Funding you earn now, next payment 06:00 UTC+0.0794%/8h= +87.0% APRnext payment +$0.99 per $10,000 · paid last 24h —
Price spread now: Hyperliquid against Reya+2.941%7-day average — · you sell dearer than you buy
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 airdropReya: Active · Hyperliquid: Season 2 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$24 a day on $10k at the current rate, and Hyperliquid is 2.941% dearer against Reya than usual: you sell high and buy low: +$294 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya KAITORUSDPERP | 0.3370 | 0 | get 0.0000% / 1h | 30m 38s | — | — | — |
| Short | Hyperliquid KAITO | 0.3469 | 0.0794 | get 0.0099% / 1h | 30m 38s | $2.0M | $853K | 5x |
Reya KAITORUSDPERP
Hyperliquid KAITOFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against Reya. 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
- $166.84
- Price spread: +2.941% → 0.000%
- $294.09
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $445.94
- Costs to cover
- 0.150%
- Break-even
- from the start
Slippage unknown: Reya: no order-book sample; Hyperliquid: live order book, 10 min ago. 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 Reya no order-book sample | — | — | — | — | — |
| Sell Hyperliquid live order book, 10 min ago | 1.29 bp | 13.4 bp −$13 | doesn't fit | doesn't fit | doesn't fit |
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 | −0.0280% | 1h | 0.3464 | +2.775% | $20K | $185K | 10x | as long as short |
| Injective KAITO/USDC PERP | −0.0060% | 1h | 0.3470 | +2.956% | $7K | $52K | 12x | as long as short |
| Reya KAITORUSDPERPlong | 0.0000% | 1h | 0.3370 | long leg | — | — | — | |
| BloFin KAITO-USDT | +0.0091% | 4h | 0.3463 | +2.748% | $555K | $67K | 75x | as long as short |
| Aster KAITOUSDT | +0.0100% | 4h | 0.3464 | +2.779% | $117K | $50K | 10x | as long as short |
| Pacifica KAITO | +0.0100% | 1h | 0.3464 | +2.787% | $18K | $14K | 5x | as long as short |
| Binance KAITOUSDT | +0.0100% | 4h | 0.3466 | +2.835% | $10.6M | $17.1M | 75x | as long as short |
| Bybit KAITOUSDT | +0.0100% | 4h | 0.3465 | +2.807% | $4.3M | $7.9M | 75x | as long as short |
| OKX KAITO-USDT-SWAP | +0.0100% | 4h | 0.3461 | +2.689% | $4.2M | $10.8M | 50x | as long as short |
| Gate KAITO_USDT | +0.0100% | 4h | 0.3462 | +2.718% | $650K | $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 | 0.3463 | +2.748% | $3.1M | $1.1M | 50x | as long as short |
| KuCoin KAITOUSDTM | +0.0100% | 4h | 0.3465 | +2.807% | $1.4M | $179K | 30x | as long as short |
| Bitget KAITOUSDT | +0.0100% | 4h | 0.3465 | +2.807% | $4.3M | $3.5M | 75x | as long as short |
| BingX KAITO-USDC | +0.0100% | 4h | 0.3463 | +2.748% | — | $6.5M | — | as long as short |
| Variational Omni KAITO | +0.0100% | 4h | 0.3465 | +2.821% | $43K | $211K | — | as long as short |
| GRVT KAITO_USDT_Perp | +0.0100% | 4h | 0.3470 | +2.942% | $246K | $2.5M | 10x | as long as short |
| ApeX Omni KAITOUSDT | +0.0100% | 1h | 0.3464 | +2.778% | $29K | $261K | 50x | as long as short |
| Orderly PERP_KAITO_USDC_mythos | +0.0100% | 4h | 0.3464 | +2.781% | $3K | $2K | 10x | as long as short |
| Extended KAITO-USD | +0.0104% | 1h | 0.3464 | +2.765% | $80K | $63K | 10x | as long as short |
| Aevo KAITO-PERP | +0.0104% | 1h | 0.3467 | +2.856% | $241K | — | 3x | as long as short |
| Paradex KAITO-USD-PERP | +0.0110% | 8h | 0.3463 | +2.761% | $4K | $604 | 10x | as long as short |
| Polymarket Perps KAITO-USD | +0.0113% | 1h | 0.3464 | +2.778% | $14K | $4.6M | 5x | as long as short |
| edgeX KAITOUSDC | +0.0117% | 4h | 0.3468 | +2.885% | $17K | $327K | 5x | as long as short |
| Kraken Futures PF_KAITOUSD | +0.0390% | 1h | 0.3463 | +2.741% | $243K | $154K | 10x | as long as short |
| Hyperliquid KAITOshort | +0.0794% | 1h | 0.3469 | +2.941% | $2.0M | $853K | 5x | |
| Lighter KAITO | +0.1440% | 1h | 0.3478 | +3.208% | $86K | $100K | 5x | as long as short |
| 01 Exchange KAITOUSD | +0.8424% | 1h | 0.3530 | +4.736% | $6K | $1K | 3x | as long as short |
MEXC KAITO_USDT
KuCoin KAITOUSDTM
Bitget KAITOUSDT
BingX KAITO-USDC
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