Funding arb · Price arb /

KAITO

all KAITO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0031%/8h= +3.4% APRpaid last 24h −0.004%

Price spread now: Aevo against BloFin−0.039%53s7-day average −0.014% · you buy dearer than you sell

Net, funding: paid 7d − costs−$139as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$1441.436% of the position

Long on BloFin Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 7 days+0.043%+$4 on $10k

Price spread, last 4 days (all we have)−0.037%−$4 · spread now −0.039%, 7d avg −0.014%

Together, before fees+0.006%+$1 on $10k · with fees, hour by hour

Funding pays, the price is against you. Aevo is 0.025% cheaper against BloFin than usual: you would sell low and buy high (spread −0.039% now, against its 7-day average of −0.014%). If the spread goes back, that is −$2 on $10k: about 2.7 days of funding at the current rate (+$1 a day). The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin KAITO-USDT	0.3512	0.0073	pay 0.0037% / 4h	1h 23m	$551K	$67K	75x
Short	Aevo KAITO-PERP	0.3511	0.0104	get 0.0013% / 1h	23m 28s	$244K	—	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against BloFin. 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 BloFinbpFee AevobpOrdersPrice spread, now −0.039%Rate

Funding earned: $6.45
Price spread: −0.039% → −0.014%: −$2.46
Slippage, 4 orders: −$115.64
Fee BloFin: 6 bp × 2 orders: −$12
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$139.65
Costs to cover: 1.436%
Break-even: 158.5 days

Slippage from BloFin: live order book, 63 min ago; Aevo: live order book, 20 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 BloFin live order book, 63 min ago	1.44 bp	15.0 bp −$15	23.0 bp −$230	doesn't fit	doesn't fit
Sell Aevo live order book, 20 min ago	37.09 bp	52.6 bp −$53	255.5 bp −$2,555	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
Reya KAITORUSDPERP	0.0000%	1h	0.3370	−4.035%	—	—	—	as long as short
Injective KAITO/USDC PERP	+0.0044%	1h	0.3495	−0.484%	$7K	$52K	12x	as long as short
BloFin KAITO-USDTlong	+0.0073%	4h	0.3512	long leg	$551K	$67K	75x
Aster KAITOUSDT	+0.0100%	4h	0.3509	−0.080%	$118K	$51K	10x	as long as short
Pacifica KAITO	+0.0100%	1h	0.3511	−0.017%	$18K	$14K	5x	as long as short
Binance KAITOUSDT	+0.0100%	4h	0.3507	−0.134%	$10.7M	$17.3M	75x	as long as short
Bybit KAITOUSDT	+0.0100%	4h	0.3509	−0.085%	$4.4M	$8.0M	75x	as long as short
OKX KAITO-USDT-SWAP	+0.0100%	4h	0.3502	−0.285%	$4.3M	$11.1M	50x	as long as short
Gate KAITO_USDT	+0.0100%	4h	0.3508	−0.114%	$660K	$1.7M	75x	as long as short
MEXC KAITO_USDT	+0.0100%	4h	0.3509	−0.085%	$3.0M	$1.2M	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	0.3513	+0.028%	$1.4M	$164K	30x	as long as short
Bitget KAITOUSDT	+0.0100%	4h	0.3510	−0.057%	$4.4M	$3.5M	75x	as long as short
BingX KAITO-USDT	+0.0100%	4h	0.3508	−0.114%	—	$6.7M	—	as long as short
Backpack KAITO_USDC_PERP	+0.0100%	1h	0.3509	−0.097%	$19K	$189K	10x	as long as short
Variational Omni KAITO	+0.0100%	4h	0.3511	−0.017%	$44K	$211K	—	as long as short
GRVT KAITO_USDT_Perp	+0.0100%	4h	0.3496	−0.455%	$238K	$2.5M	10x	as long as short
ApeX Omni KAITOUSDT	+0.0100%	1h	0.3494	−0.513%	$29K	$259K	50x	as long as short
Polymarket Perps KAITO-USD	+0.0100%	1h	0.3508	−0.100%	$16K	$4.7M	5x	as long as short
Orderly PERP_KAITO_USDC_mythos	+0.0100%	4h	0.3509	−0.088%	$3K	$2K	10x	as long as short
Extended KAITO-USD	+0.0104%	1h	0.3507	−0.139%	$80K	$63K	10x	as long as short
Aevo KAITO-PERPshort	+0.0104%	1h	0.3511	−0.039%	$244K	—	3x
edgeX KAITOUSDC	+0.0112%	4h	0.3495	−0.494%	$17K	$324K	5x	as long as short
Paradex KAITO-USD-PERP	+0.0126%	8h	0.3510	−0.056%	$4K	$604	10x	as long as short
Hyperliquid KAITO	+0.0683%	1h	0.3514	+0.057%	$2.1M	$866K	5x	as long as short
Kraken Futures PF_KAITOUSD	+0.0808%	1h	0.3512	−0.010%	$246K	$156K	10x	as long as short
Lighter KAITO	+0.1488%	1h	0.3525	+0.359%	$87K	$102K	5x	as long as short
01 Exchange KAITOUSD	+0.8368%	1h	0.3586	+2.107%	$6K	$988	3x	as long as short