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

HYPE

all HYPE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0102%/8h= −11.1% APRnext payment $0.13 per $10,000 · paid last 24h −0.029%
Price spread now: gTrade (Gains Network) against Aevo+0.008%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo HYPE-PERP93.9480.0104pay 0.0013% / 1h19m 03s$397K$158K20x
ShortgTrade (Gains Network) HYPE/USD93.956L +0.0002% / S −0.0002%get 0.0000% / 1h19m 03s$62K150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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
−$21.38
Price spread: +0.008% → 0.000%
$0.85
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$46.53
Costs to cover
0.260%
Break-even
never at this rate
Slippage unknown: Aevo: live order book, 30 min ago; gTrade (Gains Network): 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
LegHalf-spread$10k$100k$1M$5M
Buy Aevo live order book, 30 min ago7.18 bp15.4 bp −$1517.9 bp −$17923.3 bp −$2,333doesn't fit
Sell gTrade (Gains Network) no order-book sample
gTrade (Gains Network): 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hibachi HYPE/USDT-P−0.1376%1h93.862−0.091%$199K$239K7xas long as short
Aftermath Perps HYPEUSD−0.0422%1h93.521−0.454%$22K$21K10xas long as short
Hotstuff HYPE-PERP−0.0080%1h93.906−0.044%$3K$33125xas long as short
Bullet HYPE-USD−0.0041%1h93.921−0.029%$112K$580K20xas long as short
Orderly PERP_HYPE_USDC−0.0018%4h93.905−0.045%$146K$672K20xas long as short
dYdX HYPE-USD0.0000%1h93.915−0.035%$129K$29K5xas long as short
01 Exchange HYPEUSD0.0000%1h93.9480.000%$88K$365K20xas long as short
Perpl HYPE0.0000%43m93.951+0.004%$22K$290K10xas long as short
gTrade (Gains Network) HYPE/USDshortL +0.0002% / S −0.0002%1h93.956+0.008%$62K150x
Arcus HYPE-USD+0.0011%1h93.888−0.063%$1.0M$3.9M10xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget HYPEUSDT+0.0014%4h94.021+0.078%$226.9M$98.9M75xas long as short
Bybit HYPEUSDT+0.0020%8h94.007+0.063%$319.0M$283.3M75xas long as short
Phoenix HYPE+0.0026%1h93.624−0.344%$208K$1.2M10xas long as short
Phemex HYPEUSDT+0.0031%8h93.952+0.005%$12.8M$2.8M50xas long as short
Ondo Perps HYPE-USD.P+0.0047%1h93.870−0.083%$704K$1.2M10xas long as short
edgeX HYPEUSDC+0.0094%4h93.626−0.342%$5.0M$29.9M30xas long as short
Paradex HYPE-USD-PERP+0.0094%8h93.987+0.042%$342K$157K20xas long as short
Lighter HYPE+0.0096%1h93.954+0.007%$16.2M$63.3M20xas long as short
Lighter RH HYPE+0.0096%1h93.960+0.013%$3.1M$11.5M20xas long as short
Popdex HYPEUSDT+0.0096%1h93.930−0.019%$73K$1.2M50xas long as short
Katana Perps HYPE-USD+0.0100%8h93.750−0.210%$28K$1.7M10xas long as short
Nado HYPE-PERP+0.0100%1h93.910−0.039%$7.8M$48.5M10xas long as short
Hyperliquid HYPE+0.0100%1h94.052+0.111%$2.05B$671.5M10xas long as short
Aster HYPEUSDT+0.0100%4h94.042+0.100%$8.8M$36.5M300xas long as short
Pacifica HYPE+0.0100%1h93.970+0.024%$10.1M$15.4M20xas long as short
Binance HYPEUSDT+0.0100%4h94.042+0.101%$377.1M$916.9M75xas long as short
OKX HYPE-USDT-SWAP+0.0100%8h94.018+0.075%$116.1M$314.1M50xas long as short
Bulk HYPE-USD+0.0100%1h93.358−0.627%$216K$15K10xas long as short
Gate HYPE_USDT+0.0100%4h94.012+0.069%$47.4M$54.6M75xas long as short
MEXC HYPE_USDT+0.0100%4h94.010+0.066%$90.6M$81.7M100xas long as short
KuCoin HYPEUSDTM+0.0100%4h94.048+0.107%$46.5M$18.9M75xas long as short
BingX HYPE-USDT+0.0100%4h93.981+0.036%$53.9Mas long as short
Backpack HYPE_USDC_PERP+0.0100%1h94.021+0.078%$7.2M$10.7M20xas long as short
Variational Omni HYPE+0.0100%8h93.699−0.265%$28.6M$56.2Mas long as short
GRVT HYPE_USDT_Perp+0.0100%4h93.275−0.716%$7.5M$47.3M10xas long as short
ApeX Omni HYPEUSDT+0.0100%1h93.227−0.767%$342K$997K50xas long as short
StandX HYPE-USD+0.0100%1h93.924−0.025%$672K$2.8M20xas long as short
Vest HYPE-PERP+0.0100%1h93.976+0.030%$243K5xas long as short
Polymarket Perps HYPE-USD+0.0100%1h93.953+0.006%$482K$2.7M20xas long as short
Bluefin HYPE-PERP+0.0100%1h93.959+0.012%$79K$166K20xas long as short
Derive HYPE-PERP+0.0100%1h93.933−0.016%$16.2M$7.4M10xas long as short
SunX HYPE-USDT+0.0100%4h94.003+0.059%$32K$1.6M20xas long as short
SoDEX HYPE-USD+0.0100%1h93.944−0.004%$2.0M$1.9M10xas long as short
HTX HYPE-USDT+0.0100%4h94.100+0.162%$1.4M$6.5M75xas long as short
Extended HYPE-USD+0.0104%1h93.997+0.053%$18.2M$43.2M50xas long as short
Aevo HYPE-PERPlong+0.0104%1h93.948long leg$397K$158K20x
Kalshi KXHYPEPERP+0.0119%8h93.986+0.041%$1.8M$5.6M2.3xas long as short
Injective HYPE/USDC PERP+0.0122%1h94.080+0.141%$30K$339K12xas long as short
Coinbase International HYPE-PERP-INTX+0.0144%1h93.950+0.003%$4.6M$5.8M50xas long as short
Reya HYPERUSDPERP+0.0270%1h93.934−0.015%$80K$127K15xas long as short
Deribit HYPE_USDC-PERPETUAL+0.0293%1h94.028+0.086%$7.5M$4.1M50xas long as short
GMX HYPE/USD [WBTC.b-USDC]L +0.0333% / S −0.0154%1h93.946−0.001%$1.4M100xas long as short
Kraken Futures PF_HYPEUSD+0.0339%1h94.012+0.069%$21.0M$29.5M50xas long as short
BloFin HYPE-USDT+0.0340%4h93.930−0.019%$16.9M$12.0M75xas long as short
RISEx HYPE/USDC+0.0527%1h93.956+0.009%$3.2M$6.3M20xas long as short