Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$0.13 per $10,000 · paid last 24h —
Price spread now: Reya against Backpack−4.828%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Reya is 4.828% cheaper against Backpack than usual: you would sell low and buy high (−$483 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack KAITO_USDC_PERP | 0.3541 | 0.0100 | pay 0.0013% / 1h | 36m 46s | $20K | $192K | 10x |
| Short | Reya KAITORUSDPERP | 0.3370 | 0 | get 0.0000% / 1h | 36m 46s | — | — | — |
Backpack KAITO_USDC_PERP
Reya KAITORUSDPERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Reya 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
- −$21
- Price spread: −4.828% → 0.000%
- −$482.84
- Slippage, 4 orders
- no order book: not counted
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- −$519.84
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Backpack: live order book, 1 min ago; Reya: 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, 1 min ago | 0.71 bp | 10.6 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
| Sell Reya no order-book sample | — | — | — | — | — |
Reya: 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 | |
|---|---|---|---|---|---|---|---|---|
| Reya KAITORUSDPERPshort | 0.0000% | 1h | 0.3370 | −4.828% | — | — | — | |
| Injective KAITO/USDC PERP | +0.0068% | 1h | 0.3534 | −0.206% | $7K | $52K | 12x | as long as short |
| BloFin KAITO-USDT | +0.0078% | 4h | 0.3537 | −0.121% | $555K | $68K | 75x | as long as short |
| Aster KAITOUSDT | +0.0100% | 4h | 0.3542 | +0.011% | $118K | $51K | 10x | as long as short |
| Pacifica KAITO | +0.0100% | 1h | 0.3544 | +0.064% | $19K | $14K | 5x | as long as short |
| Binance KAITOUSDT | +0.0100% | 4h | 0.3542 | +0.020% | $10.8M | $17.5M | 75x | as long as short |
| Bybit KAITOUSDT | +0.0100% | 4h | 0.3545 | +0.104% | $4.6M | $8.3M | 75x | as long as short |
| OKX KAITO-USDT-SWAP | +0.0100% | 4h | 0.3539 | −0.065% | $4.3M | $11.3M | 50x | as long as short |
| Gate KAITO_USDT | +0.0100% | 4h | 0.3539 | −0.065% | $660K | $1.7M | 75x | as long as short |
| MEXC KAITO_USDT | +0.0100% | 4h | 0.3543 | +0.048% | $3.0M | $1.2M | 50x | as long as short |
Injective KAITO/USDC PERP
BloFin KAITO-USDT
Aster KAITOUSDT
Pacifica KAITO
Binance KAITOUSDT
Bybit KAITOUSDT
OKX KAITO-USDT-SWAP
Gate KAITO_USDT
MEXC KAITO_USDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin KAITOUSDTM | +0.0100% | 4h | 0.3542 | +0.020% | $1.4M | $162K | 30x | as long as short |
| Bitget KAITOUSDT | +0.0100% | 4h | 0.3545 | +0.104% | $4.4M | $3.5M | 75x | as long as short |
| BingX KAITO-USDT | +0.0100% | 4h | 0.3542 | +0.020% | — | $6.7M | — | as long as short |
| Backpack KAITO_USDC_PERPlong | +0.0100% | 1h | 0.3541 | long leg | $20K | $192K | 10x | |
| Variational Omni KAITO | +0.0100% | 4h | 0.3541 | 0.000% | $45K | $211K | — | as long as short |
| GRVT KAITO_USDT_Perp | +0.0100% | 4h | 0.3527 | −0.404% | $251K | $2.4M | 10x | as long as short |
| ApeX Omni KAITOUSDT | +0.0100% | 1h | 0.3537 | −0.121% | $30K | $259K | 50x | as long as short |
| Polymarket Perps KAITO-USD | +0.0100% | 1h | 0.3543 | +0.056% | $20K | $4.9M | 5x | as long as short |
| Orderly PERP_KAITO_USDC_mythos | +0.0100% | 4h | 0.3539 | −0.056% | $3K | $2K | 10x | as long as short |
| Extended KAITO-USD | +0.0104% | 1h | 0.3545 | +0.099% | $81K | $63K | 10x | as long as short |
| Aevo KAITO-PERP | +0.0104% | 1h | 0.3545 | +0.100% | $246K | — | 3x | as long as short |
| edgeX KAITOUSDC | +0.0108% | 4h | 0.3527 | −0.415% | $17K | $326K | 5x | as long as short |
| Paradex KAITO-USD-PERP | +0.0111% | 8h | 0.3541 | −0.021% | $4K | $604 | 10x | as long as short |
| Hyperliquid KAITO | +0.0277% | 1h | 0.3549 | +0.215% | $2.1M | $875K | 5x | as long as short |
| Kraken Futures PF_KAITOUSD | +0.0661% | 1h | 0.3532 | −0.262% | $249K | $159K | 10x | as long as short |
| Lighter KAITO | +0.0824% | 1h | 0.3557 | +0.435% | $87K | $102K | 5x | as long as short |
| 01 Exchange KAITOUSD | +0.4368% | 1h | 0.3543 | +0.059% | $6K | $988 | 3x | as long as short |
KuCoin KAITOUSDTM
Bitget KAITOUSDT
BingX KAITO-USDT
Variational Omni KAITO
GRVT KAITO_USDT_Perp
ApeX Omni KAITOUSDT
Polymarket Perps KAITO-USD
Orderly PERP_KAITO_USDC_mythos
Extended KAITO-USD
Aevo KAITO-PERP
edgeX KAITOUSDC
Paradex KAITO-USD-PERP
Hyperliquid KAITO
Kraken Futures PF_KAITOUSD
Lighter KAITO
01 Exchange KAITOUSD