Funding you earn now, next payment 05:00 UTC+0.0421%/8h= +46.1% APRnext payment +$0.53 per $10,000 · paid last 24h +0.045%
Price spread now: Bluefin against Aftermath Perps+0.066%7-day average — · you sell dearer than you buy
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
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$13 a day on $10k at the current rate, and Bluefin is 0.066% dearer against Aftermath Perps than usual: you sell high and buy low: +$7 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aftermath Perps HYPEUSD | 93.016 | −0.0321 | get 0.0040% / 1h | 10m 42s | $22K | $21K | 10x |
| Short | Bluefin HYPE-PERP | 93.077 | 0.0100 | get 0.0013% / 1h | 10m 42s | $79K | $167K | 20x |
Aftermath Perps HYPEUSD
Bluefin HYPE-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bluefin 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $88.4
- Price spread: +0.066% → 0.000%
- $6.59
- Slippage, 4 orders
- no order book: not counted
- Fee Aftermath Perps: 4.5 bp × 2 orders
- −$9
- Fee Bluefin: 3.5 bp × 2 orders
- −$7
- Net
- $78.99
- Costs to cover
- 0.160%
- Break-even
- 0.7 days
Slippage unknown: Aftermath Perps: no order-book sample; Bluefin: live order book, 43 min ago. 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 Aftermath Perps no order-book sample | — | — | — | — | — |
| Sell Bluefin live order book, 43 min ago | 5.54 bp | 16.1 bp −$16 | doesn't fit | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hibachi HYPE/USDT-P | −0.1808% | 1h | 93.008 | −0.008% | $194K | $231K | 7x | as long as short |
| Aftermath Perps HYPEUSDlong | −0.0321% | 1h | 93.016 | long leg | $22K | $21K | 10x | |
| Arcus HYPE-USD | −0.0194% | 1h | 93.058 | +0.046% | $1.1M | $3.9M | 10x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 93.071 | +0.059% | $3K | $331 | 25x | as long as short |
| Orderly PERP_HYPE_USDC | −0.0052% | 4h | 93.043 | +0.029% | $146K | $671K | 20x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 93.075 | +0.064% | $128K | $29K | 5x | as long as short |
| Ondo Perps HYPE-USD.P | 0.0000% | 1h | 92.970 | −0.049% | $700K | $1.1M | 10x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 93.060 | +0.048% | $22K | $293K | 10x | as long as short |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0002% | 1h | 93.100 | +0.091% | $62K | — | 150x | as long as short |
| Bullet HYPE-USD | +0.0007% | 1h | 93.065 | +0.053% | $111K | $578K | 20x | as long as short |
Hibachi HYPE/USDT-P
Arcus HYPE-USD
Hotstuff HYPE-PERP
Orderly PERP_HYPE_USDC
dYdX HYPE-USD
Ondo Perps HYPE-USD.P
Perpl HYPE
gTrade (Gains Network) HYPE/USD
Bullet HYPE-USDShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange HYPEUSD | +0.0016% | 1h | 93.107 | +0.098% | $87K | $365K | 20x | as long as short |
| Phoenix HYPE | +0.0026% | 1h | 93.056 | +0.043% | $208K | $1.2M | 10x | as long as short |
| Bybit HYPEUSDT | +0.0027% | 8h | 93.051 | +0.038% | $317.4M | $284.3M | 75x | as long as short |
| Phemex HYPEUSDT | +0.0028% | 8h | 93.033 | +0.019% | $12.6M | $2.7M | 50x | as long as short |
| Bitget HYPEUSDT | +0.0036% | 4h | 93.068 | +0.056% | $225.1M | $98.8M | 75x | as long as short |
| Popdex HYPEUSDT | +0.0048% | 1h | 93.081 | +0.070% | $76K | $1.1M | 50x | as long as short |
| Gate HYPE_USDT | +0.0054% | 4h | 93.061 | +0.049% | $45.4M | $54.8M | 75x | as long as short |
| Paradex HYPE-USD-PERP | +0.0096% | 8h | 93.105 | +0.096% | $339K | $162K | 20x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 93.079 | +0.068% | $16.0M | $62.9M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 93.085 | +0.075% | $3.1M | $11.6M | 20x | as long as short |
| edgeX HYPEUSDC | +0.0099% | 4h | 93.100 | +0.090% | $4.9M | $29.7M | 30x | as long as short |
