Funding you earn now, next payment 00:00 UTC−0.0652%/8h= −71.4% APRpaid last 24h −0.070%
Price spread now: Gate against Hyperliquid−0.146%7-day average −0.034% · you buy dearer than you sell
Net, funding: paid 7d − costs−$82as in the Funding arb table
Net, price: spread back to 7d avg − costs−$82as in the Price arb table
costs, in and out, $10k−$700.705% of the position
Funding, last 7 days−0.111%−$11 on $10k
+Price spread, last 7 days+0.116%+$12 · spread now −0.146%, 7d avg −0.034%
=Together, before fees+0.005%+ Points / potential airdropHyperliquid: Season 2 · farm board+$1 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$20 a day on $10k at the current rate, and Gate is 0.112% cheaper against Hyperliquid than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of −0.034%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.111% in total (about -5.8% 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 | 0.3505 | 0.0752 | pay 0.0094% / 1h | 50m 27s | $2.0M | $742K | 5x |
| Short | Gate KAITO_USDT | 0.3500 | 0.0100 | get 0.0050% / 4h | 50m 27s | $696K | $1.7M | 75x |
Hyperliquid KAITO
Gate KAITO_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$136.99
- Price spread: −0.146% → −0.034%
- −$11.17
- Slippage, 4 orders
- −$46.45
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$218.61
- Costs to cover
- 0.705%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 10 min ago; Gate: 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 Hyperliquid live order book, 10 min ago | 1.29 bp | 10.2 bp −$10 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 2 min ago | 1.43 bp | 24.1 bp −$24 | 71.8 bp −$718 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective KAITO/USDC PERP | −0.0010% | 1h | 0.3485 | −0.573% | $7K | $52K | 12x | as long as short |
| Reya KAITORUSDPERP | 0.0000% | 1h | 0.3370 | −3.848% | — | — | — | as long as short |
| BloFin KAITO-USDT | +0.0051% | 4h | 0.3494 | −0.317% | $546K | $61K | 75x | as long as short |
| Aster KAITOUSDT | +0.0100% | 4h | 0.3499 | −0.185% | $117K | $34K | 10x | as long as short |
| Pacifica KAITO | +0.0100% | 1h | 0.3501 | −0.122% | $18K | $12K | 5x | as long as short |
| Binance KAITOUSDT | +0.0100% | 4h | 0.3499 | −0.174% | $10.6M | $15.7M | 75x | as long as short |
| Bybit KAITOUSDT | +0.0100% | 4h | 0.3501 | −0.117% | $4.4M | $6.7M | 75x | as long as short |
| OKX KAITO-USDT-SWAP | +0.0100% | 4h | 0.3495 | −0.288% | $4.2M | $10.0M | 50x | as long as short |
| Gate KAITO_USDTshort | +0.0100% | 4h | 0.3500 | −0.146% | $696K | $1.7M | 75x | |
| MEXC KAITO_USDT | +0.0100% | 4h | 0.3498 | −0.203% | $3.3M | $1.0M | 50x | as long as short |
Injective KAITO/USDC PERP
Reya KAITORUSDPERP
BloFin KAITO-USDT
Aster KAITOUSDT
Pacifica KAITO
Binance KAITOUSDT
Bybit KAITOUSDT
OKX KAITO-USDT-SWAP
MEXC KAITO_USDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin KAITOUSDTM | +0.0100% | 4h | 0.3496 | −0.260% | $1.4M | $166K | 30x | as long as short |
| Bitget KAITOUSDT | +0.0100% | 4h | 0.3501 | −0.117% | $4.3M | $3.0M | 75x | as long as short |
| BingX KAITO-USDC | +0.0100% | 4h | 0.3498 | −0.203% | — | $6.5M | — | as long as short |
| Backpack KAITO_USDC_PERP | +0.0100% | 1h | 0.3495 | −0.280% | $19K | $166K | 10x | as long as short |
| Variational Omni KAITO | +0.0100% | 4h | 0.3492 | −0.373% | $44K | $231K | — | as long as short |
| GRVT KAITO_USDT_Perp | +0.0100% | 4h | 0.3492 | −0.379% | $236K | $3.0M | 10x | as long as short |
| ApeX Omni KAITOUSDT | +0.0100% | 1h | 0.3496 | −0.260% | $30K | $257K | 50x | as long as short |
| Polymarket Perps KAITO-USD | +0.0100% | 1h | 0.3500 | −0.157% | $15K | $4.2M | 5x | as long as short |
| Orderly PERP_KAITO_USDC_mythos | +0.0100% | 4h | 0.3493 | −0.331% | $3K | $2K | 10x | as long as short |
| Paradex KAITO-USD-PERP | +0.0101% | 8h | 0.3500 | −0.140% | $4K | $604 | 10x | as long as short |
| Extended KAITO-USD | +0.0104% | 1h | 0.3499 | −0.179% | $62K | $41K | 10x | as long as short |
| Aevo KAITO-PERP | +0.0104% | 1h | 0.3492 | −0.377% | $242K | $1K | 3x | as long as short |
| edgeX KAITOUSDC | +0.0106% | 4h | 0.3492 | −0.366% | $17K | $321K | 5x | as long as short |
| Hyperliquid KAITOlong | +0.0752% | 1h | 0.3505 | long leg | $2.0M | $742K | 5x | |
| Kraken Futures PF_KAITOUSD | +0.1001% | 1h | 0.3492 | −0.370% | $241K | $155K | 10x | as long as short |
| Lighter KAITO | +0.1360% | 1h | 0.3510 | +0.151% | $84K | $82K | 5x | as long as short |
| 01 Exchange KAITOUSD | +0.8456% | 1h | 0.3583 | +2.208% | $6K | $2K | 3x | as long as short |
KuCoin KAITOUSDTM
Bitget KAITOUSDT
BingX KAITO-USDC
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