Funding arb · Price arb /

KAITO

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: MEXC against ApeX Omni−0.631%7-day average +0.008% · you buy dearer than you sell

Net, funding: paid 7d − costs−$410as in the Funding arb table

Net, price: spread back to 7d avg − costs−$469as in the Price arb table

costs, in and out, $10k−$4054.050% of the position

Long on ApeX Omni Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.047%−$5 on $10k

Price spread, last 4 days (all we have)+0.575%+$58 · spread now −0.631%, 7d avg +0.008%

Together, before fees+0.528%+$53 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 0.639% cheaper against ApeX Omni than usual: you would sell low and buy high, −$64 on $10k if it goes back to its 7-day average of +0.008%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni KAITOUSDT	0.3487	0.0100	pay 0.0013% / 1h	33m 31s	$29K	$261K	50x
Short	MEXC KAITO_USDT	0.3465	0.0100	get 0.0050% / 4h	2h 33m	$3.1M	$1.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against ApeX Omni. 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 ApeX OmnibpFee MEXCbpOrdersPrice spread, now −0.631%Rate

Funding earned: $0
Price spread: −0.631% → +0.008%: −$63.89
Slippage, 4 orders: −$394.99
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee MEXC: 0 bp × 2 orders: $0
Net: −$468.88
Costs to cover: 4.050%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 13 min ago; MEXC: live order book, 4 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 ApeX Omni live order book, 13 min ago	7.10 bp	165.3 bp −$165	doesn't fit	doesn't fit	doesn't fit
Sell MEXC live order book, 4 min ago	1.43 bp	5.2 bp −$5	12.9 bp −$129	75.8 bp −$7,576	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	−0.0279%	1h	0.3469	−0.528%	$20K	$184K	10x	as long as short
Injective KAITO/USDC PERP	−0.0060%	1h	0.3507	+0.574%	$7K	$52K	12x	as long as short
Reya KAITORUSDPERP	0.0000%	1h	0.3370	−3.343%	—	—	—	as long as short
Aster KAITOUSDT	+0.0100%	4h	0.3468	−0.551%	$117K	$50K	10x	as long as short
Pacifica KAITO	+0.0100%	1h	0.3468	−0.553%	$18K	$14K	5x	as long as short
Binance KAITOUSDT	+0.0100%	4h	0.3465	−0.631%	$10.6M	$17.1M	75x	as long as short
Bybit KAITOUSDT	+0.0100%	4h	0.3468	−0.545%	$4.3M	$7.9M	75x	as long as short
OKX KAITO-USDT-SWAP	+0.0100%	4h	0.3465	−0.631%	$4.2M	$10.7M	50x	as long as short
Gate KAITO_USDT	+0.0100%	4h	0.3468	−0.545%	$651K	$1.7M	75x	as long as short
MEXC KAITO_USDTshort	+0.0100%	4h	0.3465	−0.631%	$3.1M	$1.1M	50x

Show all 27 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin KAITOUSDTM	+0.0100%	4h	0.3471	−0.459%	$1.4M	$179K	30x	as long as short
Bitget KAITOUSDT	+0.0100%	4h	0.3466	−0.602%	$4.3M	$3.5M	75x	as long as short
BingX KAITO-USDT	+0.0100%	4h	0.3467	−0.574%	—	$6.7M	—	as long as short
Variational Omni KAITO	+0.0100%	4h	0.3488	+0.028%	$44K	$211K	—	as long as short
GRVT KAITO_USDT_Perp	+0.0100%	4h	0.3486	−0.023%	$247K	$2.5M	10x	as long as short
ApeX Omni KAITOUSDTlong	+0.0100%	1h	0.3487	long leg	$29K	$261K	50x
Orderly PERP_KAITO_USDC_mythos	+0.0100%	4h	0.3472	−0.433%	$3K	$2K	10x	as long as short
Extended KAITO-USD	+0.0104%	1h	0.3468	−0.557%	$80K	$63K	10x	as long as short
Aevo KAITO-PERP	+0.0104%	1h	0.3469	−0.502%	$241K	—	3x	as long as short
edgeX KAITOUSDC	+0.0109%	4h	0.3490	+0.072%	$17K	$326K	5x	as long as short
Paradex KAITO-USD-PERP	+0.0110%	8h	0.3466	−0.589%	$4K	$604	10x	as long as short
Polymarket Perps KAITO-USD	+0.0115%	1h	0.3469	−0.502%	$14K	$4.6M	5x	as long as short
BloFin KAITO-USDT	+0.0118%	4h	0.3492	+0.143%	$565K	$68K	75x	as long as short
Kraken Futures PF_KAITOUSD	+0.0390%	1h	0.3468	−0.539%	$243K	$154K	10x	as long as short
Hyperliquid KAITO	+0.0791%	1h	0.3473	−0.387%	$2.0M	$848K	5x	as long as short
Lighter KAITO	+0.1456%	1h	0.3481	−0.161%	$86K	$100K	5x	as long as short
01 Exchange KAITOUSD	+0.8608%	1h	0.3566	+2.260%	$6K	$1K	3x	as long as short