Funding arb · Price arb /

KAITO

all KAITO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0157%/8h= +17.2% APRpaid last 24h +0.143%

Price spread now: Orderly against Injective+0.139%7-day average — · you sell dearer than you buy

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

Long on Injective Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

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

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Orderly is 0.139% dearer against Injective than usual: you sell high and buy low: +$14 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective KAITO/USDC PERP	0.3458	−0.0057	get 0.0007% / 1h	26m 46s	$7K	$52K	12x
Short	Orderly PERP_KAITO_USDC_mythos	0.3463	0.0100	get 0.0050% / 4h	2h 26m	$3K	$2K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly against Injective. 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 InjectivebpFee OrderlybpOrdersPrice spread, now +0.139%Rate

Funding earned: $32.97
Price spread: +0.139% → 0.000%: $13.88
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Orderly: 3 bp × 2 orders: −$6
Net: $40.83
Costs to cover: 0.060%
Break-even: from the start

Slippage unknown: Injective: no order-book sample; Orderly: 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 Injective no order-book sample	—	—	—	—	—
Sell Orderly no order-book sample	—	—	—	—	—

Injective and Orderly: 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
Kraken Futures PF_KAITOUSD	−0.0256%	1h	0.3461	+0.087%	$236K	$160K	10x	as long as short
Injective KAITO/USDC PERPlong	−0.0057%	1h	0.3458	long leg	$7K	$52K	12x
Reya KAITORUSDPERP	0.0000%	1h	0.3370	−2.537%	—	—	—	as long as short
Aster KAITOUSDT	+0.0100%	4h	0.3463	+0.130%	$116K	$34K	10x	as long as short
Pacifica KAITO	+0.0100%	1h	0.3463	+0.145%	$18K	$12K	5x	as long as short
Binance KAITOUSDT	+0.0100%	4h	0.3466	+0.245%	$10.5M	$15.6M	75x	as long as short
Bybit KAITOUSDT	+0.0100%	4h	0.3471	+0.376%	$4.3M	$6.6M	75x	as long as short
OKX KAITO-USDT-SWAP	+0.0100%	4h	0.3463	+0.145%	$4.1M	$10.0M	50x	as long as short
Gate KAITO_USDT	+0.0100%	4h	0.3464	+0.174%	$672K	$1.7M	75x	as long as short
MEXC KAITO_USDT	+0.0100%	4h	0.3464	+0.174%	$3.3M	$1.0M	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	0.3464	+0.174%	$1.4M	$183K	30x	as long as short
Bitget KAITOUSDT	+0.0100%	4h	0.3467	+0.260%	$4.2M	$2.9M	75x	as long as short
BingX KAITO-USDT	+0.0100%	4h	0.3466	+0.231%	—	$6.7M	—	as long as short
Backpack KAITO_USDC_PERP	+0.0100%	1h	0.3463	+0.153%	$18K	$168K	10x	as long as short
Variational Omni KAITO	+0.0100%	4h	0.3460	+0.068%	$43K	$237K	—	as long as short
GRVT KAITO_USDT_Perp	+0.0100%	4h	0.3456	−0.057%	$242K	$3.2M	10x	as long as short
ApeX Omni KAITOUSDT	+0.0100%	1h	0.3458	0.000%	$29K	$256K	50x	as long as short
Polymarket Perps KAITO-USD	+0.0100%	1h	0.3466	+0.226%	$9K	$4.0M	5x	as long as short
Orderly PERP_KAITO_USDC_mythosshort	+0.0100%	4h	0.3463	+0.139%	$3K	$2K	10x
Paradex KAITO-USD-PERP	+0.0103%	8h	0.3465	+0.194%	$4K	$604	10x	as long as short
Extended KAITO-USD	+0.0104%	1h	0.3465	+0.206%	$62K	$41K	10x	as long as short
Aevo KAITO-PERP	+0.0104%	1h	0.3464	+0.181%	$240K	$1K	3x	as long as short
edgeX KAITOUSDC	+0.0114%	4h	0.3457	−0.025%	$17K	$322K	5x	as long as short
BloFin KAITO-USDT	+0.0123%	4h	0.3457	−0.029%	$538K	$60K	75x	as long as short
01 Exchange KAITOUSD	+0.0232%	1h	0.3463	+0.159%	$6K	$2K	3x	as long as short
Hyperliquid KAITO	+0.0614%	1h	0.3473	+0.444%	$2.0M	$743K	5x	as long as short
Lighter KAITO	+0.1024%	1h	0.3474	+0.468%	$83K	$82K	5x	as long as short