Kalshi · cross-venue tool — comparing every venue, not just Kalshi. Kalshi

AURELIUS · LIVE ARBITRAGE OPPORTUNITIES

ARB · Adaptive Multi-Route (AMR) opportunities

Cross-venue arbitrage signals — Σ-sides gaps, wide-spread synthetics, funding-rate carry — ranked by theoretical edge. Snapshot age: HL 3.7s · PM 4.8s.

Σ-SIDES0same-venue buy-both
WIDE-SPREAD0overround · sell synth outright
X-VENUE1HL ↔ PM divergence
FUNDING167perp funding carry
MEAN-REVERT0Hurst-based stat edge

🎯 CROSS-VENUE SPREADS · the moat

Same event priced differently on 2+ venues. 1 opportunities with ≥5pp spread, sorted by edge. Polymarket + Hyperliquid + Kalshi in the live pool. Tighter clustering (similarity 0.50) dropped the keyword-collision false positives that earlier versions surfaced.

  1. #15.5pp gross4.0pp net2-venuealexandria · ocasio · cortez · 2028

🧮 Portfolio Simulatorequal-split · paper · no fees or slippage

Default $10.00K capital split equally across top-10 arb opportunities with spread ≤ 50.0pp. Profit per pair = spread; cost per pair = 1 − spread. Calibrate before live trading: this excludes fees, slippage, withdrawal latency, and settlement risk. Live JSON: /api/arb/sim?capital=10000

Capital deployed
$10.00K
of $10.00K
Expected profit
$363
paper · pre-friction
Edge %
3.630%
profit / total capital
Capital efficiency
3.630%
profit / deployed
Avg spread
5.5pp
5.5pp – 5.5pp
Opps selected
1 / 1
top-10 cap

Per-venue exposure

VenueCapitalShareBar
kalshi$9.42K94.2%
polymarket$5845.8%

Selected opportunities (ranked)

#TopicBuy @Sell @SpreadAllocatedPairsProfit
#1alexandria · ocasio · cortezpolymarket @ 5.5%kalshi @ 11.0%5.5pp$10.00K10520.8$363
#1 FUNDINGSKR-USD perpetualHyperliquid
EDGE686.31%/yr(68631 bps)
CAPITAL≥ $1k mark notional
HIGH

Funding -0.078346%/h → -686.31%/yr. Shorts pay longs. Carry by holding long delta-hedged against spot.

⚠ Risk: Mark-to-market vol, funding flip risk, liquidation. Hedge requires spot or another venue.

#2 FUNDINGHEMI-USD perpetualHyperliquid
EDGE565.49%/yr(56549 bps)
CAPITAL≥ $1k mark notional
HIGH

Funding 0.064554%/h → +565.49%/yr. Longs pay shorts. Carry by holding short delta-hedged against spot.

⚠ Risk: Mark-to-market vol, funding flip risk, liquidation. Hedge requires spot or another venue.

#3 FUNDINGIO-USD perpetualHyperliquid
EDGE137.13%/yr(13713 bps)
CAPITAL≥ $1k mark notional
HIGH

Funding -0.015654%/h → -137.13%/yr. Shorts pay longs. Carry by holding long delta-hedged against spot.

⚠ Risk: Mark-to-market vol, funding flip risk, liquidation. Hedge requires spot or another venue.

#4 FUNDINGTRUMP-USD perpetualHyperliquid
EDGE115.86%/yr(11586 bps)
CAPITAL≥ $1k mark notional
HIGH

Funding -0.013225%/h → -115.86%/yr. Shorts pay longs. Carry by holding long delta-hedged against spot.

⚠ Risk: Mark-to-market vol, funding flip risk, liquidation. Hedge requires spot or another venue.

#5 FUNDINGZORA-USD perpetualHyperliquid
EDGE114.60%/yr(11460 bps)
CAPITAL≥ $1k mark notional
HIGH

Funding -0.013082%/h → -114.60%/yr. Shorts pay longs. Carry by holding long delta-hedged against spot.

⚠ Risk: Mark-to-market vol, funding flip risk, liquidation. Hedge requires spot or another venue.

#6 FUNDINGSTABLE-USD perpetualHyperliquid
EDGE110.53%/yr(11053 bps)
CAPITAL≥ $1k mark notional
HIGH

Funding -0.012617%/h → -110.53%/yr. Shorts pay longs. Carry by holding long delta-hedged against spot.

⚠ Risk: Mark-to-market vol, funding flip risk, liquidation. Hedge requires spot or another venue.

#7 FUNDINGGAS-USD perpetualHyperliquid
EDGE92.63%/yr(9263 bps)
CAPITAL≥ $1k mark notional
HIGH

Funding -0.010574%/h → -92.63%/yr. Shorts pay longs. Carry by holding long delta-hedged against spot.

