Funding you earn now, next payment 11:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.024%
Price spread now: Backpack against Bybit−0.075%7-day average −0.076% · you buy dearer than you sell
Net, funding: paid 7d − costs−$39as in the Funding arb table
Net, price: spread back to 7d avg − costs−$70as in the Price arb table
costs, in and out, $10k−$710.706% of the position
Funding, last 7 days+0.316%+$32 on $10k
+Price spread, last 4 days (all we have)−0.037%−$4 · spread now −0.075%, 7d avg −0.076%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit KAITOUSDT | 0.3489 | 0.0100 | pay 0.0050% / 4h | 1h 56m | $4.6M | $8.8M | 75x |
| Short | Backpack KAITO_USDC_PERP | 0.3486 | 0.0100 | get 0.0013% / 1h | 56m 48s | $18K | $197K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Backpack against Bybit. 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
- $0
- Price spread: −0.075% → −0.076%
- $0.14
- Slippage, 4 orders
- −$49.62
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- −$70.48
- Costs to cover
- 0.706%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 4 min ago; Backpack: live order book, 54 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 Bybit live order book, 4 min ago | 1.43 bp | 24.9 bp −$25 | 81.4 bp −$814 | doesn't fit | doesn't fit |
| Sell Backpack live order book, 54 min ago | 0.72 bp | 11.2 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
KAITO on 27 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_KAITOUSD | −0.0312% | 1h | 0.3483 | −0.185% | $245K | $163K | 10x | as long as short |
| Reya KAITORUSDPERP | 0.0000% | 1h | 0.3370 | −3.403% | — | — | — | as long as short |
| Hyperliquid KAITO | +0.0100% | 1h | 0.3490 | +0.034% | $2.0M | $856K | 5x | as long as short |
| Aster KAITOUSDT | +0.0100% | 4h | 0.3492 | +0.086% | $115K | $59K | 10x | as long as short |
| Pacifica KAITO | +0.0100% | 1h | 0.3491 | +0.071% | $19K | $7K | 5x | as long as short |
| Binance KAITOUSDT | +0.0100% | 4h | 0.3486 | −0.083% | $10.6M | $17.5M | 75x | as long as short |
| Bybit KAITOUSDTlong | +0.0100% | 4h | 0.3489 | long leg | $4.6M | $8.8M | 75x | |
| OKX KAITO-USDT-SWAP | +0.0100% | 4h | 0.3485 | −0.115% | $4.3M | $10.9M | 50x | as long as short |
| Gate KAITO_USDT | +0.0100% | 4h | 0.3490 | +0.029% | $653K | $1.6M | 75x | as long as short |
| MEXC KAITO_USDT | +0.0100% | 4h | 0.3486 | −0.086% | $3.3M | $1.3M | 50x | as long as short |
Show all 27 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin KAITOUSDTM | +0.0100% | 4h | 0.3490 | +0.029% | $1.4M | $166K | 30x | as long as short |
| Bitget KAITOUSDT | +0.0100% | 4h | 0.3492 | +0.086% | $4.5M | $3.6M | 75x | as long as short |
| BingX KAITO-USDC | +0.0100% | 4h | 0.3489 | 0.000% | — | $6.5M | — | as long as short |
| Backpack KAITO_USDC_PERPshort | +0.0100% | 1h | 0.3486 | −0.075% | $18K | $197K | 10x | |
| Variational Omni KAITO | +0.0100% | 4h | 0.3486 | −0.095% | $46K | $125K | — | as long as short |
| GRVT KAITO_USDT_Perp | +0.0100% | 4h | 0.3492 | +0.090% | $244K | $2.2M | 10x | as long as short |
| ApeX Omni KAITOUSDT | +0.0100% | 1h | 0.3491 | +0.057% | $29K | $258K | 50x | as long as short |
| Polymarket Perps KAITO-USD | +0.0100% | 1h | 0.3490 | +0.029% | $18K | $5.0M | 5x | as long as short |
| Orderly PERP_KAITO_USDC_mythos | +0.0100% | 4h | 0.3491 | +0.046% | $3K | $2K | 10x | as long as short |
| Paradex KAITO-USD-PERP | +0.0104% | 8h | 0.3490 | +0.040% | $4K | — | 10x | as long as short |
| Extended KAITO-USD | +0.0104% | 1h | 0.3485 | −0.105% | $91K | $80K | 10x | as long as short |
| Aevo KAITO-PERP | +0.0104% | 1h | 0.3487 | −0.057% | $242K | — | 3x | as long as short |
| Injective KAITO/USDC PERP | +0.0116% | 1h | 0.3473 | −0.459% | $7K | $51K | 12x | as long as short |
| edgeX KAITOUSDC | +0.0119% | 4h | 0.3483 | −0.176% | $17K | $330K | 5x | as long as short |
| BloFin KAITO-USDT | +0.0153% | 4h | 0.3492 | +0.086% | $559K | $67K | 75x | as long as short |
| Lighter KAITO | +0.0544% | 1h | 0.3504 | +0.436% | $92K | $109K | 5x | as long as short |
| 01 Exchange KAITOUSD | +0.7040% | 1h | 0.3562 | +2.098% | $6K | $503 | 3x | as long as short |
Bybit KAITOUSDT
Backpack KAITO_USDC_PERP
Kraken Futures PF_KAITOUSD
Hyperliquid KAITO
Aster KAITOUSDT
Pacifica KAITO
Binance KAITOUSDT
OKX KAITO-USDT-SWAP
Gate KAITO_USDT
MEXC KAITO_USDT
KuCoin KAITOUSDTM
Bitget KAITOUSDT
BingX KAITO-USDC
Variational Omni KAITO
GRVT KAITO_USDT_Perp
ApeX Omni KAITOUSDT
Polymarket Perps KAITO-USD
Paradex KAITO-USD-PERP
Extended KAITO-USD
Injective KAITO/USDC PERP
edgeX KAITOUSDC
BloFin KAITO-USDT
Lighter KAITO
01 Exchange KAITOUSD