Funding you earn now, next payment 23:00 UTC−0.0731%/8h= −80.0% APRnext payment −$0.91 per $10,000 · paid last 24h —
Price spread now: Reya against Hyperliquid−2.870%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropHyperliquid: Season 2 · Reya: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$22 a day on $10k at the current rate, and Reya is 2.870% cheaper against Hyperliquid than usual: you would sell low and buy high (−$287 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 | 0.3470 | 0.0731 | pay 0.0091% / 1h | 37m 52s | $2.0M | $738K | 5x |
| Short | Reya KAITORUSDPERP | 0.3370 | 0 | get 0.0000% / 1h | 37m 52s | — | — | — |
Hyperliquid KAITO
Reya KAITORUSDPERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Reya 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
- −$153.46
- Price spread: −2.870% → 0.000%
- −$287.02
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- −$455.48
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 3 min ago; Reya: 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, 3 min ago | 1.44 bp | 9.8 bp −$10 | doesn't fit | doesn't fit | doesn't fit |
| Sell Reya no order-book sample | — | — | — | — | — |
Reya: 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_KAITOUSD | −0.0432% | 1h | 0.3467 | −0.091% | $237K | $158K | 10x | as long as short |
| Injective KAITO/USDC PERP | −0.0055% | 1h | 0.3446 | −0.686% | $7K | $52K | 12x | as long as short |
| Reya KAITORUSDPERPshort | 0.0000% | 1h | 0.3370 | −2.870% | — | — | — | |
| BloFin KAITO-USDT | +0.0087% | 4h | 0.3466 | −0.110% | $533K | $59K | 75x | as long as short |
| Aster KAITOUSDT | +0.0100% | 4h | 0.3466 | −0.099% | $116K | $34K | 10x | as long as short |
| Pacifica KAITO | +0.0100% | 1h | 0.3469 | −0.028% | $18K | $12K | 5x | as long as short |
| Binance KAITOUSDT | +0.0100% | 4h | 0.3463 | −0.183% | $10.4M | $15.6M | 75x | as long as short |
| Bybit KAITOUSDT | +0.0100% | 4h | 0.3466 | −0.110% | $4.3M | $6.6M | 75x | as long as short |
| OKX KAITO-USDT-SWAP | +0.0100% | 4h | 0.3461 | −0.254% | $4.1M | $9.9M | 50x | as long as short |
| Gate KAITO_USDT | +0.0100% | 4h | 0.3466 | −0.110% | $674K | $1.7M | 75x | as long as short |
Kraken Futures PF_KAITOUSD
Injective KAITO/USDC PERP
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 | 0.3463 | −0.196% | $3.3M | $1.0M | 50x | as long as short |
| KuCoin KAITOUSDTM | +0.0100% | 4h | 0.3468 | −0.052% | $1.4M | $166K | 30x | as long as short |
| Bitget KAITOUSDT | +0.0100% | 4h | 0.3466 | −0.110% | $4.2M | $2.9M | 75x | as long as short |
| BingX KAITO-USDT | +0.0100% | 4h | 0.3467 | −0.081% | — | $6.7M | — | as long as short |
| Backpack KAITO_USDC_PERP | +0.0100% | 1h | 0.3466 | −0.121% | $18K | $168K | 10x | as long as short |
| Variational Omni KAITO | +0.0100% | 4h | 0.3469 | −0.020% | $43K | $234K | — | as long as short |
| GRVT KAITO_USDT_Perp | +0.0100% | 4h | 0.3467 | −0.082% | $241K | $3.1M | 10x | as long as short |
| ApeX Omni KAITOUSDT | +0.0100% | 1h | 0.3468 | −0.052% | $30K | $256K | 50x | as long as short |
| Polymarket Perps KAITO-USD | +0.0100% | 1h | 0.3472 | +0.066% | $11K | $4.0M | 5x | as long as short |
| Orderly PERP_KAITO_USDC_mythos | +0.0100% | 4h | 0.3468 | −0.049% | $3K | $2K | 10x | as long as short |
| edgeX KAITOUSDC | +0.0100% | 4h | 0.3468 | −0.066% | $17K | $320K | 5x | as long as short |
| Paradex KAITO-USD-PERP | +0.0101% | 8h | 0.3469 | −0.014% | $4K | $604 | 10x | as long as short |
| Extended KAITO-USD | +0.0104% | 1h | 0.3465 | −0.150% | $62K | $41K | 10x | as long as short |
| Aevo KAITO-PERP | +0.0104% | 1h | 0.3468 | −0.066% | $241K | $1K | 3x | as long as short |
| 01 Exchange KAITOUSD | +0.0248% | 1h | 0.3470 | +0.009% | $6K | $2K | 3x | as long as short |
| Hyperliquid KAITOlong | +0.0731% | 1h | 0.3470 | long leg | $2.0M | $738K | 5x | |
| Lighter KAITO | +0.1120% | 1h | 0.3478 | +0.236% | $83K | $82K | 5x | as long as short |
MEXC KAITO_USDT
KuCoin KAITOUSDTM
Bitget KAITOUSDT
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
Paradex KAITO-USD-PERP
Extended KAITO-USD
Aevo KAITO-PERP
01 Exchange KAITOUSD
Lighter KAITO