Funding arb · Price arb /

KAITO

all KAITO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC−0.0581%/8h= −63.6% APRpaid last 24h +0.152%

Price spread now: Kraken Futures against OKX+0.027%7-day average +0.019% · you sell dearer than you buy

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

Long on OKX Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 7 days+0.820%+$82 on $10k

Price spread, last 4 days (all we have)−0.012%−$1 · spread now +0.027%, 7d avg +0.019%

Together, before fees+0.809%+$81 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.019%, so right now this pair is about funding alone: −$17 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.820%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX KAITO-USDT-SWAP	0.3487	0.0100	pay 0.0050% / 4h	2h 15m	$4.3M	$11.1M	50x
Short	Kraken Futures PF_KAITOUSD	0.3488	−0.0481	pay 0.0060% / 1h	15m 03s	$246K	$163K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against OKX. 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 OKXbpFee Kraken FuturesbpOrdersPrice spread, now +0.027%Rate

Funding earned: −$121.97
Price spread: +0.027% → +0.019%: $0.78
Slippage, 4 orders: no order book: not counted
Fee OKX: 5 bp × 2 orders: −$10
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$141.19
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: OKX: live order book, 1 min ago; Kraken Futures: live order book, 35 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 OKX live order book, 1 min ago	1.43 bp	12.3 bp −$12	31.9 bp −$319	doesn't fit	doesn't fit
Sell Kraken Futures live order book, 35 min ago	11.52 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit

KAITO on 27 exchanges

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
Kraken Futures PF_KAITOUSDshort	−0.0481%	1h	0.3488	+0.027%	$246K	$163K	10x
Backpack KAITO_USDC_PERP	−0.0129%	1h	0.3488	+0.043%	$17K	$199K	10x	as long as short
Reya KAITORUSDPERP	0.0000%	1h	0.3370	−3.346%	—	—	—	as long as short
Injective KAITO/USDC PERP	+0.0033%	1h	0.3473	−0.401%	$7K	$52K	12x	as long as short
Aster KAITOUSDT	+0.0100%	4h	0.3491	+0.112%	$115K	$60K	10x	as long as short
Pacifica KAITO	+0.0100%	1h	0.3491	+0.111%	$19K	$8K	5x	as long as short
Binance KAITOUSDT	+0.0100%	4h	0.3489	+0.058%	$10.6M	$17.6M	75x	as long as short
Bybit KAITOUSDT	+0.0100%	4h	0.3491	+0.115%	$4.5M	$8.9M	75x	as long as short
OKX KAITO-USDT-SWAPlong	+0.0100%	4h	0.3487	long leg	$4.3M	$11.1M	50x
Gate KAITO_USDT	+0.0100%	4h	0.3491	+0.115%	$649K	$1.7M	75x	as long as short

Show all 27 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC KAITO_USDT	+0.0100%	4h	0.3489	+0.057%	$3.4M	$1.4M	50x	as long as short
KuCoin KAITOUSDTM	+0.0100%	4h	0.3490	+0.086%	$1.4M	$169K	30x	as long as short
Bitget KAITOUSDT	+0.0100%	4h	0.3490	+0.086%	$4.4M	$3.6M	75x	as long as short
BingX KAITO-USDC	+0.0100%	4h	0.3490	+0.086%	—	$6.5M	—	as long as short
Variational Omni KAITO	+0.0100%	4h	0.3494	+0.194%	$46K	$127K	—	as long as short
GRVT KAITO_USDT_Perp	+0.0100%	4h	0.3490	+0.086%	$243K	$2.2M	10x	as long as short
ApeX Omni KAITOUSDT	+0.0100%	1h	0.3489	+0.057%	$29K	$259K	50x	as long as short
Polymarket Perps KAITO-USD	+0.0100%	1h	0.3490	+0.086%	$18K	$5.0M	5x	as long as short
Orderly PERP_KAITO_USDC_mythos	+0.0100%	4h	0.3491	+0.103%	$3K	$2K	10x	as long as short
BloFin KAITO-USDT	+0.0102%	4h	0.3487	0.000%	$554K	$67K	75x	as long as short
Paradex KAITO-USD-PERP	+0.0102%	8h	0.3491	+0.111%	$4K	—	10x	as long as short
Extended KAITO-USD	+0.0104%	1h	0.3485	−0.052%	$80K	$63K	10x	as long as short
Aevo KAITO-PERP	+0.0104%	1h	0.3489	+0.065%	$242K	—	3x	as long as short
edgeX KAITOUSDC	+0.0115%	4h	0.3488	+0.029%	$17K	$329K	5x	as long as short
Hyperliquid KAITO	+0.0177%	1h	0.3493	+0.184%	$2.0M	$912K	5x	as long as short
Lighter KAITO	+0.1080%	1h	0.3506	+0.548%	$86K	$102K	5x	as long as short
01 Exchange KAITOUSD	+0.7296%	1h	0.3563	+2.174%	$6K	$503	3x	as long as short