Settings8H · net · $10k
Funding arb · Price arb /

KAITO

all KAITO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0700%/8h= +76.6% APRpaid last 24h +0.130%
Price spread now: Hyperliquid against Bitget+0.069%7-day average +0.088% · you sell dearer than you buy
Net, funding: paid 7d − costs−$43as in the Funding arb table
Net, price: spread back to 7d avg − costs−$59as in the Price arb table
costs, in and out, $10k−$570.568% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.136%+$14 on $10k
Price spread, last 7 days+0.005%$0 · spread now +0.069%, 7d avg +0.088%
Together, before fees+0.141%+ Points / potential airdropHyperliquid: Season 2 · farm board+$14 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.088%, so right now this pair is about funding alone: +$21 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.136% in total (about 7.1% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget KAITOUSDT0.34740.0100pay 0.0050% / 4h2h 32m$4.3M$3.5M75x
ShortHyperliquid KAITO0.34760.0800get 0.0100% / 1h32m 13s$2.0M$848K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid against Bitget. 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

Funding earned
$146.92
Price spread: +0.069% → +0.088%
−$1.9
Slippage, 4 orders
−$35.78
Fee Bitget: 6 bp × 2 orders
−$12
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
$88.25
Costs to cover
0.568%
Break-even
2.8 days
Slippage from Bitget: live order book, 1 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
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 1 min ago2.88 bp16.6 bp −$1742.6 bp −$426doesn't fitdoesn't fit
Sell Hyperliquid live order book, 9 min ago1.29 bp13.4 bp −$13doesn't fitdoesn't fitdoesn't fit

KAITO on 27 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Backpack KAITO_USDC_PERP−0.0293%1h0.3468−0.173%$20K$184K10xas long as short
Injective KAITO/USDC PERP−0.0060%1h0.3507+0.950%$7K$52K12xas long as short
Reya KAITORUSDPERP0.0000%1h0.3370−2.982%as long as short
BloFin KAITO-USDT+0.0085%4h0.3465−0.259%$556K$67K75xas long as short
Aster KAITOUSDT+0.0100%4h0.3471−0.094%$117K$50K10xas long as short
Pacifica KAITO+0.0100%1h0.3473−0.030%$18K$14K5xas long as short
Binance KAITOUSDT+0.0100%4h0.3468−0.160%$10.6M$17.1M75xas long as short
Bybit KAITOUSDT+0.0100%4h0.3472−0.058%$4.3M$7.9M75xas long as short
OKX KAITO-USDT-SWAP+0.0100%4h0.3467−0.201%$4.2M$10.7M50xas long as short
Gate KAITO_USDT+0.0100%4h0.3470−0.115%$652K$1.7M75xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC KAITO_USDT+0.0100%4h0.3468−0.173%$3.1M$1.1M50xas long as short
KuCoin KAITOUSDTM+0.0100%4h0.3472−0.058%$1.4M$179K30xas long as short
Bitget KAITOUSDTlong+0.0100%4h0.3474long leg$4.3M$3.5M75x
BingX KAITO-USDC+0.0100%4h0.3472−0.058%$6.5Mas long as short
Variational Omni KAITO+0.0100%4h0.3488+0.402%$44K$211Kas long as short
GRVT KAITO_USDT_Perp+0.0100%4h0.3486+0.351%$247K$2.5M10xas long as short
ApeX Omni KAITOUSDT+0.0100%1h0.3487+0.374%$29K$261K50xas long as short
Orderly PERP_KAITO_USDC_mythos+0.0100%4h0.3469−0.141%$3K$2K10xas long as short
Extended KAITO-USD+0.0104%1h0.3469−0.149%$80K$63K10xas long as short
Aevo KAITO-PERP+0.0104%1h0.3473−0.031%$241K3xas long as short
edgeX KAITOUSDC+0.0109%4h0.3490+0.447%$17K$326K5xas long as short
Paradex KAITO-USD-PERP+0.0110%8h0.3473−0.030%$4K$60410xas long as short
Polymarket Perps KAITO-USD+0.0125%1h0.3474+0.003%$14K$4.6M5xas long as short
Kraken Futures PF_KAITOUSD+0.0390%1h0.3466−0.223%$243K$154K10xas long as short
Hyperliquid KAITOshort+0.0800%1h0.3476+0.069%$2.0M$848K5x
Lighter KAITO+0.1448%1h0.3483+0.253%$86K$100K5xas long as short
01 Exchange KAITOUSD+0.8520%1h0.3530+1.612%$6K$1K3xas long as short