Funding you earn now, next payment 06:00 UTC−0.0013%/8h= −1.4% APRpaid last 24h +0.007%
Price spread now: Pacifica against Kalshi+0.279%7-day average −0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$21as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1as in the Price arb table
costs, in and out, $10k−$300.295% of the position
Funding, last 7 days+0.082%+$8 on $10k
+Price spread, last 7 days−0.329%−$33 · spread now +0.279%, 7d avg −0.004%
=Together, before fees−0.247%+ Points / potential airdropPacifica: Active · farm board−$25 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Pacifica is 0.283% dearer against Kalshi than usual: you sell high and buy low (spread +0.279% now, against its 7-day average of −0.004%): +$28 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 2 months. Mind the row above: over the last 7 days funding on this pair paid +0.082%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kalshi KXHYPEPERP | 93.680 | 0.0113 | pay 0.0113% / 8h | 6h 20m | $1.8M | $5.6M | 2.3x |
| Short | Pacifica HYPE | 93.941 | 0.0100 | get 0.0013% / 1h | 20m 33s | $10.1M | $15.3M | 20x |
Kalshi KXHYPEPERP
Pacifica HYPEFunding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica against Kalshi. 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
- −$2.75
- Price spread: +0.279% → −0.004%
- $28.28
- Slippage, 4 orders
- −$11.54
- Fee Kalshi: 5 bp × 2 orders
- −$10
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$4.01
- Costs to cover
- 0.295%
- Break-even
- never at this rate
Slippage from Kalshi: live order book, 3 min ago; Pacifica: live order book, 4 min ago.
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 Kalshi live order book, 3 min ago | 3.16 bp | 8.4 bp −$8 | 11.8 bp −$118 | 19.3 bp −$1,931 | doesn't fit |
| Sell Pacifica live order book, 4 min ago | 0.43 bp | 4.7 bp −$5 | doesn't fit | doesn't fit | doesn't fit |
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 | −0.1392% | 1h | 93.393 | −0.307% | $197K | $238K | 7x | as long as short |
| Aftermath Perps HYPEUSD | −0.0396% | 1h | 93.328 | −0.375% | $22K | $21K | 10x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 93.930 | +0.267% | $3K | $331 | 25x | as long as short |
| Bullet HYPE-USD | −0.0049% | 1h | 93.749 | +0.074% | $111K | $581K | 20x | as long as short |
| Orderly PERP_HYPE_USDC | −0.0019% | 4h | 93.684 | +0.004% | $146K | $672K | 20x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 93.915 | +0.250% | $129K | $29K | 5x | as long as short |
| 01 Exchange HYPEUSD | 0.0000% | 1h | 93.976 | +0.316% | $88K | $365K | 20x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 93.772 | +0.098% | $22K | $290K | 10x | as long as short |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0002% | 1h | 93.760 | +0.085% | $62K | — | 150x | as long as short |
| Arcus HYPE-USD | +0.0011% | 1h | 93.911 | +0.247% | $1.0M | $3.9M | 10x | as long as short |
Hibachi HYPE/USDT-P
Aftermath Perps HYPEUSD
Hotstuff HYPE-PERP
Bullet HYPE-USD
Orderly PERP_HYPE_USDC
dYdX HYPE-USD
01 Exchange HYPEUSD
Perpl HYPE
gTrade (Gains Network) HYPE/USD
Arcus HYPE-USDShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget HYPEUSDT | +0.0014% | 4h | 93.934 | +0.271% | $226.7M | $99.1M | 75x | as long as short |
| Bybit HYPEUSDT | +0.0018% | 8h | 93.920 | +0.256% | $318.7M | $283.1M | 75x | as long as short |
| Phoenix HYPE | +0.0026% | 1h | 93.624 | −0.060% | $208K | $1.2M | 10x | as long as short |
| Ondo Perps HYPE-USD.P | +0.0035% | 1h | 93.900 | +0.235% | $704K | $1.2M | 10x | as long as short |
| Phemex HYPEUSDT | +0.0046% | 8h | 93.732 | +0.056% | $12.8M | $2.8M | 50x | as long as short |
| edgeX HYPEUSDC | +0.0094% | 4h | 93.211 | −0.501% | $5.0M | $29.9M | 30x | as long as short |
| Paradex HYPE-USD-PERP | +0.0094% | 8h | 93.983 | +0.323% | $342K | $157K | 20x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 93.916 | +0.252% | $16.2M | $63.3M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 93.936 | +0.273% | $3.1M | $11.5M | 20x | as long as short |
