HYPE

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0296%/8h= +32.5% APRnext payment +$0.37 per $10,000 · paid last 24h −0.016%

Price spread now: Hotstuff against Aftermath Perps−0.087%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Aftermath Perps Short on Hotstuff

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 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropHotstuff: Active · farm boardneeds both histories

Funding pays, the price is against you. Hotstuff is 0.087% cheaper against Aftermath Perps than usual: you would sell low and buy high (spread −0.087% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$9 on $10k: about 24 hours of funding at the current rate (+$9 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aftermath Perps HYPEUSD	93.515	−0.0376	get 0.0047% / 1h	43m 52s	$22K	$21K	10x
Short	Hotstuff HYPE-PERP	93.433	−0.0080	pay 0.0010% / 1h	43m 52s	$3K	$331	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hotstuff 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

Position, each leg$Hold fordaysFee Aftermath PerpsbpFee HotstuffbpOrdersPrice spread, now −0.087%Rate

Funding earned: $62.26
Price spread: −0.087% → 0.000%: −$8.72
Slippage, 4 orders: no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Fee Hotstuff: 2.5 bp × 2 orders: −$5
Net: $39.54
Costs to cover: 0.140%
Break-even: 2.6 days

Slippage unknown: Aftermath Perps: no order-book sample; Hotstuff: no order-book sample. 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 Hotstuff no order-book sample	—	—	—	—	—

