Funding arb · Price arb /

KAITO

all KAITO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: ApeX Omni against Bybit+0.287%99s7-day average −0.074% · you sell dearer than you buy

Net, funding: paid 7d − costs−$479as 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−$4814.805% of the position

Long on Bybit Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days+0.012%+$1 on $10k

Price spread, last 4 days (all we have)−0.311%−$31 · spread now +0.287%, 7d avg −0.074%

Together, before fees−0.298%−$30 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: ApeX Omni is 0.361% dearer against Bybit than usual: you sell high and buy low, +$36 on $10k if it goes back to its 7-day average of −0.074%. The two prices were read 99 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	Bybit KAITOUSDT	0.3483	0.0100	pay 0.0050% / 4h	1h 31m	$4.3M	$8.0M	75x
Short	ApeX Omni KAITOUSDT	0.3493	0.0100	get 0.0013% / 1h	31m 56s	$29K	$259K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni 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 ApeX OmnibpOrdersPrice spread, now +0.287%Rate

Funding earned: $0
Price spread: +0.287% → −0.074%: $36.11
Slippage, 4 orders: −$459.55
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$444.43
Costs to cover: 4.805%
Break-even: never at this rate

Slippage from Bybit: live order book, 6 min ago; ApeX Omni: live order book, 10 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, 6 min ago	1.43 bp	19.8 bp −$20	77.2 bp −$772	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 10 min ago	7.14 bp	200.2 bp −$200	doesn't fit	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	−3.236%	—	—	—	as long as short
Injective KAITO/USDC PERP	+0.0044%	1h	0.3495	+0.345%	$7K	$52K	12x	as long as short
Aster KAITOUSDT	+0.0100%	4h	0.3483	−0.008%	$117K	$51K	10x	as long as short
Pacifica KAITO	+0.0100%	1h	0.3486	+0.089%	$18K	$14K	5x	as long as short
Binance KAITOUSDT	+0.0100%	4h	0.3483	+0.010%	$10.6M	$17.3M	75x	as long as short
Bybit KAITOUSDTlong	+0.0100%	4h	0.3483	long leg	$4.3M	$8.0M	75x
OKX KAITO-USDT-SWAP	+0.0100%	4h	0.3479	−0.115%	$4.2M	$11.0M	50x	as long as short
Gate KAITO_USDT	+0.0100%	4h	0.3484	+0.029%	$656K	$1.7M	75x	as long as short
MEXC KAITO_USDT	+0.0100%	4h	0.3482	−0.029%	$3.0M	$1.2M	50x	as long as short
KuCoin KAITOUSDTM	+0.0100%	4h	0.3486	+0.086%	$1.4M	$164K	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	0.3485	+0.057%	$4.4M	$3.5M	75x	as long as short
BingX KAITO-USDT	+0.0100%	4h	0.3484	+0.029%	—	$6.7M	—	as long as short
Backpack KAITO_USDC_PERP	+0.0100%	1h	0.3483	−0.014%	$20K	$188K	10x	as long as short
Variational Omni KAITO	+0.0100%	4h	0.3491	+0.227%	$44K	$211K	—	as long as short
GRVT KAITO_USDT_Perp	+0.0100%	4h	0.3492	+0.258%	$238K	$2.5M	10x	as long as short
ApeX Omni KAITOUSDTshort	+0.0100%	1h	0.3493	+0.287%	$29K	$259K	50x
Polymarket Perps KAITO-USD	+0.0100%	1h	0.3485	+0.049%	$14K	$4.7M	5x	as long as short
Orderly PERP_KAITO_USDC_mythos	+0.0100%	4h	0.3483	+0.006%	$3K	$2K	10x	as long as short
Extended KAITO-USD	+0.0104%	1h	0.3483	+0.005%	$80K	$63K	10x	as long as short
Aevo KAITO-PERP	+0.0104%	1h	0.3484	+0.024%	$242K	—	3x	as long as short
edgeX KAITOUSDC	+0.0117%	4h	0.3492	+0.260%	$17K	$326K	5x	as long as short
Paradex KAITO-USD-PERP	+0.0120%	8h	0.3483	+0.011%	$4K	$604	10x	as long as short
BloFin KAITO-USDT	+0.0143%	4h	0.3486	+0.086%	$550K	$66K	75x	as long as short
Hyperliquid KAITO	+0.0694%	1h	0.3486	+0.072%	$2.0M	$867K	5x	as long as short
Kraken Futures PF_KAITOUSD	+0.0814%	1h	0.3485	+0.053%	$244K	$156K	10x	as long as short
Lighter KAITO	+0.1496%	1h	0.3499	+0.451%	$86K	$102K	5x	as long as short
01 Exchange KAITOUSD	+0.8360%	1h	0.3575	+2.630%	$6K	$988	3x	as long as short