Funding you earn now, next payment 05:00 UTC−0.0129%/8h= −14.1% APRpaid last 24h −0.022%
Price spread now: gTrade (Gains Network) against Kalshi−0.006%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$4 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kalshi KXHYPEPERP | 93.396 | 0.0131 | pay 0.0131% / 8h | 7h 05m | $1.8M | $5.5M | 2.3x |
| Short | gTrade (Gains Network) HYPE/USD | 93.390 | L +0.0002% / S −0.0002% | get 0.0000% / 1h | 5m 54s | $62K | — | 150x |
Kalshi KXHYPEPERP
gTrade (Gains Network) HYPE/USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) against Kalshi. 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
- −$27.07
- Price spread: −0.006% → 0.000%
- −$0.64
- Slippage, 4 orders
- no order book: not counted
- Fee Kalshi: 5 bp × 2 orders
- −$10
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$47.71
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Kalshi: live order book, 3 min ago; gTrade (Gains Network): 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 Kalshi live order book, 3 min ago | 2.95 bp | 10.5 bp −$10 | 12.1 bp −$121 | 17.0 bp −$1,703 | doesn't fit |
| Sell gTrade (Gains Network) no order-book sample | — | — | — | — | — |
gTrade (Gains Network): 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 | −0.1856% | 1h | 93.096 | −0.321% | $194K | $230K | 7x | as long as short |
| Aftermath Perps HYPEUSD | −0.0331% | 1h | 93.146 | −0.267% | $22K | $21K | 10x | as long as short |
| Arcus HYPE-USD | −0.0194% | 1h | 93.316 | −0.086% | $1.1M | $3.9M | 10x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 93.241 | −0.166% | $3K | $331 | 25x | as long as short |
| Orderly PERP_HYPE_USDC | −0.0047% | 4h | 93.351 | −0.048% | $146K | $670K | 20x | as long as short |
| Bullet HYPE-USD | −0.0006% | 1h | 93.333 | −0.067% | $111K | $578K | 20x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 93.329 | −0.072% | $128K | $29K | 5x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 93.337 | −0.063% | $22K | $293K | 10x | as long as short |
| gTrade (Gains Network) HYPE/USDshort | L +0.0002% / S −0.0002% | 1h | 93.390 | −0.006% | $62K | — | 150x | |
| Ondo Perps HYPE-USD.P | +0.0006% | 1h | 93.270 | −0.135% | $702K | $1.2M | 10x | as long as short |
Hibachi HYPE/USDT-P
Aftermath Perps HYPEUSD
Arcus HYPE-USD
Hotstuff HYPE-PERP
Orderly PERP_HYPE_USDC
Bullet HYPE-USD
dYdX HYPE-USD
Perpl HYPE
Ondo Perps HYPE-USD.PShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange HYPEUSD | +0.0016% | 1h | 93.372 | −0.026% | $87K | $365K | 20x | as long as short |
| Phemex HYPEUSDT | +0.0018% | 8h | 93.310 | −0.092% | $12.6M | $2.7M | 50x | as long as short |
| Phoenix HYPE | +0.0026% | 1h | 93.132 | −0.283% | $209K | $1.2M | 10x | as long as short |
| Bitget HYPEUSDT | +0.0030% | 4h | 93.388 | −0.009% | $225.7M | $99.1M | 75x | as long as short |
| Bybit HYPEUSDT | +0.0030% | 8h | 93.367 | −0.031% | $318.0M | $284.4M | 75x | as long as short |
| Popdex HYPEUSDT | +0.0056% | 1h | 93.345 | −0.055% | $76K | $1.1M | 50x | as long as short |
| edgeX HYPEUSDC | +0.0080% | 4h | 93.063 | −0.357% | $4.9M | $29.8M | 30x | as long as short |
| Paradex HYPE-USD-PERP | +0.0095% | 8h | 93.363 | −0.035% | $340K | $162K | 20x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 93.373 | −0.025% | $16.1M | $62.9M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 93.374 | −0.024% | $3.1M | $11.7M | 20x | as long as short |
| Gate HYPE_USDT | +0.0096% | 4h | 93.384 | −0.013% | $45.8M | $55.0M | 75x | as long as short |
| Katana Perps HYPE-USD | +0.0099% | 8h | 93.330 | −0.071% | $28K | $1.7M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 93.339 | −0.060% | $7.4M | $46.7M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 93.432 | +0.039% | $2.03B | $665.2M | 10x | as long as short |
