Funding you earn now, next payment 02:00 UTC−0.0854%/8h= −93.5% APRpaid last 24h −0.094%
Price spread now: Orderly against Hyperliquid−0.219%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$26 a day on $10k at the current rate, and Orderly is 0.219% cheaper against Hyperliquid than usual: you would sell low and buy high (−$22 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid KAITO | 0.3521 | 0.0954 | pay 0.0119% / 1h | 21m 51s | $2.1M | $784K | 5x |
| Short | Orderly PERP_KAITO_USDC_mythos | 0.3513 | 0.0100 | get 0.0050% / 4h | 2h 21m | $3K | $2K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- −$179.31
- Price spread: −0.219% → 0.000%
- −$21.87
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$216.18
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 9 min ago; Orderly: no order-book sample. Net counts fees only.
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, 9 min ago | 1.43 bp | 13.6 bp −$14 | doesn't fit | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0397% | 1h | 0.3515 | −0.187% | $20K | $174K | 10x | as long as short |
| Injective KAITO/USDC PERP | −0.0064% | 1h | 0.3474 | −1.340% | $7K | $52K | 12x | as long as short |
| Reya KAITORUSDPERP | 0.0000% | 1h | 0.3370 | −4.285% | — | — | — | as long as short |
| Aster KAITOUSDT | +0.0100% | 4h | 0.3514 | −0.194% | $117K | $38K | 10x | as long as short |
| Pacifica KAITO | +0.0100% | 1h | 0.3516 | −0.144% | $18K | $15K | 5x | as long as short |
| Binance KAITOUSDT | +0.0100% | 4h | 0.3514 | −0.203% | $10.7M | $16.3M | 75x | as long as short |
| Bybit KAITOUSDT | +0.0100% | 4h | 0.3516 | −0.148% | $4.5M | $7.1M | 75x | as long as short |
| OKX KAITO-USDT-SWAP | +0.0100% | 4h | 0.3509 | −0.346% | $4.3M | $10.3M | 50x | as long as short |
| Gate KAITO_USDT | +0.0100% | 4h | 0.3517 | −0.119% | $685K | $1.7M | 75x | as long as short |
| MEXC KAITO_USDT | +0.0100% | 4h | 0.3515 | −0.176% | $3.3M | $1.1M | 50x | as long as short |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin KAITOUSDTM | +0.0100% | 4h | 0.3519 | −0.062% | $1.4M | $163K | 30x | as long as short |
| Bitget KAITOUSDT | +0.0100% | 4h | 0.3521 | −0.006% | $4.4M | $3.2M | 75x | as long as short |
| BingX KAITO-USDC | +0.0100% | 4h | 0.3513 | −0.233% | — | $6.5M | — | as long as short |
| Variational Omni KAITO | +0.0100% | 4h | 0.3518 | −0.093% | $44K | $229K | — | as long as short |
| GRVT KAITO_USDT_Perp | +0.0100% | 4h | 0.3512 | −0.254% | $240K | $2.8M | 10x | as long as short |
| ApeX Omni KAITOUSDT | +0.0100% | 1h | 0.3514 | −0.204% | $30K | $256K | 50x | as long as short |
| Orderly PERP_KAITO_USDC_mythosshort | +0.0100% | 4h | 0.3513 | −0.219% | $3K | $2K | 10x | |
| Extended KAITO-USD | +0.0104% | 1h | 0.3515 | −0.188% | $78K | $54K | 10x | as long as short |
| Aevo KAITO-PERP | +0.0104% | 1h | 0.3515 | −0.184% | $244K | — | 3x | as long as short |
| edgeX KAITOUSDC | +0.0105% | 4h | 0.3511 | −0.288% | $17K | $323K | 5x | as long as short |
| Paradex KAITO-USD-PERP | +0.0118% | 8h | 0.3516 | −0.154% | $4K | $604 | 10x | as long as short |
| Polymarket Perps KAITO-USD | +0.0138% | 1h | 0.3518 | −0.088% | $17K | $4.2M | 5x | as long as short |
| Hyperliquid KAITOlong | +0.0954% | 1h | 0.3521 | long leg | $2.1M | $784K | 5x | |
| Kraken Futures PF_KAITOUSD | +0.0966% | 1h | 0.3515 | −0.169% | $244K | $147K | 10x | as long as short |
| Lighter KAITO | +0.1432% | 1h | 0.3529 | +0.219% | $87K | $93K | 5x | as long as short |
| 01 Exchange KAITOUSD | +0.6680% | 1h | 0.3580 | +1.670% | $6K | $2K | 3x | as long as short |
Hyperliquid KAITO
Backpack KAITO_USDC_PERP
Injective KAITO/USDC PERP
Aster KAITOUSDT
Pacifica KAITO
Binance KAITOUSDT
Bybit KAITOUSDT
OKX KAITO-USDT-SWAP
Gate KAITO_USDT
MEXC KAITO_USDT
KuCoin KAITOUSDTM
Bitget KAITOUSDT
BingX KAITO-USDC
Variational Omni KAITO
GRVT KAITO_USDT_Perp
ApeX Omni KAITOUSDT
Extended KAITO-USD
edgeX KAITOUSDC
Paradex KAITO-USD-PERP
Polymarket Perps KAITO-USD
Kraken Futures PF_KAITOUSD
Lighter KAITO
01 Exchange KAITOUSD