Funding you earn now, next payment 06:00 UTC−0.0142%/8h= −15.6% APRpaid last 24h −0.058%
Price spread now: Binance against Hyperliquid−0.056%7-day average −0.118% · you buy dearer than you sell
Net, funding: paid 7d − costs−$84as in the Funding arb table
Net, price: spread back to 7d avg − costs−$72as in the Price arb table
costs, in and out, $10k−$780.783% of the position
Funding, last 7 days−0.060%−$6 on $10k
+Price spread, last 7 days+0.025%+$2 · spread now −0.056%, 7d avg −0.118%
=Together, before fees−0.035%+ Points / potential airdropHyperliquid: Season 2 · farm board−$4 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Binance is 0.061% dearer against Hyperliquid than usual: you sell high and buy low (spread −0.056% now, against its 7-day average of −0.118%): +$6 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 34 hours. At the pace of the last 7 days (−0.060% in total) that is about 7.1 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid KAS | 0.04290 | 0.0242 | pay 0.0030% / 1h | 22m 37s | $2.7M | $1.1M | 3x |
| Short | Binance KASUSDT | 0.04288 | 0.0100 | get 0.0050% / 4h | 2h 22m | $4.1M | $12.9M | 75x |
Hyperliquid KAS
Binance KASUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Hyperliquid. 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
- −$29.9
- Price spread: −0.056% → −0.118%
- $6.12
- Slippage, 4 orders
- −$59.35
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$102.12
- Costs to cover
- 0.783%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 9 min ago; Binance: live order book, 3 min ago.
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 Hyperliquid live order book, 9 min ago | 3.49 bp | 24.4 bp −$24 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 3 min ago | 2.33 bp | 19.3 bp −$19 | 63.7 bp −$637 | 521.6 bp −$52.2K | doesn't fit |
KAS on 15 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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) KAS/USD | L +0.0010% / S −0.0001% | 1h | 0.04283 | −0.165% | $4K | — | 150x | as long as short |
| Injective KAS/USDC PERP | +0.0033% | 1h | 0.04361 | +1.655% | $45 | $154K | 5.5x | as long as short |
| Aster KASUSDT | +0.0100% | 4h | 0.04292 | +0.045% | $253K | $146K | 20x | as long as short |
| Binance KASUSDTshort | +0.0100% | 4h | 0.04288 | −0.056% | $4.1M | $12.9M | 75x | |
| Bybit KASUSDT | +0.0100% | 4h | 0.04287 | −0.070% | $10.7M | $7.8M | 50x | as long as short |
| Gate KAS_USDT | +0.0100% | 8h | 0.04282 | −0.186% | $2.1M | $1.8M | 75x | as long as short |
| MEXC KAS_USDT | +0.0100% | 4h | 0.04285 | −0.117% | $28.8M | $5.0M | 200x | as long as short |
| KuCoin KASUSDTM | +0.0100% | 4h | 0.04289 | −0.026% | $4.3M | $7.4M | 50x | as long as short |
| Bitget KASUSDT | +0.0100% | 4h | 0.04282 | −0.186% | $11.8M | $3.2M | 50x | as long as short |
| BingX KAS-USDT | +0.0100% | 4h | 0.04285 | −0.117% | — | $67.7M | — | as long as short |
gTrade (Gains Network) KAS/USD
Injective KAS/USDC PERP
Aster KASUSDT
Bybit KASUSDT
Gate KAS_USDT
MEXC KAS_USDT
KuCoin KASUSDTM
Bitget KASUSDT
BingX KAS-USDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni KAS | +0.0100% | 4h | 0.04279 | −0.261% | $23K | $24K | — | as long as short |
| Hyperliquid KASlong | +0.0242% | 1h | 0.04290 | long leg | $2.7M | $1.1M | 3x | |
| GMX KAS/USD [WBTC.b-USDC] | L +0.0283% / S −0.1996% | 1h | 0.04281 | −0.221% | $11K | — | 100x | as long as short |
| BloFin KAS-USDT | +0.0340% | 4h | 0.04288 | −0.047% | $371K | $293K | 75x | as long as short |
| Kraken Futures PF_KASUSD | +0.0379% | 1h | 0.04284 | −0.145% | $303K | $509K | 20x | as long as short |
Variational Omni KAS
GMX KAS/USD [WBTC.b-USDC]
BloFin KAS-USDT
Kraken Futures PF_KASUSD