⚠ Risk: Mark-to-market vol, funding flip risk, liquidation. Hedge requires spot or another venue.

#8 FUNDINGkNEIRO-USD perpetualHyperliquid
EDGE82.06%/yr(8206 bps)
CAPITAL≥ $1k mark notional
HIGH

Funding -0.009368%/h → -82.06%/yr. Shorts pay longs. Carry by holding long delta-hedged against spot.

⚠ Risk: Mark-to-market vol, funding flip risk, liquidation. Hedge requires spot or another venue.

#9 FUNDINGSOPH-USD perpetualHyperliquid
EDGE64.25%/yr(6425 bps)
CAPITAL≥ $1k mark notional
HIGH

Funding -0.007334%/h → -64.25%/yr. Shorts pay longs. Carry by holding long delta-hedged against spot.

⚠ Risk: Mark-to-market vol, funding flip risk, liquidation. Hedge requires spot or another venue.

#10 FUNDINGLAYER-USD perpetualHyperliquid
EDGE63.24%/yr(6324 bps)
CAPITAL≥ $1k mark notional
HIGH

Funding -0.007219%/h → -63.24%/yr. Shorts pay longs. Carry by holding long delta-hedged against spot.

⚠ Risk: Mark-to-market vol, funding flip risk, liquidation. Hedge requires spot or another venue.

#11 FUNDINGAIXBT-USD perpetualHyperliquid
EDGE62.23%/yr(6223 bps)
CAPITAL≥ $1k mark notional
HIGH

Funding -0.007104%/h → -62.23%/yr. Shorts pay longs. Carry by holding long delta-hedged against spot.

⚠ Risk: Mark-to-market vol, funding flip risk, liquidation. Hedge requires spot or another venue.

#12 FUNDINGXLM-USD perpetualHyperliquid
EDGE61.13%/yr(6113 bps)
CAPITAL≥ $1k mark notional
HIGH

Funding -0.006978%/h → -61.13%/yr. Shorts pay longs. Carry by holding long delta-hedged against spot.

⚠ Risk: Mark-to-market vol, funding flip risk, liquidation. Hedge requires spot or another venue.

#13 FUNDING0G-USD perpetualHyperliquid
EDGE60.93%/yr(6093 bps)
CAPITAL≥ $1k mark notional
HIGH

Funding -0.006956%/h → -60.93%/yr. Shorts pay longs. Carry by holding long delta-hedged against spot.

⚠ Risk: Mark-to-market vol, funding flip risk, liquidation. Hedge requires spot or another venue.

#14 FUNDINGME-USD perpetualHyperliquid
EDGE56.35%/yr(5635 bps)
CAPITAL≥ $1k mark notional
HIGH

Funding -0.006432%/h → -56.35%/yr. Shorts pay longs. Carry by holding long delta-hedged against spot.

⚠ Risk: Mark-to-market vol, funding flip risk, liquidation. Hedge requires spot or another venue.

#15 FUNDINGANIME-USD perpetualHyperliquid
EDGE50.22%/yr(5022 bps)
CAPITAL≥ $1k mark notional
HIGH

Funding -0.005732%/h → -50.22%/yr. Shorts pay longs. Carry by holding long delta-hedged against spot.

⚠ Risk: Mark-to-market vol, funding flip risk, liquidation. Hedge requires spot or another venue.

#16 FUNDINGMOODENG-USD perpetualHyperliquid
EDGE44.59%/yr(4459 bps)
CAPITAL≥ $1k mark notional
HIGH

Funding -0.005090%/h → -44.59%/yr. Shorts pay longs. Carry by holding long delta-hedged against spot.

⚠ Risk: Mark-to-market vol, funding flip risk, liquidation. Hedge requires spot or another venue.

#17 FUNDINGPENGU-USD perpetualHyperliquid
EDGE40.22%/yr(4022 bps)
CAPITAL≥ $1k mark notional
HIGH

Funding -0.004591%/h → -40.22%/yr. Shorts pay longs. Carry by holding long delta-hedged against spot.

⚠ Risk: Mark-to-market vol, funding flip risk, liquidation. Hedge requires spot or another venue.

#18 FUNDINGkLUNC-USD perpetualHyperliquid
EDGE36.41%/yr(3641 bps)
CAPITAL≥ $1k mark notional
HIGH

Funding -0.004157%/h → -36.41%/yr. Shorts pay longs. Carry by holding long delta-hedged against spot.

⚠ Risk: Mark-to-market vol, funding flip risk, liquidation. Hedge requires spot or another venue.

