Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.006%
Price spread now: BingX against Backpack+0.044%7-day average +0.028% · you sell dearer than you buy
Net, funding: paid 7d − costs−$78as in the Funding arb table
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$450.452% of the position
Funding, last 7 days−0.324%−$32 on $10k
+Price spread, last 4 days (all we have)−0.050%−$5 · spread now +0.044%, 7d avg +0.028%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack KAITO_USDC_PERP | 0.3443 | 0.0100 | pay 0.0013% / 1h | 8m 39s | $18K | $168K | 10x |
| Short | BingX KAITO-USDT | 0.3444 | 0.0100 | get 0.0050% / 4h | 2h 08m | — | $6.7M | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Backpack. 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
- $0
- Price spread: +0.044% → +0.028%
- $1.6
- Slippage, 4 orders
- −$25.2
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$43.59
- Costs to cover
- 0.452%
- Break-even
- never at this rate
Slippage from Backpack: live order book, 14 min ago; BingX: live order book, 14 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, 14 min ago | 0.43 bp | 9.5 bp −$9 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 14 min ago | 2.89 bp | 14.1 bp −$14 | 20.5 bp −$205 | 147.4 bp −$14.7K | 637.7 bp −$318.9K |
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 | 0.3449 | +0.197% | $236K | $159K | 10x | as long as short |
| Injective KAITO/USDC PERP | −0.0057% | 1h | 0.3458 | +0.450% | $7K | $52K | 12x | as long as short |
| Reya KAITORUSDPERP | 0.0000% | 1h | 0.3370 | −2.099% | — | — | — | as long as short |
| BloFin KAITO-USDT | +0.0095% | 4h | 0.3443 | +0.015% | $538K | $59K | 75x | as long as short |
| Aster KAITOUSDT | +0.0100% | 4h | 0.3444 | +0.047% | $115K | $34K | 10x | as long as short |
| Pacifica KAITO | +0.0100% | 1h | 0.3444 | +0.055% | $17K | $12K | 5x | as long as short |
| Binance KAITOUSDT | +0.0100% | 4h | 0.3443 | +0.015% | $10.4M | $15.7M | 75x | as long as short |
| Bybit KAITOUSDT | +0.0100% | 4h | 0.3446 | +0.102% | $4.3M | $6.6M | 75x | as long as short |
| OKX KAITO-USDT-SWAP | +0.0100% | 4h | 0.3440 | −0.073% | $4.1M | $9.9M | 50x | as long as short |
| Gate KAITO_USDT | +0.0100% | 4h | 0.3445 | +0.073% | $669K | $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 | 0.3443 | +0.015% | $3.3M | $1.1M | 50x | as long as short |
| KuCoin KAITOUSDTM | +0.0100% | 4h | 0.3445 | +0.073% | $1.4M | $166K | 30x | as long as short |
| Bitget KAITOUSDT | +0.0100% | 4h | 0.3447 | +0.131% | $4.2M | $2.9M | 75x | as long as short |
| BingX KAITO-USDTshort | +0.0100% | 4h | 0.3444 | +0.044% | — | $6.7M | — | |
| Backpack KAITO_USDC_PERPlong | +0.0100% | 1h | 0.3443 | long leg | $18K | $168K | 10x | |
| Variational Omni KAITO | +0.0100% | 4h | 0.3447 | +0.143% | $43K | $236K | — | as long as short |
| GRVT KAITO_USDT_Perp | +0.0100% | 4h | 0.3448 | +0.160% | $230K | $3.2M | 10x | as long as short |
| ApeX Omni KAITOUSDT | +0.0100% | 1h | 0.3445 | +0.073% | $29K | $256K | 50x | as long as short |
| Polymarket Perps KAITO-USD | +0.0100% | 1h | 0.3446 | +0.107% | $13K | $4.0M | 5x | as long as short |
| Orderly PERP_KAITO_USDC_mythos | +0.0100% | 4h | 0.3445 | +0.078% | $3K | $2K | 10x | as long as short |
| Paradex KAITO-USD-PERP | +0.0102% | 8h | 0.3443 | +0.024% | $4K | $604 | 10x | as long as short |
| Extended KAITO-USD | +0.0104% | 1h | 0.3444 | +0.055% | $62K | $41K | 10x | as long as short |
| Aevo KAITO-PERP | +0.0104% | 1h | 0.3447 | +0.130% | $239K | $1K | 3x | as long as short |
| edgeX KAITOUSDC | +0.0119% | 4h | 0.3445 | +0.059% | $17K | $320K | 5x | as long as short |
| 01 Exchange KAITOUSD | +0.0200% | 1h | 0.3442 | −0.003% | $6K | $2K | 3x | as long as short |
| Hyperliquid KAITO | +0.0656% | 1h | 0.3449 | +0.186% | $2.0M | $744K | 5x | as long as short |
| Lighter KAITO | +0.1144% | 1h | 0.3457 | +0.430% | $83K | $82K | 5x | as long as short |
Backpack KAITO_USDC_PERP
BingX KAITO-USDT
Kraken Futures PF_KAITOUSD
Injective KAITO/USDC PERP
BloFin KAITO-USDT
Aster KAITOUSDT
Pacifica KAITO
Binance KAITOUSDT
Bybit KAITOUSDT
OKX KAITO-USDT-SWAP
Gate KAITO_USDT
MEXC KAITO_USDT
KuCoin KAITOUSDTM
Bitget KAITOUSDT
Variational Omni KAITO
GRVT KAITO_USDT_Perp
ApeX Omni KAITOUSDT
Polymarket Perps KAITO-USD
Paradex KAITO-USD-PERP
Extended KAITO-USD
edgeX KAITOUSDC
01 Exchange KAITOUSD
Hyperliquid KAITO
Lighter KAITO