Funding you earn now, next payment 01:00 UTC+0.1027%/8h= +112.5% APRpaid last 24h +0.081%
Price spread now: Hyperliquid against BingX+0.160%7-day average — · you sell dearer than you buy
Net, funding: paid 7d − costs−$62as in the Funding arb table
Net, price: spread back to 7d avg − costs−$55as in the Price arb table
costs, in and out, $10k−$710.708% of the position
Funding, last 7 days+0.087%+$9 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$31 a day on $10k at the current rate, and Hyperliquid is 0.160% dearer against BingX than usual: you sell high and buy low: +$16 more if the spread goes back to zero (this spread has no 7-day history yet).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.087% in total (about 4.6% a year). A funding rate is set anew for every payment. 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 | BingX KAITO-USDC | 0.3496 | 0.0100 | pay 0.0050% / 4h | 3h 20m | — | $6.5M | — |
| Short | Hyperliquid KAITO | 0.3502 | 0.1127 | get 0.0141% / 1h | 20m 02s | $2.1M | $769K | 5x |
BingX KAITO-USDC
Hyperliquid KAITOFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against BingX. 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
- $215.68
- Price spread: +0.160% → 0.000%
- $16.02
- Slippage, 4 orders
- −$51.78
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $160.92
- Costs to cover
- 0.708%
- Break-even
- 1.8 days
Slippage from BingX: live order book, 15 min ago; Hyperliquid: live order book, 1 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 BingX live order book, 15 min ago | 1.44 bp | 22.9 bp −$23 | 139.3 bp −$1,393 | 682.8 bp −$68.3K | 1062.5 bp −$531.2K |
| Sell Hyperliquid live order book, 1 min ago | 2.43 bp | 13.0 bp −$13 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective KAITO/USDC PERP | −0.0015% | 1h | 0.3490 | −0.172% | $7K | $52K | 12x | as long as short |
| Reya KAITORUSDPERP | 0.0000% | 1h | 0.3370 | −3.597% | — | — | — | as long as short |
| Aster KAITOUSDT | +0.0100% | 4h | 0.3492 | −0.123% | $117K | $34K | 10x | as long as short |
| Pacifica KAITO | +0.0100% | 1h | 0.3492 | −0.116% | $18K | $12K | 5x | as long as short |
| Binance KAITOUSDT | +0.0100% | 4h | 0.3497 | +0.025% | $10.7M | $15.8M | 75x | as long as short |
| Bybit KAITOUSDT | +0.0100% | 4h | 0.3499 | +0.086% | $4.5M | $6.8M | 75x | as long as short |
| OKX KAITO-USDT-SWAP | +0.0100% | 4h | 0.3496 | 0.000% | $4.2M | $10.1M | 50x | as long as short |
| Gate KAITO_USDT | +0.0100% | 4h | 0.3495 | −0.029% | $699K | $1.7M | 75x | as long as short |
| MEXC KAITO_USDT | +0.0100% | 4h | 0.3496 | 0.000% | $3.4M | $1.0M | 50x | as long as short |
| KuCoin KAITOUSDTM | +0.0100% | 4h | 0.3496 | 0.000% | $1.4M | $166K | 30x | as long as short |
Injective KAITO/USDC PERP
Reya KAITORUSDPERP
Aster KAITOUSDT
Pacifica KAITO
Binance KAITOUSDT
Bybit KAITOUSDT
OKX KAITO-USDT-SWAP
Gate KAITO_USDT
MEXC KAITO_USDT
KuCoin KAITOUSDTMShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget KAITOUSDT | +0.0100% | 4h | 0.3497 | +0.029% | $4.3M | $3.0M | 75x | as long as short |
| BingX KAITO-USDClong | +0.0100% | 4h | 0.3496 | long leg | — | $6.5M | — | |
| Backpack KAITO_USDC_PERP | +0.0100% | 1h | 0.3492 | −0.106% | $20K | $161K | 10x | as long as short |
| Variational Omni KAITO | +0.0100% | 4h | 0.3492 | −0.117% | $44K | $230K | — | as long as short |
| GRVT KAITO_USDT_Perp | +0.0100% | 4h | 0.3500 | +0.115% | $236K | $2.9M | 10x | as long as short |
| ApeX Omni KAITOUSDT | +0.0100% | 1h | 0.3493 | −0.086% | $30K | $257K | 50x | as long as short |
| Orderly PERP_KAITO_USDC_mythos | +0.0100% | 4h | 0.3491 | −0.143% | $3K | $2K | 10x | as long as short |
| edgeX KAITOUSDC | +0.0102% | 4h | 0.3494 | −0.066% | $17K | $322K | 5x | as long as short |
| Extended KAITO-USD | +0.0104% | 1h | 0.3498 | +0.063% | $78K | $54K | 10x | as long as short |
| Aevo KAITO-PERP | +0.0104% | 1h | 0.3491 | −0.153% | $242K | — | 3x | as long as short |
| Paradex KAITO-USD-PERP | +0.0106% | 8h | 0.3488 | −0.228% | $4K | $604 | 10x | as long as short |
| BloFin KAITO-USDT | +0.0121% | 4h | 0.3487 | −0.257% | $549K | $60K | 75x | as long as short |
| Polymarket Perps KAITO-USD | +0.0137% | 1h | 0.3494 | −0.051% | $20K | $4.1M | 5x | as long as short |
| Kraken Futures PF_KAITOUSD | +0.0851% | 1h | 0.3492 | −0.106% | $242K | $156K | 10x | as long as short |
| Hyperliquid KAITOshort | +0.1127% | 1h | 0.3502 | +0.160% | $2.1M | $769K | 5x | |
| Lighter KAITO | +0.1832% | 1h | 0.3509 | +0.360% | $90K | $90K | 5x | as long as short |
| 01 Exchange KAITOUSD | +0.3640% | 1h | 0.3491 | −0.143% | $6K | $2K | 3x | as long as short |
Bitget KAITOUSDT
Backpack KAITO_USDC_PERP
Variational Omni KAITO
GRVT KAITO_USDT_Perp
ApeX Omni KAITOUSDT
Orderly PERP_KAITO_USDC_mythos
edgeX KAITOUSDC
Extended KAITO-USD
Aevo KAITO-PERP
Paradex KAITO-USD-PERP
BloFin KAITO-USDT
Polymarket Perps KAITO-USD
Kraken Futures PF_KAITOUSD
Lighter KAITO
01 Exchange KAITOUSD