Funding you earn now, next payment 05:00 UTC+0.0547%/8h= +59.9% APRpaid last 24h +0.119%
Price spread now: Hyperliquid against edgeX−0.236%46s7-day average +0.132% · you buy dearer than you sell
Net, funding: paid 7d − costs−$33as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$480.485% of the position
Funding, last 7 days+0.155%+$15 on $10k
+Price spread, last 4 days (all we have)+0.248%+$25 · spread now −0.236%, 7d avg +0.132%
=Together, before fees+0.403%+ Points / potential airdropedgeX: Active · Hyperliquid: Season 2 · farm board+$40 on $10k · with fees, hour by hour
Funding pays, the price is against you. Hyperliquid is 0.368% cheaper against edgeX than usual: you would sell low and buy high (spread −0.236% now, against its 7-day average of +0.132%). If the spread goes back, that is −$37 on $10k: about 2.2 days of funding at the current rate (+$16 a day). At the pace of the last 7 days (+0.155% in total) that is about 17 days. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.155% in total (about 8.1% 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 | edgeX KAITOUSDC | 0.3531 | 0.0109 | pay 0.0055% / 4h | 3h 28m | $17K | $326K | 5x |
| Short | Hyperliquid KAITO | 0.3522 | 0.0656 | get 0.0082% / 1h | 28m 40s | $2.1M | $825K | 5x |
edgeX KAITOUSDC
Hyperliquid KAITOFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against edgeX. 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
- $114.82
- Price spread: −0.236% → +0.132%
- −$36.82
- Slippage, 4 orders
- −$30.49
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $29.51
- Costs to cover
- 0.485%
- Break-even
- 5.2 days
Slippage from edgeX: live order book, 24 min ago; Hyperliquid: live order book, 2 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 edgeX live order book, 24 min ago | 2.82 bp | 11.6 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 2 min ago | 1.84 bp | 11.7 bp −$12 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Backpack KAITO_USDC_PERP | −0.0365% | 1h | 0.3521 | −0.282% | $20K | $178K | 10x | as long as short |
| Reya KAITORUSDPERP | 0.0000% | 1h | 0.3370 | −4.537% | — | — | — | as long as short |
| Injective KAITO/USDC PERP | +0.0009% | 1h | 0.3544 | +0.381% | $7K | $52K | 12x | as long as short |
| Kraken Futures PF_KAITOUSD | +0.0030% | 1h | 0.3522 | −0.238% | $247K | $156K | 10x | as long as short |
| Aster KAITOUSDT | +0.0100% | 4h | 0.3519 | −0.338% | $119K | $50K | 10x | as long as short |
| Pacifica KAITO | +0.0100% | 1h | 0.3519 | −0.332% | $18K | $14K | 5x | as long as short |
| Binance KAITOUSDT | +0.0100% | 4h | 0.3516 | −0.407% | $10.7M | $16.8M | 75x | as long as short |
| Bybit KAITOUSDT | +0.0100% | 4h | 0.3517 | −0.384% | $4.4M | $7.7M | 75x | as long as short |
| OKX KAITO-USDT-SWAP | +0.0100% | 4h | 0.3516 | −0.412% | $4.3M | $10.7M | 50x | as long as short |
| Gate KAITO_USDT | +0.0100% | 4h | 0.3519 | −0.327% | $667K | $1.7M | 75x | as long as short |
Backpack KAITO_USDC_PERP
Reya KAITORUSDPERP
Injective KAITO/USDC PERP
Kraken Futures PF_KAITOUSD
Aster KAITOUSDT
Pacifica KAITO
Binance KAITOUSDT
Bybit KAITOUSDT
OKX KAITO-USDT-SWAP
Gate KAITO_USDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC KAITO_USDT | +0.0100% | 4h | 0.3514 | −0.469% | $3.1M | $1.1M | 50x | as long as short |
| KuCoin KAITOUSDTM | +0.0100% | 4h | 0.3522 | −0.242% | $1.4M | $168K | 30x | as long as short |
| Bitget KAITOUSDT | +0.0100% | 4h | 0.3520 | −0.299% | $4.4M | $3.4M | 75x | as long as short |
| BingX KAITO-USDC | +0.0100% | 4h | 0.3519 | −0.327% | — | $6.5M | — | as long as short |
| Variational Omni KAITO | +0.0100% | 4h | 0.3535 | +0.123% | $44K | $211K | — | as long as short |
| GRVT KAITO_USDT_Perp | +0.0100% | 4h | 0.3534 | +0.100% | $244K | $2.5M | 10x | as long as short |
| ApeX Omni KAITOUSDT | +0.0100% | 1h | 0.3530 | −0.015% | $30K | $260K | 50x | as long as short |
| Polymarket Perps KAITO-USD | +0.0100% | 1h | 0.3525 | −0.143% | $19K | $4.5M | 5x | as long as short |
| Orderly PERP_KAITO_USDC_mythos | +0.0100% | 4h | 0.3528 | −0.075% | $3K | $2K | 10x | as long as short |
| Paradex KAITO-USD-PERP | +0.0104% | 8h | 0.3518 | −0.354% | $4K | $604 | 10x | as long as short |
| Extended KAITO-USD | +0.0104% | 1h | 0.3518 | −0.342% | $79K | $62K | 10x | as long as short |
| Aevo KAITO-PERP | +0.0104% | 1h | 0.3520 | −0.288% | $244K | — | 3x | as long as short |
| BloFin KAITO-USDT | +0.0106% | 4h | 0.3521 | −0.270% | $561K | $67K | 75x | as long as short |
| edgeX KAITOUSDClong | +0.0109% | 4h | 0.3531 | long leg | $17K | $326K | 5x | |
| Hyperliquid KAITOshort | +0.0656% | 1h | 0.3522 | −0.236% | $2.1M | $825K | 5x | |
| Lighter KAITO | +0.1208% | 1h | 0.3531 | +0.010% | $87K | $101K | 5x | as long as short |
| 01 Exchange KAITOUSD | +0.5184% | 1h | 0.3600 | +1.967% | $6K | $2K | 3x | 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
Paradex KAITO-USD-PERP
Extended KAITO-USD
Aevo KAITO-PERP
BloFin KAITO-USDT
Lighter KAITO
01 Exchange KAITOUSD