Kinetiq
dexMaker 0.03% · Taker 0.09%
- #32 of 44 perp-DEXs by open interest
- #39 by 24h volume
- taker 0.09% — cheaper than 2 of 42 venues
- 4 markets
Charts
Daily history. TVL and fees come from DefiLlama, open interest and volume from our own feed since we started tracking the venue.Best pairs with Kinetiq right now
delta-neutral: long on one exchange, short on another
Kinetiq bonuses & programs
what you can earn besides fundingSign up on Kinetiq via ORBIT
HYPE rebates on HIP-3 trades
What open interest is made of
live snapshot- Indices & ETFs84.7%$7.9M
- Commodities15.3%$1.4M
Per-asset breakdown
Daily average of the venue rolling 24h figures, through the last complete day — so these totals sit close to, but not exactly on, the live numbers above. Hover a chart for the per-asset split · hover or click an asset to spotlight it · click a legend chip to hide it.
Funding
who pays whom right nowDaily average rate, annualised. Above zero longs pay shorts.
Markets
| Asset | Mark Price ↕ | 24h % ↕ | Funding APR ↕ | Open Interest ↓ | 24h Volume ↕ | ||
|---|---|---|---|---|---|---|---|
| QQQQQ | $718.09 | +1.56% | -13.92% | +7.98% | 1h | $5.4M | $1.2M |
| SPSPY | $767.74 | +0.97% | -2.53% | +4.14% | 1h | $2.1M | $594K |
| 🇺🇸USBOND | $80.195 | +0.49% | +5.00% | +7.57% | 1h | $1.4M | $484K |
| 📉SMALL2000 | $272.07 | +0.77% | +5.00% | +13.91% | 1h | $344K | $7K |
Click an asset to view market overview · Funding rates update every 60s
About Kinetiq funding & fees
Kinetiq is a decentralized perpetual exchange (perp DEX) tracked live on ORBIT, listing 4 perpetual markets, $9.3M total open interest, $2.3M in 24h volume. Average funding across its markets is -1.61% annualized. ORBIT compares Kinetiq's funding rates against 35 other venues so you can spot where it diverges from the rest of the market.
Kinetiq charges 0.09% taker and 0.03% maker fees on perpetuals. Via the ORBIT referral you also get: HYPE rebates on HIP-3 trades. Execution cost matters for funding arbitrage — ORBIT's backtester subtracts both legs' taker fees plus live order-book slippage, so the PnL it shows is net of what you actually pay.
Kinetiq's native token HYPE is already live. Funding-rate incentives on listed-token venues are usually steadier than pre-TGE points, which makes Kinetiq a reliable leg for delta-neutral pairs.
To run funding arbitrage with Kinetiq, find an asset whose funding here diverges from another venue on the Funding Screener, then verify the pair in the backtester. Its most active markets right now include QQQ (-13.92%), SPY (-2.53%), USBOND (+5.00%).
Frequently asked questions
- What are Kinetiq trading fees?
- Kinetiq charges 0.09% taker and 0.03% maker on perpetual futures. ORBIT referral perk: HYPE rebates on HIP-3 trades. Round-trip cost on both legs is what a funding-arbitrage trade has to overcome before it profits.
- Is Kinetiq a CEX or DEX?
- Kinetiq is a decentralized perpetual exchange (perp DEX). You trade non-custodially from your own wallet.
- Does Kinetiq have a token?
- Kinetiq's token HYPE is already live. Its major points-farming airdrop has concluded, so funding incentives are the main ongoing edge here.
- How do I arbitrage funding rates on Kinetiq?