Funding you earn now, next payment 22:00 UTC−0.0156%/8h= −17.1% APRnext payment −$0.20 per $10,000 · paid last 24h −2.214%
Price spread now: Backpack against 01 Exchange−0.177%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Backpack is 0.177% cheaper against 01 Exchange than usual: you would sell low and buy high (−$18 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | 01 Exchange KAITOUSD | 0.3452 | 0.0256 | pay 0.0032% / 1h | 38m 26s | $6K | $2K | 3x |
| Short | Backpack KAITO_USDC_PERP | 0.3446 | 0.0100 | get 0.0013% / 1h | 38m 26s | $18K | $168K | 10x |
01 Exchange KAITOUSD
Backpack KAITO_USDC_PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Backpack against 01 Exchange. 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
- −$32.76
- Price spread: −0.177% → 0.000%
- −$17.67
- Slippage, 4 orders
- no order book: not counted
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- −$67.43
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: 01 Exchange: no order-book sample; Backpack: live order book, 49 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 01 Exchange no order-book sample | — | — | — | — | — |
| Sell Backpack live order book, 49 min ago | 0.14 bp | 11.0 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
01 Exchange: 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 | −0.0257% | 1h | 0.3444 | −0.230% | $235K | $160K | 10x | as long as short |
| Injective KAITO/USDC PERP | −0.0057% | 1h | 0.3442 | −0.278% | $7K | $52K | 12x | as long as short |
| Reya KAITORUSDPERP | 0.0000% | 1h | 0.3370 | −2.357% | — | — | — | as long as short |
| Aster KAITOUSDT | +0.0100% | 4h | 0.3450 | −0.035% | $115K | $34K | 10x | as long as short |
| Pacifica KAITO | +0.0100% | 1h | 0.3451 | −0.017% | $18K | $12K | 5x | as long as short |
| Binance KAITOUSDT | +0.0100% | 4h | 0.3453 | +0.043% | $10.4M | $15.6M | 75x | as long as short |
| Bybit KAITOUSDT | +0.0100% | 4h | 0.3456 | +0.127% | $4.2M | $6.6M | 75x | as long as short |
| OKX KAITO-USDT-SWAP | +0.0100% | 4h | 0.3451 | −0.017% | $4.1M | $10.0M | 50x | as long as short |
| Gate KAITO_USDT | +0.0100% | 4h | 0.3453 | +0.041% | $670K | $1.7M | 75x | as long as short |
| MEXC KAITO_USDT | +0.0100% | 4h | 0.3450 | −0.046% | $3.2M | $1.0M | 50x | as long as short |
Kraken Futures PF_KAITOUSD
Injective KAITO/USDC PERP
Reya KAITORUSDPERP
Aster KAITOUSDT
Pacifica KAITO
Binance KAITOUSDT
Bybit KAITOUSDT
OKX KAITO-USDT-SWAP
Gate KAITO_USDT
MEXC KAITO_USDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin KAITOUSDTM | +0.0100% | 4h | 0.3450 | −0.046% | $1.4M | $183K | 30x | as long as short |
| Bitget KAITOUSDT | +0.0100% | 4h | 0.3452 | +0.012% | $4.2M | $2.9M | 75x | as long as short |
| BingX KAITO-USDT | +0.0100% | 4h | 0.3454 | +0.070% | — | $6.7M | — | as long as short |
| Backpack KAITO_USDC_PERPshort | +0.0100% | 1h | 0.3446 | −0.177% | $18K | $168K | 10x | |
| Variational Omni KAITO | +0.0100% | 4h | 0.3454 | +0.056% | $43K | $237K | — | as long as short |
| GRVT KAITO_USDT_Perp | +0.0100% | 4h | 0.3449 | −0.078% | $242K | $3.2M | 10x | as long as short |
| ApeX Omni KAITOUSDT | +0.0100% | 1h | 0.3450 | −0.046% | $29K | $255K | 50x | as long as short |
| Polymarket Perps KAITO-USD | +0.0100% | 1h | 0.3453 | +0.032% | $10K | $4.0M | 5x | as long as short |
| Orderly PERP_KAITO_USDC_mythos | +0.0100% | 4h | 0.3454 | +0.070% | $3K | $2K | 10x | as long as short |
| Paradex KAITO-USD-PERP | +0.0103% | 8h | 0.3453 | +0.034% | $4K | $604 | 10x | as long as short |
| Extended KAITO-USD | +0.0104% | 1h | 0.3455 | +0.088% | $62K | $41K | 10x | as long as short |
| Aevo KAITO-PERP | +0.0104% | 1h | 0.3454 | +0.084% | $240K | $1K | 3x | as long as short |
| edgeX KAITOUSDC | +0.0107% | 4h | 0.3451 | −0.030% | $17K | $320K | 5x | as long as short |
| BloFin KAITO-USDT | +0.0113% | 4h | 0.3445 | −0.191% | $536K | $60K | 75x | as long as short |
| 01 Exchange KAITOUSDlong | +0.0256% | 1h | 0.3452 | long leg | $6K | $2K | 3x | |
| Hyperliquid KAITO | +0.0641% | 1h | 0.3457 | +0.165% | $2.0M | $741K | 5x | as long as short |
| Lighter KAITO | +0.1008% | 1h | 0.3459 | +0.223% | $82K | $82K | 5x | as long as short |
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
BloFin KAITO-USDT
Hyperliquid KAITO
Lighter KAITO