Funding you earn now, next payment 04:00 UTC−0.0076%/8h= −8.4% APRpaid last 24h +0.070%
Price spread now: HTX against Kalshi+0.031%7-day average +0.017% · you sell dearer than you buy
Net, funding: paid 7d − costs−$13as in the Funding arb table
Net, price: spread back to 7d avg − costs−$35as in the Price arb table
costs, in and out, $10k−$370.368% of the position
Funding, last 7 days+0.238%+$24 on $10k
+Price spread, last 4 days (all we have)−0.353%−$35 · spread now +0.031%, 7d avg +0.017%
=The price spread sits at its 7-day average of +0.017%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.238%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kalshi KXHYPEPERP | 93.351 | 0.0279 | pay 0.0279% / 8h | 1h 46m | $1.9M | $5.0M | 2.3x |
| Short | HTX HYPE-USDT | 93.380 | 0.0203 | get 0.0101% / 4h | 1h 46m | $1.4M | $6.0M | 75x |
Kalshi KXHYPEPERP
HTX HYPE-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against Kalshi. 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
- −$16.05
- Price spread: +0.031% → +0.017%
- $1.38
- Slippage, 4 orders
- −$14.83
- Fee Kalshi: 5 bp × 2 orders
- −$10
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$51.5
- Costs to cover
- 0.368%
- Break-even
- never at this rate
Slippage from Kalshi: live order book, 2 min ago; HTX: live order book, 3 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 Kalshi live order book, 2 min ago | 2.46 bp | 7.6 bp −$8 | 10.4 bp −$104 | 15.3 bp −$1,528 | doesn't fit |
| Sell HTX live order book, 3 min ago | 0.05 bp | 10.9 bp −$11 | 17.0 bp −$170 | 62.0 bp −$6,199 | doesn't fit |
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 | −0.1208% | 1h | 93.237 | −0.123% | $196K | $226K | 7x | as long as short |
| Arcus HYPE-USD | −0.0899% | 1h | 93.226 | −0.134% | $1.2M | $3.8M | 10x | as long as short |
| Bluefin HYPE-PERP | −0.0177% | 1h | 93.373 | +0.024% | $79K | $170K | 20x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 93.299 | −0.056% | $3K | $331 | 25x | as long as short |
| Phemex HYPEUSDT | −0.0065% | 8h | 93.261 | −0.096% | $12.6M | $2.7M | 50x | as long as short |
| Orderly PERP_HYPE_USDC | −0.0047% | 4h | 93.374 | +0.025% | $156K | $630K | 20x | as long as short |
| 01 Exchange HYPEUSD | −0.0040% | 1h | 93.387 | +0.039% | $85K | $346K | 20x | as long as short |
| Aftermath Perps HYPEUSD | −0.0030% | 1h | 93.294 | −0.061% | $22K | $21K | 10x | as long as short |
| Ondo Perps HYPE-USD.P | −0.0001% | 1h | 93.280 | −0.076% | $698K | $970K | 10x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 93.346 | −0.005% | $128K | $31K | 5x | as long as short |
Hibachi HYPE/USDT-P
Arcus HYPE-USD
Bluefin HYPE-PERP
Hotstuff HYPE-PERP
Phemex HYPEUSDT
Orderly PERP_HYPE_USDC
01 Exchange HYPEUSD
Aftermath Perps HYPEUSD
Ondo Perps HYPE-USD.P
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 | 93.345 | −0.007% | $23K | $322K | 10x | as long as short |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0002% | 1h | 93.393 | +0.045% | $62K | — | 150x | as long as short |
| BingX HYPE-USDT | +0.0008% | 4h | 93.365 | +0.015% | — | $53.0M | — | as long as short |
| Aster HYPEUSDT | +0.0008% | 4h | 93.330 | −0.022% | $8.8M | $35.6M | 300x | as long as short |
| Phoenix HYPE | +0.0026% | 1h | 93.418 | +0.072% | $213K | $1.2M | 10x | as long as short |
| Bybit HYPEUSDT | +0.0028% | 8h | 93.370 | +0.020% | $322.5M | $276.3M | 75x | as long as short |
| Bullet HYPE-USD | +0.0053% | 1h | 93.377 | +0.028% | $111K | $577K | 20x | as long as short |
| Gate HYPE_USDT | +0.0056% | 4h | 93.385 | +0.036% | $44.6M | $54.5M | 75x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0078% | 8h | 93.395 | +0.047% | $114.4M | $301.8M | 50x | as long as short |
| MEXC HYPE_USDT | +0.0088% | 4h | 93.388 | +0.040% | $87.7M | $80.1M | 100x | as long as short |
| Binance HYPEUSDT | +0.0090% | 4h | 93.387 | +0.039% | $379.2M | $876.4M | 75x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 93.342 | −0.010% | $16.3M | $61.4M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 93.358 | +0.007% | $3.1M | $11.5M | 20x | as long as short |
