Funding arb · Price arb /

KAITO

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0115%/8h= +12.6% APRpaid last 24h +0.146%

Price spread now: Gate against Injective−0.287%7-day average — · you buy dearer than you sell

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

Long on Injective Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.755%−$76 on $10k

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

Together, before fees—needs both histories

Funding pays, the price is against you. Gate is 0.287% cheaper against Injective than usual: you would sell low and buy high (spread −0.287% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$29 on $10k: about 8.3 days of funding at the current rate (+$3 a day). Mind the row above: over the last 7 days funding on this pair cost −0.755%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective KAITO/USDC PERP	0.3490	−0.0015	get 0.0002% / 1h	29m 15s	$7K	$52K	12x
Short	Gate KAITO_USDT	0.3480	0.0100	get 0.0050% / 4h	3h 29m	$695K	$1.7M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against Injective. 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 InjectivebpFee GatebpOrdersPrice spread, now −0.287%Rate

Funding earned: $24.13
Price spread: −0.287% → 0.000%: −$28.65
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$19.54
Costs to cover: 0.150%
Break-even: 12.7 days

Slippage unknown: Injective: no order-book sample; Gate: live order book, 3 min ago. 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 Injective no order-book sample	—	—	—	—	—
Sell Gate live order book, 3 min ago	1.44 bp	23.3 bp −$23	68.9 bp −$689	doesn't fit	doesn't fit

Injective: 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 PERPlong	−0.0015%	1h	0.3490	long leg	$7K	$52K	12x
Reya KAITORUSDPERP	0.0000%	1h	0.3370	−3.432%	—	—	—	as long as short
BloFin KAITO-USDT	+0.0090%	4h	0.3478	−0.344%	$548K	$60K	75x	as long as short
Aster KAITOUSDT	+0.0100%	4h	0.3478	−0.348%	$116K	$34K	10x	as long as short
Pacifica KAITO	+0.0100%	1h	0.3478	−0.333%	$18K	$12K	5x	as long as short
Binance KAITOUSDT	+0.0100%	4h	0.3479	−0.305%	$10.6M	$15.7M	75x	as long as short
Bybit KAITOUSDT	+0.0100%	4h	0.3482	−0.229%	$4.4M	$6.8M	75x	as long as short
OKX KAITO-USDT-SWAP	+0.0100%	4h	0.3479	−0.315%	$4.2M	$10.0M	50x	as long as short
Gate KAITO_USDTshort	+0.0100%	4h	0.3480	−0.287%	$695K	$1.7M	75x
MEXC KAITO_USDT	+0.0100%	4h	0.3478	−0.344%	$3.3M	$1.0M	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	0.3477	−0.372%	$1.4M	$165K	30x	as long as short
Bitget KAITOUSDT	+0.0100%	4h	0.3482	−0.229%	$4.3M	$3.0M	75x	as long as short
BingX KAITO-USDT	+0.0100%	4h	0.3479	−0.315%	—	$6.7M	—	as long as short
Backpack KAITO_USDC_PERP	+0.0100%	1h	0.3476	−0.413%	$18K	$161K	10x	as long as short
Variational Omni KAITO	+0.0100%	4h	0.3480	−0.288%	$44K	$230K	—	as long as short
GRVT KAITO_USDT_Perp	+0.0100%	4h	0.3477	−0.360%	$234K	$2.9M	10x	as long as short
ApeX Omni KAITOUSDT	+0.0100%	1h	0.3479	−0.315%	$30K	$257K	50x	as long as short
Polymarket Perps KAITO-USD	+0.0100%	1h	0.3481	−0.266%	$14K	$4.1M	5x	as long as short
Orderly PERP_KAITO_USDC_mythos	+0.0100%	4h	0.3477	−0.372%	$3K	$2K	10x	as long as short
Paradex KAITO-USD-PERP	+0.0102%	8h	0.3478	−0.353%	$4K	$604	10x	as long as short
Extended KAITO-USD	+0.0104%	1h	0.3481	−0.272%	$78K	$54K	10x	as long as short
Aevo KAITO-PERP	+0.0104%	1h	0.3478	−0.330%	$241K	—	3x	as long as short
edgeX KAITOUSDC	+0.0114%	4h	0.3478	−0.346%	$17K	$324K	5x	as long as short
Kraken Futures PF_KAITOUSD	+0.0855%	1h	0.3478	−0.340%	$241K	$156K	10x	as long as short
Hyperliquid KAITO	+0.1075%	1h	0.3485	−0.132%	$2.0M	$767K	5x	as long as short
Lighter KAITO	+0.1760%	1h	0.3493	+0.095%	$89K	$89K	5x	as long as short
01 Exchange KAITOUSD	+0.4624%	1h	0.3479	−0.327%	$6K	$2K	3x	as long as short