Funding you earn now, next payment 09:00 UTC+0.0436%/8h= +47.7% APRnext payment +$0.54 per $10,000 · paid last 24h −0.329%
Price spread now: Injective against Kraken Futures+0.971%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.147%+$15 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$13 a day on $10k at the current rate, and Injective is 0.971% dearer against Kraken Futures than usual: you sell high and buy low: +$97 more if the spread goes back to zero (this spread has no 7-day history yet).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.147% in total (about 7.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.54 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 | Kraken Futures PF_KAITOUSD | 0.3501 | −0.0416 | get 0.0052% / 1h | 0m 41s | $247K | $164K | 10x |
| Short | Injective KAITO/USDC PERP | 0.3535 | 0.0020 | get 0.0003% / 1h | 0m 41s | $7K | $52K | 12x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- $91.52
- Price spread: +0.971% → 0.000%
- $97.06
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $178.56
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Kraken Futures: live order book, 32 min ago; Injective: no order-book sample. 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 Kraken Futures live order book, 32 min ago | 4.30 bp | 7406.2 bp −$7,406 | 16458.4 bp −$164.6K | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
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_KAITOUSDlong | −0.0416% | 1h | 0.3501 | long leg | $247K | $164K | 10x | |
| Backpack KAITO_USDC_PERP | −0.0029% | 1h | 0.3502 | +0.014% | $17K | $199K | 10x | as long as short |
| Reya KAITORUSDPERP | 0.0000% | 1h | 0.3370 | −3.733% | — | — | — | as long as short |
| Injective KAITO/USDC PERPshort | +0.0020% | 1h | 0.3535 | +0.971% | $7K | $52K | 12x | |
| Aster KAITOUSDT | +0.0100% | 4h | 0.3504 | +0.080% | $115K | $63K | 10x | as long as short |
| Pacifica KAITO | +0.0100% | 1h | 0.3503 | +0.065% | $19K | $15K | 5x | as long as short |
| Binance KAITOUSDT | +0.0100% | 4h | 0.3501 | −0.001% | $10.7M | $17.9M | 75x | as long as short |
| Bybit KAITOUSDT | +0.0100% | 4h | 0.3501 | −0.001% | $4.5M | $8.9M | 75x | as long as short |
| OKX KAITO-USDT-SWAP | +0.0100% | 4h | 0.3498 | −0.086% | $4.3M | $11.6M | 50x | as long as short |
| Gate KAITO_USDT | +0.0100% | 4h | 0.3503 | +0.057% | $653K | $1.8M | 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 | 0.3502 | +0.028% | $3.5M | $1.3M | 50x | as long as short |
| KuCoin KAITOUSDTM | +0.0100% | 4h | 0.3505 | +0.114% | $1.4M | $171K | 30x | as long as short |
| Bitget KAITOUSDT | +0.0100% | 4h | 0.3505 | +0.114% | $4.5M | $3.7M | 75x | as long as short |
| BingX KAITO-USDT | +0.0100% | 4h | 0.3503 | +0.057% | — | $6.8M | — | as long as short |
| Variational Omni KAITO | +0.0100% | 4h | 0.3502 | +0.024% | $45K | $211K | — | as long as short |
| GRVT KAITO_USDT_Perp | +0.0100% | 4h | 0.3506 | +0.145% | $244K | $2.3M | 10x | as long as short |
| ApeX Omni KAITOUSDT | +0.0100% | 1h | 0.3506 | +0.142% | $29K | $258K | 50x | as long as short |
| Polymarket Perps KAITO-USD | +0.0100% | 1h | 0.3502 | +0.014% | $18K | $5.0M | 5x | as long as short |
| Orderly PERP_KAITO_USDC_mythos | +0.0100% | 4h | 0.3503 | +0.068% | $3K | $2K | 10x | as long as short |
| Paradex KAITO-USD-PERP | +0.0103% | 8h | 0.3501 | +0.010% | $4K | $604 | 10x | as long as short |
| Extended KAITO-USD | +0.0104% | 1h | 0.3501 | −0.014% | $80K | $63K | 10x | as long as short |
| Aevo KAITO-PERP | +0.0104% | 1h | 0.3502 | +0.038% | $243K | — | 3x | as long as short |
| edgeX KAITOUSDC | +0.0108% | 4h | 0.3506 | +0.135% | $17K | $328K | 5x | as long as short |
| BloFin KAITO-USDT | +0.0123% | 4h | 0.3501 | −0.001% | $550K | $67K | 75x | as long as short |
| Hyperliquid KAITO | +0.0199% | 1h | 0.3507 | +0.157% | $2.0M | $916K | 5x | as long as short |
| Lighter KAITO | +0.0928% | 1h | 0.3518 | +0.499% | $86K | $102K | 5x | as long as short |
| 01 Exchange KAITOUSD | +0.4672% | 1h | 0.3580 | +2.259% | $6K | $609 | 3x | as long as short |
Kraken Futures PF_KAITOUSD
Injective KAITO/USDC PERP
Backpack 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-USDT
Variational Omni KAITO
GRVT KAITO_USDT_Perp
ApeX Omni KAITOUSDT
Polymarket Perps KAITO-USD
Paradex KAITO-USD-PERP
Extended KAITO-USD
edgeX KAITOUSDC
BloFin KAITO-USDT
Hyperliquid KAITO
Lighter KAITO
01 Exchange KAITOUSD