Funding arb · Price arb /

KAITO

all KAITO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0157%/8h= −17.2% APRpaid last 24h −0.143%

Price spread now: Injective against BingX0.000%57s7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on BingX Short on Injective

What this pair did over the last

the charts below follow

Funding, last 7 days+0.813%+$81 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$5 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.813%, so the current rate has only just turned against you. The two prices were read 57 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	BingX KAITO-USDT	0.3458	0.0100	pay 0.0050% / 4h	2h 32m	—	$6.7M	—
Short	Injective KAITO/USDC PERP	0.3458	−0.0057	pay 0.0007% / 1h	32m 29s	$7K	$52K	12x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective 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 InjectivebpOrdersPrice spread, now 0.000%Rate

Funding earned: −$32.97
Price spread: 0.000% → 0.000%: $0
Slippage, 4 orders: no order book: not counted
Fee BingX: 5 bp × 2 orders: −$10
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: −$42.99
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: BingX: live order book, just now; Injective: 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 BingX live order book, just now	2.89 bp	12.9 bp −$13	21.7 bp −$217	215.3 bp −$21.5K	672.7 bp −$336.4K
Sell Injective no order-book sample	—	—	—	—	—

Injective: 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
Kraken Futures PF_KAITOUSD	−0.0256%	1h	0.3453	−0.141%	$236K	$160K	10x	as long as short
Injective KAITO/USDC PERPshort	−0.0057%	1h	0.3458	0.000%	$7K	$52K	12x
Reya KAITORUSDPERP	0.0000%	1h	0.3370	−2.538%	—	—	—	as long as short
Aster KAITOUSDT	+0.0100%	4h	0.3457	−0.041%	$116K	$34K	10x	as long as short
Pacifica KAITO	+0.0100%	1h	0.3457	−0.021%	$18K	$12K	5x	as long as short
Binance KAITOUSDT	+0.0100%	4h	0.3457	−0.043%	$10.4M	$15.6M	75x	as long as short
Bybit KAITOUSDT	+0.0100%	4h	0.3459	+0.029%	$4.3M	$6.6M	75x	as long as short
OKX KAITO-USDT-SWAP	+0.0100%	4h	0.3454	−0.116%	$4.1M	$10.0M	50x	as long as short
Gate KAITO_USDT	+0.0100%	4h	0.3459	+0.029%	$671K	$1.7M	75x	as long as short
MEXC KAITO_USDT	+0.0100%	4h	0.3455	−0.087%	$3.3M	$1.0M	50x	as long as short

Show all 27 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin KAITOUSDTM	+0.0100%	4h	0.3460	+0.058%	$1.4M	$183K	30x	as long as short
Bitget KAITOUSDT	+0.0100%	4h	0.3462	+0.116%	$4.2M	$2.9M	75x	as long as short
BingX KAITO-USDTlong	+0.0100%	4h	0.3458	long leg	—	$6.7M	—
Backpack KAITO_USDC_PERP	+0.0100%	1h	0.3455	−0.078%	$18K	$168K	10x	as long as short
Variational Omni KAITO	+0.0100%	4h	0.3458	+0.011%	$43K	$237K	—	as long as short
GRVT KAITO_USDT_Perp	+0.0100%	4h	0.3455	−0.088%	$242K	$3.2M	10x	as long as short
ApeX Omni KAITOUSDT	+0.0100%	1h	0.3456	−0.058%	$29K	$256K	50x	as long as short
Polymarket Perps KAITO-USD	+0.0100%	1h	0.3459	+0.017%	$12K	$4.0M	5x	as long as short
Orderly PERP_KAITO_USDC_mythos	+0.0100%	4h	0.3457	−0.032%	$3K	$2K	10x	as long as short
Paradex KAITO-USD-PERP	+0.0103%	8h	0.3458	+0.006%	$4K	$604	10x	as long as short
Extended KAITO-USD	+0.0104%	1h	0.3458	−0.012%	$62K	$41K	10x	as long as short
Aevo KAITO-PERP	+0.0104%	1h	0.3456	−0.049%	$240K	$1K	3x	as long as short
edgeX KAITOUSDC	+0.0109%	4h	0.3457	−0.022%	$17K	$321K	5x	as long as short
BloFin KAITO-USDT	+0.0135%	4h	0.3455	−0.087%	$538K	$60K	75x	as long as short
01 Exchange KAITOUSD	+0.0248%	1h	0.3456	−0.046%	$6K	$2K	3x	as long as short
Hyperliquid KAITO	+0.0619%	1h	0.3463	+0.150%	$2.0M	$741K	5x	as long as short
Lighter KAITO	+0.1000%	1h	0.3467	+0.254%	$82K	$82K	5x	as long as short