Funding you earn now, next payment 22:00 UTC+0.0526%/8h= +57.6% APRpaid last 24h +0.055%
Price spread now: Hyperliquid against Orderly+0.187%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 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 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$16 a day on $10k at the current rate, and Hyperliquid is 0.187% dearer against Orderly than usual: you sell high and buy low: +$19 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_KAITO_USDC_mythos | 0.3434 | 0.0100 | pay 0.0050% / 4h | 2h 52m | $3K | $2K | 10x |
| Short | Hyperliquid KAITO | 0.3441 | 0.0626 | get 0.0078% / 1h | 52m 05s | $2.0M | $739K | 5x |
Orderly PERP_KAITO_USDC_mythos
Hyperliquid KAITOFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against Orderly. 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
- $110.54
- Price spread: +0.187% → 0.000%
- $18.69
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $114.23
- Costs to cover
- 0.150%
- Break-even
- from the start
Slippage unknown: Orderly: no order-book sample; Hyperliquid: live order book, 9 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 Orderly no order-book sample | — | — | — | — | — |
| Sell Hyperliquid live order book, 9 min ago | 1.74 bp | 15.6 bp −$16 | doesn't fit | doesn't fit | doesn't fit |
Orderly: 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 | −0.0258% | 1h | 0.3429 | −0.149% | $234K | $160K | 10x | as long as short |
| Injective KAITO/USDC PERP | −0.0057% | 1h | 0.3442 | +0.227% | $7K | $52K | 12x | as long as short |
| Backpack KAITO_USDC_PERP | −0.0042% | 1h | 0.3432 | −0.058% | $18K | $173K | 10x | as long as short |
| Reya KAITORUSDPERP | 0.0000% | 1h | 0.3370 | −1.858% | — | — | — | as long as short |
| Aster KAITOUSDT | +0.0100% | 4h | 0.3435 | +0.010% | $115K | $34K | 10x | as long as short |
| Pacifica KAITO | +0.0100% | 1h | 0.3435 | +0.023% | $17K | $12K | 5x | as long as short |
| Binance KAITOUSDT | +0.0100% | 4h | 0.3434 | +0.002% | $10.4M | $15.6M | 75x | as long as short |
| Bybit KAITOUSDT | +0.0100% | 4h | 0.3436 | +0.052% | $4.2M | $6.6M | 75x | as long as short |
| OKX KAITO-USDT-SWAP | +0.0100% | 4h | 0.3433 | −0.035% | $4.0M | $9.9M | 50x | as long as short |
| Gate KAITO_USDT | +0.0100% | 4h | 0.3436 | +0.052% | $666K | $1.7M | 75x | as long as short |
Kraken Futures PF_KAITOUSD
Injective KAITO/USDC PERP
Backpack KAITO_USDC_PERP
Reya KAITORUSDPERP
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 | 0.3433 | −0.035% | $3.2M | $1.0M | 50x | as long as short |
| KuCoin KAITOUSDTM | +0.0100% | 4h | 0.3434 | −0.006% | $1.4M | $183K | 30x | as long as short |
| Bitget KAITOUSDT | +0.0100% | 4h | 0.3436 | +0.052% | $4.2M | $2.9M | 75x | as long as short |
| BingX KAITO-USDT | +0.0100% | 4h | 0.3434 | −0.006% | — | $6.7M | — | as long as short |
| Variational Omni KAITO | +0.0100% | 4h | 0.3443 | +0.270% | $43K | $237K | — | as long as short |
| GRVT KAITO_USDT_Perp | +0.0100% | 4h | 0.3444 | +0.296% | $238K | $3.2M | 10x | as long as short |
| ApeX Omni KAITOUSDT | +0.0100% | 1h | 0.3441 | +0.198% | $29K | $256K | 50x | as long as short |
| Polymarket Perps KAITO-USD | +0.0100% | 1h | 0.3435 | +0.020% | $9K | $3.8M | 5x | as long as short |
| Orderly PERP_KAITO_USDC_mythoslong | +0.0100% | 4h | 0.3434 | long leg | $3K | $2K | 10x | |
| Extended KAITO-USD | +0.0104% | 1h | 0.3435 | +0.014% | $61K | $41K | 10x | as long as short |
| Aevo KAITO-PERP | +0.0104% | 1h | 0.3433 | −0.024% | $238K | $1K | 3x | as long as short |
| Paradex KAITO-USD-PERP | +0.0105% | 8h | 0.3434 | +0.008% | $4K | $604 | 10x | as long as short |
| edgeX KAITOUSDC | +0.0110% | 4h | 0.3444 | +0.289% | $17K | $320K | 5x | as long as short |
| BloFin KAITO-USDT | +0.0134% | 4h | 0.3440 | +0.169% | $539K | $59K | 75x | as long as short |
| 01 Exchange KAITOUSD | +0.0344% | 1h | 0.3432 | −0.055% | $6K | $2K | 3x | as long as short |
| Hyperliquid KAITOshort | +0.0626% | 1h | 0.3441 | +0.187% | $2.0M | $739K | 5x | |
| Lighter KAITO | +0.0888% | 1h | 0.3446 | +0.349% | $82K | $82K | 5x | as long as short |
MEXC KAITO_USDT
KuCoin KAITOUSDTM
Bitget KAITOUSDT
BingX KAITO-USDT
Variational Omni KAITO
GRVT KAITO_USDT_Perp
ApeX Omni KAITOUSDT
Polymarket Perps KAITO-USD
Extended KAITO-USD
Aevo KAITO-PERP
Paradex KAITO-USD-PERP
edgeX KAITOUSDC
BloFin KAITO-USDT
01 Exchange KAITOUSD
Lighter KAITO