Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.006%
Price spread now: Bitget against Backpack+0.164%49s7-day average −0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$82as 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−$500.497% of the position
Funding, last 7 days−0.324%−$32 on $10k
+Price spread, last 4 days (all we have)−0.167%−$17 · spread now +0.164%, 7d avg −0.014%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.178% dearer against Backpack than usual: you sell high and buy low, +$18 on $10k if it goes back to its 7-day average of −0.014%. The two prices were read 49 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 | Backpack KAITO_USDC_PERP | 0.3473 | 0.0100 | pay 0.0013% / 1h | 11m 18s | $18K | $164K | 10x |
| Short | Bitget KAITOUSDT | 0.3479 | 0.0100 | get 0.0050% / 4h | 11m 18s | $4.3M | $3.0M | 75x |
Backpack KAITO_USDC_PERP
Bitget KAITOUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Backpack. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: +0.164% → −0.014%
- $17.78
- Slippage, 4 orders
- −$27.69
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$31.91
- Costs to cover
- 0.497%
- Break-even
- never at this rate
Slippage from Backpack: live order book, 2 min ago; Bitget: live order book, 2 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 Backpack live order book, 2 min ago | 0.43 bp | 9.3 bp −$9 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 2 min ago | 1.44 bp | 14.2 bp −$14 | 50.3 bp −$503 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective KAITO/USDC PERP | −0.0010% | 1h | 0.3476 | +0.078% | $7K | $52K | 12x | as long as short |
| Reya KAITORUSDPERP | 0.0000% | 1h | 0.3370 | −2.970% | — | — | — | as long as short |
| BloFin KAITO-USDT | +0.0067% | 4h | 0.3478 | +0.135% | $541K | $62K | 75x | as long as short |
| Aster KAITOUSDT | +0.0100% | 4h | 0.3475 | +0.053% | $116K | $34K | 10x | as long as short |
| Pacifica KAITO | +0.0100% | 1h | 0.3477 | +0.096% | $18K | $12K | 5x | as long as short |
| Binance KAITOUSDT | +0.0100% | 4h | 0.3474 | +0.032% | $10.5M | $15.8M | 75x | as long as short |
| Bybit KAITOUSDT | +0.0100% | 4h | 0.3477 | +0.107% | $4.4M | $6.8M | 75x | as long as short |
| OKX KAITO-USDT-SWAP | +0.0100% | 4h | 0.3473 | −0.009% | $4.2M | $10.0M | 50x | as long as short |
| Gate KAITO_USDT | +0.0100% | 4h | 0.3476 | +0.078% | $684K | $1.7M | 75x | as long as short |
| MEXC KAITO_USDT | +0.0100% | 4h | 0.3474 | +0.020% | $3.3M | $1.0M | 50x | as long as short |
Injective KAITO/USDC PERP
Reya KAITORUSDPERP
BloFin KAITO-USDT
Aster KAITOUSDT
Pacifica KAITO
Binance KAITOUSDT
Bybit KAITOUSDT
OKX KAITO-USDT-SWAP
Gate KAITO_USDT
MEXC KAITO_USDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin KAITOUSDTM | +0.0100% | 4h | 0.3477 | +0.107% | $1.4M | $166K | 30x | as long as short |
| Bitget KAITOUSDTshort | +0.0100% | 4h | 0.3479 | +0.164% | $4.3M | $3.0M | 75x | |
| BingX KAITO-USDC | +0.0100% | 4h | 0.3475 | +0.049% | — | $6.5M | — | as long as short |
| Backpack KAITO_USDC_PERPlong | +0.0100% | 1h | 0.3473 | long leg | $18K | $164K | 10x | |
| Variational Omni KAITO | +0.0100% | 4h | 0.3476 | +0.078% | $44K | $230K | — | as long as short |
| GRVT KAITO_USDT_Perp | +0.0100% | 4h | 0.3476 | +0.080% | $235K | $3.0M | 10x | as long as short |
| ApeX Omni KAITOUSDT | +0.0100% | 1h | 0.3474 | +0.020% | $30K | $257K | 50x | as long as short |
| Polymarket Perps KAITO-USD | +0.0100% | 1h | 0.3477 | +0.118% | $11K | $4.2M | 5x | as long as short |
| Orderly PERP_KAITO_USDC_mythos | +0.0100% | 4h | 0.3474 | +0.035% | $3K | $2K | 10x | as long as short |
| Paradex KAITO-USD-PERP | +0.0102% | 8h | 0.3475 | +0.041% | $4K | $604 | 10x | as long as short |
| Extended KAITO-USD | +0.0104% | 1h | 0.3474 | +0.030% | $62K | $41K | 10x | as long as short |
| Aevo KAITO-PERP | +0.0104% | 1h | 0.3475 | +0.035% | $241K | $1K | 3x | as long as short |
| edgeX KAITOUSDC | +0.0113% | 4h | 0.3474 | +0.034% | $17K | $321K | 5x | as long as short |
| Hyperliquid KAITO | +0.0958% | 1h | 0.3482 | +0.239% | $2.0M | $767K | 5x | as long as short |
| Kraken Futures PF_KAITOUSD | +0.1006% | 1h | 0.3474 | +0.018% | $239K | $157K | 10x | as long as short |
| Lighter KAITO | +0.1464% | 1h | 0.3492 | +0.527% | $83K | $83K | 5x | as long as short |
| 01 Exchange KAITOUSD | +0.8928% | 1h | 0.3570 | +2.781% | $6K | $2K | 3x | as long as short |
KuCoin KAITOUSDTM
BingX KAITO-USDC
Variational Omni KAITO
GRVT KAITO_USDT_Perp
ApeX Omni KAITOUSDT
Polymarket Perps KAITO-USD
Orderly PERP_KAITO_USDC_mythos
Paradex KAITO-USD-PERP
Extended KAITO-USD
Aevo KAITO-PERP
edgeX KAITOUSDC
Hyperliquid KAITO
Kraken Futures PF_KAITOUSD
Lighter KAITO
01 Exchange KAITOUSD