Funding arb · Price arb /

KAITO

all KAITO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0115%/8h= +12.6% APRpaid last 24h +0.146%

Price spread now: Variational Omni against Injective+0.488%46s7-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 Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

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

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

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Variational Omni is 0.488% dearer against Injective than usual: you sell high and buy low: +$49 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 46 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	0.3476	−0.0015	get 0.0002% / 1h	40m 31s	$7K	$52K	12x
Short	Variational Omni KAITO	0.3493	0.0100	get 0.0050% / 4h	3h 40m	$44K	$230K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni 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 Variational OmnibpOrdersPrice spread, now +0.488%Rate

Funding earned: $24.13
Price spread: +0.488% → 0.000%: $48.79
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Variational Omni: 0 bp × 2 orders: $0
Net: $72.9
Costs to cover: 0.000%
Break-even: from the start

Slippage unknown: Injective: no order-book sample; Variational Omni: RFQ quote, 33 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 Variational Omni RFQ quote, 33 min ago	5.75 bp	doesn't fit	69.0 bp −$690	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
Injective KAITO/USDC PERPlong	−0.0015%	1h	0.3476	long leg	$7K	$52K	12x
Reya KAITORUSDPERP	0.0000%	1h	0.3370	−3.044%	—	—	—	as long as short
BloFin KAITO-USDT	+0.0073%	4h	0.3490	+0.403%	$546K	$61K	75x	as long as short
Aster KAITOUSDT	+0.0100%	4h	0.3489	+0.381%	$116K	$34K	10x	as long as short
Pacifica KAITO	+0.0100%	1h	0.3491	+0.432%	$18K	$12K	5x	as long as short
Binance KAITOUSDT	+0.0100%	4h	0.3491	+0.432%	$10.6M	$15.7M	75x	as long as short
Bybit KAITOUSDT	+0.0100%	4h	0.3495	+0.547%	$4.4M	$6.8M	75x	as long as short
OKX KAITO-USDT-SWAP	+0.0100%	4h	0.3490	+0.403%	$4.2M	$10.0M	50x	as long as short
MEXC KAITO_USDT	+0.0100%	4h	0.3490	+0.403%	$3.4M	$1.0M	50x	as long as short
KuCoin KAITOUSDTM	+0.0100%	4h	0.3493	+0.489%	$1.4M	$165K	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	0.3494	+0.518%	$4.3M	$3.0M	75x	as long as short
BingX KAITO-USDT	+0.0100%	4h	0.3492	+0.460%	—	$6.7M	—	as long as short
Backpack KAITO_USDC_PERP	+0.0100%	1h	0.3487	+0.314%	$18K	$161K	10x	as long as short
Variational Omni KAITOshort	+0.0100%	4h	0.3493	+0.488%	$44K	$230K	—
GRVT KAITO_USDT_Perp	+0.0100%	4h	0.3486	+0.297%	$235K	$2.9M	10x	as long as short
ApeX Omni KAITOUSDT	+0.0100%	1h	0.3480	+0.115%	$30K	$257K	50x	as long as short
Polymarket Perps KAITO-USD	+0.0100%	1h	0.3493	+0.503%	$15K	$4.1M	5x	as long as short
Orderly PERP_KAITO_USDC_mythos	+0.0100%	4h	0.3489	+0.383%	$3K	$2K	10x	as long as short
Paradex KAITO-USD-PERP	+0.0102%	8h	0.3493	+0.485%	$4K	$604	10x	as long as short
Extended KAITO-USD	+0.0104%	1h	0.3494	+0.511%	$78K	$57K	10x	as long as short
Aevo KAITO-PERP	+0.0104%	1h	0.3489	+0.385%	$242K	—	3x	as long as short
edgeX KAITOUSDC	+0.0110%	4h	0.3488	+0.346%	$17K	$321K	5x	as long as short
Gate KAITO_USDT	+0.0308%	4h	0.3492	+0.460%	$697K	$1.7M	75x	as long as short
Kraken Futures PF_KAITOUSD	+0.0852%	1h	0.3490	+0.395%	$241K	$156K	10x	as long as short
Hyperliquid KAITO	+0.0977%	1h	0.3498	+0.624%	$2.0M	$767K	5x	as long as short
Lighter KAITO	+0.1736%	1h	0.3501	+0.725%	$89K	$89K	5x	as long as short
01 Exchange KAITOUSD	+0.6976%	1h	0.3491	+0.426%	$6K	$2K	3x	as long as short