Funding you earn now, next payment 07:00 UTC−0.0812%/8h= −88.9% APRnext payment −$1.01 per $10,000 · paid last 24h —
Price spread now: Reya against Kraken Futures−3.536%48s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$24 a day on $10k at the current rate, and Reya is 3.536% cheaper against Kraken Futures than usual: you would sell low and buy high (−$354 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_KAITOUSD | 0.3494 | 0.0812 | pay 0.0101% / 1h | 48m 26s | $245K | $156K | 10x |
| Short | Reya KAITORUSDPERP | 0.3370 | 0 | get 0.0000% / 1h | 48m 26s | — | — | — |
Kraken Futures PF_KAITOUSD
Reya KAITORUSDPERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Reya 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
- −$170.46
- Price spread: −3.536% → 0.000%
- −$353.62
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- −$540.09
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: live order book, 59 min ago; Reya: 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, 59 min ago | 4.26 bp | 87.4 bp −$87 | 12093.7 bp −$120.9K | doesn't fit | doesn't fit |
| Sell Reya no order-book sample | — | — | — | — | — |
Reya: 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 | |
|---|---|---|---|---|---|---|---|---|
| Reya KAITORUSDPERPshort | 0.0000% | 1h | 0.3370 | −3.536% | — | — | — | |
| Injective KAITO/USDC PERP | +0.0044% | 1h | 0.3517 | +0.660% | $7K | $52K | 12x | as long as short |
| Aster KAITOUSDT | +0.0100% | 4h | 0.3493 | −0.019% | $117K | $51K | 10x | as long as short |
| Pacifica KAITO | +0.0100% | 1h | 0.3494 | +0.008% | $18K | $14K | 5x | as long as short |
| Binance KAITOUSDT | +0.0100% | 4h | 0.3493 | −0.019% | $10.6M | $17.2M | 75x | as long as short |
| Bybit KAITOUSDT | +0.0100% | 4h | 0.3497 | +0.088% | $4.4M | $8.0M | 75x | as long as short |
| OKX KAITO-USDT-SWAP | +0.0100% | 4h | 0.3492 | −0.055% | $4.3M | $11.0M | 50x | as long as short |
| Gate KAITO_USDT | +0.0100% | 4h | 0.3493 | −0.027% | $657K | $1.7M | 75x | as long as short |
| MEXC KAITO_USDT | +0.0100% | 4h | 0.3492 | −0.055% | $3.0M | $1.1M | 50x | as long as short |
| KuCoin KAITOUSDTM | +0.0100% | 4h | 0.3496 | +0.059% | $1.4M | $162K | 30x | as long as short |
Injective KAITO/USDC PERP
Aster KAITOUSDT
Pacifica KAITO
Binance KAITOUSDT
Bybit KAITOUSDT
OKX KAITO-USDT-SWAP
Gate KAITO_USDT
MEXC KAITO_USDT
KuCoin KAITOUSDTMShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget KAITOUSDT | +0.0100% | 4h | 0.3498 | +0.116% | $4.4M | $3.5M | 75x | as long as short |
| BingX KAITO-USDT | +0.0100% | 4h | 0.3495 | +0.031% | — | $6.7M | — | as long as short |
| Backpack KAITO_USDC_PERP | +0.0100% | 1h | 0.3496 | +0.056% | $19K | $186K | 10x | as long as short |
| Variational Omni KAITO | +0.0100% | 4h | 0.3501 | +0.214% | $44K | $211K | — | as long as short |
| GRVT KAITO_USDT_Perp | +0.0100% | 4h | 0.3496 | +0.062% | $238K | $2.5M | 10x | as long as short |
| ApeX Omni KAITOUSDT | +0.0100% | 1h | 0.3495 | +0.031% | $29K | $260K | 50x | as long as short |
| Polymarket Perps KAITO-USD | +0.0100% | 1h | 0.3495 | +0.033% | $17K | $4.7M | 5x | as long as short |
| Orderly PERP_KAITO_USDC_mythos | +0.0100% | 4h | 0.3495 | +0.031% | $3K | $2K | 10x | as long as short |
| Extended KAITO-USD | +0.0104% | 1h | 0.3496 | +0.054% | $80K | $63K | 10x | as long as short |
| Aevo KAITO-PERP | +0.0104% | 1h | 0.3496 | +0.073% | $243K | — | 3x | as long as short |
| edgeX KAITOUSDC | +0.0104% | 4h | 0.3495 | +0.044% | $18K | $325K | 5x | as long as short |
| BloFin KAITO-USDT | +0.0112% | 4h | 0.3498 | +0.116% | $554K | $68K | 75x | as long as short |
| Paradex KAITO-USD-PERP | +0.0126% | 8h | 0.3493 | −0.023% | $4K | $604 | 10x | as long as short |
| Hyperliquid KAITO | +0.0693% | 1h | 0.3500 | +0.162% | $2.0M | $864K | 5x | as long as short |
| Kraken Futures PF_KAITOUSDlong | +0.0812% | 1h | 0.3494 | long leg | $245K | $156K | 10x | |
| Lighter KAITO | +0.1448% | 1h | 0.3508 | +0.411% | $86K | $101K | 5x | as long as short |
| 01 Exchange KAITOUSD | +0.8096% | 1h | 0.3580 | +2.472% | $6K | $988 | 3x | as long as short |
Bitget KAITOUSDT
BingX KAITO-USDT
Backpack KAITO_USDC_PERP
Variational Omni KAITO
GRVT KAITO_USDT_Perp
ApeX Omni KAITOUSDT
Polymarket Perps KAITO-USD
Orderly PERP_KAITO_USDC_mythos
Extended KAITO-USD
Aevo KAITO-PERP
edgeX KAITOUSDC
BloFin KAITO-USDT
Paradex KAITO-USD-PERP
Hyperliquid KAITO
Lighter KAITO
01 Exchange KAITOUSD