Funding you earn now, next payment 08:00 UTC−0.0558%/8h= −61.1% APRpaid last 24h −0.176%
Price spread now: MEXC against Kraken Futures−0.186%7-day average −0.024% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,484as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,422as in the Price arb table
costs, in and out, $10k−$1,40614.062% of the position
Funding, last 7 days−0.779%−$78 on $10k
+Price spread, last 4 days (all we have)+0.133%+$13 · spread now −0.186%, 7d avg −0.024%
=Both sides work against this trade now: funding costs −$17 a day on $10k at the current rate, and MEXC is 0.162% cheaper against Kraken Futures than usual: you would sell low and buy high (−$16 if the spread goes back to its 7-day average of −0.024%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_KAITOUSD | 0.3546 | 0.0658 | pay 0.0082% / 1h | 33m 31s | $250K | $160K | 10x |
| Short | MEXC KAITO_USDT | 0.3539 | 0.0100 | get 0.0050% / 4h | 33m 31s | $3.0M | $1.2M | 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$117.25
- Price spread: −0.186% → −0.024%
- −$16.2
- Slippage, 4 orders
- −$1,396.22
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$1,539.67
- Costs to cover
- 14.062%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 4 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, 4 min ago | 4.24 bp | 1325.2 bp −$1,325 | 14216.5 bp −$142.2K | doesn't fit | doesn't fit |
| Sell MEXC live order book, 3 min ago | 1.41 bp | 4.6 bp −$5 | 13.1 bp −$131 | 85.9 bp −$8,589 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Reya KAITORUSDPERP | 0.0000% | 1h | 0.3370 | −4.944% | — | — | — | as long as short |
| BloFin KAITO-USDT | +0.0060% | 4h | 0.3549 | +0.097% | $557K | $68K | 75x | as long as short |
| Injective KAITO/USDC PERP | +0.0068% | 1h | 0.3534 | −0.327% | $7K | $52K | 12x | as long as short |
| Aster KAITOUSDT | +0.0100% | 4h | 0.3540 | −0.151% | $118K | $51K | 10x | as long as short |
| Pacifica KAITO | +0.0100% | 1h | 0.3543 | −0.077% | $19K | $14K | 5x | as long as short |
| Binance KAITOUSDT | +0.0100% | 4h | 0.3539 | −0.175% | $10.8M | $17.6M | 75x | as long as short |
| Bybit KAITOUSDT | +0.0100% | 4h | 0.3543 | −0.073% | $4.6M | $8.3M | 75x | as long as short |
| OKX KAITO-USDT-SWAP | +0.0100% | 4h | 0.3538 | −0.214% | $4.3M | $11.4M | 50x | as long as short |
| Gate KAITO_USDT | +0.0100% | 4h | 0.3544 | −0.044% | $654K | $1.7M | 75x | as long as short |
| MEXC KAITO_USDTshort | +0.0100% | 4h | 0.3539 | −0.186% | $3.0M | $1.2M | 50x |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin KAITOUSDTM | +0.0100% | 4h | 0.3544 | −0.044% | $1.4M | $164K | 30x | as long as short |
| Bitget KAITOUSDT | +0.0100% | 4h | 0.3542 | −0.101% | $4.4M | $3.5M | 75x | as long as short |
| BingX KAITO-USDT | +0.0100% | 4h | 0.3540 | −0.157% | — | $6.7M | — | as long as short |
| Backpack KAITO_USDC_PERP | +0.0100% | 1h | 0.3548 | +0.063% | $19K | $193K | 10x | as long as short |
| Variational Omni KAITO | +0.0100% | 4h | 0.3547 | +0.049% | $45K | $211K | — | as long as short |
| GRVT KAITO_USDT_Perp | +0.0100% | 4h | 0.3545 | −0.005% | $252K | $2.4M | 10x | as long as short |
| ApeX Omni KAITOUSDT | +0.0100% | 1h | 0.3546 | +0.012% | $30K | $260K | 50x | as long as short |
| Polymarket Perps KAITO-USD | +0.0100% | 1h | 0.3542 | −0.095% | $18K | $5.0M | 5x | as long as short |
| Orderly PERP_KAITO_USDC_mythos | +0.0100% | 4h | 0.3551 | +0.144% | $3K | $2K | 10x | as long as short |
| Extended KAITO-USD | +0.0104% | 1h | 0.3540 | −0.150% | $81K | $63K | 10x | as long as short |
| Aevo KAITO-PERP | +0.0104% | 1h | 0.3549 | +0.106% | $246K | — | 3x | as long as short |
| edgeX KAITOUSDC | +0.0105% | 4h | 0.3536 | −0.273% | $17K | $327K | 5x | as long as short |
| Paradex KAITO-USD-PERP | +0.0110% | 8h | 0.3541 | −0.139% | $4K | $604 | 10x | as long as short |
| Hyperliquid KAITO | +0.0286% | 1h | 0.3547 | +0.046% | $2.1M | $879K | 5x | as long as short |
| Kraken Futures PF_KAITOUSDlong | +0.0658% | 1h | 0.3546 | long leg | $250K | $160K | 10x | |
| Lighter KAITO | +0.0800% | 1h | 0.3558 | +0.353% | $87K | $102K | 5x | as long as short |
| 01 Exchange KAITOUSD | +0.3776% | 1h | 0.3541 | −0.129% | $6K | $988 | 3x | as long as short |
Kraken Futures PF_KAITOUSD
MEXC KAITO_USDT
BloFin KAITO-USDT
Injective KAITO/USDC PERP
Aster KAITOUSDT
Pacifica KAITO
Binance KAITOUSDT
Bybit KAITOUSDT
OKX KAITO-USDT-SWAP
Gate KAITO_USDT
KuCoin KAITOUSDTM
Bitget KAITOUSDT
BingX KAITO-USDT
Backpack KAITO_USDC_PERP
Variational Omni KAITO
GRVT KAITO_USDT_Perp
ApeX Omni KAITOUSDT
Polymarket Perps KAITO-USD
Extended KAITO-USD
edgeX KAITOUSDC
Paradex KAITO-USD-PERP
Hyperliquid KAITO
Lighter KAITO
01 Exchange KAITOUSD