KAITO

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.1000%/8h= +109.5% APRnext payment +$1.25 per $10,000 · paid last 24h +0.227%

Price spread now: Hyperliquid against Injective+0.618%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Injective Short on Hyperliquid

What this pair did over the last

the charts below follow

Funding, last 7 days−0.636%−$64 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$30 a day on $10k at the current rate, and Hyperliquid is 0.618% dearer against Injective than usual: you sell high and buy low: +$62 more if the spread goes back to zero (this spread has no 7-day history yet). Mind the row above: over the last 7 days funding on this pair cost −0.636%, so the current rate has only just turned in your favour.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.636% in total (about -33.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.25 per $10,000. 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	Injective KAITO/USDC PERP	0.3476	−0.0015	get 0.0002% / 1h	42m 51s	$7K	$52K	12x
Short	Hyperliquid KAITO	0.3497	0.0985	get 0.0123% / 1h	42m 51s	$2.0M	$767K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hyperliquid against Injective. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee InjectivebpFee HyperliquidbpOrdersPrice spread, now +0.618%Rate

Funding earned: $210.03
Price spread: +0.618% → 0.000%: $61.82
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Net: $262.83
Costs to cover: 0.090%
Break-even: from the start

Slippage unknown: Injective: no order-book sample; Hyperliquid: live order book, 8 min ago. 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 Injective no order-book sample	—	—	—	—	—
Sell Hyperliquid live order book, 8 min ago	0.29 bp	13.1 bp −$13	doesn't fit	doesn't fit	doesn't fit

Injective: 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 PERPlong	−0.0015%	1h	0.3476	long leg	$7K	$52K	12x
Reya KAITORUSDPERP	0.0000%	1h	0.3370	−3.044%	—	—	—	as long as short
BloFin KAITO-USDT	+0.0071%	4h	0.3489	+0.374%	$546K	$61K	75x	as long as short
Aster KAITOUSDT	+0.0100%	4h	0.3491	+0.428%	$117K	$34K	10x	as long as short
Pacifica KAITO	+0.0100%	1h	0.3486	+0.288%	$18K	$12K	5x	as long as short
Binance KAITOUSDT	+0.0100%	4h	0.3491	+0.432%	$10.6M	$15.7M	75x	as long as short
Bybit KAITOUSDT	+0.0100%	4h	0.3495	+0.547%	$4.4M	$6.8M	75x	as long as short
OKX KAITO-USDT-SWAP	+0.0100%	4h	0.3490	+0.403%	$4.2M	$10.0M	50x	as long as short
MEXC KAITO_USDT	+0.0100%	4h	0.3492	+0.460%	$3.4M	$1.0M	50x	as long as short
KuCoin KAITOUSDTM	+0.0100%	4h	0.3489	+0.374%	$1.4M	$166K	30x	as long as short

Show all 27 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget KAITOUSDT	+0.0100%	4h	0.3496	+0.575%	$4.3M	$3.0M	75x	as long as short
BingX KAITO-USDT	+0.0100%	4h	0.3491	+0.432%	—	$6.7M	—	as long as short
Backpack KAITO_USDC_PERP	+0.0100%	1h	0.3489	+0.386%	$18K	$161K	10x	as long as short
Variational Omni KAITO	+0.0100%	4h	0.3486	+0.287%	$44K	$230K	—	as long as short
GRVT KAITO_USDT_Perp	+0.0100%	4h	0.3480	+0.123%	$234K	$2.9M	10x	as long as short
ApeX Omni KAITOUSDT	+0.0100%	1h	0.3480	+0.115%	$30K	$257K	50x	as long as short
Orderly PERP_KAITO_USDC_mythos	+0.0100%	4h	0.3489	+0.368%	$3K	$2K	10x	as long as short
edgeX KAITOUSDC	+0.0101%	4h	0.3481	+0.136%	$17K	$324K	5x	as long as short
Paradex KAITO-USD-PERP	+0.0102%	8h	0.3487	+0.327%	$4K	$604	10x	as long as short
Extended KAITO-USD	+0.0104%	1h	0.3494	+0.511%	$78K	$57K	10x	as long as short
Aevo KAITO-PERP	+0.0104%	1h	0.3489	+0.385%	$242K	—	3x	as long as short
Polymarket Perps KAITO-USD	+0.0109%	1h	0.3491	+0.443%	$9K	$4.1M	5x	as long as short
Gate KAITO_USDT	+0.0190%	4h	0.3492	+0.460%	$697K	$1.7M	75x	as long as short
Kraken Futures PF_KAITOUSD	+0.0852%	1h	0.3489	+0.380%	$241K	$158K	10x	as long as short
Hyperliquid KAITOshort	+0.0985%	1h	0.3497	+0.618%	$2.0M	$767K	5x
Lighter KAITO	+0.1776%	1h	0.3501	+0.713%	$89K	$89K	5x	as long as short
01 Exchange KAITOUSD	+0.8216%	1h	0.3488	+0.354%	$6K	$2K	3x	as long as short