KAITO

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0516%/8h= +56.5% APRnext payment +$0.64 per $10,000 · paid last 24h −0.167%

Price spread now: Polymarket Perps against Kraken Futures−0.011%7-day average +0.006% · you buy dearer than you sell

Net, funding: paid 7d − costs−$7,690as in the Funding arb table

Net, price: spread back to 7d avg − costs−$7,580as in the Price arb table

costs, in and out, $10k−$7,57975.786% of the position

Long on Kraken Futures Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days−1.111%−$111 on $10k

Price spread, last 4 days (all we have)−0.040%−$4 · spread now −0.011%, 7d avg +0.006%

Together, before fees−1.151%−$115 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.006%, so right now this pair is about funding alone: +$15 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −1.111%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_KAITOUSD	0.3500	−0.0416	get 0.0052% / 1h	0m 12s	$247K	$164K	10x
Short	Polymarket Perps KAITO-USD	0.3500	0.0100	get 0.0013% / 1h	0m 12s	$18K	$5.0M	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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 Polymarket PerpsbpOrdersPrice spread, now −0.011%Rate

Funding earned: $108.28
Price spread: −0.011% → +0.006%: −$1.7
Slippage, 4 orders: −$7,560.61
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$7,472.03
Costs to cover: 75.786%
Break-even: 490.1 days

Slippage from Kraken Futures: live order book, 32 min ago; Polymarket Perps: live order book, 64 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, 32 min ago	4.30 bp	7406.2 bp −$7,406	16458.4 bp −$164.6K	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 64 min ago	2.70 bp	6.7 bp −$7	10.3 bp −$103	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_KAITOUSDlong	−0.0416%	1h	0.3500	long leg	$247K	$164K	10x
Backpack KAITO_USDC_PERP	−0.0029%	1h	0.3502	+0.032%	$17K	$199K	10x	as long as short
Reya KAITORUSDPERP	0.0000%	1h	0.3370	−3.715%	—	—	—	as long as short
Injective KAITO/USDC PERP	+0.0020%	1h	0.3535	+0.989%	$7K	$52K	12x	as long as short
Aster KAITOUSDT	+0.0100%	4h	0.3504	+0.095%	$115K	$63K	10x	as long as short
Pacifica KAITO	+0.0100%	1h	0.3503	+0.084%	$19K	$15K	5x	as long as short
Binance KAITOUSDT	+0.0100%	4h	0.3501	+0.018%	$10.7M	$17.9M	75x	as long as short
Bybit KAITOUSDT	+0.0100%	4h	0.3501	+0.018%	$4.5M	$8.9M	75x	as long as short
OKX KAITO-USDT-SWAP	+0.0100%	4h	0.3498	−0.068%	$4.3M	$11.6M	50x	as long as short
Gate KAITO_USDT	+0.0100%	4h	0.3503	+0.075%	$653K	$1.8M	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	0.3501	+0.018%	$3.5M	$1.3M	50x	as long as short
KuCoin KAITOUSDTM	+0.0100%	4h	0.3505	+0.132%	$1.4M	$171K	30x	as long as short
Bitget KAITOUSDT	+0.0100%	4h	0.3505	+0.132%	$4.5M	$3.7M	75x	as long as short
BingX KAITO-USDT	+0.0100%	4h	0.3502	+0.047%	—	$6.8M	—	as long as short
Variational Omni KAITO	+0.0100%	4h	0.3502	+0.042%	$45K	$211K	—	as long as short
GRVT KAITO_USDT_Perp	+0.0100%	4h	0.3506	+0.163%	$244K	$2.3M	10x	as long as short
ApeX Omni KAITOUSDT	+0.0100%	1h	0.3506	+0.161%	$29K	$258K	50x	as long as short
Polymarket Perps KAITO-USDshort	+0.0100%	1h	0.3500	−0.011%	$18K	$5.0M	5x
Orderly PERP_KAITO_USDC_mythos	+0.0100%	4h	0.3502	+0.038%	$3K	$2K	10x	as long as short
Paradex KAITO-USD-PERP	+0.0103%	8h	0.3501	+0.028%	$4K	$604	10x	as long as short
Extended KAITO-USD	+0.0104%	1h	0.3501	+0.019%	$80K	$63K	10x	as long as short
Aevo KAITO-PERP	+0.0104%	1h	0.3501	+0.018%	$243K	—	3x	as long as short
edgeX KAITOUSDC	+0.0108%	4h	0.3506	+0.153%	$17K	$328K	5x	as long as short
BloFin KAITO-USDT	+0.0123%	4h	0.3501	+0.018%	$550K	$67K	75x	as long as short
Hyperliquid KAITO	+0.0200%	1h	0.3506	+0.148%	$2.0M	$916K	5x	as long as short
Lighter KAITO	+0.0928%	1h	0.3518	+0.489%	$86K	$102K	5x	as long as short
01 Exchange KAITOUSD	+0.4672%	1h	0.3580	+2.278%	$6K	$609	3x	as long as short