Funding arb · Price arb /

KAITO

all KAITO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h −0.004%

Price spread now: Paradex against BloFin−0.032%7-day average — · you buy dearer than you sell

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

Long on BloFin 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 0.032% cheaper against BloFin than usual: you would sell low and buy high (spread −0.032% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 2.1 days of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin KAITO-USDT	0.3549	0.0060	pay 0.0030% / 4h	34m 53s	$557K	$68K	75x
Short	Paradex KAITO-USD-PERP	0.3548	0.0111	get 0.0111% / 8h	34m 53s	$4K	$604	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex 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 ParadexbpOrdersPrice spread, now −0.032%Rate

Funding earned: $10.58
Price spread: −0.032% → 0.000%: −$3.18
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee Paradex: 2 bp × 2 orders: −$4
Net: −$8.6
Costs to cover: 0.160%
Break-even: 12.7 days

Slippage unknown: BloFin: live order book, 46 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 BloFin live order book, 46 min ago	2.85 bp	12.0 bp −$12	19.1 bp −$191	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
Reya KAITORUSDPERP	0.0000%	1h	0.3370	−5.036%	—	—	—	as long as short
BloFin KAITO-USDTlong	+0.0060%	4h	0.3549	long leg	$557K	$68K	75x
Injective KAITO/USDC PERP	+0.0068%	1h	0.3534	−0.423%	$7K	$52K	12x	as long as short
Aster KAITOUSDT	+0.0100%	4h	0.3547	−0.064%	$119K	$51K	10x	as long as short
Pacifica KAITO	+0.0100%	1h	0.3548	−0.041%	$19K	$14K	5x	as long as short
Binance KAITOUSDT	+0.0100%	4h	0.3548	−0.021%	$10.8M	$17.5M	75x	as long as short
Bybit KAITOUSDT	+0.0100%	4h	0.3554	+0.141%	$4.7M	$8.3M	75x	as long as short
OKX KAITO-USDT-SWAP	+0.0100%	4h	0.3546	−0.085%	$4.3M	$11.4M	50x	as long as short
Gate KAITO_USDT	+0.0100%	4h	0.3547	−0.056%	$657K	$1.7M	75x	as long as short
MEXC KAITO_USDT	+0.0100%	4h	0.3547	−0.056%	$3.0M	$1.2M	50x	as long as short

Show all 27 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin KAITOUSDTM	+0.0100%	4h	0.3547	−0.056%	$1.4M	$164K	30x	as long as short
Bitget KAITOUSDT	+0.0100%	4h	0.3552	+0.085%	$4.4M	$3.5M	75x	as long as short
BingX KAITO-USDC	+0.0100%	4h	0.3548	−0.028%	—	$6.5M	—	as long as short
Backpack KAITO_USDC_PERP	+0.0100%	1h	0.3548	−0.037%	$19K	$193K	10x	as long as short
Variational Omni KAITO	+0.0100%	4h	0.3547	−0.048%	$45K	$211K	—	as long as short
GRVT KAITO_USDT_Perp	+0.0100%	4h	0.3527	−0.620%	$251K	$2.4M	10x	as long as short
ApeX Omni KAITOUSDT	+0.0100%	1h	0.3542	−0.197%	$30K	$260K	50x	as long as short
Polymarket Perps KAITO-USD	+0.0100%	1h	0.3548	−0.017%	$25K	$5.0M	5x	as long as short
Orderly PERP_KAITO_USDC_mythos	+0.0100%	4h	0.3546	−0.085%	$3K	$2K	10x	as long as short
Extended KAITO-USD	+0.0104%	1h	0.3550	+0.022%	$81K	$63K	10x	as long as short
Aevo KAITO-PERP	+0.0104%	1h	0.3548	−0.019%	$246K	—	3x	as long as short
edgeX KAITOUSDC	+0.0105%	4h	0.3536	−0.369%	$17K	$327K	5x	as long as short
Paradex KAITO-USD-PERPshort	+0.0111%	8h	0.3548	−0.032%	$4K	$604	10x
Hyperliquid KAITO	+0.0283%	1h	0.3554	+0.141%	$2.1M	$876K	5x	as long as short
Kraken Futures PF_KAITOUSD	+0.0659%	1h	0.3543	−0.157%	$249K	$160K	10x	as long as short
Lighter KAITO	+0.0840%	1h	0.3561	+0.338%	$88K	$102K	5x	as long as short
01 Exchange KAITOUSD	+0.4048%	1h	0.3546	−0.087%	$6K	$988	3x	as long as short