Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.014%
Price spread now: Bitget against Katana Perps+0.076%7-day average +0.036% · 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)−0.025%−$2 on $10k
+Price spread, last 7 days−0.066%−$7 · spread now +0.076%, 7d avg +0.036%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.041% dearer against Katana Perps than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.036%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Katana Perps HYPE-USD | 94.190 | 0.0100 | pay 0.0100% / 8h | 7h 33m | $24K | $1.6M | 10x |
| Short | Bitget HYPEUSDT | 94.262 | 0.0100 | get 0.0050% / 4h | 3h 33m | $228.6M | $100.9M | 75x |
Katana Perps HYPE-USD
Bitget HYPEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Katana Perps. 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
- $0.04
- Price spread: +0.076% → +0.036%
- $4.07
- Slippage, 4 orders
- no order book: not counted
- Fee Katana Perps: 1.9 bp × 2 orders
- −$3.8
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$11.69
- Costs to cover
- 0.158%
- Break-even
- 1862.2 days
Slippage unknown: Katana Perps: no order-book sample; Bitget: live order book, 6 min ago. 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 Katana Perps no order-book sample | — | — | — | — | — |
| Sell Bitget live order book, 6 min ago | 0.05 bp | 9.0 bp −$9 | 12.1 bp −$121 | doesn't fit | doesn't fit |
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 | −0.1448% | 1h | 94.155 | −0.038% | $199K | $228K | 7x | as long as short |
| Arcus HYPE-USD | −0.0625% | 1h | 94.156 | −0.036% | $1.2M | $3.8M | 10x | as long as short |
| Aftermath Perps HYPEUSD | −0.0263% | 1h | 94.176 | −0.015% | $22K | $23K | 10x | as long as short |
| Phemex HYPEUSDT | −0.0259% | 8h | 94.233 | +0.046% | $12.8M | $2.6M | 50x | as long as short |
| dYdX HYPE-USD | −0.0171% | 1h | 94.245 | +0.058% | $129K | $31K | 5x | as long as short |
| Ondo Perps HYPE-USD.P | −0.0152% | 1h | 94.210 | +0.021% | $710K | $947K | 10x | as long as short |
| Bullet HYPE-USD | −0.0090% | 1h | 94.274 | +0.089% | $113K | $580K | 20x | as long as short |
| 01 Exchange HYPEUSD | −0.0080% | 1h | 94.217 | +0.029% | $86K | $361K | 20x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 94.258 | +0.072% | $3K | $331 | 25x | as long as short |
| Bybit HYPEUSDT | −0.0019% | 8h | 94.165 | −0.027% | $323.5M | $280.8M | 75x | as long as short |
Hibachi HYPE/USDT-P
Arcus HYPE-USD
Aftermath Perps HYPEUSD
Phemex HYPEUSDT
dYdX HYPE-USD
Ondo Perps HYPE-USD.P
Bullet HYPE-USD
01 Exchange HYPEUSD
Hotstuff HYPE-PERP
Bybit HYPEUSDTShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_HYPE_USDC | −0.0013% | 4h | 94.276 | +0.091% | $161K | $634K | 20x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 94.304 | +0.121% | $23K | $327K | 10x | as long as short |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0003% | 1h | 94.303 | +0.120% | $27K | — | 150x | as long as short |
| Aster HYPEUSDT | +0.0025% | 4h | 94.270 | +0.085% | $8.9M | $36.1M | 300x | as long as short |
| Gate HYPE_USDT | +0.0026% | 4h | 94.251 | +0.065% | $44.6M | $59.6M | 75x | as long as short |
| Phoenix HYPE | +0.0034% | 1h | 94.173 | −0.018% | $219K | $1.2M | 10x | as long as short |
| Derive HYPE-PERP | +0.0048% | 1h | 94.238 | +0.051% | $16.5M | $7.3M | 10x | as long as short |
| MEXC HYPE_USDT | +0.0050% | 4h | 94.251 | +0.065% | $89.5M | $82.4M | 100x | as long as short |
| Binance HYPEUSDT | +0.0051% | 4h | 94.206 | +0.017% | $384.2M | $893.1M | 75x | as long as short |
| edgeX HYPEUSDC | +0.0061% | 4h | 94.240 | +0.053% | $5.1M | $29.9M | 30x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0082% | 8h | 94.181 | −0.010% | $116.2M | $319.4M | 50x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 94.312 | +0.130% | $19.1M | $58.9M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 94.285 | +0.101% | $3.1M | $12.1M | 20x | as long as short |
