Funding you earn now, next payment 23:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bulk against Aevo+0.058%7-day average +0.034% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$36as in the Price arb table
costs, in and out, $10k−$390.388% of the position
Funding, last 3 days (all we have)−0.003%$0 on $10k
+Price spread, last 3 days (all we have)+0.016%+$2 · spread now +0.058%, 7d avg +0.034%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bulk is 0.024% dearer against Aevo than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of +0.034%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo HYPE-PERP | 92.976 | 0.0096 | pay 0.0012% / 1h | 23m 19s | $396K | $318K | 20x |
| Short | Bulk HYPE-USD | 93.030 | 0.0100 | get 0.0013% / 1h | 23m 19s | $203K | $8K | 10x |
Aevo HYPE-PERP
Bulk HYPE-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bulk against Aevo. 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
- $0.84
- Price spread: +0.058% → +0.034%
- $2.37
- Slippage, 4 orders
- −$15.84
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Bulk: 3.5 bp × 2 orders
- −$7
- Net
- −$35.63
- Costs to cover
- 0.388%
- Break-even
- 303.9 days
Slippage from Aevo: live order book, 61 min ago; Bulk: live order book, 61 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 Aevo live order book, 61 min ago | 4.37 bp | 17.1 bp −$17 | 20.7 bp −$207 | 25.7 bp −$2,574 | doesn't fit |
| Sell Bulk live order book, 61 min ago | 0.53 bp | 4.6 bp −$5 | 6.4 bp −$64 | 12.2 bp −$1,218 | 31.8 bp −$15.9K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps HYPEUSD | −0.0405% | 1h | 93.001 | +0.027% | $22K | $22K | 10x | as long as short |
| Hibachi HYPE/USDT-P | −0.0296% | 1h | 93.001 | +0.027% | $196K | $230K | 7x | as long as short |
| Ondo Perps HYPE-USD.P | −0.0134% | 1h | 92.940 | −0.039% | $698K | $926K | 10x | as long as short |
| Arcus HYPE-USD | −0.0131% | 1h | 92.940 | −0.039% | $1.2M | $4.0M | 10x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 92.998 | +0.024% | $3K | $331 | 25x | as long as short |
| 01 Exchange HYPEUSD | −0.0040% | 1h | 92.991 | +0.016% | $90K | $361K | 20x | as long as short |
| Popdex HYPEUSDT | −0.0016% | 1h | 92.980 | +0.004% | $58K | $1.2M | 50x | as long as short |
| Aster HYPEUSDT | −0.0008% | 4h | 92.987 | +0.012% | $8.8M | $36.0M | 300x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 93.011 | +0.038% | $127K | $32K | 5x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 92.978 | +0.002% | $23K | $331K | 10x | as long as short |
Aftermath Perps HYPEUSD
Hibachi HYPE/USDT-P
Ondo Perps HYPE-USD.P
Arcus HYPE-USD
Hotstuff HYPE-PERP
01 Exchange HYPEUSD
Popdex HYPEUSDT
Aster HYPEUSDT
dYdX HYPE-USD
Perpl HYPEShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0001% | 1h | 93.017 | +0.045% | $20K | — | 150x | as long as short |
| Bybit HYPEUSDT | +0.0022% | 8h | 92.970 | −0.006% | $322.3M | $287.3M | 75x | as long as short |
| Orderly PERP_HYPE_USDC | +0.0022% | 4h | 92.990 | +0.015% | $171K | $518K | 20x | as long as short |
| Derive HYPE-PERP | +0.0033% | 1h | 92.953 | −0.025% | $16.2M | $7.1M | 10x | as long as short |
| Phoenix HYPE | +0.0034% | 1h | 93.030 | +0.058% | $214K | $1.2M | 10x | as long as short |
| Gate HYPE_USDT | +0.0046% | 4h | 92.975 | −0.001% | $43.8M | $58.5M | 75x | as long as short |
| Bullet HYPE-USD | +0.0057% | 1h | 92.980 | +0.004% | $111K | $580K | 20x | as long as short |
| MEXC HYPE_USDT | +0.0062% | 4h | 93.004 | +0.030% | $90.4M | $82.1M | 100x | as long as short |
| Binance HYPEUSDT | +0.0064% | 4h | 92.976 | 0.000% | $380.8M | $895.5M | 75x | as long as short |
| edgeX HYPEUSDC | +0.0074% | 4h | 92.953 | −0.025% | $5.0M | $29.6M | 30x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 93.053 | +0.083% | $18.5M | $59.0M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 92.984 | +0.009% | $3.1M | $12.2M | 20x | as long as short |
