Funding you earn now, next payment 03:00 UTC+0.0173%/8h= +19.0% APRpaid last 24h −0.030%
Price spread now: Kalshi against Pacifica+0.136%7-day average +0.008% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.102%−$10 on $10k
+Price spread, last 7 days−0.018%−$2 · spread now +0.136%, 7d avg +0.008%
=Together, before fees−0.120%+ Points / potential airdropPacifica: Active · farm board−$12 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Kalshi is 0.129% dearer against Pacifica than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of +0.008%. Mind the row above: over the last 7 days funding on this pair cost −0.102%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica HYPE | 93.206 | 0.0100 | pay 0.0013% / 1h | 56m 05s | $10.0M | $14.6M | 20x |
| Short | Kalshi KXHYPEPERP | 93.333 | 0.0273 | get 0.0273% / 8h | 1h 56m | $1.9M | $4.8M | 2.3x |
Pacifica HYPE
Kalshi KXHYPEPERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kalshi against Pacifica. 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
- $36.38
- Price spread: +0.136% → +0.008%
- $12.88
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Kalshi: 5 bp × 2 orders
- −$10
- Net
- $31.26
- Costs to cover
- 0.180%
- Break-even
- 1.0 days
Slippage unknown: Pacifica: live order book, 3 min ago; Kalshi: live order book, 3 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 Pacifica live order book, 3 min ago | 0.27 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Kalshi live order book, 3 min ago | 2.47 bp | 7.6 bp −$8 | 12.4 bp −$124 | 19.1 bp −$1,912 | doesn't fit |
HYPE on 54 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 | −0.1136% | 1h | 93.001 | −0.219% | $195K | $226K | 7x | as long as short |
| Arcus HYPE-USD | −0.0899% | 1h | 93.118 | −0.094% | $1.2M | $3.8M | 10x | as long as short |
| Bluefin HYPE-PERP | −0.0323% | 1h | 93.126 | −0.086% | $79K | $170K | 20x | as long as short |
| Bullet HYPE-USD | −0.0107% | 1h | 93.171 | −0.037% | $111K | $578K | 20x | as long as short |
| 01 Exchange HYPEUSD | −0.0088% | 1h | 93.260 | +0.058% | $85K | $346K | 20x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 93.220 | +0.015% | $3K | $331 | 25x | as long as short |
| Orderly PERP_HYPE_USDC | −0.0050% | 4h | 93.139 | −0.072% | $155K | $639K | 20x | as long as short |
| Phemex HYPEUSDT | −0.0038% | 8h | 93.176 | −0.032% | $12.6M | $2.7M | 50x | as long as short |
| Aster HYPEUSDT | −0.0012% | 4h | 93.168 | −0.040% | $8.8M | $35.4M | 300x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 93.190 | −0.017% | $128K | $31K | 5x | as long as short |
Hibachi HYPE/USDT-P
Arcus HYPE-USD
Bluefin HYPE-PERP
Bullet HYPE-USD
01 Exchange HYPEUSD
Hotstuff HYPE-PERP
Orderly PERP_HYPE_USDC
Phemex HYPEUSDT
Aster HYPEUSDT
dYdX HYPE-USDShow all 54 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Perpl HYPE | 0.0000% | 43m | 93.224 | +0.019% | $22K | $321K | 10x | as long as short |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0003% | 1h | 93.174 | −0.035% | $25K | — | 150x | as long as short |
| Ondo Perps HYPE-USD.P | +0.0006% | 1h | 92.990 | −0.232% | $696K | $905K | 10x | as long as short |
| BingX HYPE-USDT | +0.0008% | 4h | 93.106 | −0.107% | — | $53.2M | — | as long as short |
| Bybit HYPEUSDT | +0.0015% | 8h | 93.093 | −0.121% | $319.5M | $275.1M | 75x | as long as short |
| Aftermath Perps HYPEUSD | +0.0017% | 1h | 93.247 | +0.044% | $22K | $21K | 10x | as long as short |
| Gate HYPE_USDT | +0.0028% | 4h | 93.125 | −0.087% | $44.4M | $54.1M | 75x | as long as short |
| Phoenix HYPE | +0.0060% | 1h | 93.056 | −0.161% | $210K | $1.2M | 10x | as long as short |
| MEXC HYPE_USDT | +0.0076% | 4h | 93.144 | −0.066% | $87.7M | $79.8M | 100x | as long as short |
| Binance HYPEUSDT | +0.0077% | 4h | 93.176 | −0.032% | $378.9M | $873.3M | 75x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0077% | 8h | 93.092 | −0.122% | $114.3M | $300.3M | 50x | as long as short |
