Funding arb · Price arb /

KAITO

all KAITO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Gate against BingX+0.057%7-day average +0.025% · you sell dearer than you buy

Net, funding: paid 7d − costs−$104as in the Funding arb table

Net, price: spread back to 7d avg − costs−$97as in the Price arb table

costs, in and out, $10k−$1001.004% of the position

Long on BingX Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.031%−$3 on $10k

Price spread, last 7 days−0.029%−$3 · spread now +0.057%, 7d avg +0.025%

Together, before fees−0.060%−$6 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: Gate is 0.032% dearer against BingX than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.025%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX KAITO-USDC	0.3515	0.0100	pay 0.0050% / 4h	52m 51s	—	$6.5M	—
Short	Gate KAITO_USDT	0.3517	0.0100	get 0.0050% / 4h	52m 51s	$656K	$1.7M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against BingX. 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 BingXbpFee GatebpOrdersPrice spread, now +0.057%Rate

Funding earned: $0
Price spread: +0.057% → +0.025%: $3.17
Slippage, 4 orders: −$75.4
Fee BingX: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$97.23
Costs to cover: 1.004%
Break-even: never at this rate

Slippage from BingX: live order book, 13 min ago; Gate: live order book, 5 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 BingX live order book, 13 min ago	1.42 bp	27.9 bp −$28	164.5 bp −$1,645	824.1 bp −$82.4K	1129.8 bp −$564.9K
Sell Gate live order book, 5 min ago	2.85 bp	21.1 bp −$21	70.2 bp −$702	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
Reya KAITORUSDPERP	0.0000%	1h	0.3370	−4.116%	—	—	—	as long as short
Injective KAITO/USDC PERP	+0.0068%	1h	0.3512	−0.085%	$7K	$52K	12x	as long as short
Aster KAITOUSDT	+0.0100%	4h	0.3517	+0.063%	$118K	$51K	10x	as long as short
Pacifica KAITO	+0.0100%	1h	0.3518	+0.079%	$18K	$14K	5x	as long as short
Binance KAITOUSDT	+0.0100%	4h	0.3516	+0.022%	$10.7M	$17.3M	75x	as long as short
Bybit KAITOUSDT	+0.0100%	4h	0.3515	0.000%	$4.4M	$8.1M	75x	as long as short
OKX KAITO-USDT-SWAP	+0.0100%	4h	0.3511	−0.114%	$4.3M	$11.1M	50x	as long as short
Gate KAITO_USDTshort	+0.0100%	4h	0.3517	+0.057%	$656K	$1.7M	75x
MEXC KAITO_USDT	+0.0100%	4h	0.3515	0.000%	$3.0M	$1.2M	50x	as long as short
KuCoin KAITOUSDTM	+0.0100%	4h	0.3519	+0.114%	$1.4M	$162K	30x	as long as short

Show all 27 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget KAITOUSDT	+0.0100%	4h	0.3515	0.000%	$4.4M	$3.5M	75x	as long as short
BingX KAITO-USDClong	+0.0100%	4h	0.3515	long leg	—	$6.5M	—
Backpack KAITO_USDC_PERP	+0.0100%	1h	0.3515	+0.009%	$19K	$192K	10x	as long as short
Variational Omni KAITO	+0.0100%	4h	0.3514	−0.033%	$44K	$211K	—	as long as short
GRVT KAITO_USDT_Perp	+0.0100%	4h	0.3522	+0.209%	$250K	$2.4M	10x	as long as short
ApeX Omni KAITOUSDT	+0.0100%	1h	0.3513	−0.057%	$29K	$259K	50x	as long as short
Polymarket Perps KAITO-USD	+0.0100%	1h	0.3517	+0.060%	$15K	$4.8M	5x	as long as short
Orderly PERP_KAITO_USDC_mythos	+0.0100%	4h	0.3518	+0.085%	$3K	$2K	10x	as long as short
Extended KAITO-USD	+0.0104%	1h	0.3516	+0.031%	$80K	$63K	10x	as long as short
Aevo KAITO-PERP	+0.0104%	1h	0.3515	+0.014%	$244K	—	3x	as long as short
edgeX KAITOUSDC	+0.0108%	4h	0.3514	−0.029%	$17K	$325K	5x	as long as short
Paradex KAITO-USD-PERP	+0.0116%	8h	0.3518	+0.087%	$4K	$604	10x	as long as short
BloFin KAITO-USDT	+0.0119%	4h	0.3513	−0.057%	$553K	$67K	75x	as long as short
Hyperliquid KAITO	+0.0288%	1h	0.3521	+0.182%	$2.1M	$870K	5x	as long as short
Kraken Futures PF_KAITOUSD	+0.0664%	1h	0.3516	+0.020%	$247K	$158K	10x	as long as short
Lighter KAITO	+0.0984%	1h	0.3529	+0.410%	$87K	$102K	5x	as long as short
01 Exchange KAITOUSD	+0.7304%	1h	0.3592	+2.182%	$6K	$988	3x	as long as short