Funding arb · Price arb /

KAITO

all KAITO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%

Price spread now: Binance against Aevo+0.125%7-day average +0.006% · you sell dearer than you buy

Net, funding: paid 7d − costs−$126as in the Funding arb table

Net, price: spread back to 7d avg − costs−$110as in the Price arb table

costs, in and out, $10k−$1221.221% of the position

Long on Aevo Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.038%−$4 on $10k

Price spread, last 3 days (all we have)−0.139%−$14 · spread now +0.125%, 7d avg +0.006%

Together, before fees−0.177%−$18 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.119% dearer against Aevo than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of +0.006%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo KAITO-PERP	0.3470	0.0104	pay 0.0013% / 1h	41m 50s	$241K	—	3x
Short	Binance KAITOUSDT	0.3474	0.0100	get 0.0050% / 4h	2h 41m	$10.6M	$16.3M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Aevo. 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 AevobpFee BinancebpOrdersPrice spread, now +0.125%Rate

Funding earned: −$0.84
Price spread: +0.125% → +0.006%: $11.89
Slippage, 4 orders: −$96.06
Fee Aevo: 8 bp × 2 orders: −$16
Fee Binance: 5 bp × 2 orders: −$10
Net: −$111.01
Costs to cover: 1.221%
Break-even: never at this rate

Slippage from Aevo: live order book, 27 min ago; Binance: live order book, 14 min ago.

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 Aevo live order book, 27 min ago	32.85 bp	46.2 bp −$46	235.3 bp −$2,353	doesn't fit	doesn't fit
Sell Binance live order book, 14 min ago	1.46 bp	16.8 bp −$17	47.1 bp −$471	351.6 bp −$35.2K	doesn't fit

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	−0.0489%	1h	0.3473	+0.079%	$20K	$176K	10x	as long as short
Injective KAITO/USDC PERP	−0.0064%	1h	0.3466	−0.108%	$7K	$52K	12x	as long as short
Reya KAITORUSDPERP	0.0000%	1h	0.3370	−2.866%	—	—	—	as long as short
BloFin KAITO-USDT	+0.0076%	4h	0.3463	−0.195%	$555K	$61K	75x	as long as short
Aster KAITOUSDT	+0.0100%	4h	0.3475	+0.152%	$115K	$38K	10x	as long as short
Pacifica KAITO	+0.0100%	1h	0.3473	+0.089%	$18K	$12K	5x	as long as short
Binance KAITOUSDTshort	+0.0100%	4h	0.3474	+0.125%	$10.6M	$16.3M	75x
Bybit KAITOUSDT	+0.0100%	4h	0.3477	+0.209%	$4.4M	$7.0M	75x	as long as short
OKX KAITO-USDT-SWAP	+0.0100%	4h	0.3471	+0.036%	$4.2M	$10.2M	50x	as long as short
Gate KAITO_USDT	+0.0100%	4h	0.3476	+0.180%	$681K	$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	0.3473	+0.093%	$3.3M	$1.0M	50x	as long as short
KuCoin KAITOUSDTM	+0.0100%	4h	0.3474	+0.122%	$1.4M	$168K	30x	as long as short
Bitget KAITOUSDT	+0.0100%	4h	0.3477	+0.209%	$4.3M	$3.2M	75x	as long as short
BingX KAITO-USDT	+0.0100%	4h	0.3476	+0.180%	—	$6.7M	—	as long as short
Variational Omni KAITO	+0.0100%	4h	0.3465	−0.124%	$43K	$230K	—	as long as short
GRVT KAITO_USDT_Perp	+0.0100%	4h	0.3466	−0.096%	$237K	$2.8M	10x	as long as short
ApeX Omni KAITOUSDT	+0.0100%	1h	0.3466	−0.108%	$30K	$256K	50x	as long as short
Orderly PERP_KAITO_USDC_mythos	+0.0100%	4h	0.3472	+0.062%	$3K	$2K	10x	as long as short
edgeX KAITOUSDC	+0.0102%	4h	0.3464	−0.153%	$17K	$325K	5x	as long as short
Extended KAITO-USD	+0.0104%	1h	0.3475	+0.155%	$78K	$54K	10x	as long as short
Aevo KAITO-PERPlong	+0.0104%	1h	0.3470	long leg	$241K	—	3x
Polymarket Perps KAITO-USD	+0.0113%	1h	0.3474	+0.116%	$14K	$4.1M	5x	as long as short
Paradex KAITO-USD-PERP	+0.0120%	8h	0.3471	+0.032%	$4K	$604	10x	as long as short
Kraken Futures PF_KAITOUSD	+0.0978%	1h	0.3472	+0.070%	$241K	$159K	10x	as long as short
Hyperliquid KAITO	+0.1003%	1h	0.3479	+0.269%	$2.0M	$785K	5x	as long as short
Lighter KAITO	+0.1336%	1h	0.3485	+0.448%	$86K	$93K	5x	as long as short
01 Exchange KAITOUSD	+0.5600%	1h	0.3553	+2.411%	$6K	$2K	3x	as long as short