Funding you earn now, next payment 23:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.13 per $10,000 · paid last 24h —
Price spread now: Backpack against Reya+3.376%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Backpack is 3.376% dearer against Reya than usual: you sell high and buy low: +$338 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya KAITORUSDPERP | 0.3370 | 0 | get 0.0000% / 1h | 10m 36s | — | — | — |
| Short | Backpack KAITO_USDC_PERP | 0.3484 | 0.0100 | get 0.0013% / 1h | 10m 36s | $19K | $168K | 10x |
Reya KAITORUSDPERP
Backpack KAITO_USDC_PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Backpack against Reya. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $21
- Price spread: +3.376% → 0.000%
- $337.55
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- $342.55
- Costs to cover
- 0.160%
- Break-even
- from the start
Slippage unknown: Reya: no order-book sample; Backpack: live order book, 7 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 Reya no order-book sample | — | — | — | — | — |
| Sell Backpack live order book, 7 min ago | 0.72 bp | 11.7 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
Reya: 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_KAITOUSD | −0.0430% | 1h | 0.3484 | +3.367% | $240K | $157K | 10x | as long as short |
| Injective KAITO/USDC PERP | −0.0055% | 1h | 0.3461 | +2.693% | $7K | $52K | 12x | as long as short |
| Reya KAITORUSDPERPlong | 0.0000% | 1h | 0.3370 | long leg | — | — | — | |
| BloFin KAITO-USDT | +0.0042% | 4h | 0.3482 | +3.316% | $541K | $60K | 75x | as long as short |
| Aster KAITOUSDT | +0.0100% | 4h | 0.3486 | +3.435% | $117K | $34K | 10x | as long as short |
| Pacifica KAITO | +0.0100% | 1h | 0.3485 | +3.415% | $18K | $12K | 5x | as long as short |
| Binance KAITOUSDT | +0.0100% | 4h | 0.3484 | +3.362% | $10.5M | $15.7M | 75x | as long as short |
| Bybit KAITOUSDT | +0.0100% | 4h | 0.3487 | +3.465% | $4.3M | $6.7M | 75x | as long as short |
| OKX KAITO-USDT-SWAP | +0.0100% | 4h | 0.3481 | +3.287% | $4.1M | $10.0M | 50x | as long as short |
| Gate KAITO_USDT | +0.0100% | 4h | 0.3487 | +3.465% | $689K | $1.7M | 75x | as long as short |
Kraken Futures PF_KAITOUSD
Injective KAITO/USDC PERP
BloFin KAITO-USDT
Aster KAITOUSDT
Pacifica KAITO
Binance KAITOUSDT
Bybit KAITOUSDT
OKX KAITO-USDT-SWAP
Gate KAITO_USDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC KAITO_USDT | +0.0100% | 4h | 0.3482 | +3.316% | $3.3M | $1.1M | 50x | as long as short |
| KuCoin KAITOUSDTM | +0.0100% | 4h | 0.3487 | +3.465% | $1.4M | $167K | 30x | as long as short |
| Bitget KAITOUSDT | +0.0100% | 4h | 0.3490 | +3.554% | $4.3M | $3.0M | 75x | as long as short |
| BingX KAITO-USDT | +0.0100% | 4h | 0.3485 | +3.405% | — | $6.7M | — | as long as short |
| Backpack KAITO_USDC_PERPshort | +0.0100% | 1h | 0.3484 | +3.376% | $19K | $168K | 10x | |
| Variational Omni KAITO | +0.0100% | 4h | 0.3480 | +3.244% | $44K | $234K | — | as long as short |
| GRVT KAITO_USDT_Perp | +0.0100% | 4h | 0.3477 | +3.170% | $235K | $3.1M | 10x | as long as short |
| ApeX Omni KAITOUSDT | +0.0100% | 1h | 0.3479 | +3.227% | $30K | $257K | 50x | as long as short |
| Polymarket Perps KAITO-USD | +0.0100% | 1h | 0.3487 | +3.465% | $10K | $4.1M | 5x | as long as short |
| Orderly PERP_KAITO_USDC_mythos | +0.0100% | 4h | 0.3485 | +3.405% | $3K | $2K | 10x | as long as short |
| Paradex KAITO-USD-PERP | +0.0101% | 8h | 0.3484 | +3.374% | $4K | $604 | 10x | as long as short |
| Extended KAITO-USD | +0.0104% | 1h | 0.3483 | +3.354% | $62K | $41K | 10x | as long as short |
| Aevo KAITO-PERP | +0.0104% | 1h | 0.3485 | +3.405% | $242K | $1K | 3x | as long as short |
| edgeX KAITOUSDC | +0.0109% | 4h | 0.3478 | +3.196% | $17K | $320K | 5x | as long as short |
| Hyperliquid KAITO | +0.0760% | 1h | 0.3492 | +3.598% | $2.0M | $743K | 5x | as long as short |
| Lighter KAITO | +0.1200% | 1h | 0.3493 | +3.654% | $83K | $82K | 5x | as long as short |
| 01 Exchange KAITOUSD | +0.1992% | 1h | 0.3574 | +6.049% | $6K | $2K | 3x | as long as short |
MEXC KAITO_USDT
KuCoin KAITOUSDTM
Bitget KAITOUSDT
BingX KAITO-USDT
Variational Omni KAITO
GRVT KAITO_USDT_Perp
ApeX Omni KAITOUSDT
Polymarket Perps KAITO-USD
Orderly PERP_KAITO_USDC_mythos
Paradex KAITO-USD-PERP
Extended KAITO-USD
Aevo KAITO-PERP
edgeX KAITOUSDC
Hyperliquid KAITO
Lighter KAITO
01 Exchange KAITOUSD