Funding you earn now, next payment 06:00 UTC+0.0097%/8h= +10.6% APRpaid last 24h +0.029%
Price spread now: Katana Perps against gTrade (Gains Network)−0.017%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) HYPE/USD | 93.436 | L +0.0002% / S −0.0002% | pay 0.0000% / 1h | 53m 46s | $62K | — | 150x |
| Short | Katana Perps HYPE-USD | 93.420 | 0.0099 | get 0.0099% / 8h | 2h 53m | $28K | $1.7M | 10x |
gTrade (Gains Network) HYPE/USD
Katana Perps HYPE-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Katana Perps against gTrade (Gains Network). 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
- $20.4
- Price spread: −0.017% → 0.000%
- −$1.68
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Katana Perps: 1.9 bp × 2 orders
- −$3.8
- Net
- $4.92
- Costs to cover
- 0.138%
- Break-even
- 5.3 days
Slippage unknown: gTrade (Gains Network): no order-book sample; 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 gTrade (Gains Network) no order-book sample | — | — | — | — | — |
| Sell Katana Perps no order-book sample | — | — | — | — | — |
gTrade (Gains Network) and 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 | −0.1904% | 1h | 93.390 | −0.049% | $196K | $232K | 7x | as long as short |
| Aftermath Perps HYPEUSD | −0.0363% | 1h | 93.429 | −0.008% | $22K | $21K | 10x | as long as short |
| Bullet HYPE-USD | −0.0165% | 1h | 93.384 | −0.056% | $112K | $578K | 20x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 93.434 | −0.002% | $3K | $331 | 25x | as long as short |
| 01 Exchange HYPEUSD | −0.0040% | 1h | 93.407 | −0.031% | $87K | $365K | 20x | as long as short |
| Orderly PERP_HYPE_USDC | −0.0035% | 4h | 93.401 | −0.037% | $146K | $663K | 20x | as long as short |
| Ondo Perps HYPE-USD.P | −0.0022% | 1h | 93.540 | +0.112% | $705K | $1.2M | 10x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 93.453 | +0.018% | $128K | $29K | 5x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 93.423 | −0.013% | $22K | $290K | 10x | as long as short |
| gTrade (Gains Network) HYPE/USDlong | L +0.0002% / S −0.0002% | 1h | 93.436 | long leg | $62K | — | 150x |
Hibachi HYPE/USDT-P
Aftermath Perps HYPEUSD
Bullet HYPE-USD
Hotstuff HYPE-PERP
01 Exchange HYPEUSD
Orderly PERP_HYPE_USDC
Ondo Perps HYPE-USD.P
dYdX HYPE-USD
Perpl HYPEShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus HYPE-USD | +0.0011% | 1h | 93.366 | −0.075% | $1.0M | $3.9M | 10x | as long as short |
| Bitget HYPEUSDT | +0.0022% | 4h | 93.513 | +0.083% | $226.3M | $99.1M | 75x | as long as short |
| Bybit HYPEUSDT | +0.0024% | 8h | 93.510 | +0.080% | $318.1M | $283.6M | 75x | as long as short |
| Phemex HYPEUSDT | +0.0025% | 8h | 93.449 | +0.014% | $12.6M | $2.7M | 50x | as long as short |
| Phoenix HYPE | +0.0026% | 1h | 93.546 | +0.118% | $209K | $1.2M | 10x | as long as short |
| Bluefin HYPE-PERP | +0.0058% | 1h | 93.409 | −0.029% | $79K | $167K | 20x | as long as short |
| Gate HYPE_USDT | +0.0092% | 4h | 93.480 | +0.047% | $46.3M | $53.8M | 75x | as long as short |
| edgeX HYPEUSDC | +0.0092% | 4h | 93.577 | +0.152% | $5.0M | $29.9M | 30x | as long as short |
| Paradex HYPE-USD-PERP | +0.0095% | 8h | 93.444 | +0.009% | $340K | $162K | 20x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 93.446 | +0.011% | $16.1M | $62.9M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 93.451 | +0.016% | $3.1M | $11.4M | 20x | as long as short |
| Popdex HYPEUSDT | +0.0096% | 1h | 93.393 | −0.046% | $77K | $1.1M | 50x | as long as short |
| Katana Perps HYPE-USDshort | +0.0099% | 8h | 93.420 | −0.017% | $28K | $1.7M | 10x | |
