KAITO

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.9783%/8h= −1071.3% APRnext payment −$12.23 per $10,000 · paid last 24h −2.060%

Price spread now: Backpack against 01 Exchange−2.811%7-day average — · you buy dearer than you sell

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

Long on 01 Exchange Short on Backpack

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—needs both histories

Both sides work against this trade now: funding costs −$294 a day on $10k at the current rate, and Backpack is 2.811% cheaper against 01 Exchange than usual: you would sell low and buy high (−$281 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	01 Exchange KAITOUSD	0.3618	0.9544	pay 0.1193% / 1h	57m 57s	$6K	$2K	3x
Short	Backpack KAITO_USDC_PERP	0.3517	−0.0239	pay 0.0030% / 1h	57m 57s	$20K	$167K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Backpack against 01 Exchange. 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 01 ExchangebpFee BackpackbpOrdersPrice spread, now −2.811%Rate

Funding earned: −$2,054.52
Price spread: −2.811% → 0.000%: −$281.07
Slippage, 4 orders: no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Fee Backpack: 5 bp × 2 orders: −$10
Net: −$2,352.59
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: 01 Exchange: no order-book sample; Backpack: live order book, 5 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 01 Exchange no order-book sample	—	—	—	—	—
Sell Backpack live order book, 5 min ago	0.43 bp	10.8 bp −$11	doesn't fit	doesn't fit	doesn't fit

01 Exchange: 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 26 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 PERP	−0.0368%	1h	0.3508	−3.048%	$7K	$52K	12x	as long as short
Backpack KAITO_USDC_PERPshort	−0.0239%	1h	0.3517	−2.811%	$20K	$167K	10x
Reya KAITORUSDPERP	0.0000%	1h	0.3370	−6.855%	—	—	—	as long as short
Pacifica KAITO	+0.0100%	1h	0.3523	−2.645%	$18K	$15K	5x	as long as short
Binance KAITOUSDT	+0.0100%	4h	0.3512	−2.938%	$10.7M	$16.3M	75x	as long as short
Bybit KAITOUSDT	+0.0100%	4h	0.3516	−2.827%	$4.5M	$7.1M	75x	as long as short
OKX KAITO-USDT-SWAP	+0.0100%	4h	0.3511	−2.965%	$4.3M	$10.4M	50x	as long as short
Gate KAITO_USDT	+0.0100%	4h	0.3515	−2.855%	$689K	$1.7M	75x	as long as short
MEXC KAITO_USDT	+0.0100%	4h	0.3510	−2.993%	$3.3M	$1.0M	50x	as long as short
KuCoin KAITOUSDTM	+0.0100%	4h	0.3517	−2.800%	$1.4M	$165K	30x	as long as short

Show all 26 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget KAITOUSDT	+0.0100%	4h	0.3519	−2.744%	$4.5M	$3.2M	75x	as long as short
BingX KAITO-USDT	+0.0100%	4h	0.3514	−2.883%	—	$6.7M	—	as long as short
Variational Omni KAITO	+0.0100%	4h	0.3526	−2.540%	$44K	$229K	—	as long as short
GRVT KAITO_USDT_Perp	+0.0100%	4h	0.3524	−2.607%	$241K	$2.8M	10x	as long as short
ApeX Omni KAITOUSDT	+0.0100%	1h	0.3519	−2.744%	$30K	$256K	50x	as long as short
Polymarket Perps KAITO-USD	+0.0100%	1h	0.3521	−2.678%	$14K	$4.2M	5x	as long as short
Orderly PERP_KAITO_USDC_mythos	+0.0100%	4h	0.3518	−2.769%	$3K	$2K	10x	as long as short
Extended KAITO-USD	+0.0104%	1h	0.3513	−2.919%	$79K	$54K	10x	as long as short
Aevo KAITO-PERP	+0.0104%	1h	0.3518	−2.776%	$244K	—	3x	as long as short
Aster KAITOUSDT	+0.0106%	4h	0.3515	−2.855%	$117K	$39K	10x	as long as short
edgeX KAITOUSDC	+0.0112%	4h	0.3521	−2.693%	$18K	$325K	5x	as long as short
Paradex KAITO-USD-PERP	+0.0123%	8h	0.3522	−2.652%	$4K	$604	10x	as long as short
Kraken Futures PF_KAITOUSD	+0.0696%	1h	0.3518	−2.759%	$245K	$148K	10x	as long as short
Hyperliquid KAITO	+0.0765%	1h	0.3520	−2.708%	$2.1M	$782K	5x	as long as short
Lighter KAITO	+0.1400%	1h	0.3534	−2.327%	$87K	$93K	5x	as long as short
01 Exchange KAITOUSDlong	+0.9544%	1h	0.3618	long leg	$6K	$2K	3x