Funding arb · Price arb /

KAITO

all KAITO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0534%/8h= +58.5% APRpaid last 24h −0.150%

Price spread now: Aster against Kraken Futures+0.017%7-day average −0.009% · you sell dearer than you buy

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

Net, price: spread back to 7d avg − costs−$170as in the Price arb table

costs, in and out, $10k−$1731.731% of the position

Long on Kraken Futures Short on Aster

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)−0.782%−$78 on $10k

Price spread, last 3 days (all we have)−0.153%−$15 · spread now +0.017%, 7d avg −0.009%

Together, before fees−0.935%+ Points / potential airdropAster: Stage 5 · farm board−$93 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$16 a day on $10k at the current rate, and Aster is 0.026% dearer against Kraken Futures than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.009%. Mind the row above: over the last 5 days funding on this pair cost −0.782%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_KAITOUSD	0.3450	−0.0434	get 0.0054% / 1h	47m 36s	$236K	$159K	10x
Short	Aster KAITOUSDT	0.3451	0.0100	get 0.0050% / 4h	1h 47m	$115K	$34K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster 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 AsterbpOrdersPrice spread, now +0.017%Rate

Funding earned: $112.19
Price spread: +0.017% → −0.009%: $2.63
Slippage, 4 orders: −$155.07
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee Aster: 4 bp × 2 orders: −$8
Net: −$58.25
Costs to cover: 1.731%
Break-even: 10.6 days

Slippage from Kraken Futures: live order book, 35 min ago; Aster: live order book, 33 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 Kraken Futures live order book, 35 min ago	5.77 bp	94.6 bp −$95	12086.8 bp −$120.9K	doesn't fit	doesn't fit
Sell Aster live order book, 33 min ago	1.45 bp	11.3 bp −$11	doesn't fit	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
Kraken Futures PF_KAITOUSDlong	−0.0434%	1h	0.3450	long leg	$236K	$159K	10x
Injective KAITO/USDC PERP	−0.0055%	1h	0.3446	−0.115%	$7K	$52K	12x	as long as short
Reya KAITORUSDPERP	0.0000%	1h	0.3370	−2.309%	—	—	—	as long as short
BloFin KAITO-USDT	+0.0047%	4h	0.3449	−0.029%	$535K	$59K	75x	as long as short
Aster KAITOUSDTshort	+0.0100%	4h	0.3451	+0.017%	$115K	$34K	10x
Pacifica KAITO	+0.0100%	1h	0.3452	+0.045%	$18K	$12K	5x	as long as short
Binance KAITOUSDT	+0.0100%	4h	0.3451	+0.028%	$10.4M	$15.6M	75x	as long as short
Bybit KAITOUSDT	+0.0100%	4h	0.3454	+0.116%	$4.3M	$6.6M	75x	as long as short
OKX KAITO-USDT-SWAP	+0.0100%	4h	0.3450	0.000%	$4.1M	$9.9M	50x	as long as short
Gate KAITO_USDT	+0.0100%	4h	0.3453	+0.087%	$671K	$1.7M	75x	as long as short

Show all 27 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC KAITO_USDT	+0.0100%	4h	0.3451	+0.029%	$3.3M	$1.0M	50x	as long as short
KuCoin KAITOUSDTM	+0.0100%	4h	0.3451	+0.029%	$1.4M	$167K	30x	as long as short
Bitget KAITOUSDT	+0.0100%	4h	0.3453	+0.087%	$4.2M	$2.9M	75x	as long as short
BingX KAITO-USDC	+0.0100%	4h	0.3452	+0.058%	—	$6.5M	—	as long as short
Backpack KAITO_USDC_PERP	+0.0100%	1h	0.3449	−0.037%	$18K	$168K	10x	as long as short
Variational Omni KAITO	+0.0100%	4h	0.3447	−0.080%	$43K	$236K	—	as long as short
GRVT KAITO_USDT_Perp	+0.0100%	4h	0.3447	−0.088%	$240K	$3.1M	10x	as long as short
ApeX Omni KAITOUSDT	+0.0100%	1h	0.3450	0.000%	$29K	$256K	50x	as long as short
Polymarket Perps KAITO-USD	+0.0100%	1h	0.3452	+0.061%	$11K	$4.0M	5x	as long as short
Orderly PERP_KAITO_USDC_mythos	+0.0100%	4h	0.3449	−0.026%	$3K	$2K	10x	as long as short
Paradex KAITO-USD-PERP	+0.0101%	8h	0.3453	+0.093%	$4K	$604	10x	as long as short
Extended KAITO-USD	+0.0104%	1h	0.3452	+0.051%	$62K	$41K	10x	as long as short
Aevo KAITO-PERP	+0.0104%	1h	0.3450	+0.013%	$240K	$1K	3x	as long as short
edgeX KAITOUSDC	+0.0111%	4h	0.3446	−0.128%	$17K	$321K	5x	as long as short
01 Exchange KAITOUSD	+0.0232%	1h	0.3450	+0.012%	$6K	$2K	3x	as long as short
Hyperliquid KAITO	+0.0805%	1h	0.3456	+0.183%	$2.0M	$745K	5x	as long as short
Lighter KAITO	+0.1008%	1h	0.3463	+0.386%	$83K	$82K	5x	as long as short