| Nado HYPE-PERP | +0.0100% | 1h | 93.405 | −0.033% | $7.0M | $47.8M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 93.565 | +0.138% | $2.04B | $665.3M | 10x | as long as short |
| Aster HYPEUSDT | +0.0100% | 4h | 93.467 | +0.034% | $8.7M | $36.4M | 300x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 93.433 | −0.003% | $10.1M | $15.3M | 20x | as long as short |
| Binance HYPEUSDT | +0.0100% | 4h | 93.472 | +0.039% | $374.9M | $910.7M | 75x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0100% | 8h | 93.514 | +0.084% | $114.9M | $308.5M | 50x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 93.328 | −0.115% | $203K | $3K | 10x | as long as short |
| MEXC HYPE_USDT | +0.0100% | 4h | 93.500 | +0.069% | $92.1M | $80.1M | 100x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 93.458 | +0.024% | $46.6M | $18.5M | 75x | as long as short |
| BingX HYPE-USDT | +0.0100% | 4h | 93.499 | +0.068% | — | $54.0M | — | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 93.440 | +0.005% | $7.3M | $11.1M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 93.529 | +0.099% | $28.7M | $56.9M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 93.637 | +0.215% | $7.6M | $47.1M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 93.532 | +0.103% | $343K | $1.0M | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 93.573 | +0.147% | $669K | $2.9M | 20x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 93.487 | +0.055% | — | $243K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 93.443 | +0.008% | $490K | $2.7M | 20x | as long as short |
| Derive HYPE-PERP | +0.0100% | 1h | 93.399 | −0.039% | $16.1M | $7.5M | 10x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 93.382 | −0.057% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 93.435 | −0.001% | $2.0M | $1.9M | 10x | as long as short |
| HTX HYPE-USDT | +0.0100% | 4h | 93.580 | +0.154% | $1.4M | $6.4M | 75x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 93.431 | −0.005% | $18.1M | $43.2M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0104% | 1h | 93.409 | −0.028% | $395K | $161K | 20x | as long as short |
| Injective HYPE/USDC PERP | +0.0122% | 1h | 93.470 | +0.037% | $30K | $339K | 12x | as long as short |
| Kalshi KXHYPEPERP | +0.0133% | 8h | 93.420 | −0.017% | $1.8M | $5.6M | 2.3x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0144% | 1h | 93.470 | +0.037% | $4.8M | $5.6M | 50x | as long as short |
| Reya HYPERUSDPERP | +0.0267% | 1h | 93.391 | −0.048% | $80K | $131K | 15x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0332% / S −0.0154% | 1h | 93.431 | −0.005% | $1.4M | — | 100x | as long as short |
| BloFin HYPE-USDT | +0.0340% | 4h | 93.441 | +0.006% | $16.9M | $11.9M | 75x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0341% | 1h | 93.508 | +0.077% | $20.8M | $29.6M | 50x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0392% | 1h | 93.518 | +0.088% | $7.5M | $4.0M | 50x | as long as short |
| RISEx HYPE/USDC | +0.0527% | 1h | 93.450 | +0.015% | $3.2M | $6.3M | 20x | as long as short |
Arcus HYPE-USD
Bitget HYPEUSDT
Bybit HYPEUSDT
Phemex HYPEUSDT
Phoenix HYPE
Bluefin HYPE-PERP
Gate HYPE_USDT
edgeX HYPEUSDC
Paradex HYPE-USD-PERP
Lighter HYPE
Lighter RH HYPE
Popdex HYPEUSDT
Nado HYPE-PERP
Hyperliquid HYPE
Aster HYPEUSDT
Pacifica HYPE
Binance HYPEUSDT
OKX HYPE-USDT-SWAP
Bulk HYPE-USD
MEXC HYPE_USDT
KuCoin HYPEUSDTM
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
Derive HYPE-PERP
SunX HYPE-USDT
SoDEX HYPE-USD
HTX HYPE-USDT
Extended HYPE-USD
Aevo HYPE-PERP
Injective HYPE/USDC PERP
Kalshi KXHYPEPERP
Coinbase International HYPE-PERP-INTX
Reya HYPERUSDPERP
GMX HYPE/USD [WBTC.b-USDC]
BloFin HYPE-USDT
Kraken Futures PF_HYPEUSD
Deribit HYPE_USDC-PERPETUAL
RISEx HYPE/USDC