Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.014%
Price spread now: Bitget against Katana Perps+0.002%7-day average +0.037% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.025%−$2 on $10k
+Price spread, last 7 days+0.056%+$6 · spread now +0.002%, 7d avg +0.037%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.035% cheaper against Katana Perps than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.037%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Katana Perps HYPE-USD | 92.990 | 0.0100 | pay 0.0100% / 8h | 5h 55m | $38K | $1.6M | 10x |
| Short | Bitget HYPEUSDT | 92.992 | 0.0100 | get 0.0050% / 4h | 1h 55m | $225.0M | $96.8M | 75x |
Katana Perps HYPE-USD
Bitget HYPEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Katana Perps. 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: +0.002% → +0.037%
- −$3.48
- Slippage, 4 orders
- no order book: not counted
- Fee Katana Perps: 1.9 bp × 2 orders
- −$3.8
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$19.24
- Costs to cover
- 0.158%
- Break-even
- 3060.3 days
Slippage unknown: Katana Perps: no order-book sample; Bitget: live order book, 4 min ago. 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 Katana Perps no order-book sample | — | — | — | — | — |
| Sell Bitget live order book, 4 min ago | 0.05 bp | 8.9 bp −$9 | 11.9 bp −$119 | 15.2 bp −$1,517 | doesn't fit |
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 54 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 | −0.1144% | 1h | 93.108 | +0.127% | $196K | $226K | 7x | as long as short |
| Arcus HYPE-USD | −0.0899% | 1h | 92.891 | −0.106% | $1.2M | $3.8M | 10x | as long as short |
| Bluefin HYPE-PERP | −0.0329% | 1h | 92.965 | −0.027% | $79K | $170K | 20x | as long as short |
| ApeX Omni HYPEUSDT | −0.0172% | 1h | 93.008 | +0.019% | $336K | $1.0M | 50x | as long as short |
| 01 Exchange HYPEUSD | −0.0088% | 1h | 93.000 | +0.011% | $84K | $346K | 20x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 93.041 | +0.055% | $3K | $331 | 25x | as long as short |
| Orderly PERP_HYPE_USDC | −0.0051% | 4h | 92.984 | −0.006% | $155K | $639K | 20x | as long as short |
| Bullet HYPE-USD | −0.0045% | 1h | 93.012 | +0.024% | $111K | $578K | 20x | as long as short |
| Aster HYPEUSDT | −0.0004% | 4h | 93.025 | +0.037% | $8.8M | $35.4M | 300x | as long as short |
| Phemex HYPEUSDT | −0.0002% | 8h | 93.040 | +0.054% | $12.6M | $2.7M | 50x | as long as short |
Hibachi HYPE/USDT-P
Arcus HYPE-USD
Bluefin HYPE-PERP
ApeX Omni HYPEUSDT
01 Exchange HYPEUSD
Hotstuff HYPE-PERP
Orderly PERP_HYPE_USDC
Bullet HYPE-USD
Aster HYPEUSDT
Phemex HYPEUSDTShow all 54 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX HYPE-USD | 0.0000% | 1h | 93.063 | +0.079% | $128K | $31K | 5x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 93.011 | +0.022% | $22K | $321K | 10x | as long as short |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0003% | 1h | 93.020 | +0.033% | $25K | — | 150x | as long as short |
| BingX HYPE-USDT | +0.0008% | 4h | 92.999 | +0.010% | — | $53.2M | — | as long as short |
| Aftermath Perps HYPEUSD | +0.0017% | 1h | 93.219 | +0.246% | $22K | $21K | 10x | as long as short |
| Bybit HYPEUSDT | +0.0017% | 8h | 93.023 | +0.035% | $320.3M | $275.8M | 75x | as long as short |
| Gate HYPE_USDT | +0.0030% | 4h | 93.008 | +0.019% | $44.3M | $54.2M | 75x | as long as short |
| Ondo Perps HYPE-USD.P | +0.0034% | 1h | 93.000 | +0.011% | $696K | $906K | 10x | as long as short |
| Phoenix HYPE | +0.0060% | 1h | 93.056 | +0.071% | $210K | $1.2M | 10x | as long as short |
| MEXC HYPE_USDT | +0.0076% | 4h | 93.036 | +0.049% | $87.6M | $79.8M | 100x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0076% | 8h | 93.056 | +0.071% | $114.2M | $300.1M | 50x | as long as short |
