Funding arb · Price arb /

KAITO

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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: OKX against Bybit−0.113%7-day average −0.062% · you buy dearer than you sell

Net, funding: paid 7d − costs−$84as in the Funding arb table

Net, price: spread back to 7d avg − costs−$80as in the Price arb table

costs, in and out, $10k−$740.744% of the position

Long on Bybit Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.098%−$10 on $10k

Price spread, last 7 days+0.006%+$1 · spread now −0.113%, 7d avg −0.062%

Together, before fees−0.092%−$9 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: OKX is 0.051% cheaper against Bybit than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.062%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit KAITOUSDT	0.3541	0.0100	pay 0.0050% / 4h	3h 51m	$4.4M	$7.7M	75x
Short	OKX KAITO-USDT-SWAP	0.3537	0.0100	get 0.0050% / 4h	3h 51m	$4.4M	$10.7M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now −0.113%Rate

Funding earned: $0
Price spread: −0.113% → −0.062%: −$5.12
Slippage, 4 orders: −$53.44
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee OKX: 5 bp × 2 orders: −$10
Net: −$79.56
Costs to cover: 0.744%
Break-even: never at this rate

Slippage from Bybit: live order book, 2 min ago; OKX: 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, 2 min ago	2.82 bp	23.3 bp −$23	82.6 bp −$826	doesn't fit	doesn't fit
Sell OKX live order book, 2 min ago	1.41 bp	15.2 bp −$15	44.0 bp −$440	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
Backpack KAITO_USDC_PERP	−0.0443%	1h	0.3542	+0.023%	$19K	$177K	10x	as long as short
Reya KAITORUSDPERP	0.0000%	1h	0.3370	−4.818%	—	—	—	as long as short
Injective KAITO/USDC PERP	+0.0009%	1h	0.3531	−0.282%	$7K	$52K	12x	as long as short
Kraken Futures PF_KAITOUSD	+0.0030%	1h	0.3542	+0.027%	$248K	$156K	10x	as long as short
Aster KAITOUSDT	+0.0100%	4h	0.3540	−0.016%	$120K	$51K	10x	as long as short
Pacifica KAITO	+0.0100%	1h	0.3541	−0.007%	$18K	$14K	5x	as long as short
Binance KAITOUSDT	+0.0100%	4h	0.3539	−0.068%	$10.8M	$16.8M	75x	as long as short
Bybit KAITOUSDTlong	+0.0100%	4h	0.3541	long leg	$4.4M	$7.7M	75x
OKX KAITO-USDT-SWAPshort	+0.0100%	4h	0.3537	−0.113%	$4.4M	$10.7M	50x
Gate KAITO_USDT	+0.0100%	4h	0.3539	−0.056%	$674K	$1.7M	75x	as long as short

Show all 27 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC KAITO_USDT	+0.0100%	4h	0.3541	0.000%	$3.2M	$1.1M	50x	as long as short
KuCoin KAITOUSDTM	+0.0100%	4h	0.3542	+0.028%	$1.4M	$167K	30x	as long as short
Bitget KAITOUSDT	+0.0100%	4h	0.3546	+0.141%	$4.5M	$3.4M	75x	as long as short
BingX KAITO-USDT	+0.0100%	4h	0.3540	−0.028%	—	$6.7M	—	as long as short
Variational Omni KAITO	+0.0100%	4h	0.3528	−0.356%	$44K	$211K	—	as long as short
GRVT KAITO_USDT_Perp	+0.0100%	4h	0.3543	+0.056%	$244K	$2.6M	10x	as long as short
ApeX Omni KAITOUSDT	+0.0100%	1h	0.3539	−0.056%	$28K	$258K	50x	as long as short
Polymarket Perps KAITO-USD	+0.0100%	1h	0.3543	+0.045%	$20K	$4.4M	5x	as long as short
Orderly PERP_KAITO_USDC_mythos	+0.0100%	4h	0.3539	−0.051%	$3K	$2K	10x	as long as short
Extended KAITO-USD	+0.0104%	1h	0.3539	−0.056%	$79K	$62K	10x	as long as short
Aevo KAITO-PERP	+0.0104%	1h	0.3543	+0.056%	$246K	—	3x	as long as short
Paradex KAITO-USD-PERP	+0.0113%	8h	0.3540	−0.035%	$4K	$604	10x	as long as short
edgeX KAITOUSDC	+0.0114%	4h	0.3538	−0.076%	$17K	$324K	5x	as long as short
BloFin KAITO-USDT	+0.0122%	4h	0.3545	+0.113%	$558K	$68K	75x	as long as short
Hyperliquid KAITO	+0.0654%	1h	0.3547	+0.165%	$2.1M	$817K	5x	as long as short
01 Exchange KAITOUSD	+0.0664%	1h	0.3538	−0.082%	$6K	$2K	3x	as long as short
Lighter KAITO	+0.1144%	1h	0.3551	+0.294%	$87K	$92K	5x	as long as short