Funding you earn now, next payment 05:00 UTC+0.0492%/8h= +53.8% APRpaid last 24h +0.055%
Price spread now: Hyperliquid against Gate+0.192%7-day average +0.199% · you sell dearer than you buy
Net, funding: paid 7d − costs−$84as in the Funding arb table
Net, price: spread back to 7d avg − costs−$95as in the Price arb table
costs, in and out, $10k−$940.941% of the position
Funding, last 7 days+0.106%+$11 on $10k
+Price spread, last 7 days−0.112%−$11 · spread now +0.192%, 7d avg +0.199%
=Together, before fees−0.006%+ Points / potential airdropHyperliquid: Season 2 · farm board−$1 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.199%, so right now this pair is about funding alone: +$15 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.106% in total (about 5.5% 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 | 0.04312 | 0.0100 | pay 0.0100% / 8h | 3h 11m | $2.1M | $1.8M | 75x |
| Short | Hyperliquid KAS | 0.04320 | 0.0592 | get 0.0074% / 1h | 11m 26s | $2.8M | $1.1M | 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
- $103.26
- Price spread: +0.192% → +0.199%
- −$0.66
- Slippage, 4 orders
- −$70.1
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $8.5
- Costs to cover
- 0.941%
- Break-even
- 6.4 days
Slippage from Gate: live order book, 1 min ago; Hyperliquid: live order book, 10 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, 1 min ago | 4.64 bp | 26.6 bp −$27 | 246.0 bp −$2,460 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 10 min ago | 1.39 bp | 22.5 bp −$23 | 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 −0.0001% | 1h | 0.04310 | −0.052% | $4K | — | 150x | as long as short |
| Injective KAS/USDC PERP | +0.0033% | 1h | 0.04361 | +1.136% | $45 | $154K | 5.5x | as long as short |
| Aster KASUSDT | +0.0100% | 4h | 0.04319 | +0.172% | $254K | $146K | 20x | as long as short |
| Binance KASUSDT | +0.0100% | 4h | 0.04316 | +0.087% | $4.1M | $12.8M | 75x | as long as short |
| Bybit KASUSDT | +0.0100% | 4h | 0.04310 | −0.046% | $10.8M | $7.8M | 50x | as long as short |
| Gate KAS_USDTlong | +0.0100% | 8h | 0.04312 | long leg | $2.1M | $1.8M | 75x | |
| MEXC KAS_USDT | +0.0100% | 4h | 0.04316 | +0.093% | $29.0M | $4.9M | 200x | as long as short |
| KuCoin KASUSDTM | +0.0100% | 4h | 0.04316 | +0.102% | $4.3M | $7.3M | 50x | as long as short |
| Bitget KASUSDT | +0.0100% | 4h | 0.04308 | −0.093% | $11.8M | $3.2M | 50x | as long as short |
| BingX KAS-USDT | +0.0100% | 4h | 0.04311 | −0.023% | — | $67.7M | — | 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 | 0.04308 | −0.099% | $23K | $24K | — | as long as short |
| GMX KAS/USD [WBTC.b-USDC] | L +0.0283% / S −0.1996% | 1h | 0.04310 | −0.042% | $11K | — | 100x | as long as short |
| BloFin KAS-USDT | +0.0340% | 4h | 0.04317 | +0.116% | $379K | $295K | 75x | as long as short |
| Hyperliquid KASshort | +0.0592% | 1h | 0.04320 | +0.192% | $2.8M | $1.1M | 3x | |
| Kraken Futures PF_KASUSD | +0.0592% | 1h | 0.04313 | +0.026% | $305K | $510K | 20x | as long as short |
Variational Omni KAS
GMX KAS/USD [WBTC.b-USDC]
BloFin KAS-USDT
Kraken Futures PF_KASUSD