Settings8H · net · $10k
Funding arb · Price arb /

KAITO

all KAITO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.006%
Price spread now: Polymarket Perps against BingX−0.063%7-day average −0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$97as in the Funding arb table
Net, price: spread back to 7d avg − costs−$65as in the Price arb table
costs, in and out, $10k−$590.594% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.375%−$38 on $10k
Price spread, last 7 days+0.022%+$2 · spread now −0.063%, 7d avg −0.004%
Together, before fees−0.353%−$35 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: Polymarket Perps is 0.059% cheaper against BingX than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of −0.004%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX KAITO-USDC0.35130.0100pay 0.0050% / 4h2h 19m$6.5M
ShortPolymarket Perps KAITO-USD0.35110.0100get 0.0013% / 1h19m 48s$10K$4.6M5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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

Funding earned
$0
Price spread: −0.063% → −0.004%
−$5.91
Slippage, 4 orders
−$41.44
Fee BingX: 5 bp × 2 orders
−$10
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$65.35
Costs to cover
0.594%
Break-even
never at this rate
Slippage from BingX: live order book, 16 min ago; Polymarket Perps: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 16 min ago1.43 bp18.6 bp −$19154.1 bp −$1,541835.1 bp −$83.5K1177.1 bp −$588.6K
Sell Polymarket Perps live order book, 4 min ago2.73 bp6.7 bp −$78.3 bp −$83doesn't fitdoesn't fit

KAITO on 27 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Backpack KAITO_USDC_PERP−0.0168%1h0.3513+0.009%$20K$186K10xas long as short
Injective KAITO/USDC PERP−0.0060%1h0.3470−1.224%$7K$52K12xas long as short
Reya KAITORUSDPERP0.0000%1h0.3370−4.059%as long as short
Aster KAITOUSDT+0.0100%4h0.3512−0.028%$118K$51K10xas long as short
Pacifica KAITO+0.0100%1h0.3508−0.143%$18K$14K5xas long as short
Binance KAITOUSDT+0.0100%4h0.35130.000%$10.7M$17.1M75xas long as short
Bybit KAITOUSDT+0.0100%4h0.3517+0.114%$4.4M$8.0M75xas long as short
OKX KAITO-USDT-SWAP+0.0100%4h0.3511−0.057%$4.3M$11.0M50xas long as short
Gate KAITO_USDT+0.0100%4h0.3514+0.028%$660K$1.7M75xas long as short
MEXC KAITO_USDT+0.0100%4h0.3514+0.028%$3.0M$1.2M50xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin KAITOUSDTM+0.0100%4h0.3510−0.085%$1.4M$179K30xas long as short
Bitget KAITOUSDT+0.0100%4h0.3519+0.171%$4.4M$3.5M75xas long as short
BingX KAITO-USDClong+0.0100%4h0.3513long leg$6.5M
Variational Omni KAITO+0.0100%4h0.3499−0.387%$44K$211Kas long as short
GRVT KAITO_USDT_Perp+0.0100%4h0.3477−1.030%$247K$2.5M10xas long as short
ApeX Omni KAITOUSDT+0.0100%1h0.3476−1.053%$29K$261K50xas long as short
Polymarket Perps KAITO-USDshort+0.0100%1h0.3511−0.063%$10K$4.6M5x
Orderly PERP_KAITO_USDC_mythos+0.0100%4h0.3508−0.128%$3K$2K10xas long as short
BloFin KAITO-USDT+0.0102%4h0.3498−0.427%$551K$68K75xas long as short
Extended KAITO-USD+0.0104%1h0.3513−0.008%$80K$63K10xas long as short
Aevo KAITO-PERP+0.0104%1h0.3510−0.082%$244K3xas long as short
edgeX KAITOUSDC+0.0105%4h0.3476−1.053%$17K$325K5xas long as short
Paradex KAITO-USD-PERP+0.0111%8h0.3509−0.107%$4K$60410xas long as short
Kraken Futures PF_KAITOUSD+0.0385%1h0.3512−0.015%$246K$155K10xas long as short
Hyperliquid KAITO+0.0839%1h0.3518+0.131%$2.1M$855K5xas long as short
Lighter KAITO+0.1504%1h0.3522+0.259%$87K$100K5xas long as short
01 Exchange KAITOUSD+0.8288%1h0.3588+2.124%$6K$1K3xas long as short