Funding you earn now, next payment 02:00 UTC−0.0176%/8h= −19.3% APRnext payment −$0.22 per $10,000 · paid last 24h −0.053%
Price spread now: Hotstuff against Aevo−0.206%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Hotstuff is 0.206% cheaper against Aevo than usual: you would sell low and buy high (−$21 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo HYPE-PERP | 93.675 | 0.0096 | pay 0.0012% / 1h | 32m 06s | $398K | $177K | 20x |
| Short | Hotstuff HYPE-PERP | 93.482 | −0.0080 | pay 0.0010% / 1h | 32m 06s | $3K | $331 | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Hotstuff 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
- −$36.96
- Price spread: −0.206% → 0.000%
- −$20.62
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Hotstuff: 2.5 bp × 2 orders
- −$5
- Net
- −$78.58
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage unknown: Aevo: live order book, 37 min ago; Hotstuff: 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, 37 min ago | 7.76 bp | 17.2 bp −$17 | 23.0 bp −$230 | 26.4 bp −$2,639 | doesn't fit |
| Sell Hotstuff no order-book sample | — | — | — | — | — |
Hotstuff: 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 54 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 | −0.0888% | 1h | 93.443 | −0.248% | $196K | $231K | 7x | as long as short |
| Arcus HYPE-USD | −0.0786% | 1h | 93.522 | −0.164% | $1.2M | $3.9M | 10x | as long as short |
| Aftermath Perps HYPEUSD | −0.0171% | 1h | 93.413 | −0.280% | $22K | $21K | 10x | as long as short |
| Phemex HYPEUSDT | −0.0117% | 8h | 93.596 | −0.085% | $12.7M | $2.7M | 50x | as long as short |
| Ondo Perps HYPE-USD.P | −0.0093% | 1h | 93.560 | −0.123% | $698K | $988K | 10x | as long as short |
| Hotstuff HYPE-PERPshort | −0.0080% | 1h | 93.482 | −0.206% | $3K | $331 | 25x | |
| 01 Exchange HYPEUSD | −0.0064% | 1h | 93.662 | −0.014% | $86K | $351K | 20x | as long as short |
| Backpack HYPE_USDC_PERP | −0.0059% | 1h | 93.619 | −0.060% | $7.8M | $10.4M | 20x | as long as short |
| Orderly PERP_HYPE_USDC | −0.0057% | 4h | 93.648 | −0.029% | $156K | $652K | 20x | as long as short |
| Gate HYPE_USDT | −0.0056% | 4h | 93.633 | −0.045% | $44.4M | $54.6M | 75x | as long as short |
Show all 54 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster HYPEUSDT | −0.0024% | 4h | 93.639 | −0.038% | $8.9M | $36.2M | 300x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 93.622 | −0.057% | $128K | $31K | 5x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 93.612 | −0.067% | $22K | $331K | 10x | as long as short |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0003% | 1h | 93.686 | +0.012% | $26K | — | 150x | as long as short |
| BingX HYPE-USDT | +0.0006% | 4h | 93.635 | −0.043% | — | $53.8M | — | as long as short |
| Bybit HYPEUSDT | +0.0006% | 8h | 93.613 | −0.066% | $321.6M | $284.4M | 75x | as long as short |
| MEXC HYPE_USDT | +0.0054% | 4h | 93.642 | −0.035% | $88.1M | $82.7M | 100x | as long as short |
| Binance HYPEUSDT | +0.0054% | 4h | 93.640 | −0.037% | $380.9M | $904.2M | 75x | as long as short |
| edgeX HYPEUSDC | +0.0059% | 4h | 93.458 | −0.232% | $5.1M | $30.0M | 30x | as long as short |
| Phoenix HYPE | +0.0060% | 1h | 93.170 | −0.539% | $210K | $1.2M | 10x | as long as short |
| Bullet HYPE-USD | +0.0060% | 1h | 93.676 | 0.000% | $112K | $578K | 20x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0065% | 8h | 93.630 | −0.048% | $115.1M | $315.3M | 50x | as long as short |
| Derive HYPE-PERP | +0.0079% | 1h | 93.626 | −0.052% | $16.2M | $7.7M | 10x | as long as short |
