Funding you earn now, next payment 12:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h —
Price spread now: Bybit against Reya+3.671%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 Bybit is 3.671% dearer against Reya than usual: you sell high and buy low: +$367 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 23s | — | — | — |
| Short | Bybit KAITOUSDT | 0.3494 | 0.0100 | get 0.0050% / 4h | 10m 23s | $4.7M | $8.2M | 75x |
Reya KAITORUSDPERP
Bybit KAITOUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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: +3.671% → 0.000%
- $367.15
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $371.15
- Costs to cover
- 0.170%
- Break-even
- from the start
Slippage unknown: Reya: no order-book sample; Bybit: live order book, 1 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 Bybit live order book, 1 min ago | 1.43 bp | 21.1 bp −$21 | 71.4 bp −$714 | 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 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 | −0.0616% | 1h | 0.3485 | +3.411% | $245K | $150K | 10x | as long as short |
| Backpack KAITO_USDC_PERP | −0.0005% | 1h | 0.3490 | +3.562% | $20K | $198K | 10x | as long as short |
| Reya KAITORUSDPERPlong | 0.0000% | 1h | 0.3370 | long leg | — | — | — | |
| Injective KAITO/USDC PERP | +0.0033% | 1h | 0.3473 | +3.048% | $7K | $41K | 12x | as long as short |
| Hyperliquid KAITO | +0.0100% | 1h | 0.3493 | +3.654% | $2.0M | $876K | 5x | as long as short |
| Aster KAITOUSDT | +0.0100% | 4h | 0.3494 | +3.678% | $115K | $59K | 10x | as long as short |
| Pacifica KAITO | +0.0100% | 1h | 0.3492 | +3.605% | $18K | $7K | 5x | as long as short |
| Binance KAITOUSDT | +0.0100% | 4h | 0.3492 | +3.611% | $10.6M | $16.5M | 75x | as long as short |
| Bybit KAITOUSDTshort | +0.0100% | 4h | 0.3494 | +3.671% | $4.7M | $8.2M | 75x | |
| OKX KAITO-USDT-SWAP | +0.0100% | 4h | 0.3489 | +3.523% | $4.3M | $10.4M | 50x | as long as short |
Kraken Futures PF_KAITOUSD
Backpack KAITO_USDC_PERP
Injective KAITO/USDC PERP
Hyperliquid KAITO
Aster KAITOUSDT
Pacifica KAITO
Binance KAITOUSDT
OKX KAITO-USDT-SWAPShow all 27 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate KAITO_USDT | +0.0100% | 4h | 0.3493 | +3.642% | $650K | $1.5M | 75x | as long as short |
| MEXC KAITO_USDT | +0.0100% | 4h | 0.3491 | +3.582% | $3.4M | $1.4M | 50x | as long as short |
| KuCoin KAITOUSDTM | +0.0100% | 4h | 0.3492 | +3.612% | $1.3M | $158K | 30x | as long as short |
| Bitget KAITOUSDT | +0.0100% | 4h | 0.3497 | +3.760% | $4.5M | $3.4M | 75x | as long as short |
| BingX KAITO-USDT | +0.0100% | 4h | 0.3493 | +3.642% | — | $6.7M | — | as long as short |
| Variational Omni KAITO | +0.0100% | 4h | 0.3494 | +3.673% | $47K | $6K | — | as long as short |
| GRVT KAITO_USDT_Perp | +0.0100% | 4h | 0.3493 | +3.656% | $244K | $2.2M | 10x | as long as short |
| ApeX Omni KAITOUSDT | +0.0100% | 1h | 0.3492 | +3.612% | $29K | $258K | 50x | as long as short |
| Polymarket Perps KAITO-USD | +0.0100% | 1h | 0.3493 | +3.639% | $7K | $4.6M | 5x | as long as short |
| Orderly PERP_KAITO_USDC_mythos | +0.0100% | 4h | 0.3492 | +3.603% | $3K | $2K | 10x | as long as short |
| BloFin KAITO-USDT | +0.0101% | 4h | 0.3490 | +3.553% | $564K | $58K | 75x | as long as short |
| edgeX KAITOUSDC | +0.0103% | 4h | 0.3494 | +3.665% | $17K | $327K | 5x | as long as short |
| Extended KAITO-USD | +0.0104% | 1h | 0.3491 | +3.591% | $91K | $80K | 10x | as long as short |
| Aevo KAITO-PERP | +0.0104% | 1h | 0.3492 | +3.597% | $242K | — | 3x | as long as short |
| Paradex KAITO-USD-PERP | +0.0104% | 8h | 0.3491 | +3.592% | $4K | — | 10x | as long as short |
| Lighter KAITO | +0.0488% | 1h | 0.3504 | +3.959% | $92K | $100K | 5x | as long as short |
| 01 Exchange KAITOUSD | +0.6880% | 1h | 0.3563 | +5.728% | $6K | $503 | 3x | as long as short |
Gate KAITO_USDT
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
BloFin KAITO-USDT
edgeX KAITOUSDC
Extended KAITO-USD
Aevo KAITO-PERP
Paradex KAITO-USD-PERP
Lighter KAITO
01 Exchange KAITOUSD