Funding you earn now, next payment 06:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.00 per $10,000 · paid last 24h −0.015%
Price spread now: Derive against Aevo−0.016%7-day average −0.033% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.036%−$4 on $10k
+Price spread, last 4 days (all we have)+0.004%$0 · spread now −0.016%, 7d avg −0.033%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo HYPE-PERP | 93.179 | 0.0104 | pay 0.0013% / 1h | 41m 19s | $394K | $161K | 20x |
| Short | Derive HYPE-PERP | 93.164 | 0.0100 | get 0.0013% / 1h | 41m 19s | $16.1M | $7.5M | 10x |
Aevo HYPE-PERP
Derive HYPE-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Derive 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: −0.016% → −0.033%
- $1.74
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Derive: 3 bp × 2 orders
- −$6
- Net
- −$21.1
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: Aevo: live order book, 8 min ago; Derive: 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 Aevo live order book, 8 min ago | 7.18 bp | 15.4 bp −$15 | 17.9 bp −$179 | 23.3 bp −$2,333 | doesn't fit |
| Sell Derive no order-book sample | — | — | — | — | — |
Derive: 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 | −0.1760% | 1h | 93.205 | +0.029% | $196K | $232K | 7x | as long as short |
| Aftermath Perps HYPEUSD | −0.0367% | 1h | 93.431 | +0.271% | $22K | $21K | 10x | as long as short |
| Bullet HYPE-USD | −0.0081% | 1h | 93.186 | +0.008% | $111K | $578K | 20x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 93.322 | +0.154% | $3K | $331 | 25x | as long as short |
| Orderly PERP_HYPE_USDC | −0.0024% | 4h | 93.178 | −0.001% | $146K | $663K | 20x | as long as short |
| 01 Exchange HYPEUSD | −0.0024% | 1h | 93.252 | +0.079% | $87K | $366K | 20x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 93.319 | +0.150% | $128K | $29K | 5x | as long as short |
| Kalshi KXHYPEPERP | 0.0000% | 8h | 93.214 | +0.038% | $1.8M | $5.6M | 2.3x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 93.239 | +0.065% | $22K | $290K | 10x | as long as short |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0002% | 1h | 93.196 | +0.018% | $62K | — | 150x | as long as short |
Hibachi HYPE/USDT-P
Aftermath Perps HYPEUSD
Bullet HYPE-USD
Hotstuff HYPE-PERP
Orderly PERP_HYPE_USDC
01 Exchange HYPEUSD
dYdX HYPE-USD
Kalshi KXHYPEPERP
Perpl HYPE
gTrade (Gains Network) HYPE/USDShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus HYPE-USD | +0.0011% | 1h | 93.207 | +0.031% | $1.0M | $3.9M | 10x | as long as short |
| Bitget HYPEUSDT | +0.0016% | 4h | 93.171 | −0.008% | $225.4M | $98.9M | 75x | as long as short |
| Ondo Perps HYPE-USD.P | +0.0019% | 1h | 93.260 | +0.087% | $701K | $1.2M | 10x | as long as short |
| Bybit HYPEUSDT | +0.0023% | 8h | 93.160 | −0.020% | $316.6M | $283.7M | 75x | as long as short |
| Phoenix HYPE | +0.0026% | 1h | 93.305 | +0.136% | $209K | $1.2M | 10x | as long as short |
| Phemex HYPEUSDT | +0.0036% | 8h | 93.209 | +0.033% | $12.6M | $2.7M | 50x | as long as short |
| edgeX HYPEUSDC | +0.0084% | 4h | 93.341 | +0.174% | $5.0M | $29.9M | 30x | as long as short |
| Paradex HYPE-USD-PERP | +0.0095% | 8h | 93.282 | +0.111% | $339K | $162K | 20x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 93.203 | +0.026% | $16.1M | $63.0M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 93.198 | +0.021% | $3.1M | $11.4M | 20x | as long as short |
| Popdex HYPEUSDT | +0.0096% | 1h | 93.225 | +0.050% | $77K | $1.1M | 50x | as long as short |
| Katana Perps HYPE-USD | +0.0099% | 8h | 93.230 | +0.055% | $28K | $1.7M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 93.219 | +0.043% | $8.0M | $48.5M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 93.267 | +0.095% | $2.03B | $668.4M | 10x | as long as short |
