Funding you earn now, next payment 02:00 UTC+0.0377%/8h= +41.3% APRpaid last 24h +0.036%
Price spread now: Hyperliquid against Bitget+0.240%7-day average +0.160% · you sell dearer than you buy
Net, funding: paid 7d − costs−$78as in the Funding arb table
Net, price: spread back to 7d avg − costs−$78as in the Price arb table
costs, in and out, $10k−$860.856% of the position
Funding, last 7 days+0.079%+$8 on $10k
+Price spread, last 7 days−0.124%−$12 · spread now +0.240%, 7d avg +0.160%
=Together, before fees−0.046%+ Points / potential airdropHyperliquid: Season 2 · farm board−$5 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and Hyperliquid is 0.080% dearer against Bitget than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.160%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.079% in total (about 4.1% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget KASUSDT | 0.04410 | 0.0100 | pay 0.0050% / 4h | 2h 52m | $12.1M | $2.9M | 50x |
| Short | Hyperliquid KAS | 0.04421 | 0.0477 | get 0.0060% / 1h | 52m 22s | $2.9M | $1.0M | 3x |
Bitget KASUSDT
Hyperliquid KASFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against Bitget. 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
- $79.27
- Price spread: +0.240% → +0.160%
- $8.04
- Slippage, 4 orders
- −$64.63
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $1.68
- Costs to cover
- 0.856%
- Break-even
- 6.9 days
Slippage from Bitget: live order book, 1 min ago; Hyperliquid: live order book, 9 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 Bitget live order book, 1 min ago | 3.41 bp | 21.5 bp −$21 | 67.2 bp −$672 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 9 min ago | 5.34 bp | 28.1 bp −$28 | doesn't fit | doesn't fit | doesn't fit |
KAS on 15 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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) KAS/USD | L +0.0010% / S 0.0000% | 1h | 0.04411 | +0.021% | $3K | — | 150x | as long as short |
| Injective KAS/USDC PERP | +0.0033% | 1h | 0.04361 | −1.111% | $45 | $154K | 5.5x | as long as short |
| Aster KASUSDT | +0.0100% | 4h | 0.04410 | +0.009% | $260K | $169K | 20x | as long as short |
| Binance KASUSDT | +0.0100% | 4h | 0.04415 | +0.113% | $4.1M | $11.8M | 75x | as long as short |
| Bybit KASUSDT | +0.0100% | 4h | 0.04411 | +0.023% | $10.9M | $7.3M | 50x | as long as short |
| Gate KAS_USDT | +0.0100% | 8h | 0.04409 | −0.023% | $2.2M | $1.7M | 75x | as long as short |
| MEXC KAS_USDT | +0.0100% | 4h | 0.04417 | +0.159% | $28.9M | $4.5M | 200x | as long as short |
| KuCoin KASUSDTM | +0.0100% | 4h | 0.04414 | +0.079% | $4.3M | $6.9M | 50x | as long as short |
| Bitget KASUSDTlong | +0.0100% | 4h | 0.04410 | long leg | $12.1M | $2.9M | 50x | |
| BingX KAS-USDT | +0.0100% | 4h | 0.04413 | +0.068% | — | $67.9M | — | as long as short |
gTrade (Gains Network) KAS/USD
Injective KAS/USDC PERP
Aster KASUSDT
Binance KASUSDT
Bybit KASUSDT
Gate KAS_USDT
MEXC KAS_USDT
KuCoin KASUSDTM
BingX KAS-USDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni KAS | +0.0100% | 4h | 0.04389 | −0.469% | $26K | $21K | — | as long as short |
| GMX KAS/USD [WBTC.b-USDC] | L +0.0292% / S −0.5848% | 1h | 0.04410 | +0.002% | $12K | — | 100x | as long as short |
| BloFin KAS-USDT | +0.0340% | 4h | 0.04404 | −0.136% | $382K | $289K | 75x | as long as short |
| Hyperliquid KASshort | +0.0477% | 1h | 0.04421 | +0.240% | $2.9M | $1.0M | 3x | |
| Kraken Futures PF_KASUSD | +0.0723% | 1h | 0.04413 | +0.065% | $309K | $468K | 20x | as long as short |
Variational Omni KAS
GMX KAS/USD [WBTC.b-USDC]
BloFin KAS-USDT
Kraken Futures PF_KASUSD