Funding you earn now, next payment 06:00 UTC−0.0801%/8h= −87.7% APRnext payment −$1.00 per $10,000 · paid last 24h —
Price spread now: Reya against Hyperliquid−3.035%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropHyperliquid: Season 2 · Reya: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$24 a day on $10k at the current rate, and Reya is 3.035% cheaper against Hyperliquid than usual: you would sell low and buy high (−$304 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 | 0.3476 | 0.0801 | pay 0.0100% / 1h | 30m 01s | $2.0M | $853K | 5x |
| Short | Reya KAITORUSDPERP | 0.3370 | 0 | get 0.0000% / 1h | 30m 01s | — | — | — |
Hyperliquid KAITO
Reya KAITORUSDPERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Reya 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
- −$168.15
- Price spread: −3.035% → 0.000%
- −$303.53
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- −$486.68
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 1 min ago; Reya: 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, 1 min ago | 1.73 bp | 10.2 bp −$10 | doesn't fit | doesn't fit | doesn't fit |
| Sell Reya no order-book sample | — | — | — | — | — |
Reya: 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 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 | −0.0286% | 1h | 0.3469 | −0.204% | $20K | $185K | 10x | as long as short |
| Injective KAITO/USDC PERP | −0.0060% | 1h | 0.3470 | −0.170% | $7K | $52K | 12x | as long as short |
| Reya KAITORUSDPERPshort | 0.0000% | 1h | 0.3370 | −3.035% | — | — | — | |
| BloFin KAITO-USDT | +0.0091% | 4h | 0.3463 | −0.371% | $555K | $67K | 75x | as long as short |
| Aster KAITOUSDT | +0.0100% | 4h | 0.3469 | −0.204% | $117K | $50K | 10x | as long as short |
| Pacifica KAITO | +0.0100% | 1h | 0.3464 | −0.334% | $18K | $14K | 5x | as long as short |
| Binance KAITOUSDT | +0.0100% | 4h | 0.3469 | −0.199% | $10.6M | $17.1M | 75x | as long as short |
| Bybit KAITOUSDT | +0.0100% | 4h | 0.3470 | −0.170% | $4.3M | $7.9M | 75x | as long as short |
| OKX KAITO-USDT-SWAP | +0.0100% | 4h | 0.3467 | −0.256% | $4.2M | $10.8M | 50x | as long as short |
| Gate KAITO_USDT | +0.0100% | 4h | 0.3466 | −0.285% | $651K | $1.7M | 75x | as long as short |
Backpack KAITO_USDC_PERP
Injective KAITO/USDC PERP
BloFin KAITO-USDT
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 | 0.3469 | −0.199% | $3.1M | $1.1M | 50x | as long as short |
| KuCoin KAITOUSDTM | +0.0100% | 4h | 0.3469 | −0.199% | $1.4M | $179K | 30x | as long as short |
| Bitget KAITOUSDT | +0.0100% | 4h | 0.3472 | −0.112% | $4.3M | $3.5M | 75x | as long as short |
| BingX KAITO-USDT | +0.0100% | 4h | 0.3468 | −0.227% | — | $6.7M | — | as long as short |
| Variational Omni KAITO | +0.0100% | 4h | 0.3465 | −0.300% | $43K | $211K | — | as long as short |
| GRVT KAITO_USDT_Perp | +0.0100% | 4h | 0.3470 | −0.183% | $246K | $2.5M | 10x | as long as short |
| ApeX Omni KAITOUSDT | +0.0100% | 1h | 0.3464 | −0.342% | $29K | $261K | 50x | as long as short |
| Orderly PERP_KAITO_USDC_mythos | +0.0100% | 4h | 0.3468 | −0.230% | $3K | $2K | 10x | as long as short |
| Extended KAITO-USD | +0.0104% | 1h | 0.3469 | −0.204% | $80K | $63K | 10x | as long as short |
| Aevo KAITO-PERP | +0.0104% | 1h | 0.3469 | −0.199% | $241K | — | 3x | as long as short |
| Paradex KAITO-USD-PERP | +0.0110% | 8h | 0.3463 | −0.358% | $4K | $604 | 10x | as long as short |
| Polymarket Perps KAITO-USD | +0.0115% | 1h | 0.3471 | −0.152% | $14K | $4.6M | 5x | as long as short |
| edgeX KAITOUSDC | +0.0117% | 4h | 0.3468 | −0.238% | $17K | $327K | 5x | as long as short |
| Kraken Futures PF_KAITOUSD | +0.0390% | 1h | 0.3468 | −0.222% | $243K | $154K | 10x | as long as short |
| Hyperliquid KAITOlong | +0.0801% | 1h | 0.3476 | long leg | $2.0M | $853K | 5x | |
| Lighter KAITO | +0.1448% | 1h | 0.3483 | +0.216% | $86K | $100K | 5x | as long as short |
| 01 Exchange KAITOUSD | +0.8424% | 1h | 0.3530 | +1.556% | $6K | $1K | 3x | as long as short |
MEXC KAITO_USDT
KuCoin KAITOUSDTM
Bitget KAITOUSDT
BingX KAITO-USDT
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
Polymarket Perps KAITO-USD
edgeX KAITOUSDC
Kraken Futures PF_KAITOUSD
Lighter KAITO
01 Exchange KAITOUSD