Funding you earn now, next payment 04:00 UTC−0.0732%/8h= −80.1% APRpaid last 24h −0.114%
Price spread now: OKX against Hyperliquid−0.174%7-day average −0.079% · you buy dearer than you sell
Net, funding: paid 7d − costs−$74as in the Funding arb table
Net, price: spread back to 7d avg − costs−$59as in the Price arb table
costs, in and out, $10k−$500.497% of the position
Funding, last 7 days−0.240%−$24 on $10k
+Price spread, last 7 days+0.055%+$6 · spread now −0.174%, 7d avg −0.079%
=Together, before fees−0.185%+ Points / potential airdropHyperliquid: Season 2 · farm board−$18 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$22 a day on $10k at the current rate, and OKX is 0.095% cheaper against Hyperliquid than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of −0.079%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.240% in total (about -12.5% 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 | 0.3503 | 0.0832 | pay 0.0104% / 1h | 27m 33s | $2.1M | $816K | 5x |
| Short | OKX KAITO-USDT-SWAP | 0.3497 | 0.0100 | get 0.0050% / 4h | 27m 33s | $4.3M | $10.8M | 50x |
Hyperliquid KAITO
OKX KAITO-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$153.68
- Price spread: −0.174% → −0.079%
- −$9.47
- Slippage, 4 orders
- −$30.73
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$212.87
- Costs to cover
- 0.497%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 3 min ago; OKX: 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, 3 min ago | 1.42 bp | 12.2 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 6 min ago | 1.44 bp | 11.2 bp −$11 | 30.3 bp −$303 | 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 | −0.0442% | 1h | 0.3497 | −0.183% | $18K | $175K | 10x | as long as short |
| Injective KAITO/USDC PERP | −0.0154% | 1h | 0.3458 | −1.287% | $7K | $52K | 12x | as long as short |
| Reya KAITORUSDPERP | 0.0000% | 1h | 0.3370 | −3.792% | — | — | — | as long as short |
| Aster KAITOUSDT | +0.0100% | 4h | 0.3499 | −0.125% | $118K | $51K | 10x | as long as short |
| Pacifica KAITO | +0.0100% | 1h | 0.3501 | −0.048% | $18K | $15K | 5x | as long as short |
| Binance KAITOUSDT | +0.0100% | 4h | 0.3500 | −0.089% | $10.6M | $16.9M | 75x | as long as short |
| Bybit KAITOUSDT | +0.0100% | 4h | 0.3501 | −0.060% | $4.3M | $7.6M | 75x | as long as short |
| OKX KAITO-USDT-SWAPshort | +0.0100% | 4h | 0.3497 | −0.174% | $4.3M | $10.8M | 50x | |
| Gate KAITO_USDT | +0.0100% | 4h | 0.3501 | −0.060% | $667K | $1.7M | 75x | as long as short |
| MEXC KAITO_USDT | +0.0100% | 4h | 0.3499 | −0.117% | $3.4M | $1.1M | 50x | as long as short |
Backpack KAITO_USDC_PERP
Injective KAITO/USDC PERP
Reya KAITORUSDPERP
Aster KAITOUSDT
Pacifica KAITO
Binance KAITOUSDT
Bybit KAITOUSDT
Gate KAITO_USDT
MEXC KAITO_USDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin KAITOUSDTM | +0.0100% | 4h | 0.3502 | −0.031% | $1.4M | $170K | 30x | as long as short |
| Bitget KAITOUSDT | +0.0100% | 4h | 0.3501 | −0.060% | $4.4M | $3.4M | 75x | as long as short |
| BingX KAITO-USDT | +0.0100% | 4h | 0.3499 | −0.117% | — | $6.7M | — | as long as short |
| Variational Omni KAITO | +0.0100% | 4h | 0.3500 | −0.077% | $44K | $228K | — | as long as short |
| GRVT KAITO_USDT_Perp | +0.0100% | 4h | 0.3499 | −0.124% | $239K | $2.6M | 10x | as long as short |
| ApeX Omni KAITOUSDT | +0.0100% | 1h | 0.3507 | +0.111% | $28K | $258K | 50x | as long as short |
| Polymarket Perps KAITO-USD | +0.0100% | 1h | 0.3501 | −0.063% | $20K | $4.4M | 5x | as long as short |
| Orderly PERP_KAITO_USDC_mythos | +0.0100% | 4h | 0.3503 | −0.014% | $3K | $2K | 10x | as long as short |
| Extended KAITO-USD | +0.0104% | 1h | 0.3501 | −0.056% | $78K | $62K | 10x | as long as short |
| Aevo KAITO-PERP | +0.0104% | 1h | 0.3502 | −0.021% | $243K | — | 3x | as long as short |
| edgeX KAITOUSDC | +0.0113% | 4h | 0.3497 | −0.171% | $17K | $325K | 5x | as long as short |
| BloFin KAITO-USDT | +0.0117% | 4h | 0.3509 | +0.168% | $552K | $67K | 75x | as long as short |
| Paradex KAITO-USD-PERP | +0.0122% | 8h | 0.3502 | −0.020% | $4K | $604 | 10x | as long as short |
| Kraken Futures PF_KAITOUSD | +0.0399% | 1h | 0.3503 | −0.011% | $247K | $156K | 10x | as long as short |
| 01 Exchange KAITOUSD | +0.0648% | 1h | 0.3499 | −0.117% | $6K | $2K | 3x | as long as short |
| Hyperliquid KAITOlong | +0.0832% | 1h | 0.3503 | long leg | $2.1M | $816K | 5x | |
| Lighter KAITO | +0.1072% | 1h | 0.3512 | +0.257% | $86K | $92K | 5x | as long as short |
KuCoin KAITOUSDTM
Bitget KAITOUSDT
BingX KAITO-USDT
Variational Omni KAITO
GRVT KAITO_USDT_Perp
ApeX Omni KAITOUSDT
Polymarket Perps KAITO-USD
Orderly PERP_KAITO_USDC_mythos
Extended KAITO-USD
Aevo KAITO-PERP
edgeX KAITOUSDC
BloFin KAITO-USDT
Paradex KAITO-USD-PERP
Kraken Futures PF_KAITOUSD
01 Exchange KAITOUSD
Lighter KAITO