Funding you earn now, next payment 09:00 UTC+0.0258%/8h= +28.3% APRpaid last 24h +0.023%
Price spread now: KuCoin against Backpack+0.100%7-day average +0.044% · you sell dearer than you buy
Net, funding: paid 7d − costs−$247as in the Funding arb table
Net, price: spread back to 7d avg − costs−$210as in the Price arb table
costs, in and out, $10k−$2162.161% of the position
Funding, last 7 days−0.312%−$31 on $10k
+Price spread, last 4 days (all we have)−0.046%−$5 · spread now +0.100%, 7d avg +0.044%
=Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and KuCoin is 0.056% dearer against Backpack than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.044%. Mind the row above: over the last 7 days funding on this pair cost −0.312%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack KAITO_USDC_PERP | 0.3503 | −0.0158 | get 0.0020% / 1h | 11m 24s | $18K | $200K | 10x |
| Short | KuCoin KAITOUSDTM | 0.3507 | 0.0100 | get 0.0050% / 4h | 3h 11m | $1.4M | $171K | 30x |
Backpack KAITO_USDC_PERP
KuCoin KAITOUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $54.24
- Price spread: +0.100% → +0.044%
- $5.6
- Slippage, 4 orders
- −$194.09
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$156.25
- Costs to cover
- 2.161%
- Break-even
- 27.2 days
Slippage from Backpack: live order book, 22 min ago; KuCoin: 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 Backpack live order book, 22 min ago | 0.86 bp | 14.7 bp −$15 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 4 min ago | 4.27 bp | 145.6 bp −$146 | 897.5 bp −$8,975 | 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 | −0.101% | $247K | $164K | 10x | as long as short |
| Backpack KAITO_USDC_PERPlong | −0.0158% | 1h | 0.3503 | long leg | $18K | $200K | 10x | |
| Reya KAITORUSDPERP | 0.0000% | 1h | 0.3370 | −3.800% | — | — | — | as long as short |
| Injective KAITO/USDC PERP | +0.0020% | 1h | 0.3535 | +0.899% | $7K | $52K | 12x | as long as short |
| Aster KAITOUSDT | +0.0100% | 4h | 0.3509 | +0.160% | $116K | $63K | 10x | as long as short |
| Pacifica KAITO | +0.0100% | 1h | 0.3507 | +0.110% | $19K | $15K | 5x | as long as short |
| Binance KAITOUSDT | +0.0100% | 4h | 0.3506 | +0.060% | $10.7M | $18.0M | 75x | as long as short |
| Bybit KAITOUSDT | +0.0100% | 4h | 0.3506 | +0.071% | $4.5M | $8.9M | 75x | as long as short |
| OKX KAITO-USDT-SWAP | +0.0100% | 4h | 0.3503 | −0.014% | $4.3M | $11.6M | 50x | as long as short |
| Gate KAITO_USDT | +0.0100% | 4h | 0.3507 | +0.100% | $654K | $1.8M | 75x | as long as short |
Kraken Futures PF_KAITOUSD
Reya KAITORUSDPERP
Injective KAITO/USDC PERP
Aster KAITOUSDT
Pacifica KAITO
Binance KAITOUSDT
Bybit KAITOUSDT
OKX KAITO-USDT-SWAP
Gate KAITO_USDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC KAITO_USDT | +0.0100% | 4h | 0.3506 | +0.071% | $3.5M | $1.3M | 50x | as long as short |
| KuCoin KAITOUSDTMshort | +0.0100% | 4h | 0.3507 | +0.100% | $1.4M | $171K | 30x | |
| Bitget KAITOUSDT | +0.0100% | 4h | 0.3508 | +0.128% | $4.5M | $3.7M | 75x | as long as short |
| BingX KAITO-USDT | +0.0100% | 4h | 0.3505 | +0.043% | — | $6.8M | — | as long as short |
| Variational Omni KAITO | +0.0100% | 4h | 0.3515 | +0.328% | $44K | $210K | — | as long as short |
| GRVT KAITO_USDT_Perp | +0.0100% | 4h | 0.3512 | +0.254% | $245K | $2.3M | 10x | as long as short |
| ApeX Omni KAITOUSDT | +0.0100% | 1h | 0.3500 | −0.100% | $29K | $258K | 50x | as long as short |
| Polymarket Perps KAITO-USD | +0.0100% | 1h | 0.3504 | +0.014% | $18K | $5.0M | 5x | as long as short |
| Orderly PERP_KAITO_USDC_mythos | +0.0100% | 4h | 0.3504 | +0.029% | $3K | $2K | 10x | as long as short |
| edgeX KAITOUSDC | +0.0103% | 4h | 0.3512 | +0.242% | $17K | $329K | 5x | as long as short |
| Paradex KAITO-USD-PERP | +0.0104% | 8h | 0.3508 | +0.132% | $4K | $604 | 10x | as long as short |
| Extended KAITO-USD | +0.0104% | 1h | 0.3505 | +0.047% | $80K | $63K | 10x | as long as short |
| Aevo KAITO-PERP | +0.0104% | 1h | 0.3504 | +0.029% | $243K | — | 3x | as long as short |
| BloFin KAITO-USDT | +0.0153% | 4h | 0.3503 | −0.014% | $550K | $67K | 75x | as long as short |
| Hyperliquid KAITO | +0.0171% | 1h | 0.3509 | +0.157% | $2.0M | $950K | 5x | as long as short |
| Lighter KAITO | +0.0872% | 1h | 0.3522 | +0.537% | $87K | $102K | 5x | as long as short |
| 01 Exchange KAITOUSD | +0.4072% | 1h | 0.3580 | +2.186% | $6K | $609 | 3x | as long as short |
MEXC KAITO_USDT
Bitget KAITOUSDT
BingX KAITO-USDT
Variational Omni KAITO
GRVT KAITO_USDT_Perp
ApeX Omni KAITOUSDT
Polymarket Perps KAITO-USD
Orderly PERP_KAITO_USDC_mythos
edgeX KAITOUSDC
Paradex KAITO-USD-PERP
Extended KAITO-USD
Aevo KAITO-PERP
BloFin KAITO-USDT
Hyperliquid KAITO
Lighter KAITO
01 Exchange KAITOUSD