Funding arb · Price arb /

KAITO

all KAITO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%

Price spread now: Binance against Aevo+0.042%7-day average +0.012% · you sell dearer than you buy

Net, funding: paid 7d − costs−$246as in the Funding arb table

Net, price: spread back to 7d avg − costs−$239as in the Price arb table

costs, in and out, $10k−$2422.421% of the position

Long on Aevo Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.037%−$4 on $10k

Price spread, last 4 days (all we have)−0.056%−$6 · spread now +0.042%, 7d avg +0.012%

Together, before fees−0.093%−$9 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.030% dearer against Aevo than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.012%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo KAITO-PERP	0.3532	0.0104	pay 0.0013% / 1h	11m 08s	$245K	—	3x
Short	Binance KAITOUSDT	0.3533	0.0100	get 0.0050% / 4h	11m 08s	$10.8M	$17.8M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Aevo. 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 AevobpFee BinancebpOrdersPrice spread, now +0.042%Rate

Funding earned: −$0.84
Price spread: +0.042% → +0.012%: $2.99
Slippage, 4 orders: −$216.14
Fee Aevo: 8 bp × 2 orders: −$16
Fee Binance: 5 bp × 2 orders: −$10
Net: −$239.99
Costs to cover: 2.421%
Break-even: never at this rate

Slippage from Aevo: live order book, 28 min ago; Binance: live order book, 15 min ago.

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 Aevo live order book, 28 min ago	60.79 bp	68.8 bp −$69	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 15 min ago	1.41 bp	17.0 bp −$17	39.7 bp −$397	324.6 bp −$32.5K	doesn't fit

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	−4.563%	—	—	—	as long as short
BloFin KAITO-USDT	+0.0059%	4h	0.3532	+0.013%	$557K	$68K	75x	as long as short
Injective KAITO/USDC PERP	+0.0068%	1h	0.3535	+0.098%	$7K	$52K	12x	as long as short
Aster KAITOUSDT	+0.0100%	4h	0.3534	+0.058%	$118K	$51K	10x	as long as short
Pacifica KAITO	+0.0100%	1h	0.3533	+0.037%	$19K	$15K	5x	as long as short
Binance KAITOUSDTshort	+0.0100%	4h	0.3533	+0.042%	$10.8M	$17.8M	75x
Bybit KAITOUSDT	+0.0100%	4h	0.3534	+0.070%	$4.7M	$8.6M	75x	as long as short
OKX KAITO-USDT-SWAP	+0.0100%	4h	0.3532	+0.013%	$4.3M	$11.6M	50x	as long as short
Gate KAITO_USDT	+0.0100%	4h	0.3533	+0.042%	$671K	$1.8M	75x	as long as short
MEXC KAITO_USDT	+0.0100%	4h	0.3531	−0.015%	$3.3M	$1.2M	50x	as long as short

Show all 27 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin KAITOUSDTM	+0.0100%	4h	0.3534	+0.070%	$1.4M	$169K	30x	as long as short
Bitget KAITOUSDT	+0.0100%	4h	0.3535	+0.098%	$4.4M	$3.6M	75x	as long as short
BingX KAITO-USDT	+0.0100%	4h	0.3533	+0.042%	—	$6.8M	—	as long as short
Backpack KAITO_USDC_PERP	+0.0100%	1h	0.3530	−0.035%	$20K	$196K	10x	as long as short
Variational Omni KAITO	+0.0100%	4h	0.3528	−0.101%	$45K	$211K	—	as long as short
GRVT KAITO_USDT_Perp	+0.0100%	4h	0.3534	+0.070%	$251K	$2.4M	10x	as long as short
ApeX Omni KAITOUSDT	+0.0100%	1h	0.3536	+0.127%	$30K	$259K	50x	as long as short
Polymarket Perps KAITO-USD	+0.0100%	1h	0.3533	+0.056%	$17K	$5.1M	5x	as long as short
Orderly PERP_KAITO_USDC_mythos	+0.0100%	4h	0.3533	+0.039%	$3K	$2K	10x	as long as short
Extended KAITO-USD	+0.0104%	1h	0.3531	−0.004%	$81K	$63K	10x	as long as short
Aevo KAITO-PERPlong	+0.0104%	1h	0.3532	long leg	$245K	—	3x
edgeX KAITOUSDC	+0.0106%	4h	0.3530	−0.053%	$17K	$329K	5x	as long as short
Paradex KAITO-USD-PERP	+0.0108%	8h	0.3535	+0.088%	$4K	$604	10x	as long as short
Hyperliquid KAITO	+0.0361%	1h	0.3538	+0.172%	$2.1M	$898K	5x	as long as short
Kraken Futures PF_KAITOUSD	+0.0661%	1h	0.3531	−0.006%	$249K	$164K	10x	as long as short
Lighter KAITO	+0.0912%	1h	0.3544	+0.367%	$87K	$102K	5x	as long as short
01 Exchange KAITOUSD	+0.2568%	1h	0.3532	+0.005%	$6K	$916	3x	as long as short