| Popdex HYPEUSDT | +0.0096% | 1h | 93.368 | +0.018% | $68K | $1.2M | 50x | as long as short |
| Paradex HYPE-USD-PERP | +0.0097% | 8h | 93.378 | +0.029% | $339K | $162K | 20x | as long as short |
| Katana Perps HYPE-USD | +0.0100% | 8h | 93.340 | −0.012% | $19K | $1.6M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 93.311 | −0.043% | $5.8M | $43.4M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 93.433 | +0.088% | $2.04B | $653.7M | 10x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 93.350 | −0.001% | $10.0M | $14.6M | 20x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 93.392 | +0.044% | $45.9M | $18.1M | 75x | as long as short |
| Bitget HYPEUSDT | +0.0100% | 4h | 93.366 | +0.016% | $225.8M | $96.8M | 75x | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 93.261 | −0.096% | $7.4M | $10.4M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 93.277 | −0.079% | $31.1M | $54.1M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 93.362 | +0.012% | $7.5M | $46.2M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 93.280 | −0.076% | $339K | $1.0M | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 93.252 | −0.106% | $665K | $2.6M | 20x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 93.403 | +0.056% | — | $243K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 93.396 | +0.048% | $475K | $2.5M | 20x | as long as short |
| Derive HYPE-PERP | +0.0100% | 1h | 93.218 | −0.143% | $16.2M | $7.6M | 10x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 93.347 | −0.004% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 93.324 | −0.029% | $2.0M | $1.9M | 10x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 92.998 | −0.379% | $202K | $10K | 10x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 93.296 | −0.059% | $18.2M | $43.6M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0104% | 1h | 93.385 | +0.037% | $397K | $170K | 20x | as long as short |
| edgeX HYPEUSDC | +0.0104% | 4h | 93.274 | −0.082% | $5.0M | $29.9M | 30x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0176% | 1h | 93.350 | −0.001% | $4.9M | $5.4M | 50x | as long as short |
| HTX HYPE-USDTshort | +0.0203% | 4h | 93.380 | +0.031% | $1.4M | $6.0M | 75x | |
| Reya HYPERUSDPERP | +0.0257% | 1h | 93.366 | +0.016% | $79K | $140K | 15x | as long as short |
| Kalshi KXHYPEPERPlong | +0.0279% | 8h | 93.351 | long leg | $1.9M | $5.0M | 2.3x | |
| BloFin HYPE-USDT | +0.0329% | 4h | 93.267 | −0.090% | — | $11.6M | 75x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0332% / S −0.0156% | 1h | 93.398 | +0.051% | $1.4M | — | 100x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0436% | 1h | 93.379 | +0.030% | $7.4M | $4.4M | 50x | as long as short |
| RISEx HYPE/USDC | +0.0510% | 1h | 93.437 | +0.092% | $3.2M | $6.5M | 20x | as long as short |
| Injective HYPE/USDC PERP | +0.0519% | 1h | 93.150 | −0.215% | $30K | $339K | 12x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0685% | 1h | 93.358 | +0.007% | $20.8M | $30.1M | 50x | as long as short |
Perpl HYPE
gTrade (Gains Network) HYPE/USD
BingX HYPE-USDT
Aster HYPEUSDT
Phoenix HYPE
Bybit HYPEUSDT
Bullet HYPE-USD
Gate HYPE_USDT
OKX HYPE-USDT-SWAP
MEXC HYPE_USDT
Binance HYPEUSDT
Lighter HYPE
Lighter RH HYPE
Popdex HYPEUSDT
Paradex HYPE-USD-PERP
Katana Perps HYPE-USD
Nado HYPE-PERP
Hyperliquid HYPE
Pacifica HYPE
KuCoin HYPEUSDTM
Bitget HYPEUSDT
Backpack HYPE_USDC_PERP
Variational Omni HYPE
GRVT HYPE_USDT_Perp
ApeX Omni HYPEUSDT
StandX HYPE-USD
Vest HYPE-PERP
Polymarket Perps HYPE-USD
Derive HYPE-PERP
SunX HYPE-USDT
SoDEX HYPE-USD
Bulk HYPE-USD
Extended HYPE-USD
Aevo HYPE-PERP
edgeX HYPEUSDC
Coinbase International HYPE-PERP-INTX
Reya HYPERUSDPERP
BloFin HYPE-USDT
GMX HYPE/USD [WBTC.b-USDC]
Deribit HYPE_USDC-PERPETUAL
RISEx HYPE/USDC
Injective HYPE/USDC PERP
Kraken Futures PF_HYPEUSD