Funding arb · Price arb /

KAITO

all KAITO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: ApeX Omni against OKX−0.087%50s7-day average −0.005% · you buy dearer than you sell

Net, funding: paid 7d − costs−$408as 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−$4174.171% of the position

Long on OKX Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days+0.093%+$9 on $10k

Price spread, last 4 days (all we have)+0.070%+$7 · spread now −0.087%, 7d avg −0.005%

Together, before fees+0.163%+$16 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: ApeX Omni is 0.082% cheaper against OKX than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of −0.005%. The two prices were read 50 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	OKX KAITO-USDT-SWAP	0.3456	0.0100	pay 0.0050% / 4h	48m 38s	$4.2M	$10.7M	50x
Short	ApeX Omni KAITOUSDT	0.3453	0.0100	get 0.0013% / 1h	48m 38s	$29K	$256K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against OKX. 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 OKXbpFee ApeX OmnibpOrdersPrice spread, now −0.087%Rate

Funding earned: $0
Price spread: −0.087% → −0.005%: −$8.17
Slippage, 4 orders: −$397.15
Fee OKX: 5 bp × 2 orders: −$10
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$425.32
Costs to cover: 4.171%
Break-even: never at this rate

Slippage from OKX: live order book, 3 min ago; ApeX Omni: live order book, 56 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 OKX live order book, 3 min ago	1.45 bp	9.8 bp −$10	22.6 bp −$226	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 56 min ago	5.78 bp	231.7 bp −$232	doesn't fit	doesn't fit	doesn't fit

KAITO on 27 exchanges

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	−0.0623%	1h	0.3443	−0.383%	$242K	$159K	10x	as long as short
Backpack KAITO_USDC_PERP	−0.0341%	1h	0.3446	−0.286%	$20K	$201K	10x	as long as short
Reya KAITORUSDPERP	0.0000%	1h	0.3370	−2.482%	—	—	—	as long as short
Injective KAITO/USDC PERP	+0.0033%	1h	0.3473	+0.492%	$7K	$41K	12x	as long as short
Hyperliquid KAITO	+0.0100%	1h	0.3461	+0.145%	$2.0M	$874K	5x	as long as short
Aster KAITOUSDT	+0.0100%	4h	0.3460	+0.116%	$114K	$59K	10x	as long as short
Pacifica KAITO	+0.0100%	1h	0.3459	+0.078%	$18K	$7K	5x	as long as short
Binance KAITOUSDT	+0.0100%	4h	0.3460	+0.116%	$10.5M	$17.3M	75x	as long as short
Bybit KAITOUSDT	+0.0100%	4h	0.3462	+0.174%	$4.6M	$9.1M	75x	as long as short
OKX KAITO-USDT-SWAPlong	+0.0100%	4h	0.3456	long leg	$4.2M	$10.7M	50x

Show all 27 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate KAITO_USDT	+0.0100%	4h	0.3452	−0.116%	$644K	$1.5M	75x	as long as short
MEXC KAITO_USDT	+0.0100%	4h	0.3458	+0.058%	$3.1M	$1.3M	50x	as long as short
KuCoin KAITOUSDTM	+0.0100%	4h	0.3458	+0.058%	$1.3M	$176K	30x	as long as short
Bitget KAITOUSDT	+0.0100%	4h	0.3463	+0.203%	$4.4M	$3.8M	75x	as long as short
BingX KAITO-USDC	+0.0100%	4h	0.3456	0.000%	—	$6.5M	—	as long as short
Variational Omni KAITO	+0.0100%	4h	0.3455	−0.041%	$47K	$110K	—	as long as short
GRVT KAITO_USDT_Perp	+0.0100%	4h	0.3456	0.000%	$242K	$2.2M	10x	as long as short
ApeX Omni KAITOUSDTshort	+0.0100%	1h	0.3453	−0.087%	$29K	$256K	50x
Polymarket Perps KAITO-USD	+0.0100%	1h	0.3451	−0.145%	$11K	$4.8M	5x	as long as short
Orderly PERP_KAITO_USDC_mythos	+0.0100%	4h	0.3442	−0.420%	$3K	$2K	10x	as long as short
Paradex KAITO-USD-PERP	+0.0101%	8h	0.3459	+0.093%	$4K	—	10x	as long as short
Extended KAITO-USD	+0.0104%	1h	0.3455	−0.034%	$90K	$80K	10x	as long as short
Aevo KAITO-PERP	+0.0104%	1h	0.3441	−0.443%	$239K	—	3x	as long as short
BloFin KAITO-USDT	+0.0108%	4h	0.3446	−0.289%	$560K	$64K	75x	as long as short
edgeX KAITOUSDC	+0.0117%	4h	0.3452	−0.126%	$17K	$329K	5x	as long as short
Lighter KAITO	+0.0392%	1h	0.3472	+0.475%	$91K	$100K	5x	as long as short
01 Exchange KAITOUSD	+0.6408%	1h	0.3544	+2.535%	$6K	$504	3x	as long as short