.0100%	4h	0.3492	+0.001%	$44K	$231K	—	as long as short
GRVT KAITO_USDT_Perp	+0.0100%	4h	0.3493	+0.018%	$236K	$3.0M	10x	as long as short
ApeX Omni KAITOUSDT	+0.0100%	1h	0.3491	−0.029%	$30K	$257K	50x	as long as short
Polymarket Perps KAITO-USD	+0.0100%	1h	0.3493	+0.043%	$15K	$4.1M	5x	as long as short
Orderly PERP_KAITO_USDC_mythos	+0.0100%	4h	0.3492	−0.014%	$3K	$2K	10x	as long as short
Paradex KAITO-USD-PERP	+0.0101%	8h	0.3492	−0.002%	$4K	$604	10x	as long as short
Extended KAITO-USD	+0.0104%	1h	0.3492	+0.003%	$62K	$41K	10x	as long as short
Aevo KAITO-PERPlong	+0.0104%	1h	0.3492	long leg	$242K	$1K	3x
edgeX KAITOUSDC	+0.0112%	4h	0.3492	0.000%	$17K	$320K	5x	as long as short
Backpack KAITO_USDC_PERP	+0.0123%	1h	0.3490	−0.060%	$19K	$166K	10x	as long as short
Hyperliquid KAITO	+0.0703%	1h	0.3498	+0.186%	$2.0M	$742K	5x	as long as short
Kraken Futures PF_KAITOUSD	+0.1001%	1h	0.3492	+0.001%	$241K	$155K	10x	as long as short
Lighter KAITO	+0.1360%	1h	0.3504	+0.341%	$84K	$82K	5x	as long as short
01 Exchange KAITOUSD	+0.8512%	1h	0.3579	+2.503%	$6K	$2K	3x	as long as short