Settings8H · net · $10k
Funding arb · Price arb /

KAITO

all KAITO markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees−0.374%−$37 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBackpack KAITO_USDC_PERP0.34430.0100pay 0.0013% / 1h8m 39s$18K$168K10x
ShortBingX KAITO-USDT0.34440.0100get 0.0050% / 4h2h 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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Backpack live order book, 14 min ago0.43 bp9.5 bp −$9doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 14 min ago2.89 bp14.1 bp −$1420.5 bp −$205147.4 bp −$14.7K637.7 bp −$318.9K

KAITO on 27 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_KAITOUSD−0.0257%1h0.3449+0.197%$236K$159K10xas long as short
Injective KAITO/USDC PERP−0.0057%1h0.3458+0.450%$7K$52K12xas long as short
Reya KAITORUSDPERP0.0000%1h0.3370−2.099%as long as short
BloFin KAITO-USDT+0.0095%4h0.3443+0.015%$538K$59K75xas long as short
Aster KAITOUSDT+0.0100%4h0.3444+0.047%$115K$34K10xas long as short
Pacifica KAITO+0.0100%1h0.3444+0.055%$17K$12K5xas long as short
Binance KAITOUSDT+0.0100%4h0.3443+0.015%$10.4M$15.7M75xas long as short
Bybit KAITOUSDT+0.0100%4h0.3446+0.102%$4.3M$6.6M75xas long as short
OKX KAITO-USDT-SWAP+0.0100%4h0.3440−0.073%$4.1M$9.9M50xas long as short
Gate KAITO_USDT+0.0100%4h0.3445+0.073%$669K$1.7M75xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC KAITO_USDT+0.0100%4h0.3443+0.015%$3.3M$1.1M50xas long as short
KuCoin KAITOUSDTM+0.0100%4h0.3445+0.073%$1.4M$166K30xas long as short
Bitget KAITOUSDT+0.0100%4h0.3447+0.131%$4.2M$2.9M75xas long as short
BingX KAITO-USDTshort+0.0100%4h0.3444+0.044%$6.7M
Backpack KAITO_USDC_PERPlong+0.0100%1h0.3443long leg$18K$168K10x
Variational Omni KAITO+0.0100%4h0.3447+0.143%$43K$236Kas long as short
GRVT KAITO_USDT_Perp+0.0100%4h0.3448+0.160%$230K$3.2M10xas long as short
ApeX Omni KAITOUSDT+0.0100%1h0.3445+0.073%$29K$256K50xas long as short
Polymarket Perps KAITO-USD+0.0100%1h0.3446+0.107%$13K$4.0M5xas long as short
Orderly PERP_KAITO_USDC_mythos+0.0100%4h0.3445+0.078%$3K$2K10xas long as short
Paradex KAITO-USD-PERP+0.0102%8h0.3443+0.024%$4K$60410xas long as short
Extended KAITO-USD+0.0104%1h0.3444+0.055%$62K$41K10xas long as short
Aevo KAITO-PERP+0.0104%1h0.3447+0.130%$239K$1K3xas long as short
edgeX KAITOUSDC+0.0119%4h0.3445+0.059%$17K$320K5xas long as short
01 Exchange KAITOUSD+0.0200%1h0.3442−0.003%$6K$2K3xas long as short
Hyperliquid KAITO+0.0656%1h0.3449+0.186%$2.0M$744K5xas long as short
Lighter KAITO+0.1144%1h0.3457+0.430%$83K$82K5xas long as short