Funding arb · Price arb /

KAITO

all KAITO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0558%/8h= +61.1% APRpaid last 24h +0.176%

Price spread now: Kraken Futures against MEXC+0.186%7-day average +0.024% · you sell dearer than you buy

Net, funding: paid 7d − costs−$1,328as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,390as in the Price arb table

costs, in and out, $10k−$1,40614.062% of the position

Long on MEXC Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 7 days+0.779%+$78 on $10k

Price spread, last 4 days (all we have)−0.134%−$13 · spread now +0.186%, 7d avg +0.024%

Together, before fees+0.645%+$65 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$17 a day on $10k at the current rate, and Kraken Futures is 0.162% dearer against MEXC than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of +0.024%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC KAITO_USDT	0.3539	0.0100	pay 0.0050% / 4h	33m 31s	$3.0M	$1.2M	50x
Short	Kraken Futures PF_KAITOUSD	0.3546	0.0658	get 0.0082% / 1h	33m 31s	$250K	$160K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against MEXC. 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 MEXCbpFee Kraken FuturesbpOrdersPrice spread, now +0.186%Rate

Funding earned: $117.25
Price spread: +0.186% → +0.024%: $16.23
Slippage, 4 orders: −$1,396.22
Fee MEXC: 0 bp × 2 orders: $0
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$1,272.73
Costs to cover: 14.062%
Break-even: 83.0 days

Slippage from MEXC: live order book, 3 min ago; Kraken Futures: live order book, 4 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 MEXC live order book, 3 min ago	1.41 bp	3.3 bp −$3	10.1 bp −$101	79.5 bp −$7,946	doesn't fit
Sell Kraken Futures live order book, 4 min ago	4.24 bp	73.1 bp −$73	187.2 bp −$1,872	doesn't fit	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	−4.767%	—	—	—	as long as short
BloFin KAITO-USDT	+0.0060%	4h	0.3549	+0.283%	$557K	$68K	75x	as long as short
Injective KAITO/USDC PERP	+0.0068%	1h	0.3534	−0.141%	$7K	$52K	12x	as long as short
Aster KAITOUSDT	+0.0100%	4h	0.3540	+0.035%	$118K	$51K	10x	as long as short
Pacifica KAITO	+0.0100%	1h	0.3543	+0.109%	$19K	$14K	5x	as long as short
Binance KAITOUSDT	+0.0100%	4h	0.3539	+0.010%	$10.8M	$17.6M	75x	as long as short
Bybit KAITOUSDT	+0.0100%	4h	0.3543	+0.113%	$4.6M	$8.3M	75x	as long as short
OKX KAITO-USDT-SWAP	+0.0100%	4h	0.3538	−0.028%	$4.3M	$11.4M	50x	as long as short
Gate KAITO_USDT	+0.0100%	4h	0.3544	+0.141%	$654K	$1.7M	75x	as long as short
MEXC KAITO_USDTlong	+0.0100%	4h	0.3539	long leg	$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	+0.141%	$1.4M	$164K	30x	as long as short
Bitget KAITOUSDT	+0.0100%	4h	0.3542	+0.085%	$4.4M	$3.5M	75x	as long as short
BingX KAITO-USDT	+0.0100%	4h	0.3540	+0.028%	—	$6.7M	—	as long as short
Backpack KAITO_USDC_PERP	+0.0100%	1h	0.3548	+0.249%	$19K	$193K	10x	as long as short
Variational Omni KAITO	+0.0100%	4h	0.3547	+0.235%	$45K	$211K	—	as long as short
GRVT KAITO_USDT_Perp	+0.0100%	4h	0.3545	+0.181%	$252K	$2.4M	10x	as long as short
ApeX Omni KAITOUSDT	+0.0100%	1h	0.3546	+0.198%	$30K	$260K	50x	as long as short
Polymarket Perps KAITO-USD	+0.0100%	1h	0.3542	+0.090%	$18K	$5.0M	5x	as long as short
Orderly PERP_KAITO_USDC_mythos	+0.0100%	4h	0.3551	+0.331%	$3K	$2K	10x	as long as short
Extended KAITO-USD	+0.0104%	1h	0.3540	+0.036%	$81K	$63K	10x	as long as short
Aevo KAITO-PERP	+0.0104%	1h	0.3549	+0.292%	$246K	—	3x	as long as short
edgeX KAITOUSDC	+0.0105%	4h	0.3536	−0.088%	$17K	$327K	5x	as long as short
Paradex KAITO-USD-PERP	+0.0110%	8h	0.3541	+0.046%	$4K	$604	10x	as long as short
Hyperliquid KAITO	+0.0286%	1h	0.3547	+0.232%	$2.1M	$879K	5x	as long as short
Kraken Futures PF_KAITOUSDshort	+0.0658%	1h	0.3546	+0.186%	$250K	$160K	10x
Lighter KAITO	+0.0800%	1h	0.3558	+0.540%	$87K	$102K	5x	as long as short
01 Exchange KAITOUSD	+0.3776%	1h	0.3541	+0.057%	$6K	$988	3x	as long as short