Funding you earn now, next payment 09:00 UTC+0.0931%/8h= +102.0% APRpaid last 24h +0.022%
Price spread now: Gate against Backpack+0.117%7-day average +0.043% · you sell dearer than you buy
Net, funding: paid 7d − costs−$116as in the Funding arb table
Net, price: spread back to 7d avg − costs−$75as in the Price arb table
costs, in and out, $10k−$820.822% of the position
Funding, last 7 days−0.337%−$34 on $10k
+Price spread, last 4 days (all we have)−0.073%−$7 · spread now +0.117%, 7d avg +0.043%
=Both sides work for this trade now. Funding pays +$28 a day on $10k at the current rate, and Gate is 0.073% dearer against Backpack than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.043%. Mind the row above: over the last 7 days funding on this pair cost −0.337%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.337% in total (about -17.6% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack KAITO_USDC_PERP | 0.3508 | −0.0831 | get 0.0104% / 1h | 54m 53s | $18K | $195K | 10x |
| Short | Gate KAITO_USDT | 0.3512 | 0.0100 | get 0.0050% / 4h | 3h 54m | $664K | $1.7M | 75x |
Backpack KAITO_USDC_PERP
Gate KAITO_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Backpack. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $195.55
- Price spread: +0.117% → +0.043%
- $7.34
- Slippage, 4 orders
- −$57.19
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- $120.7
- Costs to cover
- 0.822%
- Break-even
- 2.7 days
Slippage from Backpack: live order book, 43 min ago; Gate: 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 Backpack live order book, 43 min ago | 0.71 bp | 10.6 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 3 min ago | 1.42 bp | 30.2 bp −$30 | 71.3 bp −$713 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Backpack KAITO_USDC_PERPlong | −0.0831% | 1h | 0.3508 | long leg | $18K | $195K | 10x | |
| Kraken Futures PF_KAITOUSD | −0.0415% | 1h | 0.3507 | −0.037% | $247K | $165K | 10x | as long as short |
| Reya KAITORUSDPERP | 0.0000% | 1h | 0.3370 | −3.920% | — | — | — | as long as short |
| Injective KAITO/USDC PERP | +0.0020% | 1h | 0.3535 | +0.773% | $7K | $52K | 12x | as long as short |
| BloFin KAITO-USDT | +0.0051% | 4h | 0.3508 | +0.003% | $559K | $68K | 75x | as long as short |
| Aster KAITOUSDT | +0.0100% | 4h | 0.3515 | +0.196% | $116K | $63K | 10x | as long as short |
| Pacifica KAITO | +0.0100% | 1h | 0.3507 | −0.026% | $19K | $15K | 5x | as long as short |
| Binance KAITOUSDT | +0.0100% | 4h | 0.3514 | +0.167% | $10.7M | $17.9M | 75x | as long as short |
| Bybit KAITOUSDT | +0.0100% | 4h | 0.3513 | +0.145% | $4.6M | $8.6M | 75x | as long as short |
| OKX KAITO-USDT-SWAP | +0.0100% | 4h | 0.3509 | +0.031% | $4.3M | $11.6M | 50x | as long as short |
Kraken Futures PF_KAITOUSD
Reya KAITORUSDPERP
Injective KAITO/USDC PERP
BloFin KAITO-USDT
Aster KAITOUSDT
Pacifica KAITO
Binance KAITOUSDT
Bybit KAITOUSDT
OKX KAITO-USDT-SWAPShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate KAITO_USDTshort | +0.0100% | 4h | 0.3512 | +0.117% | $664K | $1.7M | 75x | |
| MEXC KAITO_USDT | +0.0100% | 4h | 0.3514 | +0.174% | $3.3M | $1.2M | 50x | as long as short |
| KuCoin KAITOUSDTM | +0.0100% | 4h | 0.3511 | +0.088% | $1.4M | $172K | 30x | as long as short |
| Bitget KAITOUSDT | +0.0100% | 4h | 0.3518 | +0.288% | $4.4M | $3.6M | 75x | as long as short |
| BingX KAITO-USDC | +0.0100% | 4h | 0.3513 | +0.145% | — | $6.5M | — | as long as short |
| Variational Omni KAITO | +0.0100% | 4h | 0.3511 | +0.086% | $44K | $211K | — | as long as short |
| GRVT KAITO_USDT_Perp | +0.0100% | 4h | 0.3515 | +0.195% | $250K | $2.3M | 10x | as long as short |
| ApeX Omni KAITOUSDT | +0.0100% | 1h | 0.3515 | +0.202% | $29K | $259K | 50x | as long as short |
| Polymarket Perps KAITO-USD | +0.0100% | 1h | 0.3507 | −0.026% | $18K | $5.1M | 5x | as long as short |
| Orderly PERP_KAITO_USDC_mythos | +0.0100% | 4h | 0.3508 | +0.009% | $3K | $2K | 10x | as long as short |
| Extended KAITO-USD | +0.0104% | 1h | 0.3514 | +0.160% | $80K | $63K | 10x | as long as short |
| Aevo KAITO-PERP | +0.0104% | 1h | 0.3509 | +0.031% | $244K | — | 3x | as long as short |
| Paradex KAITO-USD-PERP | +0.0107% | 8h | 0.3508 | +0.002% | $4K | $604 | 10x | as long as short |
| edgeX KAITOUSDC | +0.0110% | 4h | 0.3515 | +0.192% | $17K | $326K | 5x | as long as short |
| Hyperliquid KAITO | +0.0518% | 1h | 0.3516 | +0.231% | $2.1M | $907K | 5x | as long as short |
| Lighter KAITO | +0.1168% | 1h | 0.3525 | +0.496% | $87K | $98K | 5x | as long as short |
| 01 Exchange KAITOUSD | +0.7464% | 1h | 0.3587 | +2.258% | $6K | $916 | 3x | as long as short |
MEXC KAITO_USDT
KuCoin KAITOUSDTM
Bitget KAITOUSDT
BingX KAITO-USDC
Variational Omni KAITO
GRVT KAITO_USDT_Perp
ApeX Omni KAITOUSDT
Polymarket Perps KAITO-USD
Orderly PERP_KAITO_USDC_mythos
Extended KAITO-USD
Aevo KAITO-PERP
Paradex KAITO-USD-PERP
edgeX KAITOUSDC
Hyperliquid KAITO
Lighter KAITO
01 Exchange KAITOUSD