| Paradex HYPE-USD-PERP | +0.0094% | 8h | 93.646 | −0.032% | $340K | $165K | 20x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 93.647 | −0.030% | $16.4M | $62.4M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 93.650 | −0.027% | $3.1M | $11.9M | 20x | as long as short |
| Popdex HYPEUSDT | +0.0096% | 1h | 93.655 | −0.022% | $66K | $1.2M | 50x | as long as short |
| Aevo HYPE-PERPlong | +0.0096% | 1h | 93.675 | long leg | $398K | $177K | 20x | |
| Katana Perps HYPE-USD | +0.0100% | 8h | 93.590 | −0.091% | $21K | $1.6M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 93.641 | −0.037% | $5.7M | $45.2M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 93.745 | +0.075% | $2.05B | $670.4M | 10x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 93.619 | −0.060% | $10.1M | $14.8M | 20x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 93.660 | −0.016% | $46.2M | $18.4M | 75x | as long as short |
| Bitget HYPEUSDT | +0.0100% | 4h | 93.637 | −0.041% | $226.5M | $100.3M | 75x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 93.411 | −0.283% | $31.0M | $54.9M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 93.516 | −0.170% | $7.5M | $48.3M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 93.468 | −0.221% | $338K | $1.1M | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 93.477 | −0.212% | $667K | $2.6M | 20x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 93.666 | −0.010% | — | $243K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 93.708 | +0.035% | $469K | $2.5M | 20x | as long as short |
| Bluefin HYPE-PERP | +0.0100% | 1h | 93.649 | −0.028% | $79K | $172K | 20x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 93.748 | +0.078% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 93.644 | −0.033% | $2.0M | $2.0M | 10x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 93.348 | −0.350% | $203K | $10K | 10x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 93.600 | −0.080% | $18.4M | $44.5M | 50x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0136% | 1h | 93.740 | +0.069% | $4.9M | $5.6M | 50x | as long as short |
| Injective HYPE/USDC PERP | +0.0137% | 1h | 93.490 | −0.198% | $30K | $339K | 12x | as long as short |
| RISEx HYPE/USDC | +0.0210% | 1h | 93.676 | +0.001% | $2.7M | $6.7M | 20x | as long as short |
| HTX HYPE-USDT | +0.0218% | 4h | 93.815 | +0.149% | $1.4M | $5.9M | 75x | as long as short |
| Reya HYPERUSDPERP | +0.0254% | 1h | 93.667 | −0.009% | $80K | $140K | 15x | as long as short |
| Kalshi KXHYPEPERP | +0.0266% | 8h | 93.514 | −0.172% | $1.9M | $5.1M | 2.3x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0335% / S −0.0158% | 1h | 93.691 | +0.017% | $1.4M | — | 100x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0519% | 1h | 93.752 | +0.082% | $7.5M | $4.5M | 50x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0680% | 1h | 93.731 | +0.059% | $20.9M | $30.1M | 50x | as long as short |
Aftermath Perps HYPEUSD
Phemex HYPEUSDT
01 Exchange HYPEUSD
Backpack HYPE_USDC_PERP
Gate HYPE_USDT
Aster HYPEUSDT
gTrade (Gains Network) HYPE/USD
BingX HYPE-USDT
Bybit HYPEUSDT
MEXC HYPE_USDT
Binance HYPEUSDT
edgeX HYPEUSDC
Phoenix HYPE
Bullet HYPE-USD
OKX HYPE-USDT-SWAP
Derive HYPE-PERP
Paradex HYPE-USD-PERP
Lighter HYPE
Lighter RH HYPE
Popdex HYPEUSDT
Katana Perps HYPE-USD
Hyperliquid HYPE
Pacifica HYPE
KuCoin HYPEUSDTM
Bitget HYPEUSDT
Variational Omni HYPE
GRVT HYPE_USDT_Perp
ApeX Omni HYPEUSDT
StandX HYPE-USD
Polymarket Perps HYPE-USD
Bluefin HYPE-PERP
SunX HYPE-USDT
SoDEX HYPE-USD
Bulk HYPE-USD
Extended HYPE-USD
Coinbase International HYPE-PERP-INTX
Injective HYPE/USDC PERP
RISEx HYPE/USDC
HTX HYPE-USDT
Kalshi KXHYPEPERP
GMX HYPE/USD [WBTC.b-USDC]
Deribit HYPE_USDC-PERPETUAL
Kraken Futures PF_HYPEUSD