Spread before costs (cost unknown: a leg has no order-book sample)+0.162%
7d average—if it closes, per $10,000$16funding while held, a day−$0.08
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex KAITO-USD-PERP | 0.3515 | 0.0103 | pay 0.0103% / 8h | 1h 40m | $4K | $604 | 10x |
| Short | Bybit KAITOUSDT | 0.3521 | 0.0100 | get 0.0050% / 4h | 1h 40m | $4.3M | $5.4M | 75x |
Paradex KAITO-USD-PERP
Bybit KAITOUSDTPrice 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
- $16.19
- Funding while held
- −$0.08
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $1.1
- Spread needed to break even
- 0.150%
Slippage unknown: Paradex: no order-book sample; Bybit: live order book, 3 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0003%
- Per $10,000 a day
- −$0.08
- 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 Bybit live order book, 3 min ago | 1.42 bp | 22.0 bp −$22 | 107.9 bp −$1,079 | 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.Reya0.3370cheapestApeX Omni0.3507+4.051%
Reya
ApeX OmniParadex0.3515+4.298%
OKX0.3517+4.348%Gate0.3517+4.348%MEXC0.3517+4.348%Orderly0.3518+4.372%Binance0.3518+4.382%edgeX0.3518+4.386%Pacifica0.3518+4.392%Aster0.3519+4.404%Extended0.3519+4.405%KuCoin0.3519+4.408%BingX0.3519+4.408%BloFin0.3519+4.408%Backpack0.3519+4.410%Polymarket Perps0.3520+4.425%Aevo0.3520+4.429%Injective0.3520+4.437%
OKX
Gate
MEXC
Orderly
Binance
Pacifica
Aster
Extended
KuCoin
BingX
BloFin
Backpack
Polymarket Perps
Aevo
InjectiveBybit0.3521+4.467%
Bitget0.3522+4.497%Hyperliquid0.3522+4.508%Lighter0.3523+4.541%Kraken Futures0.3526+4.608%Variational Omni0.3529+4.691%01 Exchange0.3679+9.167%
Bitget
Hyperliquid
Lighter
Kraken Futures
Variational OmniKAITO on 26 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Reya KAITORUSDPERP | −4.121% | 0.0000% | 1h | — | — | — | as long as short |
| ApeX Omni KAITOUSDT | −0.236% | +0.0100% | 1h | $29K | $251K | 50x | as long as short |
| Paradex KAITO-USD-PERPlong | 0.000% | +0.0103% | 8h | $4K | $604 | 10x | |
| OKX KAITO-USDT-SWAP | +0.048% | +0.0100% | 4h | $4.2M | $9.6M | 50x | as long as short |
| Gate KAITO_USDT | +0.048% | +0.0100% | 4h | $669K | $1.5M | 75x | as long as short |
| MEXC KAITO_USDT | +0.048% | +0.0100% | 4h | $3.4M | $975K | 50x | as long as short |
| Orderly PERP_KAITO_USDC_mythos | +0.071% | +0.0100% | 4h | $4K | $28 | 10x | as long as short |
| Binance KAITOUSDT | +0.080% | +0.0100% | 4h | $10.7M | $13.5M | 75x | as long as short |
| edgeX KAITOUSDC | +0.084% | +0.0107% | 4h | $18K | $319K | 5x | as long as short |
| Pacifica KAITO | +0.090% | +0.0100% | 1h | $17K | $19K | 5x | as long as short |