KAITO

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h +0.026%

Price spread now: Aevo against Backpack+0.069%7-day average 0.000% · you sell dearer than you buy

Net, funding: paid 7d − costs−$176as in the Funding arb table

Net, price: spread back to 7d avg − costs−$138as in the Price arb table

costs, in and out, $10k−$1441.444% of the position

Long on Backpack Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 7 days−0.315%−$31 on $10k

Price spread, last 4 days (all we have)−0.123%−$12 · spread now +0.069%, 7d avg 0.000%

Together, before fees−0.437%−$44 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: Aevo is 0.069% dearer against Backpack than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of 0.000%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Backpack KAITO_USDC_PERP	0.3502	0.0100	pay 0.0013% / 1h	55m 46s	$20K	$185K	10x
Short	Aevo KAITO-PERP	0.3504	0.0104	get 0.0013% / 1h	55m 46s	$243K	—	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Backpack. 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 BackpackbpFee AevobpOrdersPrice spread, now +0.069%Rate

Funding earned: $0.84
Price spread: +0.069% → 0.000%: $6.87
Slippage, 4 orders: −$118.44
Fee Backpack: 5 bp × 2 orders: −$10
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$136.73
Costs to cover: 1.444%
Break-even: 1146.4 days

Slippage from Backpack: live order book, 52 min ago; Aevo: live order book, 53 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 Backpack live order book, 52 min ago	0.99 bp	11.5 bp −$11	doesn't fit	doesn't fit	doesn't fit
Sell Aevo live order book, 53 min ago	43.99 bp	66.9 bp −$67	doesn't fit	doesn't fit	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	−3.763%	—	—	—	as long as short
Injective KAITO/USDC PERP	+0.0044%	1h	0.3517	+0.425%	$7K	$52K	12x	as long as short
BloFin KAITO-USDT	+0.0083%	4h	0.3512	+0.283%	$555K	$68K	75x	as long as short
Aster KAITOUSDT	+0.0100%	4h	0.3501	−0.037%	$118K	$51K	10x	as long as short
Pacifica KAITO	+0.0100%	1h	0.3506	+0.117%	$18K	$14K	5x	as long as short
Binance KAITOUSDT	+0.0100%	4h	0.3502	−0.003%	$10.7M	$17.2M	75x	as long as short
Bybit KAITOUSDT	+0.0100%	4h	0.3503	+0.026%	$4.4M	$8.0M	75x	as long as short
OKX KAITO-USDT-SWAP	+0.0100%	4h	0.3501	−0.031%	$4.3M	$11.1M	50x	as long as short
Gate KAITO_USDT	+0.0100%	4h	0.3502	−0.003%	$659K	$1.7M	75x	as long as short
MEXC KAITO_USDT	+0.0100%	4h	0.3502	−0.003%	$3.0M	$1.1M	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	+0.111%	$1.4M	$171K	30x	as long as short
Bitget KAITOUSDT	+0.0100%	4h	0.3505	+0.083%	$4.4M	$3.5M	75x	as long as short
BingX KAITO-USDC	+0.0100%	4h	0.3504	+0.054%	—	$6.5M	—	as long as short
Backpack KAITO_USDC_PERPlong	+0.0100%	1h	0.3502	long leg	$20K	$185K	10x
Variational Omni KAITO	+0.0100%	4h	0.3508	+0.165%	$44K	$211K	—	as long as short
GRVT KAITO_USDT_Perp	+0.0100%	4h	0.3514	+0.344%	$239K	$2.5M	10x	as long as short
ApeX Omni KAITOUSDT	+0.0100%	1h	0.3514	+0.340%	$29K	$260K	50x	as long as short
Polymarket Perps KAITO-USD	+0.0100%	1h	0.3506	+0.111%	$12K	$4.6M	5x	as long as short
Orderly PERP_KAITO_USDC_mythos	+0.0100%	4h	0.3504	+0.060%	$3K	$2K	10x	as long as short
Extended KAITO-USD	+0.0104%	1h	0.3504	+0.051%	$80K	$63K	10x	as long as short
Aevo KAITO-PERPshort	+0.0104%	1h	0.3504	+0.069%	$243K	—	3x
edgeX KAITOUSDC	+0.0106%	4h	0.3510	+0.239%	$18K	$324K	5x	as long as short
Paradex KAITO-USD-PERP	+0.0114%	8h	0.3505	+0.083%	$4K	$604	10x	as long as short
Hyperliquid KAITO	+0.0677%	1h	0.3507	+0.128%	$2.0M	$865K	5x	as long as short
Kraken Futures PF_KAITOUSD	+0.0809%	1h	0.3505	+0.074%	$246K	$156K	10x	as long as short
Lighter KAITO	+0.1488%	1h	0.3517	+0.431%	$87K	$101K	5x	as long as short
01 Exchange KAITOUSD	+0.7664%	1h	0.3586	+2.396%	$6K	$988	3x	as long as short