Funding arb · Price arb /

KAITO

all KAITO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%

Price spread now: MEXC against Aevo−0.085%7-day average −0.003% · you buy dearer than you sell

Net, funding: paid 7d − costs−$380as in the Funding arb table

Net, price: spread back to 7d avg − costs−$384as in the Price arb table

costs, in and out, $10k−$3763.760% of the position

Long on Aevo Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.037%−$4 on $10k

Price spread, last 4 days (all we have)+0.031%+$3 · spread now −0.085%, 7d avg −0.003%

Together, before fees−0.006%−$1 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: MEXC is 0.082% cheaper against Aevo than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of −0.003%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo KAITO-PERP	0.3543	0.0104	pay 0.0013% / 1h	52m 03s	$246K	—	3x
Short	MEXC KAITO_USDT	0.3540	0.0100	get 0.0050% / 4h	3h 52m	$3.2M	$1.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now −0.085%Rate

Funding earned: −$0.84
Price spread: −0.085% → −0.003%: −$8.19
Slippage, 4 orders: −$360.04
Fee Aevo: 8 bp × 2 orders: −$16
Fee MEXC: 0 bp × 2 orders: $0
Net: −$385.07
Costs to cover: 3.760%
Break-even: never at this rate

Slippage from Aevo: live order book, 2 min ago; MEXC: live order book, 5 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, 2 min ago	170.53 bp	178.5 bp −$179	doesn't fit	doesn't fit	doesn't fit
Sell MEXC live order book, 5 min ago	1.42 bp	4.9 bp −$5	11.4 bp −$114	64.8 bp −$6,479	248.2 bp −$124.1K

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	−0.0443%	1h	0.3542	−0.034%	$19K	$177K	10x	as long as short
Reya KAITORUSDPERP	0.0000%	1h	0.3370	−4.872%	—	—	—	as long as short
Injective KAITO/USDC PERP	+0.0009%	1h	0.3531	−0.339%	$7K	$52K	12x	as long as short
Kraken Futures PF_KAITOUSD	+0.0030%	1h	0.3542	−0.029%	$248K	$156K	10x	as long as short
Aster KAITOUSDT	+0.0100%	4h	0.3539	−0.117%	$120K	$51K	10x	as long as short
Pacifica KAITO	+0.0100%	1h	0.3543	+0.012%	$18K	$14K	5x	as long as short
Binance KAITOUSDT	+0.0100%	4h	0.3544	+0.024%	$10.8M	$16.8M	75x	as long as short
Bybit KAITOUSDT	+0.0100%	4h	0.3543	0.000%	$4.4M	$7.7M	75x	as long as short
OKX KAITO-USDT-SWAP	+0.0100%	4h	0.3542	−0.028%	$4.4M	$10.7M	50x	as long as short
Gate KAITO_USDT	+0.0100%	4h	0.3537	−0.169%	$670K	$1.7M	75x	as long as short

Show all 27 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC KAITO_USDTshort	+0.0100%	4h	0.3540	−0.085%	$3.2M	$1.1M	50x
KuCoin KAITOUSDTM	+0.0100%	4h	0.3540	−0.085%	$1.4M	$167K	30x	as long as short
Bitget KAITOUSDT	+0.0100%	4h	0.3546	+0.085%	$4.5M	$3.4M	75x	as long as short
BingX KAITO-USDC	+0.0100%	4h	0.3540	−0.085%	—	$6.5M	—	as long as short
Variational Omni KAITO	+0.0100%	4h	0.3528	−0.413%	$44K	$211K	—	as long as short
GRVT KAITO_USDT_Perp	+0.0100%	4h	0.3519	−0.688%	$246K	$2.6M	10x	as long as short
ApeX Omni KAITOUSDT	+0.0100%	1h	0.3525	−0.508%	$28K	$258K	50x	as long as short
Polymarket Perps KAITO-USD	+0.0100%	1h	0.3543	−0.011%	$20K	$4.4M	5x	as long as short
Orderly PERP_KAITO_USDC_mythos	+0.0100%	4h	0.3539	−0.107%	$3K	$2K	10x	as long as short
Extended KAITO-USD	+0.0104%	1h	0.3542	−0.021%	$79K	$62K	10x	as long as short
Aevo KAITO-PERPlong	+0.0104%	1h	0.3543	long leg	$246K	—	3x
Paradex KAITO-USD-PERP	+0.0113%	8h	0.3543	−0.012%	$4K	$604	10x	as long as short
edgeX KAITOUSDC	+0.0118%	4h	0.3527	−0.458%	$17K	$324K	5x	as long as short
BloFin KAITO-USDT	+0.0122%	4h	0.3545	+0.056%	$558K	$68K	75x	as long as short
Hyperliquid KAITO	+0.0657%	1h	0.3547	+0.108%	$2.1M	$817K	5x	as long as short
01 Exchange KAITOUSD	+0.0712%	1h	0.3541	−0.054%	$6K	$2K	3x	as long as short
Lighter KAITO	+0.1144%	1h	0.3551	+0.226%	$87K	$92K	5x	as long as short