| Aster HYPEUSDT | +0.0100% | 4h | 93.401 | +0.005% | $8.7M | $36.4M | 300x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 93.368 | −0.030% | $10.1M | $15.3M | 20x | as long as short |
| Binance HYPEUSDT | +0.0100% | 4h | 93.402 | +0.007% | $374.8M | $909.8M | 75x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0100% | 8h | 93.379 | −0.018% | $114.6M | $306.4M | 50x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 93.125 | −0.290% | $203K | $3K | 10x | as long as short |
| MEXC HYPE_USDT | +0.0100% | 4h | 93.387 | −0.010% | $91.9M | $81.6M | 100x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 93.378 | −0.019% | $46.1M | $18.5M | 75x | as long as short |
| BingX HYPE-USDT | +0.0100% | 4h | 93.395 | −0.001% | — | $53.8M | — | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 93.398 | +0.002% | $7.3M | $11.1M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 93.319 | −0.083% | $28.8M | $56.7M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 93.054 | −0.366% | $7.5M | $46.9M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 93.080 | −0.338% | $341K | $1.0M | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 93.136 | −0.278% | $666K | $2.9M | 20x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 93.365 | −0.033% | — | $243K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 93.364 | −0.034% | $489K | $2.7M | 20x | as long as short |
| Bluefin HYPE-PERP | +0.0100% | 1h | 93.374 | −0.024% | $79K | $167K | 20x | as long as short |
| Derive HYPE-PERP | +0.0100% | 1h | 93.346 | −0.054% | $16.1M | $7.5M | 10x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 93.393 | −0.003% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 93.360 | −0.039% | $2.0M | $1.9M | 10x | as long as short |
| HTX HYPE-USDT | +0.0100% | 4h | 93.500 | +0.111% | $1.4M | $6.4M | 75x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 93.367 | −0.031% | $18.1M | $43.5M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0104% | 1h | 93.359 | −0.039% | $395K | $164K | 20x | as long as short |
| Kalshi KXHYPEPERPlong | +0.0131% | 8h | 93.396 | long leg | $1.8M | $5.5M | 2.3x | |
| Coinbase International HYPE-PERP-INTX | +0.0144% | 1h | 93.420 | +0.026% | $4.8M | $5.6M | 50x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0196% | 1h | 93.446 | +0.053% | $20.8M | $29.4M | 50x | as long as short |
| Injective HYPE/USDC PERP | +0.0242% | 1h | 93.410 | +0.015% | $30K | $339K | 12x | as long as short |
| Reya HYPERUSDPERP | +0.0267% | 1h | 93.329 | −0.072% | $80K | $131K | 15x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0332% / S −0.0154% | 1h | 93.382 | −0.015% | $1.4M | — | 100x | as long as short |
| BloFin HYPE-USDT | +0.0340% | 4h | 93.196 | −0.214% | $16.8M | $11.9M | 75x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0457% | 1h | 93.456 | +0.064% | $7.5M | $4.4M | 50x | as long as short |
| RISEx HYPE/USDC | +0.0598% | 1h | 93.403 | +0.008% | $3.2M | $6.2M | 20x | as long as short |
01 Exchange HYPEUSD
Phemex HYPEUSDT
Phoenix HYPE
Bitget HYPEUSDT
Bybit HYPEUSDT
Popdex HYPEUSDT
edgeX HYPEUSDC
Paradex HYPE-USD-PERP
Lighter HYPE
Lighter RH HYPE
Gate HYPE_USDT
Katana Perps HYPE-USD
Nado HYPE-PERP
Hyperliquid HYPE
Aster HYPEUSDT
Pacifica HYPE
Binance HYPEUSDT
OKX HYPE-USDT-SWAP
Bulk HYPE-USD
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
Extended HYPE-USD
Aevo HYPE-PERP
Coinbase International HYPE-PERP-INTX
Kraken Futures PF_HYPEUSD
Injective HYPE/USDC PERP
Reya HYPERUSDPERP
GMX HYPE/USD [WBTC.b-USDC]
BloFin HYPE-USDT
Deribit HYPE_USDC-PERPETUAL
RISEx HYPE/USDC