KAITO

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0679%/8h= +74.4% APRnext payment +$0.85 per $10,000 · paid last 24h +0.129%

Price spread now: Hyperliquid against Aevo+0.026%54s7-day average +0.124% · you sell dearer than you buy

Net, funding: paid 7d − costs−$130as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$1451.446% of the position

Long on Aevo Short on Hyperliquid

What this pair did over the last

the charts below follow

Funding, last 7 days+0.146%+$15 on $10k

Price spread, last 4 days (all we have)+0.005%+$1 · spread now +0.026%, 7d avg +0.124%

Together, before fees+0.151%+ Points / potential airdropHyperliquid: Season 2 · farm board+$15 on $10k · with fees, hour by hour

Funding pays, the price is against you. Hyperliquid is 0.098% cheaper against Aevo than usual: you would sell low and buy high (spread +0.026% now, against its 7-day average of +0.124%). If the spread goes back, that is −$10 on $10k: about 12 hours of funding at the current rate (+$20 a day). At the pace of the last 7 days (+0.146% in total) that is about 4.7 days. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.146% in total (about 7.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.85 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo KAITO-PERP	0.3492	0.0104	pay 0.0013% / 1h	41m 26s	$242K	—	3x
Short	Hyperliquid KAITO	0.3492	0.0783	get 0.0098% / 1h	41m 26s	$2.0M	$843K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hyperliquid against Aevo. 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 AevobpFee HyperliquidbpOrdersPrice spread, now +0.026%Rate

Funding earned: $142.63
Price spread: +0.026% → +0.124%: −$9.81
Slippage, 4 orders: −$119.65
Fee Aevo: 8 bp × 2 orders: −$16
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Net: −$11.83
Costs to cover: 1.446%
Break-even: 7.6 days

Slippage from Aevo: live order book, 8 min ago; Hyperliquid: live order book, 9 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 Aevo live order book, 8 min ago	43.99 bp	54.7 bp −$55	306.7 bp −$3,067	doesn't fit	doesn't fit
Sell Hyperliquid live order book, 9 min ago	1.13 bp	10.8 bp −$11	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
Backpack KAITO_USDC_PERP	−0.0322%	1h	0.3491	−0.003%	$20K	$185K	10x	as long as short
Injective KAITO/USDC PERP	−0.0060%	1h	0.3507	+0.444%	$7K	$52K	12x	as long as short
Reya KAITORUSDPERP	0.0000%	1h	0.3370	−3.468%	—	—	—	as long as short
BloFin KAITO-USDT	+0.0046%	4h	0.3499	+0.215%	$555K	$68K	75x	as long as short
Aster KAITOUSDT	+0.0100%	4h	0.3488	−0.105%	$118K	$50K	10x	as long as short
Pacifica KAITO	+0.0100%	1h	0.3492	+0.024%	$18K	$14K	5x	as long as short
Binance KAITOUSDT	+0.0100%	4h	0.3488	−0.088%	$10.7M	$17.0M	75x	as long as short
Bybit KAITOUSDT	+0.0100%	4h	0.3489	−0.072%	$4.3M	$7.9M	75x	as long as short
OKX KAITO-USDT-SWAP	+0.0100%	4h	0.3487	−0.129%	$4.3M	$10.8M	50x	as long as short
Gate KAITO_USDT	+0.0100%	4h	0.3490	−0.043%	$655K	$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	0.3488	−0.100%	$3.1M	$1.1M	50x	as long as short
KuCoin KAITOUSDTM	+0.0100%	4h	0.3491	−0.014%	$1.4M	$179K	30x	as long as short
Bitget KAITOUSDT	+0.0100%	4h	0.3492	+0.014%	$4.4M	$3.4M	75x	as long as short
BingX KAITO-USDC	+0.0100%	4h	0.3488	−0.100%	—	$6.5M	—	as long as short
Variational Omni KAITO	+0.0100%	4h	0.3520	+0.813%	$44K	$211K	—	as long as short
GRVT KAITO_USDT_Perp	+0.0100%	4h	0.3512	+0.579%	$249K	$2.5M	10x	as long as short
ApeX Omni KAITOUSDT	+0.0100%	1h	0.3500	+0.243%	$29K	$261K	50x	as long as short
Orderly PERP_KAITO_USDC_mythos	+0.0100%	4h	0.3489	−0.057%	$3K	$2K	10x	as long as short
Extended KAITO-USD	+0.0104%	1h	0.3487	−0.126%	$80K	$64K	10x	as long as short
Aevo KAITO-PERPlong	+0.0104%	1h	0.3492	long leg	$242K	—	3x
Paradex KAITO-USD-PERP	+0.0106%	8h	0.3487	−0.116%	$4K	$604	10x	as long as short
edgeX KAITOUSDC	+0.0114%	4h	0.3500	+0.248%	$17K	$324K	5x	as long as short
Polymarket Perps KAITO-USD	+0.0129%	1h	0.3491	−0.014%	$13K	$4.6M	5x	as long as short
Kraken Futures PF_KAITOUSD	+0.0387%	1h	0.3492	+0.027%	$245K	$154K	10x	as long as short
Hyperliquid KAITOshort	+0.0783%	1h	0.3492	+0.026%	$2.0M	$843K	5x
Lighter KAITO	+0.1344%	1h	0.3506	+0.412%	$87K	$100K	5x	as long as short
01 Exchange KAITOUSD	+0.8328%	1h	0.3577	+2.457%	$6K	$1K	3x	as long as short