Funding arb · Price arb /

KAITO

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0012%/8h= +1.3% APRpaid last 24h +0.001%

Price spread now: Paradex against GRVT−0.318%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on GRVT Short on Paradex

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropGRVT: Active · Paradex: Active · farm boardneeds both histories

Funding pays, the price is against you. Paradex is 0.318% cheaper against GRVT than usual: you would sell low and buy high (spread −0.318% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$32 on $10k: about 3 months of funding at the current rate ($0 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GRVT KAITO_USDT_Perp	0.3534	0.0100	pay 0.0050% / 4h	3h 29m	$244K	$2.5M	10x
Short	Paradex KAITO-USD-PERP	0.3523	0.0112	get 0.0112% / 8h	3h 29m	$4K	$604	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex 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 ParadexbpOrdersPrice spread, now −0.318%Rate

Funding earned: $2.56
Price spread: −0.318% → 0.000%: −$31.8
Slippage, 4 orders: no order book: not counted
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee Paradex: 2 bp × 2 orders: −$4
Net: −$42.24
Costs to cover: 0.130%
Break-even: 122.6 days

Slippage unknown: GRVT: live order book, 4 min ago; Paradex: no order-book sample. Net counts fees only.

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, 4 min ago	8.50 bp	15.8 bp −$16	54.1 bp −$541	doesn't fit	doesn't fit
Sell Paradex no order-book sample	—	—	—	—	—

Paradex: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.0365%	1h	0.3527	−0.209%	$20K	$178K	10x	as long as short
Reya KAITORUSDPERP	0.0000%	1h	0.3370	−4.632%	—	—	—	as long as short
Injective KAITO/USDC PERP	+0.0009%	1h	0.3544	+0.281%	$7K	$52K	12x	as long as short
Kraken Futures PF_KAITOUSD	+0.0030%	1h	0.3526	−0.231%	$247K	$156K	10x	as long as short
Aster KAITOUSDT	+0.0100%	4h	0.3529	−0.147%	$119K	$50K	10x	as long as short
Pacifica KAITO	+0.0100%	1h	0.3527	−0.196%	$18K	$14K	5x	as long as short
Binance KAITOUSDT	+0.0100%	4h	0.3525	−0.257%	$10.8M	$16.9M	75x	as long as short
Bybit KAITOUSDT	+0.0100%	4h	0.3528	−0.172%	$4.4M	$7.7M	75x	as long as short
OKX KAITO-USDT-SWAP	+0.0100%	4h	0.3523	−0.313%	$4.3M	$10.7M	50x	as long as short
Gate KAITO_USDT	+0.0100%	4h	0.3526	−0.228%	$668K	$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	0.3526	−0.228%	$3.2M	$1.1M	50x	as long as short
KuCoin KAITOUSDTM	+0.0100%	4h	0.3529	−0.143%	$1.4M	$168K	30x	as long as short
Bitget KAITOUSDT	+0.0100%	4h	0.3528	−0.172%	$4.4M	$3.4M	75x	as long as short
BingX KAITO-USDT	+0.0100%	4h	0.3529	−0.143%	—	$6.7M	—	as long as short
Variational Omni KAITO	+0.0100%	4h	0.3535	+0.023%	$44K	$211K	—	as long as short
GRVT KAITO_USDT_Perplong	+0.0100%	4h	0.3534	long leg	$244K	$2.5M	10x
ApeX Omni KAITOUSDT	+0.0100%	1h	0.3530	−0.115%	$30K	$260K	50x	as long as short
Polymarket Perps KAITO-USD	+0.0100%	1h	0.3525	−0.243%	$19K	$4.5M	5x	as long as short
Orderly PERP_KAITO_USDC_mythos	+0.0100%	4h	0.3528	−0.160%	$3K	$2K	10x	as long as short
Extended KAITO-USD	+0.0104%	1h	0.3525	−0.257%	$79K	$62K	10x	as long as short
Aevo KAITO-PERP	+0.0104%	1h	0.3529	−0.143%	$245K	—	3x	as long as short
edgeX KAITOUSDC	+0.0109%	4h	0.3531	−0.100%	$17K	$326K	5x	as long as short
Paradex KAITO-USD-PERPshort	+0.0112%	8h	0.3523	−0.318%	$4K	$604	10x
BloFin KAITO-USDT	+0.0128%	4h	0.3535	+0.026%	$562K	$68K	75x	as long as short
Hyperliquid KAITO	+0.0656%	1h	0.3530	−0.127%	$2.1M	$825K	5x	as long as short
Lighter KAITO	+0.1208%	1h	0.3538	+0.120%	$88K	$101K	5x	as long as short
01 Exchange KAITOUSD	+0.5184%	1h	0.3600	+1.866%	$6K	$2K	3x	as long as short