Funding arb · Price arb /

KAITO

all KAITO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0254%/8h= +27.8% APRpaid last 24h +0.153%

Price spread now: OKX against Injective+0.171%68s7-day average — · you sell dearer than you buy

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

Long on Injective Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.954%−$95 on $10k

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

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and OKX is 0.171% dearer against Injective than usual: you sell high and buy low: +$17 more if the spread goes back to zero (this spread has no 7-day history yet). Mind the row above: over the last 7 days funding on this pair cost −0.954%, so the current rate has only just turned in your favour. The two prices were read 68 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective KAITO/USDC PERP	0.3501	−0.0154	get 0.0019% / 1h	12m 06s	$7K	$52K	12x
Short	OKX KAITO-USDT-SWAP	0.3507	0.0100	get 0.0050% / 4h	12m 06s	$4.3M	$10.8M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.171%Rate

Funding earned: $53.29
Price spread: +0.171% → 0.000%: $17.14
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee OKX: 5 bp × 2 orders: −$10
Net: $60.41
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: Injective: no order-book sample; OKX: live order book, 6 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 OKX live order book, 6 min ago	1.43 bp	11.2 bp −$11	38.4 bp −$384	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
Backpack KAITO_USDC_PERP	−0.0481%	1h	0.3509	+0.229%	$19K	$176K	10x	as long as short
Injective KAITO/USDC PERPlong	−0.0154%	1h	0.3501	long leg	$7K	$52K	12x
Reya KAITORUSDPERP	0.0000%	1h	0.3370	−3.731%	—	—	—	as long as short
BloFin KAITO-USDT	+0.0060%	4h	0.3507	+0.171%	$555K	$67K	75x	as long as short
Aster KAITOUSDT	+0.0100%	4h	0.3504	+0.085%	$119K	$51K	10x	as long as short
Pacifica KAITO	+0.0100%	1h	0.3505	+0.125%	$18K	$14K	5x	as long as short
Binance KAITOUSDT	+0.0100%	4h	0.3509	+0.229%	$10.7M	$16.9M	75x	as long as short
Bybit KAITOUSDT	+0.0100%	4h	0.3512	+0.314%	$4.3M	$7.7M	75x	as long as short
OKX KAITO-USDT-SWAPshort	+0.0100%	4h	0.3507	+0.171%	$4.3M	$10.8M	50x
Gate KAITO_USDT	+0.0100%	4h	0.3506	+0.143%	$666K	$1.7M	75x	as long as short

Show all 27 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC KAITO_USDT	+0.0100%	4h	0.3509	+0.229%	$3.4M	$1.1M	50x	as long as short
KuCoin KAITOUSDTM	+0.0100%	4h	0.3504	+0.086%	$1.4M	$170K	30x	as long as short
Bitget KAITOUSDT	+0.0100%	4h	0.3511	+0.286%	$4.4M	$3.4M	75x	as long as short
BingX KAITO-USDT	+0.0100%	4h	0.3507	+0.171%	—	$6.7M	—	as long as short
Variational Omni KAITO	+0.0100%	4h	0.3496	−0.132%	$44K	$228K	—	as long as short
GRVT KAITO_USDT_Perp	+0.0100%	4h	0.3496	−0.133%	$244K	$2.6M	10x	as long as short
ApeX Omni KAITOUSDT	+0.0100%	1h	0.3494	−0.200%	$28K	$258K	50x	as long as short
Polymarket Perps KAITO-USD	+0.0100%	1h	0.3509	+0.220%	$18K	$4.5M	5x	as long as short
Orderly PERP_KAITO_USDC_mythos	+0.0100%	4h	0.3508	+0.191%	$3K	$2K	10x	as long as short
Extended KAITO-USD	+0.0104%	1h	0.3511	+0.272%	$78K	$62K	10x	as long as short
Aevo KAITO-PERP	+0.0104%	1h	0.3509	+0.217%	$244K	—	3x	as long as short
edgeX KAITOUSDC	+0.0116%	4h	0.3495	−0.180%	$17K	$326K	5x	as long as short
Paradex KAITO-USD-PERP	+0.0116%	8h	0.3508	+0.206%	$4K	$604	10x	as long as short
Kraken Futures PF_KAITOUSD	+0.0398%	1h	0.3513	+0.343%	$247K	$157K	10x	as long as short
01 Exchange KAITOUSD	+0.0544%	1h	0.3555	+1.531%	$6K	$2K	3x	as long as short
Hyperliquid KAITO	+0.0769%	1h	0.3513	+0.343%	$2.1M	$820K	5x	as long as short
Lighter KAITO	+0.0928%	1h	0.3519	+0.503%	$87K	$92K	5x	as long as short