| Popdex HYPEUSDT | +0.0096% | 1h | 94.182 | −0.008% | $66K | $1.2M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0096% | 1h | 94.266 | +0.081% | $401K | $188K | 20x | as long as short |
| Paradex HYPE-USD-PERP | +0.0099% | 8h | 94.292 | +0.109% | $342K | $170K | 20x | as long as short |
| Katana Perps HYPE-USDlong | +0.0100% | 8h | 94.190 | long leg | $24K | $1.6M | 10x | |
| Nado HYPE-PERP | +0.0100% | 1h | 94.208 | +0.020% | $6.7M | $44.8M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 94.362 | +0.183% | $2.06B | $676.4M | 10x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 94.278 | +0.093% | $10.2M | $14.6M | 20x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 94.272 | +0.087% | $46.7M | $18.1M | 75x | as long as short |
| Bitget HYPEUSDTshort | +0.0100% | 4h | 94.262 | +0.076% | $228.6M | $100.9M | 75x | |
| BingX HYPE-USDT | +0.0100% | 4h | 94.250 | +0.064% | — | $53.8M | — | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 94.291 | +0.107% | $7.7M | $10.4M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 94.220 | +0.032% | $31.8M | $54.0M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 94.271 | +0.086% | $7.6M | $45.8M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 94.252 | +0.066% | $341K | $1.1M | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 94.262 | +0.076% | $682K | $2.5M | 20x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 94.299 | +0.115% | — | $252K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 94.296 | +0.113% | $481K | $2.6M | 20x | as long as short |
| Bluefin HYPE-PERP | +0.0100% | 1h | 94.279 | +0.094% | $77K | $171K | 20x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 94.356 | +0.176% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 94.262 | +0.076% | $2.0M | $2.0M | 10x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 94.120 | −0.074% | $205K | $4K | 10x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 94.240 | +0.054% | $19.0M | $44.3M | 50x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0144% | 1h | 94.310 | +0.127% | $5.0M | $5.5M | 50x | as long as short |
| BloFin HYPE-USDT | +0.0204% | 4h | 94.247 | +0.061% | $17.0M | $12.3M | 75x | as long as short |
| Injective HYPE/USDC PERP | +0.0205% | 1h | 94.490 | +0.319% | $31K | $338K | 12x | as long as short |
| Kalshi KXHYPEPERP | +0.0213% | 8h | 94.344 | +0.163% | $1.9M | $5.1M | 2.3x | as long as short |
| RISEx HYPE/USDC | +0.0222% | 1h | 94.237 | +0.050% | $2.8M | $6.7M | 20x | as long as short |
| Reya HYPERUSDPERP | +0.0251% | 1h | 94.274 | +0.089% | $79K | $145K | 15x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0334% / S −0.0153% | 1h | 94.302 | +0.119% | $1.5M | — | 100x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0429% | 1h | 94.373 | +0.194% | $7.5M | $4.7M | 50x | as long as short |
| HTX HYPE-USDT | +0.0448% | 4h | 94.450 | +0.276% | $1.5M | $6.3M | 75x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0669% | 1h | 94.348 | +0.168% | $21.1M | $29.7M | 50x | as long as short |
Orderly PERP_HYPE_USDC
Perpl HYPE
gTrade (Gains Network) HYPE/USD
Aster HYPEUSDT
Gate HYPE_USDT
Phoenix HYPE
Derive HYPE-PERP
MEXC HYPE_USDT
Binance HYPEUSDT
edgeX HYPEUSDC
OKX HYPE-USDT-SWAP
Lighter HYPE
Lighter RH HYPE
Popdex HYPEUSDT
Aevo HYPE-PERP
Paradex HYPE-USD-PERP
Nado HYPE-PERP
Hyperliquid HYPE
Pacifica HYPE
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
SunX HYPE-USDT
SoDEX HYPE-USD
Bulk HYPE-USD
Extended HYPE-USD
Coinbase International HYPE-PERP-INTX
BloFin HYPE-USDT
Injective HYPE/USDC PERP
Kalshi KXHYPEPERP
RISEx HYPE/USDC
Reya HYPERUSDPERP
GMX HYPE/USD [WBTC.b-USDC]
Deribit HYPE_USDC-PERPETUAL
HTX HYPE-USDT
Kraken Futures PF_HYPEUSD