Funding arb · Price arb /

KAITO

all KAITO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0024%/8h= +2.7% APRpaid last 24h +0.001%

Price spread now: Paradex against BingX−0.039%7-day average — · you buy dearer than you sell

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

Long on BingX Short on Paradex

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropParadex: Active · farm boardneeds both histories

Funding pays, the price is against you. Paradex is 0.039% cheaper against BingX than usual: you would sell low and buy high (spread −0.039% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 5.3 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX KAITO-USDC	0.3514	0.0100	pay 0.0050% / 4h	1h 19m	—	$6.5M	—
Short	Paradex KAITO-USD-PERP	0.3513	0.0124	get 0.0124% / 8h	1h 19m	$4K	$604	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex against BingX. 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 BingXbpFee ParadexbpOrdersPrice spread, now −0.039%Rate

Funding earned: $5.1
Price spread: −0.039% → 0.000%: −$3.89
Slippage, 4 orders: no order book: not counted
Fee BingX: 5 bp × 2 orders: −$10
Fee Paradex: 2 bp × 2 orders: −$4
Net: −$12.78
Costs to cover: 0.140%
Break-even: 24.5 days

Slippage unknown: BingX: live order book, 11 min ago; Paradex: 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 BingX live order book, 11 min ago	1.43 bp	29.2 bp −$29	155.1 bp −$1,551	803.4 bp −$80.3K	1152.9 bp −$576.5K
Sell Paradex no order-book sample	—	—	—	—	—

Paradex: 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 KAITORUSDPERP	0.0000%	1h	0.3370	−4.091%	—	—	—	as long as short
Injective KAITO/USDC PERP	+0.0044%	1h	0.3510	−0.114%	$7K	$52K	12x	as long as short
Aster KAITOUSDT	+0.0100%	4h	0.3513	−0.028%	$118K	$51K	10x	as long as short
Pacifica KAITO	+0.0100%	1h	0.3512	−0.044%	$18K	$14K	5x	as long as short
Binance KAITOUSDT	+0.0100%	4h	0.3512	−0.061%	$10.7M	$17.3M	75x	as long as short
Bybit KAITOUSDT	+0.0100%	4h	0.3514	0.000%	$4.4M	$8.0M	75x	as long as short
OKX KAITO-USDT-SWAP	+0.0100%	4h	0.3510	−0.114%	$4.3M	$11.1M	50x	as long as short
Gate KAITO_USDT	+0.0100%	4h	0.3513	−0.028%	$661K	$1.7M	75x	as long as short
MEXC KAITO_USDT	+0.0100%	4h	0.3512	−0.057%	$3.0M	$1.2M	50x	as long as short
KuCoin KAITOUSDTM	+0.0100%	4h	0.3511	−0.085%	$1.4M	$164K	30x	as long as short

Show all 27 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget KAITOUSDT	+0.0100%	4h	0.3516	+0.057%	$4.4M	$3.5M	75x	as long as short
BingX KAITO-USDClong	+0.0100%	4h	0.3514	long leg	—	$6.5M	—
Backpack KAITO_USDC_PERP	+0.0100%	1h	0.3511	−0.088%	$19K	$190K	10x	as long as short
Variational Omni KAITO	+0.0100%	4h	0.3512	−0.060%	$44K	$211K	—	as long as short
GRVT KAITO_USDT_Perp	+0.0100%	4h	0.3507	−0.204%	$239K	$2.5M	10x	as long as short
ApeX Omni KAITOUSDT	+0.0100%	1h	0.3508	−0.171%	$29K	$259K	50x	as long as short
Polymarket Perps KAITO-USD	+0.0100%	1h	0.3519	+0.142%	$15K	$4.7M	5x	as long as short
Orderly PERP_KAITO_USDC_mythos	+0.0100%	4h	0.3515	+0.026%	$3K	$2K	10x	as long as short
Extended KAITO-USD	+0.0104%	1h	0.3512	−0.067%	$80K	$63K	10x	as long as short
Aevo KAITO-PERP	+0.0104%	1h	0.3515	+0.043%	$244K	—	3x	as long as short
edgeX KAITOUSDC	+0.0111%	4h	0.3507	−0.213%	$18K	$325K	5x	as long as short
Paradex KAITO-USD-PERPshort	+0.0124%	8h	0.3513	−0.039%	$4K	$604	10x
BloFin KAITO-USDT	+0.0157%	4h	0.3511	−0.085%	$550K	$67K	75x	as long as short
Hyperliquid KAITO	+0.0677%	1h	0.3517	+0.087%	$2.1M	$867K	5x	as long as short
Kraken Futures PF_KAITOUSD	+0.0807%	1h	0.3514	+0.014%	$246K	$156K	10x	as long as short
Lighter KAITO	+0.1472%	1h	0.3526	+0.347%	$87K	$102K	5x	as long as short
01 Exchange KAITOUSD	+0.8320%	1h	0.3592	+2.228%	$6K	$988	3x	as long as short