Funding you earn now, next payment 08:00 UTC0.0000%/8h= −0.1% APRpaid last 24h +0.022%
Price spread now: Katana Perps against Gate+0.053%7-day average −0.033% · 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)+0.028%+$3 on $10k
+Price spread, last 7 days−0.113%−$11 · spread now +0.053%, 7d avg −0.033%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Katana Perps is 0.086% dearer against Gate than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of −0.033%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate HYPE_USDT | 93.211 | 0.0100 | pay 0.0050% / 4h | 2h 34m | $46.6M | $54.2M | 75x |
| Short | Katana Perps HYPE-USD | 93.260 | 0.0100 | get 0.0100% / 8h | 2h 34m | $28K | $1.7M | 10x |
Gate HYPE_USDT
Katana Perps HYPE-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Katana Perps 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
- −$0.1
- Price spread: +0.053% → −0.033%
- $8.59
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Katana Perps: 1.9 bp × 2 orders
- −$3.8
- Net
- −$10.32
- Costs to cover
- 0.188%
- Break-even
- never at this rate
Slippage unknown: Gate: live order book, 5 min ago; Katana Perps: no order-book sample. 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 Gate live order book, 5 min ago | 0.70 bp | 10.2 bp −$10 | 15.9 bp −$159 | 31.9 bp −$3,185 | 54.0 bp −$27.0K |
| Sell Katana Perps no order-book sample | — | — | — | — | — |
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 55 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 | −0.1624% | 1h | 93.409 | +0.213% | $197K | $234K | 7x | as long as short |
| Aftermath Perps HYPEUSD | −0.0361% | 1h | 93.349 | +0.148% | $22K | $21K | 10x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 93.328 | +0.126% | $3K | $331 | 25x | as long as short |
| Bullet HYPE-USD | −0.0071% | 1h | 93.212 | +0.001% | $111K | $578K | 20x | as long as short |
| Orderly PERP_HYPE_USDC | −0.0023% | 4h | 93.228 | +0.018% | $146K | $662K | 20x | as long as short |
| 01 Exchange HYPEUSD | −0.0016% | 1h | 93.305 | +0.101% | $87K | $366K | 20x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 93.367 | +0.167% | $128K | $29K | 5x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 93.318 | +0.115% | $22K | $290K | 10x | as long as short |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0002% | 1h | 93.239 | +0.030% | $62K | — | 150x | as long as short |
| Arcus HYPE-USD | +0.0011% | 1h | 93.274 | +0.068% | $1.0M | $4.0M | 10x | as long as short |
Hibachi HYPE/USDT-P
Aftermath Perps HYPEUSD
Hotstuff HYPE-PERP
Bullet HYPE-USD
Orderly PERP_HYPE_USDC
01 Exchange HYPEUSD
dYdX HYPE-USD
Perpl HYPE
gTrade (Gains Network) HYPE/USD
Arcus HYPE-USDShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps HYPE-USD.P | +0.0013% | 1h | 93.430 | +0.235% | $702K | $1.2M | 10x | as long as short |
| Bitget HYPEUSDT | +0.0016% | 4h | 93.182 | −0.031% | $225.3M | $98.9M | 75x | as long as short |
| Bybit HYPEUSDT | +0.0021% | 8h | 93.195 | −0.017% | $316.7M | $283.2M | 75x | as long as short |
| Phoenix HYPE | +0.0026% | 1h | 93.434 | +0.239% | $209K | $1.2M | 10x | as long as short |
| Phemex HYPEUSDT | +0.0043% | 8h | 93.243 | +0.034% | $12.6M | $2.7M | 50x | as long as short |
| edgeX HYPEUSDC | +0.0094% | 4h | 93.304 | +0.100% | $5.0M | $30.0M | 30x | as long as short |
| Paradex HYPE-USD-PERP | +0.0094% | 8h | 93.356 | +0.156% | $340K | $162K | 20x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 93.213 | +0.002% | $16.1M | $63.1M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 93.222 | +0.012% | $3.1M | $11.4M | 20x | as long as short |
| Popdex HYPEUSDT | +0.0096% | 1h | 93.285 | +0.079% | $76K | $1.2M | 50x | as long as short |
| Katana Perps HYPE-USDshort | +0.0100% | 8h | 93.260 | +0.053% | $28K | $1.7M | 10x | |
| Nado HYPE-PERP | +0.0100% | 1h | 93.314 | +0.111% | $8.0M | $48.5M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 93.259 | +0.051% | $2.03B | $668.7M | 10x | as long as short |
