Funding arb · Price arb /

KAITO

all KAITO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0070%/8h= +7.7% APRpaid last 24h −0.217%

Price spread now: MEXC against Kraken Futures+0.010%7-day average −0.027% · you sell dearer than you buy

Net, funding: paid 7d − costs−$241as in the Funding arb table

Net, price: spread back to 7d avg − costs−$161as in the Price arb table

costs, in and out, $10k−$1641.643% of the position

Long on Kraken Futures Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.767%−$77 on $10k

Price spread, last 4 days (all we have)−0.080%−$8 · spread now +0.010%, 7d avg −0.027%

Together, before fees−0.847%−$85 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and MEXC is 0.037% dearer against Kraken Futures than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.027%. Mind the row above: over the last 7 days funding on this pair cost −0.767%, 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	0.3511	0.0030	pay 0.0004% / 1h	24m 22s	$247K	$156K	10x
Short	MEXC KAITO_USDT	0.3511	0.0100	get 0.0050% / 4h	3h 24m	$3.2M	$1.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now +0.010%Rate

Funding earned: $14.68
Price spread: +0.010% → −0.027%: $3.68
Slippage, 4 orders: −$154.25
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee MEXC: 0 bp × 2 orders: $0
Net: −$145.88
Costs to cover: 1.643%
Break-even: 76.6 days

Slippage from Kraken Futures: live order book, 28 min ago; MEXC: 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, 28 min ago	5.65 bp	73.8 bp −$74	12267.7 bp −$122.7K	doesn't fit	doesn't fit
Sell MEXC live order book, 3 min ago	1.42 bp	3.9 bp −$4	6.7 bp −$67	69.4 bp −$6,945	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	−0.0384%	1h	0.3513	+0.073%	$20K	$178K	10x	as long as short
Reya KAITORUSDPERP	0.0000%	1h	0.3370	−3.997%	—	—	—	as long as short
Injective KAITO/USDC PERP	+0.0009%	1h	0.3544	+0.950%	$7K	$52K	12x	as long as short
Kraken Futures PF_KAITOUSDlong	+0.0030%	1h	0.3511	long leg	$247K	$156K	10x
Aster KAITOUSDT	+0.0100%	4h	0.3512	+0.032%	$119K	$50K	10x	as long as short
Pacifica KAITO	+0.0100%	1h	0.3513	+0.076%	$18K	$14K	5x	as long as short
Binance KAITOUSDT	+0.0100%	4h	0.3511	−0.004%	$10.7M	$16.8M	75x	as long as short
Bybit KAITOUSDT	+0.0100%	4h	0.3514	+0.096%	$4.4M	$7.7M	75x	as long as short
OKX KAITO-USDT-SWAP	+0.0100%	4h	0.3507	−0.104%	$4.3M	$10.7M	50x	as long as short
Gate KAITO_USDT	+0.0100%	4h	0.3511	+0.010%	$665K	$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_USDTshort	+0.0100%	4h	0.3511	+0.010%	$3.2M	$1.1M	50x
KuCoin KAITOUSDTM	+0.0100%	4h	0.3514	+0.096%	$1.4M	$167K	30x	as long as short
Bitget KAITOUSDT	+0.0100%	4h	0.3516	+0.153%	$4.4M	$3.4M	75x	as long as short
BingX KAITO-USDC	+0.0100%	4h	0.3512	+0.039%	—	$6.5M	—	as long as short
Variational Omni KAITO	+0.0100%	4h	0.3514	+0.106%	$44K	$211K	—	as long as short
GRVT KAITO_USDT_Perp	+0.0100%	4h	0.3527	+0.456%	$243K	$2.5M	10x	as long as short
ApeX Omni KAITOUSDT	+0.0100%	1h	0.3507	−0.104%	$29K	$260K	50x	as long as short
Polymarket Perps KAITO-USD	+0.0100%	1h	0.3513	+0.076%	$21K	$4.6M	5x	as long as short
Orderly PERP_KAITO_USDC_mythos	+0.0100%	4h	0.3510	−0.021%	$3K	$2K	10x	as long as short
Paradex KAITO-USD-PERP	+0.0101%	8h	0.3510	−0.010%	$4K	$604	10x	as long as short
Extended KAITO-USD	+0.0104%	1h	0.3511	+0.004%	$79K	$62K	10x	as long as short
Aevo KAITO-PERP	+0.0104%	1h	0.3510	−0.008%	$244K	—	3x	as long as short
edgeX KAITOUSDC	+0.0110%	4h	0.3508	−0.075%	$17K	$324K	5x	as long as short
BloFin KAITO-USDT	+0.0111%	4h	0.3512	+0.039%	$563K	$67K	75x	as long as short
Hyperliquid KAITO	+0.0670%	1h	0.3517	+0.192%	$2.1M	$828K	5x	as long as short
Lighter KAITO	+0.1248%	1h	0.3524	+0.392%	$87K	$101K	5x	as long as short
01 Exchange KAITOUSD	+0.5664%	1h	0.3600	+2.545%	$6K	$2K	3x	as long as short