KAITO

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0070%/8h= −7.7% APRnext payment −$0.09 per $10,000 · paid last 24h +0.211%

Price spread now: Kraken Futures against Polymarket Perps−0.018%48s7-day average 0.000% · you buy dearer than you sell

Net, funding: paid 7d − costs−$58as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$1681.680% of the position

Long on Polymarket Perps Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 7 days+1.097%+$110 on $10k

Price spread, last 4 days (all we have)+0.054%+$5 · spread now −0.018%, 7d avg 0.000%

Together, before fees+1.151%+$115 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of 0.000%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +1.097%, so the current rate has only just turned against you. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps KAITO-USD	0.3522	0.0100	pay 0.0013% / 1h	14m 20s	$21K	$4.5M	5x
Short	Kraken Futures PF_KAITOUSD	0.3522	0.0030	get 0.0004% / 1h	14m 20s	$247K	$156K	10x

Funding 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 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 Kraken FuturesbpOrdersPrice spread, now −0.018%Rate

Funding earned: −$14.7
Price spread: −0.018% → 0.000%: −$1.81
Slippage, 4 orders: −$150
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$184.51
Costs to cover: 1.680%
Break-even: never at this rate

Slippage from Polymarket Perps: live order book, 5 min ago; Kraken Futures: live order book, 38 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	2.41 bp	6.4 bp −$6	6.6 bp −$66	doesn't fit	doesn't fit
Sell Kraken Futures live order book, 38 min ago	5.65 bp	81.1 bp −$81	193.4 bp −$1,934	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
Backpack KAITO_USDC_PERP	−0.0359%	1h	0.3520	−0.065%	$19K	$179K	10x	as long as short
Reya KAITORUSDPERP	0.0000%	1h	0.3370	−4.315%	—	—	—	as long as short
Injective KAITO/USDC PERP	+0.0009%	1h	0.3511	−0.324%	$7K	$52K	12x	as long as short
Kraken Futures PF_KAITOUSDshort	+0.0030%	1h	0.3522	−0.018%	$247K	$156K	10x
BloFin KAITO-USDT	+0.0079%	4h	0.3519	−0.097%	$561K	$68K	75x	as long as short
Aster KAITOUSDT	+0.0100%	4h	0.3522	−0.013%	$119K	$50K	10x	as long as short
Pacifica KAITO	+0.0100%	1h	0.3523	+0.012%	$18K	$14K	5x	as long as short
Binance KAITOUSDT	+0.0100%	4h	0.3519	−0.097%	$10.7M	$16.8M	75x	as long as short
Bybit KAITOUSDT	+0.0100%	4h	0.3522	−0.011%	$4.4M	$7.8M	75x	as long as short
OKX KAITO-USDT-SWAP	+0.0100%	4h	0.3516	−0.182%	$4.3M	$10.8M	50x	as long as short

Show all 27 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate KAITO_USDT	+0.0100%	4h	0.3521	−0.040%	$665K	$1.7M	75x	as long as short
MEXC KAITO_USDT	+0.0100%	4h	0.3518	−0.125%	$3.2M	$1.1M	50x	as long as short
KuCoin KAITOUSDTM	+0.0100%	4h	0.3524	+0.045%	$1.4M	$168K	30x	as long as short
Bitget KAITOUSDT	+0.0100%	4h	0.3525	+0.074%	$4.4M	$3.4M	75x	as long as short
BingX KAITO-USDT	+0.0100%	4h	0.3520	−0.068%	—	$6.8M	—	as long as short
Variational Omni KAITO	+0.0100%	4h	0.3528	+0.170%	$44K	$211K	—	as long as short
GRVT KAITO_USDT_Perp	+0.0100%	4h	0.3527	+0.138%	$250K	$2.5M	10x	as long as short
ApeX Omni KAITOUSDT	+0.0100%	1h	0.3532	+0.273%	$30K	$261K	50x	as long as short
Polymarket Perps KAITO-USDlong	+0.0100%	1h	0.3522	long leg	$21K	$4.5M	5x
Orderly PERP_KAITO_USDC_mythos	+0.0100%	4h	0.3521	−0.043%	$3K	$2K	10x	as long as short
Paradex KAITO-USD-PERP	+0.0102%	8h	0.3520	−0.080%	$4K	$604	10x	as long as short
Extended KAITO-USD	+0.0104%	1h	0.3520	−0.068%	$79K	$62K	10x	as long as short
Aevo KAITO-PERP	+0.0104%	1h	0.3519	−0.082%	$244K	—	3x	as long as short
edgeX KAITOUSDC	+0.0107%	4h	0.3528	+0.156%	$17K	$326K	5x	as long as short
Hyperliquid KAITO	+0.0713%	1h	0.3526	+0.114%	$2.1M	$831K	5x	as long as short
Lighter KAITO	+0.1288%	1h	0.3537	+0.414%	$88K	$101K	5x	as long as short
01 Exchange KAITOUSD	+0.6104%	1h	0.3600	+2.206%	$6K	$2K	3x	as long as short