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

HYPE

all HYPE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0143%/8h= +15.6% APRpaid last 24h −0.014%
Price spread now: Gate against Aftermath Perps+0.076%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 +$4 a day on $10k at the current rate, and Gate is 0.076% dearer against Aftermath Perps than usual: you sell high and buy low: +$8 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAftermath Perps HYPEUSD92.736−0.0091get 0.0011% / 1h54m 58s$22K$21K10x
ShortGate HYPE_USDT92.8070.0052get 0.0026% / 4h54m 58s$44.5M$54.4M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
$29.94
Price spread: +0.076% → 0.000%
$7.61
Slippage, 4 orders
no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Fee Gate: 7.5 bp × 2 orders
−$15
Net
$13.55
Costs to cover
0.240%
Break-even
3.8 days
Slippage unknown: Aftermath Perps: no order-book sample; Gate: live order book, 4 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 Gate live order book, 4 min ago0.05 bp8.9 bp −$913.9 bp −$13928.1 bp −$2,80651.0 bp −$25.5K
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
Arcus HYPE-USD−0.0948%1h92.690−0.050%$1.2M$3.8M10xas long as short
Hibachi HYPE/USDT-P−0.0800%1h92.839+0.110%$195K$227K7xas long as short
01 Exchange HYPEUSD−0.0128%1h92.809+0.078%$86K$351K20xas long as short
Aftermath Perps HYPEUSDlong−0.0091%1h92.736long leg$22K$21K10x
Hotstuff HYPE-PERP−0.0080%1h92.869+0.143%$3K$33125xas long as short
Bullet HYPE-USD−0.0066%1h92.786+0.053%$111K$579K20xas long as short
Orderly PERP_HYPE_USDC−0.0062%4h92.802+0.071%$158K$663K20xas long as short
Ondo Perps HYPE-USD.P−0.0030%1h92.340−0.427%$699K$1.1M10xas long as short
Aster HYPEUSDT−0.0004%4h92.837+0.108%$8.7M$36.2M300xas long as short
dYdX HYPE-USD0.0000%1h92.870+0.144%$127K$31K5xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Perpl HYPE0.0000%43m92.826+0.096%$23K$309K10xas long as short
gTrade (Gains Network) HYPE/USDL +0.0002% / S −0.0002%1h92.835+0.106%$62K150xas long as short
Derive HYPE-PERP+0.0010%1h92.778+0.044%$16.1M$7.5M10xas long as short
Phemex HYPEUSDT+0.0011%8h92.809+0.078%$12.5M$2.7M50xas long as short
Phoenix HYPE+0.0026%1h92.584−0.164%$210K$1.2M10xas long as short
BingX HYPE-USDT+0.0030%4h92.807+0.076%$53.2Mas long as short
Bybit HYPEUSDT+0.0039%8h92.800+0.069%$318.6M$278.9M75xas long as short
Gate HYPE_USDTshort+0.0052%4h92.807+0.076%$44.5M$54.4M75x
ApeX Omni HYPEUSDT+0.0068%1h92.356−0.410%$337K$1.0M50xas long as short
OKX HYPE-USDT-SWAP+0.0073%8h92.814+0.084%$113.4M$301.2M50xas long as short
MEXC HYPE_USDT+0.0076%4h92.823+0.093%$87.9M$80.1M100xas long as short
Binance HYPEUSDT+0.0086%4h92.813+0.083%$373.3M$891.8M75xas long as short
Paradex HYPE-USD-PERP+0.0093%8h92.851+0.124%$339K$162K20xas long as short
Lighter HYPE+0.0096%1h92.817+0.087%$16.1M$61.9M20xas long as short
Lighter RH HYPE+0.0096%1h92.822+0.092%$3.1M$11.6M20xas long as short
Popdex HYPEUSDT+0.0096%1h92.798+0.066%$68K$1.2M50xas long as short
Katana Perps HYPE-USD+0.0100%8h92.820+0.090%$14K$1.6M10xas long as short
edgeX HYPEUSDC+0.0100%4h92.417−0.345%$5.0M$29.1M30xas long as short
Nado HYPE-PERP+0.0100%1h92.790+0.058%$5.8M$43.1M10xas long as short
Hyperliquid HYPE+0.0100%1h92.880+0.155%$2.02B$659.1M10xas long as short
Pacifica HYPE+0.0100%1h92.832+0.103%$10.0M$14.9M20xas long as short
KuCoin HYPEUSDTM+0.0100%4h92.831+0.102%$46.0M$18.3M75xas long as short
Bitget HYPEUSDT+0.0100%4h92.811+0.080%$224.6M$97.5M75xas long as short
Backpack HYPE_USDC_PERP+0.0100%1h92.811+0.080%$7.4M$10.0M20xas long as short
Variational Omni HYPE+0.0100%8h92.820+0.090%$28.4M$57.0Mas long as short
GRVT HYPE_USDT_Perp+0.0100%4h92.596−0.151%$7.5M$45.7M10xas long as short
StandX HYPE-USD+0.0100%1h92.779+0.046%$665K$2.7M20xas long as short
Vest HYPE-PERP+0.0100%1h92.823+0.093%$243K5xas long as short
Polymarket Perps HYPE-USD+0.0100%1h92.828+0.099%$469K$2.5M20xas long as short
SunX HYPE-USDT+0.0100%4h92.861+0.134%$32K$1.6M20xas long as short
SoDEX HYPE-USD+0.0100%1h92.794+0.062%$2.0M$2.0M10xas long as short
HTX HYPE-USDT+0.0100%4h92.986+0.269%$1.4M$6.2M75xas long as short
Bulk HYPE-USD+0.0100%1h92.810+0.079%$202K$13K10xas long as short
Extended HYPE-USD+0.0104%1h92.794+0.062%$18.2M$43.3M50xas long as short
Aevo HYPE-PERP+0.0104%1h92.802+0.070%$392K$164K20xas long as short
Injective HYPE/USDC PERP+0.0150%1h92.730−0.007%$30K$339K12xas long as short
Coinbase International HYPE-PERP-INTX+0.0160%1h92.850+0.122%$4.7M$5.5M50xas long as short
Reya HYPERUSDPERP+0.0260%1h92.789+0.057%$79K$140K15xas long as short
Kalshi KXHYPEPERP+0.0263%8h92.884+0.159%$1.8M$5.4M2.3xas long as short
BloFin HYPE-USDT+0.0326%4h92.812+0.081%$16.9M$11.5M75xas long as short
GMX HYPE/USD [WBTC.b-USDC]L +0.0330% / S −0.0153%1h92.822+0.092%$1.4M100xas long as short
Kraken Futures PF_HYPEUSD+0.0331%1h92.870+0.144%$20.7M$30.3M50xas long as short
Deribit HYPE_USDC-PERPETUAL+0.0407%1h92.891+0.167%$7.5M$4.4M50xas long as short
RISEx HYPE/USDC+0.0687%1h92.885+0.161%$3.2M$6.4M20xas long as short
Bluefin HYPE-PERP+0.3594%1h92.823+0.093%$79K$169K20xas long as short