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

HYPE

all HYPE markets
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Alert: funding
Measured
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Alert: spread
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Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.016%
Price spread now: Bluefin against ApeX Omni−0.021%7-day average +0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$58as in the Funding arb table
Net, price: spread back to 7d avg − costs−$49as in the Price arb table
costs, in and out, $10k−$470.470% of the position
Long on ApeX OmniShort on Bluefin
What this pair did over the last
the charts below follow
Funding, last 7 days−0.111%−$11 on $10k
Price spread, last 3 days (all we have)+0.097%+$10 · spread now −0.021%, 7d avg +0.002%
Together, before fees−0.014%−$1 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bluefin is 0.024% cheaper against ApeX Omni than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.002%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni HYPEUSDT93.9460.0100pay 0.0013% / 1h8m 42s$340K$1.1M50x
ShortBluefin HYPE-PERP93.9260.0100get 0.0013% / 1h8m 42s$76K$170K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bluefin against ApeX Omni. 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
$0
Price spread: −0.021% → +0.002%
−$2.36
Slippage, 4 orders
−$30.01
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Bluefin: 3.5 bp × 2 orders
−$7
Net
−$49.37
Costs to cover
0.470%
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 5 min ago; Bluefin: live order book, just now.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy ApeX Omni live order book, 5 min ago1.86 bp8.1 bp −$811.5 bp −$115doesn't fitdoesn't fit
Sell Bluefin live order book, just now5.49 bp14.8 bp −$15doesn't fitdoesn't fitdoesn't fit

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−0.1168%1h93.966+0.021%$199K$228K7xas long as short
Arcus HYPE-USD−0.0625%1h93.778−0.179%$1.2M$3.9M10xas long as short
Aftermath Perps HYPEUSD−0.0210%1h93.984+0.040%$22K$21K10xas long as short
Ondo Perps HYPE-USD.P−0.0099%1h93.860−0.092%$710K$958K10xas long as short
Phemex HYPEUSDT−0.0095%8h93.940−0.006%$12.8M$2.6M50xas long as short
dYdX HYPE-USD−0.0087%1h93.911−0.037%$129K$31K5xas long as short
01 Exchange HYPEUSD−0.0080%1h94.018+0.077%$86K$359K20xas long as short
Hotstuff HYPE-PERP−0.0080%1h94.036+0.096%$3K$33125xas long as short
Bullet HYPE-USD−0.0048%1h93.989+0.046%$113K$580K20xas long as short
Orderly PERP_HYPE_USDC−0.0029%4h93.938−0.009%$159K$643K20xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate HYPE_USDT−0.0012%4h93.896−0.053%$44.4M$60.3M75xas long as short
Perpl HYPE0.0000%43m94.046+0.106%$23K$327K10xas long as short
gTrade (Gains Network) HYPE/USDL +0.0002% / S −0.0003%1h94.010+0.068%$27K—150xas long as short
Derive HYPE-PERP+0.0009%1h93.925−0.022%$16.4M$7.3M10xas long as short
Aster HYPEUSDT+0.0012%4h93.908−0.041%$8.9M$36.0M300xas long as short
Bybit HYPEUSDT+0.0015%8h93.877−0.073%$323.1M$279.7M75xas long as short
Phoenix HYPE+0.0034%1h94.071+0.133%$218K$1.2M10xas long as short
MEXC HYPE_USDT+0.0052%4h93.899−0.050%$88.4M$83.3M100xas long as short
Binance HYPEUSDT+0.0056%4h93.891−0.059%$383.3M$894.4M75xas long as short
edgeX HYPEUSDC+0.0065%4h93.937−0.010%$5.1M$29.6M30xas long as short
OKX HYPE-USDT-SWAP+0.0073%8h93.881−0.069%$116.1M$314.8M50xas long as short
Lighter HYPE+0.0096%1h93.924−0.023%$18.9M$60.7M20xas long as short
Lighter RH HYPE+0.0096%1h93.905−0.044%$3.0M$12.2M20xas long as short
Popdex HYPEUSDT+0.0096%1h94.017+0.076%$65K$1.2M50xas long as short
Aevo HYPE-PERP+0.0096%1h93.969+0.024%$400K$180K20xas long as short
Paradex HYPE-USD-PERP+0.0099%8h93.928−0.019%$341K$165K20xas long as short
Katana Perps HYPE-USD+0.0100%8h94.030+0.089%$31K$1.6M10xas long as short
Nado HYPE-PERP+0.0100%1h94.020+0.079%$6.6M$44.6M10xas long as short
Hyperliquid HYPE+0.0100%1h93.954+0.009%$2.05B$668.4M10xas long as short
Pacifica HYPE+0.0100%1h93.912−0.036%$10.1M$14.7M20xas long as short
Bulk HYPE-USD+0.0100%1h93.528−0.445%$204K$12K10xas long as short
KuCoin HYPEUSDTM+0.0100%4h93.896−0.053%$46.6M$18.3M75xas long as short
Bitget HYPEUSDT+0.0100%4h93.883−0.067%$227.3M$100.2M75xas long as short
BingX HYPE-USDT+0.0100%4h93.888−0.062%—$53.9M—as long as short
Backpack HYPE_USDC_PERP+0.0100%1h93.871−0.080%$7.9M$10.5M20xas long as short
Variational Omni HYPE+0.0100%8h93.920−0.028%$31.4M$53.7M—as long as short
GRVT HYPE_USDT_Perp+0.0100%4h94.053+0.114%$7.6M$46.1M10xas long as short
ApeX Omni HYPEUSDTlong+0.0100%1h93.946long leg$340K$1.1M50x
StandX HYPE-USD+0.0100%1h93.959+0.014%$671K$2.6M20xas long as short
Vest HYPE-PERP+0.0100%1h94.050+0.111%—$243K5xas long as short
Polymarket Perps HYPE-USD+0.0100%1h94.049+0.110%$475K$2.5M20xas long as short
Bluefin HYPE-PERPshort+0.0100%1h93.926−0.021%$76K$170K20x
SunX HYPE-USDT+0.0100%4h94.049+0.110%$32K$1.6M20xas long as short
SoDEX HYPE-USD+0.0100%1h93.955+0.010%$2.0M$2.0M10xas long as short
Extended HYPE-USD+0.0104%1h93.869−0.082%$18.4M$45.2M50xas long as short
Coinbase International HYPE-PERP-INTX+0.0144%1h93.970+0.026%$4.9M$5.5M50xas long as short
Injective HYPE/USDC PERP+0.0205%1h94.490+0.579%$31K$338K12xas long as short
BloFin HYPE-USDT+0.0212%4h94.058+0.119%$17.1M$12.1M75xas long as short
RISEx HYPE/USDC+0.0222%1h93.927−0.020%$2.7M$6.7M20xas long as short
Kalshi KXHYPEPERP+0.0241%8h94.083+0.146%$1.9M$5.1M2.3xas long as short
Reya HYPERUSDPERP+0.0252%1h93.976+0.032%$79K$143K15xas long as short
GMX HYPE/USD [WBTC.b-USDC]L +0.0335% / S −0.0158%1h94.009+0.067%$1.4M—100xas long as short
HTX HYPE-USDT+0.0366%4h94.211+0.282%$1.5M$5.9M75xas long as short
Deribit HYPE_USDC-PERPETUAL+0.0431%1h94.060+0.121%$7.5M$4.6M50xas long as short
Kraken Futures PF_HYPEUSD+0.0672%1h94.012+0.071%$21.0M$29.8M50xas long as short