Funding arb · Price arb /

KAITO

all KAITO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0018%/8h= −2.0% APRpaid last 24h +0.002%

Price spread now: Orderly against Paradex+0.053%7-day average — · you sell dearer than you buy

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

Long on Paradex Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropParadex: Active · farm boardneeds both histories

The price spread pays, funding is against you. Orderly is 0.053% dearer against Paradex than usual: you sell high and buy low (spread +0.053% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 9.7 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paradex KAITO-USD-PERP	0.3504	0.0118	pay 0.0118% / 8h	1h 26m	$4K	$604	10x
Short	Orderly PERP_KAITO_USDC_mythos	0.3506	0.0100	get 0.0050% / 4h	1h 26m	$3K	$2K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly against Paradex. 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 ParadexbpFee OrderlybpOrdersPrice spread, now +0.053%Rate

Funding earned: −$3.82
Price spread: +0.053% → 0.000%: $5.28
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$8.55
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: Paradex: no order-book sample; Orderly: no order-book sample. 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 Paradex no order-book sample	—	—	—	—	—
Sell Orderly no order-book sample	—	—	—	—	—

Paradex and 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 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
Reya KAITORUSDPERP	0.0000%	1h	0.3370	−3.812%	—	—	—	as long as short
BloFin KAITO-USDT	+0.0043%	4h	0.3493	−0.310%	$552K	$66K	75x	as long as short
Injective KAITO/USDC PERP	+0.0044%	1h	0.3495	−0.253%	$7K	$52K	12x	as long as short
Aster KAITOUSDT	+0.0100%	4h	0.3510	+0.173%	$118K	$51K	10x	as long as short
Pacifica KAITO	+0.0100%	1h	0.3502	−0.053%	$18K	$14K	5x	as long as short
Binance KAITOUSDT	+0.0100%	4h	0.3515	+0.318%	$10.7M	$17.3M	75x	as long as short
Bybit KAITOUSDT	+0.0100%	4h	0.3517	+0.375%	$4.4M	$8.0M	75x	as long as short
OKX KAITO-USDT-SWAP	+0.0100%	4h	0.3512	+0.233%	$4.3M	$11.1M	50x	as long as short
Gate KAITO_USDT	+0.0100%	4h	0.3508	+0.118%	$658K	$1.7M	75x	as long as short
MEXC KAITO_USDT	+0.0100%	4h	0.3510	+0.175%	$3.0M	$1.2M	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	0.3503	−0.024%	$1.4M	$164K	30x	as long as short
Bitget KAITOUSDT	+0.0100%	4h	0.3515	+0.318%	$4.4M	$3.5M	75x	as long as short
BingX KAITO-USDC	+0.0100%	4h	0.3514	+0.290%	—	$6.5M	—	as long as short
Backpack KAITO_USDC_PERP	+0.0100%	1h	0.3515	+0.307%	$19K	$189K	10x	as long as short
Variational Omni KAITO	+0.0100%	4h	0.3486	−0.513%	$44K	$211K	—	as long as short
GRVT KAITO_USDT_Perp	+0.0100%	4h	0.3487	−0.469%	$238K	$2.5M	10x	as long as short
ApeX Omni KAITOUSDT	+0.0100%	1h	0.3490	−0.395%	$29K	$259K	50x	as long as short
Polymarket Perps KAITO-USD	+0.0100%	1h	0.3509	+0.150%	$17K	$4.7M	5x	as long as short
Orderly PERP_KAITO_USDC_mythosshort	+0.0100%	4h	0.3506	+0.053%	$3K	$2K	10x
Extended KAITO-USD	+0.0104%	1h	0.3513	+0.251%	$80K	$63K	10x	as long as short
Aevo KAITO-PERP	+0.0104%	1h	0.3511	+0.207%	$244K	—	3x	as long as short
edgeX KAITOUSDC	+0.0106%	4h	0.3487	−0.469%	$17K	$324K	5x	as long as short
Paradex KAITO-USD-PERPlong	+0.0118%	8h	0.3504	long leg	$4K	$604	10x
Hyperliquid KAITO	+0.0699%	1h	0.3519	+0.420%	$2.1M	$867K	5x	as long as short
Kraken Futures PF_KAITOUSD	+0.0807%	1h	0.3512	+0.246%	$246K	$156K	10x	as long as short
Lighter KAITO	+0.1472%	1h	0.3527	+0.666%	$87K	$102K	5x	as long as short
01 Exchange KAITOUSD	+0.8424%	1h	0.3587	+2.362%	$6K	$988	3x	as long as short