Funding arb · Price arb /

KAITO

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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 +0.020%

Price spread now: Aster against GRVT−0.021%50s7-day average +0.021% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$620.617% of the position

Long on GRVT Short on Aster

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)+0.020%+$2 on $10k

Price spread, last 4 days (all we have)+0.279%+$28 · spread now −0.021%, 7d avg +0.021%

Together, before fees+0.299%+ Points / potential airdropGRVT: Active · Aster: Stage 5 · farm board+$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: Aster is 0.041% cheaper against GRVT than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.021%. The two prices were read 50 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	GRVT KAITO_USDT_Perp	0.3476	0.0100	pay 0.0050% / 4h	28m 47s	$235K	$3.0M	10x
Short	Aster KAITOUSDT	0.3475	0.0100	get 0.0050% / 4h	28m 47s	$116K	$34K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against GRVT. 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 GRVTbpFee AsterbpOrdersPrice spread, now −0.021%Rate

Funding earned: $0
Price spread: −0.021% → +0.021%: −$4.12
Slippage, 4 orders: −$44.71
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee Aster: 4 bp × 2 orders: −$8
Net: −$65.83
Costs to cover: 0.617%
Break-even: never at this rate

Slippage from GRVT: live order book, 5 min ago; Aster: live order book, 47 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 GRVT live order book, 5 min ago	5.75 bp	14.1 bp −$14	67.0 bp −$670	doesn't fit	doesn't fit
Sell Aster live order book, 47 min ago	2.87 bp	12.4 bp −$12	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
Injective KAITO/USDC PERP	−0.0010%	1h	0.3476	0.000%	$7K	$52K	12x	as long as short
Reya KAITORUSDPERP	0.0000%	1h	0.3370	−3.043%	—	—	—	as long as short
Aster KAITOUSDTshort	+0.0100%	4h	0.3475	−0.021%	$116K	$34K	10x
Pacifica KAITO	+0.0100%	1h	0.3475	−0.029%	$18K	$12K	5x	as long as short
Binance KAITOUSDT	+0.0100%	4h	0.3476	0.000%	$10.5M	$15.7M	75x	as long as short
Bybit KAITOUSDT	+0.0100%	4h	0.3479	+0.086%	$4.4M	$6.8M	75x	as long as short
OKX KAITO-USDT-SWAP	+0.0100%	4h	0.3476	0.000%	$4.2M	$10.0M	50x	as long as short
Gate KAITO_USDT	+0.0100%	4h	0.3479	+0.086%	$678K	$1.7M	75x	as long as short
MEXC KAITO_USDT	+0.0100%	4h	0.3475	−0.029%	$3.3M	$1.0M	50x	as long as short
KuCoin KAITOUSDTM	+0.0100%	4h	0.3479	+0.086%	$1.4M	$166K	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	0.3481	+0.144%	$4.3M	$3.0M	75x	as long as short
BingX KAITO-USDC	+0.0100%	4h	0.3478	+0.058%	—	$6.5M	—	as long as short
Backpack KAITO_USDC_PERP	+0.0100%	1h	0.3476	−0.009%	$19K	$164K	10x	as long as short
Variational Omni KAITO	+0.0100%	4h	0.3479	+0.089%	$44K	$230K	—	as long as short
GRVT KAITO_USDT_Perplong	+0.0100%	4h	0.3476	long leg	$235K	$3.0M	10x
ApeX Omni KAITOUSDT	+0.0100%	1h	0.3477	+0.029%	$30K	$257K	50x	as long as short
Polymarket Perps KAITO-USD	+0.0100%	1h	0.3478	+0.063%	$11K	$4.2M	5x	as long as short
Orderly PERP_KAITO_USDC_mythos	+0.0100%	4h	0.3476	−0.003%	$3K	$2K	10x	as long as short
Paradex KAITO-USD-PERP	+0.0101%	8h	0.3478	+0.045%	$4K	$604	10x	as long as short
Extended KAITO-USD	+0.0104%	1h	0.3478	+0.061%	$62K	$41K	10x	as long as short
Aevo KAITO-PERP	+0.0104%	1h	0.3478	+0.067%	$241K	$1K	3x	as long as short
edgeX KAITOUSDC	+0.0114%	4h	0.3476	+0.007%	$17K	$323K	5x	as long as short
BloFin KAITO-USDT	+0.0149%	4h	0.3476	0.000%	$546K	$61K	75x	as long as short
Hyperliquid KAITO	+0.0929%	1h	0.3483	+0.216%	$2.0M	$760K	5x	as long as short
Kraken Futures PF_KAITOUSD	+0.1006%	1h	0.3476	+0.009%	$240K	$156K	10x	as long as short
Lighter KAITO	+0.1456%	1h	0.3493	+0.486%	$83K	$82K	5x	as long as short
01 Exchange KAITOUSD	+0.8752%	1h	0.3571	+2.733%	$6K	$2K	3x	as long as short