Funding you earn now, next payment 00:00 UTC−0.0097%/8h= −10.6% APRpaid last 24h −0.029%
Price spread now: gTrade (Gains Network) against Katana Perps+0.011%7-day average — · you sell dearer than you buy
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: −$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Katana Perps HYPE-USD | 94.090 | 0.0100 | pay 0.0100% / 8h | 39m 05s | $29K | $1.6M | 10x |
| Short | gTrade (Gains Network) HYPE/USD | 94.100 | L +0.0002% / S −0.0003% | get 0.0000% / 1h | 39m 05s | $27K | — | 150x |
Katana Perps HYPE-USD
gTrade (Gains Network) HYPE/USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) 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
- −$20.38
- Price spread: +0.011% → 0.000%
- $1.05
- Slippage, 4 orders
- no order book: not counted
- Fee Katana Perps: 1.9 bp × 2 orders
- −$3.8
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$33.13
- Costs to cover
- 0.138%
- Break-even
- never at this rate
Slippage unknown: Katana Perps: no order-book sample; 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 Katana Perps no order-book sample | — | — | — | — | — |
| Sell gTrade (Gains Network) no order-book sample | — | — | — | — | — |
Katana Perps and 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 | −0.0632% | 1h | 94.113 | +0.024% | $199K | $230K | 7x | as long as short |
| Aftermath Perps HYPEUSD | −0.0410% | 1h | 94.095 | +0.005% | $22K | $22K | 10x | as long as short |
| Arcus HYPE-USD | −0.0233% | 1h | 93.976 | −0.121% | $1.2M | $3.8M | 10x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 94.098 | +0.009% | $3K | $331 | 25x | as long as short |
| Ondo Perps HYPE-USD.P | −0.0010% | 1h | 94.020 | −0.074% | $704K | $909K | 10x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 94.120 | +0.032% | $128K | $30K | 5x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 94.061 | −0.031% | $23K | $329K | 10x | as long as short |
| gTrade (Gains Network) HYPE/USDshort | L +0.0002% / S −0.0003% | 1h | 94.100 | +0.011% | $27K | — | 150x | |
| 01 Exchange HYPEUSD | +0.0008% | 1h | 94.057 | −0.035% | $87K | $365K | 20x | as long as short |
| Orderly PERP_HYPE_USDC | +0.0008% | 4h | 94.079 | −0.012% | $164K | $579K | 20x | as long as short |
Hibachi HYPE/USDT-P
Aftermath Perps HYPEUSD
Arcus HYPE-USD
Hotstuff HYPE-PERP
Ondo Perps HYPE-USD.P
dYdX HYPE-USD
Perpl HYPE
01 Exchange HYPEUSD
Orderly PERP_HYPE_USDCShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phoenix HYPE | +0.0009% | 1h | 94.116 | +0.028% | $215K | $1.2M | 10x | as long as short |
| Bybit HYPEUSDT | +0.0021% | 8h | 94.054 | −0.038% | $323.9M | $282.7M | 75x | as long as short |
| Aster HYPEUSDT | +0.0037% | 4h | 94.063 | −0.029% | $8.9M | $35.9M | 300x | as long as short |
| Derive HYPE-PERP | +0.0052% | 1h | 94.024 | −0.070% | $16.5M | $7.1M | 10x | as long as short |
| Phemex HYPEUSDT | +0.0059% | 8h | 94.071 | −0.020% | $12.8M | $2.6M | 50x | as long as short |
| MEXC HYPE_USDT | +0.0070% | 4h | 94.075 | −0.016% | $88.8M | $81.2M | 100x | as long as short |
| Binance HYPEUSDT | +0.0071% | 4h | 94.062 | −0.030% | $385.1M | $891.4M | 75x | as long as short |
| edgeX HYPEUSDC | +0.0076% | 4h | 94.051 | −0.042% | $5.1M | $29.8M | 30x | as long as short |
| Gate HYPE_USDT | +0.0078% | 4h | 94.061 | −0.031% | $44.5M | $58.7M | 75x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 94.108 | +0.019% | $19.0M | $59.7M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 94.100 | +0.011% | $3.1M | $12.3M | 20x | as long as short |
| Popdex HYPEUSDT | +0.0096% | 1h | 94.062 | −0.030% | $63K | $1.2M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0096% | 1h | 94.089 | −0.001% | $400K | $318K | 20x | as long as short |
