Funding you earn now, next payment 12:00 UTC−0.0723%/8h= −79.2% APRnext payment −$0.90 per $10,000 · paid last 24h +0.098%
Price spread now: Kraken Futures against Polymarket Perps−0.239%7-day average −0.010% · 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−$212as in the Price arb table
costs, in and out, $10k−$1891.895% of the position
Funding, last 7 days+1.075%+$108 on $10k
+Price spread, last 4 days (all we have)+0.260%+$26 · spread now −0.239%, 7d avg −0.010%
=Both sides work against this trade now: funding costs −$22 a day on $10k at the current rate, and Kraken Futures is 0.229% cheaper against Polymarket Perps than usual: you would sell low and buy high (−$23 if the spread goes back to its 7-day average of −0.010%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +1.075%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps KAITO-USD | 0.3451 | 0.0100 | pay 0.0013% / 1h | 48m 40s | $11K | $4.8M | 5x |
| Short | Kraken Futures PF_KAITOUSD | 0.3443 | −0.0623 | pay 0.0078% / 1h | 48m 40s | $242K | $159K | 10x |
Polymarket Perps KAITO-USD
Kraken Futures PF_KAITOUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- −$151.87
- Price spread: −0.239% → −0.010%
- −$22.93
- Slippage, 4 orders
- −$171.48
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$364.28
- Costs to cover
- 1.895%
- Break-even
- never at this rate
Slippage from Polymarket Perps: live order book, 3 min ago; Kraken Futures: live order book, 57 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, 3 min ago | 2.17 bp | 7.2 bp −$7 | 7.6 bp −$76 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 57 min ago | 5.77 bp | 88.4 bp −$88 | 166.3 bp −$1,663 | doesn't fit | doesn't fit |
KAITO on 27 exchanges
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_KAITOUSDshort | −0.0623% | 1h | 0.3443 | −0.239% | $242K | $159K | 10x | |
| Backpack KAITO_USDC_PERP | −0.0341% | 1h | 0.3446 | −0.142% | $20K | $201K | 10x | as long as short |
| Reya KAITORUSDPERP | 0.0000% | 1h | 0.3370 | −2.340% | — | — | — | as long as short |
| Injective KAITO/USDC PERP | +0.0033% | 1h | 0.3473 | +0.637% | $7K | $41K | 12x | as long as short |
| Hyperliquid KAITO | +0.0100% | 1h | 0.3461 | +0.290% | $2.0M | $874K | 5x | as long as short |
| Aster KAITOUSDT | +0.0100% | 4h | 0.3460 | +0.261% | $114K | $59K | 10x | as long as short |
| Pacifica KAITO | +0.0100% | 1h | 0.3459 | +0.223% | $18K | $7K | 5x | as long as short |
| Binance KAITOUSDT | +0.0100% | 4h | 0.3460 | +0.261% | $10.5M | $17.3M | 75x | as long as short |
| Bybit KAITOUSDT | +0.0100% | 4h | 0.3462 | +0.319% | $4.6M | $9.1M | 75x | as long as short |
| OKX KAITO-USDT-SWAP | +0.0100% | 4h | 0.3456 | +0.145% | $4.2M | $10.7M | 50x | as long as short |
Backpack KAITO_USDC_PERP
Reya KAITORUSDPERP
Injective KAITO/USDC PERP
Hyperliquid KAITO
Aster KAITOUSDT
Pacifica KAITO
Binance KAITOUSDT
Bybit KAITOUSDT
OKX KAITO-USDT-SWAPShow all 27 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate KAITO_USDT | +0.0100% | 4h | 0.3452 | +0.029% | $644K | $1.5M | 75x | as long as short |
| MEXC KAITO_USDT | +0.0100% | 4h | 0.3458 | +0.203% | $3.1M | $1.3M | 50x | as long as short |
| KuCoin KAITOUSDTM | +0.0100% | 4h | 0.3458 | +0.203% | $1.3M | $176K | 30x | as long as short |
| Bitget KAITOUSDT | +0.0100% | 4h | 0.3463 | +0.348% | $4.4M | $3.8M | 75x | as long as short |
| BingX KAITO-USDC | +0.0100% | 4h | 0.3456 | +0.145% | — | $6.5M | — | as long as short |
| Variational Omni KAITO | +0.0100% | 4h | 0.3455 | +0.104% | $47K | $110K | — | as long as short |
| GRVT KAITO_USDT_Perp | +0.0100% | 4h | 0.3456 | +0.145% | $242K | $2.2M | 10x | as long as short |
| ApeX Omni KAITOUSDT | +0.0100% | 1h | 0.3453 | +0.058% | $29K | $256K | 50x | as long as short |
| Polymarket Perps KAITO-USDlong | +0.0100% | 1h | 0.3451 | long leg | $11K | $4.8M | 5x | |
| Orderly PERP_KAITO_USDC_mythos | +0.0100% | 4h | 0.3442 | −0.275% | $3K | $2K | 10x | as long as short |
| Paradex KAITO-USD-PERP | +0.0101% | 8h | 0.3459 | +0.238% | $4K | — | 10x | as long as short |
| Extended KAITO-USD | +0.0104% | 1h | 0.3455 | +0.111% | $90K | $80K | 10x | as long as short |
| Aevo KAITO-PERP | +0.0104% | 1h | 0.3441 | −0.299% | $239K | — | 3x | as long as short |
| BloFin KAITO-USDT | +0.0108% | 4h | 0.3446 | −0.145% | $560K | $64K | 75x | as long as short |
| edgeX KAITOUSDC | +0.0117% | 4h | 0.3452 | +0.019% | $17K | $329K | 5x | as long as short |
| Lighter KAITO | +0.0392% | 1h | 0.3472 | +0.620% | $91K | $100K | 5x | as long as short |
| 01 Exchange KAITOUSD | +0.6408% | 1h | 0.3544 | +2.683% | $6K | $504 | 3x | 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
Paradex KAITO-USD-PERP
Extended KAITO-USD
Aevo KAITO-PERP
BloFin KAITO-USDT
edgeX KAITOUSDC
Lighter KAITO
01 Exchange KAITOUSD