Funding arb · Price arb /

KAITO

all KAITO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0713%/8h= −78.1% APRpaid last 24h −0.181%

Price spread now: Gate against Kraken Futures−0.073%7-day average +0.020% · you buy dearer than you sell

Net, funding: paid 7d − costs−$270as in the Funding arb table

Net, price: spread back to 7d avg − costs−$204as in the Price arb table

costs, in and out, $10k−$1941.944% of the position

Long on Kraken Futures Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.757%−$76 on $10k

Price spread, last 4 days (all we have)+0.098%+$10 · spread now −0.073%, 7d avg +0.020%

Together, before fees−0.659%−$66 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$21 a day on $10k at the current rate, and Gate is 0.093% cheaper against Kraken Futures than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of +0.020%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_KAITOUSD	0.3488	0.0813	pay 0.0102% / 1h	33m 08s	$245K	$156K	10x
Short	Gate KAITO_USDT	0.3485	0.0100	get 0.0050% / 4h	1h 33m	$656K	$1.7M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 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 Kraken FuturesbpFee GatebpOrdersPrice spread, now −0.073%Rate

Funding earned: −$149.78
Price spread: −0.073% → +0.020%: −$9.3
Slippage, 4 orders: −$169.43
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$353.5
Costs to cover: 1.944%
Break-even: never at this rate

Slippage from Kraken Futures: live order book, 9 min ago; Gate: live order book, 4 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, 9 min ago	8.58 bp	97.3 bp −$97	11830.2 bp −$118.3K	doesn't fit	doesn't fit
Sell Gate live order book, 4 min ago	1.43 bp	22.3 bp −$22	69.3 bp −$693	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
Reya KAITORUSDPERP	0.0000%	1h	0.3370	−3.363%	—	—	—	as long as short
Injective KAITO/USDC PERP	+0.0044%	1h	0.3495	+0.213%	$7K	$52K	12x	as long as short
Aster KAITOUSDT	+0.0100%	4h	0.3485	−0.087%	$117K	$51K	10x	as long as short
Pacifica KAITO	+0.0100%	1h	0.3485	−0.079%	$18K	$14K	5x	as long as short
Binance KAITOUSDT	+0.0100%	4h	0.3487	−0.018%	$10.6M	$17.3M	75x	as long as short
Bybit KAITOUSDT	+0.0100%	4h	0.3488	+0.013%	$4.4M	$8.0M	75x	as long as short
OKX KAITO-USDT-SWAP	+0.0100%	4h	0.3484	−0.102%	$4.2M	$11.0M	50x	as long as short
Gate KAITO_USDTshort	+0.0100%	4h	0.3485	−0.073%	$656K	$1.7M	75x
MEXC KAITO_USDT	+0.0100%	4h	0.3486	−0.045%	$3.0M	$1.2M	50x	as long as short
KuCoin KAITOUSDTM	+0.0100%	4h	0.3487	−0.016%	$1.4M	$164K	30x	as long as short

Show all 27 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget KAITOUSDT	+0.0100%	4h	0.3485	−0.073%	$4.4M	$3.5M	75x	as long as short
BingX KAITO-USDC	+0.0100%	4h	0.3485	−0.073%	—	$6.5M	—	as long as short
Backpack KAITO_USDC_PERP	+0.0100%	1h	0.3486	−0.059%	$20K	$188K	10x	as long as short
Variational Omni KAITO	+0.0100%	4h	0.3491	+0.095%	$44K	$211K	—	as long as short
GRVT KAITO_USDT_Perp	+0.0100%	4h	0.3492	+0.127%	$238K	$2.5M	10x	as long as short
ApeX Omni KAITOUSDT	+0.0100%	1h	0.3493	+0.156%	$29K	$259K	50x	as long as short
Polymarket Perps KAITO-USD	+0.0100%	1h	0.3488	−0.002%	$14K	$4.7M	5x	as long as short
Orderly PERP_KAITO_USDC_mythos	+0.0100%	4h	0.3485	−0.082%	$3K	$2K	10x	as long as short
Extended KAITO-USD	+0.0104%	1h	0.3486	−0.054%	$80K	$63K	10x	as long as short
Aevo KAITO-PERP	+0.0104%	1h	0.3486	−0.045%	$242K	—	3x	as long as short
edgeX KAITOUSDC	+0.0117%	4h	0.3492	+0.129%	$17K	$326K	5x	as long as short
Paradex KAITO-USD-PERP	+0.0120%	8h	0.3487	−0.012%	$4K	$604	10x	as long as short
BloFin KAITO-USDT	+0.0143%	4h	0.3486	−0.045%	$550K	$66K	75x	as long as short
Hyperliquid KAITO	+0.0699%	1h	0.3490	+0.076%	$2.0M	$866K	5x	as long as short
Kraken Futures PF_KAITOUSDlong	+0.0813%	1h	0.3488	long leg	$245K	$156K	10x
Lighter KAITO	+0.1480%	1h	0.3502	+0.403%	$86K	$102K	5x	as long as short
01 Exchange KAITOUSD	+0.8336%	1h	0.3576	+2.542%	$6K	$988	3x	as long as short