| Paradex HYPE-USD-PERP | +0.0099% | 8h | 94.087 | −0.003% | $342K | $171K | 20x | as long as short |
| Katana Perps HYPE-USDlong | +0.0100% | 8h | 94.090 | long leg | $29K | $1.6M | 10x | |
| Nado HYPE-PERP | +0.0100% | 1h | 94.064 | −0.028% | $5.7M | $44.3M | 10x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 94.099 | +0.010% | $10.1M | $14.5M | 20x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0100% | 8h | 94.063 | −0.029% | $116.0M | $319.9M | 50x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 94.086 | −0.004% | $47.2M | $18.4M | 75x | as long as short |
| Bitget HYPEUSDT | +0.0100% | 4h | 94.072 | −0.019% | $227.8M | $102.7M | 75x | as long as short |
| BingX HYPE-USDT | +0.0100% | 4h | 94.067 | −0.024% | — | $54.0M | — | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 94.099 | +0.010% | $7.9M | $10.5M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 94.033 | −0.060% | $31.4M | $53.9M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 94.098 | +0.009% | $7.6M | $45.0M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 94.049 | −0.044% | $335K | $1.1M | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 94.077 | −0.014% | $680K | $2.5M | 20x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 94.118 | +0.030% | — | $454K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 94.106 | +0.017% | $492K | $2.5M | 20x | as long as short |
| Bullet HYPE-USD | +0.0100% | 1h | 94.061 | −0.031% | $112K | $579K | 20x | as long as short |
| Bluefin HYPE-PERP | +0.0100% | 1h | 94.084 | −0.006% | $76K | $168K | 20x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 94.093 | +0.003% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 94.076 | −0.015% | $2.0M | $2.0M | 10x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 94.120 | +0.032% | $205K | $7K | 10x | as long as short |
| Injective HYPE/USDC PERP | +0.0104% | 1h | 94.000 | −0.096% | $31K | $338K | 12x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 94.059 | −0.033% | $18.4M | $42.6M | 50x | as long as short |
| Kalshi KXHYPEPERP | +0.0134% | 8h | 94.120 | +0.032% | $1.9M | $5.0M | 2.3x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0152% | 1h | 94.150 | +0.064% | $4.9M | $5.7M | 50x | as long as short |
| HTX HYPE-USDT | +0.0225% | 4h | 94.257 | +0.177% | $1.5M | $7.8M | 75x | as long as short |
| Reya HYPERUSDPERP | +0.0248% | 1h | 94.089 | −0.002% | $77K | $142K | 15x | as long as short |
| BloFin HYPE-USDT | +0.0283% | 4h | 94.068 | −0.023% | $17.0M | $12.6M | 75x | as long as short |
| RISEx HYPE/USDC | +0.0284% | 1h | 94.118 | +0.030% | $2.8M | $6.9M | 20x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0340% / S −0.0165% | 1h | 94.094 | +0.004% | $1.4M | — | 100x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0345% | 1h | 94.179 | +0.095% | $7.4M | $4.6M | 50x | as long as short |
| Hyperliquid HYPE | +0.0429% | 1h | 94.152 | +0.066% | $2.05B | $667.1M | 10x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0576% | 1h | 94.192 | +0.109% | $21.1M | $29.2M | 50x | as long as short |
Phoenix HYPE
Bybit HYPEUSDT
Aster HYPEUSDT
Derive HYPE-PERP
Phemex HYPEUSDT
MEXC HYPE_USDT
Binance HYPEUSDT
edgeX HYPEUSDC
Gate HYPE_USDT
Lighter HYPE
Lighter RH HYPE
Popdex HYPEUSDT
Aevo HYPE-PERP
Paradex HYPE-USD-PERP
Nado HYPE-PERP
Pacifica HYPE
OKX HYPE-USDT-SWAP
KuCoin HYPEUSDTM
Bitget HYPEUSDT
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
Bullet HYPE-USD
Bluefin HYPE-PERP
SunX HYPE-USDT
SoDEX HYPE-USD
Bulk HYPE-USD
Injective HYPE/USDC PERP
Extended HYPE-USD
Kalshi KXHYPEPERP
Coinbase International HYPE-PERP-INTX
HTX HYPE-USDT
Reya HYPERUSDPERP
BloFin HYPE-USDT
RISEx HYPE/USDC
GMX HYPE/USD [WBTC.b-USDC]
Deribit HYPE_USDC-PERPETUAL
Hyperliquid HYPE
Kraken Futures PF_HYPEUSD