Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.002%
Price spread now: StandX against Katana Perps−0.072%52s7-day average +0.048% · 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)+0.016%+$2 on $10k
+Price spread, last 7 days+0.111%+$11 · spread now −0.072%, 7d avg +0.048%
=Together, before fees+0.127%+ Points / potential airdropStandX: Active · farm board+$13 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: StandX is 0.119% cheaper against Katana Perps than usual: you would sell low and buy high, −$12 on $10k if it goes back to its 7-day average of +0.048%. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Katana Perps HYPE-USD | 93.470 | 0.0100 | pay 0.0100% / 8h | 5h 32m | $17K | $1.6M | 10x |
| Short | StandX HYPE-USD | 93.403 | 0.0100 | get 0.0013% / 1h | 32m 40s | $667K | $2.6M | 20x |
Katana Perps HYPE-USD
StandX HYPE-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
StandX against Katana Perps. 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: −0.072% → +0.048%
- −$11.95
- Slippage, 4 orders
- no order book: not counted
- Fee Katana Perps: 1.9 bp × 2 orders
- −$3.8
- Fee StandX: 4 bp × 2 orders
- −$8
- Net
- −$23.71
- Costs to cover
- 0.118%
- Break-even
- 3769.8 days
Slippage unknown: Katana Perps: no order-book sample; StandX: live order book, 1 min ago. 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 Katana Perps no order-book sample | — | — | — | — | — |
| Sell StandX live order book, 1 min ago | 1.34 bp | 5.3 bp −$5 | 5.6 bp −$56 | 14.0 bp −$1,399 | doesn't fit |
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 | −0.1288% | 1h | 93.317 | −0.163% | $196K | $226K | 7x | as long as short |
| Arcus HYPE-USD | −0.0899% | 1h | 93.353 | −0.125% | $1.2M | $3.8M | 10x | as long as short |
| Ondo Perps HYPE-USD.P | −0.0104% | 1h | 93.320 | −0.160% | $699K | $996K | 10x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 93.479 | +0.010% | $3K | $331 | 25x | as long as short |
| Phemex HYPEUSDT | −0.0073% | 8h | 93.467 | −0.003% | $12.6M | $2.7M | 50x | as long as short |
| Aftermath Perps HYPEUSD | −0.0058% | 1h | 93.411 | −0.063% | $22K | $21K | 10x | as long as short |
| 01 Exchange HYPEUSD | −0.0056% | 1h | 93.484 | +0.015% | $85K | $344K | 20x | as long as short |
| Orderly PERP_HYPE_USDC | −0.0043% | 4h | 93.498 | +0.030% | $154K | $647K | 20x | as long as short |
| Bullet HYPE-USD | −0.0005% | 1h | 93.477 | +0.007% | $111K | $578K | 20x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 93.478 | +0.008% | $128K | $31K | 5x | as long as short |
Hibachi HYPE/USDT-P
Arcus HYPE-USD
Ondo Perps HYPE-USD.P
Hotstuff HYPE-PERP
Phemex HYPEUSDT
Aftermath Perps HYPEUSD
01 Exchange HYPEUSD
Orderly PERP_HYPE_USDC
Bullet HYPE-USD
dYdX HYPE-USDShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Perpl HYPE | 0.0000% | 43m | 93.470 | 0.000% | $23K | $322K | 10x | as long as short |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0002% | 1h | 93.505 | +0.037% | $62K | — | 150x | as long as short |
| Aster HYPEUSDT | +0.0025% | 4h | 93.458 | −0.013% | $8.8M | $35.5M | 300x | as long as short |
| Phoenix HYPE | +0.0026% | 1h | 93.393 | −0.082% | $213K | $1.2M | 10x | as long as short |
| BingX HYPE-USDT | +0.0026% | 4h | 93.446 | −0.026% | — | $53.0M | — | as long as short |
| Bybit HYPEUSDT | +0.0032% | 8h | 93.432 | −0.041% | $321.4M | $277.3M | 75x | as long as short |
| Gate HYPE_USDT | +0.0050% | 4h | 93.440 | −0.032% | $44.6M | $54.9M | 75x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0077% | 8h | 93.443 | −0.029% | $114.2M | $302.0M | 50x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 93.469 | −0.001% | $16.3M | $61.7M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 93.455 | −0.016% | $3.1M | $11.6M | 20x | as long as short |
| Popdex HYPEUSDT | +0.0096% | 1h | 93.470 | 0.000% | $69K | $1.2M | 50x | as long as short |
| Paradex HYPE-USD-PERP | +0.0097% | 8h | 93.492 | +0.024% | $340K | $162K | 20x | as long as short |
