Funding you earn now, next payment 02:00 UTC−0.0377%/8h= −41.3% APRpaid last 24h −0.038%
Price spread now: Gate against Hyperliquid−0.262%7-day average −0.196% · you buy dearer than you sell
Net, funding: paid 7d − costs−$111as in the Funding arb table
Net, price: spread back to 7d avg − costs−$109as 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 −0.262%, 7d avg −0.196%
=Together, before fees+0.033%+ Points / potential airdropHyperliquid: Season 2 · farm board+$3 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and Gate is 0.066% cheaper against Hyperliquid than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.196%). Swap the legs.
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 | Hyperliquid KAS | 0.04421 | 0.0477 | pay 0.0060% / 1h | 52m 18s | $2.9M | $1.0M | 3x |
| Short | Gate KAS_USDT | 0.04409 | 0.0100 | get 0.0100% / 8h | 6h 52m | $2.2M | $1.7M | 75x |
Hyperliquid KAS
Gate KAS_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Hyperliquid. 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: −0.262% → −0.196%
- −$6.61
- Slippage, 4 orders
- −$77.91
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$187.79
- Costs to cover
- 1.019%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 9 min ago; Gate: live order book, 5 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 Hyperliquid live order book, 9 min ago | 5.34 bp | 13.3 bp −$13 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 5 min ago | 5.68 bp | 31.2 bp −$31 | 144.5 bp −$1,445 | 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 | −0.219% | $3K | — | 150x | as long as short |
| Injective KAS/USDC PERP | +0.0033% | 1h | 0.04361 | −1.348% | $45 | $154K | 5.5x | as long as short |
| Aster KASUSDT | +0.0100% | 4h | 0.04410 | −0.231% | $260K | $169K | 20x | as long as short |
| Binance KASUSDT | +0.0100% | 4h | 0.04415 | −0.127% | $4.1M | $11.8M | 75x | as long as short |
| Bybit KASUSDT | +0.0100% | 4h | 0.04411 | −0.217% | $10.9M | $7.3M | 50x | as long as short |
| Gate KAS_USDTshort | +0.0100% | 8h | 0.04409 | −0.262% | $2.2M | $1.7M | 75x | |
| MEXC KAS_USDT | +0.0100% | 4h | 0.04417 | −0.081% | $28.9M | $4.5M | 200x | as long as short |
| KuCoin KASUSDTM | +0.0100% | 4h | 0.04414 | −0.161% | $4.3M | $6.9M | 50x | as long as short |
| Bitget KASUSDT | +0.0100% | 4h | 0.04410 | −0.240% | $12.1M | $2.9M | 50x | as long as short |
| BingX KAS-USDT | +0.0100% | 4h | 0.04413 | −0.172% | — | $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 | −0.708% | $26K | $21K | — | as long as short |
| GMX KAS/USD [WBTC.b-USDC] | L +0.0292% / S −0.5848% | 1h | 0.04410 | −0.238% | $12K | — | 100x | as long as short |
| BloFin KAS-USDT | +0.0340% | 4h | 0.04404 | −0.376% | $382K | $289K | 75x | as long as short |
| Hyperliquid KASlong | +0.0477% | 1h | 0.04421 | long leg | $2.9M | $1.0M | 3x | |
| Kraken Futures PF_KASUSD | +0.0723% | 1h | 0.04413 | −0.175% | $309K | $468K | 20x | as long as short |
Variational Omni KAS
GMX KAS/USD [WBTC.b-USDC]
BloFin KAS-USDT
Kraken Futures PF_KASUSD