| Aevo HYPE-PERPlong | +0.0096% | 1h | 92.976 | long leg | $396K | $318K | 20x | |
| Paradex HYPE-USD-PERP | +0.0098% | 8h | 92.949 | −0.029% | $338K | $170K | 20x | as long as short |
| Katana Perps HYPE-USD | +0.0100% | 8h | 93.030 | +0.058% | $34K | $1.6M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 92.983 | +0.007% | $5.9M | $44.1M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 93.034 | +0.062% | $2.02B | $668.5M | 10x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 93.007 | +0.033% | $9.9M | $14.3M | 20x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0100% | 8h | 92.990 | +0.015% | $113.5M | $313.8M | 50x | as long as short |
| Bulk HYPE-USDshort | +0.0100% | 1h | 93.030 | +0.058% | $203K | $8K | 10x | |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 93.003 | +0.029% | $46.9M | $18.8M | 75x | as long as short |
| Bitget HYPEUSDT | +0.0100% | 4h | 92.997 | +0.023% | $225.4M | $103.2M | 75x | as long as short |
| BingX HYPE-USDT | +0.0100% | 4h | 92.978 | +0.002% | — | $53.9M | — | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 93.005 | +0.031% | $7.8M | $11.1M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 92.933 | −0.046% | $28.9M | $50.6M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 93.008 | +0.035% | $7.5M | $45.9M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 93.016 | +0.043% | $414K | $1.0M | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 93.007 | +0.033% | $673K | $2.5M | 20x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 93.021 | +0.048% | — | $454K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 93.013 | +0.040% | $492K | $2.5M | 20x | as long as short |
| Bluefin HYPE-PERP | +0.0100% | 1h | 93.006 | +0.032% | $75K | $167K | 20x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 93.005 | +0.031% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 92.998 | +0.024% | $2.0M | $2.0M | 10x | as long as short |
| Phemex HYPEUSDT | +0.0100% | 8h | 92.994 | +0.019% | $12.7M | $2.6M | 50x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 92.980 | +0.004% | $18.3M | $42.0M | 50x | as long as short |
| Kalshi KXHYPEPERP | +0.0108% | 8h | 93.055 | +0.085% | $1.9M | $5.3M | 2.3x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0176% | 1h | 92.990 | +0.015% | $4.9M | $5.7M | 50x | as long as short |
| Injective HYPE/USDC PERP | +0.0239% | 1h | 92.880 | −0.103% | $30K | $338K | 12x | as long as short |
| HTX HYPE-USDT | +0.0239% | 4h | 93.147 | +0.184% | $1.5M | $7.7M | 75x | as long as short |
| Reya HYPERUSDPERP | +0.0247% | 1h | 92.965 | −0.012% | $76K | $159K | 15x | as long as short |
| BloFin HYPE-USDT | +0.0254% | 4h | 92.996 | +0.022% | $16.9M | $12.5M | 75x | as long as short |
| RISEx HYPE/USDC | +0.0280% | 1h | 93.047 | +0.076% | $2.7M | $6.8M | 20x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0338% / S −0.0158% | 1h | 93.011 | +0.038% | $1.5M | — | 100x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0363% | 1h | 93.104 | +0.138% | $7.4M | $4.6M | 50x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0467% | 1h | 93.104 | +0.138% | $20.8M | $29.0M | 50x | as long as short |
gTrade (Gains Network) HYPE/USD
Bybit HYPEUSDT
Orderly PERP_HYPE_USDC
Derive HYPE-PERP
Phoenix HYPE
Gate HYPE_USDT
Bullet HYPE-USD
MEXC HYPE_USDT
Binance HYPEUSDT
edgeX HYPEUSDC
Lighter HYPE
Lighter RH HYPE
Paradex HYPE-USD-PERP
Katana Perps HYPE-USD
Nado HYPE-PERP
Hyperliquid HYPE
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
Bluefin HYPE-PERP
SunX HYPE-USDT
SoDEX HYPE-USD
Phemex HYPEUSDT
Extended HYPE-USD
Kalshi KXHYPEPERP
Coinbase International HYPE-PERP-INTX
Injective HYPE/USDC PERP
HTX HYPE-USDT
Reya HYPERUSDPERP
BloFin HYPE-USDT
RISEx HYPE/USDC
GMX HYPE/USD [WBTC.b-USDC]
Deribit HYPE_USDC-PERPETUAL
Kraken Futures PF_HYPEUSD