Funding you earn now, next payment 05:00 UTC+0.0179%/8h= +19.6% APRpaid last 24h +0.054%
Price spread now: Katana Perps against Hotstuff−0.010%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$5 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hotstuff HYPE-PERP | 92.869 | −0.0080 | get 0.0010% / 1h | 26m 47s | $3K | $331 | 25x |
| Short | Katana Perps HYPE-USD | 92.860 | 0.0099 | get 0.0099% / 8h | 3h 26m | $34K | $1.7M | 10x |
Hotstuff HYPE-PERP
Katana Perps HYPE-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Katana Perps against Hotstuff. 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
- $37.67
- Price spread: −0.010% → 0.000%
- −$0.97
- Slippage, 4 orders
- no order book: not counted
- Fee Hotstuff: 2.5 bp × 2 orders
- −$5
- Fee Katana Perps: 1.9 bp × 2 orders
- −$3.8
- Net
- $27.9
- Costs to cover
- 0.088%
- Break-even
- 1.8 days
Slippage unknown: Hotstuff: no order-book sample; 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 Hotstuff no order-book sample | — | — | — | — | — |
| Sell Katana Perps no order-book sample | — | — | — | — | — |
Hotstuff and 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 | −0.1568% | 1h | 92.719 | −0.161% | $193K | $230K | 7x | as long as short |
| Aftermath Perps HYPEUSD | −0.0304% | 1h | 92.848 | −0.023% | $22K | $21K | 10x | as long as short |
| Arcus HYPE-USD | −0.0194% | 1h | 92.823 | −0.050% | $1.1M | $3.9M | 10x | as long as short |
| Hotstuff HYPE-PERPlong | −0.0080% | 1h | 92.869 | long leg | $3K | $331 | 25x | |
| Orderly PERP_HYPE_USDC | −0.0061% | 4h | 92.844 | −0.027% | $145K | $681K | 20x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 92.906 | +0.040% | $127K | $29K | 5x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 92.860 | −0.010% | $22K | $295K | 10x | as long as short |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0002% | 1h | 92.880 | +0.012% | $62K | — | 150x | as long as short |
| Bullet HYPE-USD | +0.0009% | 1h | 92.830 | −0.042% | $112K | $577K | 20x | as long as short |
| Phoenix HYPE | +0.0026% | 1h | 92.917 | +0.052% | $210K | $1.2M | 10x | as long as short |
Hibachi HYPE/USDT-P
Aftermath Perps HYPEUSD
Arcus HYPE-USD
Orderly PERP_HYPE_USDC
dYdX HYPE-USD
Perpl HYPE
gTrade (Gains Network) HYPE/USD
Bullet HYPE-USD
Phoenix HYPEShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps HYPE-USD.P | +0.0026% | 1h | 92.810 | −0.064% | $699K | $1.1M | 10x | as long as short |
| Bybit HYPEUSDT | +0.0032% | 8h | 92.830 | −0.042% | $315.6M | $282.7M | 75x | as long as short |
| 01 Exchange HYPEUSD | +0.0040% | 1h | 92.873 | +0.004% | $86K | $363K | 20x | as long as short |
| Phemex HYPEUSDT | +0.0048% | 8h | 92.894 | +0.027% | $12.5M | $2.7M | 50x | as long as short |
| Bitget HYPEUSDT | +0.0052% | 4h | 92.837 | −0.034% | $224.8M | $99.2M | 75x | as long as short |
| Popdex HYPEUSDT | +0.0064% | 1h | 92.855 | −0.015% | $70K | $1.1M | 50x | as long as short |
| Gate HYPE_USDT | +0.0084% | 4h | 92.820 | −0.053% | $45.0M | $54.3M | 75x | as long as short |
| edgeX HYPEUSDC | +0.0089% | 4h | 92.855 | −0.015% | $4.9M | $29.6M | 30x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 92.871 | +0.002% | $16.0M | $62.6M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 92.877 | +0.009% | $3.1M | $11.6M | 20x | as long as short |
| Katana Perps HYPE-USDshort | +0.0099% | 8h | 92.860 | −0.010% | $34K | $1.7M | 10x | |
| Paradex HYPE-USD-PERP | +0.0100% | 8h | 92.880 | +0.012% | $339K | $163K | 20x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 92.850 | −0.020% | $7.4M | $46.1M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 92.901 | +0.034% | $2.02B | $666.7M | 10x | as long as short |
