Funding arb · Price arb /

KAITO

all KAITO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: BingX against Binance+0.055%7-day average +0.016% · you sell dearer than you buy

Net, funding: paid 7d − costs−$62as in the Funding arb table

Net, price: spread back to 7d avg − costs−$63as in the Price arb table

costs, in and out, $10k−$670.669% of the position

Long on Binance Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.049%+$5 on $10k

Price spread, last 7 days−0.050%−$5 · spread now +0.055%, 7d avg +0.016%

Together, before fees−0.001%$0 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 0.039% dearer against Binance than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.016%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance KAITOUSDT	0.3499	0.0100	pay 0.0050% / 4h	1h 07m	$10.6M	$16.6M	75x
Short	BingX KAITO-USDC	0.3501	0.0100	get 0.0050% / 4h	1h 07m	—	$6.5M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against Binance. 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 BinancebpFee BingXbpOrdersPrice spread, now +0.055%Rate

Funding earned: $0
Price spread: +0.055% → +0.016%: $3.95
Slippage, 4 orders: −$46.88
Fee Binance: 5 bp × 2 orders: −$10
Fee BingX: 5 bp × 2 orders: −$10
Net: −$62.93
Costs to cover: 0.669%
Break-even: never at this rate

Slippage from Binance: live order book, 3 min ago; BingX: live order book, 8 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 Binance live order book, 3 min ago	1.43 bp	11.2 bp −$11	36.1 bp −$361	536.4 bp −$53.6K	doesn't fit
Sell BingX live order book, 8 min ago	1.42 bp	23.4 bp −$23	156.3 bp −$1,563	1147.9 bp −$114.8K	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
Injective KAITO/USDC PERP	−0.0368%	1h	0.3516	+0.484%	$7K	$52K	12x	as long as short
Reya KAITORUSDPERP	0.0000%	1h	0.3370	−3.680%	—	—	—	as long as short
BloFin KAITO-USDT	+0.0080%	4h	0.3498	−0.030%	$560K	$66K	75x	as long as short
Aster KAITOUSDT	+0.0100%	4h	0.3500	+0.020%	$120K	$48K	10x	as long as short
Pacifica KAITO	+0.0100%	1h	0.3499	−0.004%	$18K	$15K	5x	as long as short
Binance KAITOUSDTlong	+0.0100%	4h	0.3499	long leg	$10.6M	$16.6M	75x
Bybit KAITOUSDT	+0.0100%	4h	0.3501	+0.055%	$4.5M	$7.3M	75x	as long as short
OKX KAITO-USDT-SWAP	+0.0100%	4h	0.3494	−0.145%	$4.3M	$10.6M	50x	as long as short
Gate KAITO_USDT	+0.0100%	4h	0.3502	+0.084%	$672K	$1.7M	75x	as long as short
MEXC KAITO_USDT	+0.0100%	4h	0.3498	−0.030%	$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	0.3501	+0.055%	$1.4M	$167K	30x	as long as short
Bitget KAITOUSDT	+0.0100%	4h	0.3501	+0.055%	$4.5M	$3.3M	75x	as long as short
BingX KAITO-USDCshort	+0.0100%	4h	0.3501	+0.055%	—	$6.5M	—
Backpack KAITO_USDC_PERP	+0.0100%	1h	0.3502	+0.090%	$20K	$161K	10x	as long as short
GRVT KAITO_USDT_Perp	+0.0100%	4h	0.3503	+0.112%	$235K	$2.6M	10x	as long as short
ApeX Omni KAITOUSDT	+0.0100%	1h	0.3499	−0.002%	$30K	$257K	50x	as long as short
Polymarket Perps KAITO-USD	+0.0100%	1h	0.3499	−0.005%	$23K	$4.2M	5x	as long as short
Orderly PERP_KAITO_USDC_mythos	+0.0100%	4h	0.3502	+0.078%	$3K	$2K	10x	as long as short
edgeX KAITOUSDC	+0.0102%	4h	0.3499	−0.014%	$17K	$323K	5x	as long as short
Extended KAITO-USD	+0.0104%	1h	0.3500	+0.035%	$78K	$54K	10x	as long as short
Aevo KAITO-PERP	+0.0104%	1h	0.3502	+0.093%	$243K	—	3x	as long as short
Variational Omni KAITO	+0.0125%	4h	0.3500	+0.036%	$44K	$228K	—	as long as short
Paradex KAITO-USD-PERP	+0.0126%	8h	0.3503	+0.120%	$4K	$604	10x	as long as short
Kraken Futures PF_KAITOUSD	+0.0699%	1h	0.3505	+0.167%	$245K	$153K	10x	as long as short
Hyperliquid KAITO	+0.0892%	1h	0.3507	+0.218%	$2.1M	$791K	5x	as long as short
Lighter KAITO	+0.1528%	1h	0.3512	+0.364%	$86K	$94K	5x	as long as short
01 Exchange KAITOUSD	+0.7824%	1h	0.3580	+2.313%	$6K	$2K	3x	as long as short