Settings8H · net · $10k
Funding arb · Price arb /

KAITO

all KAITO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0172%/8h= +18.8% APRpaid last 24h +0.145%
Price spread now: Hyperliquid against KuCoin+0.089%7-day average +0.058% · you sell dearer than you buy
Net, funding: paid 7d − costs−$166as in the Funding arb table
Net, price: spread back to 7d avg − costs−$179as in the Price arb table
costs, in and out, $10k−$1821.823% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.163%+$16 on $10k
Price spread, last 7 days−0.043%−$4 · spread now +0.089%, 7d avg +0.058%
Together, before fees+0.120%+ Points / potential airdropHyperliquid: Season 2 · farm board+$12 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Hyperliquid is 0.032% dearer against KuCoin than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.058%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin KAITOUSDTM0.35380.0100pay 0.0050% / 4h40m 49s$1.4M$162K30x
ShortHyperliquid KAITO0.35410.0272get 0.0034% / 1h40m 49s$2.1M$872K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid against KuCoin. 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

Funding earned
$36.12
Price spread: +0.089% → +0.058%
$3.18
Slippage, 4 orders
−$161.26
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$142.97
Costs to cover
1.823%
Break-even
34.7 days
Slippage from KuCoin: live order book, 5 min ago; Hyperliquid: live order book, 10 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 5 min ago5.68 bp46.9 bp −$47975.2 bp −$9,752doesn't fitdoesn't fit
Sell Hyperliquid live order book, 10 min ago1.00 bp14.0 bp −$14doesn't fitdoesn't fitdoesn't fit

KAITO on 27 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Reya KAITORUSDPERP0.0000%1h0.3370−4.739%as long as short
BloFin KAITO-USDT+0.0059%4h0.35380.000%$554K$68K75xas long as short
Injective KAITO/USDC PERP+0.0068%1h0.3534−0.113%$7K$52K12xas long as short
Aster KAITOUSDT+0.0100%4h0.3535−0.086%$118K$51K10xas long as short
Pacifica KAITO+0.0100%1h0.3538+0.012%$19K$14K5xas long as short
Binance KAITOUSDT+0.0100%4h0.3534−0.113%$10.8M$17.4M75xas long as short
Bybit KAITOUSDT+0.0100%4h0.35380.000%$4.6M$8.2M75xas long as short
OKX KAITO-USDT-SWAP+0.0100%4h0.3531−0.198%$4.3M$11.2M50xas long as short
Gate KAITO_USDT+0.0100%4h0.3535−0.085%$662K$1.7M75xas long as short
MEXC KAITO_USDT+0.0100%4h0.3534−0.113%$3.0M$1.2M50xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin KAITOUSDTMlong+0.0100%4h0.3538long leg$1.4M$162K30x
Bitget KAITOUSDT+0.0100%4h0.3536−0.057%$4.4M$3.5M75xas long as short
BingX KAITO-USDC+0.0100%4h0.3535−0.085%$6.5Mas long as short
Backpack KAITO_USDC_PERP+0.0100%1h0.3536−0.051%$20K$192K10xas long as short
Variational Omni KAITO+0.0100%4h0.3541+0.094%$45K$211Kas long as short
GRVT KAITO_USDT_Perp+0.0100%4h0.3522−0.439%$250K$2.4M10xas long as short
ApeX Omni KAITOUSDT+0.0100%1h0.3520−0.509%$29K$259K50xas long as short
Polymarket Perps KAITO-USD+0.0100%1h0.3540+0.065%$12K$4.9M5xas long as short
Orderly PERP_KAITO_USDC_mythos+0.0100%4h0.3539+0.023%$3K$2K10xas long as short
Extended KAITO-USD+0.0104%1h0.3534−0.119%$81K$63K10xas long as short
Aevo KAITO-PERP+0.0104%1h0.3536−0.061%$245K3xas long as short
Paradex KAITO-USD-PERP+0.0112%8h0.3541+0.088%$4K$60410xas long as short
edgeX KAITOUSDC+0.0115%4h0.3534−0.119%$17K$325K5xas long as short
Hyperliquid KAITOshort+0.0272%1h0.3541+0.089%$2.1M$872K5x
Kraken Futures PF_KAITOUSD+0.0660%1h0.3534−0.106%$248K$159K10xas long as short
Lighter KAITO+0.0856%1h0.3554+0.444%$87K$102K5xas long as short
01 Exchange KAITOUSD+0.5208%1h0.3539+0.028%$6K$9883xas long as short