HYPE

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0941%/8h= +103.1% APRnext payment +$1.18 per $10,000 · paid last 24h +0.093%

Price spread now: RISEx against Aftermath Perps+0.507%7-day average — · you sell dearer than you buy

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

Long on Aftermath Perps Short on RISEx

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—needs both histories

Both sides work for this trade now. Funding pays +$28 a day on $10k at the current rate, and RISEx is 0.507% dearer against Aftermath Perps than usual: you sell high and buy low: +$51 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	93.610	−0.0415	get 0.0052% / 1h	17m 47s	$22K	$21K	10x
Short	RISEx HYPE/USDC	94.085	0.0527	get 0.0066% / 1h	17m 47s	$3.2M	$6.3M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx 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 RISExbpOrdersPrice spread, now +0.507%Rate

Funding earned: $197.71
Price spread: +0.507% → 0.000%: $50.73
Slippage, 4 orders: no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Fee RISEx: 3 bp × 2 orders: −$6
Net: $233.44
Costs to cover: 0.150%
Break-even: from the start

Slippage unknown: Aftermath Perps: no order-book sample; RISEx: live order book, 1 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 RISEx live order book, 1 min ago	0.43 bp	3.4 bp −$3	6.8 bp −$68	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	−0.1376%	1h	93.862	+0.270%	$199K	$239K	7x	as long as short
Aftermath Perps HYPEUSDlong	−0.0415%	1h	93.610	long leg	$22K	$21K	10x
Hotstuff HYPE-PERP	−0.0080%	1h	94.007	+0.424%	$3K	$331	25x	as long as short
Bullet HYPE-USD	−0.0035%	1h	94.114	+0.539%	$112K	$580K	20x	as long as short
Orderly PERP_HYPE_USDC	−0.0018%	4h	94.120	+0.545%	$147K	$674K	20x	as long as short
dYdX HYPE-USD	0.0000%	1h	94.094	+0.517%	$129K	$29K	5x	as long as short
01 Exchange HYPEUSD	0.0000%	1h	94.049	+0.469%	$88K	$365K	20x	as long as short
Perpl HYPE	0.0000%	43m	94.054	+0.474%	$23K	$290K	10x	as long as short
gTrade (Gains Network) HYPE/USD	L +0.0002% / S −0.0002%	1h	94.160	+0.588%	$63K	—	150x	as long as short
Arcus HYPE-USD	+0.0011%	1h	94.142	+0.569%	$1.0M	$3.9M	10x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget HYPEUSDT	+0.0016%	4h	94.162	+0.590%	$227.2M	$99.2M	75x	as long as short
Bybit HYPEUSDT	+0.0020%	8h	94.144	+0.571%	$319.4M	$283.7M	75x	as long as short
Phemex HYPEUSDT	+0.0025%	8h	94.054	+0.475%	$12.8M	$2.8M	50x	as long as short
Phoenix HYPE	+0.0026%	1h	93.624	+0.015%	$208K	$1.2M	10x	as long as short
Ondo Perps HYPE-USD.P	+0.0052%	1h	94.070	+0.492%	$704K	$1.2M	10x	as long as short
edgeX HYPEUSDC	+0.0094%	4h	93.626	+0.017%	$5.0M	$29.9M	30x	as long as short
Paradex HYPE-USD-PERP	+0.0095%	8h	94.184	+0.613%	$342K	$158K	20x	as long as short
Lighter HYPE	+0.0096%	1h	94.112	+0.536%	$16.3M	$63.5M	20x	as long as short
Lighter RH HYPE	+0.0096%	1h	94.117	+0.542%	$3.1M	$11.5M	20x	as long as short
