Funding arb · Price arb /

KAITO

all KAITO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0012%/8h= −1.3% APRpaid last 24h −0.001%

Price spread now: GRVT against Paradex+0.267%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 GRVT

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 · GRVT: Active · farm boardneeds both histories

The price spread pays, funding is against you. GRVT is 0.267% dearer against Paradex than usual: you sell high and buy low (spread +0.267% now, against zero (this spread has no 7-day history yet)): +$27 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 3 months.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paradex KAITO-USD-PERP	0.3527	0.0112	pay 0.0112% / 8h	38m 50s	$4K	$604	10x
Short	GRVT KAITO_USDT_Perp	0.3536	0.0100	get 0.0050% / 4h	38m 50s	$251K	$2.4M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT 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 GRVTbpOrdersPrice spread, now +0.267%Rate

Funding earned: −$2.46
Price spread: +0.267% → 0.000%: $26.73
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: $11.27
Costs to cover: 0.130%
Break-even: from the start

Slippage unknown: Paradex: no order-book sample; GRVT: live order book, 5 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 GRVT live order book, 5 min ago	11.32 bp	38.0 bp −$38	doesn't fit	doesn't fit	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
Reya KAITORUSDPERP	0.0000%	1h	0.3370	−4.430%	—	—	—	as long as short
Injective KAITO/USDC PERP	+0.0068%	1h	0.3534	+0.211%	$7K	$52K	12x	as long as short
Aster KAITOUSDT	+0.0100%	4h	0.3527	+0.023%	$118K	$51K	10x	as long as short
Pacifica KAITO	+0.0100%	1h	0.3526	−0.028%	$19K	$14K	5x	as long as short
Binance KAITOUSDT	+0.0100%	4h	0.3527	+0.023%	$10.7M	$17.4M	75x	as long as short
Bybit KAITOUSDT	+0.0100%	4h	0.3530	+0.097%	$4.6M	$8.3M	75x	as long as short
OKX KAITO-USDT-SWAP	+0.0100%	4h	0.3526	−0.016%	$4.3M	$11.2M	50x	as long as short
Gate KAITO_USDT	+0.0100%	4h	0.3528	+0.040%	$660K	$1.7M	75x	as long as short
MEXC KAITO_USDT	+0.0100%	4h	0.3526	−0.016%	$3.0M	$1.2M	50x	as long as short
KuCoin KAITOUSDTM	+0.0100%	4h	0.3529	+0.069%	$1.4M	$162K	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	0.3529	+0.069%	$4.4M	$3.5M	75x	as long as short
BingX KAITO-USDC	+0.0100%	4h	0.3529	+0.069%	—	$6.5M	—	as long as short
Backpack KAITO_USDC_PERP	+0.0100%	1h	0.3526	−0.025%	$20K	$192K	10x	as long as short
Variational Omni KAITO	+0.0100%	4h	0.3541	+0.418%	$45K	$211K	—	as long as short
GRVT KAITO_USDT_Perpshort	+0.0100%	4h	0.3536	+0.267%	$251K	$2.4M	10x
ApeX Omni KAITOUSDT	+0.0100%	1h	0.3537	+0.296%	$30K	$259K	50x	as long as short
Polymarket Perps KAITO-USD	+0.0100%	1h	0.3528	+0.040%	$22K	$4.9M	5x	as long as short
Orderly PERP_KAITO_USDC_mythos	+0.0100%	4h	0.3528	+0.038%	$3K	$2K	10x	as long as short
Extended KAITO-USD	+0.0104%	1h	0.3526	−0.008%	$81K	$63K	10x	as long as short
Aevo KAITO-PERP	+0.0104%	1h	0.3527	+0.019%	$245K	—	3x	as long as short
Paradex KAITO-USD-PERPlong	+0.0112%	8h	0.3527	long leg	$4K	$604	10x
edgeX KAITOUSDC	+0.0119%	4h	0.3537	+0.305%	$17K	$326K	5x	as long as short
BloFin KAITO-USDT	+0.0153%	4h	0.3523	−0.101%	$551K	$67K	75x	as long as short
Hyperliquid KAITO	+0.0262%	1h	0.3531	+0.126%	$2.1M	$871K	5x	as long as short
Kraken Futures PF_KAITOUSD	+0.0662%	1h	0.3524	−0.070%	$248K	$159K	10x	as long as short
Lighter KAITO	+0.0832%	1h	0.3544	+0.500%	$87K	$102K	5x	as long as short
01 Exchange KAITOUSD	+0.4752%	1h	0.3530	+0.097%	$6K	$988	3x	as long as short