Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: SoDEX against Katana Perps+0.061%7-day average +0.018% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.011%+$1 on $10k
+Price spread, last 3 days (all we have)−0.092%−$9 · spread now +0.061%, 7d avg +0.018%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SoDEX is 0.043% dearer against Katana Perps than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.018%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Katana Perps HYPE-USD | 93.280 | 0.0100 | pay 0.0100% / 8h | 5h 51m | $38K | $1.6M | 10x |
| Short | SoDEX HYPE-USD | 93.337 | 0.0100 | get 0.0013% / 1h | 51m 12s | $2.0M | $1.9M | 10x |
Katana Perps HYPE-USD
SoDEX HYPE-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX 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: +0.061% → +0.018%
- $4.33
- Slippage, 4 orders
- no order book: not counted
- Fee Katana Perps: 1.9 bp × 2 orders
- −$3.8
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$7.42
- Costs to cover
- 0.118%
- Break-even
- 1185.4 days
Slippage unknown: Katana Perps: no order-book sample; SoDEX: live order book, 3 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 SoDEX live order book, 3 min ago | 0.05 bp | 6.7 bp −$7 | 12.6 bp −$126 | 102.0 bp −$10.2K | 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 | −0.1152% | 1h | 93.125 | −0.166% | $196K | $226K | 7x | as long as short |
| Arcus HYPE-USD | −0.0899% | 1h | 93.208 | −0.077% | $1.2M | $3.8M | 10x | as long as short |
| Bluefin HYPE-PERP | −0.0217% | 1h | 93.309 | +0.031% | $79K | $170K | 20x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 93.306 | +0.028% | $3K | $331 | 25x | as long as short |
| Ondo Perps HYPE-USD.P | −0.0064% | 1h | 93.280 | 0.000% | $699K | $910K | 10x | as long as short |
| Orderly PERP_HYPE_USDC | −0.0049% | 4h | 93.324 | +0.047% | $156K | $640K | 20x | as long as short |
| Phemex HYPEUSDT | −0.0047% | 8h | 93.321 | +0.044% | $12.6M | $2.7M | 50x | as long as short |
| 01 Exchange HYPEUSD | −0.0040% | 1h | 93.378 | +0.105% | $85K | $346K | 20x | as long as short |
| Aftermath Perps HYPEUSD | −0.0016% | 1h | 93.237 | −0.047% | $22K | $21K | 10x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 93.306 | +0.027% | $128K | $31K | 5x | as long as short |
Hibachi HYPE/USDT-P
Arcus HYPE-USD
Bluefin HYPE-PERP
Hotstuff HYPE-PERP
Ondo Perps HYPE-USD.P
Orderly PERP_HYPE_USDC
Phemex HYPEUSDT
01 Exchange HYPEUSD
Aftermath Perps HYPEUSD
dYdX HYPE-USDShow all 54 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Perpl HYPE | 0.0000% | 43m | 93.366 | +0.092% | $22K | $321K | 10x | as long as short |
| Aster HYPEUSDT | +0.0001% | 4h | 93.347 | +0.072% | $8.8M | $35.3M | 300x | as long as short |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0003% | 1h | 93.329 | +0.052% | $26K | — | 150x | as long as short |
| Bybit HYPEUSDT | +0.0011% | 8h | 93.291 | +0.012% | $321.2M | $274.7M | 75x | as long as short |
| BingX HYPE-USDT | +0.0013% | 4h | 93.297 | +0.018% | — | $53.1M | — | as long as short |
| Phoenix HYPE | +0.0026% | 1h | 93.353 | +0.078% | $210K | $1.2M | 10x | as long as short |
| Gate HYPE_USDT | +0.0030% | 4h | 93.323 | +0.046% | $44.5M | $54.3M | 75x | as long as short |
| Bullet HYPE-USD | +0.0072% | 1h | 93.324 | +0.047% | $111K | $577K | 20x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0079% | 8h | 93.286 | +0.006% | $114.5M | $300.7M | 50x | as long as short |
| MEXC HYPE_USDT | +0.0080% | 4h | 93.314 | +0.036% | $87.7M | $79.9M | 100x | as long as short |
| Binance HYPEUSDT | +0.0085% | 4h | 93.328 | +0.052% | $379.1M | $871.7M | 75x | as long as short |