| Aster HYPEUSDT | +0.0100% | 4h | 92.838 | −0.033% | $8.7M | $36.1M | 300x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 92.886 | +0.018% | $10.0M | $15.2M | 20x | as long as short |
| Binance HYPEUSDT | +0.0100% | 4h | 92.832 | −0.040% | $373.3M | $905.7M | 75x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0100% | 8h | 92.832 | −0.040% | $113.8M | $304.0M | 50x | as long as short |
| MEXC HYPE_USDT | +0.0100% | 4h | 92.816 | −0.057% | $91.4M | $81.0M | 100x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 92.850 | −0.020% | $46.1M | $18.4M | 75x | as long as short |
| BingX HYPE-USDT | +0.0100% | 4h | 92.832 | −0.040% | — | $54.0M | — | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 92.864 | −0.005% | $7.2M | $11.3M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 92.959 | +0.097% | $28.6M | $57.4M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 92.886 | +0.018% | $7.5M | $46.6M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 92.975 | +0.114% | $341K | $1.0M | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 92.843 | −0.028% | $668K | $2.9M | 20x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 92.911 | +0.045% | — | $243K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 92.898 | +0.031% | $471K | $2.6M | 20x | as long as short |
| Bluefin HYPE-PERP | +0.0100% | 1h | 92.849 | −0.022% | $79K | $167K | 20x | as long as short |
| Derive HYPE-PERP | +0.0100% | 1h | 92.843 | −0.028% | $16.0M | $7.5M | 10x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 92.917 | +0.052% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 92.855 | −0.015% | $2.0M | $2.0M | 10x | as long as short |
| HTX HYPE-USDT | +0.0100% | 4h | 92.999 | +0.140% | $1.4M | $6.3M | 75x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 92.770 | −0.107% | $202K | $13K | 10x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 92.792 | −0.083% | $18.0M | $43.6M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0104% | 1h | 92.843 | −0.028% | $393K | $164K | 20x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0144% | 1h | 92.910 | +0.044% | $4.7M | $5.6M | 50x | as long as short |
| Kalshi KXHYPEPERP | +0.0161% | 8h | 92.931 | +0.067% | $1.8M | $5.4M | 2.3x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0197% | 1h | 92.919 | +0.054% | $20.6M | $30.5M | 50x | as long as short |
| Injective HYPE/USDC PERP | +0.0242% | 1h | 92.790 | −0.085% | $30K | $339K | 12x | as long as short |
| Reya HYPERUSDPERP | +0.0265% | 1h | 92.857 | −0.013% | $79K | $131K | 15x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0321% | 1h | 92.944 | +0.081% | $7.5M | $4.5M | 50x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0331% / S −0.0154% | 1h | 92.876 | +0.008% | $1.4M | — | 100x | as long as short |
| BloFin HYPE-USDT | +0.0340% | 4h | 92.846 | −0.025% | $16.8M | $11.6M | 75x | as long as short |
| RISEx HYPE/USDC | +0.0598% | 1h | 92.919 | +0.054% | $3.2M | $6.4M | 20x | as long as short |
Ondo Perps HYPE-USD.P
Bybit HYPEUSDT
01 Exchange HYPEUSD
Phemex HYPEUSDT
Bitget HYPEUSDT
Popdex HYPEUSDT
Gate HYPE_USDT
edgeX HYPEUSDC
Lighter HYPE
Lighter RH HYPE
Paradex HYPE-USD-PERP
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
Coinbase International HYPE-PERP-INTX
Kalshi KXHYPEPERP
Kraken Futures PF_HYPEUSD
Injective HYPE/USDC PERP
Reya HYPERUSDPERP
Deribit HYPE_USDC-PERPETUAL
GMX HYPE/USD [WBTC.b-USDC]
BloFin HYPE-USDT
RISEx HYPE/USDC