Funding you earn now, next payment 05:00 UTC−0.0070%/8h= −7.7% APRpaid last 24h +0.213%
Price spread now: Kraken Futures against Orderly+0.034%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+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. Kraken Futures is 0.034% dearer against Orderly than usual: you sell high and buy low (spread +0.034% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 39 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_KAITO_USDC_mythos | 0.3515 | 0.0100 | pay 0.0050% / 4h | 3h 06m | $3K | $2K | 10x |
| Short | Kraken Futures PF_KAITOUSD | 0.3516 | 0.0030 | get 0.0004% / 1h | 6m 33s | $247K | $156K | 10x |
Orderly PERP_KAITO_USDC_mythos
Kraken Futures PF_KAITOUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Orderly. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$14.69
- Price spread: +0.034% → 0.000%
- $3.39
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$27.31
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; Kraken Futures: live order book, 46 min ago. 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 Orderly no order-book sample | — | — | — | — | — |
| Sell Kraken Futures live order book, 46 min ago | 5.65 bp | 81.1 bp −$81 | 193.4 bp −$1,934 | doesn't fit | doesn't fit |
Orderly: 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 | |
|---|---|---|---|---|---|---|---|---|
| Backpack KAITO_USDC_PERP | −0.0391% | 1h | 0.3517 | +0.065% | $19K | $180K | 10x | as long as short |
| Reya KAITORUSDPERP | 0.0000% | 1h | 0.3370 | −4.109% | — | — | — | as long as short |
| Injective KAITO/USDC PERP | +0.0009% | 1h | 0.3511 | −0.105% | $7K | $52K | 12x | as long as short |
| Kraken Futures PF_KAITOUSDshort | +0.0030% | 1h | 0.3516 | +0.034% | $247K | $156K | 10x | |
| Aster KAITOUSDT | +0.0100% | 4h | 0.3519 | +0.111% | $119K | $50K | 10x | as long as short |
| Pacifica KAITO | +0.0100% | 1h | 0.3521 | +0.175% | $18K | $14K | 5x | as long as short |
| Binance KAITOUSDT | +0.0100% | 4h | 0.3519 | +0.122% | $10.7M | $16.9M | 75x | as long as short |
| Bybit KAITOUSDT | +0.0100% | 4h | 0.3522 | +0.208% | $4.4M | $7.8M | 75x | as long as short |
| OKX KAITO-USDT-SWAP | +0.0100% | 4h | 0.3517 | +0.065% | $4.3M | $10.8M | 50x | as long as short |
| Gate KAITO_USDT | +0.0100% | 4h | 0.3517 | +0.065% | $664K | $1.7M | 75x | as long as short |
Backpack KAITO_USDC_PERP
Reya KAITORUSDPERP
Injective KAITO/USDC PERP
Aster KAITOUSDT
Pacifica KAITO
Binance KAITOUSDT
Bybit KAITOUSDT
OKX KAITO-USDT-SWAP
Gate KAITO_USDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC KAITO_USDT | +0.0100% | 4h | 0.3519 | +0.122% | $3.2M | $1.1M | 50x | as long as short |
| KuCoin KAITOUSDTM | +0.0100% | 4h | 0.3521 | +0.179% | $1.4M | $177K | 30x | as long as short |
| Bitget KAITOUSDT | +0.0100% | 4h | 0.3520 | +0.151% | $4.4M | $3.4M | 75x | as long as short |
| BingX KAITO-USDC | +0.0100% | 4h | 0.3520 | +0.151% | — | $6.5M | — | as long as short |
| Variational Omni KAITO | +0.0100% | 4h | 0.3515 | +0.004% | $44K | $211K | — | as long as short |
| GRVT KAITO_USDT_Perp | +0.0100% | 4h | 0.3511 | −0.116% | $249K | $2.5M | 10x | as long as short |
| ApeX Omni KAITOUSDT | +0.0100% | 1h | 0.3509 | −0.162% | $29K | $261K | 50x | as long as short |
| Polymarket Perps KAITO-USD | +0.0100% | 1h | 0.3520 | +0.159% | $21K | $4.6M | 5x | as long as short |
| Orderly PERP_KAITO_USDC_mythoslong | +0.0100% | 4h | 0.3515 | long leg | $3K | $2K | 10x | |
| Paradex KAITO-USD-PERP | +0.0104% | 8h | 0.3519 | +0.120% | $4K | $604 | 10x | as long as short |
| Extended KAITO-USD | +0.0104% | 1h | 0.3519 | +0.118% | $79K | $62K | 10x | as long as short |
| Aevo KAITO-PERP | +0.0104% | 1h | 0.3517 | +0.051% | $244K | — | 3x | as long as short |
| edgeX KAITOUSDC | +0.0110% | 4h | 0.3509 | −0.157% | $17K | $325K | 5x | as long as short |
| BloFin KAITO-USDT | +0.0118% | 4h | 0.3515 | +0.009% | $560K | $68K | 75x | as long as short |
| Hyperliquid KAITO | +0.0750% | 1h | 0.3525 | +0.302% | $2.1M | $832K | 5x | as long as short |
| Lighter KAITO | +0.1344% | 1h | 0.3535 | +0.583% | $88K | $101K | 5x | as long as short |
| 01 Exchange KAITOUSD | +0.6424% | 1h | 0.3600 | +2.430% | $6K | $2K | 3x | as long as short |
MEXC KAITO_USDT
KuCoin KAITOUSDTM
Bitget KAITOUSDT
BingX KAITO-USDC
Variational Omni KAITO
GRVT KAITO_USDT_Perp
ApeX Omni KAITOUSDT
Polymarket Perps KAITO-USD
Paradex KAITO-USD-PERP
Extended KAITO-USD
Aevo KAITO-PERP
edgeX KAITOUSDC
BloFin KAITO-USDT
Hyperliquid KAITO
Lighter KAITO
01 Exchange KAITOUSD