Funding you earn now, next payment 06:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.024%
Price spread now: OKX against Aevo−0.013%7-day average −0.020% · you buy dearer than you sell
Net, funding: paid 7d − costs−$50as in the Funding arb table
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$430.429% of the position
Funding, last 7 days−0.073%−$7 on $10k
+Price spread, last 4 days (all we have)+0.054%+$5 · spread now −0.013%, 7d avg −0.020%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo HYPE-PERP | 93.716 | 0.0104 | pay 0.0013% / 1h | 21m 14s | $396K | $158K | 20x |
| Short | OKX HYPE-USDT-SWAP | 93.704 | 0.0100 | get 0.0100% / 8h | 2h 21m | $115.5M | $311.7M | 50x |
Aevo HYPE-PERP
OKX HYPE-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: −0.013% → −0.020%
- $0.65
- Slippage, 4 orders
- −$16.86
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$43.04
- Costs to cover
- 0.429%
- Break-even
- never at this rate
Slippage from Aevo: live order book, 28 min ago; OKX: live order book, 3 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, 28 min ago | 7.18 bp | 15.4 bp −$15 | 17.9 bp −$179 | 23.3 bp −$2,333 | doesn't fit |
| Sell OKX live order book, 3 min ago | 0.05 bp | 6.0 bp −$6 | 9.7 bp −$97 | 19.4 bp −$1,942 | doesn't fit |
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 | −0.1392% | 1h | 93.393 | −0.345% | $197K | $238K | 7x | as long as short |
| Aftermath Perps HYPEUSD | −0.0396% | 1h | 93.328 | −0.414% | $22K | $21K | 10x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 93.513 | −0.217% | $3K | $331 | 25x | as long as short |
| Bullet HYPE-USD | −0.0049% | 1h | 93.749 | +0.035% | $111K | $581K | 20x | as long as short |
| Orderly PERP_HYPE_USDC | −0.0019% | 4h | 93.684 | −0.034% | $146K | $672K | 20x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 93.560 | −0.167% | $128K | $29K | 5x | as long as short |
| 01 Exchange HYPEUSD | 0.0000% | 1h | 93.791 | +0.080% | $88K | $365K | 20x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 93.772 | +0.059% | $22K | $290K | 10x | as long as short |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0002% | 1h | 93.760 | +0.047% | $62K | — | 150x | as long as short |
| Arcus HYPE-USD | +0.0011% | 1h | 93.637 | −0.085% | $1.0M | $3.9M | 10x | as long as short |
Hibachi HYPE/USDT-P
Aftermath Perps HYPEUSD
Hotstuff HYPE-PERP
Bullet HYPE-USD
Orderly PERP_HYPE_USDC
dYdX HYPE-USD
01 Exchange HYPEUSD
Perpl HYPE
gTrade (Gains Network) HYPE/USD
Arcus HYPE-USDShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget HYPEUSDT | +0.0012% | 4h | 93.689 | −0.029% | $226.0M | $98.9M | 75x | as long as short |
| Bybit HYPEUSDT | +0.0018% | 8h | 93.700 | −0.017% | $318.1M | $282.4M | 75x | as long as short |
| Phoenix HYPE | +0.0026% | 1h | 93.624 | −0.098% | $208K | $1.2M | 10x | as long as short |
| Ondo Perps HYPE-USD.P | +0.0032% | 1h | 93.620 | −0.103% | $704K | $1.2M | 10x | as long as short |
| Phemex HYPEUSDT | +0.0046% | 8h | 93.732 | +0.017% | $12.8M | $2.8M | 50x | as long as short |
| edgeX HYPEUSDC | +0.0094% | 4h | 93.211 | −0.539% | $5.0M | $29.9M | 30x | as long as short |
| Paradex HYPE-USD-PERP | +0.0094% | 8h | 93.566 | −0.160% | $340K | $157K | 20x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 93.529 | −0.200% | $16.1M | $63.2M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 93.554 | −0.173% | $3.1M | $11.5M | 20x | as long as short |
| Popdex HYPEUSDT | +0.0096% | 1h | 93.758 | +0.044% | $73K | $1.2M | 50x | as long as short |
| Katana Perps HYPE-USD | +0.0100% | 8h | 93.690 | −0.028% | $28K | $1.7M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 93.731 | +0.015% | $8.0M | $48.4M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 93.793 | +0.082% | $2.04B | $667.3M | 10x | as long as short |
