Funding arb · Price arb /

KAITO

all KAITO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0025%/8h= −2.8% APRpaid last 24h 0.000%

Price spread now: Aevo against BloFin−0.050%7-day average −0.023% · you buy dearer than you sell

Net, funding: paid 7d − costs−$142as in the Funding arb table

Net, price: spread back to 7d avg − costs−$150as in the Price arb table

costs, in and out, $10k−$1471.470% of the position

Long on BloFin Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 7 days+0.050%+$5 on $10k

Price spread, last 4 days (all we have)−0.228%−$23 · spread now −0.050%, 7d avg −0.023%

Together, before fees−0.178%−$18 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Aevo is 0.027% cheaper against BloFin than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.023%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin KAITO-USDT	0.3501	0.0129	pay 0.0065% / 4h	1h 26m	$559K	$65K	75x
Short	Aevo KAITO-PERP	0.3499	0.0104	get 0.0013% / 1h	26m 46s	$243K	—	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against BloFin. 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 BloFinbpFee AevobpOrdersPrice spread, now −0.050%Rate

Funding earned: −$5.34
Price spread: −0.050% → −0.023%: −$2.68
Slippage, 4 orders: −$119.01
Fee BloFin: 6 bp × 2 orders: −$12
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$155.03
Costs to cover: 1.470%
Break-even: never at this rate

Slippage from BloFin: live order book, 14 min ago; Aevo: live order book, 37 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 BloFin live order book, 14 min ago	1.42 bp	13.0 bp −$13	24.0 bp −$240	doesn't fit	doesn't fit
Sell Aevo live order book, 37 min ago	41.14 bp	57.7 bp −$58	288.2 bp −$2,882	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
Injective KAITO/USDC PERP	−0.0368%	1h	0.3510	+0.257%	$7K	$52K	12x	as long as short
Backpack KAITO_USDC_PERP	−0.0137%	1h	0.3502	+0.031%	$20K	$196K	10x	as long as short
Reya KAITORUSDPERP	0.0000%	1h	0.3370	−3.734%	—	—	—	as long as short
Pacifica KAITO	+0.0100%	1h	0.3505	+0.109%	$18K	$15K	5x	as long as short
Binance KAITOUSDT	+0.0100%	4h	0.3503	+0.057%	$10.6M	$16.5M	75x	as long as short
Bybit KAITOUSDT	+0.0100%	4h	0.3507	+0.171%	$4.5M	$7.2M	75x	as long as short
OKX KAITO-USDT-SWAP	+0.0100%	4h	0.3500	−0.029%	$4.3M	$10.4M	50x	as long as short
Gate KAITO_USDT	+0.0100%	4h	0.3505	+0.114%	$682K	$1.7M	75x	as long as short
MEXC KAITO_USDT	+0.0100%	4h	0.3502	+0.029%	$3.3M	$1.0M	50x	as long as short
KuCoin KAITOUSDTM	+0.0100%	4h	0.3504	+0.086%	$1.4M	$165K	30x	as long as short

Show all 27 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget KAITOUSDT	+0.0100%	4h	0.3507	+0.171%	$4.5M	$3.3M	75x	as long as short
BingX KAITO-USDT	+0.0100%	4h	0.3504	+0.086%	—	$6.7M	—	as long as short
GRVT KAITO_USDT_Perp	+0.0100%	4h	0.3521	+0.570%	$236K	$2.7M	10x	as long as short
ApeX Omni KAITOUSDT	+0.0100%	1h	0.3518	+0.486%	$30K	$257K	50x	as long as short
Polymarket Perps KAITO-USD	+0.0100%	1h	0.3503	+0.043%	$13K	$4.2M	5x	as long as short
Orderly PERP_KAITO_USDC_mythos	+0.0100%	4h	0.3500	−0.017%	$3K	$2K	10x	as long as short
Extended KAITO-USD	+0.0104%	1h	0.3506	+0.137%	$78K	$54K	10x	as long as short
Aevo KAITO-PERPshort	+0.0104%	1h	0.3499	−0.050%	$243K	—	3x
edgeX KAITOUSDC	+0.0115%	4h	0.3516	+0.418%	$18K	$321K	5x	as long as short
Aster KAITOUSDT	+0.0121%	4h	0.3504	+0.078%	$120K	$46K	10x	as long as short
BloFin KAITO-USDTlong	+0.0129%	4h	0.3501	long leg	$559K	$65K	75x
Paradex KAITO-USD-PERP	+0.0137%	8h	0.3503	+0.068%	$4K	$604	10x	as long as short
Variational Omni KAITO	+0.0140%	4h	0.3520	+0.551%	$44K	$228K	—	as long as short
Kraken Futures PF_KAITOUSD	+0.0699%	1h	0.3503	+0.052%	$245K	$151K	10x	as long as short
Hyperliquid KAITO	+0.0900%	1h	0.3508	+0.200%	$2.1M	$786K	5x	as long as short
Lighter KAITO	+0.1592%	1h	0.3519	+0.503%	$87K	$93K	5x	as long as short
01 Exchange KAITOUSD	+0.8064%	1h	0.3580	+2.259%	$6K	$2K	3x	as long as short