KAITO

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0593%/8h= −65.0% APRnext payment −$0.74 per $10,000 · paid last 24h −0.332%

Price spread now: Injective against Kraken Futures+0.104%7-day average — · you sell dearer than you buy

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

Long on Kraken Futures Short on Injective

What this pair did over the last

the charts below follow

Funding, last 7 days+0.153%+$15 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. Injective is 0.104% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.104% now, against zero (this spread has no 7-day history yet)): +$10 on $10k if it goes back. Holding the pair costs −$18 a day in funding at the current rate, which eats that in about 14 hours. Mind the row above: over the last 7 days funding on this pair paid +0.153%, so the current rate has only just turned against you.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.153% in total (about 8.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.74 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_KAITOUSD	0.3531	0.0661	pay 0.0083% / 1h	10m 56s	$249K	$164K	10x
Short	Injective KAITO/USDC PERP	0.3535	0.0068	get 0.0008% / 1h	10m 56s	$7K	$52K	12x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against Kraken Futures. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 InjectivebpOrdersPrice spread, now +0.104%Rate

Funding earned: −$124.56
Price spread: +0.104% → 0.000%: $10.42
Slippage, 4 orders: no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: −$124.16
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: Kraken Futures: live order book, 27 min ago; Injective: no order-book sample. 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 Kraken Futures live order book, 27 min ago	4.24 bp	1325.2 bp −$1,325	14216.5 bp −$142.2K	doesn't fit	doesn't fit
Sell Injective no order-book sample	—	—	—	—	—

Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−4.558%	—	—	—	as long as short
BloFin KAITO-USDT	+0.0059%	4h	0.3532	+0.019%	$557K	$68K	75x	as long as short
Injective KAITO/USDC PERPshort	+0.0068%	1h	0.3535	+0.104%	$7K	$52K	12x
Aster KAITOUSDT	+0.0100%	4h	0.3534	+0.064%	$118K	$51K	10x	as long as short
Pacifica KAITO	+0.0100%	1h	0.3533	+0.043%	$19K	$15K	5x	as long as short
Binance KAITOUSDT	+0.0100%	4h	0.3532	+0.019%	$10.8M	$17.8M	75x	as long as short
Bybit KAITOUSDT	+0.0100%	4h	0.3534	+0.076%	$4.7M	$8.6M	75x	as long as short
OKX KAITO-USDT-SWAP	+0.0100%	4h	0.3529	−0.066%	$4.3M	$11.6M	50x	as long as short
Gate KAITO_USDT	+0.0100%	4h	0.3534	+0.076%	$671K	$1.8M	75x	as long as short
MEXC KAITO_USDT	+0.0100%	4h	0.3532	+0.019%	$3.3M	$1.2M	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	0.3535	+0.104%	$1.4M	$169K	30x	as long as short
Bitget KAITOUSDT	+0.0100%	4h	0.3535	+0.104%	$4.4M	$3.6M	75x	as long as short
BingX KAITO-USDT	+0.0100%	4h	0.3533	+0.048%	—	$6.8M	—	as long as short
Backpack KAITO_USDC_PERP	+0.0100%	1h	0.3530	−0.029%	$20K	$196K	10x	as long as short
Variational Omni KAITO	+0.0100%	4h	0.3534	+0.063%	$45K	$211K	—	as long as short
GRVT KAITO_USDT_Perp	+0.0100%	4h	0.3534	+0.076%	$251K	$2.4M	10x	as long as short
ApeX Omni KAITOUSDT	+0.0100%	1h	0.3536	+0.133%	$30K	$259K	50x	as long as short
Polymarket Perps KAITO-USD	+0.0100%	1h	0.3533	+0.062%	$17K	$5.1M	5x	as long as short
Orderly PERP_KAITO_USDC_mythos	+0.0100%	4h	0.3533	+0.045%	$3K	$2K	10x	as long as short
Extended KAITO-USD	+0.0104%	1h	0.3532	+0.016%	$81K	$63K	10x	as long as short
Aevo KAITO-PERP	+0.0104%	1h	0.3532	+0.006%	$245K	—	3x	as long as short
edgeX KAITOUSDC	+0.0106%	4h	0.3530	−0.048%	$17K	$329K	5x	as long as short
Paradex KAITO-USD-PERP	+0.0108%	8h	0.3535	+0.094%	$4K	$604	10x	as long as short
Hyperliquid KAITO	+0.0361%	1h	0.3538	+0.178%	$2.1M	$898K	5x	as long as short
Kraken Futures PF_KAITOUSDlong	+0.0661%	1h	0.3531	long leg	$249K	$164K	10x
Lighter KAITO	+0.0912%	1h	0.3544	+0.373%	$87K	$102K	5x	as long as short
01 Exchange KAITOUSD	+0.2568%	1h	0.3532	+0.011%	$6K	$916	3x	as long as short