Funding arb · Price arb /

KAITO

all KAITO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.020%

Price spread now: GRVT against Bitget−0.116%63s7-day average +0.004% · you buy dearer than you sell

Net, funding: paid 7d − costs−$71as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$680.678% of the position

Long on Bitget Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days−0.034%−$3 on $10k

Price spread, last 7 days+0.083%+$8 · spread now −0.116%, 7d avg +0.004%

Together, before fees+0.050%+ Points / potential airdropGRVT: Active · farm board+$5 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: GRVT is 0.120% cheaper against Bitget than usual: you would sell low and buy high, −$12 on $10k if it goes back to its 7-day average of +0.004%. The two prices were read 63 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	Bitget KAITOUSDT	0.3445	0.0100	pay 0.0050% / 4h	2h 44m	$4.2M	$2.9M	75x
Short	GRVT KAITO_USDT_Perp	0.3441	0.0100	get 0.0050% / 4h	2h 44m	$229K	$3.2M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT against Bitget. 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 BitgetbpFee GRVTbpOrdersPrice spread, now −0.116%Rate

Funding earned: $0
Price spread: −0.116% → +0.004%: −$12.02
Slippage, 4 orders: −$46.8
Fee Bitget: 6 bp × 2 orders: −$12
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$79.83
Costs to cover: 0.678%
Break-even: never at this rate

Slippage from Bitget: live order book, 3 min ago; GRVT: 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 Bitget live order book, 3 min ago	2.90 bp	14.1 bp −$14	41.6 bp −$416	doesn't fit	doesn't fit
Sell GRVT live order book, 4 min ago	5.82 bp	20.2 bp −$20	113.8 bp −$1,138	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	−0.0257%	1h	0.3440	−0.135%	$235K	$160K	10x	as long as short
Injective KAITO/USDC PERP	−0.0057%	1h	0.3442	−0.087%	$7K	$52K	12x	as long as short
Reya KAITORUSDPERP	0.0000%	1h	0.3370	−2.170%	—	—	—	as long as short
Aster KAITOUSDT	+0.0100%	4h	0.3444	−0.040%	$115K	$34K	10x	as long as short
Pacifica KAITO	+0.0100%	1h	0.3441	−0.107%	$17K	$12K	5x	as long as short
Binance KAITOUSDT	+0.0100%	4h	0.3441	−0.112%	$10.4M	$15.6M	75x	as long as short
Bybit KAITOUSDT	+0.0100%	4h	0.3444	−0.029%	$4.2M	$6.6M	75x	as long as short
OKX KAITO-USDT-SWAP	+0.0100%	4h	0.3440	−0.145%	$4.1M	$10.0M	50x	as long as short
Gate KAITO_USDT	+0.0100%	4h	0.3444	−0.029%	$670K	$1.7M	75x	as long as short
MEXC KAITO_USDT	+0.0100%	4h	0.3440	−0.145%	$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	0.3442	−0.087%	$1.4M	$183K	30x	as long as short
Bitget KAITOUSDTlong	+0.0100%	4h	0.3445	long leg	$4.2M	$2.9M	75x
BingX KAITO-USDC	+0.0100%	4h	0.3443	−0.058%	—	$6.5M	—	as long as short
Backpack KAITO_USDC_PERP	+0.0100%	1h	0.3441	−0.113%	$18K	$168K	10x	as long as short
Variational Omni KAITO	+0.0100%	4h	0.3445	+0.001%	$43K	$237K	—	as long as short
GRVT KAITO_USDT_Perpshort	+0.0100%	4h	0.3441	−0.116%	$229K	$3.2M	10x
ApeX Omni KAITOUSDT	+0.0100%	1h	0.3439	−0.174%	$29K	$256K	50x	as long as short
Polymarket Perps KAITO-USD	+0.0100%	1h	0.3443	−0.064%	$26K	$3.9M	5x	as long as short
Orderly PERP_KAITO_USDC_mythos	+0.0100%	4h	0.3443	−0.055%	$3K	$2K	10x	as long as short
BloFin KAITO-USDT	+0.0103%	4h	0.3441	−0.116%	$540K	$60K	75x	as long as short
Paradex KAITO-USD-PERP	+0.0104%	8h	0.3440	−0.138%	$4K	$604	10x	as long as short
Extended KAITO-USD	+0.0104%	1h	0.3442	−0.083%	$61K	$41K	10x	as long as short
Aevo KAITO-PERP	+0.0104%	1h	0.3443	−0.073%	$239K	$1K	3x	as long as short
edgeX KAITOUSDC	+0.0116%	4h	0.3442	−0.098%	$17K	$322K	5x	as long as short
01 Exchange KAITOUSD	+0.0264%	1h	0.3442	−0.090%	$6K	$2K	3x	as long as short
Hyperliquid KAITO	+0.0674%	1h	0.3448	+0.093%	$2.0M	$740K	5x	as long as short
Lighter KAITO	+0.0984%	1h	0.3450	+0.136%	$82K	$82K	5x	as long as short