Funding you earn now, next payment 00:00 UTC−0.0816%/8h= −89.4% APRpaid last 24h −0.068%
Price spread now: BloFin against Hyperliquid−0.221%7-day average −0.091% · you buy dearer than you sell
Net, funding: paid 7d − costs−$64as in the Funding arb table
Net, price: spread back to 7d avg − costs−$62as in the Price arb table
costs, in and out, $10k−$490.493% of the position
Funding, last 7 days−0.146%−$15 on $10k
+Price spread, last 3 days (all we have)+0.249%+$25 · spread now −0.221%, 7d avg −0.091%
=Together, before fees+0.103%+ Points / potential airdropHyperliquid: Season 2 · farm board+$10 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$24 a day on $10k at the current rate, and BloFin is 0.131% cheaper against Hyperliquid than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of −0.091%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.146% in total (about -7.6% 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 | 0.3477 | 0.0931 | pay 0.0116% / 1h | 24m 54s | $2.0M | $764K | 5x |
| Short | BloFin KAITO-USDT | 0.3469 | 0.0114 | get 0.0057% / 4h | 24m 54s | $545K | $61K | 75x |
Hyperliquid KAITO
BloFin KAITO-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$171.45
- Price spread: −0.221% → −0.091%
- −$13.05
- Slippage, 4 orders
- −$28.26
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$233.77
- Costs to cover
- 0.493%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 6 min ago; BloFin: live order book, 51 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, 6 min ago | 0.86 bp | 11.1 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 51 min ago | 4.31 bp | 13.1 bp −$13 | 29.3 bp −$293 | 172.2 bp −$17.2K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective KAITO/USDC PERP | −0.0010% | 1h | 0.3476 | −0.020% | $7K | $52K | 12x | as long as short |
| Reya KAITORUSDPERP | 0.0000% | 1h | 0.3370 | −3.064% | — | — | — | as long as short |
| Aster KAITOUSDT | +0.0100% | 4h | 0.3472 | −0.138% | $116K | $34K | 10x | as long as short |
| Pacifica KAITO | +0.0100% | 1h | 0.3471 | −0.166% | $18K | $12K | 5x | as long as short |
| Binance KAITOUSDT | +0.0100% | 4h | 0.3469 | −0.221% | $10.5M | $15.7M | 75x | as long as short |
| Bybit KAITOUSDT | +0.0100% | 4h | 0.3473 | −0.106% | $4.4M | $6.8M | 75x | as long as short |
| OKX KAITO-USDT-SWAP | +0.0100% | 4h | 0.3468 | −0.250% | $4.2M | $10.0M | 50x | as long as short |
| Gate KAITO_USDT | +0.0100% | 4h | 0.3472 | −0.135% | $677K | $1.7M | 75x | as long as short |
| MEXC KAITO_USDT | +0.0100% | 4h | 0.3469 | −0.221% | $3.3M | $1.0M | 50x | as long as short |
| KuCoin KAITOUSDTM | +0.0100% | 4h | 0.3473 | −0.106% | $1.4M | $166K | 30x | as long as short |
Injective KAITO/USDC PERP
Reya KAITORUSDPERP
Aster KAITOUSDT
Pacifica KAITO
Binance KAITOUSDT
Bybit KAITOUSDT
OKX KAITO-USDT-SWAP
Gate KAITO_USDT
MEXC KAITO_USDT
KuCoin KAITOUSDTMShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget KAITOUSDT | +0.0100% | 4h | 0.3474 | −0.078% | $4.3M | $3.0M | 75x | as long as short |
| BingX KAITO-USDT | +0.0100% | 4h | 0.3471 | −0.164% | — | $6.7M | — | as long as short |
| Backpack KAITO_USDC_PERP | +0.0100% | 1h | 0.3469 | −0.230% | $19K | $164K | 10x | as long as short |
| Variational Omni KAITO | +0.0100% | 4h | 0.3478 | +0.040% | $44K | $230K | — | as long as short |
| GRVT KAITO_USDT_Perp | +0.0100% | 4h | 0.3476 | −0.020% | $235K | $3.0M | 10x | as long as short |
| ApeX Omni KAITOUSDT | +0.0100% | 1h | 0.3475 | −0.049% | $30K | $257K | 50x | as long as short |
| Polymarket Perps KAITO-USD | +0.0100% | 1h | 0.3471 | −0.155% | $11K | $4.2M | 5x | as long as short |
| Orderly PERP_KAITO_USDC_mythos | +0.0100% | 4h | 0.3470 | −0.198% | $3K | $2K | 10x | as long as short |
| Paradex KAITO-USD-PERP | +0.0101% | 8h | 0.3471 | −0.176% | $4K | $604 | 10x | as long as short |
| Extended KAITO-USD | +0.0104% | 1h | 0.3470 | −0.190% | $62K | $41K | 10x | as long as short |
| Aevo KAITO-PERP | +0.0104% | 1h | 0.3470 | −0.194% | $241K | $1K | 3x | as long as short |
| edgeX KAITOUSDC | +0.0106% | 4h | 0.3475 | −0.048% | $17K | $320K | 5x | as long as short |
| BloFin KAITO-USDTshort | +0.0114% | 4h | 0.3469 | −0.221% | $545K | $61K | 75x | |
| Hyperliquid KAITOlong | +0.0931% | 1h | 0.3477 | long leg | $2.0M | $764K | 5x | |
| Kraken Futures PF_KAITOUSD | +0.1006% | 1h | 0.3475 | −0.058% | $240K | $157K | 10x | as long as short |
| Lighter KAITO | +0.1512% | 1h | 0.3487 | +0.291% | $83K | $83K | 5x | as long as short |
| 01 Exchange KAITOUSD | +0.8808% | 1h | 0.3567 | +2.594% | $6K | $2K | 3x | as long as short |
Bitget KAITOUSDT
BingX KAITO-USDT
Backpack KAITO_USDC_PERP
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
edgeX KAITOUSDC
Kraken Futures PF_KAITOUSD
Lighter KAITO
01 Exchange KAITOUSD