Funding arb · Price arb /

KAITO

all KAITO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0011%/8h= −1.3% APRpaid last 24h −0.001%

Price spread now: Binance against Paradex+0.027%7-day average — · you sell dearer than you buy

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

Long on Paradex Short on Binance

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

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

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

The price spread pays, funding is against you. Binance is 0.027% dearer against Paradex than usual: you sell high and buy low (spread +0.027% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 7.8 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paradex KAITO-USD-PERP	0.3506	0.0111	pay 0.0111% / 8h	2h 15m	$4K	$604	10x
Short	Binance KAITOUSDT	0.3507	0.0100	get 0.0050% / 4h	2h 15m	$10.7M	$17.2M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Paradex. 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 ParadexbpFee BinancebpOrdersPrice spread, now +0.027%Rate

Funding earned: −$2.4
Price spread: +0.027% → 0.000%: $2.69
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee Binance: 5 bp × 2 orders: −$10
Net: −$13.72
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: Paradex: no order-book sample; Binance: live order book, 10 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 Paradex no order-book sample	—	—	—	—	—
Sell Binance live order book, 10 min ago	1.44 bp	14.9 bp −$15	43.2 bp −$432	356.6 bp −$35.7K	doesn't fit

Paradex: 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
Backpack KAITO_USDC_PERP	−0.0069%	1h	0.3505	−0.031%	$20K	$186K	10x	as long as short
Injective KAITO/USDC PERP	−0.0060%	1h	0.3470	−1.029%	$7K	$52K	12x	as long as short
Reya KAITORUSDPERP	0.0000%	1h	0.3370	−3.870%	—	—	—	as long as short
Aster KAITOUSDT	+0.0100%	4h	0.3506	−0.011%	$118K	$51K	10x	as long as short
Pacifica KAITO	+0.0100%	1h	0.3507	+0.024%	$18K	$14K	5x	as long as short
Binance KAITOUSDTshort	+0.0100%	4h	0.3507	+0.027%	$10.7M	$17.2M	75x
Bybit KAITOUSDT	+0.0100%	4h	0.3508	+0.055%	$4.4M	$8.0M	75x	as long as short
OKX KAITO-USDT-SWAP	+0.0100%	4h	0.3505	−0.031%	$4.3M	$11.0M	50x	as long as short
Gate KAITO_USDT	+0.0100%	4h	0.3506	−0.002%	$659K	$1.7M	75x	as long as short
MEXC KAITO_USDT	+0.0100%	4h	0.3507	+0.026%	$3.0M	$1.2M	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	0.3508	+0.055%	$1.4M	$171K	30x	as long as short
Bitget KAITOUSDT	+0.0100%	4h	0.3510	+0.112%	$4.4M	$3.5M	75x	as long as short
BingX KAITO-USDC	+0.0100%	4h	0.3506	−0.002%	—	$6.5M	—	as long as short
Variational Omni KAITO	+0.0100%	4h	0.3503	−0.076%	$44K	$211K	—	as long as short
GRVT KAITO_USDT_Perp	+0.0100%	4h	0.3510	+0.125%	$239K	$2.5M	10x	as long as short
ApeX Omni KAITOUSDT	+0.0100%	1h	0.3512	+0.169%	$29K	$261K	50x	as long as short
Polymarket Perps KAITO-USD	+0.0100%	1h	0.3507	+0.018%	$17K	$4.7M	5x	as long as short
Orderly PERP_KAITO_USDC_mythos	+0.0100%	4h	0.3506	−0.008%	$3K	$2K	10x	as long as short
edgeX KAITOUSDC	+0.0101%	4h	0.3510	+0.122%	$18K	$327K	5x	as long as short
Extended KAITO-USD	+0.0104%	1h	0.3507	+0.021%	$80K	$63K	10x	as long as short
Aevo KAITO-PERP	+0.0104%	1h	0.3507	+0.026%	$243K	—	3x	as long as short
Paradex KAITO-USD-PERPlong	+0.0111%	8h	0.3506	long leg	$4K	$604	10x
BloFin KAITO-USDT	+0.0137%	4h	0.3509	+0.083%	$549K	$68K	75x	as long as short
Kraken Futures PF_KAITOUSD	+0.0385%	1h	0.3506	+0.002%	$246K	$155K	10x	as long as short
Hyperliquid KAITO	+0.0844%	1h	0.3510	+0.126%	$2.1M	$858K	5x	as long as short
Lighter KAITO	+0.1504%	1h	0.3519	+0.383%	$87K	$100K	5x	as long as short
01 Exchange KAITOUSD	+0.8232%	1h	0.3586	+2.280%	$6K	$1K	3x	as long as short