Funding you earn now, next payment 09:00 UTC+0.0520%/8h= +56.9% APRpaid last 24h −0.171%
Price spread now: Paradex against Kraken Futures+0.038%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$16 a day on $10k at the current rate, and Paradex is 0.038% dearer against Kraken Futures than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_KAITOUSD | 0.3512 | −0.0414 | get 0.0052% / 1h | 43m 23s | $247K | $165K | 10x |
| Short | Paradex KAITO-USD-PERP | 0.3514 | 0.0105 | get 0.0105% / 8h | 7h 43m | $4K | $604 | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex 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
- $109.11
- Price spread: +0.038% → 0.000%
- $3.79
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- $98.9
- Costs to cover
- 0.140%
- Break-even
- 0.7 days
Slippage unknown: Kraken Futures: live order book, 54 min ago; Paradex: 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, 54 min ago | 4.24 bp | 1325.2 bp −$1,325 | 14216.5 bp −$142.2K | doesn't fit | doesn't fit |
| Sell Paradex no order-book sample | — | — | — | — | — |
Paradex: 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 | −0.0414% | 1h | 0.3512 | long leg | $247K | $165K | 10x | |
| Backpack KAITO_USDC_PERP | −0.0189% | 1h | 0.3514 | +0.044% | $19K | $196K | 10x | as long as short |
| Reya KAITORUSDPERP | 0.0000% | 1h | 0.3370 | −4.040% | — | — | — | as long as short |
| Injective KAITO/USDC PERP | +0.0020% | 1h | 0.3535 | +0.648% | $7K | $52K | 12x | as long as short |
| BloFin KAITO-USDT | +0.0098% | 4h | 0.3513 | +0.021% | $554K | $68K | 75x | as long as short |
| Aster KAITOUSDT | +0.0100% | 4h | 0.3517 | +0.124% | $116K | $63K | 10x | as long as short |
| Pacifica KAITO | +0.0100% | 1h | 0.3514 | +0.049% | $19K | $15K | 5x | as long as short |
| Binance KAITOUSDT | +0.0100% | 4h | 0.3514 | +0.050% | $10.7M | $17.8M | 75x | as long as short |
| Bybit KAITOUSDT | +0.0100% | 4h | 0.3514 | +0.050% | $4.6M | $8.6M | 75x | as long as short |
| OKX KAITO-USDT-SWAP | +0.0100% | 4h | 0.3512 | −0.007% | $4.3M | $11.6M | 50x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate KAITO_USDT | +0.0100% | 4h | 0.3515 | +0.078% | $664K | $1.7M | 75x | as long as short |
| MEXC KAITO_USDT | +0.0100% | 4h | 0.3512 | −0.007% | $3.5M | $1.2M | 50x | as long as short |
| KuCoin KAITOUSDTM | +0.0100% | 4h | 0.3514 | +0.050% | $1.4M | $169K | 30x | as long as short |
| Bitget KAITOUSDT | +0.0100% | 4h | 0.3517 | +0.135% | $4.4M | $3.6M | 75x | as long as short |
| BingX KAITO-USDT | +0.0100% | 4h | 0.3513 | +0.021% | — | $6.8M | — | as long as short |
| Variational Omni KAITO | +0.0100% | 4h | 0.3519 | +0.190% | $44K | $211K | — | as long as short |
| GRVT KAITO_USDT_Perp | +0.0100% | 4h | 0.3516 | +0.093% | $250K | $2.3M | 10x | as long as short |
| ApeX Omni KAITOUSDT | +0.0100% | 1h | 0.3515 | +0.078% | $29K | $259K | 50x | as long as short |
| Polymarket Perps KAITO-USD | +0.0100% | 1h | 0.3513 | +0.007% | $18K | $5.1M | 5x | as long as short |
| Orderly PERP_KAITO_USDC_mythos | +0.0100% | 4h | 0.3517 | +0.141% | $3K | $2K | 10x | as long as short |
| Extended KAITO-USD | +0.0104% | 1h | 0.3515 | +0.066% | $80K | $63K | 10x | as long as short |
| Aevo KAITO-PERP | +0.0104% | 1h | 0.3515 | +0.091% | $244K | — | 3x | as long as short |
| Paradex KAITO-USD-PERPshort | +0.0105% | 8h | 0.3514 | +0.038% | $4K | $604 | 10x | |
| edgeX KAITOUSDC | +0.0119% | 4h | 0.3515 | +0.065% | $17K | $329K | 5x | as long as short |
| Hyperliquid KAITO | +0.0366% | 1h | 0.3517 | +0.135% | $2.1M | $920K | 5x | as long as short |
| Lighter KAITO | +0.0944% | 1h | 0.3530 | +0.502% | $87K | $98K | 5x | as long as short |
| 01 Exchange KAITOUSD | +0.3192% | 1h | 0.3585 | +2.077% | $6K | $608 | 3x | as long as short |
Kraken Futures PF_KAITOUSD
Paradex KAITO-USD-PERP
Backpack KAITO_USDC_PERP
Injective KAITO/USDC PERP
BloFin KAITO-USDT
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
Extended KAITO-USD
edgeX KAITOUSDC
Hyperliquid KAITO
Lighter KAITO
01 Exchange KAITOUSD