Funding you earn now, next payment 00:00 UTC+0.0885%/8h= +96.9% APRpaid last 24h +0.069%
Price spread now: Hyperliquid against Paradex+0.239%54s7-day average — · you sell dearer than you buy
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 airdropParadex: Active · Hyperliquid: Season 2 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$27 a day on $10k at the current rate, and Hyperliquid is 0.239% dearer against Paradex than usual: you sell high and buy low: +$24 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex KAITO-USD-PERP | 0.3486 | 0.0102 | pay 0.0102% / 8h | 2m 44s | $4K | $604 | 10x |
| Short | Hyperliquid KAITO | 0.3494 | 0.0987 | get 0.0123% / 1h | 2m 44s | $2.0M | $766K | 5x |
Paradex KAITO-USD-PERP
Hyperliquid KAITOFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against Paradex. 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
- $185.8
- Price spread: +0.239% → 0.000%
- $23.94
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $196.74
- Costs to cover
- 0.130%
- Break-even
- from the start
Slippage unknown: Paradex: 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 Paradex no order-book sample | — | — | — | — | — |
| Sell Hyperliquid live order book, 8 min ago | 0.14 bp | 13.1 bp −$13 | doesn't fit | doesn't fit | doesn't fit |
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 | −0.0010% | 1h | 0.3476 | −0.274% | $7K | $52K | 12x | as long as short |
| Reya KAITORUSDPERP | 0.0000% | 1h | 0.3370 | −3.311% | — | — | — | as long as short |
| BloFin KAITO-USDT | +0.0046% | 4h | 0.3486 | +0.013% | $546K | $62K | 75x | as long as short |
| Aster KAITOUSDT | +0.0100% | 4h | 0.3486 | +0.007% | $116K | $34K | 10x | as long as short |
| Pacifica KAITO | +0.0100% | 1h | 0.3489 | +0.098% | $18K | $12K | 5x | as long as short |
| Binance KAITOUSDT | +0.0100% | 4h | 0.3486 | +0.022% | $10.6M | $15.8M | 75x | as long as short |
| Bybit KAITOUSDT | +0.0100% | 4h | 0.3491 | +0.156% | $4.4M | $6.8M | 75x | as long as short |
| OKX KAITO-USDT-SWAP | +0.0100% | 4h | 0.3485 | −0.016% | $4.2M | $10.0M | 50x | as long as short |
| Gate KAITO_USDT | +0.0100% | 4h | 0.3488 | +0.070% | $685K | $1.7M | 75x | as long as short |
| MEXC KAITO_USDT | +0.0100% | 4h | 0.3486 | +0.013% | $3.4M | $1.0M | 50x | as long as short |
Injective KAITO/USDC PERP
Reya KAITORUSDPERP
BloFin KAITO-USDT
Aster KAITOUSDT
Pacifica KAITO
Binance KAITOUSDT
Bybit KAITOUSDT
OKX KAITO-USDT-SWAP
Gate KAITO_USDT
MEXC KAITO_USDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin KAITOUSDTM | +0.0100% | 4h | 0.3486 | +0.013% | $1.4M | $166K | 30x | as long as short |
| Bitget KAITOUSDT | +0.0100% | 4h | 0.3493 | +0.214% | $4.3M | $3.0M | 75x | as long as short |
| BingX KAITO-USDT | +0.0100% | 4h | 0.3486 | +0.013% | — | $6.7M | — | as long as short |
| Backpack KAITO_USDC_PERP | +0.0100% | 1h | 0.3486 | +0.001% | $18K | $164K | 10x | as long as short |
| Variational Omni KAITO | +0.0100% | 4h | 0.3475 | −0.302% | $44K | $230K | — | as long as short |
| GRVT KAITO_USDT_Perp | +0.0100% | 4h | 0.3473 | −0.360% | $234K | $2.9M | 10x | as long as short |
| ApeX Omni KAITOUSDT | +0.0100% | 1h | 0.3474 | −0.332% | $30K | $257K | 50x | as long as short |
| Polymarket Perps KAITO-USD | +0.0100% | 1h | 0.3488 | +0.082% | $10K | $4.2M | 5x | as long as short |
| Orderly PERP_KAITO_USDC_mythos | +0.0100% | 4h | 0.3484 | −0.056% | $3K | $2K | 10x | as long as short |
| Paradex KAITO-USD-PERPlong | +0.0102% | 8h | 0.3486 | long leg | $4K | $604 | 10x | |
| edgeX KAITOUSDC | +0.0103% | 4h | 0.3474 | −0.339% | $17K | $322K | 5x | as long as short |
| Extended KAITO-USD | +0.0104% | 1h | 0.3487 | +0.051% | $62K | $41K | 10x | as long as short |
| Aevo KAITO-PERP | +0.0104% | 1h | 0.3484 | −0.032% | $242K | $1K | 3x | as long as short |
| Hyperliquid KAITOshort | +0.0987% | 1h | 0.3494 | +0.239% | $2.0M | $766K | 5x | |
| Kraken Futures PF_KAITOUSD | +0.1002% | 1h | 0.3489 | +0.094% | $240K | $157K | 10x | as long as short |
| Lighter KAITO | +0.1512% | 1h | 0.3497 | +0.325% | $84K | $83K | 5x | as long as short |
| 01 Exchange KAITOUSD | +0.8968% | 1h | 0.3576 | +2.583% | $6K | $2K | 3x | as long as short |
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
Extended KAITO-USD
Aevo KAITO-PERP
Kraken Futures PF_KAITOUSD
Lighter KAITO
01 Exchange KAITOUSD