Funding you earn now, next payment 05:00 UTC+0.0070%/8h= +7.7% APRpaid last 24h −0.217%
Price spread now: BingX against Kraken Futures+0.088%7-day average +0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$251as in the Funding arb table
Net, price: spread back to 7d avg − costs−$171as in the Price arb table
costs, in and out, $10k−$1791.793% of the position
Funding, last 7 days−0.720%−$72 on $10k
+Price spread, last 4 days (all we have)−0.077%−$8 · spread now +0.088%, 7d avg +0.005%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and BingX is 0.083% dearer against Kraken Futures than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.005%. 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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_KAITOUSD | 0.3526 | 0.0030 | pay 0.0004% / 1h | 29m 32s | $247K | $156K | 10x |
| Short | BingX KAITO-USDT | 0.3529 | 0.0100 | get 0.0050% / 4h | 3h 29m | — | $6.7M | — |
Kraken Futures PF_KAITOUSD
BingX KAITO-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- $14.71
- Price spread: +0.088% → +0.005%
- $8.31
- Slippage, 4 orders
- −$159.28
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$156.26
- Costs to cover
- 1.793%
- Break-even
- 81.4 days
Slippage from Kraken Futures: live order book, 23 min ago; BingX: live order book, 8 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, 23 min ago | 5.65 bp | 73.8 bp −$74 | 12267.7 bp −$122.7K | doesn't fit | doesn't fit |
| Sell BingX live order book, 8 min ago | 2.83 bp | 12.8 bp −$13 | 17.8 bp −$178 | 153.9 bp −$15.4K | 638.5 bp −$319.3K |
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 | −0.0365% | 1h | 0.3527 | +0.023% | $20K | $178K | 10x | as long as short |
| Reya KAITORUSDPERP | 0.0000% | 1h | 0.3370 | −4.411% | — | — | — | as long as short |
| Injective KAITO/USDC PERP | +0.0009% | 1h | 0.3544 | +0.514% | $7K | $52K | 12x | as long as short |
| Kraken Futures PF_KAITOUSDlong | +0.0030% | 1h | 0.3526 | long leg | $247K | $156K | 10x | |
| Aster KAITOUSDT | +0.0100% | 4h | 0.3529 | +0.085% | $119K | $50K | 10x | as long as short |
| Pacifica KAITO | +0.0100% | 1h | 0.3527 | +0.035% | $18K | $14K | 5x | as long as short |
| Binance KAITOUSDT | +0.0100% | 4h | 0.3525 | −0.025% | $10.8M | $16.9M | 75x | as long as short |
| Bybit KAITOUSDT | +0.0100% | 4h | 0.3528 | +0.060% | $4.4M | $7.7M | 75x | as long as short |
| OKX KAITO-USDT-SWAP | +0.0100% | 4h | 0.3523 | −0.082% | $4.3M | $10.7M | 50x | as long as short |
| Gate KAITO_USDT | +0.0100% | 4h | 0.3526 | +0.003% | $668K | $1.7M | 75x | as long as short |
Backpack KAITO_USDC_PERP
Reya KAITORUSDPERP
Injective KAITO/USDC PERP
Aster KAITOUSDT
Pacifica KAITO
Binance KAITOUSDT
Bybit KAITOUSDT
OKX KAITO-USDT-SWAP
Gate KAITO_USDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC KAITO_USDT | +0.0100% | 4h | 0.3526 | +0.003% | $3.2M | $1.1M | 50x | as long as short |
| KuCoin KAITOUSDTM | +0.0100% | 4h | 0.3529 | +0.088% | $1.4M | $168K | 30x | as long as short |
| Bitget KAITOUSDT | +0.0100% | 4h | 0.3528 | +0.060% | $4.4M | $3.4M | 75x | as long as short |
| BingX KAITO-USDTshort | +0.0100% | 4h | 0.3529 | +0.088% | — | $6.7M | — | |
| Variational Omni KAITO | +0.0100% | 4h | 0.3535 | +0.255% | $44K | $211K | — | as long as short |
| GRVT KAITO_USDT_Perp | +0.0100% | 4h | 0.3534 | +0.232% | $244K | $2.5M | 10x | as long as short |
| ApeX Omni KAITOUSDT | +0.0100% | 1h | 0.3530 | +0.117% | $30K | $260K | 50x | as long as short |
| Polymarket Perps KAITO-USD | +0.0100% | 1h | 0.3525 | −0.011% | $19K | $4.5M | 5x | as long as short |
| Orderly PERP_KAITO_USDC_mythos | +0.0100% | 4h | 0.3528 | +0.071% | $3K | $2K | 10x | as long as short |
| Extended KAITO-USD | +0.0104% | 1h | 0.3525 | −0.025% | $79K | $62K | 10x | as long as short |
| Aevo KAITO-PERP | +0.0104% | 1h | 0.3529 | +0.088% | $245K | — | 3x | as long as short |
| edgeX KAITOUSDC | +0.0109% | 4h | 0.3531 | +0.132% | $17K | $326K | 5x | as long as short |
| Paradex KAITO-USD-PERP | +0.0112% | 8h | 0.3523 | −0.087% | $4K | $604 | 10x | as long as short |
| BloFin KAITO-USDT | +0.0128% | 4h | 0.3535 | +0.258% | $562K | $68K | 75x | as long as short |
| Hyperliquid KAITO | +0.0656% | 1h | 0.3530 | +0.105% | $2.1M | $825K | 5x | as long as short |
| Lighter KAITO | +0.1208% | 1h | 0.3538 | +0.352% | $88K | $101K | 5x | as long as short |
| 01 Exchange KAITOUSD | +0.5184% | 1h | 0.3600 | +2.102% | $6K | $2K | 3x | as long as short |
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
edgeX KAITOUSDC
Paradex KAITO-USD-PERP
BloFin KAITO-USDT
Hyperliquid KAITO
Lighter KAITO
01 Exchange KAITOUSD