Funding arb · Price arb /

KAITO

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Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0154%/8h= −16.8% APRnext payment −$0.19 per $10,000 · paid last 24h —

Price spread now: Injective against Reya+2.810%7-day average — · you sell dearer than you buy

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

Long on Reya Short on Injective

What this pair did over the last

the charts below follow

Funding, last 7 days—no history yet

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

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

The price spread pays, funding is against you. Injective is 2.810% dearer against Reya than usual: you sell high and buy low (spread +2.810% now, against zero (this spread has no 7-day history yet)): +$281 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 2 months.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Reya KAITORUSDPERP	0.3370	0	get 0.0000% / 1h	42m 44s	—	—	—
Short	Injective KAITO/USDC PERP	0.3465	−0.0154	pay 0.0019% / 1h	42m 44s	$7K	$52K	12x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against Reya. 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 ReyabpFee InjectivebpOrdersPrice spread, now +2.810%Rate

Funding earned: −$32.29
Price spread: +2.810% → 0.000%: $281
Slippage, 4 orders: no order book: not counted
Fee Reya: 3 bp × 2 orders: −$6
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $242.69
Costs to cover: 0.060%
Break-even: from the start

Slippage unknown: Reya: no order-book sample; Injective: no order-book sample. 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 Injective no order-book sample	—	—	—	—	—

Reya and Injective: 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	−0.0515%	1h	0.3463	+2.742%	$18K	$169K	10x	as long as short
Injective KAITO/USDC PERPshort	−0.0154%	1h	0.3465	+2.810%	$7K	$52K	12x
Reya KAITORUSDPERPlong	0.0000%	1h	0.3370	long leg	—	—	—
BloFin KAITO-USDT	+0.0071%	4h	0.3465	+2.810%	$553K	$66K	75x	as long as short
Aster KAITOUSDT	+0.0100%	4h	0.3465	+2.803%	$118K	$50K	10x	as long as short
Pacifica KAITO	+0.0100%	1h	0.3470	+2.961%	$18K	$15K	5x	as long as short
Binance KAITOUSDT	+0.0100%	4h	0.3465	+2.818%	$10.5M	$16.8M	75x	as long as short
Bybit KAITOUSDT	+0.0100%	4h	0.3466	+2.840%	$4.3M	$7.6M	75x	as long as short
OKX KAITO-USDT-SWAP	+0.0100%	4h	0.3463	+2.751%	$4.2M	$10.7M	50x	as long as short
Gate KAITO_USDT	+0.0100%	4h	0.3466	+2.840%	$661K	$1.7M	75x	as long as short

Show all 27 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC KAITO_USDT	+0.0100%	4h	0.3463	+2.751%	$3.4M	$1.1M	50x	as long as short
KuCoin KAITOUSDTM	+0.0100%	4h	0.3466	+2.840%	$1.4M	$170K	30x	as long as short
Bitget KAITOUSDT	+0.0100%	4h	0.3468	+2.899%	$4.4M	$3.4M	75x	as long as short
BingX KAITO-USDT	+0.0100%	4h	0.3464	+2.780%	—	$6.7M	—	as long as short
Variational Omni KAITO	+0.0100%	4h	0.3460	+2.672%	$43K	$228K	—	as long as short
GRVT KAITO_USDT_Perp	+0.0100%	4h	0.3462	+2.717%	$237K	$2.6M	10x	as long as short
ApeX Omni KAITOUSDT	+0.0100%	1h	0.3463	+2.751%	$30K	$257K	50x	as long as short
Polymarket Perps KAITO-USD	+0.0100%	1h	0.3469	+2.932%	$20K	$4.4M	5x	as long as short
Orderly PERP_KAITO_USDC_mythos	+0.0100%	4h	0.3466	+2.831%	$3K	$2K	10x	as long as short
edgeX KAITOUSDC	+0.0100%	4h	0.3448	+2.308%	$17K	$325K	5x	as long as short
Extended KAITO-USD	+0.0104%	1h	0.3464	+2.776%	$77K	$62K	10x	as long as short
Aevo KAITO-PERP	+0.0104%	1h	0.3463	+2.762%	$240K	—	3x	as long as short
Paradex KAITO-USD-PERP	+0.0117%	8h	0.3470	+2.965%	$4K	$604	10x	as long as short
Kraken Futures PF_KAITOUSD	+0.0404%	1h	0.3466	+2.835%	$243K	$155K	10x	as long as short
Hyperliquid KAITO	+0.0683%	1h	0.3470	+2.958%	$2.0M	$807K	5x	as long as short
01 Exchange KAITOUSD	+0.0728%	1h	0.3467	+2.872%	$6K	$2K	3x	as long as short
Lighter KAITO	+0.1184%	1h	0.3477	+3.160%	$86K	$92K	5x	as long as short