Funding arb · Price arb /

KAITO

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.5788%/8h= −633.8% APRpaid last 24h −2.053%

Price spread now: BloFin against 01 Exchange−2.387%518s7-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 BloFin

What this pair did over the last

the charts below follow

Funding, last 3 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 −$174 a day on $10k at the current rate, and BloFin is 2.387% cheaper against 01 Exchange than usual: you would sell low and buy high (−$239 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 518 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	01 Exchange KAITOUSD	0.3548	0.5864	pay 0.0733% / 1h	39m 56s	$6K	$2K	3x
Short	BloFin KAITO-USDT	0.3463	0.0076	get 0.0038% / 4h	2h 39m	$555K	$61K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now −2.387%Rate

Funding earned: −$1,215.54
Price spread: −2.387% → 0.000%: −$238.75
Slippage, 4 orders: no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$1,473.29
Costs to cover: 0.190%
Break-even: never at this rate

Slippage unknown: 01 Exchange: no order-book sample; BloFin: live order book, 26 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 BloFin live order book, 26 min ago	1.43 bp	8.0 bp −$8	21.9 bp −$219	150.3 bp −$15.0K	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 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	−0.0534%	1h	0.3459	−2.509%	$18K	$177K	10x	as long as short
Injective KAITO/USDC PERP	−0.0064%	1h	0.3466	−2.303%	$7K	$52K	12x	as long as short
Reya KAITORUSDPERP	0.0000%	1h	0.3370	−5.001%	—	—	—	as long as short
BloFin KAITO-USDTshort	+0.0076%	4h	0.3463	−2.387%	$555K	$61K	75x
Aster KAITOUSDT	+0.0100%	4h	0.3459	−2.501%	$115K	$38K	10x	as long as short
Pacifica KAITO	+0.0100%	1h	0.3461	−2.437%	$18K	$12K	5x	as long as short
Binance KAITOUSDT	+0.0100%	4h	0.3462	−2.407%	$10.5M	$16.3M	75x	as long as short
Bybit KAITOUSDT	+0.0100%	4h	0.3467	−2.275%	$4.3M	$7.1M	75x	as long as short
OKX KAITO-USDT-SWAP	+0.0100%	4h	0.3462	−2.416%	$4.2M	$10.2M	50x	as long as short
Gate KAITO_USDT	+0.0100%	4h	0.3462	−2.416%	$678K	$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	0.3461	−2.444%	$3.3M	$1.0M	50x	as long as short
KuCoin KAITOUSDTM	+0.0100%	4h	0.3462	−2.416%	$1.4M	$168K	30x	as long as short
Bitget KAITOUSDT	+0.0100%	4h	0.3467	−2.275%	$4.3M	$3.2M	75x	as long as short
BingX KAITO-USDT	+0.0100%	4h	0.3461	−2.444%	—	$6.8M	—	as long as short
Variational Omni KAITO	+0.0100%	4h	0.3475	−2.036%	$44K	$230K	—	as long as short
GRVT KAITO_USDT_Perp	+0.0100%	4h	0.3466	−2.291%	$237K	$2.8M	10x	as long as short
ApeX Omni KAITOUSDT	+0.0100%	1h	0.3481	−1.880%	$30K	$257K	50x	as long as short
Polymarket Perps KAITO-USD	+0.0100%	1h	0.3458	−2.534%	$14K	$4.1M	5x	as long as short
Orderly PERP_KAITO_USDC_mythos	+0.0100%	4h	0.3454	−2.638%	$3K	$2K	10x	as long as short
Extended KAITO-USD	+0.0104%	1h	0.3463	−2.382%	$77K	$54K	10x	as long as short
Aevo KAITO-PERP	+0.0104%	1h	0.3455	−2.611%	$240K	—	3x	as long as short
edgeX KAITOUSDC	+0.0111%	4h	0.3480	−1.906%	$17K	$322K	5x	as long as short
Paradex KAITO-USD-PERP	+0.0119%	8h	0.3461	−2.448%	$4K	$604	10x	as long as short
Kraken Futures PF_KAITOUSD	+0.0981%	1h	0.3462	−2.406%	$241K	$156K	10x	as long as short
Hyperliquid KAITO	+0.0989%	1h	0.3467	−2.286%	$2.0M	$786K	5x	as long as short
Lighter KAITO	+0.1352%	1h	0.3475	−2.044%	$86K	$93K	5x	as long as short
01 Exchange KAITOUSDlong	+0.5864%	1h	0.3548	long leg	$6K	$2K	3x