Funding you earn now, next payment 11:00 UTC−0.0145%/8h= −15.9% APRpaid last 24h −0.026%
Price spread now: Backpack against Orderly−0.069%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Backpack is 0.069% cheaper against Orderly than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_KAITO_USDC_mythos | 0.3479 | 0.0100 | pay 0.0050% / 4h | 1h 54m | $3K | $2K | 10x |
| Short | Backpack KAITO_USDC_PERP | 0.3476 | −0.0045 | pay 0.0006% / 1h | 54m 38s | $18K | $197K | 10x |
Orderly PERP_KAITO_USDC_mythos
Backpack KAITO_USDC_PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Backpack against Orderly. 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
- −$30.4
- Price spread: −0.069% → 0.000%
- −$6.9
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- −$53.3
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; Backpack: live order book, 56 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 Orderly no order-book sample | — | — | — | — | — |
| Sell Backpack live order book, 56 min ago | 0.72 bp | 11.2 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
Orderly: 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 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 | 0.3479 | +0.008% | $245K | $163K | 10x | as long as short |
| Backpack KAITO_USDC_PERPshort | −0.0045% | 1h | 0.3476 | −0.069% | $18K | $197K | 10x | |
| Reya KAITORUSDPERP | 0.0000% | 1h | 0.3370 | −3.119% | — | — | — | as long as short |
| BloFin KAITO-USDT | +0.0064% | 4h | 0.3478 | −0.023% | $557K | $67K | 75x | as long as short |
| Hyperliquid KAITO | +0.0100% | 1h | 0.3482 | +0.080% | $2.0M | $844K | 5x | as long as short |
| Aster KAITOUSDT | +0.0100% | 4h | 0.3482 | +0.081% | $115K | $59K | 10x | as long as short |
| Pacifica KAITO | +0.0100% | 1h | 0.3479 | +0.020% | $19K | $7K | 5x | as long as short |
| Binance KAITOUSDT | +0.0100% | 4h | 0.3477 | −0.051% | $10.6M | $17.5M | 75x | as long as short |
| Bybit KAITOUSDT | +0.0100% | 4h | 0.3479 | +0.006% | $4.5M | $8.8M | 75x | as long as short |
| OKX KAITO-USDT-SWAP | +0.0100% | 4h | 0.3475 | −0.109% | $4.3M | $10.9M | 50x | as long as short |
Kraken Futures PF_KAITOUSD
Reya KAITORUSDPERP
BloFin KAITO-USDT
Hyperliquid KAITO
Aster KAITOUSDT
Pacifica KAITO
Binance KAITOUSDT
Bybit KAITOUSDT
OKX KAITO-USDT-SWAPShow all 27 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate KAITO_USDT | +0.0100% | 4h | 0.3480 | +0.034% | $649K | $1.6M | 75x | as long as short |
| MEXC KAITO_USDT | +0.0100% | 4h | 0.3476 | −0.080% | $3.2M | $1.3M | 50x | as long as short |
| KuCoin KAITOUSDTM | +0.0100% | 4h | 0.3483 | +0.121% | $1.4M | $163K | 30x | as long as short |
| Bitget KAITOUSDT | +0.0100% | 4h | 0.3482 | +0.092% | $4.4M | $3.6M | 75x | as long as short |
| BingX KAITO-USDC | +0.0100% | 4h | 0.3479 | +0.006% | — | $6.5M | — | as long as short |
| Variational Omni KAITO | +0.0100% | 4h | 0.3485 | +0.167% | $46K | $125K | — | as long as short |
| GRVT KAITO_USDT_Perp | +0.0100% | 4h | 0.3490 | +0.322% | $244K | $2.2M | 10x | as long as short |
| ApeX Omni KAITOUSDT | +0.0100% | 1h | 0.3491 | +0.351% | $29K | $258K | 50x | as long as short |
| Polymarket Perps KAITO-USD | +0.0100% | 1h | 0.3479 | +0.006% | $18K | $4.9M | 5x | as long as short |
| Orderly PERP_KAITO_USDC_mythoslong | +0.0100% | 4h | 0.3479 | long leg | $3K | $2K | 10x | |
| Paradex KAITO-USD-PERP | +0.0103% | 8h | 0.3479 | +0.001% | $4K | — | 10x | as long as short |
| Extended KAITO-USD | +0.0104% | 1h | 0.3478 | −0.020% | $91K | $80K | 10x | as long as short |
| Aevo KAITO-PERP | +0.0104% | 1h | 0.3478 | −0.031% | $241K | — | 3x | as long as short |
| edgeX KAITOUSDC | +0.0109% | 4h | 0.3487 | +0.249% | $17K | $327K | 5x | as long as short |
| Injective KAITO/USDC PERP | +0.0116% | 1h | 0.3473 | −0.167% | $7K | $51K | 12x | as long as short |
| Lighter KAITO | +0.0712% | 1h | 0.3495 | +0.471% | $91K | $109K | 5x | as long as short |
| 01 Exchange KAITOUSD | +0.7200% | 1h | 0.3557 | +2.251% | $6K | $503 | 3x | as long as short |
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
Aevo KAITO-PERP
edgeX KAITOUSDC
Injective KAITO/USDC PERP
Lighter KAITO
01 Exchange KAITOUSD