Funding you earn now, next payment 22:00 UTC−0.0872%/8h= −95.4% APRnext payment −$1.09 per $10,000 · paid last 24h +0.088%
Price spread now: Kraken Futures against Hyperliquid−0.227%7-day average −0.093% · you buy dearer than you sell
Net, funding: paid 7d − costs−$111as in the Funding arb table
Net, price: spread back to 7d avg − costs−$189as in the Price arb table
costs, in and out, $10k−$1751.751% of the position
Funding, last 7 days+0.644%+$64 on $10k
+Price spread, last 3 days (all we have)+0.127%+$13 · spread now −0.227%, 7d avg −0.093%
=Together, before fees+0.771%+ Points / potential airdropHyperliquid: Season 2 · farm board+$77 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$26 a day on $10k at the current rate, and Kraken Futures is 0.134% cheaper against Hyperliquid than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of −0.093%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.644%, 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 | Hyperliquid KAITO | 0.3464 | 0.0615 | pay 0.0077% / 1h | 30m 36s | $2.0M | $741K | 5x |
| Short | Kraken Futures PF_KAITOUSD | 0.3456 | −0.0256 | pay 0.0032% / 1h | 30m 36s | $236K | $160K | 10x |
Hyperliquid KAITO
Kraken Futures PF_KAITOUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Hyperliquid. 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
- −$183.02
- Price spread: −0.227% → −0.093%
- −$13.42
- Slippage, 4 orders
- −$156.14
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$371.58
- Costs to cover
- 1.751%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 10 min ago; Kraken Futures: live order book, 57 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 Hyperliquid live order book, 10 min ago | 1.59 bp | 9.0 bp −$9 | doesn't fit | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 57 min ago | 4.33 bp | 68.3 bp −$68 | 174.1 bp −$1,741 | 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 | −0.0256% | 1h | 0.3456 | −0.227% | $236K | $160K | 10x | |
| Injective KAITO/USDC PERP | −0.0057% | 1h | 0.3458 | −0.161% | $7K | $52K | 12x | as long as short |
| Reya KAITORUSDPERP | 0.0000% | 1h | 0.3370 | −2.695% | — | — | — | as long as short |
| BloFin KAITO-USDT | +0.0096% | 4h | 0.3455 | −0.247% | $539K | $60K | 75x | as long as short |
| Aster KAITOUSDT | +0.0100% | 4h | 0.3458 | −0.172% | $116K | $34K | 10x | as long as short |
| Pacifica KAITO | +0.0100% | 1h | 0.3459 | −0.146% | $18K | $12K | 5x | as long as short |
| Binance KAITOUSDT | +0.0100% | 4h | 0.3458 | −0.172% | $10.4M | $15.6M | 75x | as long as short |
| Bybit KAITOUSDT | +0.0100% | 4h | 0.3459 | −0.132% | $4.3M | $6.6M | 75x | as long as short |
| OKX KAITO-USDT-SWAP | +0.0100% | 4h | 0.3455 | −0.247% | $4.1M | $10.0M | 50x | as long as short |
| Gate KAITO_USDT | +0.0100% | 4h | 0.3459 | −0.132% | $671K | $1.7M | 75x | as long as short |
Injective KAITO/USDC PERP
Reya KAITORUSDPERP
BloFin KAITO-USDT
Aster KAITOUSDT
Pacifica KAITO
Binance KAITOUSDT
Bybit KAITOUSDT
OKX KAITO-USDT-SWAP
Gate KAITO_USDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC KAITO_USDT | +0.0100% | 4h | 0.3457 | −0.190% | $3.3M | $1.0M | 50x | as long as short |
| KuCoin KAITOUSDTM | +0.0100% | 4h | 0.3460 | −0.103% | $1.4M | $183K | 30x | as long as short |
| Bitget KAITOUSDT | +0.0100% | 4h | 0.3460 | −0.103% | $4.2M | $2.9M | 75x | as long as short |
| BingX KAITO-USDC | +0.0100% | 4h | 0.3458 | −0.161% | — | $6.5M | — | as long as short |
| Backpack KAITO_USDC_PERP | +0.0100% | 1h | 0.3456 | −0.213% | $18K | $168K | 10x | as long as short |
| Variational Omni KAITO | +0.0100% | 4h | 0.3458 | −0.150% | $43K | $237K | — | as long as short |
| GRVT KAITO_USDT_Perp | +0.0100% | 4h | 0.3455 | −0.248% | $242K | $3.2M | 10x | as long as short |
| ApeX Omni KAITOUSDT | +0.0100% | 1h | 0.3457 | −0.190% | $29K | $256K | 50x | as long as short |
| Polymarket Perps KAITO-USD | +0.0100% | 1h | 0.3459 | −0.129% | $9K | $4.0M | 5x | as long as short |
| Orderly PERP_KAITO_USDC_mythos | +0.0100% | 4h | 0.3458 | −0.172% | $3K | $2K | 10x | as long as short |
| Paradex KAITO-USD-PERP | +0.0103% | 8h | 0.3458 | −0.155% | $4K | $604 | 10x | as long as short |
| Extended KAITO-USD | +0.0104% | 1h | 0.3458 | −0.158% | $62K | $41K | 10x | as long as short |
| Aevo KAITO-PERP | +0.0104% | 1h | 0.3457 | −0.190% | $240K | $1K | 3x | as long as short |
| edgeX KAITOUSDC | +0.0119% | 4h | 0.3457 | −0.195% | $17K | $322K | 5x | as long as short |
| 01 Exchange KAITOUSD | +0.0240% | 1h | 0.3458 | −0.175% | $6K | $2K | 3x | as long as short |
| Hyperliquid KAITOlong | +0.0615% | 1h | 0.3464 | long leg | $2.0M | $741K | 5x | |
| Lighter KAITO | +0.1008% | 1h | 0.3469 | +0.145% | $82K | $82K | 5x | as long as short |
MEXC KAITO_USDT
KuCoin KAITOUSDTM
Bitget KAITOUSDT
BingX KAITO-USDC
Backpack KAITO_USDC_PERP
Variational Omni KAITO
GRVT KAITO_USDT_Perp
ApeX Omni KAITOUSDT
Polymarket Perps KAITO-USD
Orderly PERP_KAITO_USDC_mythos
Paradex KAITO-USD-PERP
Extended KAITO-USD
Aevo KAITO-PERP
edgeX KAITOUSDC
01 Exchange KAITOUSD
Lighter KAITO