Funding you earn now, next payment 20:00 UTC+0.0556%/8hnext payment +$0.70 per $10,000 · paid last 24h +0.038%
Price spread now: Hyperliquid against Polymarket Perps+0.111%7-day average +0.061% · you sell dearer than you buy
Net, funding: paid 7d − costs+$7as in the Funding arb table
Net, price: spread back to 7d avg − costs−$32as in the Price arb table
costs, in and out, $10k−$370.371% of the position
Funding, last 7 days+0.441%+$44 on $10k
+Price spread, last 7 days−0.110%−$11 · spread now +0.111%, 7d avg +0.061%
=Together, before fees+0.331%+ Points / potential airdropHyperliquid: Season 2 · farm board+$33 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$17 a day on $10k at the current rate, and Hyperliquid is 0.050% dearer against Polymarket Perps than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.061%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps KAITO-USD | 0.3427 | 0.0100 | pay 0.0013% / 1h | 6m 53s | $10K | $3.8M | 5x |
| Short | Hyperliquid KAITO | 0.3431 | 0.0656 | get 0.0082% / 1h | 6m 53s | $2.0M | $720K | 5x |
Polymarket Perps KAITO-USD
Hyperliquid KAITOFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $116.83
- Price spread: +0.111% → +0.061%
- $4.97
- Slippage, 4 orders
- −$20.12
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $84.69
- Costs to cover
- 0.371%
- Break-even
- 1.9 days
Slippage from Polymarket Perps: live order book, 2 min ago; Hyperliquid: live order book, 8 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, 2 min ago | 2.48 bp | 6.5 bp −$6 | 7.1 bp −$71 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 8 min ago | 1.60 bp | 11.8 bp −$12 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_KAITOUSD | −0.0559% | 1h | 0.3425 | −0.067% | $235K | $160K | 10x | as long as short |
| Injective KAITO/USDC PERP | −0.0033% | 1h | 0.3422 | −0.152% | $6K | $52K | 12x | as long as short |
| Reya KAITORUSDPERP | 0.0000% | 1h | 0.3370 | −1.663% | — | — | — | as long as short |
| Aster KAITOUSDT | +0.0100% | 4h | 0.3425 | −0.052% | $115K | $34K | 10x | as long as short |
| Pacifica KAITO | +0.0100% | 1h | 0.3425 | −0.061% | $17K | $12K | 5x | as long as short |
| Binance KAITOUSDT | +0.0100% | 4h | 0.3425 | −0.052% | $10.3M | $15.5M | 75x | as long as short |
| Bybit KAITOUSDT | +0.0100% | 4h | 0.3427 | −0.006% | $4.2M | $6.6M | 75x | as long as short |
| OKX KAITO-USDT-SWAP | +0.0100% | 4h | 0.3423 | −0.123% | $4.1M | $10.0M | 50x | as long as short |
| Gate KAITO_USDT | +0.0100% | 4h | 0.3427 | −0.006% | $665K | $1.7M | 75x | as long as short |
| MEXC KAITO_USDT | +0.0100% | 4h | 0.3425 | −0.064% | $3.2M | $997K | 50x | as long as short |
Kraken Futures PF_KAITOUSD
Injective KAITO/USDC PERP
Reya KAITORUSDPERP
Aster KAITOUSDT
Pacifica KAITO
Binance KAITOUSDT
Bybit KAITOUSDT
OKX KAITO-USDT-SWAP
Gate KAITO_USDT
MEXC KAITO_USDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin KAITOUSDTM | +0.0100% | 4h | 0.3427 | −0.006% | $1.4M | $185K | 30x | as long as short |
| Bitget KAITOUSDT | +0.0100% | 4h | 0.3430 | +0.082% | $4.2M | $2.9M | 75x | as long as short |
| BingX KAITO-USDC | +0.0100% | 4h | 0.3427 | −0.006% | — | $6.5M | — | as long as short |
| Backpack KAITO_USDC_PERP | +0.0100% | 1h | 0.3424 | −0.088% | $17K | $174K | 10x | as long as short |
| Variational Omni KAITO | +0.0100% | 4h | 0.3431 | +0.110% | $43K | $237K | — | as long as short |
| GRVT KAITO_USDT_Perp | +0.0100% | 4h | 0.3430 | +0.072% | $235K | $3.0M | 10x | as long as short |
| ApeX Omni KAITOUSDT | +0.0100% | 1h | 0.3428 | +0.023% | $27K | $256K | 50x | as long as short |
| Polymarket Perps KAITO-USDlong | +0.0100% | 1h | 0.3427 | long leg | $10K | $3.8M | 5x | |
| Orderly PERP_KAITO_USDC_mythos | +0.0100% | 4h | 0.3425 | −0.053% | $3K | $2K | 10x | as long as short |
| Paradex KAITO-USD-PERP | +0.0101% | 8h | 0.3426 | −0.027% | $4K | $604 | 10x | as long as short |
| Extended KAITO-USD | +0.0104% | 1h | 0.3427 | −0.013% | $57K | $37K | 10x | as long as short |
| Aevo KAITO-PERP | +0.0104% | 1h | 0.3426 | −0.050% | $238K | $1K | 3x | as long as short |
| edgeX KAITOUSDC | +0.0116% | 4h | 0.3428 | +0.028% | $17K | $319K | 5x | as long as short |
| BloFin KAITO-USDT | +0.0130% | 4h | 0.3427 | −0.006% | $540K | $58K | 75x | as long as short |
| 01 Exchange KAITOUSD | +0.0248% | 1h | 0.3426 | −0.047% | $6K | $4K | 3x | as long as short |
| Hyperliquid KAITOshort | +0.0656% | 1h | 0.3431 | +0.111% | $2.0M | $720K | 5x | |
| Lighter KAITO | +0.1000% | 1h | 0.3438 | +0.318% | $82K | $84K | 5x | as long as short |
KuCoin KAITOUSDTM
Bitget KAITOUSDT
BingX KAITO-USDC
Backpack KAITO_USDC_PERP
Variational Omni KAITO
GRVT KAITO_USDT_Perp
ApeX Omni KAITOUSDT
Orderly PERP_KAITO_USDC_mythos
Paradex KAITO-USD-PERP
Extended KAITO-USD
Aevo KAITO-PERP
edgeX KAITOUSDC
BloFin KAITO-USDT
01 Exchange KAITOUSD
Lighter KAITO