Funding you earn now, next payment 06:00 UTC+0.0321%/8h= +35.2% APRpaid last 24h +0.026%
Price spread now: Paradex against Backpack+0.347%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Paradex is 0.347% dearer against Backpack than usual: you sell high and buy low: +$35 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack KAITO_USDC_PERP | 0.3497 | −0.0210 | get 0.0026% / 1h | 20m 20s | $20K | $186K | 10x |
| Short | Paradex KAITO-USD-PERP | 0.3509 | 0.0111 | get 0.0111% / 8h | 2h 20m | $4K | $604 | 10x |
Backpack KAITO_USDC_PERP
Paradex KAITO-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex 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
- $67.47
- Price spread: +0.347% → 0.000%
- $34.74
- Slippage, 4 orders
- no order book: not counted
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- $88.21
- Costs to cover
- 0.140%
- Break-even
- from the start
Slippage unknown: Backpack: live order book, 28 min ago; Paradex: no order-book sample. Net counts fees only.
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, 28 min ago | 0.99 bp | 11.5 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
| Sell Paradex no order-book sample | — | — | — | — | — |
Paradex: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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_PERPlong | −0.0210% | 1h | 0.3497 | long leg | $20K | $186K | 10x | |
| Injective KAITO/USDC PERP | −0.0060% | 1h | 0.3470 | −0.775% | $7K | $52K | 12x | as long as short |
| Reya KAITORUSDPERP | 0.0000% | 1h | 0.3370 | −3.623% | — | — | — | as long as short |
| Aster KAITOUSDT | +0.0100% | 4h | 0.3507 | +0.276% | $118K | $51K | 10x | as long as short |
| Pacifica KAITO | +0.0100% | 1h | 0.3508 | +0.311% | $18K | $14K | 5x | as long as short |
| Binance KAITOUSDT | +0.0100% | 4h | 0.3510 | +0.369% | $10.7M | $17.1M | 75x | as long as short |
| Bybit KAITOUSDT | +0.0100% | 4h | 0.3511 | +0.397% | $4.4M | $8.0M | 75x | as long as short |
| OKX KAITO-USDT-SWAP | +0.0100% | 4h | 0.3506 | +0.254% | $4.3M | $11.0M | 50x | as long as short |
| Gate KAITO_USDT | +0.0100% | 4h | 0.3507 | +0.283% | $659K | $1.7M | 75x | as long as short |
| MEXC KAITO_USDT | +0.0100% | 4h | 0.3510 | +0.369% | $3.0M | $1.2M | 50x | as long as short |
Injective KAITO/USDC PERP
Reya KAITORUSDPERP
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 | 0.3504 | +0.197% | $1.4M | $179K | 30x | as long as short |
| Bitget KAITOUSDT | +0.0100% | 4h | 0.3514 | +0.483% | $4.4M | $3.5M | 75x | as long as short |
| BingX KAITO-USDC | +0.0100% | 4h | 0.3505 | +0.226% | — | $6.5M | — | as long as short |
| Variational Omni KAITO | +0.0100% | 4h | 0.3499 | +0.065% | $44K | $211K | — | as long as short |
| GRVT KAITO_USDT_Perp | +0.0100% | 4h | 0.3477 | −0.580% | $247K | $2.5M | 10x | as long as short |
| ApeX Omni KAITOUSDT | +0.0100% | 1h | 0.3476 | −0.603% | $29K | $261K | 50x | as long as short |
| Polymarket Perps KAITO-USD | +0.0100% | 1h | 0.3511 | +0.392% | $10K | $4.6M | 5x | as long as short |
| Orderly PERP_KAITO_USDC_mythos | +0.0100% | 4h | 0.3508 | +0.326% | $3K | $2K | 10x | as long as short |
| BloFin KAITO-USDT | +0.0102% | 4h | 0.3498 | +0.026% | $551K | $68K | 75x | as long as short |
| Extended KAITO-USD | +0.0104% | 1h | 0.3511 | +0.398% | $80K | $63K | 10x | as long as short |
| Aevo KAITO-PERP | +0.0104% | 1h | 0.3497 | +0.009% | $243K | — | 3x | as long as short |
| edgeX KAITOUSDC | +0.0105% | 4h | 0.3476 | −0.603% | $17K | $325K | 5x | as long as short |
| Paradex KAITO-USD-PERPshort | +0.0111% | 8h | 0.3509 | +0.347% | $4K | $604 | 10x | |
| Kraken Futures PF_KAITOUSD | +0.0386% | 1h | 0.3499 | +0.067% | $245K | $154K | 10x | as long as short |
| Hyperliquid KAITO | +0.0835% | 1h | 0.3514 | +0.472% | $2.1M | $855K | 5x | as long as short |
| Lighter KAITO | +0.1488% | 1h | 0.3520 | +0.655% | $87K | $100K | 5x | as long as short |
| 01 Exchange KAITOUSD | +0.8288% | 1h | 0.3588 | +2.588% | $6K | $1K | 3x | as long as short |
KuCoin KAITOUSDTM
Bitget KAITOUSDT
BingX KAITO-USDC
Variational Omni KAITO
GRVT KAITO_USDT_Perp
ApeX Omni KAITOUSDT
Polymarket Perps KAITO-USD
Orderly PERP_KAITO_USDC_mythos
BloFin KAITO-USDT
Extended KAITO-USD
Aevo KAITO-PERP
edgeX KAITOUSDC
Kraken Futures PF_KAITOUSD
Hyperliquid KAITO
Lighter KAITO
01 Exchange KAITOUSD