Funding arb · Price arb /

KAITO

all KAITO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0014%/8h= −1.5% APRpaid last 24h +0.004%

Price spread now: Polymarket Perps against edgeX+0.010%7-day average +0.052% · you sell dearer than you buy

Net, funding: paid 7d − costs−$70as in the Funding arb table

Net, price: spread back to 7d avg − costs−$39as in the Price arb table

costs, in and out, $10k−$350.350% of the position

Long on edgeX Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days−0.350%−$35 on $10k

Price spread, last 4 days (all we have)+0.264%+$26 · spread now +0.010%, 7d avg +0.052%

Together, before fees−0.086%+ Points / potential airdropedgeX: Active · farm board−$9 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Polymarket Perps is 0.042% cheaper against edgeX than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.052%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX KAITOUSDC	0.3500	0.0114	pay 0.0057% / 4h	24m 58s	$17K	$323K	5x
Short	Polymarket Perps KAITO-USD	0.3500	0.0100	get 0.0013% / 1h	24m 58s	$12K	$4.4M	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against edgeX. 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 edgeXbpFee Polymarket PerpsbpOrdersPrice spread, now +0.010%Rate

Funding earned: −$2.91
Price spread: +0.010% → +0.052%: −$4.22
Slippage, 4 orders: −$18.01
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$42.14
Costs to cover: 0.350%
Break-even: never at this rate

Slippage from edgeX: live order book, 33 min ago; Polymarket Perps: 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 edgeX live order book, 33 min ago	2.89 bp	11.7 bp −$12	doesn't fit	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 4 min ago	1.28 bp	5.5 bp −$5	9.0 bp −$90	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	−0.0469%	1h	0.3496	−0.099%	$19K	$176K	10x	as long as short
Injective KAITO/USDC PERP	−0.0154%	1h	0.3458	−1.196%	$7K	$52K	12x	as long as short
Reya KAITORUSDPERP	0.0000%	1h	0.3370	−3.702%	—	—	—	as long as short
Aster KAITOUSDT	+0.0100%	4h	0.3497	−0.084%	$118K	$51K	10x	as long as short
Pacifica KAITO	+0.0100%	1h	0.3498	−0.060%	$18K	$15K	5x	as long as short
Binance KAITOUSDT	+0.0100%	4h	0.3499	−0.024%	$10.6M	$16.9M	75x	as long as short
Bybit KAITOUSDT	+0.0100%	4h	0.3501	+0.033%	$4.3M	$7.7M	75x	as long as short
OKX KAITO-USDT-SWAP	+0.0100%	4h	0.3498	−0.053%	$4.3M	$10.8M	50x	as long as short
Gate KAITO_USDT	+0.0100%	4h	0.3499	−0.024%	$668K	$1.7M	75x	as long as short
MEXC KAITO_USDT	+0.0100%	4h	0.3499	−0.024%	$3.4M	$1.1M	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	0.3500	+0.004%	$1.4M	$170K	30x	as long as short
Bitget KAITOUSDT	+0.0100%	4h	0.3501	+0.033%	$4.4M	$3.4M	75x	as long as short
BingX KAITO-USDC	+0.0100%	4h	0.3498	−0.053%	—	$6.5M	—	as long as short
Variational Omni KAITO	+0.0100%	4h	0.3494	−0.157%	$44K	$228K	—	as long as short
GRVT KAITO_USDT_Perp	+0.0100%	4h	0.3500	+0.004%	$239K	$2.6M	10x	as long as short
ApeX Omni KAITOUSDT	+0.0100%	1h	0.3499	−0.024%	$28K	$258K	50x	as long as short
Polymarket Perps KAITO-USDshort	+0.0100%	1h	0.3500	+0.010%	$12K	$4.4M	5x
Orderly PERP_KAITO_USDC_mythos	+0.0100%	4h	0.3497	−0.084%	$3K	$2K	10x	as long as short
Extended KAITO-USD	+0.0104%	1h	0.3500	+0.006%	$78K	$62K	10x	as long as short
Aevo KAITO-PERP	+0.0104%	1h	0.3496	−0.116%	$243K	—	3x	as long as short
edgeX KAITOUSDClong	+0.0114%	4h	0.3500	long leg	$17K	$323K	5x
Paradex KAITO-USD-PERP	+0.0121%	8h	0.3499	−0.013%	$4K	$604	10x	as long as short
BloFin KAITO-USDT	+0.0138%	4h	0.3496	−0.110%	$547K	$67K	75x	as long as short
Kraken Futures PF_KAITOUSD	+0.0400%	1h	0.3500	−0.009%	$246K	$156K	10x	as long as short
01 Exchange KAITOUSD	+0.0632%	1h	0.3500	+0.004%	$6K	$2K	3x	as long as short
Hyperliquid KAITO	+0.0827%	1h	0.3502	+0.053%	$2.1M	$817K	5x	as long as short
Lighter KAITO	+0.1040%	1h	0.3510	+0.290%	$86K	$92K	5x	as long as short