Funding you earn now, next payment 02:00 UTC+0.0377%/8h= +41.3% APRpaid last 24h +0.038%
Price spread now: Hyperliquid against Gate+0.263%7-day average +0.196% · you sell dearer than you buy
Net, funding: paid 7d − costs−$93as in the Funding arb table
Net, price: spread back to 7d avg − costs−$95as in the Price arb table
costs, in and out, $10k−$1021.019% of the position
Funding, last 7 days+0.089%+$9 on $10k
+Price spread, last 7 days−0.123%−$12 · spread now +0.263%, 7d avg +0.196%
=Together, before fees−0.034%+ Points / potential airdropHyperliquid: Season 2 · farm board−$3 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 0.067% dearer against Gate than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.196%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.089% in total (about 4.7% 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 | Gate KAS_USDT | 0.04409 | 0.0100 | pay 0.0100% / 8h | 6h 52m | $2.2M | $1.7M | 75x |
| Short | Hyperliquid KAS | 0.04421 | 0.0477 | get 0.0060% / 1h | 52m 15s | $2.9M | $1.0M | 3x |
Gate KAS_USDT
Hyperliquid KASFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against Gate. 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: +0.263% → +0.196%
- $6.68
- Slippage, 4 orders
- −$77.91
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$15.96
- Costs to cover
- 1.019%
- Break-even
- 8.4 days
Slippage from Gate: live order book, 5 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 Gate live order book, 5 min ago | 5.68 bp | 29.4 bp −$29 | 214.1 bp −$2,141 | 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 | +0.044% | $3K | — | 150x | as long as short |
| Injective KAS/USDC PERP | +0.0033% | 1h | 0.04361 | −1.089% | $45 | $154K | 5.5x | as long as short |
| Aster KASUSDT | +0.0100% | 4h | 0.04410 | +0.032% | $260K | $169K | 20x | as long as short |
| Binance KASUSDT | +0.0100% | 4h | 0.04415 | +0.136% | $4.1M | $11.8M | 75x | as long as short |
| Bybit KASUSDT | +0.0100% | 4h | 0.04411 | +0.045% | $10.9M | $7.3M | 50x | as long as short |
| Gate KAS_USDTlong | +0.0100% | 8h | 0.04409 | long leg | $2.2M | $1.7M | 75x | |
| MEXC KAS_USDT | +0.0100% | 4h | 0.04417 | +0.181% | $28.9M | $4.5M | 200x | as long as short |
| KuCoin KASUSDTM | +0.0100% | 4h | 0.04414 | +0.102% | $4.3M | $6.9M | 50x | as long as short |
| Bitget KASUSDT | +0.0100% | 4h | 0.04410 | +0.023% | $12.1M | $2.9M | 50x | as long as short |
| BingX KAS-USDT | +0.0100% | 4h | 0.04413 | +0.091% | — | $67.9M | — | as long as short |
gTrade (Gains Network) KAS/USD
Injective KAS/USDC PERP
Aster KASUSDT
Binance KASUSDT
Bybit KASUSDT
MEXC KAS_USDT
KuCoin KASUSDTM
Bitget KASUSDT
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 | −0.446% | $26K | $21K | — | as long as short |
| GMX KAS/USD [WBTC.b-USDC] | L +0.0292% / S −0.5848% | 1h | 0.04410 | +0.025% | $12K | — | 100x | as long as short |
| BloFin KAS-USDT | +0.0340% | 4h | 0.04404 | −0.113% | $382K | $289K | 75x | as long as short |
| Hyperliquid KASshort | +0.0477% | 1h | 0.04421 | +0.263% | $2.9M | $1.0M | 3x | |
| Kraken Futures PF_KASUSD | +0.0723% | 1h | 0.04413 | +0.088% | $309K | $468K | 20x | as long as short |
Variational Omni KAS
GMX KAS/USD [WBTC.b-USDC]
BloFin KAS-USDT
Kraken Futures PF_KASUSD