| MEXC HYPE_USDT | +0.0098% | 4h | 93.442 | −0.030% | $89.8M | $80.8M | 100x | as long as short |
| edgeX HYPEUSDC | +0.0100% | 4h | 93.360 | −0.117% | $5.1M | $29.7M | 30x | as long as short |
| Katana Perps HYPE-USDlong | +0.0100% | 8h | 93.470 | long leg | $17K | $1.6M | 10x | |
| Nado HYPE-PERP | +0.0100% | 1h | 93.485 | +0.016% | $5.8M | $43.2M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 93.518 | +0.051% | $2.04B | $654.0M | 10x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 93.481 | +0.012% | $10.1M | $14.6M | 20x | as long as short |
| Binance HYPEUSDT | +0.0100% | 4h | 93.442 | −0.030% | $378.9M | $876.1M | 75x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 93.364 | −0.113% | $203K | $10K | 10x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 93.470 | 0.000% | $46.0M | $18.1M | 75x | as long as short |
| Bitget HYPEUSDT | +0.0100% | 4h | 93.455 | −0.016% | $226.0M | $96.6M | 75x | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 93.444 | −0.028% | $7.4M | $10.3M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 93.367 | −0.110% | $31.1M | $53.9M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 93.422 | −0.051% | $7.5M | $45.5M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 93.349 | −0.129% | $339K | $1.0M | 50x | as long as short |
| StandX HYPE-USDshort | +0.0100% | 1h | 93.403 | −0.072% | $667K | $2.6M | 20x | |
| Vest HYPE-PERP | +0.0100% | 1h | 93.521 | +0.055% | — | $243K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 93.525 | +0.059% | $472K | $2.5M | 20x | as long as short |
| Bluefin HYPE-PERP | +0.0100% | 1h | 93.467 | −0.003% | $79K | $170K | 20x | as long as short |
| Derive HYPE-PERP | +0.0100% | 1h | 93.466 | −0.004% | $16.2M | $7.5M | 10x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 93.540 | +0.075% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 93.500 | +0.032% | $2.0M | $1.9M | 10x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 93.438 | −0.034% | $18.4M | $43.6M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0104% | 1h | 93.486 | +0.017% | $398K | $162K | 20x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0176% | 1h | 93.580 | +0.118% | $4.8M | $5.6M | 50x | as long as short |
| HTX HYPE-USDT | +0.0190% | 4h | 93.650 | +0.193% | $1.4M | $6.0M | 75x | as long as short |
| Reya HYPERUSDPERP | +0.0258% | 1h | 93.484 | +0.015% | $79K | $140K | 15x | as long as short |
| Kalshi KXHYPEPERP | +0.0278% | 8h | 93.511 | +0.044% | $1.9M | $5.0M | 2.3x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0331% / S −0.0156% | 1h | 93.508 | +0.040% | $1.4M | — | 100x | as long as short |
| BloFin HYPE-USDT | +0.0340% | 4h | 93.487 | +0.018% | $17.0M | $11.6M | 75x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0359% | 1h | 93.583 | +0.121% | $7.5M | $4.4M | 50x | as long as short |
| RISEx HYPE/USDC | +0.0510% | 1h | 93.559 | +0.096% | $3.2M | $6.3M | 20x | as long as short |
| Injective HYPE/USDC PERP | +0.0519% | 1h | 93.370 | −0.107% | $30K | $339K | 12x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0684% | 1h | 93.553 | +0.089% | $20.8M | $29.7M | 50x | as long as short |
Perpl HYPE
gTrade (Gains Network) HYPE/USD
Aster HYPEUSDT
Phoenix HYPE
BingX HYPE-USDT
Bybit HYPEUSDT
Gate HYPE_USDT
OKX HYPE-USDT-SWAP
Lighter HYPE
Lighter RH HYPE
Popdex HYPEUSDT
Paradex HYPE-USD-PERP
MEXC HYPE_USDT
edgeX HYPEUSDC
Nado HYPE-PERP
Hyperliquid HYPE
Pacifica HYPE
Binance HYPEUSDT
Bulk HYPE-USD
KuCoin HYPEUSDTM
Bitget HYPEUSDT
Backpack HYPE_USDC_PERP
Variational Omni HYPE
GRVT HYPE_USDT_Perp
ApeX Omni HYPEUSDT
Vest HYPE-PERP
Polymarket Perps HYPE-USD
Bluefin HYPE-PERP
Derive HYPE-PERP
SunX HYPE-USDT
SoDEX HYPE-USD
Extended HYPE-USD
Aevo HYPE-PERP
Coinbase International HYPE-PERP-INTX
HTX HYPE-USDT
Reya HYPERUSDPERP
Kalshi KXHYPEPERP
GMX HYPE/USD [WBTC.b-USDC]
BloFin HYPE-USDT
Deribit HYPE_USDC-PERPETUAL
RISEx HYPE/USDC
Injective HYPE/USDC PERP
Kraken Futures PF_HYPEUSD