Funding arb · Price arb /

KAITO

all KAITO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: GRVT against MEXC+0.356%67s7-day average −0.006% · you sell dearer than you buy

Net, funding: paid 7d − costs−$62as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$660.657% of the position

Long on MEXC Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days+0.041%+$4 on $10k

Price spread, last 7 days−0.322%−$32 · spread now +0.356%, 7d avg −0.006%

Together, before fees−0.281%+ Points / potential airdropGRVT: Active · farm board−$28 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: GRVT is 0.362% dearer against MEXC than usual: you sell high and buy low, +$36 on $10k if it goes back to its 7-day average of −0.006%. The two prices were read 67 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	MEXC KAITO_USDT	0.3517	0.0100	pay 0.0050% / 4h	1h 32m	$3.3M	$1.0M	50x
Short	GRVT KAITO_USDT_Perp	0.3530	0.0100	get 0.0050% / 4h	1h 32m	$237K	$2.7M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT 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 GRVTbpOrdersPrice spread, now +0.356%Rate

Funding earned: $0
Price spread: +0.356% → −0.006%: $36.2
Slippage, 4 orders: −$56.72
Fee MEXC: 0 bp × 2 orders: $0
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$29.52
Costs to cover: 0.657%
Break-even: never at this rate

Slippage from MEXC: live order book, 5 min ago; GRVT: live order book, 1 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, 5 min ago	1.42 bp	1.4 bp −$1	6.9 bp −$69	74.8 bp −$7,479	doesn't fit
Sell GRVT live order book, 1 min ago	11.36 bp	28.5 bp −$29	doesn't fit	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
Injective KAITO/USDC PERP	−0.0368%	1h	0.3510	−0.199%	$7K	$52K	12x	as long as short
Backpack KAITO_USDC_PERP	−0.0140%	1h	0.3520	+0.097%	$20K	$197K	10x	as long as short
Reya KAITORUSDPERP	0.0000%	1h	0.3370	−4.169%	—	—	—	as long as short
Pacifica KAITO	+0.0100%	1h	0.3520	+0.089%	$18K	$15K	5x	as long as short
Binance KAITOUSDT	+0.0100%	4h	0.3518	+0.034%	$10.7M	$16.5M	75x	as long as short
Bybit KAITOUSDT	+0.0100%	4h	0.3523	+0.171%	$4.5M	$7.2M	75x	as long as short
OKX KAITO-USDT-SWAP	+0.0100%	4h	0.3517	0.000%	$4.3M	$10.5M	50x	as long as short
Gate KAITO_USDT	+0.0100%	4h	0.3521	+0.114%	$690K	$1.7M	75x	as long as short
MEXC KAITO_USDTlong	+0.0100%	4h	0.3517	long leg	$3.3M	$1.0M	50x
KuCoin KAITOUSDTM	+0.0100%	4h	0.3521	+0.114%	$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	0.3522	+0.142%	$4.5M	$3.3M	75x	as long as short
BingX KAITO-USDT	+0.0100%	4h	0.3521	+0.114%	—	$6.7M	—	as long as short
GRVT KAITO_USDT_Perpshort	+0.0100%	4h	0.3530	+0.356%	$237K	$2.7M	10x
ApeX Omni KAITOUSDT	+0.0100%	1h	0.3528	+0.313%	$30K	$256K	50x	as long as short
Orderly PERP_KAITO_USDC_mythos	+0.0100%	4h	0.3520	+0.097%	$3K	$2K	10x	as long as short
edgeX KAITOUSDC	+0.0102%	4h	0.3527	+0.274%	$18K	$325K	5x	as long as short
Extended KAITO-USD	+0.0104%	1h	0.3520	+0.078%	$79K	$54K	10x	as long as short
Aevo KAITO-PERP	+0.0104%	1h	0.3519	+0.055%	$244K	—	3x	as long as short
Polymarket Perps KAITO-USD	+0.0108%	1h	0.3520	+0.085%	$14K	$4.2M	5x	as long as short
Variational Omni KAITO	+0.0114%	4h	0.3525	+0.236%	$44K	$228K	—	as long as short
Paradex KAITO-USD-PERP	+0.0142%	8h	0.3519	+0.065%	$4K	$604	10x	as long as short
Aster KAITOUSDT	+0.0148%	4h	0.3519	+0.047%	$120K	$46K	10x	as long as short
BloFin KAITO-USDT	+0.0154%	4h	0.3522	+0.142%	$562K	$66K	75x	as long as short
Kraken Futures PF_KAITOUSD	+0.0696%	1h	0.3522	+0.142%	$247K	$151K	10x	as long as short
Hyperliquid KAITO	+0.0913%	1h	0.3525	+0.216%	$2.1M	$784K	5x	as long as short
Lighter KAITO	+0.1632%	1h	0.3534	+0.492%	$87K	$93K	5x	as long as short
01 Exchange KAITOUSD	+0.7944%	1h	0.3618	+2.866%	$6K	$2K	3x	as long as short