Funding you earn now, next payment 21:00 UTC−0.0106%/8h= −11.6% APRpaid last 24h −0.007%
Price spread now: Bitget against Hyperliquid−0.124%7-day average −0.157% · you buy dearer than you sell
Net, funding: paid 7d − costs−$101as in the Funding arb table
Net, price: spread back to 7d avg − costs−$92as in the Price arb table
costs, in and out, $10k−$950.955% of the position
Funding, last 7 days−0.054%−$5 on $10k
+Price spread, last 7 days−0.006%−$1 · spread now −0.124%, 7d avg −0.157%
=Together, before fees−0.060%+ Points / potential airdropHyperliquid: Season 2 · farm board−$6 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bitget is 0.033% dearer against Hyperliquid than usual: you sell high and buy low (spread −0.124% now, against its 7-day average of −0.157%): +$3 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 25 hours. At the pace of the last 7 days (−0.054% in total) that is about 4.3 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid KAS | 0.04509 | 0.0206 | pay 0.0026% / 1h | 47m 43s | $3.0M | $871K | 3x |
| Short | Bitget KASUSDT | 0.04503 | 0.0100 | get 0.0050% / 4h | 3h 47m | $12.3M | $2.8M | 50x |
Hyperliquid KAS
Bitget KASUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$22.21
- Price spread: −0.124% → −0.157%
- $3.29
- Slippage, 4 orders
- −$74.47
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$114.39
- Costs to cover
- 0.955%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 8 min ago; Bitget: live order book, 1 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, 8 min ago | 7.23 bp | 25.3 bp −$25 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 1 min ago | 5.56 bp | 19.9 bp −$20 | 88.4 bp −$884 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_KASUSD | −0.0316% | 1h | 0.04499 | −0.206% | $295K | $418K | 20x | as long as short |
| gTrade (Gains Network) KAS/USD | L +0.0010% / S −0.0086% | 1h | 0.04501 | −0.173% | $8K | — | 150x | as long as short |
| Injective KAS/USDC PERP | +0.0033% | 1h | 0.04272 | −5.248% | $44 | $61K | 5.5x | as long as short |
| Binance KASUSDT | +0.0100% | 4h | 0.04501 | −0.179% | $4.2M | $10.3M | 75x | as long as short |
| Bybit KASUSDT | +0.0100% | 4h | 0.04497 | −0.257% | $11.1M | $6.5M | 50x | as long as short |
| Gate KAS_USDT | +0.0100% | 8h | 0.04494 | −0.324% | $2.2M | $1.5M | 75x | as long as short |
| MEXC KAS_USDT | +0.0100% | 4h | 0.04500 | −0.191% | $28.5M | $4.0M | 200x | as long as short |
| KuCoin KASUSDTM | +0.0100% | 4h | 0.04501 | −0.169% | $4.3M | $6.9M | 50x | as long as short |
| Bitget KASUSDTshort | +0.0100% | 4h | 0.04503 | −0.124% | $12.3M | $2.8M | 50x | |
| BingX KAS-USDT | +0.0100% | 4h | 0.04504 | −0.102% | — | $69.3M | — | as long as short |
Kraken Futures PF_KASUSD
gTrade (Gains Network) KAS/USD
Injective KAS/USDC PERP
Binance KASUSDT
Bybit KASUSDT
Gate KAS_USDT
MEXC KAS_USDT
KuCoin KASUSDTM
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 | 0.04487 | −0.490% | $29K | $17K | — | as long as short |
| GMX KAS/USD [WBTC.b-USDC] | L +0.0162% / S +0.0135% | 1h | 0.04497 | −0.257% | $17K | — | 100x | as long as short |
| Hyperliquid KASlong | +0.0206% | 1h | 0.04509 | long leg | $3.0M | $871K | 3x | |
| Aster KASUSDT | +0.0262% | 4h | 0.04504 | −0.111% | $268K | $192K | 20x | as long as short |
| BloFin KAS-USDT | +0.0340% | 4h | 0.04490 | −0.413% | $401K | $211K | 75x | as long as short |
Variational Omni KAS
GMX KAS/USD [WBTC.b-USDC]
Aster KASUSDT
BloFin KAS-USDT