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

HYPE

all HYPE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0589%/8h= +64.5% APRpaid last 24h −0.024%
Price spread now: Bitget against Aftermath Perps+0.179%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
Both sides work for this trade now. Funding pays +$18 a day on $10k at the current rate, and Bitget is 0.179% dearer against Aftermath Perps than usual: you sell high and buy low: +$18 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAftermath Perps HYPEUSD93.462−0.0489get 0.0061% / 1h1m 20s$22K$22K10x
ShortBitget HYPEUSDT93.6290.0100get 0.0050% / 4h1h 01m$227.1M$102.2M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Aftermath Perps. 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
$123.65
Price spread: +0.179% → 0.000%
$17.88
Slippage, 4 orders
no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Fee Bitget: 6 bp × 2 orders
−$12
Net
$120.54
Costs to cover
0.210%
Break-even
0.2 days
Slippage unknown: Aftermath Perps: no order-book sample; Bitget: live order book, 3 min ago. 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 Aftermath Perps no order-book sample
Sell Bitget live order book, 3 min ago0.05 bp7.4 bp −$712.0 bp −$120doesn't fitdoesn't fit
Aftermath Perps: 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
Aftermath Perps HYPEUSDlong−0.0489%1h93.462long leg$22K$22K10x
Hibachi HYPE/USDT-P−0.0456%1h93.528+0.071%$197K$228K7xas long as short
Arcus HYPE-USD−0.0131%1h93.492+0.032%$1.2M$3.8M10xas long as short
Ondo Perps HYPE-USD.P−0.0128%1h93.470+0.009%$701K$898K10xas long as short
Hotstuff HYPE-PERP−0.0080%1h93.571+0.117%$3K$33125xas long as short
01 Exchange HYPEUSD−0.0016%1h93.580+0.126%$91K$357K20xas long as short
dYdX HYPE-USD0.0000%1h93.615+0.164%$127K$32K5xas long as short
Perpl HYPE0.0000%43m93.590+0.137%$23K$330K10xas long as short
gTrade (Gains Network) HYPE/USDL +0.0002% / S −0.0002%1h93.629+0.179%$28K150xas long as short
Popdex HYPEUSDT+0.0008%1h93.561+0.106%$62K$1.2M50xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster HYPEUSDT+0.0014%4h93.569+0.115%$8.9M$35.7M300xas long as short
Orderly PERP_HYPE_USDC+0.0015%4h93.618+0.167%$176K$524K20xas long as short
Bybit HYPEUSDT+0.0020%8h93.600+0.148%$323.9M$280.5M75xas long as short
Phoenix HYPE+0.0034%1h93.456−0.006%$214K$1.2M10xas long as short
Bullet HYPE-USD+0.0063%1h93.569+0.115%$111K$577K20xas long as short
Gate HYPE_USDT+0.0064%4h93.600+0.148%$44.2M$59.0M75xas long as short
MEXC HYPE_USDT+0.0064%4h93.568+0.114%$90.5M$82.5M100xas long as short
Binance HYPEUSDT+0.0065%4h93.602+0.150%$384.2M$883.5M75xas long as short
Derive HYPE-PERP+0.0065%1h93.578+0.124%$16.3M$6.9M10xas long as short
edgeX HYPEUSDC+0.0071%4h93.562+0.107%$5.1M$29.7M30xas long as short
Phemex HYPEUSDT+0.0093%8h93.513+0.055%$12.7M$2.6M50xas long as short
Lighter HYPE+0.0096%1h93.632+0.182%$18.6M$59.1M20xas long as short
Lighter RH HYPE+0.0096%1h93.609+0.157%$3.1M$12.2M20xas long as short
Aevo HYPE-PERP+0.0096%1h93.612+0.160%$398K$318K20xas long as short
Paradex HYPE-USD-PERP+0.0099%8h93.580+0.126%$340K$169K20xas long as short
Katana Perps HYPE-USD+0.0100%8h93.580+0.126%$29K$1.6M10xas long as short
Nado HYPE-PERP+0.0100%1h93.537+0.080%$5.9M$44.0M10xas long as short
Hyperliquid HYPE+0.0100%1h93.628+0.178%$2.04B$664.7M10xas long as short
Pacifica HYPE+0.0100%1h93.601+0.149%$10.1M$14.5M20xas long as short
OKX HYPE-USDT-SWAP+0.0100%8h93.603+0.151%$114.3M$312.6M50xas long as short
KuCoin HYPEUSDTM+0.0100%4h93.588+0.135%$47.1M$18.4M75xas long as short
Bitget HYPEUSDTshort+0.0100%4h93.629+0.179%$227.1M$102.2M75x
BingX HYPE-USDT+0.0100%4h93.600+0.148%$53.9Mas long as short
Backpack HYPE_USDC_PERP+0.0100%1h93.550+0.094%$7.9M$10.5M20xas long as short
Variational Omni HYPE+0.0100%8h93.352−0.117%$30.8M$51.9Mas long as short
GRVT HYPE_USDT_Perp+0.0100%4h93.460−0.002%$7.5M$45.6M10xas long as short
ApeX Omni HYPEUSDT+0.0100%1h93.565+0.110%$416K$1.0M50xas long as short
StandX HYPE-USD+0.0100%1h93.549+0.093%$677K$2.5M20xas long as short
Vest HYPE-PERP+0.0100%1h93.600+0.148%$454K5xas long as short
Polymarket Perps HYPE-USD+0.0100%1h93.592+0.139%$495K$2.5M20xas long as short
Bluefin HYPE-PERP+0.0100%1h93.627+0.177%$76K$166K20xas long as short
SunX HYPE-USDT+0.0100%4h93.596+0.144%$32K$1.6M20xas long as short
SoDEX HYPE-USD+0.0100%1h93.543+0.087%$2.0M$2.0M10xas long as short
Bulk HYPE-USD+0.0100%1h93.280−0.195%$204K$8K10xas long as short
Extended HYPE-USD+0.0104%1h93.544+0.088%$18.3M$41.6M50xas long as short
Kalshi KXHYPEPERP+0.0120%8h93.614+0.163%$1.9M$5.1M2.3xas long as short
Coinbase International HYPE-PERP-INTX+0.0176%1h93.590+0.137%$4.9M$5.7M50xas long as short
HTX HYPE-USDT+0.0219%4h93.706+0.261%$1.5M$7.7M75xas long as short
Injective HYPE/USDC PERP+0.0239%1h93.770+0.330%$30K$338K12xas long as short
Deribit HYPE_USDC-PERPETUAL+0.0242%1h93.632+0.182%$7.4M$4.5M50xas long as short
Reya HYPERUSDPERP+0.0248%1h93.558+0.103%$77K$155K15xas long as short
BloFin HYPE-USDT+0.0261%4h93.563+0.108%$16.9M$12.4M75xas long as short
RISEx HYPE/USDC+0.0280%1h93.623+0.172%$2.8M$6.8M20xas long as short
GMX HYPE/USD [WBTC.b-USDC]L +0.0340% / S −0.0165%1h93.616+0.165%$1.4M100xas long as short
Kraken Futures PF_HYPEUSD+0.0464%1h93.658+0.209%$20.9M$28.9M50xas long as short