Funding you earn now, next payment 01:00 UTC−0.1001%/8h= −109.6% APRpaid last 24h −0.081%
Price spread now: KuCoin against Hyperliquid−0.203%7-day average −0.054% · you buy dearer than you sell
Net, funding: paid 7d − costs−$214as in the Funding arb table
Net, price: spread back to 7d avg − costs−$219as in the Price arb table
costs, in and out, $10k−$2042.039% of the position
Funding, last 7 days−0.099%−$10 on $10k
+Price spread, last 7 days+0.206%+$21 · spread now −0.203%, 7d avg −0.054%
=Together, before fees+0.107%+ Points / potential airdropHyperliquid: Season 2 · farm board+$11 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$30 a day on $10k at the current rate, and KuCoin is 0.149% cheaper against Hyperliquid than usual: you would sell low and buy high (−$15 if the spread goes back to its 7-day average of −0.054%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.099% in total (about -5.1% 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 | Hyperliquid KAITO | 0.3503 | 0.1101 | pay 0.0138% / 1h | 25m 17s | $2.1M | $771K | 5x |
| Short | KuCoin KAITOUSDTM | 0.3496 | 0.0100 | get 0.0050% / 4h | 3h 25m | $1.4M | $166K | 30x |
Hyperliquid KAITO
KuCoin KAITOUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$210.17
- Price spread: −0.203% → −0.054%
- −$14.89
- Slippage, 4 orders
- −$182.93
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$428.99
- Costs to cover
- 2.039%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 6 min ago; KuCoin: live order book, 5 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 | 11.6 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 5 min ago | 5.74 bp | 129.2 bp −$129 | 877.7 bp −$8,777 | 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 | −0.0015% | 1h | 0.3490 | −0.374% | $7K | $52K | 12x | as long as short |
| Reya KAITORUSDPERP | 0.0000% | 1h | 0.3370 | −3.793% | — | — | — | as long as short |
| BloFin KAITO-USDT | +0.0053% | 4h | 0.3500 | −0.088% | $550K | $60K | 75x | as long as short |
| Aster KAITOUSDT | +0.0100% | 4h | 0.3495 | −0.225% | $117K | $34K | 10x | as long as short |
| Pacifica KAITO | +0.0100% | 1h | 0.3497 | −0.171% | $18K | $12K | 5x | as long as short |
| Binance KAITOUSDT | +0.0100% | 4h | 0.3499 | −0.112% | $10.7M | $15.8M | 75x | as long as short |
| Bybit KAITOUSDT | +0.0100% | 4h | 0.3504 | +0.026% | $4.5M | $6.8M | 75x | as long as short |
| OKX KAITO-USDT-SWAP | +0.0100% | 4h | 0.3500 | −0.088% | $4.2M | $10.1M | 50x | as long as short |
| MEXC KAITO_USDT | +0.0100% | 4h | 0.3497 | −0.174% | $3.4M | $1.0M | 50x | as long as short |
| KuCoin KAITOUSDTMshort | +0.0100% | 4h | 0.3496 | −0.203% | $1.4M | $166K | 30x |
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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget KAITOUSDT | +0.0100% | 4h | 0.3507 | +0.111% | $4.3M | $3.0M | 75x | as long as short |
| BingX KAITO-USDT | +0.0100% | 4h | 0.3499 | −0.117% | — | $6.7M | — | as long as short |
| Backpack KAITO_USDC_PERP | +0.0100% | 1h | 0.3496 | −0.214% | $19K | $161K | 10x | as long as short |
| Variational Omni KAITO | +0.0100% | 4h | 0.3500 | −0.091% | $44K | $230K | — | as long as short |
| GRVT KAITO_USDT_Perp | +0.0100% | 4h | 0.3483 | −0.577% | $235K | $2.9M | 10x | as long as short |
| ApeX Omni KAITOUSDT | +0.0100% | 1h | 0.3482 | −0.602% | $30K | $257K | 50x | as long as short |
| Orderly PERP_KAITO_USDC_mythos | +0.0100% | 4h | 0.3500 | −0.077% | $3K | $2K | 10x | as long as short |
| Extended KAITO-USD | +0.0104% | 1h | 0.3503 | −0.011% | $78K | $54K | 10x | as long as short |
| Aevo KAITO-PERP | +0.0104% | 1h | 0.3502 | −0.046% | $243K | — | 3x | as long as short |
| Paradex KAITO-USD-PERP | +0.0106% | 8h | 0.3496 | −0.215% | $4K | $604 | 10x | as long as short |
| edgeX KAITOUSDC | +0.0118% | 4h | 0.3485 | −0.528% | $17K | $321K | 5x | as long as short |
| Polymarket Perps KAITO-USD | +0.0132% | 1h | 0.3498 | −0.134% | $19K | $4.1M | 5x | as long as short |
| Gate KAITO_USDT | +0.0190% | 4h | 0.3499 | −0.117% | $700K | $1.7M | 75x | as long as short |
| Kraken Futures PF_KAITOUSD | +0.0849% | 1h | 0.3502 | −0.022% | $242K | $156K | 10x | as long as short |
| Hyperliquid KAITOlong | +0.1101% | 1h | 0.3503 | long leg | $2.1M | $771K | 5x | |
| Lighter KAITO | +0.1800% | 1h | 0.3514 | +0.325% | $89K | $89K | 5x | as long as short |
| 01 Exchange KAITOUSD | +0.4128% | 1h | 0.3495 | −0.228% | $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
Orderly PERP_KAITO_USDC_mythos
Extended KAITO-USD
Aevo KAITO-PERP
Paradex KAITO-USD-PERP
edgeX KAITOUSDC
Polymarket Perps KAITO-USD
Gate KAITO_USDT
Kraken Futures PF_KAITOUSD
Lighter KAITO
01 Exchange KAITOUSD