Funding you earn now, next payment 05:00 UTC+0.0413%/8h= +45.2% APRnext payment +$0.52 per $10,000 · paid last 24h +0.030%
Price spread now: Lighter RH against Aftermath Perps+0.204%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—+ Points / potential airdropLighter RH: Points live · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and Lighter RH is 0.204% dearer against Aftermath Perps than usual: you sell high and buy low: +$20 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 | 93.073 | −0.0317 | get 0.0040% / 1h | 7m 51s | $22K | $21K | 10x |
| Short | Lighter RH HYPE | 93.263 | 0.0096 | get 0.0012% / 1h | 7m 51s | $3.1M | $11.7M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH 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
- $86.72
- Price spread: +0.204% → 0.000%
- $20.41
- Slippage, 4 orders
- no order book: not counted
- Fee Aftermath Perps: 4.5 bp × 2 orders
- −$9
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- $98.13
- Costs to cover
- 0.090%
- Break-even
- from the start
Slippage unknown: Aftermath Perps: no order-book sample; Lighter RH: live order book, 6 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 Lighter RH live order book, 6 min ago | 1.07 bp | 1.1 bp −$1 | 2.4 bp −$24 | 22.2 bp −$2,220 | 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 | −0.1824% | 1h | 92.940 | −0.143% | $194K | $230K | 7x | as long as short |
| Aftermath Perps HYPEUSDlong | −0.0317% | 1h | 93.073 | long leg | $22K | $21K | 10x | |
| Arcus HYPE-USD | −0.0194% | 1h | 93.086 | +0.014% | $1.1M | $3.9M | 10x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 93.022 | −0.055% | $3K | $331 | 25x | as long as short |
| Orderly PERP_HYPE_USDC | −0.0050% | 4h | 93.179 | +0.114% | $146K | $670K | 20x | as long as short |
| Bullet HYPE-USD | −0.0005% | 1h | 93.162 | +0.096% | $111K | $578K | 20x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 93.076 | +0.003% | $128K | $29K | 5x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 93.202 | +0.138% | $22K | $293K | 10x | as long as short |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0002% | 1h | 93.228 | +0.166% | $62K | — | 150x | as long as short |
| Ondo Perps HYPE-USD.P | +0.0002% | 1h | 93.050 | −0.025% | $700K | $1.1M | 10x | as long as short |
Show all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange HYPEUSD | +0.0016% | 1h | 93.155 | +0.088% | $87K | $365K | 20x | as long as short |
| Phoenix HYPE | +0.0026% | 1h | 93.132 | +0.063% | $209K | $1.2M | 10x | as long as short |
| Bybit HYPEUSDT | +0.0030% | 8h | 93.233 | +0.172% | $317.7M | $284.5M | 75x | as long as short |
| Bitget HYPEUSDT | +0.0032% | 4h | 93.244 | +0.184% | $225.5M | $98.8M | 75x | as long as short |
| Phemex HYPEUSDT | +0.0032% | 8h | 93.177 | +0.112% | $12.6M | $2.7M | 50x | as long as short |
| Popdex HYPEUSDT | +0.0056% | 1h | 93.129 | +0.060% | $76K | $1.1M | 50x | as long as short |
| Gate HYPE_USDT | +0.0080% | 4h | 93.248 | +0.188% | $45.7M | $54.9M | 75x | as long as short |
| Paradex HYPE-USD-PERP | +0.0095% | 8h | 93.139 | +0.071% | $339K | $162K | 20x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 93.256 | +0.197% | $16.1M | $62.9M | 20x | as long as short |
| Lighter RH HYPEshort | +0.0096% | 1h | 93.263 | +0.204% | $3.1M | $11.7M | 20x | |
| edgeX HYPEUSDC | +0.0099% | 4h | 93.100 | +0.029% | $4.9M | $29.7M | 30x | as long as short |
| Katana Perps HYPE-USD | +0.0099% | 8h | 93.090 | +0.018% | $28K | $1.7M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 93.138 | +0.070% | $6.8M | $46.4M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 93.292 | +0.235% | $2.03B | $664.4M | 10x | as long as short |
