Funding you earn now, next payment 01:00 UTC−0.0865%/8h= −94.7% APRpaid last 24h −0.080%
Price spread now: Paradex against Hyperliquid−0.091%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropHyperliquid: Season 2 · Paradex: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$26 a day on $10k at the current rate, and Paradex is 0.091% cheaper against Hyperliquid than usual: you would sell low and buy high (−$9 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid KAITO | 0.3494 | 0.0967 | pay 0.0121% / 1h | 39m 07s | $2.0M | $764K | 5x |
| Short | Paradex KAITO-USD-PERP | 0.3490 | 0.0102 | get 0.0102% / 8h | 7h 39m | $4K | $604 | 10x |
Hyperliquid KAITO
Paradex KAITO-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex 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
- −$181.64
- Price spread: −0.091% → 0.000%
- −$9.09
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$203.73
- Costs to cover
- 0.130%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 2 min ago; Paradex: no order-book sample. Net counts fees only.
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 | 0.14 bp | 12.0 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
| Sell Paradex no order-book sample | — | — | — | — | — |
Paradex: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.103% | $7K | $52K | 12x | as long as short |
| Reya KAITORUSDPERP | 0.0000% | 1h | 0.3370 | −3.533% | — | — | — | as long as short |
| Aster KAITOUSDT | +0.0100% | 4h | 0.3487 | −0.184% | $116K | $34K | 10x | as long as short |
| Pacifica KAITO | +0.0100% | 1h | 0.3494 | +0.007% | $18K | $12K | 5x | as long as short |
| Binance KAITOUSDT | +0.0100% | 4h | 0.3487 | −0.180% | $10.6M | $15.7M | 75x | as long as short |
| Bybit KAITOUSDT | +0.0100% | 4h | 0.3490 | −0.103% | $4.4M | $6.8M | 75x | as long as short |
| OKX KAITO-USDT-SWAP | +0.0100% | 4h | 0.3486 | −0.218% | $4.2M | $10.0M | 50x | as long as short |
| MEXC KAITO_USDT | +0.0100% | 4h | 0.3486 | −0.218% | $3.4M | $1.0M | 50x | as long as short |
| KuCoin KAITOUSDTM | +0.0100% | 4h | 0.3492 | −0.046% | $1.4M | $165K | 30x | as long as short |
| Bitget KAITOUSDT | +0.0100% | 4h | 0.3491 | −0.074% | $4.3M | $3.0M | 75x | as long as short |
Injective KAITO/USDC PERP
Reya KAITORUSDPERP
Aster KAITOUSDT
Pacifica KAITO
Binance KAITOUSDT
Bybit KAITOUSDT
OKX KAITO-USDT-SWAP
MEXC KAITO_USDT
KuCoin KAITOUSDTM
Bitget KAITOUSDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX KAITO-USDT | +0.0100% | 4h | 0.3487 | −0.189% | — | $6.7M | — | as long as short |
| Backpack KAITO_USDC_PERP | +0.0100% | 1h | 0.3486 | −0.209% | $18K | $161K | 10x | as long as short |
| Variational Omni KAITO | +0.0100% | 4h | 0.3493 | −0.018% | $44K | $230K | — | as long as short |
| GRVT KAITO_USDT_Perp | +0.0100% | 4h | 0.3486 | −0.209% | $235K | $2.9M | 10x | as long as short |
| ApeX Omni KAITOUSDT | +0.0100% | 1h | 0.3490 | −0.103% | $30K | $257K | 50x | as long as short |
| Polymarket Perps KAITO-USD | +0.0100% | 1h | 0.3489 | −0.120% | $15K | $4.1M | 5x | as long as short |
| Orderly PERP_KAITO_USDC_mythos | +0.0100% | 4h | 0.3488 | −0.169% | $3K | $2K | 10x | as long as short |
| Paradex KAITO-USD-PERPshort | +0.0102% | 8h | 0.3490 | −0.091% | $4K | $604 | 10x | |
| edgeX KAITOUSDC | +0.0103% | 4h | 0.3489 | −0.139% | $17K | $322K | 5x | as long as short |
| Extended KAITO-USD | +0.0104% | 1h | 0.3487 | −0.195% | $78K | $57K | 10x | as long as short |
| Aevo KAITO-PERP | +0.0104% | 1h | 0.3486 | −0.204% | $242K | — | 3x | as long as short |
| BloFin KAITO-USDT | +0.0136% | 4h | 0.3487 | −0.189% | $547K | $60K | 75x | as long as short |
| Gate KAITO_USDT | +0.0354% | 4h | 0.3491 | −0.074% | $697K | $1.7M | 75x | as long as short |
| Kraken Futures PF_KAITOUSD | +0.0852% | 1h | 0.3487 | −0.199% | $241K | $155K | 10x | as long as short |
| Hyperliquid KAITOlong | +0.0967% | 1h | 0.3494 | long leg | $2.0M | $764K | 5x | |
| Lighter KAITO | +0.1688% | 1h | 0.3499 | +0.160% | $89K | $89K | 5x | as long as short |
| 01 Exchange KAITOUSD | +0.6648% | 1h | 0.3486 | −0.206% | $6K | $2K | 3x | as long as short |
BingX KAITO-USDT
Backpack KAITO_USDC_PERP
Variational Omni KAITO
GRVT KAITO_USDT_Perp
ApeX Omni KAITOUSDT
Polymarket Perps KAITO-USD
Orderly PERP_KAITO_USDC_mythos
edgeX KAITOUSDC
Extended KAITO-USD
Aevo KAITO-PERP
BloFin KAITO-USDT
Gate KAITO_USDT
Kraken Futures PF_KAITOUSD
Lighter KAITO
01 Exchange KAITOUSD