Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.001%
Price spread now: Katana Perps against StandX−0.017%7-day average −0.047% · 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)−0.022%−$2 on $10k
+Price spread, last 7 days+0.026%+$3 · spread now −0.017%, 7d avg −0.047%
=Together, before fees+0.004%+ Points / potential airdropStandX: Active · farm board$0 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 0.030% dearer against StandX than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.047%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | StandX HYPE-USD | 93.066 | 0.0100 | pay 0.0013% / 1h | 34m 02s | $673K | $2.5M | 20x |
| Short | Katana Perps HYPE-USD | 93.050 | 0.0100 | get 0.0100% / 8h | 1h 34m | $40K | $1.6M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Katana Perps against StandX. 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: −0.017% → −0.047%
- $2.95
- Slippage, 4 orders
- no order book: not counted
- Fee StandX: 4 bp × 2 orders
- −$8
- Fee Katana Perps: 1.9 bp × 2 orders
- −$3.8
- Net
- −$8.89
- Costs to cover
- 0.118%
- Break-even
- never at this rate
Slippage unknown: StandX: live order book, 5 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 StandX live order book, 5 min ago | 2.79 bp | 7.5 bp −$8 | 9.4 bp −$94 | 13.7 bp −$1,366 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps HYPEUSD | −0.0377% | 1h | 93.138 | +0.078% | $22K | $22K | 10x | as long as short |
| Hibachi HYPE/USDT-P | −0.0208% | 1h | 93.124 | +0.062% | $197K | $230K | 7x | as long as short |
| Arcus HYPE-USD | −0.0131% | 1h | 93.024 | −0.045% | $1.2M | $4.0M | 10x | as long as short |
| Ondo Perps HYPE-USD.P | −0.0111% | 1h | 93.070 | +0.004% | $698K | $923K | 10x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 93.137 | +0.076% | $3K | $331 | 25x | as long as short |
| 01 Exchange HYPEUSD | −0.0024% | 1h | 93.061 | −0.005% | $90K | $362K | 20x | as long as short |
| Popdex HYPEUSDT | −0.0016% | 1h | 93.044 | −0.024% | $57K | $1.2M | 50x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 93.124 | +0.062% | $127K | $32K | 5x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 93.064 | −0.002% | $23K | $331K | 10x | as long as short |
| Aster HYPEUSDT | +0.0001% | 4h | 93.099 | +0.035% | $8.8M | $36.0M | 300x | as long as short |
Show 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 | 93.114 | +0.051% | $20K | — | 150x | as long as short |
| Bullet HYPE-USD | +0.0024% | 1h | 93.029 | −0.040% | $111K | $579K | 20x | as long as short |
| Bybit HYPEUSDT | +0.0026% | 8h | 93.085 | +0.020% | $323.3M | $287.1M | 75x | as long as short |
| Orderly PERP_HYPE_USDC | +0.0029% | 4h | 93.104 | +0.041% | $172K | $519K | 20x | as long as short |
| Derive HYPE-PERP | +0.0031% | 1h | 93.064 | −0.002% | $16.3M | $7.1M | 10x | as long as short |
| Phoenix HYPE | +0.0034% | 1h | 93.106 | +0.043% | $214K | $1.2M | 10x | as long as short |
| Gate HYPE_USDT | +0.0038% | 4h | 93.093 | +0.029% | $43.9M | $58.1M | 75x | as long as short |
| Binance HYPEUSDT | +0.0080% | 4h | 93.124 | +0.062% | $382.6M | $894.1M | 75x | as long as short |
| MEXC HYPE_USDT | +0.0082% | 4h | 93.141 | +0.081% | $90.0M | $81.8M | 100x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 93.157 | +0.098% | $18.5M | $58.8M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 93.133 | +0.072% | $3.1M | $12.1M | 20x | as long as short |
| Paradex HYPE-USD-PERP | +0.0098% | 8h | 93.107 | +0.044% | $338K | $170K | 20x | as long as short |
| Katana Perps HYPE-USDshort | +0.0100% | 8h | 93.050 | −0.017% | $40K | $1.6M | 10x | |
