Funding arb · Price arb /

KAITO

all KAITO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: MEXC against Bybit−0.143%7-day average −0.067% · you buy dearer than you sell

Net, funding: paid 7d − costs−$61as in the Funding arb table

Net, price: spread back to 7d avg − costs−$65as in the Price arb table

costs, in and out, $10k−$580.576% of the position

Long on Bybit Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.035%−$3 on $10k

Price spread, last 7 days+0.036%+$4 · spread now −0.143%, 7d avg −0.067%

Together, before fees+0.001%$0 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: MEXC is 0.076% cheaper against Bybit than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of −0.067%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit KAITOUSDT	0.3487	0.0100	pay 0.0050% / 4h	1h 30m	$4.3M	$8.0M	75x
Short	MEXC KAITO_USDT	0.3482	0.0100	get 0.0050% / 4h	1h 30m	$3.0M	$1.2M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now −0.143%Rate

Funding earned: $0
Price spread: −0.143% → −0.067%: −$7.64
Slippage, 4 orders: −$46.65
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee MEXC: 0 bp × 2 orders: $0
Net: −$65.29
Costs to cover: 0.576%
Break-even: never at this rate

Slippage from Bybit: live order book, 8 min ago; MEXC: live order book, 2 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, 8 min ago	1.43 bp	19.8 bp −$20	77.2 bp −$772	doesn't fit	doesn't fit
Sell MEXC live order book, 2 min ago	2.87 bp	5.3 bp −$5	10.5 bp −$105	84.6 bp −$8,457	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	−3.347%	—	—	—	as long as short
Injective KAITO/USDC PERP	+0.0044%	1h	0.3495	+0.229%	$7K	$52K	12x	as long as short
BloFin KAITO-USDT	+0.0061%	4h	0.3484	−0.086%	$550K	$66K	75x	as long as short
Aster KAITOUSDT	+0.0100%	4h	0.3483	−0.110%	$117K	$51K	10x	as long as short
Pacifica KAITO	+0.0100%	1h	0.3484	−0.098%	$18K	$14K	5x	as long as short
Binance KAITOUSDT	+0.0100%	4h	0.3483	−0.110%	$10.6M	$17.2M	75x	as long as short
Bybit KAITOUSDTlong	+0.0100%	4h	0.3487	long leg	$4.3M	$8.0M	75x
OKX KAITO-USDT-SWAP	+0.0100%	4h	0.3483	−0.115%	$4.2M	$11.0M	50x	as long as short
Gate KAITO_USDT	+0.0100%	4h	0.3484	−0.086%	$654K	$1.7M	75x	as long as short
MEXC KAITO_USDTshort	+0.0100%	4h	0.3482	−0.143%	$3.0M	$1.2M	50x

Show all 27 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin KAITOUSDTM	+0.0100%	4h	0.3486	−0.029%	$1.4M	$164K	30x	as long as short
Bitget KAITOUSDT	+0.0100%	4h	0.3485	−0.057%	$4.4M	$3.5M	75x	as long as short
BingX KAITO-USDC	+0.0100%	4h	0.3485	−0.057%	—	$6.5M	—	as long as short
Backpack KAITO_USDC_PERP	+0.0100%	1h	0.3483	−0.115%	$19K	$189K	10x	as long as short
Variational Omni KAITO	+0.0100%	4h	0.3486	−0.032%	$44K	$211K	—	as long as short
GRVT KAITO_USDT_Perp	+0.0100%	4h	0.3488	+0.026%	$238K	$2.5M	10x	as long as short
ApeX Omni KAITOUSDT	+0.0100%	1h	0.3486	−0.029%	$29K	$259K	50x	as long as short
Polymarket Perps KAITO-USD	+0.0100%	1h	0.3485	−0.052%	$14K	$4.7M	5x	as long as short
Orderly PERP_KAITO_USDC_mythos	+0.0100%	4h	0.3483	−0.109%	$3K	$2K	10x	as long as short
Extended KAITO-USD	+0.0104%	1h	0.3483	−0.110%	$80K	$63K	10x	as long as short
Aevo KAITO-PERP	+0.0104%	1h	0.3483	−0.115%	$242K	—	3x	as long as short
edgeX KAITOUSDC	+0.0115%	4h	0.3485	−0.057%	$17K	$326K	5x	as long as short
Paradex KAITO-USD-PERP	+0.0119%	8h	0.3483	−0.122%	$4K	$604	10x	as long as short
Hyperliquid KAITO	+0.0690%	1h	0.3487	−0.011%	$2.0M	$867K	5x	as long as short
Kraken Futures PF_KAITOUSD	+0.0814%	1h	0.3484	−0.080%	$244K	$156K	10x	as long as short
Lighter KAITO	+0.1504%	1h	0.3499	+0.350%	$86K	$102K	5x	as long as short
01 Exchange KAITOUSD	+0.8400%	1h	0.3574	+2.498%	$6K	$988	3x	as long as short