Funding arb · Price arb /

KAITO

all KAITO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0015%/8h= +1.7% APRpaid last 24h +0.001%

Price spread now: Paradex against Bitget−0.089%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Bitget Short on Paradex

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropParadex: Active · farm boardneeds both histories

Funding pays, the price is against you. Paradex is 0.089% cheaper against Bitget than usual: you would sell low and buy high (spread −0.089% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$9 on $10k: about 19 days of funding at the current rate ($0 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget KAITOUSDT	0.3534	0.0100	pay 0.0050% / 4h	2h 06m	$4.4M	$3.5M	75x
Short	Paradex KAITO-USD-PERP	0.3531	0.0115	get 0.0115% / 8h	2h 06m	$4K	$604	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex against Bitget. 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 BitgetbpFee ParadexbpOrdersPrice spread, now −0.089%Rate

Funding earned: $3.24
Price spread: −0.089% → 0.000%: −$8.92
Slippage, 4 orders: no order book: not counted
Fee Bitget: 6 bp × 2 orders: −$12
Fee Paradex: 2 bp × 2 orders: −$4
Net: −$21.68
Costs to cover: 0.160%
Break-even: 53.8 days

Slippage unknown: Bitget: live order book, 1 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 Bitget live order book, 1 min ago	1.42 bp	19.8 bp −$20	54.0 bp −$540	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	−0.0060%	1h	0.3517	−0.481%	$7K	$52K	12x	as long as short
Reya KAITORUSDPERP	0.0000%	1h	0.3370	−4.630%	—	—	—	as long as short
BloFin KAITO-USDT	+0.0064%	4h	0.3519	−0.424%	$549K	$68K	75x	as long as short
Backpack KAITO_USDC_PERP	+0.0096%	1h	0.3518	−0.453%	$20K	$186K	10x	as long as short
Aster KAITOUSDT	+0.0100%	4h	0.3528	−0.181%	$119K	$51K	10x	as long as short
Pacifica KAITO	+0.0100%	1h	0.3528	−0.183%	$18K	$14K	5x	as long as short
Binance KAITOUSDT	+0.0100%	4h	0.3530	−0.113%	$10.8M	$17.2M	75x	as long as short
Bybit KAITOUSDT	+0.0100%	4h	0.3533	−0.028%	$4.4M	$8.0M	75x	as long as short
OKX KAITO-USDT-SWAP	+0.0100%	4h	0.3527	−0.198%	$4.3M	$11.1M	50x	as long as short
Gate KAITO_USDT	+0.0100%	4h	0.3527	−0.198%	$662K	$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	0.3529	−0.141%	$3.0M	$1.2M	50x	as long as short
KuCoin KAITOUSDTM	+0.0100%	4h	0.3523	−0.311%	$1.4M	$172K	30x	as long as short
Bitget KAITOUSDTlong	+0.0100%	4h	0.3534	long leg	$4.4M	$3.5M	75x
BingX KAITO-USDT	+0.0100%	4h	0.3531	−0.085%	—	$6.7M	—	as long as short
Variational Omni KAITO	+0.0100%	4h	0.3517	−0.470%	$44K	$211K	—	as long as short
GRVT KAITO_USDT_Perp	+0.0100%	4h	0.3515	−0.538%	$240K	$2.5M	10x	as long as short
ApeX Omni KAITOUSDT	+0.0100%	1h	0.3512	−0.623%	$29K	$261K	50x	as long as short
Polymarket Perps KAITO-USD	+0.0100%	1h	0.3531	−0.074%	$16K	$4.7M	5x	as long as short
Orderly PERP_KAITO_USDC_mythos	+0.0100%	4h	0.3518	−0.464%	$3K	$2K	10x	as long as short
Extended KAITO-USD	+0.0104%	1h	0.3531	−0.091%	$81K	$63K	10x	as long as short
Aevo KAITO-PERP	+0.0104%	1h	0.3518	−0.441%	$244K	—	3x	as long as short
Paradex KAITO-USD-PERPshort	+0.0115%	8h	0.3531	−0.089%	$4K	$604	10x
edgeX KAITOUSDC	+0.0117%	4h	0.3515	−0.532%	$18K	$325K	5x	as long as short
Kraken Futures PF_KAITOUSD	+0.0384%	1h	0.3518	−0.450%	$247K	$155K	10x	as long as short
Hyperliquid KAITO	+0.0838%	1h	0.3527	−0.193%	$2.1M	$864K	5x	as long as short
Lighter KAITO	+0.1480%	1h	0.3539	+0.156%	$87K	$101K	5x	as long as short
01 Exchange KAITOUSD	+0.8080%	1h	0.3530	−0.108%	$6K	$1K	3x	as long as short