KAITO

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0360%/8h= +39.4% APRnext payment +$0.45 per $10,000 · paid last 24h −0.140%

Price spread now: Injective against Backpack−0.075%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Backpack Short on Injective

What this pair did over the last

the charts below follow

Funding, last 7 days+0.516%+$52 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. Injective is 0.075% cheaper against Backpack than usual: you would sell low and buy high (spread −0.075% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 17 hours of funding at the current rate (+$11 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Backpack KAITO_USDC_PERP	0.3468	−0.0513	get 0.0064% / 1h	41m 07s	$18K	$169K	10x
Short	Injective KAITO/USDC PERP	0.3465	−0.0154	pay 0.0019% / 1h	41m 07s	$7K	$52K	12x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against Backpack. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 InjectivebpOrdersPrice spread, now −0.075%Rate

Funding earned: $75.53
Price spread: −0.075% → 0.000%: −$7.5
Slippage, 4 orders: no order book: not counted
Fee Backpack: 5 bp × 2 orders: −$10
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $58.01
Costs to cover: 0.100%
Break-even: 1.6 days

Slippage unknown: Backpack: live order book, 17 min ago; Injective: no order-book sample. 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 Backpack live order book, 17 min ago	0.87 bp	13.8 bp −$14	doesn't fit	doesn't fit	doesn't fit
Sell Injective no order-book sample	—	—	—	—	—

Injective: 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_PERPlong	−0.0513%	1h	0.3468	long leg	$18K	$169K	10x
Injective KAITO/USDC PERPshort	−0.0154%	1h	0.3465	−0.075%	$7K	$52K	12x
Reya KAITORUSDPERP	0.0000%	1h	0.3370	−2.806%	—	—	—	as long as short
Aster KAITOUSDT	+0.0100%	4h	0.3467	−0.018%	$118K	$50K	10x	as long as short
Pacifica KAITO	+0.0100%	1h	0.3467	−0.019%	$18K	$15K	5x	as long as short
Binance KAITOUSDT	+0.0100%	4h	0.3467	−0.017%	$10.5M	$16.8M	75x	as long as short
Bybit KAITOUSDT	+0.0100%	4h	0.3470	+0.069%	$4.3M	$7.6M	75x	as long as short
OKX KAITO-USDT-SWAP	+0.0100%	4h	0.3468	+0.012%	$4.2M	$10.7M	50x	as long as short
Gate KAITO_USDT	+0.0100%	4h	0.3468	+0.012%	$662K	$1.7M	75x	as long as short
MEXC KAITO_USDT	+0.0100%	4h	0.3467	−0.017%	$3.4M	$1.1M	50x	as long as short

Show all 27 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin KAITOUSDTM	+0.0100%	4h	0.3468	+0.012%	$1.4M	$170K	30x	as long as short
Bitget KAITOUSDT	+0.0100%	4h	0.3471	+0.098%	$4.4M	$3.4M	75x	as long as short
BingX KAITO-USDC	+0.0100%	4h	0.3469	+0.040%	—	$6.5M	—	as long as short
Variational Omni KAITO	+0.0100%	4h	0.3460	−0.209%	$43K	$228K	—	as long as short
GRVT KAITO_USDT_Perp	+0.0100%	4h	0.3462	−0.165%	$237K	$2.6M	10x	as long as short
ApeX Omni KAITOUSDT	+0.0100%	1h	0.3463	−0.133%	$30K	$257K	50x	as long as short
Polymarket Perps KAITO-USD	+0.0100%	1h	0.3469	+0.043%	$15K	$4.4M	5x	as long as short
Orderly PERP_KAITO_USDC_mythos	+0.0100%	4h	0.3467	−0.020%	$3K	$2K	10x	as long as short
Extended KAITO-USD	+0.0104%	1h	0.3468	+0.007%	$77K	$62K	10x	as long as short
Aevo KAITO-PERP	+0.0104%	1h	0.3468	−0.003%	$241K	—	3x	as long as short
BloFin KAITO-USDT	+0.0115%	4h	0.3469	+0.040%	$546K	$66K	75x	as long as short
Paradex KAITO-USD-PERP	+0.0116%	8h	0.3467	−0.015%	$4K	$604	10x	as long as short
edgeX KAITOUSDC	+0.0120%	4h	0.3465	−0.072%	$17K	$322K	5x	as long as short
Kraken Futures PF_KAITOUSD	+0.0403%	1h	0.3470	+0.060%	$243K	$155K	10x	as long as short
Hyperliquid KAITO	+0.0709%	1h	0.3476	+0.239%	$2.0M	$807K	5x	as long as short
01 Exchange KAITOUSD	+0.0728%	1h	0.3467	−0.017%	$6K	$2K	3x	as long as short
Lighter KAITO	+0.1176%	1h	0.3479	+0.320%	$86K	$92K	5x	as long as short