Funding you earn now, next payment 23:00 UTC+0.0748%/8h= +81.9% APRnext payment +$0.94 per $10,000 · paid last 24h —
Price spread now: Hyperliquid against Reya+3.133%7-day average — · you sell dearer than you buy
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 airdropReya: Active · Hyperliquid: Season 2 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$22 a day on $10k at the current rate, and Hyperliquid is 3.133% dearer against Reya than usual: you sell high and buy low: +$313 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 | Reya KAITORUSDPERP | 0.3370 | 0 | get 0.0000% / 1h | 38m 11s | — | — | — |
| Short | Hyperliquid KAITO | 0.3476 | 0.0748 | get 0.0094% / 1h | 38m 11s | $2.0M | $738K | 5x |
Reya KAITORUSDPERP
Hyperliquid KAITOFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against Reya. 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
- $157.1
- Price spread: +3.133% → 0.000%
- $313.3
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $455.4
- Costs to cover
- 0.150%
- Break-even
- from the start
Slippage unknown: Reya: no order-book sample; Hyperliquid: live order book, 3 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 Reya no order-book sample | — | — | — | — | — |
| Sell Hyperliquid live order book, 3 min ago | 1.44 bp | 17.1 bp −$17 | doesn't fit | doesn't fit | doesn't fit |
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 | +2.861% | $237K | $158K | 10x | as long as short |
| Injective KAITO/USDC PERP | −0.0055% | 1h | 0.3446 | +2.249% | $7K | $52K | 12x | as long as short |
| Reya KAITORUSDPERPlong | 0.0000% | 1h | 0.3370 | long leg | — | — | — | |
| BloFin KAITO-USDT | +0.0087% | 4h | 0.3466 | +2.842% | $533K | $59K | 75x | as long as short |
| Aster KAITOUSDT | +0.0100% | 4h | 0.3469 | +2.940% | $116K | $34K | 10x | as long as short |
| Pacifica KAITO | +0.0100% | 1h | 0.3469 | +2.926% | $18K | $12K | 5x | as long as short |
| Binance KAITOUSDT | +0.0100% | 4h | 0.3467 | +2.872% | $10.5M | $15.6M | 75x | as long as short |
| Bybit KAITOUSDT | +0.0100% | 4h | 0.3469 | +2.931% | $4.3M | $6.6M | 75x | as long as short |
| OKX KAITO-USDT-SWAP | +0.0100% | 4h | 0.3464 | +2.783% | $4.1M | $9.9M | 50x | as long as short |
| Gate KAITO_USDT | +0.0100% | 4h | 0.3471 | +2.991% | $675K | $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 | 0.3467 | +2.872% | $3.3M | $1.0M | 50x | as long as short |
| KuCoin KAITOUSDTM | +0.0100% | 4h | 0.3469 | +2.931% | $1.4M | $166K | 30x | as long as short |
| Bitget KAITOUSDT | +0.0100% | 4h | 0.3466 | +2.842% | $4.2M | $2.9M | 75x | as long as short |
| BingX KAITO-USDC | +0.0100% | 4h | 0.3467 | +2.872% | — | $6.5M | — | as long as short |
| Backpack KAITO_USDC_PERP | +0.0100% | 1h | 0.3466 | +2.830% | $18K | $168K | 10x | as long as short |
| Variational Omni KAITO | +0.0100% | 4h | 0.3469 | +2.934% | $43K | $234K | — | as long as short |
| GRVT KAITO_USDT_Perp | +0.0100% | 4h | 0.3467 | +2.870% | $241K | $3.1M | 10x | as long as short |
| ApeX Omni KAITOUSDT | +0.0100% | 1h | 0.3468 | +2.902% | $30K | $256K | 50x | as long as short |
| Polymarket Perps KAITO-USD | +0.0100% | 1h | 0.3472 | +3.023% | $11K | $4.0M | 5x | as long as short |
| Orderly PERP_KAITO_USDC_mythos | +0.0100% | 4h | 0.3468 | +2.905% | $3K | $2K | 10x | as long as short |
| edgeX KAITOUSDC | +0.0100% | 4h | 0.3468 | +2.887% | $17K | $320K | 5x | as long as short |
| Paradex KAITO-USD-PERP | +0.0101% | 8h | 0.3469 | +2.941% | $4K | $604 | 10x | as long as short |
| Extended KAITO-USD | +0.0104% | 1h | 0.3467 | +2.883% | $62K | $41K | 10x | as long as short |
| Aevo KAITO-PERP | +0.0104% | 1h | 0.3468 | +2.887% | $241K | $1K | 3x | as long as short |
| 01 Exchange KAITOUSD | +0.0248% | 1h | 0.3470 | +2.964% | $6K | $2K | 3x | as long as short |
| Hyperliquid KAITOshort | +0.0748% | 1h | 0.3476 | +3.133% | $2.0M | $738K | 5x | |
| Lighter KAITO | +0.1120% | 1h | 0.3478 | +3.198% | $83K | $82K | 5x | as long as short |
MEXC KAITO_USDT
KuCoin KAITOUSDTM
Bitget KAITOUSDT
BingX KAITO-USDC
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