Funding arb · Price arb /

KAITO

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0867%/8h= +95.0% APRpaid last 24h +0.201%

Price spread now: Kraken Futures against Aster−0.065%7-day average +0.014% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$176as in the Price arb table

costs, in and out, $10k−$1681.677% of the position

Long on Aster Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)+0.794%+$79 on $10k

Price spread, last 3 days (all we have)+0.113%+$11 · spread now −0.065%, 7d avg +0.014%

Together, before fees+0.907%+ Points / potential airdropAster: Stage 5 · farm board+$91 on $10k · with fees, hour by hour

Funding pays, the price is against you. Kraken Futures is 0.079% cheaper against Aster than usual: you would sell low and buy high (spread −0.065% now, against its 7-day average of +0.014%). If the spread goes back, that is −$8 on $10k: about 7 hours of funding at the current rate (+$26 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster KAITOUSDT	0.3513	0.0100	pay 0.0050% / 4h	2h 22m	$117K	$38K	10x
Short	Kraken Futures PF_KAITOUSD	0.3511	0.0967	get 0.0121% / 1h	22m 35s	$244K	$147K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against Aster. 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 AsterbpFee Kraken FuturesbpOrdersPrice spread, now −0.065%Rate

Funding earned: $182.16
Price spread: −0.065% → +0.014%: −$7.92
Slippage, 4 orders: −$149.68
Fee Aster: 4 bp × 2 orders: −$8
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: $6.56
Costs to cover: 1.677%
Break-even: 6.7 days

Slippage from Aster: live order book, 43 min ago; Kraken Futures: live order book, 45 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 Aster live order book, 43 min ago	2.86 bp	13.7 bp −$14	doesn't fit	doesn't fit	doesn't fit
Sell Kraken Futures live order book, 45 min ago	5.71 bp	60.8 bp −$61	179.6 bp −$1,796	doesn't fit	doesn't fit

KAITO on 26 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
Backpack KAITO_USDC_PERP	−0.0396%	1h	0.3512	−0.054%	$20K	$174K	10x	as long as short
Injective KAITO/USDC PERP	−0.0064%	1h	0.3474	−1.124%	$7K	$52K	12x	as long as short
Reya KAITORUSDPERP	0.0000%	1h	0.3370	−4.074%	—	—	—	as long as short
Aster KAITOUSDTlong	+0.0100%	4h	0.3513	long leg	$117K	$38K	10x
Pacifica KAITO	+0.0100%	1h	0.3516	+0.075%	$18K	$15K	5x	as long as short
Binance KAITOUSDT	+0.0100%	4h	0.3514	+0.015%	$10.7M	$16.3M	75x	as long as short
Bybit KAITOUSDT	+0.0100%	4h	0.3518	+0.128%	$4.5M	$7.1M	75x	as long as short
OKX KAITO-USDT-SWAP	+0.0100%	4h	0.3513	−0.014%	$4.3M	$10.3M	50x	as long as short
Gate KAITO_USDT	+0.0100%	4h	0.3515	+0.043%	$684K	$1.7M	75x	as long as short
MEXC KAITO_USDT	+0.0100%	4h	0.3515	+0.043%	$3.3M	$1.0M	50x	as long as short

Show all 26 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin KAITOUSDTM	+0.0100%	4h	0.3512	−0.042%	$1.4M	$163K	30x	as long as short
Bitget KAITOUSDT	+0.0100%	4h	0.3521	+0.214%	$4.4M	$3.2M	75x	as long as short
BingX KAITO-USDT	+0.0100%	4h	0.3513	−0.014%	—	$6.7M	—	as long as short
Variational Omni KAITO	+0.0100%	4h	0.3518	+0.126%	$44K	$229K	—	as long as short
GRVT KAITO_USDT_Perp	+0.0100%	4h	0.3512	−0.035%	$240K	$2.8M	10x	as long as short
ApeX Omni KAITOUSDT	+0.0100%	1h	0.3514	+0.015%	$30K	$256K	50x	as long as short
Orderly PERP_KAITO_USDC_mythos	+0.0100%	4h	0.3512	−0.057%	$3K	$2K	10x	as long as short
Extended KAITO-USD	+0.0104%	1h	0.3516	+0.082%	$78K	$54K	10x	as long as short
Aevo KAITO-PERP	+0.0104%	1h	0.3512	−0.052%	$244K	—	3x	as long as short
edgeX KAITOUSDC	+0.0105%	4h	0.3511	−0.069%	$17K	$323K	5x	as long as short
Paradex KAITO-USD-PERP	+0.0118%	8h	0.3516	+0.065%	$4K	$604	10x	as long as short
Polymarket Perps KAITO-USD	+0.0136%	1h	0.3514	+0.026%	$17K	$4.2M	5x	as long as short
Hyperliquid KAITO	+0.0958%	1h	0.3520	+0.185%	$2.1M	$784K	5x	as long as short
Kraken Futures PF_KAITOUSDshort	+0.0967%	1h	0.3511	−0.065%	$244K	$147K	10x
Lighter KAITO	+0.1432%	1h	0.3528	+0.416%	$87K	$93K	5x	as long as short
01 Exchange KAITOUSD	+0.6680%	1h	0.3580	+1.893%	$6K	$2K	3x	as long as short