Funding arb · Price arb /

KAITO

all KAITO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%

Price spread now: Aevo against Bybit−0.043%7-day average −0.066% · you buy dearer than you sell

Net, funding: paid 7d − costs−$158as in the Funding arb table

Net, price: spread back to 7d avg − costs−$156as in the Price arb table

costs, in and out, $10k−$1581.582% of the position

Long on Bybit Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 7 days−0.002%$0 on $10k

Price spread, last 3 days (all we have)+0.007%+$1 · spread now −0.043%, 7d avg −0.066%

Together, before fees+0.005%+$1 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: Aevo is 0.023% dearer against Bybit than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of −0.066%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit KAITOUSDT	0.3459	0.0100	pay 0.0050% / 4h	2h 28m	$4.3M	$6.6M	75x
Short	Aevo KAITO-PERP	0.3458	0.0104	get 0.0013% / 1h	28m 38s	$240K	$1K	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Bybit. 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 BybitbpFee AevobpOrdersPrice spread, now −0.043%Rate

Funding earned: $0.84
Price spread: −0.043% → −0.066%: $2.3
Slippage, 4 orders: −$131.15
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$155.02
Costs to cover: 1.582%
Break-even: 1298.8 days

Slippage from Bybit: live order book, 4 min ago; Aevo: live order book, 60 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 Bybit live order book, 4 min ago	1.45 bp	27.6 bp −$28	73.5 bp −$735	doesn't fit	doesn't fit
Sell Aevo live order book, 60 min ago	36.16 bp	48.5 bp −$49	219.1 bp −$2,191	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	−0.0256%	1h	0.3456	−0.096%	$236K	$160K	10x	as long as short
Injective KAITO/USDC PERP	−0.0057%	1h	0.3458	−0.029%	$7K	$52K	12x	as long as short
Reya KAITORUSDPERP	0.0000%	1h	0.3370	−2.565%	—	—	—	as long as short
Aster KAITOUSDT	+0.0100%	4h	0.3457	−0.063%	$116K	$34K	10x	as long as short
Pacifica KAITO	+0.0100%	1h	0.3459	−0.001%	$18K	$12K	5x	as long as short
Binance KAITOUSDT	+0.0100%	4h	0.3458	−0.042%	$10.4M	$15.6M	75x	as long as short
Bybit KAITOUSDTlong	+0.0100%	4h	0.3459	long leg	$4.3M	$6.6M	75x
OKX KAITO-USDT-SWAP	+0.0100%	4h	0.3455	−0.116%	$4.1M	$10.0M	50x	as long as short
Gate KAITO_USDT	+0.0100%	4h	0.3458	−0.029%	$671K	$1.7M	75x	as long as short
MEXC KAITO_USDT	+0.0100%	4h	0.3457	−0.058%	$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	+0.029%	$1.4M	$183K	30x	as long as short
Bitget KAITOUSDT	+0.0100%	4h	0.3461	+0.058%	$4.2M	$2.9M	75x	as long as short
BingX KAITO-USDC	+0.0100%	4h	0.3457	−0.058%	—	$6.5M	—	as long as short
Backpack KAITO_USDC_PERP	+0.0100%	1h	0.3456	−0.081%	$18K	$168K	10x	as long as short
Variational Omni KAITO	+0.0100%	4h	0.3460	+0.039%	$43K	$237K	—	as long as short
GRVT KAITO_USDT_Perp	+0.0100%	4h	0.3456	−0.086%	$242K	$3.2M	10x	as long as short
ApeX Omni KAITOUSDT	+0.0100%	1h	0.3458	−0.029%	$29K	$256K	50x	as long as short
Polymarket Perps KAITO-USD	+0.0100%	1h	0.3459	+0.006%	$9K	$4.0M	5x	as long as short
Orderly PERP_KAITO_USDC_mythos	+0.0100%	4h	0.3457	−0.061%	$3K	$2K	10x	as long as short
Paradex KAITO-USD-PERP	+0.0103%	8h	0.3459	+0.007%	$4K	$604	10x	as long as short
Extended KAITO-USD	+0.0104%	1h	0.3460	+0.018%	$62K	$41K	10x	as long as short
Aevo KAITO-PERPshort	+0.0104%	1h	0.3458	−0.043%	$240K	$1K	3x
edgeX KAITOUSDC	+0.0114%	4h	0.3457	−0.053%	$17K	$322K	5x	as long as short
BloFin KAITO-USDT	+0.0142%	4h	0.3457	−0.058%	$538K	$60K	75x	as long as short
01 Exchange KAITOUSD	+0.0232%	1h	0.3458	−0.014%	$6K	$2K	3x	as long as short
Hyperliquid KAITO	+0.0608%	1h	0.3464	+0.136%	$2.0M	$743K	5x	as long as short
Lighter KAITO	+0.1008%	1h	0.3469	+0.298%	$82K	$82K	5x	as long as short