Funding you earn now, next payment 03:00 UTC−0.0773%/8h= −84.6% APRnext payment −$0.97 per $10,000 · paid last 24h −0.119%
Price spread now: Extended against Kraken Futures−0.235%7-day average — · you buy dearer than you sell
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 against this trade now: funding costs −$23 a day on $10k at the current rate, and Extended is 0.235% cheaper against Kraken Futures than usual: you would sell low and buy high (−$24 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_KAIAUSD | 0.03230 | 0.0877 | pay 0.0110% / 1h | 1m 16s | $46K | $39K | 10x |
| Short | Extended KAIA-USD | 0.03222 | 0.0104 | get 0.0013% / 1h | 1m 16s | $2K | $95K | 5x |
Kraken Futures PF_KAIAUSD
Extended KAIA-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- −$162.28
- Price spread: −0.235% → 0.000%
- −$23.53
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$200.81
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; Extended: live order book, 59 min ago. 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 no order-book sample | — | — | — | — | — |
| Sell Extended live order book, 59 min ago | 6.95 bp | 59.5 bp −$59 | doesn't fit | doesn't fit | doesn't fit |
Kraken Futures: 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.
KAIA on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance KAIAUSDT | +0.0100% | 4h | 0.03223 | −0.219% | $2.4M | $4.0M | 75x | as long as short |
| Bybit KAIAUSDT | +0.0100% | 4h | 0.03220 | −0.304% | $1.9M | $1.3M | 50x | as long as short |
| Gate KAIA_USDT | +0.0100% | 4h | 0.03221 | −0.273% | $83K | $67K | 50x | as long as short |
| MEXC KAIA_USDT | +0.0100% | 4h | 0.03223 | −0.211% | $517K | $146K | 100x | as long as short |
| KuCoin KAIAUSDTM | +0.0100% | 4h | 0.03228 | −0.056% | $330K | $71K | 30x | as long as short |
| Bitget KAIAUSDT | +0.0100% | 4h | 0.03225 | −0.149% | $460K | $404K | 75x | as long as short |
| BingX KAIA-USDT | +0.0100% | 4h | 0.03222 | −0.242% | — | $6.5M | — | as long as short |
| Variational Omni KAIA | +0.0100% | 4h | 0.03222 | −0.246% | $3K | $202 | — | as long as short |
| GRVT KAIA_USDT_Perp | +0.0100% | 4h | 0.03228 | −0.041% | $391K | $511K | 10x | as long as short |
| Extended KAIA-USDshort | +0.0104% | 1h | 0.03222 | −0.235% | $2K | $95K | 5x |
Binance KAIAUSDT
Bybit KAIAUSDT
Gate KAIA_USDT
MEXC KAIA_USDT
KuCoin KAIAUSDTM
Bitget KAIAUSDT
BingX KAIA-USDT
Variational Omni KAIA
GRVT KAIA_USDT_PerpShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin KAIA-USDT | +0.0141% | 4h | 0.03218 | −0.366% | $155K | $20K | 75x | as long as short |
| Kraken Futures PF_KAIAUSDlong | +0.0877% | 1h | 0.03230 | long leg | $46K | $39K | 10x |
BloFin KAIA-USDT