Funding arb · Price arb /

KAITO

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.004%

Price spread now: Polymarket Perps against Aster−0.002%7-day average +0.043% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$42as in the Price arb table

costs, in and out, $10k−$370.374% of the position

Long on Aster Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)−0.170%−$17 on $10k

Price spread, last 4 days (all we have)+0.884%+$88 · spread now −0.002%, 7d avg +0.043%

Together, before fees+0.714%+ Points / potential airdropAster: Stage 5 · farm board+$71 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: Polymarket Perps is 0.045% cheaper against Aster than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.043%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster KAITOUSDT	0.3472	0.0100	pay 0.0050% / 4h	23m 00s	$116K	$34K	10x
Short	Polymarket Perps KAITO-USD	0.3472	0.0100	get 0.0013% / 1h	23m 00s	$11K	$4.2M	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against Aster. 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 AsterbpFee Polymarket PerpsbpOrdersPrice spread, now −0.002%Rate

Funding earned: $0
Price spread: −0.002% → +0.043%: −$4.49
Slippage, 4 orders: −$21.39
Fee Aster: 4 bp × 2 orders: −$8
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$41.88
Costs to cover: 0.374%
Break-even: never at this rate

Slippage from Aster: live order book, 53 min ago; Polymarket Perps: live order book, 6 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 Aster live order book, 53 min ago	2.87 bp	13.3 bp −$13	doesn't fit	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 6 min ago	1.73 bp	5.9 bp −$6	6.1 bp −$61	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	−0.0010%	1h	0.3476	+0.111%	$7K	$52K	12x	as long as short
Reya KAITORUSDPERP	0.0000%	1h	0.3370	−2.937%	—	—	—	as long as short
BloFin KAITO-USDT	+0.0088%	4h	0.3470	−0.062%	$545K	$61K	75x	as long as short
Aster KAITOUSDTlong	+0.0100%	4h	0.3472	long leg	$116K	$34K	10x
Pacifica KAITO	+0.0100%	1h	0.3470	−0.048%	$18K	$12K	5x	as long as short
Binance KAITOUSDT	+0.0100%	4h	0.3471	−0.023%	$10.5M	$15.7M	75x	as long as short
Bybit KAITOUSDT	+0.0100%	4h	0.3474	+0.053%	$4.4M	$6.8M	75x	as long as short
OKX KAITO-USDT-SWAP	+0.0100%	4h	0.3472	−0.005%	$4.2M	$10.0M	50x	as long as short
Gate KAITO_USDT	+0.0100%	4h	0.3472	−0.005%	$677K	$1.7M	75x	as long as short
MEXC KAITO_USDT	+0.0100%	4h	0.3470	−0.062%	$3.3M	$1.0M	50x	as long as short

Show all 27 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin KAITOUSDTM	+0.0100%	4h	0.3472	−0.005%	$1.4M	$166K	30x	as long as short
Bitget KAITOUSDT	+0.0100%	4h	0.3475	+0.082%	$4.3M	$3.0M	75x	as long as short
BingX KAITO-USDC	+0.0100%	4h	0.3471	−0.033%	—	$6.5M	—	as long as short
Backpack KAITO_USDC_PERP	+0.0100%	1h	0.3471	−0.042%	$19K	$164K	10x	as long as short
Variational Omni KAITO	+0.0100%	4h	0.3478	+0.171%	$44K	$230K	—	as long as short
GRVT KAITO_USDT_Perp	+0.0100%	4h	0.3476	+0.111%	$235K	$3.0M	10x	as long as short
ApeX Omni KAITOUSDT	+0.0100%	1h	0.3469	−0.091%	$30K	$257K	50x	as long as short
Polymarket Perps KAITO-USDshort	+0.0100%	1h	0.3472	−0.002%	$11K	$4.2M	5x
Orderly PERP_KAITO_USDC_mythos	+0.0100%	4h	0.3470	−0.059%	$3K	$2K	10x	as long as short
Paradex KAITO-USD-PERP	+0.0101%	8h	0.3470	−0.063%	$4K	$604	10x	as long as short
Extended KAITO-USD	+0.0104%	1h	0.3473	+0.035%	$62K	$41K	10x	as long as short
Aevo KAITO-PERP	+0.0104%	1h	0.3470	−0.067%	$241K	$1K	3x	as long as short
edgeX KAITOUSDC	+0.0114%	4h	0.3469	−0.092%	$17K	$321K	5x	as long as short
Hyperliquid KAITO	+0.0934%	1h	0.3480	+0.229%	$2.0M	$764K	5x	as long as short
Kraken Futures PF_KAITOUSD	+0.1006%	1h	0.3474	+0.061%	$240K	$156K	10x	as long as short
Lighter KAITO	+0.1496%	1h	0.3489	+0.491%	$83K	$83K	5x	as long as short
01 Exchange KAITOUSD	+0.8848%	1h	0.3567	+2.729%	$6K	$2K	3x	as long as short