Funding arb · Price arb /

KAITO

all KAITO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: OKX against ApeX Omni−0.228%80s7-day average +0.007% · you buy dearer than you sell

Net, funding: paid 7d − costs−$416as 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−$4064.064% of the position

Long on ApeX Omni Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.093%−$9 on $10k

Price spread, last 4 days (all we have)+0.045%+$4 · spread now −0.228%, 7d avg +0.007%

Together, before fees−0.048%−$5 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: OKX is 0.235% cheaper against ApeX Omni than usual: you would sell low and buy high, −$24 on $10k if it goes back to its 7-day average of +0.007%. The two prices were read 80 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	ApeX Omni KAITOUSDT	0.3506	0.0100	pay 0.0013% / 1h	0m 13s	$29K	$258K	50x
Short	OKX KAITO-USDT-SWAP	0.3498	0.0100	get 0.0050% / 4h	3h 00m	$4.3M	$11.6M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now −0.228%Rate

Funding earned: $0
Price spread: −0.228% → +0.007%: −$23.51
Slippage, 4 orders: −$386.44
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee OKX: 5 bp × 2 orders: −$10
Net: −$429.95
Costs to cover: 4.064%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 32 min ago; OKX: live order book, 3 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, 32 min ago	7.16 bp	158.0 bp −$158	doesn't fit	doesn't fit	doesn't fit
Sell OKX live order book, 3 min ago	1.43 bp	14.2 bp −$14	42.3 bp −$423	doesn't fit	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
Kraken Futures PF_KAITOUSD	−0.0416%	1h	0.3500	−0.161%	$247K	$164K	10x	as long as short
Backpack KAITO_USDC_PERP	−0.0029%	1h	0.3502	−0.128%	$17K	$199K	10x	as long as short
Reya KAITORUSDPERP	0.0000%	1h	0.3370	−3.869%	—	—	—	as long as short
Injective KAITO/USDC PERP	+0.0020%	1h	0.3535	+0.827%	$7K	$52K	12x	as long as short
Aster KAITOUSDT	+0.0100%	4h	0.3504	−0.066%	$115K	$63K	10x	as long as short
Pacifica KAITO	+0.0100%	1h	0.3503	−0.077%	$19K	$15K	5x	as long as short
Binance KAITOUSDT	+0.0100%	4h	0.3501	−0.143%	$10.7M	$17.9M	75x	as long as short
Bybit KAITOUSDT	+0.0100%	4h	0.3501	−0.143%	$4.5M	$8.9M	75x	as long as short
OKX KAITO-USDT-SWAPshort	+0.0100%	4h	0.3498	−0.228%	$4.3M	$11.6M	50x
Gate KAITO_USDT	+0.0100%	4h	0.3503	−0.086%	$653K	$1.8M	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_USDT	+0.0100%	4h	0.3501	−0.143%	$3.5M	$1.3M	50x	as long as short
KuCoin KAITOUSDTM	+0.0100%	4h	0.3505	−0.029%	$1.4M	$171K	30x	as long as short
Bitget KAITOUSDT	+0.0100%	4h	0.3505	−0.029%	$4.5M	$3.7M	75x	as long as short
BingX KAITO-USDT	+0.0100%	4h	0.3502	−0.114%	—	$6.8M	—	as long as short
Variational Omni KAITO	+0.0100%	4h	0.3502	−0.118%	$45K	$211K	—	as long as short
GRVT KAITO_USDT_Perp	+0.0100%	4h	0.3506	+0.002%	$244K	$2.3M	10x	as long as short
ApeX Omni KAITOUSDTlong	+0.0100%	1h	0.3506	long leg	$29K	$258K	50x
Polymarket Perps KAITO-USD	+0.0100%	1h	0.3500	−0.171%	$18K	$5.0M	5x	as long as short
Orderly PERP_KAITO_USDC_mythos	+0.0100%	4h	0.3502	−0.123%	$3K	$2K	10x	as long as short
Paradex KAITO-USD-PERP	+0.0103%	8h	0.3501	−0.133%	$4K	$604	10x	as long as short
Extended KAITO-USD	+0.0104%	1h	0.3501	−0.142%	$80K	$63K	10x	as long as short
Aevo KAITO-PERP	+0.0104%	1h	0.3501	−0.143%	$243K	—	3x	as long as short
edgeX KAITOUSDC	+0.0108%	4h	0.3506	−0.007%	$17K	$328K	5x	as long as short
BloFin KAITO-USDT	+0.0123%	4h	0.3501	−0.143%	$550K	$67K	75x	as long as short
Hyperliquid KAITO	+0.0200%	1h	0.3506	−0.013%	$2.0M	$916K	5x	as long as short
Lighter KAITO	+0.0928%	1h	0.3518	+0.328%	$86K	$102K	5x	as long as short
01 Exchange KAITOUSD	+0.4672%	1h	0.3580	+2.114%	$6K	$609	3x	as long as short