| Binance HYPEUSDT | +0.0077% | 4h | 93.042 | +0.056% | $378.3M | $872.8M | 75x | as long as short |
| edgeX HYPEUSDC | +0.0091% | 4h | 92.963 | −0.029% | $5.0M | $29.7M | 30x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 93.064 | +0.079% | $16.3M | $61.3M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 93.030 | +0.043% | $3.1M | $11.5M | 20x | as long as short |
| Popdex HYPEUSDT | +0.0096% | 1h | 92.986 | −0.004% | $67K | $1.2M | 50x | as long as short |
| Paradex HYPE-USD-PERP | +0.0097% | 8h | 93.041 | +0.055% | $338K | $162K | 20x | as long as short |
| Katana Perps HYPE-USDlong | +0.0100% | 8h | 92.990 | long leg | $38K | $1.6M | 10x | |
| Nado HYPE-PERP | +0.0100% | 1h | 93.022 | +0.034% | $5.7M | $43.4M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 93.090 | +0.107% | $2.03B | $659.2M | 10x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 93.035 | +0.048% | $10.0M | $14.6M | 20x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 93.013 | +0.025% | $45.9M | $18.0M | 75x | as long as short |
| Bitget HYPEUSDTshort | +0.0100% | 4h | 92.992 | +0.002% | $225.0M | $96.8M | 75x | |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 93.096 | +0.114% | $7.3M | $10.4M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 93.170 | +0.193% | $31.0M | $54.3M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 92.978 | −0.013% | $7.5M | $46.3M | 10x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 93.240 | +0.269% | $665K | $2.6M | 20x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 93.069 | +0.085% | — | $243K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 93.011 | +0.023% | $473K | $2.4M | 20x | as long as short |
| Derive HYPE-PERP | +0.0100% | 1h | 92.962 | −0.030% | $16.1M | $7.6M | 10x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 93.110 | +0.129% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 93.000 | +0.011% | $2.0M | $1.9M | 10x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 92.998 | +0.008% | $202K | $10K | 10x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 92.978 | −0.013% | $18.3M | $43.5M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0104% | 1h | 92.996 | +0.007% | $396K | $170K | 20x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0176% | 1h | 93.070 | +0.086% | $4.9M | $5.4M | 50x | as long as short |
| HTX HYPE-USDT | +0.0211% | 4h | 93.167 | +0.190% | $1.4M | $5.9M | 75x | as long as short |
| Reya HYPERUSDPERP | +0.0256% | 1h | 92.984 | −0.007% | $79K | $140K | 15x | as long as short |
| Kalshi KXHYPEPERP | +0.0273% | 8h | 93.088 | +0.105% | $1.9M | $4.8M | 2.3x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0287% | 1h | 93.079 | +0.096% | $7.4M | $4.4M | 50x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0331% / S −0.0156% | 1h | 93.028 | +0.041% | $1.4M | — | 100x | as long as short |
| RISEx HYPE/USDC | +0.0510% | 1h | 93.090 | +0.107% | $3.2M | $6.7M | 20x | as long as short |
| Injective HYPE/USDC PERP | +0.0519% | 1h | 92.930 | −0.065% | $30K | $338K | 12x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0687% | 1h | 93.071 | +0.087% | $20.7M | $30.0M | 50x | as long as short |
dYdX HYPE-USD
Perpl HYPE
gTrade (Gains Network) HYPE/USD
BingX HYPE-USDT
Aftermath Perps HYPEUSD
Bybit HYPEUSDT
Gate HYPE_USDT
Ondo Perps HYPE-USD.P
Phoenix HYPE
MEXC HYPE_USDT
OKX HYPE-USDT-SWAP
Binance HYPEUSDT
edgeX HYPEUSDC
Lighter HYPE
Lighter RH HYPE
Popdex HYPEUSDT
Paradex HYPE-USD-PERP
Nado HYPE-PERP
Hyperliquid HYPE
Pacifica HYPE
KuCoin HYPEUSDTM
Backpack HYPE_USDC_PERP
Variational Omni HYPE
GRVT HYPE_USDT_Perp
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
Coinbase International HYPE-PERP-INTX
HTX HYPE-USDT
Reya HYPERUSDPERP
Kalshi KXHYPEPERP
Deribit HYPE_USDC-PERPETUAL
GMX HYPE/USD [WBTC.b-USDC]
RISEx HYPE/USDC
Injective HYPE/USDC PERP
Kraken Futures PF_HYPEUSD