KAITO

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0515%/8h= −56.4% APRnext payment −$0.64 per $10,000 · paid last 24h +0.167%

Price spread now: Kraken Futures against Polymarket Perps−0.190%7-day average −0.006% · you buy dearer than you sell

Net, funding: paid 7d − costs−$1,301as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,430as in the Price arb table

costs, in and out, $10k−$1,41214.118% 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+1.111%+$111 on $10k

Price spread, last 4 days (all we have)+0.241%+$24 · spread now −0.190%, 7d avg −0.006%

Together, before fees+1.352%+$135 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$15 a day on $10k at the current rate, and Kraken Futures is 0.184% cheaper against Polymarket Perps than usual: you would sell low and buy high (−$18 if the spread goes back to its 7-day average of −0.006%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +1.111%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps KAITO-USD	0.3509	0.0100	pay 0.0013% / 1h	37m 18s	$18K	$5.1M	5x
Short	Kraken Futures PF_KAITOUSD	0.3502	−0.0415	pay 0.0052% / 1h	37m 18s	$247K	$164K	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 −0.190%Rate

Funding earned: −$108.23
Price spread: −0.190% → −0.006%: −$18.37
Slippage, 4 orders: −$1,393.78
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$1,538.38
Costs to cover: 14.118%
Break-even: never at this rate

Slippage from Polymarket Perps: live order book, 27 min ago; Kraken Futures: live order book, 60 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, 27 min ago	2.70 bp	6.7 bp −$7	7.0 bp −$70	doesn't fit	doesn't fit
Sell Kraken Futures live order book, 60 min ago	4.24 bp	73.1 bp −$73	187.2 bp −$1,872	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_KAITOUSDshort	−0.0415%	1h	0.3502	−0.190%	$247K	$164K	10x
Backpack KAITO_USDC_PERP	−0.0313%	1h	0.3508	−0.031%	$19K	$196K	10x	as long as short
Reya KAITORUSDPERP	0.0000%	1h	0.3370	−3.951%	—	—	—	as long as short
Injective KAITO/USDC PERP	+0.0020%	1h	0.3535	+0.741%	$7K	$52K	12x	as long as short
Aster KAITOUSDT	+0.0100%	4h	0.3510	+0.024%	$116K	$63K	10x	as long as short
Pacifica KAITO	+0.0100%	1h	0.3510	+0.019%	$19K	$15K	5x	as long as short
Binance KAITOUSDT	+0.0100%	4h	0.3508	−0.029%	$10.7M	$17.8M	75x	as long as short
Bybit KAITOUSDT	+0.0100%	4h	0.3510	+0.028%	$4.6M	$8.7M	75x	as long as short
OKX KAITO-USDT-SWAP	+0.0100%	4h	0.3505	−0.114%	$4.3M	$11.6M	50x	as long as short
Gate KAITO_USDT	+0.0100%	4h	0.3510	+0.028%	$664K	$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	0.3509	0.000%	$3.5M	$1.2M	50x	as long as short
KuCoin KAITOUSDTM	+0.0100%	4h	0.3509	0.000%	$1.4M	$169K	30x	as long as short
Bitget KAITOUSDT	+0.0100%	4h	0.3510	+0.028%	$4.4M	$3.6M	75x	as long as short
BingX KAITO-USDC	+0.0100%	4h	0.3508	−0.028%	—	$6.5M	—	as long as short
Variational Omni KAITO	+0.0100%	4h	0.3507	−0.045%	$44K	$211K	—	as long as short
GRVT KAITO_USDT_Perp	+0.0100%	4h	0.3508	−0.028%	$249K	$2.3M	10x	as long as short
ApeX Omni KAITOUSDT	+0.0100%	1h	0.3506	−0.085%	$29K	$259K	50x	as long as short
Polymarket Perps KAITO-USDlong	+0.0100%	1h	0.3509	long leg	$18K	$5.1M	5x
Orderly PERP_KAITO_USDC_mythos	+0.0100%	4h	0.3507	−0.057%	$3K	$2K	10x	as long as short
Extended KAITO-USD	+0.0104%	1h	0.3506	−0.098%	$80K	$63K	10x	as long as short
Aevo KAITO-PERP	+0.0104%	1h	0.3508	−0.016%	$244K	—	3x	as long as short
Paradex KAITO-USD-PERP	+0.0105%	8h	0.3509	−0.011%	$4K	$604	10x	as long as short
edgeX KAITOUSDC	+0.0108%	4h	0.3504	−0.133%	$17K	$327K	5x	as long as short
BloFin KAITO-USDT	+0.0113%	4h	0.3507	−0.057%	$554K	$68K	75x	as long as short
Hyperliquid KAITO	+0.0311%	1h	0.3511	+0.063%	$2.0M	$925K	5x	as long as short
Lighter KAITO	+0.0856%	1h	0.3524	+0.430%	$87K	$98K	5x	as long as short
01 Exchange KAITOUSD	+0.2104%	1h	0.3505	−0.117%	$6K	$608	3x	as long as short