Spread before costs (cost unknown: a leg has no order-book sample)−0.067%
7d average—if it closes, per $10,000$7funding while held, a day−$0.11
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex KAITO-USD-PERP | 0.3511 | 0.0104 | pay 0.0104% / 8h | 45m 26s | $4K | $604 | 10x |
| Short | Backpack KAITO_USDC_PERP | 0.3508 | 0.0100 | get 0.0013% / 1h | 45m 26s | $19K | $154K | 10x |
Paradex KAITO-USD-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
- −$6.66
- Funding while held
- −$0.11
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- −$20.77
- Spread needed to break even
- 0.140%
Slippage unknown: Paradex: no order-book sample; Backpack: live order book, 40 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0004%
- Per $10,000 a day
- −$0.11
- 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 Paradex no order-book sample | — | — | — | — | — |
| Sell Backpack live order book, 40 min ago | 0.43 bp | 11.6 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
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 price on every exchange
against the cheapest. Click to use as the short leg.Reya0.3370cheapestKraken Futures0.3500+3.855%MEXC0.3506+4.032%Binance0.3508+4.088%OKX0.3508+4.092%
Reya
Kraken Futures
MEXC
Binance
OKXBackpack0.3508+4.098%
Orderly0.3509+4.119%Extended0.3510+4.143%Aevo0.3510+4.166%
Orderly
Extended
AevoParadex0.3511+4.167%
BingX0.3511+4.181%Polymarket Perps0.3511+4.193%Aster0.3512+4.200%Bybit0.3512+4.211%Gate0.3512+4.211%Bitget0.3512+4.211%Hyperliquid0.3514+4.258%Pacifica0.3514+4.269%KuCoin0.3514+4.270%Lighter0.3515+4.305%Injective0.3516+4.329%Variational Omni0.3517+4.362%BloFin0.3531+4.774%ApeX Omni0.3538+4.982%edgeX0.3539+5.014%01 Exchange0.3575+6.083%
BingX
Polymarket Perps
Aster
Bybit
Gate
Bitget
Hyperliquid
Pacifica
KuCoin
Lighter
Injective
Variational Omni
BloFin
ApeX OmniKAITO on 26 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Reya KAITORUSDPERP | −4.000% | 0.0000% | 1h | — | — | — | as long as short |
| Kraken Futures PF_KAITOUSD | −0.300% | +0.0339% | 1h | $242K | $139K | 10x | as long as short |
| MEXC KAITO_USDT | −0.129% | +0.0100% | 4h | $3.4M | $995K | 50x | as long as short |
| Binance KAITOUSDT | −0.076% | +0.0100% | 4h | $10.7M | $14.2M | 75x | as long as short |
| OKX KAITO-USDT-SWAP | −0.072% | +0.0100% | 4h | $4.2M | $10.0M | 50x | as long as short |
| Backpack KAITO_USDC_PERPshort | −0.067% | +0.0100% | 1h | $19K | $154K | 10x | |
| Orderly PERP_KAITO_USDC_mythos | −0.047% | +0.0100% | 4h | $4K | $28 | 10x | as long as short |
| Extended KAITO-USD | −0.023% | +0.0104% | 1h | $55K | $41K | 10x | as long as short |
| Aevo KAITO-PERP | −0.001% | +0.0104% | 1h | $244K | $1K | 3x | as long as short |
| Paradex KAITO-USD-PERPlong | 0.000% | +0.0104% | 8h | $4K | $604 | 10x |