Funding you earn now, next payment 02:00 UTC−0.0004%/8h= −0.5% APRpaid last 24h −0.001%
Price spread now: Katana Perps against Extended−0.126%7-day average −0.018% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.021%−$2 on $10k
+Price spread, last 7 days+0.128%+$13 · spread now −0.126%, 7d avg −0.018%
=Together, before fees+0.106%+ Points / potential airdropExtended: Active · farm board+$11 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Katana Perps is 0.108% cheaper against Extended than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of −0.018%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended HYPE-USD | 93.528 | 0.0104 | pay 0.0013% / 1h | 49m 42s | $18.4M | $44.4M | 50x |
| Short | Katana Perps HYPE-USD | 93.410 | 0.0100 | get 0.0100% / 8h | 6h 49m | $37K | $1.6M | 10x |
Extended HYPE-USD
Katana Perps HYPE-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Katana Perps against Extended. 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
- −$0.88
- Price spread: −0.126% → −0.018%
- −$10.84
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Katana Perps: 1.9 bp × 2 orders
- −$3.8
- Net
- −$20.53
- Costs to cover
- 0.088%
- Break-even
- never at this rate
Slippage unknown: Extended: live order book, 4 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 Extended live order book, 4 min ago | 0.05 bp | 2.6 bp −$3 | 4.0 bp −$40 | 24.6 bp −$2,459 | doesn't fit |
| 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 | |
|---|---|---|---|---|---|---|---|---|
| Hibachi HYPE/USDT-P | −0.1072% | 1h | 93.160 | −0.394% | $196K | $229K | 7x | as long as short |
| Arcus HYPE-USD | −0.0786% | 1h | 93.319 | −0.223% | $1.2M | $3.9M | 10x | as long as short |
| Aftermath Perps HYPEUSD | −0.0206% | 1h | 93.313 | −0.230% | $22K | $21K | 10x | as long as short |
| Backpack HYPE_USDC_PERP | −0.0149% | 1h | 93.452 | −0.081% | $7.8M | $10.6M | 20x | as long as short |
| ApeX Omni HYPEUSDT | −0.0108% | 1h | 93.152 | −0.402% | $337K | $1.1M | 50x | as long as short |
| Ondo Perps HYPE-USD.P | −0.0099% | 1h | 93.340 | −0.201% | $699K | $974K | 10x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 93.282 | −0.263% | $3K | $331 | 25x | as long as short |
| Gate HYPE_USDT | −0.0080% | 4h | 93.531 | +0.003% | $44.3M | $53.7M | 75x | as long as short |
| 01 Exchange HYPEUSD | −0.0072% | 1h | 93.437 | −0.097% | $85K | $360K | 20x | as long as short |
| Orderly PERP_HYPE_USDC | −0.0048% | 4h | 93.406 | −0.130% | $158K | $646K | 20x | as long as short |
Hibachi HYPE/USDT-P
Arcus HYPE-USD
Aftermath Perps HYPEUSD
Backpack HYPE_USDC_PERP
ApeX Omni HYPEUSDT
Ondo Perps HYPE-USD.P
Hotstuff HYPE-PERP
Gate HYPE_USDT
01 Exchange HYPEUSD
Orderly PERP_HYPE_USDCShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster HYPEUSDT | −0.0024% | 4h | 93.519 | −0.009% | $8.9M | $36.2M | 300x | as long as short |
| Phemex HYPEUSDT | −0.0022% | 8h | 93.438 | −0.096% | $12.7M | $2.7M | 50x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 93.462 | −0.070% | $128K | $31K | 5x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 93.437 | −0.097% | $22K | $333K | 10x | as long as short |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0003% | 1h | 93.451 | −0.083% | $26K | — | 150x | as long as short |
| BingX HYPE-USDT | +0.0012% | 4h | 93.527 | −0.001% | — | $54.2M | — | as long as short |
| Bybit HYPEUSDT | +0.0028% | 8h | 93.530 | +0.002% | $320.0M | $282.8M | 75x | as long as short |
| MEXC HYPE_USDT | +0.0038% | 4h | 93.551 | +0.025% | $88.1M | $81.9M | 100x | as long as short |
| edgeX HYPEUSDC | +0.0038% | 4h | 93.103 | −0.454% | $5.0M | $29.8M | 30x | as long as short |
| Binance HYPEUSDT | +0.0044% | 4h | 93.538 | +0.011% | $381.3M | $904.4M | 75x | as long as short |
| Bluefin HYPE-PERP | +0.0047% | 1h | 93.445 | −0.089% | $79K | $173K | 20x | as long as short |
| Derive HYPE-PERP | +0.0053% | 1h | 93.422 | −0.113% | $16.2M | $7.6M | 10x | as long as short |