| Aster HYPEUSDT | +0.0100% | 4h | 93.716 | −0.001% | $8.7M | $36.4M | 300x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 93.590 | −0.135% | $10.1M | $15.3M | 20x | as long as short |
| Binance HYPEUSDT | +0.0100% | 4h | 93.729 | +0.014% | $375.9M | $912.7M | 75x | as long as short |
| OKX HYPE-USDT-SWAPshort | +0.0100% | 8h | 93.704 | −0.013% | $115.5M | $311.7M | 50x | |
| Bulk HYPE-USD | +0.0100% | 1h | 93.358 | −0.382% | $216K | $15K | 10x | as long as short |
| Gate HYPE_USDT | +0.0100% | 4h | 93.762 | +0.049% | $47.2M | $54.5M | 75x | as long as short |
| MEXC HYPE_USDT | +0.0100% | 4h | 93.772 | +0.059% | $90.5M | $81.6M | 100x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 93.729 | +0.014% | $46.4M | $18.8M | 75x | as long as short |
| BingX HYPE-USDT | +0.0100% | 4h | 93.746 | +0.032% | — | $53.8M | — | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 93.524 | −0.205% | $7.2M | $10.7M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 93.070 | −0.690% | $28.4M | $56.3M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 93.275 | −0.471% | $7.5M | $47.3M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 93.227 | −0.522% | $342K | $997K | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 93.427 | −0.309% | $668K | $2.8M | 20x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 93.723 | +0.007% | — | $243K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 93.730 | +0.015% | $486K | $2.7M | 20x | as long as short |
| Bluefin HYPE-PERP | +0.0100% | 1h | 93.721 | +0.005% | $79K | $166K | 20x | as long as short |
| Derive HYPE-PERP | +0.0100% | 1h | 93.698 | −0.019% | $16.2M | $7.4M | 10x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 93.593 | −0.132% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 93.717 | +0.001% | $2.0M | $1.9M | 10x | as long as short |
| HTX HYPE-USDT | +0.0100% | 4h | 93.849 | +0.142% | $1.4M | $6.5M | 75x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 93.678 | −0.041% | $18.2M | $43.2M | 50x | as long as short |
| Aevo HYPE-PERPlong | +0.0104% | 1h | 93.716 | long leg | $396K | $158K | 20x | |
| Kalshi KXHYPEPERP | +0.0108% | 8h | 93.470 | −0.263% | $1.8M | $5.6M | 2.3x | as long as short |
| Injective HYPE/USDC PERP | +0.0122% | 1h | 93.620 | −0.103% | $30K | $339K | 12x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0144% | 1h | 93.800 | +0.089% | $4.6M | $5.8M | 50x | as long as short |
| Reya HYPERUSDPERP | +0.0269% | 1h | 93.767 | +0.054% | $80K | $127K | 15x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0333% / S −0.0154% | 1h | 93.765 | +0.052% | $1.4M | — | 100x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0340% | 1h | 93.796 | +0.085% | $20.9M | $29.4M | 50x | as long as short |
| BloFin HYPE-USDT | +0.0340% | 4h | 93.312 | −0.431% | $16.8M | $11.9M | 75x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0486% | 1h | 93.802 | +0.091% | $7.5M | $4.1M | 50x | as long as short |
| RISEx HYPE/USDC | +0.0527% | 1h | 93.742 | +0.027% | $3.2M | $6.2M | 20x | as long as short |
Bitget HYPEUSDT
Bybit HYPEUSDT
Phoenix HYPE
Ondo Perps HYPE-USD.P
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
Bulk HYPE-USD
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
Derive HYPE-PERP
SunX HYPE-USDT
SoDEX HYPE-USD
HTX HYPE-USDT
Extended HYPE-USD
Kalshi KXHYPEPERP
Injective HYPE/USDC PERP
Coinbase International HYPE-PERP-INTX
Reya HYPERUSDPERP
GMX HYPE/USD [WBTC.b-USDC]
Kraken Futures PF_HYPEUSD
BloFin HYPE-USDT
Deribit HYPE_USDC-PERPETUAL
RISEx HYPE/USDC