| Popdex HYPEUSDT | +0.0096% | 1h | 93.936 | +0.273% | $73K | $1.2M | 50x | as long as short |
| Katana Perps HYPE-USD | +0.0100% | 8h | 93.900 | +0.235% | $28K | $1.7M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 93.731 | +0.054% | $8.0M | $48.4M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 93.973 | +0.313% | $2.05B | $669.2M | 10x | as long as short |
| Aster HYPEUSDT | +0.0100% | 4h | 93.904 | +0.239% | $8.7M | $36.4M | 300x | as long as short |
| Pacifica HYPEshort | +0.0100% | 1h | 93.941 | +0.279% | $10.1M | $15.3M | 20x | |
| Binance HYPEUSDT | +0.0100% | 4h | 93.949 | +0.287% | $376.7M | $914.9M | 75x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0100% | 8h | 93.946 | +0.284% | $115.8M | $313.2M | 50x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 93.358 | −0.344% | $216K | $15K | 10x | as long as short |
| Gate HYPE_USDT | +0.0100% | 4h | 93.949 | +0.287% | $47.3M | $54.5M | 75x | as long as short |
| MEXC HYPE_USDT | +0.0100% | 4h | 93.961 | +0.300% | $90.6M | $81.6M | 100x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 93.960 | +0.299% | $46.4M | $18.9M | 75x | as long as short |
| BingX HYPE-USDT | +0.0100% | 4h | 93.939 | +0.276% | — | $53.9M | — | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 93.778 | +0.105% | $7.2M | $10.7M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 93.699 | +0.020% | $28.6M | $56.2M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 93.275 | −0.432% | $7.5M | $47.3M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 93.227 | −0.484% | $342K | $997K | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 93.427 | −0.270% | $668K | $2.8M | 20x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 93.723 | +0.046% | — | $243K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 93.730 | +0.053% | $486K | $2.7M | 20x | as long as short |
| Bluefin HYPE-PERP | +0.0100% | 1h | 93.721 | +0.044% | $79K | $166K | 20x | as long as short |
| Derive HYPE-PERP | +0.0100% | 1h | 93.698 | +0.019% | $16.2M | $7.4M | 10x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 93.593 | −0.093% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 93.717 | +0.039% | $2.0M | $1.9M | 10x | as long as short |
| HTX HYPE-USDT | +0.0100% | 4h | 93.849 | +0.180% | $1.4M | $6.5M | 75x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 93.924 | +0.261% | $18.2M | $43.2M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0104% | 1h | 93.716 | +0.039% | $396K | $158K | 20x | as long as short |
| Kalshi KXHYPEPERPlong | +0.0113% | 8h | 93.680 | long leg | $1.8M | $5.6M | 2.3x | |
| Injective HYPE/USDC PERP | +0.0122% | 1h | 93.620 | −0.064% | $30K | $339K | 12x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0144% | 1h | 93.800 | +0.128% | $4.6M | $5.8M | 50x | as long as short |
| Reya HYPERUSDPERP | +0.0269% | 1h | 93.767 | +0.093% | $80K | $127K | 15x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0333% / S −0.0154% | 1h | 93.765 | +0.091% | $1.4M | — | 100x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0340% | 1h | 93.796 | +0.123% | $20.9M | $29.4M | 50x | as long as short |
| BloFin HYPE-USDT | +0.0340% | 4h | 93.730 | +0.053% | $16.8M | $12.0M | 75x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0486% | 1h | 93.802 | +0.130% | $7.5M | $4.1M | 50x | as long as short |
| RISEx HYPE/USDC | +0.0527% | 1h | 94.000 | +0.342% | $3.2M | $6.3M | 20x | as long as short |
Bitget HYPEUSDT
Bybit HYPEUSDT
Phoenix HYPE
Ondo Perps HYPE-USD.P
Phemex HYPEUSDT
edgeX HYPEUSDC
Paradex HYPE-USD-PERP
Lighter HYPE
Lighter RH HYPE
Popdex HYPEUSDT
Katana Perps HYPE-USD
Nado HYPE-PERP
Hyperliquid HYPE
Aster HYPEUSDT
Binance HYPEUSDT
OKX HYPE-USDT-SWAP
Bulk HYPE-USD
Gate HYPE_USDT
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
Bluefin HYPE-PERP
Derive HYPE-PERP
SunX HYPE-USDT
SoDEX HYPE-USD
HTX HYPE-USDT
Extended HYPE-USD
Aevo HYPE-PERP
Injective HYPE/USDC PERP
Coinbase International HYPE-PERP-INTX
Reya HYPERUSDPERP
GMX HYPE/USD [WBTC.b-USDC]
Kraken Futures PF_HYPEUSD
BloFin HYPE-USDT
Deribit HYPE_USDC-PERPETUAL
RISEx HYPE/USDC