| edgeX HYPEUSDC | +0.0087% | 4h | 93.144 | −0.145% | $5.0M | $29.8M | 30x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 93.344 | +0.069% | $16.3M | $61.4M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 93.326 | +0.049% | $3.1M | $11.5M | 20x | as long as short |
| Popdex HYPEUSDT | +0.0096% | 1h | 93.355 | +0.080% | $68K | $1.2M | 50x | as long as short |
| Derive HYPE-PERP | +0.0097% | 1h | 93.294 | +0.015% | $16.2M | $7.6M | 10x | as long as short |
| Paradex HYPE-USD-PERP | +0.0097% | 8h | 93.363 | +0.089% | $339K | $162K | 20x | as long as short |
| Katana Perps HYPE-USDlong | +0.0100% | 8h | 93.280 | long leg | $38K | $1.6M | 10x | |
| Nado HYPE-PERP | +0.0100% | 1h | 93.334 | +0.058% | $5.7M | $43.3M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 93.398 | +0.127% | $2.04B | $653.1M | 10x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 93.343 | +0.068% | $10.0M | $14.6M | 20x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 93.306 | +0.028% | $46.1M | $17.9M | 75x | as long as short |
| Bitget HYPEUSDT | +0.0100% | 4h | 93.294 | +0.015% | $225.7M | $96.6M | 75x | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 93.270 | −0.011% | $7.4M | $10.3M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 93.170 | −0.118% | $31.0M | $54.3M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 93.248 | −0.034% | $7.5M | $46.2M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 93.155 | −0.134% | $346K | $1.0M | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 93.195 | −0.091% | $665K | $2.6M | 20x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 93.386 | +0.114% | — | $243K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 93.358 | +0.084% | $474K | $2.4M | 20x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 93.417 | +0.147% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USDshort | +0.0100% | 1h | 93.337 | +0.061% | $2.0M | $1.9M | 10x | |
| Bulk HYPE-USD | +0.0100% | 1h | 92.998 | −0.303% | $202K | $10K | 10x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 93.294 | +0.015% | $18.2M | $43.5M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0104% | 1h | 93.328 | +0.052% | $397K | $170K | 20x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0176% | 1h | 93.400 | +0.129% | $4.9M | $5.4M | 50x | as long as short |
| HTX HYPE-USDT | +0.0214% | 4h | 93.489 | +0.224% | $1.4M | $5.9M | 75x | as long as short |
| Reya HYPERUSDPERP | +0.0257% | 1h | 93.310 | +0.032% | $79K | $140K | 15x | as long as short |
| Kalshi KXHYPEPERP | +0.0277% | 8h | 93.341 | +0.065% | $1.9M | $4.8M | 2.3x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0331% / S −0.0156% | 1h | 93.341 | +0.065% | $1.4M | — | 100x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0393% | 1h | 93.408 | +0.137% | $7.4M | $4.4M | 50x | as long as short |
| RISEx HYPE/USDC | +0.0510% | 1h | 93.433 | +0.165% | $3.2M | $6.7M | 20x | as long as short |
| Injective HYPE/USDC PERP | +0.0519% | 1h | 93.250 | −0.032% | $30K | $338K | 12x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0685% | 1h | 93.389 | +0.117% | $20.8M | $29.9M | 50x | as long as short |
Perpl HYPE
Aster HYPEUSDT
gTrade (Gains Network) HYPE/USD
Bybit HYPEUSDT
BingX HYPE-USDT
Phoenix HYPE
Gate HYPE_USDT
Bullet HYPE-USD
OKX HYPE-USDT-SWAP
MEXC HYPE_USDT
Binance HYPEUSDT
edgeX HYPEUSDC
Lighter HYPE
Lighter RH HYPE
Popdex HYPEUSDT
Derive HYPE-PERP
Paradex HYPE-USD-PERP
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
SunX HYPE-USDT
Bulk HYPE-USD
Extended HYPE-USD
Aevo HYPE-PERP
Coinbase International HYPE-PERP-INTX
HTX HYPE-USDT
Reya HYPERUSDPERP
Kalshi KXHYPEPERP
GMX HYPE/USD [WBTC.b-USDC]
Deribit HYPE_USDC-PERPETUAL
RISEx HYPE/USDC
Injective HYPE/USDC PERP
Kraken Futures PF_HYPEUSD