| edgeX HYPEUSDC | +0.0083% | 4h | 93.256 | +0.053% | $5.0M | $30.1M | 30x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 93.181 | −0.027% | $16.3M | $61.3M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 93.175 | −0.033% | $3.1M | $11.5M | 20x | as long as short |
| Popdex HYPEUSDT | +0.0096% | 1h | 93.242 | +0.039% | $68K | $1.2M | 50x | as long as short |
| Paradex HYPE-USD-PERP | +0.0097% | 8h | 93.301 | +0.102% | $339K | $162K | 20x | as long as short |
| Katana Perps HYPE-USD | +0.0100% | 8h | 93.240 | +0.037% | $12K | $1.6M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 93.180 | −0.028% | $5.7M | $43.4M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 93.206 | 0.000% | $2.04B | $659.1M | 10x | as long as short |
| Pacifica HYPElong | +0.0100% | 1h | 93.206 | long leg | $10.0M | $14.6M | 20x | |
| Bulk HYPE-USD | +0.0100% | 1h | 93.335 | +0.138% | $203K | $10K | 10x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 93.175 | −0.033% | $46.0M | $18.0M | 75x | as long as short |
| Bitget HYPEUSDT | +0.0100% | 4h | 93.111 | −0.102% | $225.3M | $96.8M | 75x | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 93.096 | −0.118% | $7.3M | $10.4M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 93.170 | −0.039% | $31.0M | $54.3M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 93.215 | +0.010% | $7.5M | $46.5M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 93.222 | +0.017% | $337K | $1.0M | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 93.114 | −0.099% | $664K | $2.6M | 20x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 93.229 | +0.024% | — | $243K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 93.248 | +0.045% | $474K | $2.4M | 20x | as long as short |
| Derive HYPE-PERP | +0.0100% | 1h | 93.135 | −0.076% | $16.2M | $7.6M | 10x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 93.272 | +0.071% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 93.158 | −0.051% | $2.0M | $1.9M | 10x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 93.135 | −0.076% | $18.3M | $43.5M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0104% | 1h | 93.145 | −0.065% | $396K | $170K | 20x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0176% | 1h | 93.220 | +0.015% | $4.9M | $5.4M | 50x | as long as short |
| HTX HYPE-USDT | +0.0214% | 4h | 93.350 | +0.155% | $1.4M | $5.9M | 75x | as long as short |
| Reya HYPERUSDPERP | +0.0256% | 1h | 93.204 | −0.002% | $79K | $140K | 15x | as long as short |
| Kalshi KXHYPEPERPshort | +0.0273% | 8h | 93.333 | +0.136% | $1.9M | $4.8M | 2.3x | |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0331% / S −0.0156% | 1h | 93.214 | +0.008% | $1.4M | — | 100x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0437% | 1h | 93.255 | +0.053% | $7.4M | $4.4M | 50x | as long as short |
| RISEx HYPE/USDC | +0.0510% | 1h | 93.352 | +0.157% | $3.2M | $6.7M | 20x | as long as short |
| Injective HYPE/USDC PERP | +0.0519% | 1h | 92.900 | −0.328% | $30K | $338K | 12x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0686% | 1h | 93.236 | +0.032% | $20.8M | $29.9M | 50x | as long as short |
Perpl HYPE
gTrade (Gains Network) HYPE/USD
Ondo Perps HYPE-USD.P
BingX HYPE-USDT
Bybit HYPEUSDT
Aftermath Perps HYPEUSD
Gate HYPE_USDT
Phoenix HYPE
MEXC HYPE_USDT
Binance HYPEUSDT
OKX HYPE-USDT-SWAP
edgeX HYPEUSDC
Lighter HYPE
Lighter RH HYPE
Popdex HYPEUSDT
Paradex HYPE-USD-PERP
Katana Perps HYPE-USD
Nado HYPE-PERP
Hyperliquid HYPE
Bulk HYPE-USD
KuCoin HYPEUSDTM
Bitget HYPEUSDT
Backpack HYPE_USDC_PERP
Variational Omni HYPE
GRVT HYPE_USDT_Perp
ApeX Omni HYPEUSDT
StandX HYPE-USD
Vest HYPE-PERP
Polymarket Perps HYPE-USD
Derive HYPE-PERP
SunX HYPE-USDT
SoDEX HYPE-USD
Extended HYPE-USD
Aevo HYPE-PERP
Coinbase International HYPE-PERP-INTX
HTX HYPE-USDT
Reya HYPERUSDPERP
GMX HYPE/USD [WBTC.b-USDC]
Deribit HYPE_USDC-PERPETUAL
RISEx HYPE/USDC
Injective HYPE/USDC PERP
Kraken Futures PF_HYPEUSD