Settings8H · net · $10k
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Funding arb · Price arb /

HYPE

all HYPE markets
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Alert: funding
Measured
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Alert: spread
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Funding you earn now, next payment 07:00 UTC−0.0131%/8h= −14.3% APRnext payment −$0.16 per $10,000 · paid last 24h +0.014%
Price spread now: Bluefin against Aevo+0.002%7-day average −0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs−$72as in the Funding arb table
Net, price: spread back to 7d avg − costs−$58as in the Price arb table
costs, in and out, $10k−$590.594% of the position
Long on AevoShort on Bluefin
What this pair did over the last
the charts below follow
Funding, last 7 days−0.123%−$12 on $10k
Price spread, last 4 days (all we have)−0.021%−$2 · spread now +0.002%, 7d avg −0.008%
Together, before fees−0.144%−$14 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.008%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo HYPE-PERP93.4700.0104pay 0.0013% / 1h36m 38s$395K$159K20x
ShortBluefin HYPE-PERP93.472−0.0027pay 0.0003% / 1h36m 38s$79K$155K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bluefin against Aevo. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$27.46
Price spread: +0.002% → −0.008%
$1.02
Slippage, 4 orders
−$36.42
Fee Aevo: 8 bp × 2 orders
−$16
Fee Bluefin: 3.5 bp × 2 orders
−$7
Net
−$85.86
Costs to cover
0.594%
Break-even
never at this rate
Slippage from Aevo: live order book, 7 min ago; Bluefin: live order book, 7 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aevo live order book, 7 min ago5.59 bp16.6 bp −$1723.3 bp −$23327.6 bp −$2,763doesn't fit
Sell Bluefin live order book, 7 min ago3.63 bp14.9 bp −$15doesn't fitdoesn't fitdoesn't fit

