Funding you earn now, next payment 23:00 UTC−0.0660%/8h= −72.3% APRpaid last 24h −0.062%
Price spread now: KuCoin against Hyperliquid−0.177%7-day average −0.053% · you buy dearer than you sell
Net, funding: paid 7d − costs−$148as in the Funding arb table
Net, price: spread back to 7d avg − costs−$152as in the Price arb table
costs, in and out, $10k−$1391.395% of the position
Funding, last 7 days−0.084%−$8 on $10k
+Price spread, last 7 days+0.184%+$18 · spread now −0.177%, 7d avg −0.053%
=Together, before fees+0.100%+ Points / potential airdropHyperliquid: Season 2 · farm board+$10 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$20 a day on $10k at the current rate, and KuCoin is 0.124% cheaper against Hyperliquid than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of −0.053%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.084% in total (about -4.4% 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 | Hyperliquid KAITO | 0.3493 | 0.0760 | pay 0.0095% / 1h | 9m 03s | $2.0M | $741K | 5x |
| Short | KuCoin KAITOUSDTM | 0.3487 | 0.0100 | get 0.0050% / 4h | 1h 09m | $1.4M | $167K | 30x |
Hyperliquid KAITO
KuCoin KAITOUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$138.63
- Price spread: −0.177% → −0.053%
- −$12.44
- Slippage, 4 orders
- −$118.46
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$290.53
- Costs to cover
- 1.395%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 2 min ago; KuCoin: live order book, 6 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, 2 min ago | 1.43 bp | 10.0 bp −$10 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 6 min ago | 5.74 bp | 67.1 bp −$67 | 912.0 bp −$9,120 | 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_KAITOUSD | −0.0430% | 1h | 0.3486 | −0.197% | $240K | $157K | 10x | as long as short |
| Injective KAITO/USDC PERP | −0.0055% | 1h | 0.3461 | −0.922% | $7K | $52K | 12x | as long as short |
| Reya KAITORUSDPERP | 0.0000% | 1h | 0.3370 | −3.520% | — | — | — | as long as short |
| BloFin KAITO-USDT | +0.0065% | 4h | 0.3490 | −0.092% | $544K | $61K | 75x | as long as short |
| Aster KAITOUSDT | +0.0100% | 4h | 0.3488 | −0.147% | $117K | $34K | 10x | as long as short |
| Pacifica KAITO | +0.0100% | 1h | 0.3485 | −0.235% | $18K | $12K | 5x | as long as short |
| Binance KAITOUSDT | +0.0100% | 4h | 0.3484 | −0.257% | $10.5M | $15.7M | 75x | as long as short |
| Bybit KAITOUSDT | +0.0100% | 4h | 0.3487 | −0.177% | $4.3M | $6.7M | 75x | as long as short |
| OKX KAITO-USDT-SWAP | +0.0100% | 4h | 0.3480 | −0.378% | $4.1M | $10.0M | 50x | as long as short |
| Gate KAITO_USDT | +0.0100% | 4h | 0.3487 | −0.177% | $691K | $1.7M | 75x | as long as short |
Kraken Futures PF_KAITOUSD
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 | 0.3486 | −0.206% | $3.3M | $1.1M | 50x | as long as short |
| KuCoin KAITOUSDTMshort | +0.0100% | 4h | 0.3487 | −0.177% | $1.4M | $167K | 30x | |
| Bitget KAITOUSDT | +0.0100% | 4h | 0.3489 | −0.120% | $4.3M | $3.0M | 75x | as long as short |
| BingX KAITO-USDC | +0.0100% | 4h | 0.3486 | −0.206% | — | $6.5M | — | as long as short |
| Backpack KAITO_USDC_PERP | +0.0100% | 1h | 0.3485 | −0.235% | $19K | $168K | 10x | as long as short |
| Variational Omni KAITO | +0.0100% | 4h | 0.3488 | −0.148% | $44K | $234K | — | as long as short |
| GRVT KAITO_USDT_Perp | +0.0100% | 4h | 0.3477 | −0.462% | $235K | $3.1M | 10x | as long as short |
| ApeX Omni KAITOUSDT | +0.0100% | 1h | 0.3479 | −0.407% | $30K | $257K | 50x | as long as short |
| Polymarket Perps KAITO-USD | +0.0100% | 1h | 0.3490 | −0.097% | $14K | $4.1M | 5x | as long as short |
| Orderly PERP_KAITO_USDC_mythos | +0.0100% | 4h | 0.3486 | −0.195% | $3K | $2K | 10x | as long as short |
| Paradex KAITO-USD-PERP | +0.0101% | 8h | 0.3486 | −0.206% | $4K | $604 | 10x | as long as short |
| edgeX KAITOUSDC | +0.0103% | 4h | 0.3484 | −0.263% | $17K | $321K | 5x | as long as short |
| Extended KAITO-USD | +0.0104% | 1h | 0.3483 | −0.291% | $62K | $41K | 10x | as long as short |
| Aevo KAITO-PERP | +0.0104% | 1h | 0.3487 | −0.190% | $242K | $1K | 3x | as long as short |
| Hyperliquid KAITOlong | +0.0760% | 1h | 0.3493 | long leg | $2.0M | $741K | 5x | |
| Lighter KAITO | +0.1192% | 1h | 0.3497 | +0.109% | $84K | $82K | 5x | as long as short |
| 01 Exchange KAITOUSD | +0.2128% | 1h | 0.3576 | +2.359% | $6K | $2K | 3x | as long as short |
MEXC KAITO_USDT
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
edgeX KAITOUSDC
Extended KAITO-USD
Aevo KAITO-PERP
Lighter KAITO
01 Exchange KAITOUSD