Popdex HYPEUSDT	+0.0096%	1h	94.023	+0.441%	$71K	$1.2M	50x	as long as short
Katana Perps HYPE-USD	+0.0100%	8h	94.020	+0.438%	$28K	$1.7M	10x	as long as short
Nado HYPE-PERP	+0.0100%	1h	94.007	+0.424%	$7.8M	$48.5M	10x	as long as short
Hyperliquid HYPE	+0.0100%	1h	94.168	+0.596%	$2.06B	$674.2M	10x	as long as short
Aster HYPEUSDT	+0.0100%	4h	94.129	+0.555%	$8.8M	$36.5M	300x	as long as short
Pacifica HYPE	+0.0100%	1h	94.150	+0.577%	$10.1M	$15.4M	20x	as long as short
Binance HYPEUSDT	+0.0100%	4h	94.143	+0.570%	$378.0M	$918.2M	75x	as long as short
OKX HYPE-USDT-SWAP	+0.0100%	8h	94.166	+0.594%	$116.3M	$315.0M	50x	as long as short
Bulk HYPE-USD	+0.0100%	1h	93.358	−0.269%	$216K	$15K	10x	as long as short
Gate HYPE_USDT	+0.0100%	4h	94.132	+0.558%	$47.4M	$54.7M	75x	as long as short
MEXC HYPE_USDT	+0.0100%	4h	94.174	+0.603%	$90.7M	$81.8M	100x	as long as short
KuCoin HYPEUSDTM	+0.0100%	4h	94.166	+0.594%	$46.5M	$18.9M	75x	as long as short
BingX HYPE-USDT	+0.0100%	4h	94.087	+0.510%	—	$53.5M	—	as long as short
Backpack HYPE_USDC_PERP	+0.0100%	1h	94.122	+0.547%	$7.2M	$10.7M	20x	as long as short
Variational Omni HYPE	+0.0100%	8h	93.699	+0.095%	$28.6M	$56.2M	—	as long as short
GRVT HYPE_USDT_Perp	+0.0100%	4h	93.275	−0.358%	$7.5M	$47.3M	10x	as long as short
ApeX Omni HYPEUSDT	+0.0100%	1h	93.227	−0.409%	$342K	$997K	50x	as long as short
StandX HYPE-USD	+0.0100%	1h	93.924	+0.336%	$672K	$2.8M	20x	as long as short
Vest HYPE-PERP	+0.0100%	1h	94.082	+0.504%	—	$243K	5x	as long as short
Polymarket Perps HYPE-USD	+0.0100%	1h	94.046	+0.466%	$482K	$2.7M	20x	as long as short
Bluefin HYPE-PERP	+0.0100%	1h	94.159	+0.587%	$80K	$165K	20x	as long as short
Derive HYPE-PERP	+0.0100%	1h	94.129	+0.555%	$16.2M	$7.4M	10x	as long as short
SunX HYPE-USDT	+0.0100%	4h	94.208	+0.639%	$32K	$1.6M	20x	as long as short
SoDEX HYPE-USD	+0.0100%	1h	94.143	+0.570%	$2.0M	$1.9M	10x	as long as short
HTX HYPE-USDT	+0.0100%	4h	94.250	+0.684%	$1.4M	$6.5M	75x	as long as short
Extended HYPE-USD	+0.0104%	1h	94.104	+0.528%	$18.3M	$43.2M	50x	as long as short
Aevo HYPE-PERP	+0.0104%	1h	94.160	+0.588%	$398K	$158K	20x	as long as short
Kalshi KXHYPEPERP	+0.0119%	8h	94.134	+0.560%	$1.8M	$5.6M	2.3x	as long as short
Injective HYPE/USDC PERP	+0.0122%	1h	94.080	+0.502%	$30K	$339K	12x	as long as short
Coinbase International HYPE-PERP-INTX	+0.0144%	1h	94.180	+0.609%	$4.7M	$5.9M	50x	as long as short
Deribit HYPE_USDC-PERPETUAL	+0.0217%	1h	94.228	+0.660%	$7.5M	$4.1M	50x	as long as short
Reya HYPERUSDPERP	+0.0270%	1h	94.041	+0.461%	$80K	$127K	15x	as long as short
GMX HYPE/USD [WBTC.b-USDC]	L +0.0333% / S −0.0154%	1h	94.127	+0.553%	$1.4M	—	100x	as long as short
Kraken Futures PF_HYPEUSD	+0.0338%	1h	94.230	+0.663%	$21.1M	$29.5M	50x	as long as short
BloFin HYPE-USDT	+0.0340%	4h	93.930	+0.342%	$16.9M	$12.0M	75x	as long as short
RISEx HYPE/USDCshort	+0.0527%	1h	94.085	+0.507%	$3.2M	$6.3M	20x