KAITO

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0200%/8h= −21.9% APRnext payment −$0.25 per $10,000 · paid last 24h +0.286%

Price spread now: Kraken Futures against Injective−0.202%63s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Injective Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 7 days−0.108%−$11 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Kraken Futures is 0.202% cheaper against Injective than usual: you would sell low and buy high (−$20 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 63 seconds apart, so part of this spread may be the market moving, not a spread.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.108% in total (about -5.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.25 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective KAITO/USDC PERP	0.3458	−0.0057	get 0.0007% / 1h	11m 42s	$7K	$52K	12x
Short	Kraken Futures PF_KAITOUSD	0.3451	−0.0257	pay 0.0032% / 1h	11m 42s	$236K	$159K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against Injective. 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 InjectivebpFee Kraken FuturesbpOrdersPrice spread, now −0.202%Rate

Funding earned: −$41.92
Price spread: −0.202% → 0.000%: −$20.22
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$72.16
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: Injective: no order-book sample; Kraken Futures: live order book, 11 min ago. Net counts fees only.

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 Kraken Futures live order book, 11 min ago	5.77 bp	55.3 bp −$55	164.1 bp −$1,641	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 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	−0.0257%	1h	0.3451	−0.202%	$236K	$159K	10x
Injective KAITO/USDC PERPlong	−0.0057%	1h	0.3458	long leg	$7K	$52K	12x
Reya KAITORUSDPERP	0.0000%	1h	0.3370	−2.537%	—	—	—	as long as short
BloFin KAITO-USDT	+0.0077%	4h	0.3445	−0.376%	$540K	$59K	75x	as long as short
Aster KAITOUSDT	+0.0100%	4h	0.3445	−0.362%	$115K	$34K	10x	as long as short
Pacifica KAITO	+0.0100%	1h	0.3446	−0.335%	$17K	$12K	5x	as long as short
Binance KAITOUSDT	+0.0100%	4h	0.3445	−0.378%	$10.4M	$15.7M	75x	as long as short
Bybit KAITOUSDT	+0.0100%	4h	0.3447	−0.318%	$4.3M	$6.6M	75x	as long as short
OKX KAITO-USDT-SWAP	+0.0100%	4h	0.3443	−0.434%	$4.1M	$10.0M	50x	as long as short
Gate KAITO_USDT	+0.0100%	4h	0.3445	−0.376%	$669K	$1.7M	75x	as long as short

Show all 27 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC KAITO_USDT	+0.0100%	4h	0.3444	−0.405%	$3.3M	$1.1M	50x	as long as short
KuCoin KAITOUSDTM	+0.0100%	4h	0.3446	−0.347%	$1.4M	$175K	30x	as long as short
Bitget KAITOUSDT	+0.0100%	4h	0.3449	−0.260%	$4.2M	$2.9M	75x	as long as short
BingX KAITO-USDC	+0.0100%	4h	0.3444	−0.405%	—	$6.5M	—	as long as short
Backpack KAITO_USDC_PERP	+0.0100%	1h	0.3445	−0.382%	$18K	$168K	10x	as long as short
Variational Omni KAITO	+0.0100%	4h	0.3452	−0.164%	$43K	$236K	—	as long as short
GRVT KAITO_USDT_Perp	+0.0100%	4h	0.3455	−0.087%	$231K	$3.2M	10x	as long as short
ApeX Omni KAITOUSDT	+0.0100%	1h	0.3448	−0.289%	$29K	$256K	50x	as long as short
Polymarket Perps KAITO-USD	+0.0100%	1h	0.3447	−0.315%	$13K	$4.0M	5x	as long as short
Orderly PERP_KAITO_USDC_mythos	+0.0100%	4h	0.3445	−0.373%	$3K	$2K	10x	as long as short
edgeX KAITOUSDC	+0.0102%	4h	0.3449	−0.262%	$17K	$322K	5x	as long as short
Paradex KAITO-USD-PERP	+0.0102%	8h	0.3445	−0.370%	$4K	$604	10x	as long as short
Extended KAITO-USD	+0.0104%	1h	0.3446	−0.357%	$62K	$41K	10x	as long as short
Aevo KAITO-PERP	+0.0104%	1h	0.3446	−0.352%	$239K	$1K	3x	as long as short
01 Exchange KAITOUSD	+0.0200%	1h	0.3444	−0.390%	$6K	$2K	3x	as long as short
Hyperliquid KAITO	+0.0647%	1h	0.3451	−0.195%	$2.0M	$745K	5x	as long as short
Lighter KAITO	+0.1144%	1h	0.3459	+0.040%	$83K	$82K	5x	as long as short