| Phoenix HYPE | +0.0060% | 1h | 93.190 | −0.361% | $212K | $1.2M | 10x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0066% | 8h | 93.554 | +0.028% | $115.3M | $316.4M | 50x | as long as short |
| Bullet HYPE-USD | +0.0066% | 1h | 93.420 | −0.115% | $111K | $578K | 20x | as long as short |
| Aevo HYPE-PERP | +0.0088% | 1h | 93.435 | −0.099% | $397K | $177K | 20x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 93.492 | −0.039% | $16.5M | $62.1M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 93.542 | +0.015% | $3.1M | $11.8M | 20x | as long as short |
| Popdex HYPEUSDT | +0.0096% | 1h | 93.436 | −0.098% | $64K | $1.2M | 50x | as long as short |
| Paradex HYPE-USD-PERP | +0.0097% | 8h | 93.480 | −0.051% | $340K | $165K | 20x | as long as short |
| Katana Perps HYPE-USDshort | +0.0100% | 8h | 93.410 | −0.126% | $37K | $1.6M | 10x | |
| Nado HYPE-PERP | +0.0100% | 1h | 93.430 | −0.104% | $6.6M | $44.7M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 93.628 | +0.107% | $2.04B | $672.9M | 10x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 93.461 | −0.071% | $10.0M | $14.7M | 20x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 93.534 | +0.006% | $46.1M | $18.4M | 75x | as long as short |
| Bitget HYPEUSDT | +0.0100% | 4h | 93.559 | +0.033% | $226.5M | $100.7M | 75x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 93.281 | −0.265% | $30.9M | $55.0M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 93.172 | −0.381% | $7.5M | $46.9M | 10x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 93.323 | −0.219% | $666K | $2.6M | 20x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 93.444 | −0.090% | — | $243K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 93.464 | −0.068% | $468K | $2.5M | 20x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 93.514 | −0.015% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 93.455 | −0.078% | $2.0M | $2.0M | 10x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 93.250 | −0.297% | $203K | $10K | 10x | as long as short |
| Extended HYPE-USDlong | +0.0104% | 1h | 93.528 | long leg | $18.4M | $44.4M | 50x | |
| Coinbase International HYPE-PERP-INTX | +0.0136% | 1h | 93.460 | −0.073% | $4.9M | $5.5M | 50x | as long as short |
| Injective HYPE/USDC PERP | +0.0137% | 1h | 93.170 | −0.383% | $30K | $338K | 12x | as long as short |
| BloFin HYPE-USDT | +0.0158% | 4h | 93.376 | −0.163% | $17.0M | $12.1M | 75x | as long as short |
| RISEx HYPE/USDC | +0.0210% | 1h | 93.488 | −0.043% | $2.7M | $6.8M | 20x | as long as short |
| Reya HYPERUSDPERP | +0.0253% | 1h | 93.419 | −0.116% | $79K | $142K | 15x | as long as short |
| Kalshi KXHYPEPERP | +0.0256% | 8h | 93.475 | −0.057% | $1.9M | $5.2M | 2.3x | as long as short |
| HTX HYPE-USDT | +0.0273% | 4h | 93.600 | +0.077% | $1.5M | $6.1M | 75x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0334% / S −0.0158% | 1h | 93.443 | −0.091% | $1.4M | — | 100x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0584% | 1h | 93.570 | +0.045% | $7.5M | $4.5M | 50x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0682% | 1h | 93.548 | +0.022% | $20.9M | $29.9M | 50x | as long as short |
Aster HYPEUSDT
Phemex HYPEUSDT
dYdX HYPE-USD
Perpl HYPE
gTrade (Gains Network) HYPE/USD
BingX HYPE-USDT
Bybit HYPEUSDT
MEXC HYPE_USDT
edgeX HYPEUSDC
Binance HYPEUSDT
Bluefin HYPE-PERP
Derive HYPE-PERP
Phoenix HYPE
OKX HYPE-USDT-SWAP
Bullet HYPE-USD
Aevo HYPE-PERP
Lighter HYPE
Lighter RH HYPE
Popdex HYPEUSDT
Paradex HYPE-USD-PERP
Nado HYPE-PERP
Hyperliquid HYPE
Pacifica HYPE
KuCoin HYPEUSDTM
Bitget HYPEUSDT
Variational Omni HYPE
GRVT HYPE_USDT_Perp
StandX HYPE-USD
Vest HYPE-PERP
Polymarket Perps HYPE-USD
SunX HYPE-USDT
SoDEX HYPE-USD
Bulk HYPE-USD
Coinbase International HYPE-PERP-INTX
Injective HYPE/USDC PERP
BloFin HYPE-USDT
RISEx HYPE/USDC
Reya HYPERUSDPERP
Kalshi KXHYPEPERP
HTX HYPE-USDT
GMX HYPE/USD [WBTC.b-USDC]
Deribit HYPE_USDC-PERPETUAL
Kraken Futures PF_HYPEUSD