Spread before costs (cost unknown: a leg has no order-book sample)+0.878%
7d average+0.619%if it closes, per $10,000$88funding while held, a day+$12.06
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective KAITO/USDC PERP | 0.3472 | −0.0302 | get 0.0038% / 1h | 5m 48s | $7K | $160K | 12x |
| Short | Backpack KAITO_USDC_PERP | 0.3503 | 0.0100 | get 0.0013% / 1h | 5m 48s | $19K | $165K | 10x |
Injective KAITO/USDC PERP
Backpack KAITO_USDC_PERPPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $87.85
- Funding while held
- $12.06
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- $89.88
- Spread needed to break even
- 0.100%
Slippage unknown: Injective: no order-book sample; Backpack: live order book, 10 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0402%
- Per $10,000 a day
- +$12.06
- Average in range /8h
- —
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 Injective no order-book sample | — | — | — | — | — |
| Sell Backpack live order book, 10 min ago | 0.14 bp | 8.7 bp −$9 | doesn't fit | doesn't fit | doesn't fit |
Injective: 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 price on every exchange
against the cheapest. Click to use as the short leg.Reya0.3370cheapest
ReyaInjective0.3472+3.026%
BloFin0.3494+3.679%ApeX Omni0.3496+3.738%edgeX0.3497+3.777%OKX0.3500+3.857%Binance0.3501+3.887%Pacifica0.3502+3.916%MEXC0.3502+3.916%
BloFin
ApeX Omni
OKX
Binance
Pacifica
MEXCBackpack0.3503+3.931%
Aster0.3503+3.935%Extended0.3503+3.937%Gate0.3503+3.946%Paradex0.3504+3.967%BingX0.3504+3.976%Orderly0.3504+3.979%Kraken Futures0.3504+3.987%Bybit0.3505+4.005%KuCoin0.3505+4.005%Aevo0.3506+4.022%Bitget0.3506+4.035%Variational Omni0.3506+4.035%Hyperliquid0.3507+4.065%Lighter0.3508+4.091%Polymarket Perps0.3508+4.100%01 Exchange0.3635+7.863%
Aster
Extended
Gate
Paradex
BingX
Orderly
Kraken Futures
Bybit
KuCoin
Aevo
Bitget
Variational Omni
Hyperliquid
Lighter
Polymarket PerpsKAITO on 26 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Reya KAITORUSDPERP | −2.937% | 0.0000% | 1h | — | — | — | as long as short |
| Injective KAITO/USDC PERPlong | 0.000% | −0.0302% | 1h | $7K | $160K | 12x | |
| BloFin KAITO-USDT | +0.634% | +0.0154% | 4h | $553K | $53K | 75x | as long as short |
| ApeX Omni KAITOUSDT | +0.691% | +0.0100% | 1h | $28K | $255K | 50x | as long as short |
| edgeX KAITOUSDC | +0.729% | +0.0114% | 4h | $18K | $318K | 5x | as long as short |
| OKX KAITO-USDT-SWAP | +0.806% | +0.0100% | 4h | $4.1M | $9.9M | 50x | as long as short |
| Binance KAITOUSDT | +0.835% | +0.0100% | 4h | $10.6M | $14.4M | 75x | as long as short |
| Pacifica KAITO | +0.864% | +0.0100% | 1h | $17K | $11K | 5x | as long as short |
| MEXC KAITO_USDT | +0.864% | +0.0100% | 4h | $3.5M | $1.1M | 50x | as long as short |
| Backpack KAITO_USDC_PERPshort | +0.878% | +0.0100% | 1h | $19K | $165K | 10x |