Funding you earn now, next payment 06:00 UTC+0.0160%/8h= +17.5% APRpaid last 24h +0.156%
Price spread now: Bybit against Injective−0.627%98s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.882%−$88 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. Bybit is 0.627% cheaper against Injective than usual: you would sell low and buy high (spread −0.627% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$63 on $10k: about 13 days of funding at the current rate (+$5 a day). Mind the row above: over the last 7 days funding on this pair cost −0.882%, so the current rate has only just turned in your favour. The two prices were read 98 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 | Injective KAITO/USDC PERP | 0.3507 | −0.0060 | get 0.0007% / 1h | 37m 48s | $7K | $52K | 12x |
| Short | Bybit KAITOUSDT | 0.3485 | 0.0100 | get 0.0050% / 4h | 2h 37m | $4.3M | $7.9M | 75x |
Injective KAITO/USDC PERP
Bybit KAITOUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Injective. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $33.59
- Price spread: −0.627% → 0.000%
- −$62.73
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$40.16
- Costs to cover
- 0.110%
- Break-even
- 15.4 days
Slippage unknown: Injective: no order-book sample; Bybit: live order book, 5 min ago. 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 Injective no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 5 min ago | 1.43 bp | 26.1 bp −$26 | 72.3 bp −$723 | doesn't fit | doesn't fit |
Injective: 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 | −0.0353% | 1h | 0.3477 | −0.867% | $20K | $184K | 10x | as long as short |
| Injective KAITO/USDC PERPlong | −0.0060% | 1h | 0.3507 | long leg | $7K | $52K | 12x | |
| Reya KAITORUSDPERP | 0.0000% | 1h | 0.3370 | −3.896% | — | — | — | as long as short |
| BloFin KAITO-USDT | +0.0047% | 4h | 0.3471 | −1.027% | $556K | $67K | 75x | as long as short |
| Aster KAITOUSDT | +0.0100% | 4h | 0.3479 | −0.808% | $117K | $50K | 10x | as long as short |
| Pacifica KAITO | +0.0100% | 1h | 0.3481 | −0.741% | $18K | $14K | 5x | as long as short |
| Binance KAITOUSDT | +0.0100% | 4h | 0.3482 | −0.725% | $10.6M | $17.0M | 75x | as long as short |
| Bybit KAITOUSDTshort | +0.0100% | 4h | 0.3485 | −0.627% | $4.3M | $7.9M | 75x | |
| OKX KAITO-USDT-SWAP | +0.0100% | 4h | 0.3483 | −0.684% | $4.3M | $10.8M | 50x | as long as short |
| Gate KAITO_USDT | +0.0100% | 4h | 0.3475 | −0.912% | $653K | $1.7M | 75x | as long as short |
Backpack KAITO_USDC_PERP
Reya KAITORUSDPERP
BloFin KAITO-USDT
Aster KAITOUSDT
Pacifica KAITO
Binance KAITOUSDT
OKX KAITO-USDT-SWAP
Gate KAITO_USDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC KAITO_USDT | +0.0100% | 4h | 0.3481 | −0.741% | $3.1M | $1.1M | 50x | as long as short |
| KuCoin KAITOUSDTM | +0.0100% | 4h | 0.3478 | −0.827% | $1.4M | $179K | 30x | as long as short |
| Bitget KAITOUSDT | +0.0100% | 4h | 0.3480 | −0.770% | $4.4M | $3.4M | 75x | as long as short |
| BingX KAITO-USDT | +0.0100% | 4h | 0.3480 | −0.770% | — | $6.7M | — | as long as short |
| Variational Omni KAITO | +0.0100% | 4h | 0.3488 | −0.543% | $44K | $211K | — | as long as short |
| GRVT KAITO_USDT_Perp | +0.0100% | 4h | 0.3490 | −0.485% | $248K | $2.5M | 10x | as long as short |
| ApeX Omni KAITOUSDT | +0.0100% | 1h | 0.3485 | −0.627% | $29K | $261K | 50x | as long as short |
| Polymarket Perps KAITO-USD | +0.0100% | 1h | 0.3480 | −0.781% | $11K | $4.6M | 5x | as long as short |
| Orderly PERP_KAITO_USDC_mythos | +0.0100% | 4h | 0.3473 | −0.955% | $3K | $2K | 10x | as long as short |
| Extended KAITO-USD | +0.0104% | 1h | 0.3481 | −0.753% | $80K | $63K | 10x | as long as short |
| Aevo KAITO-PERP | +0.0104% | 1h | 0.3476 | −0.884% | $241K | — | 3x | as long as short |
| Paradex KAITO-USD-PERP | +0.0106% | 8h | 0.3485 | −0.633% | $4K | $604 | 10x | as long as short |
| edgeX KAITOUSDC | +0.0114% | 4h | 0.3500 | −0.195% | $17K | $324K | 5x | as long as short |
| Kraken Futures PF_KAITOUSD | +0.0388% | 1h | 0.3478 | −0.818% | $244K | $154K | 10x | as long as short |
| Hyperliquid KAITO | +0.0760% | 1h | 0.3486 | −0.590% | $2.0M | $847K | 5x | as long as short |
| Lighter KAITO | +0.1400% | 1h | 0.3497 | −0.299% | $87K | $100K | 5x | as long as short |
| 01 Exchange KAITOUSD | +0.8472% | 1h | 0.3568 | +1.751% | $6K | $1K | 3x | as long as short |
MEXC KAITO_USDT
KuCoin KAITOUSDTM
Bitget KAITOUSDT
BingX KAITO-USDT
Variational Omni KAITO
GRVT KAITO_USDT_Perp
ApeX Omni KAITOUSDT
Polymarket Perps KAITO-USD
Orderly PERP_KAITO_USDC_mythos
Extended KAITO-USD
Aevo KAITO-PERP
Paradex KAITO-USD-PERP
edgeX KAITOUSDC
Kraken Futures PF_KAITOUSD
Hyperliquid KAITO
Lighter KAITO
01 Exchange KAITOUSD