Funding you earn now, next payment 01:00 UTC−0.0750%/8h= −82.2% APRnext payment −$0.94 per $10,000 · paid last 24h −0.174%
Price spread now: Polymarket Perps against Kraken Futures−0.014%7-day average −0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs−$291as in the Funding arb table
Net, price: spread back to 7d avg − costs−$184as in the Price arb table
costs, in and out, $10k−$1831.827% of the position
Funding, last 7 days−1.082%−$108 on $10k
+Price spread, last 3 days (all we have)+0.005%$0 · spread now −0.014%, 7d avg −0.001%
=The price spread sits at its 7-day average of −0.001%, so right now this pair is about funding alone: −$23 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_KAITOUSD | 0.3486 | 0.0852 | pay 0.0107% / 1h | 47m 04s | $240K | $158K | 10x |
| Short | Polymarket Perps KAITO-USD | 0.3486 | 0.0102 | get 0.0013% / 1h | 47m 04s | $8K | $4.1M | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against Kraken Futures. 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
- −$157.6
- Price spread: −0.014% → −0.001%
- −$1.31
- Slippage, 4 orders
- −$164.67
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$341.57
- Costs to cover
- 1.827%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 25 min ago; Polymarket Perps: live order book, 2 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 Kraken Futures live order book, 25 min ago | 7.20 bp | 91.9 bp −$92 | 12066.4 bp −$120.7K | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 2 min ago | 1.58 bp | 5.9 bp −$6 | 7.0 bp −$70 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective KAITO/USDC PERP | −0.0015% | 1h | 0.3476 | −0.301% | $7K | $52K | 12x | as long as short |
| Reya KAITORUSDPERP | 0.0000% | 1h | 0.3370 | −3.336% | — | — | — | as long as short |
| Aster KAITOUSDT | +0.0100% | 4h | 0.3481 | −0.163% | $116K | $34K | 10x | as long as short |
| Pacifica KAITO | +0.0100% | 1h | 0.3484 | −0.067% | $18K | $12K | 5x | as long as short |
| Binance KAITOUSDT | +0.0100% | 4h | 0.3484 | −0.075% | $10.6M | $15.8M | 75x | as long as short |
| Bybit KAITOUSDT | +0.0100% | 4h | 0.3488 | +0.043% | $4.4M | $6.8M | 75x | as long as short |
| OKX KAITO-USDT-SWAP | +0.0100% | 4h | 0.3483 | −0.100% | $4.2M | $10.0M | 50x | as long as short |
| Gate KAITO_USDT | +0.0100% | 4h | 0.3486 | −0.014% | $696K | $1.7M | 75x | as long as short |
| MEXC KAITO_USDT | +0.0100% | 4h | 0.3483 | −0.100% | $3.4M | $1.0M | 50x | as long as short |
| KuCoin KAITOUSDTM | +0.0100% | 4h | 0.3485 | −0.043% | $1.4M | $166K | 30x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget KAITOUSDT | +0.0100% | 4h | 0.3487 | +0.015% | $4.3M | $3.0M | 75x | as long as short |
| BingX KAITO-USDC | +0.0100% | 4h | 0.3485 | −0.043% | — | $6.5M | — | as long as short |
| Backpack KAITO_USDC_PERP | +0.0100% | 1h | 0.3483 | −0.097% | $18K | $164K | 10x | as long as short |
| Variational Omni KAITO | +0.0100% | 4h | 0.3481 | −0.144% | $44K | $230K | — | as long as short |
| GRVT KAITO_USDT_Perp | +0.0100% | 4h | 0.3481 | −0.165% | $235K | $2.9M | 10x | as long as short |
| ApeX Omni KAITOUSDT | +0.0100% | 1h | 0.3479 | −0.215% | $30K | $257K | 50x | as long as short |
| Orderly PERP_KAITO_USDC_mythos | +0.0100% | 4h | 0.3482 | −0.120% | $3K | $2K | 10x | as long as short |
| Paradex KAITO-USD-PERP | +0.0102% | 8h | 0.3483 | −0.109% | $4K | $604 | 10x | as long as short |
| Polymarket Perps KAITO-USDshort | +0.0102% | 1h | 0.3486 | −0.014% | $8K | $4.1M | 5x | |
| Extended KAITO-USD | +0.0104% | 1h | 0.3485 | −0.035% | $78K | $57K | 10x | as long as short |
| Aevo KAITO-PERP | +0.0104% | 1h | 0.3484 | −0.057% | $242K | — | 3x | as long as short |
| edgeX KAITOUSDC | +0.0115% | 4h | 0.3480 | −0.174% | $17K | $323K | 5x | as long as short |
| BloFin KAITO-USDT | +0.0153% | 4h | 0.3486 | −0.014% | $546K | $61K | 75x | as long as short |
| Kraken Futures PF_KAITOUSDlong | +0.0852% | 1h | 0.3486 | long leg | $240K | $158K | 10x | |
| Hyperliquid KAITO | +0.0956% | 1h | 0.3491 | +0.129% | $2.0M | $766K | 5x | as long as short |
| Lighter KAITO | +0.1728% | 1h | 0.3497 | +0.299% | $89K | $89K | 5x | as long as short |
| 01 Exchange KAITOUSD | +0.8784% | 1h | 0.3575 | +2.527% | $6K | $2K | 3x | as long as short |
Kraken Futures PF_KAITOUSD
Polymarket Perps KAITO-USD
Injective KAITO/USDC PERP
Aster KAITOUSDT
Pacifica KAITO
Binance KAITOUSDT
Bybit KAITOUSDT
OKX KAITO-USDT-SWAP
Gate KAITO_USDT
MEXC KAITO_USDT
KuCoin KAITOUSDTM
Bitget KAITOUSDT
BingX KAITO-USDC
Backpack KAITO_USDC_PERP
Variational Omni KAITO
GRVT KAITO_USDT_Perp
ApeX Omni KAITOUSDT
Paradex KAITO-USD-PERP
Extended KAITO-USD
edgeX KAITOUSDC
BloFin KAITO-USDT
Hyperliquid KAITO
Lighter KAITO
01 Exchange KAITOUSD