#19 FUNDINGCC-USD perpetualHyperliquid
EDGE33.30%/yr(3330 bps)
CAPITAL≥ $1k mark notional
HIGH

Funding -0.003802%/h → -33.30%/yr. Shorts pay longs. Carry by holding long delta-hedged against spot.

⚠ Risk: Mark-to-market vol, funding flip risk, liquidation. Hedge requires spot or another venue.

#20 FUNDINGETC-USD perpetualHyperliquid
EDGE31.34%/yr(3134 bps)
CAPITAL≥ $1k mark notional
HIGH

Funding -0.003577%/h → -31.34%/yr. Shorts pay longs. Carry by holding long delta-hedged against spot.

⚠ Risk: Mark-to-market vol, funding flip risk, liquidation. Hedge requires spot or another venue.

#21 FUNDINGBIGTIME-USD perpetualHyperliquid
EDGE30.66%/yr(3066 bps)
CAPITAL≥ $1k mark notional
HIGH

Funding -0.003500%/h → -30.66%/yr. Shorts pay longs. Carry by holding long delta-hedged against spot.

⚠ Risk: Mark-to-market vol, funding flip risk, liquidation. Hedge requires spot or another venue.

#22 FUNDINGSNX-USD perpetualHyperliquid
EDGE28.49%/yr(2849 bps)
CAPITAL≥ $1k mark notional
MEDIUM

Funding -0.003252%/h → -28.49%/yr. Shorts pay longs. Carry by holding long delta-hedged against spot.

⚠ Risk: Mark-to-market vol, funding flip risk, liquidation. Hedge requires spot or another venue.

#23 FUNDINGAVAX-USD perpetualHyperliquid
EDGE26.33%/yr(2633 bps)
CAPITAL≥ $1k mark notional
MEDIUM

Funding -0.003006%/h → -26.33%/yr. Shorts pay longs. Carry by holding long delta-hedged against spot.

⚠ Risk: Mark-to-market vol, funding flip risk, liquidation. Hedge requires spot or another venue.

#24 FUNDINGMINA-USD perpetualHyperliquid
EDGE26.25%/yr(2625 bps)
CAPITAL≥ $1k mark notional
MEDIUM

Funding -0.002997%/h → -26.25%/yr. Shorts pay longs. Carry by holding long delta-hedged against spot.

⚠ Risk: Mark-to-market vol, funding flip risk, liquidation. Hedge requires spot or another venue.

#25 FUNDINGTAO-USD perpetualHyperliquid
EDGE25.20%/yr(2520 bps)
CAPITAL≥ $1k mark notional
MEDIUM

Funding 0.002876%/h → +25.20%/yr. Longs pay shorts. Carry by holding short delta-hedged against spot.

⚠ Risk: Mark-to-market vol, funding flip risk, liquidation. Hedge requires spot or another venue.

#26 FUNDING2Z-USD perpetualHyperliquid
EDGE21.12%/yr(2112 bps)
CAPITAL≥ $1k mark notional
MEDIUM

Funding -0.002411%/h → -21.12%/yr. Shorts pay longs. Carry by holding long delta-hedged against spot.

⚠ Risk: Mark-to-market vol, funding flip risk, liquidation. Hedge requires spot or another venue.

#27 FUNDINGALT-USD perpetualHyperliquid
EDGE20.95%/yr(2095 bps)
CAPITAL≥ $1k mark notional
MEDIUM

Funding -0.002392%/h → -20.95%/yr. Shorts pay longs. Carry by holding long delta-hedged against spot.

⚠ Risk: Mark-to-market vol, funding flip risk, liquidation. Hedge requires spot or another venue.

#28 FUNDINGMEME-USD perpetualHyperliquid
EDGE20.05%/yr(2005 bps)
CAPITAL≥ $1k mark notional
MEDIUM

Funding -0.002289%/h → -20.05%/yr. Shorts pay longs. Carry by holding long delta-hedged against spot.

⚠ Risk: Mark-to-market vol, funding flip risk, liquidation. Hedge requires spot or another venue.

#29 FUNDINGUMA-USD perpetualHyperliquid
EDGE18.97%/yr(1897 bps)
CAPITAL≥ $1k mark notional
MEDIUM

Funding -0.002166%/h → -18.97%/yr. Shorts pay longs. Carry by holding long delta-hedged against spot.

⚠ Risk: Mark-to-market vol, funding flip risk, liquidation. Hedge requires spot or another venue.

#30 FUNDINGIOTA-USD perpetualHyperliquid
EDGE16.60%/yr(1660 bps)
CAPITAL≥ $1k mark notional
MEDIUM

Funding -0.001895%/h → -16.60%/yr. Shorts pay longs. Carry by holding long delta-hedged against spot.

⚠ Risk: Mark-to-market vol, funding flip risk, liquidation. Hedge requires spot or another venue.