Funding arb · Price arb /

KAITO

all KAITO markets

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 0.000%

Price spread now: Bybit against MEXC+0.115%7-day average +0.067% · you sell dearer than you buy

Net, funding: paid 7d − costs−$58as in the Funding arb table

Net, price: spread back to 7d avg − costs−$58as in the Price arb table

costs, in and out, $10k−$630.629% of the position

Long on MEXC Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.048%+$5 on $10k

Price spread, last 7 days−0.020%−$2 · spread now +0.115%, 7d avg +0.067%

Together, before fees+0.028%+$3 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: Bybit is 0.048% dearer against MEXC than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.067%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC KAITO_USDT	0.3470	0.0100	pay 0.0050% / 4h	2h 25m	$3.3M	$1.0M	50x
Short	Bybit KAITOUSDT	0.3474	0.0100	get 0.0050% / 4h	2h 25m	$4.3M	$6.6M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against MEXC. 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 MEXCbpFee BybitbpOrdersPrice spread, now +0.115%Rate

Funding earned: $0
Price spread: +0.115% → +0.067%: $4.83
Slippage, 4 orders: −$51.92
Fee MEXC: 0 bp × 2 orders: $0
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$58.09
Costs to cover: 0.629%
Break-even: never at this rate

Slippage from MEXC: live order book, 2 min ago; Bybit: live order book, 3 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 MEXC live order book, 2 min ago	1.44 bp	4.9 bp −$5	9.1 bp −$91	69.9 bp −$6,993	doesn't fit
Sell Bybit live order book, 3 min ago	1.44 bp	29.7 bp −$30	81.2 bp −$812	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
Kraken Futures PF_KAITOUSD	−0.0256%	1h	0.3465	−0.156%	$236K	$160K	10x	as long as short
Injective KAITO/USDC PERP	−0.0057%	1h	0.3458	−0.346%	$7K	$52K	12x	as long as short
Reya KAITORUSDPERP	0.0000%	1h	0.3370	−2.875%	—	—	—	as long as short
Aster KAITOUSDT	+0.0100%	4h	0.3469	−0.023%	$116K	$34K	10x	as long as short
Pacifica KAITO	+0.0100%	1h	0.3472	+0.048%	$18K	$12K	5x	as long as short
Binance KAITOUSDT	+0.0100%	4h	0.3470	+0.014%	$10.5M	$15.6M	75x	as long as short
Bybit KAITOUSDTshort	+0.0100%	4h	0.3474	+0.115%	$4.3M	$6.6M	75x
OKX KAITO-USDT-SWAP	+0.0100%	4h	0.3468	−0.058%	$4.1M	$10.0M	50x	as long as short
Gate KAITO_USDT	+0.0100%	4h	0.3471	+0.029%	$674K	$1.7M	75x	as long as short
MEXC KAITO_USDTlong	+0.0100%	4h	0.3470	long leg	$3.3M	$1.0M	50x

Show all 27 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin KAITOUSDTM	+0.0100%	4h	0.3466	−0.115%	$1.4M	$175K	30x	as long as short
Bitget KAITOUSDT	+0.0100%	4h	0.3473	+0.086%	$4.2M	$2.9M	75x	as long as short
BingX KAITO-USDT	+0.0100%	4h	0.3472	+0.058%	—	$6.7M	—	as long as short
Backpack KAITO_USDC_PERP	+0.0100%	1h	0.3469	−0.023%	$18K	$168K	10x	as long as short
Variational Omni KAITO	+0.0100%	4h	0.3472	+0.069%	$43K	$236K	—	as long as short
GRVT KAITO_USDT_Perp	+0.0100%	4h	0.3462	−0.231%	$231K	$3.2M	10x	as long as short
ApeX Omni KAITOUSDT	+0.0100%	1h	0.3462	−0.231%	$29K	$256K	50x	as long as short
Polymarket Perps KAITO-USD	+0.0100%	1h	0.3474	+0.104%	$15K	$4.0M	5x	as long as short
Orderly PERP_KAITO_USDC_mythos	+0.0100%	4h	0.3471	+0.023%	$3K	$2K	10x	as long as short
edgeX KAITOUSDC	+0.0100%	4h	0.3463	−0.211%	$17K	$320K	5x	as long as short
Paradex KAITO-USD-PERP	+0.0103%	8h	0.3472	+0.063%	$4K	$604	10x	as long as short
Extended KAITO-USD	+0.0104%	1h	0.3472	+0.049%	$62K	$41K	10x	as long as short
Aevo KAITO-PERP	+0.0104%	1h	0.3471	+0.014%	$241K	$1K	3x	as long as short
BloFin KAITO-USDT	+0.0109%	4h	0.3469	−0.029%	$539K	$60K	75x	as long as short
01 Exchange KAITOUSD	+0.0224%	1h	0.3471	+0.014%	$6K	$2K	3x	as long as short
Hyperliquid KAITO	+0.0613%	1h	0.3477	+0.202%	$2.0M	$744K	5x	as long as short
Lighter KAITO	+0.1024%	1h	0.3479	+0.259%	$83K	$82K	5x	as long as short