Funding arb · Price arb /

KAITO

all KAITO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0752%/8h= −82.3% APRpaid last 24h −0.177%

Price spread now: Paradex against Kraken Futures+0.046%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Kraken Futures Short on Paradex

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropParadex: Active · farm boardneeds both histories

The price spread pays, funding is against you. Paradex is 0.046% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.046% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$23 a day in funding at the current rate, which eats that in about 5 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_KAITOUSD	0.3483	0.0853	pay 0.0107% / 1h	45m 58s	$240K	$158K	10x
Short	Paradex KAITO-USD-PERP	0.3484	0.0102	get 0.0102% / 8h	7h 45m	$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 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 ParadexbpOrdersPrice spread, now +0.046%Rate

Funding earned: −$157.88
Price spread: +0.046% → 0.000%: $4.61
Slippage, 4 orders: no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee Paradex: 2 bp × 2 orders: −$4
Net: −$167.27
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: Kraken Futures: live order book, 27 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, 27 min ago	7.20 bp	91.9 bp −$92	12066.4 bp −$120.7K	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
Injective KAITO/USDC PERP	−0.0015%	1h	0.3476	−0.195%	$7K	$52K	12x	as long as short
Reya KAITORUSDPERP	0.0000%	1h	0.3370	−3.233%	—	—	—	as long as short
Aster KAITOUSDT	+0.0100%	4h	0.3480	−0.087%	$116K	$34K	10x	as long as short
Pacifica KAITO	+0.0100%	1h	0.3486	+0.081%	$18K	$12K	5x	as long as short
Binance KAITOUSDT	+0.0100%	4h	0.3480	−0.070%	$10.6M	$15.8M	75x	as long as short
Bybit KAITOUSDT	+0.0100%	4h	0.3484	+0.035%	$4.4M	$6.8M	75x	as long as short
OKX KAITO-USDT-SWAP	+0.0100%	4h	0.3479	−0.109%	$4.2M	$10.0M	50x	as long as short
MEXC KAITO_USDT	+0.0100%	4h	0.3481	−0.051%	$3.4M	$1.0M	50x	as long as short
KuCoin KAITOUSDTM	+0.0100%	4h	0.3485	+0.064%	$1.4M	$166K	30x	as long as short
Bitget KAITOUSDT	+0.0100%	4h	0.3482	−0.022%	$4.3M	$3.0M	75x	as long as short

Show all 27 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX KAITO-USDC	+0.0100%	4h	0.3482	−0.022%	—	$6.5M	—	as long as short
Backpack KAITO_USDC_PERP	+0.0100%	1h	0.3479	−0.120%	$18K	$163K	10x	as long as short
Variational Omni KAITO	+0.0100%	4h	0.3486	+0.091%	$44K	$230K	—	as long as short
GRVT KAITO_USDT_Perp	+0.0100%	4h	0.3481	−0.059%	$235K	$2.9M	10x	as long as short
ApeX Omni KAITOUSDT	+0.0100%	1h	0.3479	−0.109%	$30K	$257K	50x	as long as short
Orderly PERP_KAITO_USDC_mythos	+0.0100%	4h	0.3480	−0.086%	$3K	$2K	10x	as long as short
Paradex KAITO-USD-PERPshort	+0.0102%	8h	0.3484	+0.046%	$4K	$604	10x
Extended KAITO-USD	+0.0104%	1h	0.3481	−0.065%	$78K	$57K	10x	as long as short
Aevo KAITO-PERP	+0.0104%	1h	0.3482	−0.037%	$242K	—	3x	as long as short
Gate KAITO_USDT	+0.0106%	4h	0.3483	+0.006%	$695K	$1.7M	75x	as long as short
Polymarket Perps KAITO-USD	+0.0110%	1h	0.3483	+0.021%	$16K	$4.1M	5x	as long as short
edgeX KAITOUSDC	+0.0115%	4h	0.3480	−0.068%	$17K	$323K	5x	as long as short
BloFin KAITO-USDT	+0.0153%	4h	0.3486	+0.092%	$546K	$61K	75x	as long as short
Kraken Futures PF_KAITOUSDlong	+0.0853%	1h	0.3483	long leg	$240K	$158K	10x
Hyperliquid KAITO	+0.0956%	1h	0.3487	+0.115%	$2.0M	$766K	5x	as long as short
Lighter KAITO	+0.1792%	1h	0.3495	+0.345%	$89K	$89K	5x	as long as short
01 Exchange KAITOUSD	+0.8792%	1h	0.3574	+2.622%	$6K	$2K	3x	as long as short