Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Katana Perps against Bulk+0.469%7-day average −0.050% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.016%−$2 on $10k
+Price spread, last 4 days (all we have)−0.271%−$27 · spread now +0.469%, 7d avg −0.050%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Katana Perps is 0.520% dearer against Bulk than usual: you sell high and buy low, +$52 on $10k if it goes back to its 7-day average of −0.050%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bulk HYPE-USD | 92.884 | 0.0100 | pay 0.0013% / 1h | 43m 01s | $203K | $10K | 10x |
| Short | Katana Perps HYPE-USD | 93.320 | 0.0100 | get 0.0100% / 8h | 1h 43m | $40K | $1.6M | 10x |
Bulk HYPE-USD
Katana Perps HYPE-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Katana Perps against Bulk. 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
- −$0.04
- Price spread: +0.469% → −0.050%
- $51.97
- Slippage, 4 orders
- no order book: not counted
- Fee Bulk: 3.5 bp × 2 orders
- −$7
- Fee Katana Perps: 1.9 bp × 2 orders
- −$3.8
- Net
- $41.13
- Costs to cover
- 0.108%
- Break-even
- from the start
Slippage unknown: Bulk: live order book, 41 min ago; Katana Perps: 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 Bulk live order book, 41 min ago | 0.53 bp | 4.0 bp −$4 | 5.6 bp −$56 | 11.5 bp −$1,153 | 35.8 bp −$17.9K |
| Sell Katana Perps no order-book sample | — | — | — | — | — |
Katana Perps: 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.
HYPE on 55 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 | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps HYPEUSD | −0.0355% | 1h | 93.211 | +0.353% | $22K | $22K | 10x | as long as short |
| Arcus HYPE-USD | −0.0131% | 1h | 93.292 | +0.439% | $1.2M | $4.0M | 10x | as long as short |
| Hibachi HYPE/USDT-P | −0.0112% | 1h | 93.291 | +0.438% | $197K | $230K | 7x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 93.339 | +0.490% | $3K | $331 | 25x | as long as short |
| Ondo Perps HYPE-USD.P | −0.0038% | 1h | 93.150 | +0.286% | $699K | $924K | 10x | as long as short |
| 01 Exchange HYPEUSD | −0.0008% | 1h | 93.375 | +0.529% | $90K | $362K | 20x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 93.336 | +0.486% | $127K | $32K | 5x | as long as short |
| Popdex HYPEUSDT | 0.0000% | 1h | 93.345 | +0.496% | $57K | $1.2M | 50x | as long as short |
| Kalshi KXHYPEPERP | 0.0000% | 8h | 93.402 | +0.558% | $1.9M | $5.3M | 2.3x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 93.303 | +0.451% | $23K | $331K | 10x | as long as short |
Aftermath Perps HYPEUSD
Arcus HYPE-USD
Hibachi HYPE/USDT-P
Hotstuff HYPE-PERP
Ondo Perps HYPE-USD.P
01 Exchange HYPEUSD
dYdX HYPE-USD
Popdex HYPEUSDT
Kalshi KXHYPEPERP
Perpl HYPEShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0001% | 1h | 93.345 | +0.496% | $20K | — | 150x | as long as short |
| Aster HYPEUSDT | +0.0011% | 4h | 93.361 | +0.513% | $8.9M | $36.0M | 300x | as long as short |
| Derive HYPE-PERP | +0.0016% | 1h | 93.272 | +0.417% | $16.3M | $7.1M | 10x | as long as short |
| Bybit HYPEUSDT | +0.0031% | 8h | 93.340 | +0.491% | $324.2M | $286.8M | 75x | as long as short |
| Phoenix HYPE | +0.0034% | 1h | 93.278 | +0.424% | $216K | $1.2M | 10x | as long as short |
| Orderly PERP_HYPE_USDC | +0.0037% | 4h | 93.316 | +0.465% | $171K | $519K | 20x | as long as short |
| Gate HYPE_USDT | +0.0070% | 4h | 93.355 | +0.507% | $43.8M | $57.7M | 75x | as long as short |
| Bullet HYPE-USD | +0.0082% | 1h | 93.301 | +0.449% | $111K | $578K | 20x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 93.388 | +0.543% | $18.5M | $58.7M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 93.357 | +0.509% | $3.1M | $12.1M | 20x | as long as short |
| Binance HYPEUSDT | +0.0096% | 4h | 93.346 | +0.498% | $383.6M | $891.7M | 75x | as long as short |
| MEXC HYPE_USDT | +0.0098% | 4h | 93.352 | +0.504% | $90.4M | $81.6M | 100x | as long as short |
