After costs, if the gap returns to its 7d average, $10k−$177
spread now+0.272%7d average+0.086%fees + slippage, in and out−$195spread needed1.952%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_KAITOUSD | 0.3490 | 0.0340 | pay 0.0043% / 1h | 2m 12s | $241K | $139K | 10x |
| Short | Hyperliquid KAITO | 0.3500 | 0.0414 | get 0.0052% / 1h | 2m 12s | $2.0M | $592K | 5x |
Kraken Futures PF_KAITOUSD
Hyperliquid KAITOPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $27.23
- Funding while held
- $2.21
- Slippage, 4 orders
- −$176.17
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$165.73
- Spread needed to break even
- 1.952%
Slippage from Kraken Futures: live order book, 47 min ago; Hyperliquid: live order book, just now.
Cost of waiting
funding view- Funding /8h
- +0.0074%
- Per $10,000 a day
- +$2.21
- Average in range /8h
- —
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 Kraken Futures live order book, 47 min ago | 25.55 bp | 115.2 bp −$115 | 12511.0 bp −$125.1K | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, just now | 0.14 bp | 12.2 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
KAITO price on every exchange
against the cheapest. Click to use as the short leg.Reya0.3370cheapestOKX0.3490+3.563%MEXC0.3490+3.563%
Reya
OKX
MEXCKraken Futures0.3490+3.564%
KuCoin0.3492+3.622%BloFin0.3492+3.622%Binance0.3492+3.627%Orderly0.3493+3.643%BingX0.3493+3.652%Aevo0.3493+3.652%Backpack0.3493+3.658%Extended0.3494+3.677%Gate0.3494+3.681%Aster0.3495+3.706%Pacifica0.3495+3.711%Bybit0.3495+3.711%Bitget0.3495+3.711%Lighter0.3497+3.782%Paradex0.3498+3.789%Polymarket Perps0.3499+3.818%
KuCoin
BloFin
Binance
Orderly
BingX
Aevo
Backpack
Extended
Gate
Aster
Pacifica
Bybit
Bitget
Lighter
Paradex
Polymarket PerpsHyperliquid0.3500+3.846%
edgeX0.3501+3.888%Injective0.3502+3.919%Variational Omni0.3510+4.166%ApeX Omni0.3512+4.215%01 Exchange0.3559+5.607%
Injective
Variational Omni
ApeX OmniKAITO on 26 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Reya KAITORUSDPERP | −3.441% | 0.0000% | 1h | — | — | — | as long as short |
| OKX KAITO-USDT-SWAP | −0.001% | +0.0100% | 4h | $4.1M | $10.1M | 50x | as long as short |
| MEXC KAITO_USDT | −0.001% | +0.0100% | 4h | $3.5M | $1.1M | 50x | as long as short |
| Kraken Futures PF_KAITOUSDlong | 0.000% | +0.0340% | 1h | $241K | $139K | 10x | |
| KuCoin KAITOUSDTM | +0.056% | +0.0100% | 4h | $1.4M | $157K | 30x | as long as short |
| BloFin KAITO-USDT | +0.056% | +0.0133% | 4h | $567K | $58K | 75x | as long as short |
| Binance KAITOUSDT | +0.061% | +0.0100% | 4h | $10.6M | $14.5M | 75x | as long as short |
| Orderly PERP_KAITO_USDC_mythos | +0.076% | +0.0100% | 4h | $4K | $28 | 10x | as long as short |
| BingX KAITO-USDC | +0.085% | +0.0100% | 4h | — | $6.5M | — | as long as short |
| Aevo KAITO-PERP | +0.085% | +0.0104% | 1h | $242K | $1K | 3x | as long as short |
Show all 26 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Backpack KAITO_USDC_PERP | +0.090% | +0.0143% | 1h | $19K | $162K | 10x | as long as short |
| Extended KAITO-USD | +0.109% | +0.0104% | 1h | $54K | $41K | 10x | as long as short |
| Gate KAITO_USDT | +0.113% | +0.0100% | 4h | $663K | $1.6M | 75x | as long as short |
| Aster KAITOUSDT | +0.137% | +0.0100% | 4h | $120K | $34K | 10x | as long as short |
| Pacifica KAITO | +0.142% | +0.0100% | 1h | $17K | $20K | 5x | as long as short |
| Bybit KAITOUSDT | +0.142% | +0.0100% | 4h | $4.4M | $6.1M | 75x | as long as short |
| Bitget KAITOUSDT | +0.142% | +0.0100% | 4h | $4.0M | $2.3M | 75x | as long as short |
| Lighter KAITO | +0.211% | +0.0584% | 1h | $82K | $56K | 5x | as long as short |
| Paradex KAITO-USD-PERP | +0.217% | +0.0107% | 8h | $4K | $604 | 10x | as long as short |
| Polymarket Perps KAITO-USD | +0.245% | +0.0210% | 1h | $12K | $3.6M | 5x | as long as short |
| Hyperliquid KAITOshort | +0.272% | +0.0414% | 1h | $2.0M | $592K | 5x | |
| edgeX KAITOUSDC | +0.312% | +0.0115% | 4h | $18K | $318K | 5x | as long as short |
| Injective KAITO/USDC PERP | +0.343% | +0.0607% | 1h | $7K | $160K | 12x | as long as short |
| Variational Omni KAITO | +0.582% | +0.0100% | 4h | $45K | $236K | — | as long as short |
| ApeX Omni KAITOUSDT | +0.629% | +0.0100% | 1h | $29K | $254K | 50x | as long as short |
| 01 Exchange KAITOUSD | +1.973% | +0.6536% | 1h | $6K | $8K | 3x | as long as short |