Settings8H · net · $10k
Funding arb · Price arb /

KAITO

all KAITO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0187%/8h= +20.4% APRpaid last 24h +0.145%
Price spread now: Hyperliquid against KuCoin+0.183%7-day average +0.058% · you sell dearer than you buy
Net, funding: paid 7d − costs−$163as in the Funding arb table
Net, price: spread back to 7d avg − costs−$167as in the Price arb table
costs, in and out, $10k−$1791.792% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.163%+$16 on $10k
Price spread, last 7 days−0.137%−$14 · spread now +0.183%, 7d avg +0.058%
Together, before fees+0.026%+ Points / potential airdropHyperliquid: Season 2 · farm board+$3 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Hyperliquid is 0.126% dearer against KuCoin than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of +0.058%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin KAITOUSDTM0.35450.0100pay 0.0050% / 4h35m 33s$1.4M$164K30x
ShortHyperliquid KAITO0.35520.0287get 0.0036% / 1h35m 33s$2.1M$875K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid against KuCoin. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$39.2
Price spread: +0.183% → +0.058%
$12.58
Slippage, 4 orders
−$158.25
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$127.46
Costs to cover
1.792%
Break-even
29.8 days
Slippage from KuCoin: live order book, 10 min ago; Hyperliquid: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 10 min ago5.68 bp46.9 bp −$47975.2 bp −$9,752doesn't fitdoesn't fit
Sell Hyperliquid live order book, 5 min ago2.83 bp11.0 bp −$11doesn't fitdoesn't fitdoesn't fit

KAITO on 27 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Reya KAITORUSDPERP0.0000%1h0.3370−4.929%as long as short
Injective KAITO/USDC PERP+0.0068%1h0.3534−0.310%$7K$52K12xas long as short
BloFin KAITO-USDT+0.0078%4h0.3537−0.226%$555K$68K75xas long as short
Aster KAITOUSDT+0.0100%4h0.3548+0.082%$119K$51K10xas long as short
Pacifica KAITO+0.0100%1h0.3548+0.072%$19K$14K5xas long as short
Binance KAITOUSDT+0.0100%4h0.3547+0.068%$10.8M$17.5M75xas long as short
Bybit KAITOUSDT+0.0100%4h0.3551+0.169%$4.7M$8.3M75xas long as short
OKX KAITO-USDT-SWAP+0.0100%4h0.3544−0.028%$4.3M$11.4M50xas long as short
Gate KAITO_USDT+0.0100%4h0.3546+0.028%$656K$1.7M75xas long as short
MEXC KAITO_USDT+0.0100%4h0.35450.000%$3.0M$1.2M50xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin KAITOUSDTMlong+0.0100%4h0.3545long leg$1.4M$164K30x
Bitget KAITOUSDT+0.0100%4h0.3550+0.141%$4.4M$3.5M75xas long as short
BingX KAITO-USDT+0.0100%4h0.3548+0.085%$6.7Mas long as short
Backpack KAITO_USDC_PERP+0.0100%1h0.3542−0.076%$20K$192K10xas long as short
Variational Omni KAITO+0.0100%4h0.3547+0.065%$45K$211Kas long as short
GRVT KAITO_USDT_Perp+0.0100%4h0.3527−0.508%$251K$2.4M10xas long as short
ApeX Omni KAITOUSDT+0.0100%1h0.3542−0.085%$30K$260K50xas long as short
Polymarket Perps KAITO-USD+0.0100%1h0.3548+0.096%$25K$5.0M5xas long as short
Orderly PERP_KAITO_USDC_mythos+0.0100%4h0.3542−0.079%$3K$2K10xas long as short
Extended KAITO-USD+0.0104%1h0.3548+0.078%$81K$63K10xas long as short
Aevo KAITO-PERP+0.0104%1h0.3543−0.042%$246K3xas long as short
edgeX KAITOUSDC+0.0105%4h0.3536−0.257%$17K$327K5xas long as short
Paradex KAITO-USD-PERP+0.0111%8h0.3548+0.081%$4K$60410xas long as short
Hyperliquid KAITOshort+0.0287%1h0.3552+0.183%$2.1M$875K5x
Kraken Futures PF_KAITOUSD+0.0659%1h0.3542−0.097%$249K$160K10xas long as short
Lighter KAITO+0.0840%1h0.3562+0.477%$88K$102K5xas long as short
01 Exchange KAITOUSD+0.4048%1h0.3546+0.025%$6K$9883xas long as short