Funding you earn now, next payment 07:00 UTC−0.0100%/8h= −10.9% APRnext payment −$0.13 per $10,000 · paid last 24h —
Price spread now: Reya against Backpack−4.248%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Reya is 4.248% cheaper against Backpack than usual: you would sell low and buy high (−$425 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack KAITO_USDC_PERP | 0.3520 | 0.0100 | pay 0.0013% / 1h | 1m 51s | $19K | $189K | 10x |
| Short | Reya KAITORUSDPERP | 0.3370 | 0 | get 0.0000% / 1h | 1m 51s | — | — | — |
Backpack KAITO_USDC_PERP
Reya KAITORUSDPERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Reya 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
- −$21
- Price spread: −4.248% → 0.000%
- −$424.79
- Slippage, 4 orders
- no order book: not counted
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- −$461.79
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Backpack: live order book, 41 min ago; Reya: 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, 41 min ago | 1.14 bp | 9.7 bp −$10 | doesn't fit | doesn't fit | doesn't fit |
| Sell Reya no order-book sample | — | — | — | — | — |
Reya: 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 | |
|---|---|---|---|---|---|---|---|---|
| Reya KAITORUSDPERPshort | 0.0000% | 1h | 0.3370 | −4.248% | — | — | — | |
| Injective KAITO/USDC PERP | +0.0044% | 1h | 0.3508 | −0.338% | $7K | $52K | 12x | as long as short |
| Aster KAITOUSDT | +0.0100% | 4h | 0.3518 | −0.050% | $118K | $51K | 10x | as long as short |
| Pacifica KAITO | +0.0100% | 1h | 0.3519 | −0.016% | $18K | $14K | 5x | as long as short |
| Binance KAITOUSDT | +0.0100% | 4h | 0.3520 | +0.004% | $10.7M | $17.3M | 75x | as long as short |
| Bybit KAITOUSDT | +0.0100% | 4h | 0.3523 | +0.088% | $4.4M | $8.1M | 75x | as long as short |
| OKX KAITO-USDT-SWAP | +0.0100% | 4h | 0.3517 | −0.082% | $4.3M | $11.1M | 50x | as long as short |
| Gate KAITO_USDT | +0.0100% | 4h | 0.3518 | −0.054% | $658K | $1.7M | 75x | as long as short |
| MEXC KAITO_USDT | +0.0100% | 4h | 0.3519 | −0.026% | $3.0M | $1.2M | 50x | as long as short |
| KuCoin KAITOUSDTM | +0.0100% | 4h | 0.3521 | +0.031% | $1.4M | $162K | 30x | as long as short |
Injective KAITO/USDC PERP
Aster KAITOUSDT
Pacifica KAITO
Binance KAITOUSDT
Bybit KAITOUSDT
OKX KAITO-USDT-SWAP
Gate KAITO_USDT
MEXC KAITO_USDT
KuCoin KAITOUSDTMShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget KAITOUSDT | +0.0100% | 4h | 0.3521 | +0.031% | $4.4M | $3.5M | 75x | as long as short |
| BingX KAITO-USDC | +0.0100% | 4h | 0.3520 | +0.003% | — | $6.5M | — | as long as short |
| Backpack KAITO_USDC_PERPlong | +0.0100% | 1h | 0.3520 | long leg | $19K | $189K | 10x | |
| Variational Omni KAITO | +0.0100% | 4h | 0.3514 | −0.171% | $44K | $211K | — | as long as short |
| GRVT KAITO_USDT_Perp | +0.0100% | 4h | 0.3509 | −0.313% | $249K | $2.5M | 10x | as long as short |
| ApeX Omni KAITOUSDT | +0.0100% | 1h | 0.3511 | −0.253% | $29K | $259K | 50x | as long as short |
| Polymarket Perps KAITO-USD | +0.0100% | 1h | 0.3523 | +0.082% | $18K | $4.8M | 5x | as long as short |
| Orderly PERP_KAITO_USDC_mythos | +0.0100% | 4h | 0.3519 | −0.034% | $3K | $2K | 10x | as long as short |
| Extended KAITO-USD | +0.0104% | 1h | 0.3521 | +0.025% | $80K | $63K | 10x | as long as short |
| Aevo KAITO-PERP | +0.0104% | 1h | 0.3518 | −0.040% | $244K | — | 3x | as long as short |
| Paradex KAITO-USD-PERP | +0.0119% | 8h | 0.3522 | +0.072% | $4K | $604 | 10x | as long as short |
| edgeX KAITOUSDC | +0.0119% | 4h | 0.3510 | −0.276% | $17K | $326K | 5x | as long as short |
| BloFin KAITO-USDT | +0.0125% | 4h | 0.3507 | −0.366% | $553K | $67K | 75x | as long as short |
| Hyperliquid KAITO | +0.0639% | 1h | 0.3524 | +0.116% | $2.1M | $869K | 5x | as long as short |
| Kraken Futures PF_KAITOUSD | +0.0806% | 1h | 0.3519 | −0.015% | $247K | $156K | 10x | as long as short |
| Lighter KAITO | +0.1304% | 1h | 0.3533 | +0.366% | $87K | $102K | 5x | as long as short |
| 01 Exchange KAITOUSD | +0.8160% | 1h | 0.3594 | +2.099% | $6K | $988 | 3x | as long as short |
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
BloFin KAITO-USDT
Hyperliquid KAITO
Kraken Futures PF_KAITOUSD
Lighter KAITO
01 Exchange KAITOUSD