Settings8H · net · $10k
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FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
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Funding arb · Price arb / Crypto

KAITO

All KAITO markets →
Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG
PopdexKAITOUSDT
0.2529+0.0096pay 0.0012% / 1h58m 35s$52K$154K20xLong Popdex
SHORT
Polymarket PerpsKAITO-USD
0.2529−0.1169pay 0.0146% / 1h58m 35s$28K$318K5xShort Polymarket Perps
Price gap−0.020%
Funding gap−0.1265% /8h

Funding costs $38 a day on $10k at the current rate. Swap the legs.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding−$136−0.1265% /8h now · paid −1.364% over the last 7D
Price$0spread −0.020% now, avg −0.024% → +0.005% if it goes back
Costs−$800.802% of $10k · taker + slippage, in and out
Result−$216−2.16%no pointsWhat the last 7D really paid, hour by hour → backtest

Price and funding

1h · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.020%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

KAITO on 29 exchanges

lowest funding first

Before you open

2 ok · 2 to watch
  • Watch: Thin at this size31.2 / 6.8 bp
    At $10k entering Popdex costs 31.2 bp, fee and slippage, 4.6× Polymarket Perps’s.
  • Note: Margin at max leverage$500 + $2,000
    Popdex 20x, Polymarket Perps 5x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • OK: Same payment interval1h / 1h
    Both legs pay at the same time.
    Next 24h at the current rates, on $10k a leg: −$37.95Long Popdex: 24 payments, −$2.88; short Polymarket Perps: 24 payments, −$35.07.
  • Note: Gap at its usual level−0.020% vs −0.024%
    The price leg adds little either way.
  • Watch: Short leg is thinner$28K vs $52K OI
    Polymarket Perps sets your exit cost. Check its book before closing.
  • Note: No points program—
    Neither exchange runs points right now.
  • OK: No KYC on either legPopdex No · Polymarket Perps No
    Both exchanges let you trade without ID.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned−0.0650%/8h × 21 periods−$136.42
Price spread−0.020% → −0.024% (7d avg)+$0.45
Slippage, 4 orderslive order books−$65.82
Fee Popdex bp × 2 orders−$6.40
Fee Polymarket Perps bp × 2 orders−$8.00
Net · 7 days · $10k−$216.18
Costs to cover0.802%Break-evennever at this rate
Slippage: Popdex: live order book, 54 min ago; Polymarket Perps: live order book, 55 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGPopdex5.9131.2 bp−$3168.2 bp−$682doesn’t fitdoesn’t fit
SELL · SHORTPolymarket Perps2.376.8 bp−$7doesn’t fitdoesn’t fitdoesn’t fit

Closing costs about the same again.

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