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

KAITO

all KAITO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.020%
Price spread now: GRVT against Bybit−0.117%60s7-day average −0.075% · you buy dearer than you sell
Net, funding: paid 7d − costs−$99as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$970.972% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.017%−$2 on $10k
Price spread, last 7 days+0.033%+$3 · spread now −0.117%, 7d avg −0.075%
Together, before fees+0.016%+ Points / potential airdropGRVT: Active · farm board+$2 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 0.043% cheaper against Bybit than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.075%. The two prices were read 60 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit KAITOUSDT0.35140.0100pay 0.0050% / 4h2h 24m$4.5M$7.1M75x
ShortGRVT KAITO_USDT_Perp0.35100.0100get 0.0050% / 4h2h 24m$240K$2.8M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT 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

Funding earned
$0
Price spread: −0.117% → −0.075%
−$4.28
Slippage, 4 orders
−$77.23
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$101.51
Costs to cover
0.972%
Break-even
never at this rate
Slippage from Bybit: 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
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 3 min ago2.84 bp23.2 bp −$2375.8 bp −$758doesn't fitdoesn't fit
Sell GRVT live order book, 4 min ago7.12 bp39.2 bp −$39130.0 bp −$1,300doesn't fitdoesn't fit

KAITO on 26 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−0.0398%1h0.3510−0.105%$20K$174K10xas long as short
Injective KAITO/USDC PERP−0.0064%1h0.3474−1.138%$7K$52K12xas long as short
Reya KAITORUSDPERP0.0000%1h0.3370−4.087%as long as short
Aster KAITOUSDT+0.0100%4h0.3513−0.041%$117K$38K10xas long as short
Pacifica KAITO+0.0100%1h0.3515+0.015%$18K$15K5xas long as short
Binance KAITOUSDT+0.0100%4h0.3510−0.114%$10.7M$16.3M75xas long as short
Bybit KAITOUSDTlong+0.0100%4h0.3514long leg$4.5M$7.1M75x
OKX KAITO-USDT-SWAP+0.0100%4h0.3507−0.199%$4.3M$10.3M50xas long as short
Gate KAITO_USDT+0.0100%4h0.3515+0.028%$684K$1.7M75xas long as short
MEXC KAITO_USDT+0.0100%4h0.3512−0.057%$3.3M$1.0M50xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin KAITOUSDTM+0.0100%4h0.3511−0.085%$1.4M$163K30xas long as short
Bitget KAITOUSDT+0.0100%4h0.3517+0.085%$4.4M$3.2M75xas long as short
BingX KAITO-USDC+0.0100%4h0.3513−0.028%$6.5Mas long as short
Variational Omni KAITO+0.0100%4h0.3518+0.112%$44K$229Kas long as short
GRVT KAITO_USDT_Perpshort+0.0100%4h0.3510−0.117%$240K$2.8M10x
ApeX Omni KAITOUSDT+0.0100%1h0.3501−0.370%$30K$256K50xas long as short
Orderly PERP_KAITO_USDC_mythos+0.0100%4h0.3514−0.003%$3K$2K10xas long as short
Extended KAITO-USD+0.0104%1h0.3512−0.048%$78K$54K10xas long as short
Aevo KAITO-PERP+0.0104%1h0.3514+0.014%$244K3xas long as short
edgeX KAITOUSDC+0.0105%4h0.3511−0.084%$17K$323K5xas long as short
Paradex KAITO-USD-PERP+0.0119%8h0.3511−0.079%$4K$60410xas long as short
Polymarket Perps KAITO-USD+0.0142%1h0.3516+0.060%$17K$4.2M5xas long as short
Hyperliquid KAITO+0.0967%1h0.3518+0.102%$2.1M$783K5xas long as short
Kraken Futures PF_KAITOUSD+0.0967%1h0.3511−0.083%$244K$147K10xas long as short
Lighter KAITO+0.1408%1h0.3527+0.356%$87K$93K5xas long as short
01 Exchange KAITOUSD+0.6680%1h0.3580+1.878%$6K$2K3xas long as short