Funding you earn now, next payment 22:00 UTC+0.0447%/8h= +49.0% APRnext payment +$0.56 per $10,000 · paid last 24h +0.045%
Price spread now: Hyperliquid against Polymarket Perps+0.172%7-day average +0.063% · you sell dearer than you buy
Net, funding: paid 7d − costs+$8as in the Funding arb table
Net, price: spread back to 7d avg − costs−$26as 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−0.127%−$13 · spread now +0.172%, 7d avg +0.063%
=Together, before fees+0.320%+ Points / potential airdropHyperliquid: Season 2 · farm board+$32 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$13 a day on $10k at the current rate, and Hyperliquid is 0.109% dearer against Polymarket Perps than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.063%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps KAITO-USD | 0.3431 | 0.0100 | pay 0.0013% / 1h | 54m 14s | $16K | $3.8M | 5x |
| Short | Hyperliquid KAITO | 0.3437 | 0.0547 | get 0.0068% / 1h | 54m 14s | $2.0M | $738K | 5x |
Polymarket Perps KAITO-USD
Hyperliquid KAITOFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $93.93
- Price spread: +0.172% → +0.063%
- $10.93
- Slippage, 4 orders
- −$20.17
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $67.69
- Costs to cover
- 0.372%
- Break-even
- 2.0 days
Slippage from Polymarket Perps: live order book, 5 min ago; Hyperliquid: live order book, 7 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, 5 min ago | 2.18 bp | 6.5 bp −$6 | 7.2 bp −$72 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 7 min ago | 1.74 bp | 15.6 bp −$16 | 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 | −0.0258% | 1h | 0.3432 | +0.031% | $234K | $160K | 10x | as long as short |
| Backpack KAITO_USDC_PERP | −0.0121% | 1h | 0.3445 | +0.405% | $18K | $173K | 10x | as long as short |
| Injective KAITO/USDC PERP | −0.0057% | 1h | 0.3442 | +0.318% | $7K | $52K | 12x | as long as short |
| Reya KAITORUSDPERP | 0.0000% | 1h | 0.3370 | −1.769% | — | — | — | as long as short |
| BloFin KAITO-USDT | +0.0040% | 4h | 0.3442 | +0.318% | $538K | $59K | 75x | as long as short |
| Aster KAITOUSDT | +0.0100% | 4h | 0.3431 | +0.006% | $115K | $34K | 10x | as long as short |
| Pacifica KAITO | +0.0100% | 1h | 0.3440 | +0.262% | $17K | $12K | 5x | as long as short |
| Binance KAITOUSDT | +0.0100% | 4h | 0.3432 | +0.040% | $10.4M | $15.6M | 75x | as long as short |
| Bybit KAITOUSDT | +0.0100% | 4h | 0.3433 | +0.055% | $4.2M | $6.6M | 75x | as long as short |
| OKX KAITO-USDT-SWAP | +0.0100% | 4h | 0.3430 | −0.032% | $4.0M | $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 | 0.3435 | +0.114% | $666K | $1.7M | 75x | as long as short |
| MEXC KAITO_USDT | +0.0100% | 4h | 0.3430 | −0.032% | $3.2M | $1.0M | 50x | as long as short |
| KuCoin KAITOUSDTM | +0.0100% | 4h | 0.3434 | +0.085% | $1.4M | $184K | 30x | as long as short |
| Bitget KAITOUSDT | +0.0100% | 4h | 0.3437 | +0.172% | $4.2M | $2.9M | 75x | as long as short |
| BingX KAITO-USDT | +0.0100% | 4h | 0.3433 | +0.055% | — | $6.7M | — | as long as short |
| Variational Omni KAITO | +0.0100% | 4h | 0.3443 | +0.361% | $43K | $237K | — | as long as short |
| GRVT KAITO_USDT_Perp | +0.0100% | 4h | 0.3441 | +0.290% | $237K | $3.2M | 10x | as long as short |
| ApeX Omni KAITOUSDT | +0.0100% | 1h | 0.3441 | +0.289% | $29K | $256K | 50x | as long as short |
| Polymarket Perps KAITO-USDlong | +0.0100% | 1h | 0.3431 | long leg | $16K | $3.8M | 5x | |
| Orderly PERP_KAITO_USDC_mythos | +0.0100% | 4h | 0.3432 | +0.041% | $3K | $2K | 10x | as long as short |
| Extended KAITO-USD | +0.0104% | 1h | 0.3436 | +0.140% | $61K | $41K | 10x | as long as short |
| Aevo KAITO-PERP | +0.0104% | 1h | 0.3434 | +0.086% | $238K | $1K | 3x | as long as short |
| Paradex KAITO-USD-PERP | +0.0104% | 8h | 0.3433 | +0.046% | $4K | $604 | 10x | as long as short |
| edgeX KAITOUSDC | +0.0106% | 4h | 0.3441 | +0.275% | $17K | $319K | 5x | as long as short |
| 01 Exchange KAITOUSD | +0.0328% | 1h | 0.3429 | −0.058% | $6K | $2K | 3x | as long as short |
| Hyperliquid KAITOshort | +0.0547% | 1h | 0.3437 | +0.172% | $2.0M | $738K | 5x | |
| Lighter KAITO | +0.0880% | 1h | 0.3451 | +0.592% | $82K | $82K | 5x | as long as short |
Gate KAITO_USDT
MEXC KAITO_USDT
KuCoin KAITOUSDTM
Bitget KAITOUSDT
BingX KAITO-USDT
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