| Aster HYPEUSDT | +0.0100% | 4h | 93.155 | −0.026% | $8.7M | $36.4M | 300x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 93.267 | +0.095% | $10.1M | $15.4M | 20x | as long as short |
| Binance HYPEUSDT | +0.0100% | 4h | 93.139 | −0.042% | $373.2M | $912.4M | 75x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0100% | 8h | 93.169 | −0.010% | $114.4M | $308.6M | 50x | as long as short |
| Gate HYPE_USDT | +0.0100% | 4h | 93.164 | −0.016% | $46.4M | $54.1M | 75x | as long as short |
| MEXC HYPE_USDT | +0.0100% | 4h | 93.223 | +0.048% | $90.5M | $80.5M | 100x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 93.183 | +0.005% | $46.0M | $18.8M | 75x | as long as short |
| BingX HYPE-USDT | +0.0100% | 4h | 93.173 | −0.006% | — | $53.9M | — | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 93.373 | +0.209% | $7.3M | $10.9M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 93.419 | +0.258% | $28.7M | $56.6M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 93.468 | +0.311% | $7.5M | $47.1M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 93.345 | +0.179% | $342K | $1.0M | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 93.354 | +0.188% | $668K | $2.9M | 20x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 93.298 | +0.128% | — | $243K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 93.237 | +0.063% | $501K | $2.7M | 20x | as long as short |
| Bluefin HYPE-PERP | +0.0100% | 1h | 93.189 | +0.011% | $79K | $166K | 20x | as long as short |
| Derive HYPE-PERPshort | +0.0100% | 1h | 93.164 | −0.016% | $16.1M | $7.5M | 10x | |
| SunX HYPE-USDT | +0.0100% | 4h | 93.218 | +0.042% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 93.190 | +0.012% | $2.0M | $1.9M | 10x | as long as short |
| HTX HYPE-USDT | +0.0100% | 4h | 93.350 | +0.184% | $1.4M | $6.4M | 75x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 93.344 | +0.178% | $215K | $15K | 10x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 93.149 | −0.032% | $18.1M | $43.2M | 50x | as long as short |
| Aevo HYPE-PERPlong | +0.0104% | 1h | 93.179 | long leg | $394K | $161K | 20x | |
| Injective HYPE/USDC PERP | +0.0122% | 1h | 93.190 | +0.012% | $30K | $339K | 12x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0144% | 1h | 93.260 | +0.087% | $4.8M | $5.6M | 50x | as long as short |
| Reya HYPERUSDPERP | +0.0268% | 1h | 93.204 | +0.027% | $80K | $131K | 15x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0332% / S −0.0154% | 1h | 93.209 | +0.033% | $1.4M | — | 100x | as long as short |
| BloFin HYPE-USDT | +0.0340% | 4h | 93.200 | +0.023% | $16.8M | $11.9M | 75x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0342% | 1h | 93.264 | +0.092% | $20.8M | $29.6M | 50x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0415% | 1h | 93.276 | +0.105% | $7.5M | $4.0M | 50x | as long as short |
| RISEx HYPE/USDC | +0.0527% | 1h | 93.302 | +0.133% | $3.2M | $6.2M | 20x | as long as short |
Arcus HYPE-USD
Bitget HYPEUSDT
Ondo Perps HYPE-USD.P
Bybit HYPEUSDT
Phoenix HYPE
Phemex HYPEUSDT
edgeX HYPEUSDC
Paradex HYPE-USD-PERP
Lighter HYPE
Lighter RH HYPE
Popdex HYPEUSDT
Katana Perps HYPE-USD
Nado HYPE-PERP
Hyperliquid HYPE
Aster HYPEUSDT
Pacifica HYPE
Binance HYPEUSDT
OKX HYPE-USDT-SWAP
Gate HYPE_USDT
MEXC HYPE_USDT
KuCoin HYPEUSDTM
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
HTX HYPE-USDT
Bulk HYPE-USD
Extended HYPE-USD
Injective HYPE/USDC PERP
Coinbase International HYPE-PERP-INTX
Reya HYPERUSDPERP
GMX HYPE/USD [WBTC.b-USDC]
BloFin HYPE-USDT
Kraken Futures PF_HYPEUSD
Deribit HYPE_USDC-PERPETUAL
RISEx HYPE/USDC