Funding you earn now, next payment 05:00 UTC−0.0465%/8h= −50.9% APRpaid last 24h −0.122%
Price spread now: Gate against Hyperliquid−0.198%7-day average −0.037% · you buy dearer than you sell
Net, funding: paid 7d − costs−$91as in the Funding arb table
Net, price: spread back to 7d avg − costs−$91as in the Price arb table
costs, in and out, $10k−$750.751% of the position
Funding, last 7 days−0.159%−$16 on $10k
+Price spread, last 7 days+0.153%+$15 · spread now −0.198%, 7d avg −0.037%
=Together, before fees−0.007%+ Points / potential airdropHyperliquid: Season 2 · farm board−$1 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and Gate is 0.162% cheaper against Hyperliquid than usual: you would sell low and buy high (−$16 if the spread goes back to its 7-day average of −0.037%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.159% in total (about -8.3% 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 | Hyperliquid KAITO | 0.3534 | 0.0565 | pay 0.0071% / 1h | 53m 31s | $2.1M | $816K | 5x |
| Short | Gate KAITO_USDT | 0.3527 | 0.0100 | get 0.0050% / 4h | 3h 53m | $668K | $1.7M | 75x |
Hyperliquid KAITO
Gate KAITO_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Hyperliquid. 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
- −$97.64
- Price spread: −0.198% → −0.037%
- −$16.16
- Slippage, 4 orders
- −$51.08
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$188.87
- Costs to cover
- 0.751%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 7 min ago; Gate: live order book, 4 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 Hyperliquid live order book, 7 min ago | 1.42 bp | 11.7 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 4 min ago | 2.84 bp | 24.3 bp −$24 | 71.5 bp −$715 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Backpack KAITO_USDC_PERP | −0.0631% | 1h | 0.3522 | −0.328% | $21K | $177K | 10x | as long as short |
| Reya KAITORUSDPERP | 0.0000% | 1h | 0.3370 | −4.630% | — | — | — | as long as short |
| Injective KAITO/USDC PERP | +0.0009% | 1h | 0.3501 | −0.934% | $7K | $52K | 12x | as long as short |
| Kraken Futures PF_KAITOUSD | +0.0030% | 1h | 0.3522 | −0.329% | $247K | $155K | 10x | as long as short |
| BloFin KAITO-USDT | +0.0050% | 4h | 0.3528 | −0.170% | $555K | $67K | 75x | as long as short |
| Aster KAITOUSDT | +0.0100% | 4h | 0.3528 | −0.171% | $119K | $51K | 10x | as long as short |
| Pacifica KAITO | +0.0100% | 1h | 0.3532 | −0.057% | $18K | $14K | 5x | as long as short |
| Binance KAITOUSDT | +0.0100% | 4h | 0.3538 | +0.114% | $10.8M | $16.8M | 75x | as long as short |
| Bybit KAITOUSDT | +0.0100% | 4h | 0.3540 | +0.170% | $4.4M | $7.7M | 75x | as long as short |
| OKX KAITO-USDT-SWAP | +0.0100% | 4h | 0.3540 | +0.170% | $4.4M | $10.7M | 50x | as long as short |
Backpack KAITO_USDC_PERP
Reya KAITORUSDPERP
Injective KAITO/USDC PERP
Kraken Futures PF_KAITOUSD
BloFin KAITO-USDT
Aster KAITOUSDT
Pacifica KAITO
Binance KAITOUSDT
Bybit KAITOUSDT
OKX KAITO-USDT-SWAPShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate KAITO_USDTshort | +0.0100% | 4h | 0.3527 | −0.198% | $668K | $1.7M | 75x | |
| MEXC KAITO_USDT | +0.0100% | 4h | 0.3534 | 0.000% | $3.2M | $1.1M | 50x | as long as short |
| KuCoin KAITOUSDTM | +0.0100% | 4h | 0.3532 | −0.057% | $1.4M | $167K | 30x | as long as short |
| Bitget KAITOUSDT | +0.0100% | 4h | 0.3540 | +0.170% | $4.5M | $3.4M | 75x | as long as short |
| BingX KAITO-USDC | +0.0100% | 4h | 0.3536 | +0.057% | — | $6.5M | — | as long as short |
| Variational Omni KAITO | +0.0100% | 4h | 0.3528 | −0.159% | $44K | $211K | — | as long as short |
| GRVT KAITO_USDT_Perp | +0.0100% | 4h | 0.3519 | −0.435% | $246K | $2.6M | 10x | as long as short |
| ApeX Omni KAITOUSDT | +0.0100% | 1h | 0.3525 | −0.255% | $28K | $258K | 50x | as long as short |
| Polymarket Perps KAITO-USD | +0.0100% | 1h | 0.3529 | −0.133% | $20K | $4.4M | 5x | as long as short |
| Orderly PERP_KAITO_USDC_mythos | +0.0100% | 4h | 0.3525 | −0.260% | $3K | $2K | 10x | as long as short |
| Extended KAITO-USD | +0.0104% | 1h | 0.3538 | +0.113% | $79K | $62K | 10x | as long as short |
| Aevo KAITO-PERP | +0.0104% | 1h | 0.3545 | +0.301% | $246K | — | 3x | as long as short |
| Paradex KAITO-USD-PERP | +0.0112% | 8h | 0.3537 | +0.084% | $4K | $604 | 10x | as long as short |
| edgeX KAITOUSDC | +0.0118% | 4h | 0.3527 | −0.205% | $17K | $324K | 5x | as long as short |
| Hyperliquid KAITOlong | +0.0565% | 1h | 0.3534 | long leg | $2.1M | $816K | 5x | |
| 01 Exchange KAITOUSD | +0.0760% | 1h | 0.3592 | +1.641% | $6K | $2K | 3x | as long as short |
| Lighter KAITO | +0.0992% | 1h | 0.3540 | +0.167% | $87K | $92K | 5x | as long as short |
MEXC KAITO_USDT
KuCoin KAITOUSDTM
Bitget KAITOUSDT
BingX KAITO-USDC
Variational Omni KAITO
GRVT KAITO_USDT_Perp
ApeX Omni KAITOUSDT
Polymarket Perps KAITO-USD
Orderly PERP_KAITO_USDC_mythos
Extended KAITO-USD
Aevo KAITO-PERP
Paradex KAITO-USD-PERP
edgeX KAITOUSDC
01 Exchange KAITOUSD
Lighter KAITO