Funding you earn now, next payment 02:00 UTC+0.0869%/8h= +95.1% APRpaid last 24h +0.094%
Price spread now: Hyperliquid against Bitget+0.023%7-day average +0.088% · you sell dearer than you buy
Net, funding: paid 7d − costs−$50as in the Funding arb table
Net, price: spread back to 7d avg − costs−$66as in the Price arb table
costs, in and out, $10k−$600.599% of the position
Funding, last 7 days+0.100%+$10 on $10k
+Price spread, last 7 days+0.073%+$7 · spread now +0.023%, 7d avg +0.088%
=Together, before fees+0.173%+ Points / potential airdropHyperliquid: Season 2 · farm board+$17 on $10k · with fees, hour by hour
Funding pays, the price is against you. Hyperliquid is 0.065% cheaper against Bitget than usual: you would sell low and buy high (spread +0.023% now, against its 7-day average of +0.088%). If the spread goes back, that is −$7 on $10k: about 6 hours of funding at the current rate (+$26 a day). At the pace of the last 7 days (+0.100% in total) that is about 4.6 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.100% in total (about 5.2% 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 | Bitget KAITOUSDT | 0.3516 | 0.0100 | pay 0.0050% / 4h | 2h 25m | $4.4M | $3.2M | 75x |
| Short | Hyperliquid KAITO | 0.3517 | 0.0969 | get 0.0121% / 1h | 25m 05s | $2.1M | $786K | 5x |
Bitget KAITOUSDT
Hyperliquid KAITOFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against Bitget. 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
- $182.46
- Price spread: +0.023% → +0.088%
- −$6.53
- Slippage, 4 orders
- −$38.92
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $116.01
- Costs to cover
- 0.599%
- Break-even
- 2.5 days
Slippage from Bitget: live order book, 3 min ago; Hyperliquid: live order book, 6 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 Bitget live order book, 3 min ago | 2.84 bp | 19.1 bp −$19 | 47.0 bp −$470 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 6 min ago | 1.43 bp | 11.0 bp −$11 | 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 | −0.0398% | 1h | 0.3510 | −0.162% | $20K | $174K | 10x | as long as short |
| Injective KAITO/USDC PERP | −0.0064% | 1h | 0.3474 | −1.195% | $7K | $52K | 12x | as long as short |
| Reya KAITORUSDPERP | 0.0000% | 1h | 0.3370 | −4.142% | — | — | — | as long as short |
| Aster KAITOUSDT | +0.0100% | 4h | 0.3513 | −0.091% | $117K | $38K | 10x | as long as short |
| Pacifica KAITO | +0.0100% | 1h | 0.3513 | −0.097% | $18K | $15K | 5x | as long as short |
| Binance KAITOUSDT | +0.0100% | 4h | 0.3513 | −0.087% | $10.7M | $16.3M | 75x | as long as short |
| Bybit KAITOUSDT | +0.0100% | 4h | 0.3516 | 0.000% | $4.5M | $7.1M | 75x | as long as short |
| OKX KAITO-USDT-SWAP | +0.0100% | 4h | 0.3509 | −0.199% | $4.3M | $10.3M | 50x | as long as short |
| Gate KAITO_USDT | +0.0100% | 4h | 0.3513 | −0.085% | $684K | $1.7M | 75x | as long as short |
| MEXC KAITO_USDT | +0.0100% | 4h | 0.3512 | −0.114% | $3.3M | $1.0M | 50x | as long as short |
Backpack KAITO_USDC_PERP
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 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin KAITOUSDTM | +0.0100% | 4h | 0.3511 | −0.142% | $1.4M | $163K | 30x | as long as short |
| Bitget KAITOUSDTlong | +0.0100% | 4h | 0.3516 | long leg | $4.4M | $3.2M | 75x | |
| BingX KAITO-USDT | +0.0100% | 4h | 0.3514 | −0.057% | — | $6.7M | — | as long as short |
| Variational Omni KAITO | +0.0100% | 4h | 0.3518 | +0.055% | $44K | $229K | — | as long as short |
| GRVT KAITO_USDT_Perp | +0.0100% | 4h | 0.3510 | −0.174% | $240K | $2.8M | 10x | as long as short |
| ApeX Omni KAITOUSDT | +0.0100% | 1h | 0.3501 | −0.427% | $30K | $256K | 50x | as long as short |
| Orderly PERP_KAITO_USDC_mythos | +0.0100% | 4h | 0.3514 | −0.060% | $3K | $2K | 10x | as long as short |
| Extended KAITO-USD | +0.0104% | 1h | 0.3514 | −0.048% | $78K | $54K | 10x | as long as short |
| Aevo KAITO-PERP | +0.0104% | 1h | 0.3514 | −0.043% | $244K | — | 3x | as long as short |
| edgeX KAITOUSDC | +0.0105% | 4h | 0.3511 | −0.141% | $17K | $323K | 5x | as long as short |
| Paradex KAITO-USD-PERP | +0.0119% | 8h | 0.3512 | −0.123% | $4K | $604 | 10x | as long as short |
| Polymarket Perps KAITO-USD | +0.0142% | 1h | 0.3516 | +0.003% | $17K | $4.2M | 5x | as long as short |
| Kraken Futures PF_KAITOUSD | +0.0967% | 1h | 0.3511 | −0.139% | $244K | $147K | 10x | as long as short |
| Hyperliquid KAITOshort | +0.0969% | 1h | 0.3517 | +0.023% | $2.1M | $786K | 5x | |
| Lighter KAITO | +0.1416% | 1h | 0.3526 | +0.282% | $87K | $93K | 5x | as long as short |
| 01 Exchange KAITOUSD | +0.6680% | 1h | 0.3580 | +1.823% | $6K | $2K | 3x | as long as short |
KuCoin KAITOUSDTM
BingX KAITO-USDT
Variational Omni KAITO
GRVT KAITO_USDT_Perp
ApeX Omni KAITOUSDT
Orderly PERP_KAITO_USDC_mythos
Extended KAITO-USD
Aevo KAITO-PERP
edgeX KAITOUSDC
Paradex KAITO-USD-PERP
Polymarket Perps KAITO-USD
Kraken Futures PF_KAITOUSD
Lighter KAITO
01 Exchange KAITOUSD