KAITO

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h +0.007%

Price spread now: Aevo against Backpack+0.093%7-day average −0.003% · you sell dearer than you buy

Net, funding: paid 7d − costs−$151as in the Funding arb table

Net, price: spread back to 7d avg − costs−$107as in the Price arb table

costs, in and out, $10k−$1171.167% of the position

Long on Backpack Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 7 days−0.338%−$34 on $10k

Price spread, last 3 days (all we have)−0.135%−$14 · spread now +0.093%, 7d avg −0.003%

Together, before fees−0.473%−$47 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: Aevo is 0.096% dearer against Backpack than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of −0.003%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Backpack KAITO_USDC_PERP	0.3455	0.0100	pay 0.0013% / 1h	25m 54s	$18K	$168K	10x
Short	Aevo KAITO-PERP	0.3458	0.0104	get 0.0013% / 1h	25m 54s	$240K	$1K	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Backpack. 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 BackpackbpFee AevobpOrdersPrice spread, now +0.093%Rate

Funding earned: $0.84
Price spread: +0.093% → −0.003%: $9.57
Slippage, 4 orders: −$90.7
Fee Backpack: 5 bp × 2 orders: −$10
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$106.29
Costs to cover: 1.167%
Break-even: 892.7 days

Slippage from Backpack: live order book, 57 min ago; Aevo: live order book, 58 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 Backpack live order book, 57 min ago	0.43 bp	9.5 bp −$9	doesn't fit	doesn't fit	doesn't fit
Sell Aevo live order book, 58 min ago	34.62 bp	49.0 bp −$49	256.3 bp −$2,563	doesn't fit	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
Kraken Futures PF_KAITOUSD	−0.0433%	1h	0.3457	+0.073%	$237K	$158K	10x	as long as short
Injective KAITO/USDC PERP	−0.0055%	1h	0.3446	−0.255%	$7K	$52K	12x	as long as short
Reya KAITORUSDPERP	0.0000%	1h	0.3370	−2.450%	—	—	—	as long as short
BloFin KAITO-USDT	+0.0095%	4h	0.3458	+0.093%	$536K	$60K	75x	as long as short
Aster KAITOUSDT	+0.0100%	4h	0.3459	+0.111%	$116K	$34K	10x	as long as short
Pacifica KAITO	+0.0100%	1h	0.3460	+0.147%	$18K	$12K	5x	as long as short
Binance KAITOUSDT	+0.0100%	4h	0.3457	+0.073%	$10.4M	$15.6M	75x	as long as short
Bybit KAITOUSDT	+0.0100%	4h	0.3460	+0.151%	$4.3M	$6.7M	75x	as long as short
OKX KAITO-USDT-SWAP	+0.0100%	4h	0.3455	+0.006%	$4.1M	$9.9M	50x	as long as short
Gate KAITO_USDT	+0.0100%	4h	0.3459	+0.122%	$675K	$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	0.3457	+0.064%	$3.3M	$1.1M	50x	as long as short
KuCoin KAITOUSDTM	+0.0100%	4h	0.3461	+0.179%	$1.4M	$167K	30x	as long as short
Bitget KAITOUSDT	+0.0100%	4h	0.3462	+0.208%	$4.2M	$2.9M	75x	as long as short
BingX KAITO-USDC	+0.0100%	4h	0.3459	+0.122%	—	$6.5M	—	as long as short
Backpack KAITO_USDC_PERPlong	+0.0100%	1h	0.3455	long leg	$18K	$168K	10x
Variational Omni KAITO	+0.0100%	4h	0.3462	+0.210%	$43K	$234K	—	as long as short
GRVT KAITO_USDT_Perp	+0.0100%	4h	0.3459	+0.134%	$241K	$3.1M	10x	as long as short
ApeX Omni KAITOUSDT	+0.0100%	1h	0.3456	+0.035%	$29K	$256K	50x	as long as short
Polymarket Perps KAITO-USD	+0.0100%	1h	0.3460	+0.145%	$11K	$4.1M	5x	as long as short
Orderly PERP_KAITO_USDC_mythos	+0.0100%	4h	0.3458	+0.084%	$3K	$2K	10x	as long as short
Paradex KAITO-USD-PERP	+0.0101%	8h	0.3457	+0.076%	$4K	$604	10x	as long as short
edgeX KAITOUSDC	+0.0101%	4h	0.3458	+0.101%	$17K	$320K	5x	as long as short
Extended KAITO-USD	+0.0104%	1h	0.3458	+0.104%	$62K	$41K	10x	as long as short
Aevo KAITO-PERPshort	+0.0104%	1h	0.3458	+0.093%	$240K	$1K	3x
01 Exchange KAITOUSD	+0.0280%	1h	0.3456	+0.046%	$6K	$2K	3x	as long as short
Hyperliquid KAITO	+0.0779%	1h	0.3465	+0.305%	$2.0M	$740K	5x	as long as short
Lighter KAITO	+0.1224%	1h	0.3472	+0.486%	$83K	$82K	5x	as long as short