Funding arb · Price arb /

KAITO

all KAITO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0709%/8h= +77.6% APRpaid last 24h +0.181%

Price spread now: Kraken Futures against Variational Omni−0.110%7-day average −0.037% · you buy dearer than you sell

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

Long on Variational Omni Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.597%+$60 on $10k

Price spread, last 4 days (all we have)+0.141%+$14 · spread now −0.110%, 7d avg −0.037%

Together, before fees+0.738%+ Points / potential airdropVariational Omni: Active · farm board+$74 on $10k · with fees, hour by hour

Funding pays, the price is against you. Kraken Futures is 0.073% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.110% now, against its 7-day average of −0.037%). If the spread goes back, that is −$7 on $10k: about 8 hours of funding at the current rate (+$21 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni KAITO	0.3511	0.0100	pay 0.0050% / 4h	1h 22m	$44K	$211K	—
Short	Kraken Futures PF_KAITOUSD	0.3508	0.0809	get 0.0101% / 1h	22m 58s	$246K	$156K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against Variational Omni. 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 Variational OmnibpFee Kraken FuturesbpOrdersPrice spread, now −0.110%Rate

Funding earned: $148.8
Price spread: −0.110% → −0.037%: −$7.29
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: $131.51
Costs to cover: 0.100%
Break-even: 0.8 days

Slippage unknown: Variational Omni: RFQ quote, 21 min ago; Kraken Futures: live order book, 20 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 Variational Omni RFQ quote, 21 min ago	5.71 bp	doesn't fit	182.7 bp −$1,827	doesn't fit	doesn't fit
Sell Kraken Futures live order book, 20 min ago	8.58 bp	53.7 bp −$54	162.0 bp −$1,620	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	−4.018%	—	—	—	as long as short
Injective KAITO/USDC PERP	+0.0044%	1h	0.3510	−0.039%	$7K	$52K	12x	as long as short
Aster KAITOUSDT	+0.0100%	4h	0.3509	−0.075%	$118K	$51K	10x	as long as short
Pacifica KAITO	+0.0100%	1h	0.3511	0.000%	$18K	$14K	5x	as long as short
Binance KAITOUSDT	+0.0100%	4h	0.3507	−0.125%	$10.7M	$17.3M	75x	as long as short
Bybit KAITOUSDT	+0.0100%	4h	0.3509	−0.068%	$4.4M	$8.0M	75x	as long as short
OKX KAITO-USDT-SWAP	+0.0100%	4h	0.3504	−0.210%	$4.3M	$11.1M	50x	as long as short
Gate KAITO_USDT	+0.0100%	4h	0.3507	−0.125%	$660K	$1.7M	75x	as long as short
MEXC KAITO_USDT	+0.0100%	4h	0.3506	−0.153%	$3.0M	$1.2M	50x	as long as short
KuCoin KAITOUSDTM	+0.0100%	4h	0.3510	−0.039%	$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	0.3509	−0.068%	$4.4M	$3.5M	75x	as long as short
BingX KAITO-USDC	+0.0100%	4h	0.3508	−0.096%	—	$6.5M	—	as long as short
Backpack KAITO_USDC_PERP	+0.0100%	1h	0.3506	−0.151%	$19K	$189K	10x	as long as short
Variational Omni KAITOlong	+0.0100%	4h	0.3511	long leg	$44K	$211K	—
GRVT KAITO_USDT_Perp	+0.0100%	4h	0.3496	−0.438%	$238K	$2.5M	10x	as long as short
ApeX Omni KAITOUSDT	+0.0100%	1h	0.3494	−0.495%	$29K	$259K	50x	as long as short
Polymarket Perps KAITO-USD	+0.0100%	1h	0.3506	−0.145%	$16K	$4.7M	5x	as long as short
Orderly PERP_KAITO_USDC_mythos	+0.0100%	4h	0.3509	−0.079%	$3K	$2K	10x	as long as short
BloFin KAITO-USDT	+0.0101%	4h	0.3503	−0.239%	$549K	$67K	75x	as long as short
Extended KAITO-USD	+0.0104%	1h	0.3508	−0.085%	$80K	$63K	10x	as long as short
Aevo KAITO-PERP	+0.0104%	1h	0.3507	−0.139%	$243K	—	3x	as long as short
edgeX KAITOUSDC	+0.0112%	4h	0.3495	−0.476%	$17K	$324K	5x	as long as short
Paradex KAITO-USD-PERP	+0.0126%	8h	0.3510	−0.038%	$4K	$604	10x	as long as short
Hyperliquid KAITO	+0.0675%	1h	0.3511	−0.005%	$2.0M	$866K	5x	as long as short
Kraken Futures PF_KAITOUSDshort	+0.0809%	1h	0.3508	−0.110%	$246K	$156K	10x
Lighter KAITO	+0.1488%	1h	0.3520	+0.248%	$87K	$102K	5x	as long as short
01 Exchange KAITOUSD	+0.8368%	1h	0.3586	+2.125%	$6K	$988	3x	as long as short