Funding arb · Price arb /

KAITO

all KAITO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: KuCoin against BingX+0.113%7-day average +0.002% · you sell dearer than you buy

Net, funding: paid 7d − costs−$146as in the Funding arb table

Net, price: spread back to 7d avg − costs−$134as in the Price arb table

costs, in and out, $10k−$1451.453% of the position

Long on BingX Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.011%−$1 on $10k

Price spread, last 7 days−0.085%−$9 · spread now +0.113%, 7d avg +0.002%

Together, before fees−0.096%−$10 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: KuCoin is 0.111% dearer against BingX than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of +0.002%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX KAITO-USDT	0.3537	0.0100	pay 0.0050% / 4h	3h 42m	—	$6.7M	—
Short	KuCoin KAITOUSDTM	0.3541	0.0100	get 0.0050% / 4h	3h 42m	$1.4M	$167K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against BingX. 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 BingXbpFee KuCoinbpOrdersPrice spread, now +0.113%Rate

Funding earned: $0
Price spread: +0.113% → +0.002%: $11.14
Slippage, 4 orders: −$123.35
Fee BingX: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$134.2
Costs to cover: 1.453%
Break-even: never at this rate

Slippage from BingX: live order book, 10 min ago; KuCoin: live order book, 3 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 BingX live order book, 10 min ago	4.23 bp	14.6 bp −$15	22.4 bp −$224	231.4 bp −$23.1K	630.4 bp −$315.2K
Sell KuCoin live order book, 3 min ago	5.64 bp	70.5 bp −$71	866.2 bp −$8,662	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
Backpack KAITO_USDC_PERP	−0.0309%	1h	0.3541	+0.107%	$19K	$177K	10x	as long as short
Reya KAITORUSDPERP	0.0000%	1h	0.3370	−4.711%	—	—	—	as long as short
Injective KAITO/USDC PERP	+0.0009%	1h	0.3544	+0.198%	$7K	$52K	12x	as long as short
Kraken Futures PF_KAITOUSD	+0.0030%	1h	0.3539	+0.070%	$248K	$155K	10x	as long as short
Aster KAITOUSDT	+0.0100%	4h	0.3540	+0.091%	$120K	$51K	10x	as long as short
Pacifica KAITO	+0.0100%	1h	0.3542	+0.141%	$18K	$14K	5x	as long as short
Binance KAITOUSDT	+0.0100%	4h	0.3537	+0.001%	$10.8M	$16.9M	75x	as long as short
Bybit KAITOUSDT	+0.0100%	4h	0.3536	−0.028%	$4.4M	$7.7M	75x	as long as short
OKX KAITO-USDT-SWAP	+0.0100%	4h	0.3534	−0.085%	$4.4M	$10.7M	50x	as long as short
Gate KAITO_USDT	+0.0100%	4h	0.3539	+0.057%	$674K	$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	0.3537	0.000%	$3.2M	$1.1M	50x	as long as short
KuCoin KAITOUSDTMshort	+0.0100%	4h	0.3541	+0.113%	$1.4M	$167K	30x
Bitget KAITOUSDT	+0.0100%	4h	0.3539	+0.057%	$4.5M	$3.4M	75x	as long as short
BingX KAITO-USDTlong	+0.0100%	4h	0.3537	long leg	—	$6.7M	—
Variational Omni KAITO	+0.0100%	4h	0.3544	+0.195%	$44K	$211K	—	as long as short
GRVT KAITO_USDT_Perp	+0.0100%	4h	0.3542	+0.152%	$244K	$2.5M	10x	as long as short
ApeX Omni KAITOUSDT	+0.0100%	1h	0.3544	+0.198%	$28K	$258K	50x	as long as short
Polymarket Perps KAITO-USD	+0.0100%	1h	0.3542	+0.141%	$22K	$4.5M	5x	as long as short
Orderly PERP_KAITO_USDC_mythos	+0.0100%	4h	0.3539	+0.071%	$3K	$2K	10x	as long as short
Extended KAITO-USD	+0.0104%	1h	0.3537	+0.001%	$79K	$62K	10x	as long as short
Aevo KAITO-PERP	+0.0104%	1h	0.3539	+0.044%	$246K	—	3x	as long as short
edgeX KAITOUSDC	+0.0106%	4h	0.3538	+0.035%	$17K	$326K	5x	as long as short
Paradex KAITO-USD-PERP	+0.0114%	8h	0.3540	+0.098%	$4K	$604	10x	as long as short
BloFin KAITO-USDT	+0.0155%	4h	0.3539	+0.057%	$558K	$68K	75x	as long as short
Hyperliquid KAITO	+0.0658%	1h	0.3540	+0.090%	$2.1M	$820K	5x	as long as short
Lighter KAITO	+0.1120%	1h	0.3552	+0.421%	$88K	$101K	5x	as long as short
01 Exchange KAITOUSD	+0.3480%	1h	0.3639	+2.875%	$6K	$2K	3x	as long as short