| Aster HYPEUSDT | +0.0100% | 4h | 93.247 | +0.038% | $8.7M | $36.5M | 300x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 93.339 | +0.137% | $10.1M | $15.4M | 20x | as long as short |
| Binance HYPEUSDT | +0.0100% | 4h | 93.205 | −0.006% | $373.4M | $913.5M | 75x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0100% | 8h | 93.204 | −0.008% | $114.2M | $309.2M | 50x | as long as short |
| Gate HYPE_USDTlong | +0.0100% | 4h | 93.211 | long leg | $46.6M | $54.2M | 75x | |
| MEXC HYPE_USDT | +0.0100% | 4h | 93.214 | +0.003% | $89.8M | $80.9M | 100x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 93.219 | +0.009% | $46.1M | $18.9M | 75x | as long as short |
| BingX HYPE-USDT | +0.0100% | 4h | 93.201 | −0.011% | — | $53.9M | — | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 93.229 | +0.019% | $7.3M | $10.6M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 93.351 | +0.150% | $28.6M | $56.3M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 93.365 | +0.166% | $7.5M | $47.0M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 93.331 | +0.129% | $342K | $1.0M | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 93.497 | +0.307% | $669K | $2.9M | 20x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 93.365 | +0.165% | — | $243K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 93.277 | +0.071% | $483K | $2.7M | 20x | as long as short |
| Bluefin HYPE-PERP | +0.0100% | 1h | 93.207 | −0.004% | $79K | $165K | 20x | as long as short |
| Derive HYPE-PERP | +0.0100% | 1h | 93.196 | −0.016% | $16.1M | $7.5M | 10x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 93.218 | +0.008% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 93.221 | +0.011% | $2.0M | $1.9M | 10x | as long as short |
| HTX HYPE-USDT | +0.0100% | 4h | 93.351 | +0.150% | $1.4M | $6.5M | 75x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 93.344 | +0.143% | $215K | $15K | 10x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 93.181 | −0.033% | $18.1M | $43.2M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0104% | 1h | 93.212 | +0.001% | $394K | $158K | 20x | as long as short |
| Kalshi KXHYPEPERP | +0.0112% | 8h | 93.383 | +0.185% | $1.8M | $5.7M | 2.3x | as long as short |
| Injective HYPE/USDC PERP | +0.0122% | 1h | 93.350 | +0.149% | $30K | $339K | 12x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0144% | 1h | 93.310 | +0.106% | $4.8M | $5.6M | 50x | as long as short |
| Reya HYPERUSDPERP | +0.0269% | 1h | 93.231 | +0.021% | $80K | $131K | 15x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0332% / S −0.0154% | 1h | 93.241 | +0.032% | $1.4M | — | 100x | as long as short |
| BloFin HYPE-USDT | +0.0340% | 4h | 93.516 | +0.327% | $16.9M | $11.9M | 75x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0341% | 1h | 93.292 | +0.087% | $20.8M | $29.6M | 50x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0426% | 1h | 93.304 | +0.100% | $7.5M | $4.0M | 50x | as long as short |
| RISEx HYPE/USDC | +0.0527% | 1h | 93.364 | +0.164% | $3.2M | $6.2M | 20x | as long as short |
Ondo Perps HYPE-USD.P
Bitget HYPEUSDT
Bybit HYPEUSDT
Phoenix HYPE
Phemex HYPEUSDT
edgeX HYPEUSDC
Paradex HYPE-USD-PERP
Lighter HYPE
Lighter RH HYPE
Popdex HYPEUSDT
Nado HYPE-PERP
Hyperliquid HYPE
Aster HYPEUSDT
Pacifica HYPE
Binance HYPEUSDT
OKX HYPE-USDT-SWAP
MEXC HYPE_USDT
KuCoin HYPEUSDTM
BingX HYPE-USDT
Backpack HYPE_USDC_PERP
Variational Omni HYPE
GRVT HYPE_USDT_Perp
ApeX Omni HYPEUSDT
StandX HYPE-USD
Vest HYPE-PERP
Polymarket Perps HYPE-USD
Bluefin HYPE-PERP
Derive HYPE-PERP
SunX HYPE-USDT
SoDEX HYPE-USD
HTX HYPE-USDT
Bulk HYPE-USD
Extended HYPE-USD
Aevo HYPE-PERP
Kalshi KXHYPEPERP
Injective HYPE/USDC PERP
Coinbase International HYPE-PERP-INTX
Reya HYPERUSDPERP
GMX HYPE/USD [WBTC.b-USDC]
BloFin HYPE-USDT
Kraken Futures PF_HYPEUSD
Deribit HYPE_USDC-PERPETUAL
RISEx HYPE/USDC