Funding you earn now, next payment 23:00 UTC+0.0666%/8h= +72.9% APRpaid last 24h +0.062%
Price spread now: Hyperliquid against BingX+0.176%7-day average +0.058% · you sell dearer than you buy
Net, funding: paid 7d − costs−$59as in the Funding arb table
Net, price: spread back to 7d avg − costs−$54as in the Price arb table
costs, in and out, $10k−$660.663% of the position
Funding, last 7 days+0.068%+$7 on $10k
+Price spread, last 7 days−0.144%−$14 · spread now +0.176%, 7d avg +0.058%
=Together, before fees−0.075%+ Points / potential airdropHyperliquid: Season 2 · farm board−$8 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$20 a day on $10k at the current rate, and Hyperliquid is 0.118% dearer against BingX than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of +0.058%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.068% in total (about 3.6% a year). A funding rate is set anew for every payment. 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 | BingX KAITO-USDC | 0.3458 | 0.0100 | pay 0.0050% / 4h | 1h 27m | — | $6.5M | — |
| Short | Hyperliquid KAITO | 0.3464 | 0.0766 | get 0.0096% / 1h | 27m 46s | $2.0M | $740K | 5x |
BingX KAITO-USDC
Hyperliquid KAITOFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against BingX. 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
- $139.86
- Price spread: +0.176% → +0.058%
- $11.79
- Slippage, 4 orders
- −$47.29
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $85.36
- Costs to cover
- 0.663%
- Break-even
- 2.7 days
Slippage from BingX: live order book, 8 min ago; Hyperliquid: live order book, 3 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 BingX live order book, 8 min ago | 1.44 bp | 17.0 bp −$17 | 149.2 bp −$1,492 | 917.4 bp −$91.7K | doesn't fit |
| Sell Hyperliquid live order book, 3 min ago | 0.87 bp | 16.2 bp −$16 | doesn't fit | doesn't fit | doesn't fit |
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 | −0.0433% | 1h | 0.3461 | +0.080% | $237K | $158K | 10x | as long as short |
| Injective KAITO/USDC PERP | −0.0055% | 1h | 0.3446 | −0.347% | $7K | $52K | 12x | as long as short |
| Reya KAITORUSDPERP | 0.0000% | 1h | 0.3370 | −2.538% | — | — | — | as long as short |
| Aster KAITOUSDT | +0.0100% | 4h | 0.3459 | +0.036% | $116K | $34K | 10x | as long as short |
| Pacifica KAITO | +0.0100% | 1h | 0.3459 | +0.029% | $18K | $12K | 5x | as long as short |
| Binance KAITOUSDT | +0.0100% | 4h | 0.3457 | −0.029% | $10.4M | $15.6M | 75x | as long as short |
| Bybit KAITOUSDT | +0.0100% | 4h | 0.3460 | +0.058% | $4.3M | $6.7M | 75x | as long as short |
| OKX KAITO-USDT-SWAP | +0.0100% | 4h | 0.3455 | −0.087% | $4.1M | $9.9M | 50x | as long as short |
| Gate KAITO_USDT | +0.0100% | 4h | 0.3459 | +0.029% | $675K | $1.7M | 75x | as long as short |
| MEXC KAITO_USDT | +0.0100% | 4h | 0.3457 | −0.029% | $3.3M | $1.1M | 50x | as long as short |
Kraken Futures PF_KAITOUSD
Injective KAITO/USDC PERP
Reya KAITORUSDPERP
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 | 0.3460 | +0.058% | $1.4M | $167K | 30x | as long as short |
| Bitget KAITOUSDT | +0.0100% | 4h | 0.3461 | +0.087% | $4.2M | $2.9M | 75x | as long as short |
| BingX KAITO-USDClong | +0.0100% | 4h | 0.3458 | long leg | — | $6.5M | — | |
| Backpack KAITO_USDC_PERP | +0.0100% | 1h | 0.3460 | +0.049% | $18K | $168K | 10x | as long as short |
| Variational Omni KAITO | +0.0100% | 4h | 0.3462 | +0.118% | $43K | $234K | — | as long as short |
| GRVT KAITO_USDT_Perp | +0.0100% | 4h | 0.3459 | +0.024% | $241K | $3.1M | 10x | as long as short |
| ApeX Omni KAITOUSDT | +0.0100% | 1h | 0.3462 | +0.116% | $30K | $256K | 50x | as long as short |
| Polymarket Perps KAITO-USD | +0.0100% | 1h | 0.3464 | +0.176% | $22K | $4.1M | 5x | as long as short |
| Orderly PERP_KAITO_USDC_mythos | +0.0100% | 4h | 0.3460 | +0.061% | $3K | $2K | 10x | as long as short |
| Paradex KAITO-USD-PERP | +0.0101% | 8h | 0.3458 | −0.006% | $4K | $604 | 10x | as long as short |
| Extended KAITO-USD | +0.0104% | 1h | 0.3459 | +0.032% | $62K | $41K | 10x | as long as short |
| Aevo KAITO-PERP | +0.0104% | 1h | 0.3461 | +0.075% | $240K | $1K | 3x | as long as short |
| edgeX KAITOUSDC | +0.0106% | 4h | 0.3461 | +0.083% | $17K | $322K | 5x | as long as short |
| BloFin KAITO-USDT | +0.0126% | 4h | 0.3461 | +0.087% | $537K | $59K | 75x | as long as short |
| 01 Exchange KAITOUSD | +0.0272% | 1h | 0.3463 | +0.150% | $6K | $2K | 3x | as long as short |
| Hyperliquid KAITOshort | +0.0766% | 1h | 0.3464 | +0.176% | $2.0M | $740K | 5x | |
| Lighter KAITO | +0.1216% | 1h | 0.3471 | +0.373% | $83K | $82K | 5x | as long as short |
KuCoin KAITOUSDTM
Bitget KAITOUSDT
Backpack KAITO_USDC_PERP
Variational Omni KAITO
GRVT KAITO_USDT_Perp
ApeX Omni KAITOUSDT
Polymarket Perps KAITO-USD
Orderly PERP_KAITO_USDC_mythos
Paradex KAITO-USD-PERP
Extended KAITO-USD
Aevo KAITO-PERP
edgeX KAITOUSDC
BloFin KAITO-USDT
01 Exchange KAITOUSD
Lighter KAITO