Aftermath Perps and Hotstuff: 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	93.315	−0.213%	$196K	$232K	7x	as long as short
Aftermath Perps HYPEUSDlong	−0.0376%	1h	93.515	long leg	$22K	$21K	10x
Bullet HYPE-USD	−0.0083%	1h	93.374	−0.150%	$111K	$578K	20x	as long as short
Hotstuff HYPE-PERPshort	−0.0080%	1h	93.433	−0.087%	$3K	$331	25x
Orderly PERP_HYPE_USDC	−0.0026%	4h	93.371	−0.154%	$146K	$663K	20x	as long as short
01 Exchange HYPEUSD	−0.0024%	1h	93.451	−0.068%	$88K	$366K	20x	as long as short
Ondo Perps HYPE-USD.P	−0.0017%	1h	93.390	−0.133%	$702K	$1.2M	10x	as long as short
dYdX HYPE-USD	0.0000%	1h	93.502	−0.013%	$128K	$29K	5x	as long as short
Perpl HYPE	0.0000%	43m	93.433	−0.088%	$22K	$290K	10x	as long as short
gTrade (Gains Network) HYPE/USD	L +0.0002% / S −0.0002%	1h	93.420	−0.101%	$62K	—	150x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus HYPE-USD	+0.0011%	1h	93.404	−0.118%	$1.0M	$3.9M	10x	as long as short
Bitget HYPEUSDT	+0.0018%	4h	93.370	−0.155%	$225.9M	$98.8M	75x	as long as short
Bybit HYPEUSDT	+0.0023%	8h	93.350	−0.176%	$317.4M	$283.8M	75x	as long as short
Phoenix HYPE	+0.0026%	1h	93.637	+0.131%	$209K	$1.2M	10x	as long as short
Phemex HYPEUSDT	+0.0028%	8h	93.402	−0.120%	$12.6M	$2.7M	50x	as long as short
edgeX HYPEUSDC	+0.0081%	4h	93.544	+0.032%	$5.0M	$30.0M	30x	as long as short
Paradex HYPE-USD-PERP	+0.0095%	8h	93.491	−0.025%	$340K	$162K	20x	as long as short
Lighter HYPE	+0.0096%	1h	93.392	−0.131%	$16.1M	$63.0M	20x	as long as short
Lighter RH HYPE	+0.0096%	1h	93.393	−0.130%	$3.1M	$11.4M	20x	as long as short
Popdex HYPEUSDT	+0.0096%	1h	93.427	−0.094%	$77K	$1.1M	50x	as long as short
Katana Perps HYPE-USD	+0.0099%	8h	93.420	−0.101%	$28K	$1.7M	10x	as long as short
Nado HYPE-PERP	+0.0100%	1h	93.425	−0.095%	$7.9M	$48.5M	10x	as long as short
Hyperliquid HYPE	+0.0100%	1h	93.449	−0.070%	$2.03B	$668.2M	10x	as long as short
Aster HYPEUSDT	+0.0100%	4h	93.362	−0.163%	$8.7M	$36.4M	300x	as long as short
Pacifica HYPE	+0.0100%	1h	93.479	−0.038%	$10.1M	$15.4M	20x	as long as short
Binance HYPEUSDT	+0.0100%	4h	93.370	−0.155%	$374.4M	$911.5M	75x	as long as short
OKX HYPE-USDT-SWAP	+0.0100%	8h	93.362	−0.163%	$114.6M	$309.2M	50x	as long as short
Bulk HYPE-USD	+0.0100%	1h	93.614	+0.107%	$204K	$3K	10x	as long as short
Gate HYPE_USDT	+0.0100%	4h	93.362	−0.163%	$46.5M	$54.0M	75x	as long as short
MEXC HYPE_USDT	+0.0100%	4h	93.372	−0.152%	$91.6M	$80.3M	100x	as long as short
KuCoin HYPEUSDTM	+0.0100%	4h	93.368	−0.157%	$46.8M	$18.7M	75x	as long as short
BingX HYPE-USDT	+0.0100%	4h	93.377	−0.147%	—	$54.0M	—	as long as short
Backpack HYPE_USDC_PERP	+0.0100%	1h	93.417	−0.104%	$7.3M	$10.9M	20x	as long as short
Variational Omni HYPE	+0.0100%	8h	93.419	−0.103%	$28.7M	$56.6M	—	as long as short
GRVT HYPE_USDT_Perp	+0.0100%	4h	93.490	−0.026%	$7.5M	$47.1M	10x	as long as short
ApeX Omni HYPEUSDT	+0.0100%	1h	93.540	+0.027%	$343K	$1.0M	50x	as long as short
StandX HYPE-USD	+0.0100%	1h	93.479	−0.038%	$669K	$2.9M	20x	as long as short
Vest HYPE-PERP	+0.0100%	1h	93.477	−0.040%	—	$243K	5x	as long as short
Polymarket Perps HYPE-USD	+0.0100%	1h	93.438	−0.082%	$490K	$2.7M	20x	as long as short
Bluefin HYPE-PERP	+0.0100%	1h	93.389	−0.134%	$79K	$166K	20x	as long as short
Derive HYPE-PERP	+0.0100%	1h	93.377	−0.147%	$16.1M	$7.5M	10x	as long as short
SunX HYPE-USDT	+0.0100%	4h	93.391	−0.132%	$32K	$1.6M	20x	as long as short
SoDEX HYPE-USD	+0.0100%	1h	93.394	−0.129%	$2.0M	$1.9M	10x	as long as short
HTX HYPE-USDT	+0.0100%	4h	93.615	+0.107%	$1.4M	$6.4M	75x	as long as short
Extended HYPE-USD	+0.0104%	1h	93.348	−0.178%	$18.2M	$43.2M	50x	as long as short
Aevo HYPE-PERP	+0.0104%	1h	93.392	−0.131%	$395K	$161K	20x	as long as short
Kalshi KXHYPEPERP	+0.0105%	8h	93.481	−0.036%	$1.8M	$5.6M	2.3x	as long as short
Injective HYPE/USDC PERP	+0.0122%	1h	93.410	−0.112%	$30K	$339K	12x	as long as short
Coinbase International HYPE-PERP-INTX	+0.0144%	1h	93.460	−0.058%	$4.8M	$5.6M	50x	as long as short
Reya HYPERUSDPERP	+0.0268%	1h	93.386	−0.138%	$80K	$131K	15x	as long as short
GMX HYPE/USD [WBTC.b-USDC]	L +0.0332% / S −0.0154%	1h	93.418	−0.103%	$1.4M	—	100x	as long as short
BloFin HYPE-USDT	+0.0340%	4h	93.426	−0.095%	$16.9M	$11.9M	75x	as long as short
Kraken Futures PF_HYPEUSD	+0.0341%	1h	93.458	−0.060%	$20.8M	$29.6M	50x	as long as short
Deribit HYPE_USDC-PERPETUAL	+0.0403%	1h	93.488	−0.028%	$7.5M	$4.0M	50x	as long as short
RISEx HYPE/USDC	+0.0527%	1h	93.493	−0.023%	$3.2M	$6.3M	20x	as long as short