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

HYPE

all HYPE markets
SwapBacktest
Alert: funding
Measured
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Alert: spread
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding you earn now, next payment 22:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.00 per $10,000 · paid last 24h −0.002%
Price spread now: Polymarket Perps against Aevo+0.028%7-day average −0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$48as in the Funding arb table
Net, price: spread back to 7d avg − costs−$38as in the Price arb table
costs, in and out, $10k−$420.419% of the position
Long on AevoShort on Polymarket Perps
What this pair did over the last
the charts below follow
Funding, last 7 days−0.064%−$6 on $10k
Price spread, last 3 days (all we have)+0.091%+$9 · spread now +0.028%, 7d avg −0.005%
Together, before fees+0.026%+$3 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Polymarket Perps is 0.034% dearer against Aevo than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.005%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo HYPE-PERP93.4200.0104pay 0.0013% / 1h45m 10s$397K$318K20x
ShortPolymarket Perps HYPE-USD93.4470.0100get 0.0013% / 1h45m 10s$493K$2.6M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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
−$0.84
Price spread: +0.028% → −0.005%
$3.39
Slippage, 4 orders
−$17.87
Fee Aevo: 8 bp × 2 orders
−$16
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$39.32
Costs to cover
0.419%
Break-even
never at this rate
Slippage from Aevo: live order book, 44 min ago; Polymarket Perps: live order book, 4 min ago.

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, 44 min ago6.65 bp16.8 bp −$1718.3 bp −$18320.3 bp −$2,031doesn't fit
Sell Polymarket Perps live order book, 4 min ago0.96 bp5.2 bp −$55.8 bp −$5811.8 bp −$1,181doesn't fit

