Funding arb · Price arb /

KAITO

all KAITO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0707%/8h= −77.4% APRpaid last 24h −0.181%

Price spread now: Gate against Kraken Futures−0.057%7-day average +0.020% · you buy dearer than you sell

Net, funding: paid 7d − costs−$270as in the Funding arb table

Net, price: spread back to 7d avg − costs−$202as in the Price arb table

costs, in and out, $10k−$1951.947% of the position

Long on Kraken Futures Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.757%−$76 on $10k

Price spread, last 4 days (all we have)+0.082%+$8 · spread now −0.057%, 7d avg +0.020%

Together, before fees−0.675%−$67 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$21 a day on $10k at the current rate, and Gate is 0.077% cheaper against Kraken Futures than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.020%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_KAITOUSD	0.3514	0.0807	pay 0.0101% / 1h	21m 00s	$246K	$156K	10x
Short	Gate KAITO_USDT	0.3512	0.0100	get 0.0050% / 4h	1h 21m	$660K	$1.7M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now −0.057%Rate

Funding earned: −$148.49
Price spread: −0.057% → +0.020%: −$7.69
Slippage, 4 orders: −$169.7
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$350.88
Costs to cover: 1.947%
Break-even: never at this rate

Slippage from Kraken Futures: live order book, 22 min ago; Gate: live order book, 2 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, 22 min ago	8.58 bp	97.3 bp −$97	11830.2 bp −$118.3K	doesn't fit	doesn't fit
Sell Gate live order book, 2 min ago	1.42 bp	23.4 bp −$23	64.8 bp −$648	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	−4.092%	—	—	—	as long as short
Injective KAITO/USDC PERP	+0.0044%	1h	0.3510	−0.114%	$7K	$52K	12x	as long as short
Aster KAITOUSDT	+0.0100%	4h	0.3511	−0.092%	$118K	$51K	10x	as long as short
Pacifica KAITO	+0.0100%	1h	0.3513	−0.016%	$18K	$14K	5x	as long as short
Binance KAITOUSDT	+0.0100%	4h	0.3513	−0.030%	$10.7M	$17.3M	75x	as long as short
Bybit KAITOUSDT	+0.0100%	4h	0.3514	0.000%	$4.4M	$8.0M	75x	as long as short
OKX KAITO-USDT-SWAP	+0.0100%	4h	0.3510	−0.114%	$4.3M	$11.1M	50x	as long as short
Gate KAITO_USDTshort	+0.0100%	4h	0.3512	−0.057%	$660K	$1.7M	75x
MEXC KAITO_USDT	+0.0100%	4h	0.3513	−0.029%	$3.0M	$1.2M	50x	as long as short
KuCoin KAITOUSDTM	+0.0100%	4h	0.3510	−0.114%	$1.4M	$164K	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	0.3516	+0.057%	$4.4M	$3.5M	75x	as long as short
BingX KAITO-USDT	+0.0100%	4h	0.3512	−0.057%	—	$6.7M	—	as long as short
Backpack KAITO_USDC_PERP	+0.0100%	1h	0.3513	−0.029%	$19K	$190K	10x	as long as short
Variational Omni KAITO	+0.0100%	4h	0.3511	−0.075%	$44K	$211K	—	as long as short
GRVT KAITO_USDT_Perp	+0.0100%	4h	0.3507	−0.204%	$239K	$2.5M	10x	as long as short
ApeX Omni KAITOUSDT	+0.0100%	1h	0.3508	−0.171%	$29K	$259K	50x	as long as short
Polymarket Perps KAITO-USD	+0.0100%	1h	0.3512	−0.046%	$18K	$4.7M	5x	as long as short
Orderly PERP_KAITO_USDC_mythos	+0.0100%	4h	0.3511	−0.074%	$3K	$2K	10x	as long as short
Extended KAITO-USD	+0.0104%	1h	0.3514	−0.010%	$80K	$63K	10x	as long as short
Aevo KAITO-PERP	+0.0104%	1h	0.3511	−0.091%	$244K	—	3x	as long as short
edgeX KAITOUSDC	+0.0111%	4h	0.3507	−0.214%	$18K	$325K	5x	as long as short
Paradex KAITO-USD-PERP	+0.0125%	8h	0.3513	−0.019%	$4K	$604	10x	as long as short
BloFin KAITO-USDT	+0.0157%	4h	0.3511	−0.086%	$550K	$67K	75x	as long as short
Hyperliquid KAITO	+0.0677%	1h	0.3518	+0.115%	$2.1M	$866K	5x	as long as short
Kraken Futures PF_KAITOUSDlong	+0.0807%	1h	0.3514	long leg	$246K	$156K	10x
Lighter KAITO	+0.1480%	1h	0.3526	+0.347%	$87K	$102K	5x	as long as short
01 Exchange KAITOUSD	+0.8336%	1h	0.3590	+2.154%	$6K	$988	3x	as long as short