Funding you earn now, next payment 08:00 UTC−0.0344%/8h= −37.7% APRpaid last 24h −0.066%
Price spread now: Gate against Hyperliquid−0.223%7-day average −0.202% · you buy dearer than you sell
Net, funding: paid 7d − costs−$108as in the Funding arb table
Net, price: spread back to 7d avg − costs−$99as in the Price arb table
costs, in and out, $10k−$960.965% of the position
Funding, last 7 days−0.118%−$12 on $10k
+Price spread, last 7 days+0.107%+$11 · spread now −0.223%, 7d avg −0.202%
=Together, before fees−0.011%+ Points / potential airdropHyperliquid: Season 2 · farm board−$1 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and Gate is 0.021% cheaper against Hyperliquid than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of −0.202%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.118% in total (about -6.2% 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 | Hyperliquid KAS | 0.04309 | 0.0444 | pay 0.0056% / 1h | 43m 03s | $2.8M | $1.0M | 3x |
| Short | Gate KAS_USDT | 0.04299 | 0.0100 | get 0.0100% / 8h | 43m 03s | $2.2M | $1.8M | 75x |
Hyperliquid KAS
Gate KAS_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$72.32
- Price spread: −0.223% → −0.202%
- −$2.06
- Slippage, 4 orders
- −$72.48
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$170.86
- Costs to cover
- 0.965%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 8 min ago; Gate: live order book, 5 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 | 1.16 bp | 22.9 bp −$23 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 5 min ago | 3.48 bp | 24.4 bp −$24 | 116.5 bp −$1,165 | 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 | 0.04298 | −0.236% | $4K | — | 150x | as long as short |
| Injective KAS/USDC PERP | +0.0033% | 1h | 0.04361 | +1.216% | $45 | $154K | 5.5x | as long as short |
| Aster KASUSDT | +0.0100% | 4h | 0.04299 | −0.216% | $252K | $129K | 20x | as long as short |
| Binance KASUSDT | +0.0100% | 4h | 0.04301 | −0.176% | $4.1M | $12.6M | 75x | as long as short |
| Bybit KASUSDT | +0.0100% | 4h | 0.04298 | −0.246% | $10.8M | $7.7M | 50x | as long as short |
| Gate KAS_USDTshort | +0.0100% | 8h | 0.04299 | −0.223% | $2.2M | $1.8M | 75x | |
| MEXC KAS_USDT | +0.0100% | 4h | 0.04302 | −0.153% | $29.5M | $5.2M | 200x | as long as short |
| KuCoin KASUSDTM | +0.0100% | 4h | 0.04300 | −0.197% | $4.4M | $7.2M | 50x | as long as short |
| Bitget KASUSDT | +0.0100% | 4h | 0.04299 | −0.223% | $11.8M | $3.1M | 50x | as long as short |
| BingX KAS-USDT | +0.0100% | 4h | 0.04301 | −0.176% | — | $40.3M | — | 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 | 0.04301 | −0.173% | $23K | $24K | — | as long as short |
| GMX KAS/USD [WBTC.b-USDC] | L +0.0283% / S −0.1996% | 1h | 0.04299 | −0.223% | $11K | — | 100x | as long as short |
| BloFin KAS-USDT | +0.0340% | 4h | 0.04305 | −0.084% | $364K | $294K | 75x | as long as short |
| Hyperliquid KASlong | +0.0444% | 1h | 0.04309 | long leg | $2.8M | $1.0M | 3x | |
| Kraken Futures PF_KASUSD | +0.1055% | 1h | 0.04300 | −0.202% | $307K | $496K | 20x | as long as short |
Variational Omni KAS
GMX KAS/USD [WBTC.b-USDC]
BloFin KAS-USDT
Kraken Futures PF_KASUSD