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: Polymarket Perps against Kraken Futures+0.083%7-day average 0.000% · you sell dearer than you buy

Net, funding: paid 7d − costs−$276as in the Funding arb table

Net, price: spread back to 7d avg − costs−$158as in the Price arb table

costs, in and out, $10k−$1661.664% of the position

Long on Kraken Futures Short on Polymarket Perps

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)−0.119%−$12 · spread now +0.083%, 7d avg 0.000%

Together, before fees−1.217%−$122 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Polymarket Perps is 0.083% dearer against Kraken Futures than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of 0.000%. Mind the row above: over the last 7 days funding on this pair cost −1.097%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_KAITOUSD	0.3516	0.0030	pay 0.0004% / 1h	7m 20s	$247K	$156K	10x
Short	Polymarket Perps KAITO-USD	0.3519	0.0100	get 0.0013% / 1h	7m 20s	$21K	$4.6M	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 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 Kraken FuturesbpFee Polymarket PerpsbpOrdersPrice spread, now +0.083%Rate

Funding earned: $14.69
Price spread: +0.083% → 0.000%: $8.32
Slippage, 4 orders: −$148.4
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$143.38
Costs to cover: 1.664%
Break-even: 75.3 days

Slippage from Kraken Futures: live order book, 45 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, 45 min ago	5.65 bp	73.8 bp −$74	12267.7 bp −$122.7K	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 2 min ago	1.71 bp	5.7 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
Backpack KAITO_USDC_PERP	−0.0397%	1h	0.3513	−0.077%	$19K	$180K	10x	as long as short
Reya KAITORUSDPERP	0.0000%	1h	0.3370	−4.141%	—	—	—	as long as short
Injective KAITO/USDC PERP	+0.0009%	1h	0.3511	−0.139%	$7K	$52K	12x	as long as short
Kraken Futures PF_KAITOUSDlong	+0.0030%	1h	0.3516	long leg	$247K	$156K	10x
Aster KAITOUSDT	+0.0100%	4h	0.3514	−0.052%	$119K	$50K	10x	as long as short
Pacifica KAITO	+0.0100%	1h	0.3517	+0.027%	$18K	$14K	5x	as long as short
Binance KAITOUSDT	+0.0100%	4h	0.3516	+0.016%	$10.7M	$16.9M	75x	as long as short
Bybit KAITOUSDT	+0.0100%	4h	0.3519	+0.088%	$4.4M	$7.8M	75x	as long as short
OKX KAITO-USDT-SWAP	+0.0100%	4h	0.3516	+0.003%	$4.3M	$10.8M	50x	as long as short
Gate KAITO_USDT	+0.0100%	4h	0.3514	−0.054%	$663K	$1.7M	75x	as long as short

Show all 27 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC KAITO_USDT	+0.0100%	4h	0.3516	+0.003%	$3.2M	$1.1M	50x	as long as short
KuCoin KAITOUSDTM	+0.0100%	4h	0.3517	+0.032%	$1.4M	$177K	30x	as long as short
Bitget KAITOUSDT	+0.0100%	4h	0.3520	+0.117%	$4.4M	$3.4M	75x	as long as short
BingX KAITO-USDC	+0.0100%	4h	0.3514	−0.054%	—	$6.5M	—	as long as short
Variational Omni KAITO	+0.0100%	4h	0.3515	−0.030%	$44K	$211K	—	as long as short
GRVT KAITO_USDT_Perp	+0.0100%	4h	0.3511	−0.150%	$249K	$2.5M	10x	as long as short
ApeX Omni KAITOUSDT	+0.0100%	1h	0.3509	−0.196%	$29K	$261K	50x	as long as short
Polymarket Perps KAITO-USDshort	+0.0100%	1h	0.3519	+0.083%	$21K	$4.6M	5x
Orderly PERP_KAITO_USDC_mythos	+0.0100%	4h	0.3515	−0.034%	$3K	$2K	10x	as long as short
Paradex KAITO-USD-PERP	+0.0102%	8h	0.3517	+0.032%	$4K	$604	10x	as long as short
Extended KAITO-USD	+0.0104%	1h	0.3518	+0.048%	$79K	$62K	10x	as long as short
Aevo KAITO-PERP	+0.0104%	1h	0.3517	+0.017%	$244K	—	3x	as long as short
edgeX KAITOUSDC	+0.0110%	4h	0.3509	−0.190%	$17K	$325K	5x	as long as short
BloFin KAITO-USDT	+0.0118%	4h	0.3515	−0.025%	$560K	$68K	75x	as long as short
Hyperliquid KAITO	+0.0745%	1h	0.3522	+0.185%	$2.1M	$832K	5x	as long as short
Lighter KAITO	+0.1344%	1h	0.3532	+0.455%	$87K	$101K	5x	as long as short
01 Exchange KAITOUSD	+0.6392%	1h	0.3600	+2.395%	$6K	$2K	3x	as long as short