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−0.1240%1h93.386−0.036%$197K$233K7xas long as short
Ondo Perps HYPE-USD.P−0.0202%1h93.330−0.097%$701K$943K10xas long as short
Aftermath Perps HYPEUSD−0.0188%1h93.399−0.023%$22K$22K10xas long as short
01 Exchange HYPEUSD−0.0080%1h93.422+0.002%$89K$345K20xas long as short
Hotstuff HYPE-PERP−0.0080%1h93.423+0.003%$3K$33125xas long as short
dYdX HYPE-USD0.0000%1h93.504+0.089%$127K$33K5xas long as short
Kalshi KXHYPEPERP0.0000%8h93.504+0.090%$1.9M$5.4M2.3xas long as short
Perpl HYPE0.0000%43m93.434+0.015%$23K$343K10xas long as short
gTrade (Gains Network) HYPE/USDL +0.0002% / S −0.0001%1h93.430+0.010%$19K—150xas long as short
Aster HYPEUSDT+0.0012%4h93.419−0.002%$8.9M$36.1M300xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Derive HYPE-PERP+0.0017%1h93.351−0.074%$16.4M$7.1M10xas long as short
Bullet HYPE-USD+0.0019%1h93.411−0.010%$113K$583K20xas long as short
Gate HYPE_USDT+0.0022%4h93.390−0.033%$44.2M$56.3M75xas long as short
Bybit HYPEUSDT+0.0039%8h93.381−0.042%$325.3M$287.8M75xas long as short
Phoenix HYPE+0.0068%1h93.408−0.013%$216K$1.2M10xas long as short
Orderly PERP_HYPE_USDC+0.0075%4h93.419−0.001%$180K$536K20xas long as short
Lighter HYPE+0.0096%1h93.435+0.016%$18.5M$59.4M20xas long as short
Lighter RH HYPE+0.0096%1h93.413−0.008%$3.1M$12.3M20xas long as short
Popdex HYPEUSDT+0.0096%1h93.397−0.025%$56K$1.2M50xas long as short
Katana Perps HYPE-USD+0.0100%8h93.440+0.021%$40K$1.7M10xas long as short
Nado HYPE-PERP+0.0100%1h93.396−0.026%$6.0M$44.3M10xas long as short
Hyperliquid HYPE+0.0100%1h93.455+0.037%$2.03B$669.3M10xas long as short
Pacifica HYPE+0.0100%1h93.428+0.008%$10.0M$14.5M20xas long as short
Binance HYPEUSDT+0.0100%4h93.376−0.047%$385.7M$888.3M75xas long as short
OKX HYPE-USDT-SWAP+0.0100%8h93.366−0.058%$114.7M$315.3M50xas long as short
Arcus HYPE-USD+0.0100%1h93.396−0.026%$1.2M$4.0M10xas long as short
Bulk HYPE-USD+0.0100%1h93.335−0.091%$204K$12K10xas long as short
MEXC HYPE_USDT+0.0100%4h93.383−0.040%$93.0M$81.9M100xas long as short
KuCoin HYPEUSDTM+0.0100%4h93.404−0.018%$46.3M$19.3M75xas long as short
Bitget HYPEUSDT+0.0100%4h93.402−0.020%$226.8M$102.0M75xas long as short
BingX HYPE-USDT+0.0100%4h93.387−0.036%—$54.3M—as long as short
Backpack HYPE_USDC_PERP+0.0100%1h93.415−0.006%$7.9M$11.7M20xas long as short
Variational Omni HYPE+0.0100%8h93.375−0.048%$28.8M$49.9M—as long as short
GRVT HYPE_USDT_Perp+0.0100%4h93.445+0.026%$7.5M$45.8M10xas long as short
ApeX Omni HYPEUSDT+0.0100%1h93.456+0.038%$406K$1.0M50xas long as short
StandX HYPE-USD+0.0100%1h93.481+0.065%$676K$2.4M20xas long as short
Vest HYPE-PERP+0.0100%1h93.462+0.044%—$454K5xas long as short
Polymarket Perps HYPE-USDshort+0.0100%1h93.447+0.028%$493K$2.6M20x
Bluefin HYPE-PERP+0.0100%1h93.402−0.020%$76K$168K20xas long as short
SunX HYPE-USDT+0.0100%4h93.445+0.026%$32K$1.6M20xas long as short
SoDEX HYPE-USD+0.0100%1h93.375−0.049%$2.0M$2.0M10xas long as short
Phemex HYPEUSDT+0.0100%8h93.407−0.014%$12.7M$2.6M50xas long as short
Paradex HYPE-USD-PERP+0.0100%8h93.450+0.032%$339K$171K20xas long as short
Extended HYPE-USD+0.0104%1h93.366−0.058%$18.4M$41.1M50xas long as short
Aevo HYPE-PERPlong+0.0104%1h93.420long leg$397K$318K20x
edgeX HYPEUSDC+0.0107%4h93.435+0.015%$5.1M$29.5M30xas long as short
Coinbase International HYPE-PERP-INTX+0.0208%1h93.500+0.085%$4.9M$5.7M50xas long as short
Deribit HYPE_USDC-PERPETUAL+0.0242%1h93.495+0.080%$7.4M$4.6M50xas long as short
Reya HYPERUSDPERP+0.0245%1h93.404−0.017%$77K$157K15xas long as short
Injective HYPE/USDC PERP+0.0285%1h93.330−0.097%$30K$231K12xas long as short
GMX HYPE/USD [WBTC.b-USDC]L +0.0339% / S −0.0165%1h93.445+0.027%$1.4M—100xas long as short
BloFin HYPE-USDT+0.0340%4h93.405−0.016%$17.1M$12.5M75xas long as short
HTX HYPE-USDT+0.0381%4h93.573+0.163%$1.5M$7.6M75xas long as short
RISEx HYPE/USDC+0.0467%1h93.474+0.057%$2.7M$6.8M20xas long as short
Kraken Futures PF_HYPEUSD+0.0574%1h93.481+0.065%$19.2M$25.8M50xas long as short