Funding you earn now, next payment 05:00 UTC+0.0070%/8h= +7.7% APRnext payment +$0.09 per $10,000 · paid last 24h −0.217%
Price spread now: ApeX Omni against Kraken Futures+0.003%75s7-day average −0.043% · you sell dearer than you buy
Net, funding: paid 7d − costs−$631as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$5595.591% of the position
Funding, last 7 days−0.720%−$72 on $10k
+Price spread, last 4 days (all we have)−0.184%−$18 · spread now +0.003%, 7d avg −0.043%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and ApeX Omni is 0.046% dearer against Kraken Futures than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.043%. Mind the row above: over the last 7 days funding on this pair cost −0.720%, so the current rate has only just turned in your favour. The two prices were read 75 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_KAITOUSD | 0.3539 | 0.0030 | pay 0.0004% / 1h | 48m 18s | $248K | $156K | 10x |
| Short | ApeX Omni KAITOUSDT | 0.3539 | 0.0100 | get 0.0013% / 1h | 48m 18s | $28K | $258K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Kraken Futures. 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
- $14.73
- Price spread: +0.003% → −0.043%
- $4.59
- Slippage, 4 orders
- −$539.1
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$539.78
- Costs to cover
- 5.591%
- Break-even
- 263.5 days
Slippage from Kraken Futures: live order book, 4 min ago; ApeX Omni: live order book, 3 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 Kraken Futures live order book, 4 min ago | 5.65 bp | 73.8 bp −$74 | 12267.7 bp −$122.7K | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 3 min ago | 7.07 bp | 239.3 bp −$239 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Backpack KAITO_USDC_PERP | −0.0343% | 1h | 0.3535 | −0.098% | $19K | $177K | 10x | as long as short |
| Reya KAITORUSDPERP | 0.0000% | 1h | 0.3370 | −4.761% | — | — | — | as long as short |
| Injective KAITO/USDC PERP | +0.0009% | 1h | 0.3531 | −0.223% | $7K | $52K | 12x | as long as short |
| Kraken Futures PF_KAITOUSDlong | +0.0030% | 1h | 0.3539 | long leg | $248K | $156K | 10x | |
| Aster KAITOUSDT | +0.0100% | 4h | 0.3538 | −0.025% | $120K | $51K | 10x | as long as short |
| Pacifica KAITO | +0.0100% | 1h | 0.3539 | +0.001% | $18K | $14K | 5x | as long as short |
| Binance KAITOUSDT | +0.0100% | 4h | 0.3540 | +0.023% | $10.8M | $16.8M | 75x | as long as short |
| Bybit KAITOUSDT | +0.0100% | 4h | 0.3541 | +0.060% | $4.4M | $7.7M | 75x | as long as short |
| OKX KAITO-USDT-SWAP | +0.0100% | 4h | 0.3538 | −0.025% | $4.4M | $10.7M | 50x | as long as short |
| Gate KAITO_USDT | +0.0100% | 4h | 0.3540 | +0.032% | $674K | $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 | 0.3540 | +0.032% | $3.2M | $1.1M | 50x | as long as short |
| KuCoin KAITOUSDTM | +0.0100% | 4h | 0.3542 | +0.088% | $1.4M | $167K | 30x | as long as short |
| Bitget KAITOUSDT | +0.0100% | 4h | 0.3541 | +0.060% | $4.5M | $3.4M | 75x | as long as short |
| BingX KAITO-USDC | +0.0100% | 4h | 0.3540 | +0.032% | — | $6.5M | — | as long as short |
| Variational Omni KAITO | +0.0100% | 4h | 0.3543 | +0.127% | $44K | $211K | — | as long as short |
| GRVT KAITO_USDT_Perp | +0.0100% | 4h | 0.3543 | +0.116% | $244K | $2.6M | 10x | as long as short |
| ApeX Omni KAITOUSDTshort | +0.0100% | 1h | 0.3539 | +0.003% | $28K | $258K | 50x | |
| Polymarket Perps KAITO-USD | +0.0100% | 1h | 0.3541 | +0.066% | $17K | $4.4M | 5x | as long as short |
| Orderly PERP_KAITO_USDC_mythos | +0.0100% | 4h | 0.3540 | +0.029% | $3K | $2K | 10x | as long as short |
| Extended KAITO-USD | +0.0104% | 1h | 0.3540 | +0.018% | $79K | $62K | 10x | as long as short |
| Aevo KAITO-PERP | +0.0104% | 1h | 0.3539 | +0.018% | $246K | — | 3x | as long as short |
| BloFin KAITO-USDT | +0.0107% | 4h | 0.3535 | −0.110% | $554K | $68K | 75x | as long as short |
| edgeX KAITOUSDC | +0.0114% | 4h | 0.3538 | −0.016% | $17K | $324K | 5x | as long as short |
| Paradex KAITO-USD-PERP | +0.0116% | 8h | 0.3540 | +0.038% | $4K | $604 | 10x | as long as short |
| Hyperliquid KAITO | +0.0664% | 1h | 0.3545 | +0.162% | $2.1M | $818K | 5x | as long as short |
| 01 Exchange KAITOUSD | +0.0856% | 1h | 0.3600 | +1.727% | $6K | $2K | 3x | as long as short |
| Lighter KAITO | +0.1112% | 1h | 0.3549 | +0.297% | $87K | $92K | 5x | as long as short |
Kraken Futures PF_KAITOUSD
ApeX Omni KAITOUSDT
Backpack KAITO_USDC_PERP
Injective KAITO/USDC PERP
Aster KAITOUSDT
Pacifica KAITO
Binance KAITOUSDT
Bybit KAITOUSDT
OKX KAITO-USDT-SWAP
Gate KAITO_USDT
MEXC KAITO_USDT
KuCoin KAITOUSDTM
Bitget KAITOUSDT
BingX KAITO-USDC
Variational Omni KAITO
GRVT KAITO_USDT_Perp
Polymarket Perps KAITO-USD
Extended KAITO-USD
BloFin KAITO-USDT
edgeX KAITOUSDC
Paradex KAITO-USD-PERP
Hyperliquid KAITO
01 Exchange KAITOUSD
Lighter KAITO