Funding arb · Price arb /

KAITO

all KAITO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: BingX against Gate+0.029%7-day average −0.022% · you sell dearer than you buy

Net, funding: paid 7d − costs−$82as in the Funding arb table

Net, price: spread back to 7d avg − costs−$80as in the Price arb table

costs, in and out, $10k−$850.852% of the position

Long on Gate Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.028%+$3 on $10k

Price spread, last 7 days−0.040%−$4 · spread now +0.029%, 7d avg −0.022%

Together, before fees−0.012%−$1 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 0.050% dearer against Gate than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.022%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate KAITO_USDT	0.3471	0.0100	pay 0.0050% / 4h	2h 55m	$647K	$1.6M	75x
Short	BingX KAITO-USDT	0.3472	0.0100	get 0.0050% / 4h	2h 55m	—	$6.8M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against Gate. 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 GatebpFee BingXbpOrdersPrice spread, now +0.029%Rate

Funding earned: $0
Price spread: +0.029% → −0.022%: $5.05
Slippage, 4 orders: −$60.16
Fee Gate: 7.5 bp × 2 orders: −$15
Fee BingX: 5 bp × 2 orders: −$10
Net: −$80.11
Costs to cover: 0.852%
Break-even: never at this rate

Slippage from Gate: live order book, 2 min ago; BingX: live order book, 7 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 Gate live order book, 2 min ago	2.86 bp	26.1 bp −$26	67.7 bp −$677	doesn't fit	doesn't fit
Sell BingX live order book, 7 min ago	2.85 bp	12.7 bp −$13	21.7 bp −$217	147.3 bp −$14.7K	587.5 bp −$293.7K

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
Kraken Futures PF_KAITOUSD	−0.0484%	1h	0.3465	−0.185%	$245K	$164K	10x	as long as short
Backpack KAITO_USDC_PERP	−0.0138%	1h	0.3469	−0.043%	$17K	$201K	10x	as long as short
Reya KAITORUSDPERP	0.0000%	1h	0.3370	−2.901%	—	—	—	as long as short
Injective KAITO/USDC PERP	+0.0033%	1h	0.3535	+1.844%	$7K	$52K	12x	as long as short
BloFin KAITO-USDT	+0.0049%	4h	0.3471	0.000%	$551K	$67K	75x	as long as short
Hyperliquid KAITO	+0.0100%	1h	0.3473	+0.069%	$2.0M	$920K	5x	as long as short
Aster KAITOUSDT	+0.0100%	4h	0.3472	+0.016%	$114K	$63K	10x	as long as short
Pacifica KAITO	+0.0100%	1h	0.3479	+0.222%	$19K	$15K	5x	as long as short
Binance KAITOUSDT	+0.0100%	4h	0.3470	−0.029%	$10.6M	$17.9M	75x	as long as short
Bybit KAITOUSDT	+0.0100%	4h	0.3471	0.000%	$4.5M	$8.9M	75x	as long as short

Show all 27 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX KAITO-USDT-SWAP	+0.0100%	4h	0.3467	−0.115%	$4.3M	$11.5M	50x	as long as short
Gate KAITO_USDTlong	+0.0100%	4h	0.3471	long leg	$647K	$1.6M	75x
MEXC KAITO_USDT	+0.0100%	4h	0.3464	−0.202%	$3.4M	$1.3M	50x	as long as short
KuCoin KAITOUSDTM	+0.0100%	4h	0.3476	+0.144%	$1.4M	$171K	30x	as long as short
Bitget KAITOUSDT	+0.0100%	4h	0.3472	+0.029%	$4.4M	$3.7M	75x	as long as short
BingX KAITO-USDTshort	+0.0100%	4h	0.3472	+0.029%	—	$6.8M	—
Variational Omni KAITO	+0.0100%	4h	0.3491	+0.585%	$45K	$211K	—	as long as short
GRVT KAITO_USDT_Perp	+0.0100%	4h	0.3496	+0.716%	$243K	$2.3M	10x	as long as short
ApeX Omni KAITOUSDT	+0.0100%	1h	0.3493	+0.634%	$29K	$258K	50x	as long as short
Polymarket Perps KAITO-USD	+0.0100%	1h	0.3470	−0.029%	$18K	$5.0M	5x	as long as short
Orderly PERP_KAITO_USDC_mythos	+0.0100%	4h	0.3473	+0.072%	$3K	$2K	10x	as long as short
Paradex KAITO-USD-PERP	+0.0103%	8h	0.3477	+0.179%	$4K	$604	10x	as long as short
Extended KAITO-USD	+0.0104%	1h	0.3469	−0.067%	$80K	$63K	10x	as long as short
Aevo KAITO-PERP	+0.0104%	1h	0.3480	+0.248%	$242K	—	3x	as long as short
edgeX KAITOUSDC	+0.0106%	4h	0.3494	+0.650%	$17K	$327K	5x	as long as short
Lighter KAITO	+0.0816%	1h	0.3489	+0.519%	$86K	$102K	5x	as long as short
01 Exchange KAITOUSD	+0.8424%	1h	0.3553	+2.357%	$6K	$610	3x	as long as short