Funding arb · Price arb /

KAITO

all KAITO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: MEXC against Bybit−0.114%7-day average −0.067% · you buy dearer than you sell

Net, funding: paid 7d − costs−$59as in the Funding arb table

Net, price: spread back to 7d avg − costs−$60as in the Price arb table

costs, in and out, $10k−$550.555% of the position

Long on Bybit Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.035%−$3 on $10k

Price spread, last 7 days+0.012%+$1 · spread now −0.114%, 7d avg −0.067%

Together, before fees−0.023%−$2 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: MEXC is 0.046% cheaper against Bybit than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.067%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit KAITOUSDT	0.3522	0.0100	pay 0.0050% / 4h	5m 13s	$4.7M	$8.6M	75x
Short	MEXC KAITO_USDT	0.3518	0.0100	get 0.0050% / 4h	5m 13s	$3.3M	$1.2M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against Bybit. 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 BybitbpFee MEXCbpOrdersPrice spread, now −0.114%Rate

Funding earned: $0
Price spread: −0.114% → −0.067%: −$4.65
Slippage, 4 orders: −$44.45
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee MEXC: 0 bp × 2 orders: $0
Net: −$60.1
Costs to cover: 0.555%
Break-even: never at this rate

Slippage from Bybit: live order book, 3 min ago; MEXC: live order book, 2 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 Bybit live order book, 3 min ago	2.84 bp	21.1 bp −$21	70.1 bp −$701	doesn't fit	doesn't fit
Sell MEXC live order book, 2 min ago	1.42 bp	5.2 bp −$5	9.0 bp −$90	73.5 bp −$7,347	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	−4.306%	—	—	—	as long as short
BloFin KAITO-USDT	+0.0057%	4h	0.3516	−0.170%	$557K	$68K	75x	as long as short
Injective KAITO/USDC PERP	+0.0068%	1h	0.3535	+0.369%	$7K	$52K	12x	as long as short
Aster KAITOUSDT	+0.0100%	4h	0.3521	−0.031%	$118K	$63K	10x	as long as short
Pacifica KAITO	+0.0100%	1h	0.3519	−0.088%	$19K	$15K	5x	as long as short
Binance KAITOUSDT	+0.0100%	4h	0.3518	−0.110%	$10.8M	$17.9M	75x	as long as short
Bybit KAITOUSDTlong	+0.0100%	4h	0.3522	long leg	$4.7M	$8.6M	75x
OKX KAITO-USDT-SWAP	+0.0100%	4h	0.3517	−0.142%	$4.3M	$11.6M	50x	as long as short
Gate KAITO_USDT	+0.0100%	4h	0.3521	−0.028%	$666K	$1.8M	75x	as long as short
MEXC KAITO_USDTshort	+0.0100%	4h	0.3518	−0.114%	$3.3M	$1.2M	50x

Show all 27 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin KAITOUSDTM	+0.0100%	4h	0.3522	0.000%	$1.4M	$171K	30x	as long as short
Bitget KAITOUSDT	+0.0100%	4h	0.3522	0.000%	$4.4M	$3.6M	75x	as long as short
BingX KAITO-USDC	+0.0100%	4h	0.3520	−0.057%	—	$6.5M	—	as long as short
Backpack KAITO_USDC_PERP	+0.0100%	1h	0.3518	−0.105%	$20K	$194K	10x	as long as short
Variational Omni KAITO	+0.0100%	4h	0.3523	+0.029%	$44K	$211K	—	as long as short
GRVT KAITO_USDT_Perp	+0.0100%	4h	0.3522	+0.008%	$250K	$2.4M	10x	as long as short
ApeX Omni KAITOUSDT	+0.0100%	1h	0.3520	−0.057%	$29K	$259K	50x	as long as short
Polymarket Perps KAITO-USD	+0.0100%	1h	0.3520	−0.054%	$23K	$5.1M	5x	as long as short
Orderly PERP_KAITO_USDC_mythos	+0.0100%	4h	0.3518	−0.114%	$3K	$2K	10x	as long as short
Extended KAITO-USD	+0.0104%	1h	0.3519	−0.088%	$81K	$63K	10x	as long as short
Aevo KAITO-PERP	+0.0104%	1h	0.3519	−0.085%	$244K	—	3x	as long as short
Paradex KAITO-USD-PERP	+0.0107%	8h	0.3517	−0.128%	$4K	$604	10x	as long as short
edgeX KAITOUSDC	+0.0107%	4h	0.3520	−0.065%	$17K	$327K	5x	as long as short
Hyperliquid KAITO	+0.0383%	1h	0.3524	+0.060%	$2.1M	$902K	5x	as long as short
Kraken Futures PF_KAITOUSD	+0.0664%	1h	0.3516	−0.163%	$248K	$165K	10x	as long as short
Lighter KAITO	+0.0928%	1h	0.3533	+0.318%	$87K	$103K	5x	as long as short
01 Exchange KAITOUSD	+0.2744%	1h	0.3593	+2.027%	$6K	$916	3x	as long as short