| Katana Perps HYPE-USD | +0.0099% | 8h | 93.060 | +0.048% | $28K | $1.7M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 93.037 | +0.023% | $6.8M | $46.5M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 93.120 | +0.112% | $2.03B | $670.0M | 10x | as long as short |
| Aster HYPEUSDT | +0.0100% | 4h | 93.068 | +0.056% | $8.7M | $36.3M | 300x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 93.101 | +0.092% | $10.0M | $15.2M | 20x | as long as short |
| Binance HYPEUSDT | +0.0100% | 4h | 93.067 | +0.055% | $373.6M | $909.9M | 75x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0100% | 8h | 93.069 | +0.057% | $114.0M | $305.1M | 50x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 93.125 | +0.118% | $203K | $3K | 10x | as long as short |
| MEXC HYPE_USDT | +0.0100% | 4h | 93.064 | +0.052% | $91.5M | $81.4M | 100x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 93.059 | +0.047% | $46.1M | $18.5M | 75x | as long as short |
| BingX HYPE-USDT | +0.0100% | 4h | 93.090 | +0.080% | — | $53.9M | — | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 93.096 | +0.086% | $7.3M | $11.2M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 93.028 | +0.013% | $28.6M | $56.7M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 93.156 | +0.151% | $7.5M | $46.8M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 93.126 | +0.119% | $342K | $1.0M | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 93.097 | +0.087% | $665K | $2.9M | 20x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 93.120 | +0.112% | — | $243K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 93.106 | +0.097% | $488K | $2.7M | 20x | as long as short |
| Bluefin HYPE-PERPshort | +0.0100% | 1h | 93.077 | +0.066% | $79K | $167K | 20x | |
| Derive HYPE-PERP | +0.0100% | 1h | 93.052 | +0.039% | $16.0M | $7.5M | 10x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 93.140 | +0.134% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 93.069 | +0.057% | $2.0M | $2.0M | 10x | as long as short |
| HTX HYPE-USDT | +0.0100% | 4h | 93.228 | +0.228% | $1.4M | $6.3M | 75x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 93.043 | +0.030% | $18.1M | $43.5M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0104% | 1h | 93.070 | +0.059% | $393K | $164K | 20x | as long as short |
| Kalshi KXHYPEPERP | +0.0117% | 8h | 93.139 | +0.133% | $1.8M | $5.5M | 2.3x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0144% | 1h | 93.120 | +0.112% | $4.7M | $5.6M | 50x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0196% | 1h | 93.136 | +0.130% | $20.7M | $29.4M | 50x | as long as short |
| Injective HYPE/USDC PERP | +0.0242% | 1h | 93.410 | +0.424% | $30K | $339K | 12x | as long as short |
| Reya HYPERUSDPERP | +0.0266% | 1h | 93.085 | +0.074% | $79K | $131K | 15x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0331% / S −0.0154% | 1h | 93.094 | +0.084% | $1.4M | — | 100x | as long as short |
| BloFin HYPE-USDT | +0.0340% | 4h | 93.074 | +0.063% | $16.8M | $11.8M | 75x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0523% | 1h | 93.164 | +0.159% | $7.5M | $4.5M | 50x | as long as short |
| RISEx HYPE/USDC | +0.0598% | 1h | 93.144 | +0.138% | $3.2M | $6.3M | 20x | as long as short |
01 Exchange HYPEUSD
Phoenix HYPE
Bybit HYPEUSDT
Phemex HYPEUSDT
Bitget HYPEUSDT
Popdex HYPEUSDT
Gate HYPE_USDT
Paradex HYPE-USD-PERP
Lighter HYPE
Lighter RH HYPE
edgeX HYPEUSDC
Katana Perps HYPE-USD
Nado HYPE-PERP
Hyperliquid HYPE
Aster HYPEUSDT
Pacifica HYPE
Binance HYPEUSDT
OKX HYPE-USDT-SWAP
Bulk HYPE-USD
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
Derive HYPE-PERP
SunX HYPE-USDT
SoDEX HYPE-USD
HTX HYPE-USDT
Extended HYPE-USD
Aevo HYPE-PERP
Kalshi KXHYPEPERP
Coinbase International HYPE-PERP-INTX
Kraken Futures PF_HYPEUSD
Injective HYPE/USDC PERP
Reya HYPERUSDPERP
GMX HYPE/USD [WBTC.b-USDC]
BloFin HYPE-USDT
Deribit HYPE_USDC-PERPETUAL
RISEx HYPE/USDC