Funding you earn now, next payment 22:00 UTC−0.0495%/8h= −54.2% APRnext payment −$0.62 per $10,000 · paid last 24h −0.045%
Price spread now: Polymarket Perps against Hyperliquid−0.321%7-day average −0.063% · you buy dearer than you sell
Net, funding: paid 7d − costs−$82as in the Funding arb table
Net, price: spread back to 7d avg − costs−$63as in the Price arb table
costs, in and out, $10k−$370.372% of the position
Funding, last 7 days−0.448%−$45 on $10k
+Price spread, last 7 days+0.276%+$28 · spread now −0.321%, 7d avg −0.063%
=Together, before fees−0.171%+ Points / potential airdropHyperliquid: Season 2 · farm board−$17 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$15 a day on $10k at the current rate, and Polymarket Perps is 0.258% cheaper against Hyperliquid than usual: you would sell low and buy high (−$26 if the spread goes back to its 7-day average of −0.063%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid KAITO | 0.3442 | 0.0595 | pay 0.0074% / 1h | 54m 07s | $2.0M | $738K | 5x |
| Short | Polymarket Perps KAITO-USD | 0.3431 | 0.0100 | get 0.0013% / 1h | 54m 07s | $16K | $3.8M | 5x |
Hyperliquid KAITO
Polymarket Perps KAITO-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against Hyperliquid. 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
- −$103.93
- Price spread: −0.321% → −0.063%
- −$25.84
- Slippage, 4 orders
- −$20.17
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$166.94
- Costs to cover
- 0.372%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 7 min ago; Polymarket Perps: live order book, 5 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 Hyperliquid live order book, 7 min ago | 1.74 bp | 8.6 bp −$9 | doesn't fit | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 5 min ago | 2.18 bp | 6.6 bp −$7 | 7.4 bp −$74 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_KAITOUSD | −0.0258% | 1h | 0.3432 | −0.290% | $234K | $160K | 10x | as long as short |
| Backpack KAITO_USDC_PERP | −0.0086% | 1h | 0.3434 | −0.234% | $18K | $173K | 10x | as long as short |
| Injective KAITO/USDC PERP | −0.0057% | 1h | 0.3442 | −0.004% | $7K | $52K | 12x | as long as short |
| Reya KAITORUSDPERP | 0.0000% | 1h | 0.3370 | −2.084% | — | — | — | as long as short |
| BloFin KAITO-USDT | +0.0040% | 4h | 0.3442 | −0.004% | $538K | $59K | 75x | as long as short |
| Aster KAITOUSDT | +0.0100% | 4h | 0.3432 | −0.282% | $115K | $34K | 10x | as long as short |
| Pacifica KAITO | +0.0100% | 1h | 0.3440 | −0.060% | $17K | $12K | 5x | as long as short |
| Binance KAITOUSDT | +0.0100% | 4h | 0.3433 | −0.259% | $10.4M | $15.6M | 75x | as long as short |
| Bybit KAITOUSDT | +0.0100% | 4h | 0.3435 | −0.208% | $4.2M | $6.6M | 75x | as long as short |
| OKX KAITO-USDT-SWAP | +0.0100% | 4h | 0.3433 | −0.266% | $4.1M | $9.9M | 50x | as long as short |
Kraken Futures PF_KAITOUSD
Backpack KAITO_USDC_PERP
Injective KAITO/USDC PERP
Reya KAITORUSDPERP
BloFin KAITO-USDT
Aster KAITOUSDT
Pacifica KAITO
Binance KAITOUSDT
Bybit KAITOUSDT
OKX KAITO-USDT-SWAPShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate KAITO_USDT | +0.0100% | 4h | 0.3434 | −0.237% | $666K | $1.7M | 75x | as long as short |
| MEXC KAITO_USDT | +0.0100% | 4h | 0.3433 | −0.266% | $3.2M | $1.0M | 50x | as long as short |
| KuCoin KAITOUSDTM | +0.0100% | 4h | 0.3435 | −0.208% | $1.4M | $184K | 30x | as long as short |
| Bitget KAITOUSDT | +0.0100% | 4h | 0.3440 | −0.062% | $4.2M | $2.9M | 75x | as long as short |
| BingX KAITO-USDC | +0.0100% | 4h | 0.3436 | −0.179% | — | $6.5M | — | as long as short |
| Variational Omni KAITO | +0.0100% | 4h | 0.3443 | +0.039% | $43K | $237K | — | as long as short |
| GRVT KAITO_USDT_Perp | +0.0100% | 4h | 0.3441 | −0.032% | $237K | $3.2M | 10x | as long as short |
| ApeX Omni KAITOUSDT | +0.0100% | 1h | 0.3441 | −0.033% | $29K | $256K | 50x | as long as short |
| Polymarket Perps KAITO-USDshort | +0.0100% | 1h | 0.3431 | −0.321% | $16K | $3.8M | 5x | |
| Orderly PERP_KAITO_USDC_mythos | +0.0100% | 4h | 0.3432 | −0.280% | $3K | $2K | 10x | as long as short |
| Extended KAITO-USD | +0.0104% | 1h | 0.3436 | −0.182% | $61K | $41K | 10x | as long as short |
| Aevo KAITO-PERP | +0.0104% | 1h | 0.3434 | −0.236% | $238K | $1K | 3x | as long as short |
| Paradex KAITO-USD-PERP | +0.0104% | 8h | 0.3433 | −0.275% | $4K | $604 | 10x | as long as short |
| edgeX KAITOUSDC | +0.0106% | 4h | 0.3441 | −0.047% | $17K | $319K | 5x | as long as short |
| 01 Exchange KAITOUSD | +0.0328% | 1h | 0.3429 | −0.379% | $6K | $2K | 3x | as long as short |
| Hyperliquid KAITOlong | +0.0595% | 1h | 0.3442 | long leg | $2.0M | $738K | 5x | |
| Lighter KAITO | +0.0880% | 1h | 0.3447 | +0.132% | $82K | $82K | 5x | as long as short |
Gate KAITO_USDT
MEXC KAITO_USDT
KuCoin KAITOUSDTM
Bitget KAITOUSDT
BingX KAITO-USDC
Variational Omni KAITO
GRVT KAITO_USDT_Perp
ApeX Omni KAITOUSDT
Orderly PERP_KAITO_USDC_mythos
Extended KAITO-USD
Aevo KAITO-PERP
Paradex KAITO-USD-PERP
edgeX KAITOUSDC
01 Exchange KAITOUSD
Lighter KAITO