Funding arb · Price arb /

KAITO

all KAITO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: BingX against ApeX Omni−0.256%7-day average +0.037% · you buy dearer than you sell

Net, funding: paid 7d − costs−$484as in the Funding arb table

Net, price: spread back to 7d avg − costs−$513as in the Price arb table

costs, in and out, $10k−$4844.840% of the position

Long on ApeX Omni Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 4 days (all we have)+0.266%+$27 · spread now −0.256%, 7d avg +0.037%

Together, before fees+0.266%+$27 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: BingX is 0.293% cheaper against ApeX Omni than usual: you would sell low and buy high, −$29 on $10k if it goes back to its 7-day average of +0.037%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni KAITOUSDT	0.3512	0.0100	pay 0.0013% / 1h	15m 04s	$29K	$259K	50x
Short	BingX KAITO-USDC	0.3503	0.0100	get 0.0050% / 4h	1h 15m	—	$6.5M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against ApeX Omni. 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 ApeX OmnibpFee BingXbpOrdersPrice spread, now −0.256%Rate

Funding earned: $0
Price spread: −0.256% → +0.037%: −$29.3
Slippage, 4 orders: −$464.02
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee BingX: 5 bp × 2 orders: −$10
Net: −$513.31
Costs to cover: 4.840%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 27 min ago; BingX: live order book, 5 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 ApeX Omni live order book, 27 min ago	7.14 bp	233.7 bp −$234	doesn't fit	doesn't fit	doesn't fit
Sell BingX live order book, 5 min ago	1.42 bp	24.9 bp −$25	162.6 bp −$1,626	1163.1 bp −$116.3K	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	−4.031%	—	—	—	as long as short
Injective KAITO/USDC PERP	+0.0044%	1h	0.3510	−0.057%	$7K	$52K	12x	as long as short
BloFin KAITO-USDT	+0.0090%	4h	0.3509	−0.085%	$550K	$67K	75x	as long as short
Aster KAITOUSDT	+0.0100%	4h	0.3504	−0.223%	$117K	$51K	10x	as long as short
Pacifica KAITO	+0.0100%	1h	0.3507	−0.129%	$18K	$14K	5x	as long as short
Binance KAITOUSDT	+0.0100%	4h	0.3501	−0.313%	$10.6M	$17.3M	75x	as long as short
Bybit KAITOUSDT	+0.0100%	4h	0.3503	−0.256%	$4.4M	$8.0M	75x	as long as short
OKX KAITO-USDT-SWAP	+0.0100%	4h	0.3499	−0.370%	$4.3M	$11.0M	50x	as long as short
Gate KAITO_USDT	+0.0100%	4h	0.3504	−0.228%	$658K	$1.7M	75x	as long as short
MEXC KAITO_USDT	+0.0100%	4h	0.3500	−0.342%	$3.0M	$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	0.3506	−0.171%	$1.4M	$164K	30x	as long as short
Bitget KAITOUSDT	+0.0100%	4h	0.3503	−0.256%	$4.4M	$3.5M	75x	as long as short
BingX KAITO-USDCshort	+0.0100%	4h	0.3503	−0.256%	—	$6.5M	—
Backpack KAITO_USDC_PERP	+0.0100%	1h	0.3500	−0.327%	$19K	$190K	10x	as long as short
Variational Omni KAITO	+0.0100%	4h	0.3509	−0.089%	$44K	$211K	—	as long as short
GRVT KAITO_USDT_Perp	+0.0100%	4h	0.3511	−0.031%	$239K	$2.5M	10x	as long as short
ApeX Omni KAITOUSDTlong	+0.0100%	1h	0.3512	long leg	$29K	$259K	50x
Polymarket Perps KAITO-USD	+0.0100%	1h	0.3502	−0.285%	$15K	$4.7M	5x	as long as short
Orderly PERP_KAITO_USDC_mythos	+0.0100%	4h	0.3504	−0.214%	$3K	$2K	10x	as long as short
Extended KAITO-USD	+0.0104%	1h	0.3501	−0.314%	$80K	$63K	10x	as long as short
Aevo KAITO-PERP	+0.0104%	1h	0.3501	−0.313%	$243K	—	3x	as long as short
edgeX KAITOUSDC	+0.0116%	4h	0.3513	+0.017%	$18K	$327K	5x	as long as short
Paradex KAITO-USD-PERP	+0.0122%	8h	0.3503	−0.266%	$4K	$604	10x	as long as short
Hyperliquid KAITO	+0.0649%	1h	0.3505	−0.191%	$2.0M	$867K	5x	as long as short
Kraken Futures PF_KAITOUSD	+0.0810%	1h	0.3501	−0.323%	$245K	$156K	10x	as long as short
Lighter KAITO	+0.1424%	1h	0.3513	+0.043%	$86K	$102K	5x	as long as short
01 Exchange KAITOUSD	+0.8240%	1h	0.3584	+2.064%	$6K	$988	3x	as long as short