Funding arb · Price arb /

KAITO

all KAITO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0901%/8h= +98.7% APRpaid last 24h +0.157%

Price spread now: Kraken Futures against Aster−0.029%7-day average +0.010% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$188as in the Price arb table

costs, in and out, $10k−$1841.841% of the position

Long on Aster Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)+0.776%+$78 on $10k

Price spread, last 3 days (all we have)+0.102%+$10 · spread now −0.029%, 7d avg +0.010%

Together, before fees+0.878%+ Points / potential airdropAster: Stage 5 · farm board+$88 on $10k · with fees, hour by hour

Funding pays, the price is against you. Kraken Futures is 0.039% cheaper against Aster than usual: you would sell low and buy high (spread −0.029% now, against its 7-day average of +0.010%). If the spread goes back, that is −$4 on $10k: about 3 hours of funding at the current rate (+$27 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster KAITOUSDT	0.3492	0.0100	pay 0.0050% / 4h	45m 22s	$117K	$34K	10x
Short	Kraken Futures PF_KAITOUSD	0.3491	0.1001	get 0.0125% / 1h	45m 22s	$241K	$156K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against Aster. 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 AsterbpFee Kraken FuturesbpOrdersPrice spread, now −0.029%Rate

Funding earned: $189.28
Price spread: −0.029% → +0.010%: −$3.85
Slippage, 4 orders: −$166.13
Fee Aster: 4 bp × 2 orders: −$8
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: $1.3
Costs to cover: 1.841%
Break-even: 7.0 days

Slippage from Aster: live order book, 30 min ago; Kraken Futures: live order book, 32 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 Aster live order book, 30 min ago	2.87 bp	13.3 bp −$13	doesn't fit	doesn't fit	doesn't fit
Sell Kraken Futures live order book, 32 min ago	5.75 bp	86.0 bp −$86	201.1 bp −$2,011	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
Injective KAITO/USDC PERP	−0.0010%	1h	0.3485	−0.205%	$7K	$52K	12x	as long as short
Reya KAITORUSDPERP	0.0000%	1h	0.3370	−3.493%	—	—	—	as long as short
Aster KAITOUSDTlong	+0.0100%	4h	0.3492	long leg	$117K	$34K	10x
Pacifica KAITO	+0.0100%	1h	0.3493	+0.038%	$18K	$12K	5x	as long as short
Binance KAITOUSDT	+0.0100%	4h	0.3491	−0.041%	$10.6M	$15.7M	75x	as long as short
Bybit KAITOUSDT	+0.0100%	4h	0.3492	−0.005%	$4.4M	$6.7M	75x	as long as short
OKX KAITO-USDT-SWAP	+0.0100%	4h	0.3489	−0.090%	$4.2M	$10.0M	50x	as long as short
Gate KAITO_USDT	+0.0100%	4h	0.3492	−0.005%	$692K	$1.7M	75x	as long as short
MEXC KAITO_USDT	+0.0100%	4h	0.3491	−0.033%	$3.3M	$1.0M	50x	as long as short
KuCoin KAITOUSDTM	+0.0100%	4h	0.3495	+0.081%	$1.4M	$166K	30x	as long as short

Show all 27 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget KAITOUSDT	+0.0100%	4h	0.3496	+0.110%	$4.3M	$3.0M	75x	as long as short
BingX KAITO-USDC	+0.0100%	4h	0.3492	−0.005%	—	$6.5M	—	as long as short
Backpack KAITO_USDC_PERP	+0.0100%	1h	0.3492	−0.007%	$19K	$165K	10x	as long as short
Variational Omni KAITO	+0.0100%	4h	0.3493	+0.026%	$44K	$230K	—	as long as short
GRVT KAITO_USDT_Perp	+0.0100%	4h	0.3494	+0.063%	$236K	$3.0M	10x	as long as short
ApeX Omni KAITOUSDT	+0.0100%	1h	0.3486	−0.176%	$30K	$257K	50x	as long as short
Polymarket Perps KAITO-USD	+0.0100%	1h	0.3494	+0.050%	$11K	$4.2M	5x	as long as short
Orderly PERP_KAITO_USDC_mythos	+0.0100%	4h	0.3491	−0.027%	$3K	$2K	10x	as long as short
Paradex KAITO-USD-PERP	+0.0101%	8h	0.3493	+0.016%	$4K	$604	10x	as long as short
edgeX KAITOUSDC	+0.0103%	4h	0.3495	+0.071%	$17K	$322K	5x	as long as short
Extended KAITO-USD	+0.0104%	1h	0.3490	−0.065%	$62K	$41K	10x	as long as short
Aevo KAITO-PERP	+0.0104%	1h	0.3491	−0.045%	$242K	$1K	3x	as long as short
BloFin KAITO-USDT	+0.0158%	4h	0.3487	−0.148%	$545K	$61K	75x	as long as short
Hyperliquid KAITO	+0.0790%	1h	0.3498	+0.162%	$2.0M	$758K	5x	as long as short
Kraken Futures PF_KAITOUSDshort	+0.1001%	1h	0.3491	−0.029%	$241K	$156K	10x
Lighter KAITO	+0.1384%	1h	0.3505	+0.379%	$84K	$82K	5x	as long as short
01 Exchange KAITOUSD	+0.8456%	1h	0.3579	+2.484%	$6K	$2K	3x	as long as short