Funding you earn now, next payment 03:00 UTC+0.0819%/8h= +89.7% APRpaid last 24h +0.104%
Price spread now: Hyperliquid against MEXC+0.211%7-day average +0.082% · you sell dearer than you buy
Net, funding: paid 7d − costs−$18as in the Funding arb table
Net, price: spread back to 7d avg − costs−$21as in the Price arb table
costs, in and out, $10k−$340.340% of the position
Funding, last 7 days+0.161%+$16 on $10k
+Price spread, last 7 days−0.116%−$12 · spread now +0.211%, 7d avg +0.082%
=Together, before fees+0.045%+ Points / potential airdropHyperliquid: Season 2 · farm board+$5 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$25 a day on $10k at the current rate, and Hyperliquid is 0.129% dearer against MEXC than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of +0.082%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.161% in total (about 8.4% 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 | MEXC KAITO_USDT | 0.3510 | 0.0100 | pay 0.0050% / 4h | 1h 53m | $3.3M | $1.0M | 50x |
| Short | Hyperliquid KAITO | 0.3517 | 0.0919 | get 0.0115% / 1h | 53m 34s | $2.1M | $778K | 5x |
MEXC KAITO_USDT
Hyperliquid KAITOFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against MEXC. 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
- $171.96
- Price spread: +0.211% → +0.082%
- $12.87
- Slippage, 4 orders
- −$24.97
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $150.86
- Costs to cover
- 0.340%
- Break-even
- 0.9 days
Slippage from MEXC: live order book, 4 min ago; Hyperliquid: live order book, 7 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 MEXC live order book, 4 min ago | 1.42 bp | 2.8 bp −$3 | 8.8 bp −$88 | 76.3 bp −$7,628 | doesn't fit |
| Sell Hyperliquid live order book, 7 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 | |
|---|---|---|---|---|---|---|---|---|
| Backpack KAITO_USDC_PERP | −0.0507% | 1h | 0.3510 | +0.011% | $19K | $167K | 10x | as long as short |
| Injective KAITO/USDC PERP | −0.0368% | 1h | 0.3508 | −0.057% | $7K | $52K | 12x | as long as short |
| Reya KAITORUSDPERP | 0.0000% | 1h | 0.3370 | −3.982% | — | — | — | as long as short |
| Pacifica KAITO | +0.0100% | 1h | 0.3512 | +0.071% | $18K | $15K | 5x | as long as short |
| Binance KAITOUSDT | +0.0100% | 4h | 0.3512 | +0.044% | $10.7M | $16.4M | 75x | as long as short |
| Bybit KAITOUSDT | +0.0100% | 4h | 0.3516 | +0.171% | $4.5M | $7.1M | 75x | as long as short |
| OKX KAITO-USDT-SWAP | +0.0100% | 4h | 0.3511 | +0.028% | $4.3M | $10.4M | 50x | as long as short |
| Gate KAITO_USDT | +0.0100% | 4h | 0.3513 | +0.085% | $690K | $1.7M | 75x | as long as short |
| MEXC KAITO_USDTlong | +0.0100% | 4h | 0.3510 | long leg | $3.3M | $1.0M | 50x | |
| KuCoin KAITOUSDTM | +0.0100% | 4h | 0.3512 | +0.057% | $1.4M | $164K | 30x | as long as short |
Backpack KAITO_USDC_PERP
Injective KAITO/USDC PERP
Reya KAITORUSDPERP
Pacifica KAITO
Binance KAITOUSDT
Bybit KAITOUSDT
OKX KAITO-USDT-SWAP
Gate 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 | 0.3517 | +0.199% | $4.5M | $3.2M | 75x | as long as short |
| BingX KAITO-USDC | +0.0100% | 4h | 0.3514 | +0.114% | — | $6.5M | — | as long as short |
| Variational Omni KAITO | +0.0100% | 4h | 0.3535 | +0.710% | $44K | $229K | — | as long as short |
| GRVT KAITO_USDT_Perp | +0.0100% | 4h | 0.3515 | +0.136% | $240K | $2.8M | 10x | as long as short |
| ApeX Omni KAITOUSDT | +0.0100% | 1h | 0.3512 | +0.057% | $30K | $256K | 50x | as long as short |
| Polymarket Perps KAITO-USD | +0.0100% | 1h | 0.3512 | +0.046% | $13K | $4.2M | 5x | as long as short |
| Orderly PERP_KAITO_USDC_mythos | +0.0100% | 4h | 0.3509 | −0.014% | $3K | $2K | 10x | as long as short |
| Extended KAITO-USD | +0.0104% | 1h | 0.3513 | +0.076% | $79K | $54K | 10x | as long as short |
| Aevo KAITO-PERP | +0.0104% | 1h | 0.3511 | +0.019% | $244K | — | 3x | as long as short |
| Aster KAITOUSDT | +0.0105% | 4h | 0.3511 | +0.028% | $117K | $40K | 10x | as long as short |
| edgeX KAITOUSDC | +0.0106% | 4h | 0.3514 | +0.104% | $17K | $323K | 5x | as long as short |
| Paradex KAITO-USD-PERP | +0.0123% | 8h | 0.3512 | +0.056% | $4K | $604 | 10x | as long as short |
| Kraken Futures PF_KAITOUSD | +0.0697% | 1h | 0.3512 | +0.068% | $245K | $148K | 10x | as long as short |
| Hyperliquid KAITOshort | +0.0919% | 1h | 0.3517 | +0.211% | $2.1M | $778K | 5x | |
| Lighter KAITO | +0.1576% | 1h | 0.3526 | +0.444% | $87K | $93K | 5x | as long as short |
| 01 Exchange KAITOUSD | +0.8136% | 1h | 0.3580 | +1.997% | $6K | $2K | 3x | as long as short |
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
Aster KAITOUSDT
edgeX KAITOUSDC
Paradex KAITO-USD-PERP
Kraken Futures PF_KAITOUSD
Lighter KAITO
01 Exchange KAITOUSD