| Paradex HYPE-USD-PERP | +0.0099% | 8h | 93.342 | +0.493% | $339K | $170K | 20x | as long as short |
| Katana Perps HYPE-USDshort | +0.0100% | 8h | 93.320 | +0.469% | $40K | $1.6M | 10x | |
| Nado HYPE-PERP | +0.0100% | 1h | 93.344 | +0.496% | $5.9M | $44.0M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 93.397 | +0.552% | $2.03B | $672.1M | 10x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 93.324 | +0.474% | $10.0M | $14.3M | 20x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0100% | 8h | 93.368 | +0.521% | $114.1M | $314.4M | 50x | as long as short |
| Bulk HYPE-USDlong | +0.0100% | 1h | 92.884 | long leg | $203K | $10K | 10x | |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 93.352 | +0.504% | $47.3M | $18.9M | 75x | as long as short |
| Bitget HYPEUSDT | +0.0100% | 4h | 93.400 | +0.555% | $226.5M | $102.8M | 75x | as long as short |
| BingX HYPE-USDT | +0.0100% | 4h | 93.325 | +0.475% | — | $53.9M | — | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 93.389 | +0.544% | $7.9M | $11.5M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 93.236 | +0.379% | $28.9M | $50.6M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 93.228 | +0.371% | $7.5M | $45.6M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 93.375 | +0.529% | $413K | $1.0M | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 93.274 | +0.420% | $675K | $2.5M | 20x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 93.337 | +0.487% | — | $454K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 93.364 | +0.517% | $494K | $2.6M | 20x | as long as short |
| Bluefin HYPE-PERP | +0.0100% | 1h | 93.311 | +0.460% | $76K | $168K | 20x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 93.391 | +0.546% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 93.328 | +0.478% | $2.0M | $2.0M | 10x | as long as short |
| Phemex HYPEUSDT | +0.0100% | 8h | 93.340 | +0.491% | $12.7M | $2.6M | 50x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 93.369 | +0.523% | $18.2M | $42.1M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0104% | 1h | 93.325 | +0.475% | $397K | $318K | 20x | as long as short |
| edgeX HYPEUSDC | +0.0107% | 4h | 93.311 | +0.459% | $5.1M | $29.6M | 30x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0176% | 1h | 93.390 | +0.545% | $4.9M | $5.7M | 50x | as long as short |
| Injective HYPE/USDC PERP | +0.0239% | 1h | 93.250 | +0.394% | $30K | $338K | 12x | as long as short |
| Reya HYPERUSDPERP | +0.0246% | 1h | 93.317 | +0.466% | $78K | $158K | 15x | as long as short |
| HTX HYPE-USDT | +0.0274% | 4h | 93.500 | +0.663% | $1.5M | $7.7M | 75x | as long as short |
| RISEx HYPE/USDC | +0.0280% | 1h | 93.399 | +0.555% | $2.8M | $6.8M | 20x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0328% | 1h | 93.412 | +0.568% | $7.4M | $4.6M | 50x | as long as short |
| BloFin HYPE-USDT | +0.0336% | 4h | 93.332 | +0.482% | $16.9M | $12.5M | 75x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0340% / S −0.0159% | 1h | 93.341 | +0.492% | $1.5M | — | 100x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0465% | 1h | 93.444 | +0.603% | $20.8M | $28.6M | 50x | as long as short |
gTrade (Gains Network) HYPE/USD
Aster HYPEUSDT
Derive HYPE-PERP
Bybit HYPEUSDT
Phoenix HYPE
Orderly PERP_HYPE_USDC
Gate HYPE_USDT
Bullet HYPE-USD
Lighter HYPE
Lighter RH HYPE
Binance HYPEUSDT
MEXC HYPE_USDT
Paradex HYPE-USD-PERP
Nado HYPE-PERP
Hyperliquid HYPE
Pacifica HYPE
OKX HYPE-USDT-SWAP
KuCoin HYPEUSDTM
Bitget HYPEUSDT
BingX HYPE-USDT
Backpack HYPE_USDC_PERP
Variational Omni HYPE
GRVT HYPE_USDT_Perp
ApeX Omni HYPEUSDT
StandX HYPE-USD
Vest HYPE-PERP
Polymarket Perps HYPE-USD
Bluefin HYPE-PERP
SunX HYPE-USDT
SoDEX HYPE-USD
Phemex HYPEUSDT
Extended HYPE-USD
Aevo HYPE-PERP
edgeX HYPEUSDC
Coinbase International HYPE-PERP-INTX
Injective HYPE/USDC PERP
Reya HYPERUSDPERP
HTX HYPE-USDT
RISEx HYPE/USDC
Deribit HYPE_USDC-PERPETUAL
BloFin HYPE-USDT
GMX HYPE/USD [WBTC.b-USDC]
Kraken Futures PF_HYPEUSD