| Aster HYPEUSDT | +0.0100% | 4h | 93.250 | +0.190% | $8.7M | $36.3M | 300x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 93.127 | +0.058% | $10.0M | $15.3M | 20x | as long as short |
| Binance HYPEUSDT | +0.0100% | 4h | 93.255 | +0.195% | $374.2M | $909.5M | 75x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0100% | 8h | 93.253 | +0.193% | $114.4M | $306.0M | 50x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 93.125 | +0.056% | $203K | $3K | 10x | as long as short |
| MEXC HYPE_USDT | +0.0100% | 4h | 93.257 | +0.198% | $92.0M | $81.6M | 100x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 93.238 | +0.177% | $46.2M | $18.5M | 75x | as long as short |
| BingX HYPE-USDT | +0.0100% | 4h | 93.243 | +0.183% | — | $53.8M | — | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 93.275 | +0.217% | $7.3M | $11.0M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 93.028 | −0.049% | $28.6M | $56.7M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 93.156 | +0.089% | $7.5M | $46.8M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 93.126 | +0.057% | $342K | $1.0M | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 93.110 | +0.040% | $665K | $2.9M | 20x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 93.179 | +0.114% | — | $243K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 93.168 | +0.102% | $488K | $2.7M | 20x | as long as short |
| Bluefin HYPE-PERP | +0.0100% | 1h | 93.236 | +0.175% | $79K | $167K | 20x | as long as short |
| Derive HYPE-PERP | +0.0100% | 1h | 93.207 | +0.144% | $16.1M | $7.5M | 10x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 93.257 | +0.198% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 93.217 | +0.155% | $2.0M | $2.0M | 10x | as long as short |
| HTX HYPE-USDT | +0.0100% | 4h | 93.300 | +0.244% | $1.4M | $6.3M | 75x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 93.230 | +0.168% | $18.1M | $43.5M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0104% | 1h | 93.238 | +0.178% | $394K | $164K | 20x | as long as short |
| Kalshi KXHYPEPERP | +0.0121% | 8h | 93.319 | +0.264% | $1.8M | $5.5M | 2.3x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0144% | 1h | 93.230 | +0.169% | $4.7M | $5.6M | 50x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0196% | 1h | 93.294 | +0.238% | $20.8M | $29.4M | 50x | as long as short |
| Injective HYPE/USDC PERP | +0.0242% | 1h | 93.020 | −0.057% | $30K | $339K | 12x | as long as short |
| Reya HYPERUSDPERP | +0.0266% | 1h | 93.184 | +0.120% | $80K | $131K | 15x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0332% / S −0.0154% | 1h | 93.218 | +0.156% | $1.4M | — | 100x | as long as short |
| BloFin HYPE-USDT | +0.0340% | 4h | 93.029 | −0.047% | $16.8M | $11.8M | 75x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0522% | 1h | 93.313 | +0.258% | $7.5M | $4.5M | 50x | as long as short |
| RISEx HYPE/USDC | +0.0598% | 1h | 93.183 | +0.118% | $3.2M | $6.2M | 20x | as long as short |
Aftermath Perps HYPEUSD
Lighter RH HYPE
Bullet HYPE-USD
gTrade (Gains Network) HYPE/USD
01 Exchange HYPEUSD
Phoenix HYPE
Bybit HYPEUSDT
Bitget HYPEUSDT
Phemex HYPEUSDT
Popdex HYPEUSDT
Gate HYPE_USDT
Paradex HYPE-USD-PERP
Lighter HYPE
edgeX HYPEUSDC
Katana Perps HYPE-USD
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
Polymarket Perps HYPE-USD
Bluefin HYPE-PERP
Derive HYPE-PERP
SunX HYPE-USDT
SoDEX HYPE-USD
HTX HYPE-USDT
Extended HYPE-USD
Kalshi KXHYPEPERP
Coinbase International HYPE-PERP-INTX
Kraken Futures PF_HYPEUSD
Injective HYPE/USDC PERP
GMX HYPE/USD [WBTC.b-USDC]
BloFin HYPE-USDT
Deribit HYPE_USDC-PERPETUAL
RISEx HYPE/USDC