Funding you earn now, next payment 03:00 UTC+0.0501%/8h= +54.9% APRnext payment +$0.63 per $10,000 · paid last 24h +0.093%
Price spread now: Hyperliquid against Aevo+0.182%7-day average +0.114% · you sell dearer than you buy
Net, funding: paid 7d − costs−$131as in the Funding arb table
Net, price: spread back to 7d avg − costs−$135as in the Price arb table
costs, in and out, $10k−$1421.419% of the position
Funding, last 7 days+0.111%+$11 on $10k
+Price spread, last 3 days (all we have)−0.119%−$12 · spread now +0.182%, 7d avg +0.114%
=Together, before fees−0.008%+ Points / potential airdropHyperliquid: Season 2 · farm board−$1 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$15 a day on $10k at the current rate, and Hyperliquid is 0.067% dearer against Aevo than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.114%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.111% in total (about 5.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.63 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 | Aevo KAITO-PERP | 0.3521 | 0.0104 | pay 0.0013% / 1h | 59m 03s | $244K | — | 3x |
| Short | Hyperliquid KAITO | 0.3527 | 0.0605 | get 0.0076% / 1h | 59m 03s | $2.1M | $782K | 5x |
Aevo KAITO-PERP
Hyperliquid KAITOFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against Aevo. 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
- $105.24
- Price spread: +0.182% → +0.114%
- $6.73
- Slippage, 4 orders
- −$116.86
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$29.89
- Costs to cover
- 1.419%
- Break-even
- 9.0 days
Slippage from Aevo: live order book, 5 min ago; Hyperliquid: live order book, 2 min ago.
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 Aevo live order book, 5 min ago | 41.14 bp | 58.3 bp −$58 | 289.1 bp −$2,891 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 2 min ago | 0.99 bp | 14.9 bp −$15 | doesn't fit | doesn't fit | doesn't fit |
KAITO on 26 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 | −0.0368% | 1h | 0.3508 | −0.369% | $7K | $52K | 12x | as long as short |
| Reya KAITORUSDPERP | 0.0000% | 1h | 0.3370 | −4.282% | — | — | — | as long as short |
| Backpack KAITO_USDC_PERP | +0.0057% | 1h | 0.3520 | −0.023% | $20K | $167K | 10x | as long as short |
| Pacifica KAITO | +0.0100% | 1h | 0.3524 | +0.080% | $18K | $15K | 5x | as long as short |
| Binance KAITOUSDT | +0.0100% | 4h | 0.3520 | −0.027% | $10.7M | $16.3M | 75x | as long as short |
| Bybit KAITOUSDT | +0.0100% | 4h | 0.3523 | +0.057% | $4.5M | $7.1M | 75x | as long as short |
| OKX KAITO-USDT-SWAP | +0.0100% | 4h | 0.3517 | −0.114% | $4.3M | $10.4M | 50x | as long as short |
| Gate KAITO_USDT | +0.0100% | 4h | 0.3523 | +0.057% | $690K | $1.7M | 75x | as long as short |
| MEXC KAITO_USDT | +0.0100% | 4h | 0.3520 | −0.028% | $3.4M | $1.0M | 50x | as long as short |
| KuCoin KAITOUSDTM | +0.0100% | 4h | 0.3521 | 0.000% | $1.4M | $165K | 30x | as long as short |
Injective KAITO/USDC PERP
Reya KAITORUSDPERP
Backpack KAITO_USDC_PERP
Pacifica KAITO
Binance KAITOUSDT
Bybit KAITOUSDT
OKX KAITO-USDT-SWAP
Gate KAITO_USDT
MEXC KAITO_USDT
KuCoin KAITOUSDTMShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget KAITOUSDT | +0.0100% | 4h | 0.3525 | +0.114% | $4.5M | $3.2M | 75x | as long as short |
| BingX KAITO-USDT | +0.0100% | 4h | 0.3522 | +0.028% | — | $6.8M | — | as long as short |
| Variational Omni KAITO | +0.0100% | 4h | 0.3526 | +0.153% | $44K | $229K | — | as long as short |
| GRVT KAITO_USDT_Perp | +0.0100% | 4h | 0.3524 | +0.085% | $241K | $2.8M | 10x | as long as short |
| ApeX Omni KAITOUSDT | +0.0100% | 1h | 0.3519 | −0.057% | $30K | $256K | 50x | as long as short |
| Polymarket Perps KAITO-USD | +0.0100% | 1h | 0.3524 | +0.074% | $14K | $4.2M | 5x | as long as short |
| Orderly PERP_KAITO_USDC_mythos | +0.0100% | 4h | 0.3521 | −0.011% | $3K | $2K | 10x | as long as short |
| Extended KAITO-USD | +0.0104% | 1h | 0.3522 | +0.019% | $79K | $54K | 10x | as long as short |
| Aevo KAITO-PERPlong | +0.0104% | 1h | 0.3521 | long leg | $244K | — | 3x | |
| Aster KAITOUSDT | +0.0105% | 4h | 0.3520 | −0.016% | $117K | $39K | 10x | as long as short |
| edgeX KAITOUSDC | +0.0112% | 4h | 0.3521 | −0.004% | $18K | $325K | 5x | as long as short |
| Paradex KAITO-USD-PERP | +0.0123% | 8h | 0.3521 | 0.000% | $4K | $604 | 10x | as long as short |
| Hyperliquid KAITOshort | +0.0605% | 1h | 0.3527 | +0.182% | $2.1M | $782K | 5x | |
| Kraken Futures PF_KAITOUSD | +0.0696% | 1h | 0.3520 | −0.036% | $245K | $148K | 10x | as long as short |
| Lighter KAITO | +0.1344% | 1h | 0.3535 | +0.398% | $87K | $93K | 5x | as long as short |
| 01 Exchange KAITOUSD | +0.9488% | 1h | 0.3619 | +2.778% | $6K | $2K | 3x | as long as short |
Bitget KAITOUSDT
BingX KAITO-USDT
Variational Omni KAITO
GRVT KAITO_USDT_Perp
ApeX Omni KAITOUSDT
Polymarket Perps KAITO-USD
Orderly PERP_KAITO_USDC_mythos
Extended KAITO-USD
Aster KAITOUSDT
edgeX KAITOUSDC
Paradex KAITO-USD-PERP
Kraken Futures PF_KAITOUSD
Lighter KAITO
01 Exchange KAITOUSD