Funding arb · Price arb /

KAITO

all KAITO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0880%/8h= −96.3% APRpaid last 24h −0.201%

Price spread now: KuCoin against Kraken Futures−0.052%7-day average +0.014% · you buy dearer than you sell

Net, funding: paid 7d − costs−$329as in the Funding arb table

Net, price: spread back to 7d avg − costs−$264as in the Price arb table

costs, in and out, $10k−$2572.573% of the position

Long on Kraken Futures Short on KuCoin

What this pair did over the last

the charts below follow

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

Price spread, last 3 days (all we have)+0.050%+$5 · spread now −0.052%, 7d avg +0.014%

Together, before fees−0.663%−$66 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$26 a day on $10k at the current rate, and KuCoin is 0.066% cheaper against Kraken Futures than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.014%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_KAITOUSD	0.3467	0.0980	pay 0.0122% / 1h	36m 56s	$241K	$151K	10x
Short	KuCoin KAITOUSDTM	0.3465	0.0100	get 0.0050% / 4h	2h 36m	$1.4M	$167K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now −0.052%Rate

Funding earned: −$184.77
Price spread: −0.052% → +0.014%: −$6.58
Slippage, 4 orders: −$235.29
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$448.63
Costs to cover: 2.573%
Break-even: never at this rate

Slippage from Kraken Futures: live order book, 31 min ago; KuCoin: live order book, 4 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, 31 min ago	5.71 bp	81.3 bp −$81	12135.6 bp −$121.4K	doesn't fit	doesn't fit
Sell KuCoin live order book, 4 min ago	5.77 bp	64.3 bp −$64	834.8 bp −$8,348	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
Backpack KAITO_USDC_PERP	−0.0523%	1h	0.3469	+0.057%	$19K	$178K	10x	as long as short
Injective KAITO/USDC PERP	−0.0064%	1h	0.3466	−0.023%	$7K	$52K	12x	as long as short
Reya KAITORUSDPERP	0.0000%	1h	0.3370	−2.783%	—	—	—	as long as short
BloFin KAITO-USDT	+0.0076%	4h	0.3463	−0.110%	$555K	$61K	75x	as long as short
Aster KAITOUSDT	+0.0100%	4h	0.3467	+0.002%	$115K	$38K	10x	as long as short
Pacifica KAITO	+0.0100%	1h	0.3467	+0.005%	$18K	$15K	5x	as long as short
Binance KAITOUSDT	+0.0100%	4h	0.3469	+0.054%	$10.6M	$16.3M	75x	as long as short
Bybit KAITOUSDT	+0.0100%	4h	0.3471	+0.121%	$4.3M	$7.1M	75x	as long as short
OKX KAITO-USDT-SWAP	+0.0100%	4h	0.3468	+0.034%	$4.2M	$10.2M	50x	as long as short
Gate KAITO_USDT	+0.0100%	4h	0.3468	+0.034%	$679K	$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	0.3468	+0.034%	$3.3M	$1.0M	50x	as long as short
KuCoin KAITOUSDTMshort	+0.0100%	4h	0.3465	−0.052%	$1.4M	$167K	30x
Bitget KAITOUSDT	+0.0100%	4h	0.3474	+0.207%	$4.3M	$3.2M	75x	as long as short
BingX KAITO-USDT	+0.0100%	4h	0.3468	+0.034%	—	$6.7M	—	as long as short
Variational Omni KAITO	+0.0100%	4h	0.3475	+0.250%	$44K	$230K	—	as long as short
GRVT KAITO_USDT_Perp	+0.0100%	4h	0.3465	−0.052%	$237K	$2.8M	10x	as long as short
ApeX Omni KAITOUSDT	+0.0100%	1h	0.3465	−0.052%	$30K	$256K	50x	as long as short
Orderly PERP_KAITO_USDC_mythos	+0.0100%	4h	0.3467	+0.003%	$3K	$2K	10x	as long as short
Extended KAITO-USD	+0.0104%	1h	0.3472	+0.161%	$77K	$54K	10x	as long as short
Aevo KAITO-PERP	+0.0104%	1h	0.3469	+0.050%	$241K	—	3x	as long as short
edgeX KAITOUSDC	+0.0105%	4h	0.3465	−0.052%	$17K	$323K	5x	as long as short
Paradex KAITO-USD-PERP	+0.0120%	8h	0.3471	+0.108%	$4K	$604	10x	as long as short
Polymarket Perps KAITO-USD	+0.0125%	1h	0.3472	+0.158%	$15K	$4.1M	5x	as long as short
Kraken Futures PF_KAITOUSDlong	+0.0980%	1h	0.3467	long leg	$241K	$151K	10x
Hyperliquid KAITO	+0.1010%	1h	0.3475	+0.230%	$2.0M	$781K	5x	as long as short
Lighter KAITO	+0.1368%	1h	0.3482	+0.441%	$86K	$93K	5x	as long as short
01 Exchange KAITOUSD	+0.6216%	1h	0.3553	+2.498%	$6K	$2K	3x	as long as short