Funding arb · Price arb /

KAITO

all KAITO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.004%

Price spread now: ApeX Omni against Polymarket Perps−0.116%7-day average −0.045% · you buy dearer than you sell

Net, funding: paid 7d − costs−$383as in the Funding arb table

Net, price: spread back to 7d avg − costs−$429as in the Price arb table

costs, in and out, $10k−$4224.223% of the position

Long on Polymarket Perps Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days+0.392%+$39 on $10k

Price spread, last 3 days (all we have)−0.113%−$11 · spread now −0.116%, 7d avg −0.045%

Together, before fees+0.279%+$28 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: ApeX Omni is 0.070% cheaper against Polymarket Perps than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of −0.045%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps KAITO-USD	0.3460	0.0100	pay 0.0013% / 1h	27m 23s	$13K	$4.1M	5x
Short	ApeX Omni KAITOUSDT	0.3456	0.0100	get 0.0013% / 1h	27m 23s	$29K	$256K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Polymarket Perps. 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 Polymarket PerpsbpFee ApeX OmnibpOrdersPrice spread, now −0.116%Rate

Funding earned: $0
Price spread: −0.116% → −0.045%: −$7.02
Slippage, 4 orders: −$404.35
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$429.37
Costs to cover: 4.223%
Break-even: never at this rate

Slippage from Polymarket Perps: live order book, 2 min ago; ApeX Omni: live order book, 54 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 Polymarket Perps live order book, 2 min ago	2.60 bp	6.6 bp −$7	6.9 bp −$69	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 54 min ago	5.78 bp	224.1 bp −$224	doesn't fit	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	−0.0433%	1h	0.3462	+0.053%	$237K	$158K	10x	as long as short
Injective KAITO/USDC PERP	−0.0055%	1h	0.3446	−0.405%	$7K	$52K	12x	as long as short
Reya KAITORUSDPERP	0.0000%	1h	0.3370	−2.596%	—	—	—	as long as short
Aster KAITOUSDT	+0.0100%	4h	0.3459	−0.031%	$116K	$34K	10x	as long as short
Pacifica KAITO	+0.0100%	1h	0.3459	−0.029%	$18K	$12K	5x	as long as short
Binance KAITOUSDT	+0.0100%	4h	0.3458	−0.065%	$10.4M	$15.6M	75x	as long as short
Bybit KAITOUSDT	+0.0100%	4h	0.3461	+0.029%	$4.3M	$6.7M	75x	as long as short
OKX KAITO-USDT-SWAP	+0.0100%	4h	0.3457	−0.087%	$4.1M	$9.9M	50x	as long as short
Gate KAITO_USDT	+0.0100%	4h	0.3459	−0.029%	$675K	$1.7M	75x	as long as short
MEXC KAITO_USDT	+0.0100%	4h	0.3458	−0.058%	$3.3M	$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	0.3461	+0.029%	$1.4M	$167K	30x	as long as short
Bitget KAITOUSDT	+0.0100%	4h	0.3462	+0.058%	$4.2M	$2.9M	75x	as long as short
BingX KAITO-USDT	+0.0100%	4h	0.3459	−0.029%	—	$6.7M	—	as long as short
Backpack KAITO_USDC_PERP	+0.0100%	1h	0.3460	−0.009%	$18K	$168K	10x	as long as short
Variational Omni KAITO	+0.0100%	4h	0.3462	+0.060%	$43K	$234K	—	as long as short
GRVT KAITO_USDT_Perp	+0.0100%	4h	0.3459	−0.016%	$241K	$3.1M	10x	as long as short
ApeX Omni KAITOUSDTshort	+0.0100%	1h	0.3456	−0.116%	$29K	$256K	50x
Polymarket Perps KAITO-USDlong	+0.0100%	1h	0.3460	long leg	$13K	$4.1M	5x
Orderly PERP_KAITO_USDC_mythos	+0.0100%	4h	0.3458	−0.069%	$3K	$2K	10x	as long as short
Paradex KAITO-USD-PERP	+0.0101%	8h	0.3458	−0.064%	$4K	$604	10x	as long as short
edgeX KAITOUSDC	+0.0101%	4h	0.3458	−0.050%	$17K	$320K	5x	as long as short
Extended KAITO-USD	+0.0104%	1h	0.3462	+0.047%	$62K	$41K	10x	as long as short
Aevo KAITO-PERP	+0.0104%	1h	0.3460	+0.013%	$240K	$1K	3x	as long as short
BloFin KAITO-USDT	+0.0126%	4h	0.3461	+0.029%	$537K	$59K	75x	as long as short
01 Exchange KAITOUSD	+0.0280%	1h	0.3459	−0.023%	$6K	$2K	3x	as long as short
Hyperliquid KAITO	+0.0769%	1h	0.3464	+0.121%	$2.0M	$740K	5x	as long as short
Lighter KAITO	+0.1216%	1h	0.3471	+0.315%	$83K	$82K	5x	as long as short