Funding arb · Price arb /

KAITO

all KAITO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0597%/8h= +65.3% APRpaid last 24h +0.228%

Price spread now: Kraken Futures against Bitget−0.058%7-day average +0.034% · you buy dearer than you sell

Net, funding: paid 7d − costs−$111as in the Funding arb table

Net, price: spread back to 7d avg − costs−$191as in the Price arb table

costs, in and out, $10k−$1821.820% of the position

Long on Bitget Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 7 days+0.713%+$71 on $10k

Price spread, last 4 days (all we have)+0.169%+$17 · spread now −0.058%, 7d avg +0.034%

Together, before fees+0.882%+$88 on $10k · with fees, hour by hour

Funding pays, the price is against you. Kraken Futures is 0.091% cheaper against Bitget than usual: you would sell low and buy high (spread −0.058% now, against its 7-day average of +0.034%). If the spread goes back, that is −$9 on $10k: about 12 hours of funding at the current rate (+$18 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget KAITOUSDT	0.3518	0.0100	pay 0.0050% / 4h	1h 28m	$4.5M	$3.3M	75x
Short	Kraken Futures PF_KAITOUSD	0.3516	0.0697	get 0.0087% / 1h	28m 39s	$246K	$151K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against Bitget. 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 BitgetbpFee Kraken FuturesbpOrdersPrice spread, now −0.058%Rate

Funding earned: $125.32
Price spread: −0.058% → +0.034%: −$9.12
Slippage, 4 orders: −$159.96
Fee Bitget: 6 bp × 2 orders: −$12
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$65.76
Costs to cover: 1.820%
Break-even: 10.7 days

Slippage from Bitget: live order book, 4 min ago; Kraken Futures: live order book, 34 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 Bitget live order book, 4 min ago	2.84 bp	19.3 bp −$19	57.2 bp −$572	doesn't fit	doesn't fit
Sell Kraken Futures live order book, 34 min ago	5.69 bp	57.4 bp −$57	167.8 bp −$1,678	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	−0.0368%	1h	0.3510	−0.227%	$7K	$52K	12x	as long as short
Backpack KAITO_USDC_PERP	−0.0138%	1h	0.3512	−0.176%	$20K	$197K	10x	as long as short
Reya KAITORUSDPERP	0.0000%	1h	0.3370	−4.197%	—	—	—	as long as short
BloFin KAITO-USDT	+0.0087%	4h	0.3515	−0.085%	$561K	$66K	75x	as long as short
Pacifica KAITO	+0.0100%	1h	0.3515	−0.085%	$18K	$15K	5x	as long as short
Binance KAITOUSDT	+0.0100%	4h	0.3512	−0.158%	$10.7M	$16.5M	75x	as long as short
Bybit KAITOUSDT	+0.0100%	4h	0.3517	−0.028%	$4.5M	$7.2M	75x	as long as short
OKX KAITO-USDT-SWAP	+0.0100%	4h	0.3511	−0.199%	$4.3M	$10.5M	50x	as long as short
Gate KAITO_USDT	+0.0100%	4h	0.3517	−0.028%	$689K	$1.7M	75x	as long as short
MEXC KAITO_USDT	+0.0100%	4h	0.3512	−0.171%	$3.3M	$1.0M	50x	as long as short

Show all 27 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin KAITOUSDTM	+0.0100%	4h	0.3518	0.000%	$1.4M	$165K	30x	as long as short
Bitget KAITOUSDTlong	+0.0100%	4h	0.3518	long leg	$4.5M	$3.3M	75x
BingX KAITO-USDC	+0.0100%	4h	0.3514	−0.114%	—	$6.5M	—	as long as short
GRVT KAITO_USDT_Perp	+0.0100%	4h	0.3522	+0.112%	$237K	$2.7M	10x	as long as short
ApeX Omni KAITOUSDT	+0.0100%	1h	0.3518	0.000%	$30K	$257K	50x	as long as short
Polymarket Perps KAITO-USD	+0.0100%	1h	0.3520	+0.051%	$14K	$4.2M	5x	as long as short
Orderly PERP_KAITO_USDC_mythos	+0.0100%	4h	0.3518	−0.014%	$3K	$2K	10x	as long as short
Extended KAITO-USD	+0.0104%	1h	0.3514	−0.127%	$79K	$54K	10x	as long as short
Aevo KAITO-PERP	+0.0104%	1h	0.3517	−0.043%	$244K	—	3x	as long as short
edgeX KAITOUSDC	+0.0104%	4h	0.3520	+0.047%	$18K	$325K	5x	as long as short
Aster KAITOUSDT	+0.0132%	4h	0.3516	−0.058%	$120K	$46K	10x	as long as short
Paradex KAITO-USD-PERP	+0.0138%	8h	0.3514	−0.120%	$4K	$604	10x	as long as short
Variational Omni KAITO	+0.0140%	4h	0.3520	+0.065%	$44K	$228K	—	as long as short
Kraken Futures PF_KAITOUSDshort	+0.0697%	1h	0.3516	−0.058%	$246K	$151K	10x
Hyperliquid KAITO	+0.0901%	1h	0.3520	+0.060%	$2.1M	$784K	5x	as long as short
Lighter KAITO	+0.1568%	1h	0.3529	+0.324%	$87K	$93K	5x	as long as short
01 Exchange KAITOUSD	+0.8104%	1h	0.3617	+2.823%	$6K	$2K	3x	as long as short