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

HYPE

all HYPE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0501%/8h= +54.9% APRnext payment +$0.63 per $10,000 · paid last 24h −0.001%
Price spread now: Pacifica against Aftermath Perps+0.059%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 fees+ Points / potential airdropPacifica: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$15 a day on $10k at the current rate, and Pacifica is 0.059% dearer against Aftermath Perps than usual: you sell high and buy low: +$6 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAftermath Perps HYPEUSD93.836−0.0401get 0.0050% / 1h11m 46s$22K$22K10x
ShortPacifica HYPE93.8920.0100get 0.0013% / 1h11m 46s$10.1M$14.6M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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
$105.23
Price spread: +0.059% → 0.000%
$5.93
Slippage, 4 orders
no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Fee Pacifica: 4 bp × 2 orders
−$8
Net
$94.16
Costs to cover
0.170%
Break-even
0.7 days
Slippage unknown: Aftermath Perps: no order-book sample; Pacifica: live order book, 2 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 Pacifica live order book, 2 min ago0.05 bp4.9 bp −$5doesn't fitdoesn'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
Hibachi HYPE/USDT-P−0.1176%1h93.700−0.145%$198K$230K7xas long as short
Aftermath Perps HYPEUSDlong−0.0401%1h93.836long leg$22K$22K10x
Arcus HYPE-USD−0.0233%1h93.730−0.113%$1.2M$3.8M10xas long as short
Ondo Perps HYPE-USD.P−0.0105%1h93.780−0.060%$705K$916K10xas long as short
Hotstuff HYPE-PERP−0.0080%1h93.822−0.015%$3K$33125xas long as short
01 Exchange HYPEUSD−0.0072%1h93.843+0.007%$86K$368K20xas long as short
Orderly PERP_HYPE_USDC−0.0002%4h93.908+0.077%$169K$588K20xas long as short
dYdX HYPE-USD0.0000%1h93.935+0.105%$128K$30K5xas long as short
Perpl HYPE0.0000%43m93.866+0.032%$23K$329K10xas long as short
gTrade (Gains Network) HYPE/USDL +0.0002% / S −0.0003%1h93.931+0.101%$27K150xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phoenix HYPE+0.0009%1h93.963+0.135%$216K$1.2M10xas long as short
Aster HYPEUSDT+0.0017%4h93.907+0.076%$8.9M$36.1M300xas long as short
Bybit HYPEUSDT+0.0021%8h93.830−0.007%$322.8M$283.9M75xas long as short
Derive HYPE-PERP+0.0027%1h93.859+0.024%$16.4M$7.1M10xas long as short
Phemex HYPEUSDT+0.0045%8h93.834−0.002%$12.8M$2.6M50xas long as short
MEXC HYPE_USDT+0.0052%4h93.870+0.036%$88.5M$82.2M100xas long as short
Binance HYPEUSDT+0.0053%4h93.897+0.065%$383.4M$898.2M75xas long as short
edgeX HYPEUSDC+0.0061%4h93.833−0.003%$5.1M$29.8M30xas long as short
Popdex HYPEUSDT+0.0072%1h93.846+0.011%$60K$1.2M50xas long as short
Gate HYPE_USDT+0.0078%4h93.927+0.097%$44.1M$59.9M75xas long as short
Bullet HYPE-USD+0.0090%1h93.908+0.076%$113K$578K20xas long as short
OKX HYPE-USDT-SWAP+0.0093%8h93.831−0.005%$116.0M$322.5M50xas long as short
Lighter HYPE+0.0096%1h93.908+0.077%$18.9M$60.3M20xas long as short
Lighter RH HYPE+0.0096%1h93.889+0.056%$3.1M$12.3M20xas long as short
Aevo HYPE-PERP+0.0096%1h93.913+0.081%$399K$318K20xas long as short
Paradex HYPE-USD-PERP+0.0099%8h93.896+0.064%$341K$171K20xas long as short
Katana Perps HYPE-USD+0.0099%8h93.780−0.060%$37K$1.6M10xas long as short
Nado HYPE-PERP+0.0100%1h93.875+0.041%$5.7M$44.4M10xas long as short
Hyperliquid HYPE+0.0100%1h93.952+0.123%$2.04B$681.2M10xas long as short
Pacifica HYPEshort+0.0100%1h93.892+0.059%$10.1M$14.6M20x
Bulk HYPE-USD+0.0100%1h93.820−0.017%$205K$7K10xas long as short
KuCoin HYPEUSDTM+0.0100%4h93.867+0.033%$46.5M$18.6M75xas long as short
Bitget HYPEUSDT+0.0100%4h93.838+0.002%$227.2M$102.2M75xas long as short
BingX HYPE-USDT+0.0100%4h93.840+0.004%$54.2Mas long as short
Backpack HYPE_USDC_PERP+0.0100%1h93.938+0.109%$7.9M$10.5M20xas long as short
Variational Omni HYPE+0.0100%8h93.861+0.027%$31.2M$54.1Mas long as short
GRVT HYPE_USDT_Perp+0.0100%4h93.835−0.001%$7.6M$45.6M10xas long as short
ApeX Omni HYPEUSDT+0.0100%1h93.854+0.019%$359K$1.1M50xas long as short
StandX HYPE-USD+0.0100%1h93.811−0.027%$678K$2.5M20xas long as short
Vest HYPE-PERP+0.0100%1h93.897+0.065%$454K5xas long as short
Polymarket Perps HYPE-USD+0.0100%1h93.896+0.064%$471K$2.5M20xas long as short
Bluefin HYPE-PERP+0.0100%1h93.915+0.084%$76K$172K20xas long as short
SunX HYPE-USDT+0.0100%4h93.911+0.080%$32K$1.6M20xas long as short
SoDEX HYPE-USD+0.0100%1h93.883+0.050%$2.0M$2.0M10xas long as short
Injective HYPE/USDC PERP+0.0104%1h94.410+0.612%$31K$338K12xas long as short
Extended HYPE-USD+0.0104%1h93.943+0.114%$18.3M$42.8M50xas long as short
Kalshi KXHYPEPERP+0.0151%8h93.951+0.122%$1.9M$5.0M2.3xas long as short
Coinbase International HYPE-PERP-INTX+0.0152%1h93.960+0.132%$4.9M$5.7M50xas long as short
HTX HYPE-USDT+0.0193%4h94.050+0.228%$1.5M$7.8M75xas long as short
BloFin HYPE-USDT+0.0217%4h93.824−0.013%$16.9M$12.6M75xas long as short
Reya HYPERUSDPERP+0.0249%1h93.859+0.024%$77K$142K15xas long as short
RISEx HYPE/USDC+0.0284%1h93.897+0.065%$2.8M$6.8M20xas long as short
Deribit HYPE_USDC-PERPETUAL+0.0314%1h93.991+0.165%$7.5M$4.6M50xas long as short
GMX HYPE/USD [WBTC.b-USDC]L +0.0338% / S −0.0163%1h93.934+0.104%$1.4M100xas long as short
Kraken Futures PF_HYPEUSD+0.0577%1h93.981+0.154%$21.0M$29.5M50xas long as short