Settings8H · net · $10k
Funding arb · Price arb /

KAITO

all KAITO markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees+0.279%+$28 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit KAITOUSDT0.34890.0100pay 0.0050% / 4h1h 56m$4.6M$8.8M75x
ShortBackpack KAITO_USDC_PERP0.34860.0100get 0.0013% / 1h56m 48s$18K$197K10x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 4 min ago1.43 bp24.9 bp −$2581.4 bp −$814doesn't fitdoesn't fit
Sell Backpack live order book, 54 min ago0.72 bp11.2 bp −$11doesn't fitdoesn't fitdoesn't fit

KAITO on 27 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_KAITOUSD−0.0312%1h0.3483−0.185%$245K$163K10xas long as short
Reya KAITORUSDPERP0.0000%1h0.3370−3.403%as long as short
Hyperliquid KAITO+0.0100%1h0.3490+0.034%$2.0M$856K5xas long as short
Aster KAITOUSDT+0.0100%4h0.3492+0.086%$115K$59K10xas long as short
Pacifica KAITO+0.0100%1h0.3491+0.071%$19K$7K5xas long as short
Binance KAITOUSDT+0.0100%4h0.3486−0.083%$10.6M$17.5M75xas long as short
Bybit KAITOUSDTlong+0.0100%4h0.3489long leg$4.6M$8.8M75x
OKX KAITO-USDT-SWAP+0.0100%4h0.3485−0.115%$4.3M$10.9M50xas long as short
Gate KAITO_USDT+0.0100%4h0.3490+0.029%$653K$1.6M75xas long as short
MEXC KAITO_USDT+0.0100%4h0.3486−0.086%$3.3M$1.3M50xas long as short
Show all 27 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin KAITOUSDTM+0.0100%4h0.3490+0.029%$1.4M$166K30xas long as short
Bitget KAITOUSDT+0.0100%4h0.3492+0.086%$4.5M$3.6M75xas long as short
BingX KAITO-USDC+0.0100%4h0.34890.000%$6.5Mas long as short
Backpack KAITO_USDC_PERPshort+0.0100%1h0.3486−0.075%$18K$197K10x
Variational Omni KAITO+0.0100%4h0.3486−0.095%$46K$125Kas long as short
GRVT KAITO_USDT_Perp+0.0100%4h0.3492+0.090%$244K$2.2M10xas long as short
ApeX Omni KAITOUSDT+0.0100%1h0.3491+0.057%$29K$258K50xas long as short
Polymarket Perps KAITO-USD+0.0100%1h0.3490+0.029%$18K$5.0M5xas long as short
Orderly PERP_KAITO_USDC_mythos+0.0100%4h0.3491+0.046%$3K$2K10xas long as short
Paradex KAITO-USD-PERP+0.0104%8h0.3490+0.040%$4K10xas long as short
Extended KAITO-USD+0.0104%1h0.3485−0.105%$91K$80K10xas long as short
Aevo KAITO-PERP+0.0104%1h0.3487−0.057%$242K3xas long as short
Injective KAITO/USDC PERP+0.0116%1h0.3473−0.459%$7K$51K12xas long as short
edgeX KAITOUSDC+0.0119%4h0.3483−0.176%$17K$330K5xas long as short
BloFin KAITO-USDT+0.0153%4h0.3492+0.086%$559K$67K75xas long as short
Lighter KAITO+0.0544%1h0.3504+0.436%$92K$109K5xas long as short
01 Exchange KAITOUSD+0.7040%1h0.3562+2.098%$6K$5033xas long as short