| Nado HYPE-PERP | +0.0100% | 1h | 93.043 | −0.025% | $5.9M | $44.0M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 93.123 | +0.061% | $2.02B | $670.6M | 10x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 93.117 | +0.055% | $10.0M | $14.3M | 20x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0100% | 8h | 93.108 | +0.045% | $113.8M | $313.8M | 50x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 93.390 | +0.348% | $204K | $10K | 10x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 93.120 | +0.058% | $47.2M | $18.9M | 75x | as long as short |
| Bitget HYPEUSDT | +0.0100% | 4h | 93.130 | +0.069% | $225.7M | $103.0M | 75x | as long as short |
| BingX HYPE-USDT | +0.0100% | 4h | 93.136 | +0.075% | — | $53.9M | — | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 93.122 | +0.060% | $7.8M | $11.2M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 93.034 | −0.034% | $29.0M | $50.5M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 93.137 | +0.076% | $7.5M | $46.0M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 93.246 | +0.193% | $412K | $1.0M | 50x | as long as short |
| StandX HYPE-USDlong | +0.0100% | 1h | 93.066 | long leg | $673K | $2.5M | 20x | |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 93.064 | −0.002% | $492K | $2.5M | 20x | as long as short |
| Bluefin HYPE-PERP | +0.0100% | 1h | 93.101 | +0.038% | $76K | $168K | 20x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 93.071 | +0.005% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 93.105 | +0.042% | $2.0M | $2.0M | 10x | as long as short |
| Phemex HYPEUSDT | +0.0100% | 8h | 93.100 | +0.037% | $12.7M | $2.6M | 50x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 93.094 | +0.030% | — | $454K | 5x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 93.120 | +0.058% | $18.2M | $42.1M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0104% | 1h | 93.111 | +0.048% | $396K | $318K | 20x | as long as short |
| Kalshi KXHYPEPERP | +0.0105% | 8h | 93.188 | +0.131% | $1.9M | $5.3M | 2.3x | as long as short |
| edgeX HYPEUSDC | +0.0110% | 4h | 93.120 | +0.058% | $5.1M | $29.6M | 30x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0176% | 1h | 93.180 | +0.122% | $4.9M | $5.7M | 50x | as long as short |
| Injective HYPE/USDC PERP | +0.0239% | 1h | 92.970 | −0.103% | $30K | $338K | 12x | as long as short |
| Reya HYPERUSDPERP | +0.0247% | 1h | 93.014 | −0.056% | $77K | $158K | 15x | as long as short |
| HTX HYPE-USDT | +0.0251% | 4h | 93.243 | +0.190% | $1.5M | $7.7M | 75x | as long as short |
| RISEx HYPE/USDC | +0.0280% | 1h | 93.103 | +0.040% | $2.8M | $6.8M | 20x | as long as short |
| BloFin HYPE-USDT | +0.0323% | 4h | 93.167 | +0.109% | $16.9M | $12.5M | 75x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0339% / S −0.0158% | 1h | 93.101 | +0.037% | $1.5M | — | 100x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0373% | 1h | 93.209 | +0.154% | $7.4M | $4.6M | 50x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0466% | 1h | 93.218 | +0.164% | $20.8M | $28.9M | 50x | as long as short |
StandX HYPE-USD
Katana Perps HYPE-USD
Aftermath Perps HYPEUSD
01 Exchange HYPEUSD
Popdex HYPEUSDT
Aster HYPEUSDT
gTrade (Gains Network) HYPE/USD
Bullet HYPE-USD
Bybit HYPEUSDT
Derive HYPE-PERP
Phoenix HYPE
Gate HYPE_USDT
Binance HYPEUSDT
MEXC HYPE_USDT
Lighter HYPE
Lighter RH HYPE
Paradex HYPE-USD-PERP
Hyperliquid HYPE
Pacifica HYPE
OKX HYPE-USDT-SWAP
Bulk HYPE-USD
KuCoin HYPEUSDTM
Bitget HYPEUSDT
BingX HYPE-USDT
Backpack HYPE_USDC_PERP
Variational Omni HYPE
GRVT HYPE_USDT_Perp
ApeX Omni HYPEUSDT
Polymarket Perps HYPE-USD
Bluefin HYPE-PERP
SunX HYPE-USDT
SoDEX HYPE-USD
Phemex HYPEUSDT
Extended HYPE-USD
Kalshi KXHYPEPERP
edgeX HYPEUSDC
Coinbase International HYPE-PERP-INTX
Injective HYPE/USDC PERP
HTX HYPE-USDT
RISEx HYPE/USDC
BloFin HYPE-USDT
GMX HYPE/USD [WBTC.b-USDC]
Deribit HYPE_USDC-PERPETUAL
Kraken Futures PF_HYPEUSD