Funding you earn now, next payment 09:00 UTC−0.0514%/8h= −56.3% APRpaid last 24h +0.172%
Price spread now: Kraken Futures against BingX−0.132%7-day average −0.010% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,348as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,434as in the Price arb table
costs, in and out, $10k−$1,42214.222% of the position
Funding, last 7 days+0.738%+$74 on $10k
+Price spread, last 4 days (all we have)+0.152%+$15 · spread now −0.132%, 7d avg −0.010%
=Both sides work against this trade now: funding costs −$15 a day on $10k at the current rate, and Kraken Futures is 0.122% cheaper against BingX than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of −0.010%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.738%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX KAITO-USDT | 0.3518 | 0.0100 | pay 0.0050% / 4h | 3h 49m | — | $6.8M | — |
| Short | Kraken Futures PF_KAITOUSD | 0.3513 | −0.0414 | pay 0.0052% / 1h | 49m 02s | $247K | $164K | 10x |
BingX KAITO-USDT
Kraken Futures PF_KAITOUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against BingX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$107.95
- Price spread: −0.132% → −0.010%
- −$12.17
- Slippage, 4 orders
- −$1,402.18
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$1,542.31
- Costs to cover
- 14.222%
- Break-even
- never at this rate
Slippage from BingX: live order book, 4 min ago; Kraken Futures: live order book, 48 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 BingX live order book, 4 min ago | 2.85 bp | 12.1 bp −$12 | 25.9 bp −$259 | 207.8 bp −$20.8K | 681.6 bp −$340.8K |
| Sell Kraken Futures live order book, 48 min ago | 4.24 bp | 73.1 bp −$73 | 187.2 bp −$1,872 | doesn't fit | doesn't fit |
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_KAITOUSDshort | −0.0414% | 1h | 0.3513 | −0.132% | $247K | $164K | 10x | |
| Backpack KAITO_USDC_PERP | −0.0199% | 1h | 0.3518 | −0.011% | $17K | $195K | 10x | as long as short |
| Reya KAITORUSDPERP | 0.0000% | 1h | 0.3370 | −4.198% | — | — | — | as long as short |
| Injective KAITO/USDC PERP | +0.0020% | 1h | 0.3535 | +0.483% | $7K | $52K | 12x | as long as short |
| BloFin KAITO-USDT | +0.0042% | 4h | 0.3519 | +0.028% | $555K | $68K | 75x | as long as short |
| Aster KAITOUSDT | +0.0100% | 4h | 0.3520 | +0.066% | $116K | $63K | 10x | as long as short |
| Pacifica KAITO | +0.0100% | 1h | 0.3517 | −0.025% | $19K | $15K | 5x | as long as short |
| Binance KAITOUSDT | +0.0100% | 4h | 0.3516 | −0.053% | $10.7M | $17.8M | 75x | as long as short |
| Bybit KAITOUSDT | +0.0100% | 4h | 0.3518 | 0.000% | $4.6M | $8.6M | 75x | as long as short |
| OKX KAITO-USDT-SWAP | +0.0100% | 4h | 0.3514 | −0.114% | $4.3M | $11.6M | 50x | as long as short |
Backpack KAITO_USDC_PERP
Reya KAITORUSDPERP
Injective KAITO/USDC PERP
BloFin KAITO-USDT
Aster KAITOUSDT
Pacifica KAITO
Binance KAITOUSDT
Bybit KAITOUSDT
OKX KAITO-USDT-SWAPShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate KAITO_USDT | +0.0100% | 4h | 0.3518 | 0.000% | $665K | $1.7M | 75x | as long as short |
| MEXC KAITO_USDT | +0.0100% | 4h | 0.3516 | −0.057% | $3.5M | $1.2M | 50x | as long as short |
| KuCoin KAITOUSDTM | +0.0100% | 4h | 0.3517 | −0.028% | $1.4M | $169K | 30x | as long as short |
| Bitget KAITOUSDT | +0.0100% | 4h | 0.3520 | +0.057% | $4.4M | $3.6M | 75x | as long as short |
| BingX KAITO-USDTlong | +0.0100% | 4h | 0.3518 | long leg | — | $6.8M | — | |
| Variational Omni KAITO | +0.0100% | 4h | 0.3522 | +0.111% | $44K | $211K | — | as long as short |
| GRVT KAITO_USDT_Perp | +0.0100% | 4h | 0.3513 | −0.137% | $249K | $2.3M | 10x | as long as short |
| ApeX Omni KAITOUSDT | +0.0100% | 1h | 0.3512 | −0.171% | $29K | $259K | 50x | as long as short |
| Polymarket Perps KAITO-USD | +0.0100% | 1h | 0.3517 | −0.028% | $18K | $5.1M | 5x | as long as short |
| Orderly PERP_KAITO_USDC_mythos | +0.0100% | 4h | 0.3517 | −0.040% | $3K | $2K | 10x | as long as short |
| Extended KAITO-USD | +0.0104% | 1h | 0.3517 | −0.018% | $80K | $63K | 10x | as long as short |
| Aevo KAITO-PERP | +0.0104% | 1h | 0.3517 | −0.028% | $244K | — | 3x | as long as short |
| Paradex KAITO-USD-PERP | +0.0106% | 8h | 0.3517 | −0.017% | $4K | $604 | 10x | as long as short |
| edgeX KAITOUSDC | +0.0118% | 4h | 0.3511 | −0.187% | $17K | $327K | 5x | as long as short |
| Hyperliquid KAITO | +0.0432% | 1h | 0.3522 | +0.101% | $2.1M | $914K | 5x | as long as short |
| Lighter KAITO | +0.1072% | 1h | 0.3531 | +0.372% | $87K | $98K | 5x | as long as short |
| 01 Exchange KAITOUSD | +0.6296% | 1h | 0.3359 | −4.508% | $6K | $608 | 3x | as long as short |
Gate KAITO_USDT
MEXC KAITO_USDT
KuCoin KAITOUSDTM
Bitget KAITOUSDT
Variational Omni KAITO
GRVT KAITO_USDT_Perp
ApeX Omni KAITOUSDT
Polymarket Perps KAITO-USD
Orderly PERP_KAITO_USDC_mythos
Extended KAITO-USD
Aevo KAITO-PERP
Paradex KAITO-USD-PERP
edgeX KAITOUSDC
Hyperliquid KAITO
Lighter KAITO
01 Exchange KAITOUSD