Funding arb · Price arb /

KAITO

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0009%/8h= −1.0% APRpaid last 24h −0.001%

Price spread now: MEXC against Paradex+0.048%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 MEXC

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. MEXC is 0.048% dearer against Paradex than usual: you sell high and buy low (spread +0.048% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 17 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paradex KAITO-USD-PERP	0.3525	0.0109	pay 0.0109% / 8h	19m 05s	$4K	$604	10x
Short	MEXC KAITO_USDT	0.3527	0.0100	get 0.0050% / 4h	19m 05s	$3.3M	$1.2M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now +0.048%Rate

Funding earned: −$1.95
Price spread: +0.048% → 0.000%: $4.79
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee MEXC: 0 bp × 2 orders: $0
Net: −$1.17
Costs to cover: 0.040%
Break-even: from the start

Slippage unknown: Paradex: no order-book sample; MEXC: live order book, 3 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 MEXC live order book, 3 min ago	1.42 bp	3.5 bp −$3	8.3 bp −$83	78.5 bp −$7,851	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	−4.396%	—	—	—	as long as short
Injective KAITO/USDC PERP	+0.0068%	1h	0.3535	+0.275%	$7K	$52K	12x	as long as short
Aster KAITOUSDT	+0.0100%	4h	0.3528	+0.063%	$118K	$51K	10x	as long as short
Pacifica KAITO	+0.0100%	1h	0.3520	−0.160%	$19K	$15K	5x	as long as short
Binance KAITOUSDT	+0.0100%	4h	0.3528	+0.076%	$10.8M	$17.8M	75x	as long as short
Bybit KAITOUSDT	+0.0100%	4h	0.3531	+0.161%	$4.7M	$8.6M	75x	as long as short
OKX KAITO-USDT-SWAP	+0.0100%	4h	0.3525	−0.009%	$4.3M	$11.6M	50x	as long as short
Gate KAITO_USDT	+0.0100%	4h	0.3528	+0.076%	$670K	$1.8M	75x	as long as short
MEXC KAITO_USDTshort	+0.0100%	4h	0.3527	+0.048%	$3.3M	$1.2M	50x
KuCoin KAITOUSDTM	+0.0100%	4h	0.3527	+0.048%	$1.4M	$169K	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	0.3530	+0.133%	$4.4M	$3.6M	75x	as long as short
BingX KAITO-USDT	+0.0100%	4h	0.3529	+0.105%	—	$6.8M	—	as long as short
Backpack KAITO_USDC_PERP	+0.0100%	1h	0.3528	+0.090%	$20K	$196K	10x	as long as short
Variational Omni KAITO	+0.0100%	4h	0.3517	−0.225%	$44K	$211K	—	as long as short
GRVT KAITO_USDT_Perp	+0.0100%	4h	0.3515	−0.302%	$250K	$2.4M	10x	as long as short
ApeX Omni KAITOUSDT	+0.0100%	1h	0.3538	+0.360%	$30K	$259K	50x	as long as short
Polymarket Perps KAITO-USD	+0.0100%	1h	0.3530	+0.144%	$19K	$5.1M	5x	as long as short
Orderly PERP_KAITO_USDC_mythos	+0.0100%	4h	0.3524	−0.026%	$3K	$2K	10x	as long as short
Extended KAITO-USD	+0.0104%	1h	0.3530	+0.121%	$80K	$63K	10x	as long as short
Aevo KAITO-PERP	+0.0104%	1h	0.3529	+0.109%	$245K	—	3x	as long as short
Paradex KAITO-USD-PERPlong	+0.0109%	8h	0.3525	long leg	$4K	$604	10x
edgeX KAITOUSDC	+0.0117%	4h	0.3538	+0.357%	$17K	$327K	5x	as long as short
BloFin KAITO-USDT	+0.0138%	4h	0.3527	+0.048%	$561K	$68K	75x	as long as short
Hyperliquid KAITO	+0.0351%	1h	0.3532	+0.195%	$2.1M	$895K	5x	as long as short
Kraken Futures PF_KAITOUSD	+0.0663%	1h	0.3521	−0.126%	$248K	$164K	10x	as long as short
Lighter KAITO	+0.0848%	1h	0.3543	+0.510%	$87K	$102K	5x	as long as short
01 Exchange KAITOUSD	+0.2960%	1h	0.3531	+0.170%	$6K	$988	3x	as long as short