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: OKX against Kraken Futures−0.025%7-day average −0.024% · you buy dearer than you sell

Net, funding: paid 7d − costs−$264as in the Funding arb table

Net, price: spread back to 7d avg − costs−$181as in the Price arb table

costs, in and out, $10k−$1811.806% of the position

Long on Kraken Futures Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.830%−$83 on $10k

Price spread, last 4 days (all we have)+0.046%+$5 · spread now −0.025%, 7d avg −0.024%

Together, before fees−0.785%−$78 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.024%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.830%, 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	0.3539	0.0030	pay 0.0004% / 1h	48m 17s	$248K	$156K	10x
Short	OKX KAITO-USDT-SWAP	0.3538	0.0100	get 0.0050% / 4h	3h 48m	$4.4M	$10.7M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now −0.025%Rate

Funding earned: $14.73
Price spread: −0.025% → −0.024%: −$0.05
Slippage, 4 orders: −$160.6
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee OKX: 5 bp × 2 orders: −$10
Net: −$165.92
Costs to cover: 1.806%
Break-even: 85.8 days

Slippage from Kraken Futures: live order book, 4 min ago; OKX: live order book, 5 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 OKX live order book, 5 min ago	1.41 bp	15.2 bp −$15	44.0 bp −$440	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-SWAPshort	+0.0100%	4h	0.3538	−0.025%	$4.4M	$10.7M	50x
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 KAITOUSDT	+0.0100%	1h	0.3539	+0.003%	$28K	$258K	50x	as long as short
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