Funding arb · Price arb /

KAITO

all KAITO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: BingX against ApeX Omni+0.058%113s7-day average +0.036% · you sell dearer than you buy

Net, funding: paid 7d − costs−$458as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$4584.584% of the position

Long on ApeX Omni Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 3 days (all we have)−0.068%−$7 · spread now +0.058%, 7d avg +0.036%

Together, before fees−0.068%−$7 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: BingX is 0.022% dearer against ApeX Omni than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of +0.036%. The two prices were read 113 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	ApeX Omni KAITOUSDT	0.3450	0.0100	pay 0.0013% / 1h	47m 43s	$29K	$256K	50x
Short	BingX KAITO-USDC	0.3452	0.0100	get 0.0050% / 4h	1h 47m	—	$6.5M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against ApeX Omni. 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 ApeX OmnibpFee BingXbpOrdersPrice spread, now +0.058%Rate

Funding earned: $0
Price spread: +0.058% → +0.036%: $2.23
Slippage, 4 orders: −$438.42
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee BingX: 5 bp × 2 orders: −$10
Net: −$456.19
Costs to cover: 4.584%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 34 min ago; BingX: live order book, 3 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 ApeX Omni live order book, 34 min ago	5.78 bp	184.9 bp −$185	doesn't fit	doesn't fit	doesn't fit
Sell BingX live order book, 3 min ago	1.45 bp	24.0 bp −$24	172.9 bp −$1,729	821.8 bp −$82.2K	1122.8 bp −$561.4K

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
Kraken Futures PF_KAITOUSD	−0.0434%	1h	0.3450	0.000%	$236K	$159K	10x	as long as short
Injective KAITO/USDC PERP	−0.0055%	1h	0.3446	−0.116%	$7K	$52K	12x	as long as short
Reya KAITORUSDPERP	0.0000%	1h	0.3370	−2.310%	—	—	—	as long as short
BloFin KAITO-USDT	+0.0047%	4h	0.3449	−0.029%	$535K	$59K	75x	as long as short
Aster KAITOUSDT	+0.0100%	4h	0.3451	+0.017%	$115K	$34K	10x	as long as short
Pacifica KAITO	+0.0100%	1h	0.3452	+0.044%	$18K	$12K	5x	as long as short
Binance KAITOUSDT	+0.0100%	4h	0.3451	+0.027%	$10.4M	$15.6M	75x	as long as short
Bybit KAITOUSDT	+0.0100%	4h	0.3454	+0.116%	$4.3M	$6.6M	75x	as long as short
OKX KAITO-USDT-SWAP	+0.0100%	4h	0.3450	0.000%	$4.1M	$9.9M	50x	as long as short
Gate KAITO_USDT	+0.0100%	4h	0.3453	+0.087%	$671K	$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	0.3451	+0.029%	$3.3M	$1.0M	50x	as long as short
KuCoin KAITOUSDTM	+0.0100%	4h	0.3451	+0.029%	$1.4M	$167K	30x	as long as short
Bitget KAITOUSDT	+0.0100%	4h	0.3453	+0.087%	$4.2M	$2.9M	75x	as long as short
BingX KAITO-USDCshort	+0.0100%	4h	0.3452	+0.058%	—	$6.5M	—
Backpack KAITO_USDC_PERP	+0.0100%	1h	0.3449	−0.038%	$18K	$168K	10x	as long as short
Variational Omni KAITO	+0.0100%	4h	0.3447	−0.081%	$43K	$236K	—	as long as short
GRVT KAITO_USDT_Perp	+0.0100%	4h	0.3447	−0.088%	$240K	$3.1M	10x	as long as short
ApeX Omni KAITOUSDTlong	+0.0100%	1h	0.3450	long leg	$29K	$256K	50x
Polymarket Perps KAITO-USD	+0.0100%	1h	0.3452	+0.061%	$11K	$4.0M	5x	as long as short
Orderly PERP_KAITO_USDC_mythos	+0.0100%	4h	0.3449	−0.026%	$3K	$2K	10x	as long as short
Paradex KAITO-USD-PERP	+0.0101%	8h	0.3453	+0.092%	$4K	$604	10x	as long as short
Extended KAITO-USD	+0.0104%	1h	0.3452	+0.050%	$62K	$41K	10x	as long as short
Aevo KAITO-PERP	+0.0104%	1h	0.3450	+0.012%	$240K	$1K	3x	as long as short
edgeX KAITOUSDC	+0.0111%	4h	0.3446	−0.129%	$17K	$321K	5x	as long as short
01 Exchange KAITOUSD	+0.0232%	1h	0.3450	+0.012%	$6K	$2K	3x	as long as short
Hyperliquid KAITO	+0.0805%	1h	0.3456	+0.183%	$2.0M	$745K	5x	as long as short
Lighter KAITO	+0.1008%	1h	0.3463	+0.386%	$83K	$82K	5x	as long as short