Funding arb · Price arb /

KAITO

all KAITO markets

Swap Backtest

Alert: funding

Alert: spread

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

Price spread now: BingX against Gate−0.057%7-day average −0.021% · you buy dearer than you sell

Net, funding: paid 7d − costs−$63as in the Funding arb table

Net, price: spread back to 7d avg − costs−$70as in the Price arb table

costs, in and out, $10k−$660.664% of the position

Long on Gate Short on BingX

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+0.041%+$4 · spread now −0.057%, 7d avg −0.021%

Together, before fees+0.075%+$8 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: BingX is 0.036% cheaper against Gate than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.021%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate KAITO_USDT	0.3482	0.0100	pay 0.0050% / 4h	1h 13m	$688K	$1.7M	75x
Short	BingX KAITO-USDT	0.3480	0.0100	get 0.0050% / 4h	1h 13m	—	$6.7M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against Gate. 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 GatebpFee BingXbpOrdersPrice spread, now −0.057%Rate

Funding earned: $0
Price spread: −0.057% → −0.021%: −$3.6
Slippage, 4 orders: −$41.44
Fee Gate: 7.5 bp × 2 orders: −$15
Fee BingX: 5 bp × 2 orders: −$10
Net: −$70.04
Costs to cover: 0.664%
Break-even: never at this rate

Slippage from Gate: live order book, 4 min ago; BingX: live order book, 4 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 Gate live order book, 4 min ago	1.44 bp	23.8 bp −$24	69.3 bp −$693	doesn't fit	doesn't fit
Sell BingX live order book, 4 min ago	4.31 bp	14.1 bp −$14	23.2 bp −$232	142.6 bp −$14.3K	666.0 bp −$333.0K

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	−0.0431%	1h	0.3478	−0.105%	$239K	$158K	10x	as long as short
Injective KAITO/USDC PERP	−0.0055%	1h	0.3461	−0.603%	$7K	$52K	12x	as long as short
Reya KAITORUSDPERP	0.0000%	1h	0.3370	−3.210%	—	—	—	as long as short
Aster KAITOUSDT	+0.0100%	4h	0.3480	−0.044%	$116K	$34K	10x	as long as short
Pacifica KAITO	+0.0100%	1h	0.3480	−0.057%	$18K	$12K	5x	as long as short
Binance KAITOUSDT	+0.0100%	4h	0.3479	−0.086%	$10.5M	$15.6M	75x	as long as short
Bybit KAITOUSDT	+0.0100%	4h	0.3481	−0.029%	$4.3M	$6.7M	75x	as long as short
OKX KAITO-USDT-SWAP	+0.0100%	4h	0.3477	−0.144%	$4.1M	$9.9M	50x	as long as short
Gate KAITO_USDTlong	+0.0100%	4h	0.3482	long leg	$688K	$1.7M	75x
MEXC KAITO_USDT	+0.0100%	4h	0.3479	−0.086%	$3.3M	$1.1M	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	0.3483	+0.029%	$1.4M	$167K	30x	as long as short
Bitget KAITOUSDT	+0.0100%	4h	0.3486	+0.115%	$4.3M	$3.0M	75x	as long as short
BingX KAITO-USDTshort	+0.0100%	4h	0.3480	−0.057%	—	$6.7M	—
Backpack KAITO_USDC_PERP	+0.0100%	1h	0.3478	−0.109%	$19K	$168K	10x	as long as short
Variational Omni KAITO	+0.0100%	4h	0.3480	−0.070%	$44K	$234K	—	as long as short
GRVT KAITO_USDT_Perp	+0.0100%	4h	0.3475	−0.208%	$235K	$3.1M	10x	as long as short
ApeX Omni KAITOUSDT	+0.0100%	1h	0.3476	−0.172%	$30K	$256K	50x	as long as short
Polymarket Perps KAITO-USD	+0.0100%	1h	0.3480	−0.057%	$11K	$4.1M	5x	as long as short
Orderly PERP_KAITO_USDC_mythos	+0.0100%	4h	0.3479	−0.092%	$3K	$2K	10x	as long as short
Paradex KAITO-USD-PERP	+0.0101%	8h	0.3479	−0.087%	$4K	$604	10x	as long as short
Extended KAITO-USD	+0.0104%	1h	0.3479	−0.077%	$62K	$41K	10x	as long as short
Aevo KAITO-PERP	+0.0104%	1h	0.3478	−0.108%	$241K	$1K	3x	as long as short
BloFin KAITO-USDT	+0.0104%	4h	0.3479	−0.086%	$538K	$60K	75x	as long as short
edgeX KAITOUSDC	+0.0118%	4h	0.3475	−0.192%	$17K	$323K	5x	as long as short
Hyperliquid KAITO	+0.0761%	1h	0.3485	+0.098%	$2.0M	$742K	5x	as long as short
Lighter KAITO	+0.1208%	1h	0.3488	+0.184%	$83K	$82K	5x	as long as short
01 Exchange KAITOUSD	+0.1552%	1h	0.3572	+2.570%	$6K	$2K	3x	as long as short