Funding you earn now, next payment 00:00 UTC+0.0001%/8h= +0.1% APRpaid last 24h +0.007%
Price spread now: Paradex against Backpack−0.024%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Paradex is 0.024% cheaper against Backpack than usual: you would sell low and buy high, −$2 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack KAITO_USDC_PERP | 0.3492 | 0.0100 | pay 0.0013% / 1h | 46m 03s | $19K | $165K | 10x |
| Short | Paradex KAITO-USD-PERP | 0.3491 | 0.0101 | get 0.0101% / 8h | 46m 03s | $4K | $604 | 10x |
Backpack KAITO_USDC_PERP
Paradex KAITO-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex 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
- $0.24
- Price spread: −0.024% → 0.000%
- −$2.38
- Slippage, 4 orders
- no order book: not counted
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$16.14
- Costs to cover
- 0.140%
- Break-even
- 472.8 days
Slippage unknown: Backpack: live order book, 32 min ago; Paradex: no order-book sample. Net counts fees only.
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, 32 min ago | 0.72 bp | 9.2 bp −$9 | doesn't fit | doesn't fit | doesn't fit |
| Sell Paradex no order-book sample | — | — | — | — | — |
Paradex: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | |
|---|---|---|---|---|---|---|---|---|
| Injective KAITO/USDC PERP | −0.0010% | 1h | 0.3485 | −0.198% | $7K | $52K | 12x | as long as short |
| Reya KAITORUSDPERP | 0.0000% | 1h | 0.3370 | −3.486% | — | — | — | as long as short |
| Aster KAITOUSDT | +0.0100% | 4h | 0.3492 | +0.005% | $117K | $34K | 10x | as long as short |
| Pacifica KAITO | +0.0100% | 1h | 0.3489 | −0.083% | $18K | $12K | 5x | as long as short |
| Binance KAITOUSDT | +0.0100% | 4h | 0.3492 | +0.003% | $10.6M | $15.7M | 75x | as long as short |
| Bybit KAITOUSDT | +0.0100% | 4h | 0.3494 | +0.060% | $4.4M | $6.7M | 75x | as long as short |
| OKX KAITO-USDT-SWAP | +0.0100% | 4h | 0.3491 | −0.026% | $4.2M | $10.0M | 50x | as long as short |
| Gate KAITO_USDT | +0.0100% | 4h | 0.3493 | +0.032% | $692K | $1.7M | 75x | as long as short |
| MEXC KAITO_USDT | +0.0100% | 4h | 0.3492 | +0.003% | $3.3M | $1.0M | 50x | as long as short |
| KuCoin KAITOUSDTM | +0.0100% | 4h | 0.3495 | +0.089% | $1.4M | $166K | 30x | as long as short |
Injective KAITO/USDC PERP
Reya KAITORUSDPERP
Aster KAITOUSDT
Pacifica KAITO
Binance KAITOUSDT
Bybit KAITOUSDT
OKX KAITO-USDT-SWAP
Gate KAITO_USDT
MEXC KAITO_USDT
KuCoin KAITOUSDTMShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget KAITOUSDT | +0.0100% | 4h | 0.3492 | +0.003% | $4.3M | $3.0M | 75x | as long as short |
| BingX KAITO-USDC | +0.0100% | 4h | 0.3492 | +0.003% | — | $6.5M | — | as long as short |
| Backpack KAITO_USDC_PERPlong | +0.0100% | 1h | 0.3492 | long leg | $19K | $165K | 10x | |
| Variational Omni KAITO | +0.0100% | 4h | 0.3498 | +0.176% | $44K | $231K | — | as long as short |
| GRVT KAITO_USDT_Perp | +0.0100% | 4h | 0.3494 | +0.071% | $236K | $3.0M | 10x | as long as short |
| ApeX Omni KAITOUSDT | +0.0100% | 1h | 0.3494 | +0.060% | $30K | $257K | 50x | as long as short |
| Polymarket Perps KAITO-USD | +0.0100% | 1h | 0.3494 | +0.049% | $11K | $4.2M | 5x | as long as short |
| Orderly PERP_KAITO_USDC_mythos | +0.0100% | 4h | 0.3491 | −0.020% | $3K | $2K | 10x | as long as short |
| Paradex KAITO-USD-PERPshort | +0.0101% | 8h | 0.3491 | −0.024% | $4K | $604 | 10x | |
| edgeX KAITOUSDC | +0.0103% | 4h | 0.3495 | +0.078% | $17K | $322K | 5x | as long as short |
| Extended KAITO-USD | +0.0104% | 1h | 0.3493 | +0.028% | $62K | $41K | 10x | as long as short |
| Aevo KAITO-PERP | +0.0104% | 1h | 0.3493 | +0.046% | $242K | $1K | 3x | as long as short |
| BloFin KAITO-USDT | +0.0158% | 4h | 0.3487 | −0.140% | $545K | $61K | 75x | as long as short |
| Hyperliquid KAITO | +0.0791% | 1h | 0.3500 | +0.232% | $2.0M | $758K | 5x | as long as short |
| Kraken Futures PF_KAITOUSD | +0.1001% | 1h | 0.3493 | +0.038% | $241K | $156K | 10x | as long as short |
| Lighter KAITO | +0.1320% | 1h | 0.3505 | +0.387% | $84K | $82K | 5x | as long as short |
| 01 Exchange KAITOUSD | +0.8464% | 1h | 0.3579 | +2.503% | $6K | $2K | 3x | as long as short |
Bitget KAITOUSDT
BingX KAITO-USDC
Variational Omni KAITO
GRVT KAITO_USDT_Perp
ApeX Omni KAITOUSDT
Polymarket Perps KAITO-USD
Orderly PERP_KAITO_USDC_mythos
edgeX KAITOUSDC
Extended KAITO-USD
Aevo KAITO-PERP
BloFin KAITO-USDT
Hyperliquid KAITO
Kraken Futures PF_KAITOUSD
Lighter KAITO
01 Exchange KAITOUSD