HYPE on 55 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hibachi HYPE/USDT-P−0.1056%1h93.361−0.116%$198K$240K7xas long as short
Aftermath Perps HYPEUSD−0.0197%1h93.560+0.097%$22K$21K10xas long as short
Ondo Perps HYPE-USD.P−0.0103%1h93.340−0.139%$703K$1.2M10xas long as short
Hotstuff HYPE-PERP−0.0080%1h93.463−0.008%$3K$33125xas long as short
Bullet HYPE-USD−0.0063%1h93.480+0.011%$111K$580K20xas long as short
01 Exchange HYPEUSD−0.0048%1h93.413−0.061%$86K$369K20xas long as short
Bluefin HYPE-PERPshort−0.0027%1h93.472+0.002%$79K$155K20x
Orderly PERP_HYPE_USDC−0.0021%4h93.461−0.010%$145K$685K20xas long as short
dYdX HYPE-USD0.0000%1h93.447−0.025%$128K$28K5xas long as short
Kalshi KXHYPEPERP0.0000%8h93.534+0.068%$1.8M$5.6M2.3xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Perpl HYPE0.0000%43m93.480+0.011%$20K$289K10xas long as short
gTrade (Gains Network) HYPE/USDL +0.0002% / S −0.0001%1h93.448−0.024%$83K—150xas long as short
Bybit HYPEUSDT+0.0002%8h93.360−0.118%$315.0M$288.4M75xas long as short
BingX HYPE-USDT+0.0002%4h93.401−0.074%—$53.6M—as long as short
Derive HYPE-PERP+0.0010%1h93.422−0.051%$16.2M$7.4M10xas long as short
Phoenix HYPE+0.0017%1h93.482+0.013%$209K$1.1M10xas long as short
Bitget HYPEUSDT+0.0042%4h93.400−0.075%$225.0M$99.7M75xas long as short
Paradex HYPE-USD-PERP+0.0077%8h93.429−0.044%$334K$161K20xas long as short
Arcus HYPE-USD+0.0084%1h93.375−0.102%$1.0M$4.0M10xas long as short
Phemex HYPEUSDT+0.0086%8h93.459−0.012%$12.8M$2.8M50xas long as short
edgeX HYPEUSDC+0.0086%4h93.443−0.029%$5.0M$30.5M30xas long as short
Lighter HYPE+0.0096%1h93.410−0.064%$16.1M$63.9M20xas long as short
Lighter RH HYPE+0.0096%1h93.419−0.055%$3.1M$11.1M20xas long as short
Popdex HYPEUSDT+0.0096%1h93.390−0.086%$80K$1.2M50xas long as short
Katana Perps HYPE-USD+0.0100%8h93.400−0.075%$21K$1.7M10xas long as short
Nado HYPE-PERP+0.0100%1h93.475+0.005%$7.5M$50.9M10xas long as short
Hyperliquid HYPE+0.0100%1h93.497+0.029%$2.04B$680.6M10xas long as short
Aster HYPEUSDT+0.0100%4h93.393−0.082%$8.8M$37.1M300xas long as short
Pacifica HYPE+0.0100%1h93.433−0.040%$10.1M$15.4M20xas long as short
Binance HYPEUSDT+0.0100%4h93.375−0.102%$373.8M$930.1M75xas long as short
OKX HYPE-USDT-SWAP+0.0100%8h93.360−0.118%$115.3M$314.6M50xas long as short
Gate HYPE_USDT+0.0100%4h93.399−0.076%$48.4M$55.2M75xas long as short
MEXC HYPE_USDT+0.0100%4h93.397−0.078%$89.2M$83.8M100xas long as short
KuCoin HYPEUSDTM+0.0100%4h93.401−0.074%$46.2M$18.7M75xas long as short
Backpack HYPE_USDC_PERP+0.0100%1h93.449−0.023%$7.2M$10.6M20xas long as short
Variational Omni HYPE+0.0100%8h93.479+0.009%$28.6M$56.1M—as long as short
GRVT HYPE_USDT_Perp+0.0100%4h93.540+0.075%$7.5M$48.2M10xas long as short
ApeX Omni HYPEUSDT+0.0100%1h93.577+0.114%$347K$1.0M50xas long as short
StandX HYPE-USD+0.0100%1h93.507+0.040%$677K$2.7M20xas long as short
Vest HYPE-PERP+0.0100%1h93.530+0.064%—$243K5xas long as short
Polymarket Perps HYPE-USD+0.0100%1h93.498+0.030%$469K$2.8M20xas long as short
SunX HYPE-USDT+0.0100%4h93.533+0.067%$32K$1.6M20xas long as short
SoDEX HYPE-USD+0.0100%1h93.471+0.001%$2.0M$1.9M10xas long as short
HTX HYPE-USDT+0.0100%4h93.615+0.155%$1.4M$6.7M75xas long as short
Bulk HYPE-USD+0.0100%1h93.507+0.040%$216K$15K10xas long as short
Extended HYPE-USD+0.0104%1h93.348−0.131%$18.2M$43.3M50xas long as short
Aevo HYPE-PERPlong+0.0104%1h93.470long leg$395K$159K20x
Coinbase International HYPE-PERP-INTX+0.0120%1h93.460−0.011%$4.7M$6.1M50xas long as short
Injective HYPE/USDC PERP+0.0205%1h93.430−0.043%$30K$339K12xas long as short
Reya HYPERUSDPERP+0.0271%1h93.462−0.009%$77K$129K15xas long as short
Deribit HYPE_USDC-PERPETUAL+0.0295%1h93.567+0.104%$7.4M$4.2M50xas long as short
GMX HYPE/USD [WBTC.b-USDC]L +0.0332% / S −0.0154%1h93.505+0.037%$1.4M—100xas long as short
BloFin HYPE-USDT+0.0340%4h93.480+0.011%$16.9M$12.2M75xas long as short
Kraken Futures PF_HYPEUSD+0.0416%1h93.550+0.085%$20.9M$29.6M50xas long as short
RISEx HYPE/USDC+0.0559%1h93.514+0.047%$3.2M$6.4M20xas long as short