Funding arb · Price arb /

KAITO

all KAITO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.006%

Price spread now: MEXC against Polymarket Perps−0.057%7-day average −0.020% · you buy dearer than you sell

Net, funding: paid 7d − costs+$14as in the Funding arb table

Net, price: spread back to 7d avg − costs−$23as in the Price arb table

costs, in and out, $10k−$190.190% of the position

Long on Polymarket Perps Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.328%+$33 on $10k

Price spread, last 7 days+0.058%+$6 · spread now −0.057%, 7d avg −0.020%

Together, before fees+0.386%+$39 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: MEXC is 0.037% cheaper against Polymarket Perps than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.020%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps KAITO-USD	0.3514	0.0100	pay 0.0013% / 1h	12m 19s	$12K	$4.7M	5x
Short	MEXC KAITO_USDT	0.3512	0.0100	get 0.0050% / 4h	2h 12m	$3.0M	$1.2M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now −0.057%Rate

Funding earned: $0
Price spread: −0.057% → −0.020%: −$3.71
Slippage, 4 orders: −$10.97
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee MEXC: 0 bp × 2 orders: $0
Net: −$22.68
Costs to cover: 0.190%
Break-even: never at this rate

Slippage from Polymarket Perps: live order book, 2 min ago; MEXC: 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 Polymarket Perps live order book, 2 min ago	2.13 bp	6.1 bp −$6	6.4 bp −$64	doesn't fit	doesn't fit
Sell MEXC live order book, 5 min ago	1.43 bp	2.5 bp −$2	12.1 bp −$121	75.6 bp −$7,560	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
Injective KAITO/USDC PERP	−0.0060%	1h	0.3470	−1.252%	$7K	$52K	12x	as long as short
Backpack KAITO_USDC_PERP	−0.0022%	1h	0.3511	−0.088%	$20K	$186K	10x	as long as short
Reya KAITORUSDPERP	0.0000%	1h	0.3370	−4.087%	—	—	—	as long as short
Aster KAITOUSDT	+0.0100%	4h	0.3511	−0.099%	$118K	$51K	10x	as long as short
Pacifica KAITO	+0.0100%	1h	0.3513	−0.031%	$18K	$14K	5x	as long as short
Binance KAITOUSDT	+0.0100%	4h	0.3512	−0.058%	$10.7M	$17.2M	75x	as long as short
Bybit KAITOUSDT	+0.0100%	4h	0.3514	0.000%	$4.4M	$8.0M	75x	as long as short
OKX KAITO-USDT-SWAP	+0.0100%	4h	0.3511	−0.085%	$4.3M	$11.0M	50x	as long as short
Gate KAITO_USDT	+0.0100%	4h	0.3511	−0.085%	$660K	$1.7M	75x	as long as short
MEXC KAITO_USDTshort	+0.0100%	4h	0.3512	−0.057%	$3.0M	$1.2M	50x

Show all 27 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin KAITOUSDTM	+0.0100%	4h	0.3513	−0.028%	$1.4M	$171K	30x	as long as short
Bitget KAITOUSDT	+0.0100%	4h	0.3510	−0.114%	$4.4M	$3.5M	75x	as long as short
BingX KAITO-USDC	+0.0100%	4h	0.3512	−0.057%	—	$6.5M	—	as long as short
Variational Omni KAITO	+0.0100%	4h	0.3503	−0.301%	$44K	$211K	—	as long as short
GRVT KAITO_USDT_Perp	+0.0100%	4h	0.3505	−0.268%	$239K	$2.5M	10x	as long as short
ApeX Omni KAITOUSDT	+0.0100%	1h	0.3507	−0.199%	$29K	$261K	50x	as long as short
Polymarket Perps KAITO-USDlong	+0.0100%	1h	0.3514	long leg	$12K	$4.7M	5x
Orderly PERP_KAITO_USDC_mythos	+0.0100%	4h	0.3511	−0.074%	$3K	$2K	10x	as long as short
Extended KAITO-USD	+0.0104%	1h	0.3512	−0.056%	$80K	$63K	10x	as long as short
Aevo KAITO-PERP	+0.0104%	1h	0.3512	−0.057%	$244K	—	3x	as long as short
edgeX KAITOUSDC	+0.0107%	4h	0.3506	−0.214%	$18K	$327K	5x	as long as short
BloFin KAITO-USDT	+0.0112%	4h	0.3514	0.000%	$551K	$68K	75x	as long as short
Paradex KAITO-USD-PERP	+0.0113%	8h	0.3512	−0.046%	$4K	$604	10x	as long as short
Kraken Futures PF_KAITOUSD	+0.0385%	1h	0.3505	−0.243%	$246K	$155K	10x	as long as short
Hyperliquid KAITO	+0.0839%	1h	0.3516	+0.054%	$2.1M	$860K	5x	as long as short
Lighter KAITO	+0.1504%	1h	0.3523	+0.262%	$87K	$100K	5x	as long as short
01 Exchange KAITOUSD	+0.8200%	1h	0.3589	+2.137%	$6K	$1K	3x	as long as short