Funding you earn now, next payment 22:00 UTC−0.0100%/8h= −10.9% APRnext payment −$0.13 per $10,000 · paid last 24h −0.025%
Price spread now: dYdX against ApeX Omni+0.188%7-day average −0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$93as in the Funding arb table
Net, price: spread back to 7d avg − costs−$60as in the Price arb table
costs, in and out, $10k−$790.792% of the position
Funding, last 7 days−0.139%−$14 on $10k
+Price spread, last 3 days (all we have)−0.368%−$37 · spread now +0.188%, 7d avg −0.001%
=The price spread pays, funding is against you. dYdX is 0.189% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.188% now, against its 7-day average of −0.001%): +$19 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 6.3 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni HYPEUSDT | 93.545 | 0.0100 | pay 0.0013% / 1h | 25m 21s | $406K | $1.0M | 50x |
| Short | dYdX HYPE-USD | 93.721 | 0 | get 0.0000% / 1h | 25m 21s | $128K | $32K | 5x |
ApeX Omni HYPEUSDT
dYdX HYPE-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$21
- Price spread: +0.188% → −0.001%
- $18.91
- Slippage, 4 orders
- −$59.2
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$81.28
- Costs to cover
- 0.792%
- Break-even
- never at this rate
Slippage from ApeX Omni: live order book, 4 min ago; dYdX: live order book, 63 min ago.
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 ApeX Omni live order book, 4 min ago | 2.03 bp | 9.4 bp −$9 | 12.3 bp −$123 | doesn't fit | doesn't fit |
| Sell dYdX live order book, 63 min ago | 26.01 bp | 31.0 bp −$31 | 72.5 bp −$725 | 178.3 bp −$17.8K | 1004.8 bp −$502.4K |
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 | −0.1000% | 1h | 93.619 | +0.079% | $198K | $233K | 7x | as long as short |
| Aftermath Perps HYPEUSD | −0.0294% | 1h | 93.602 | +0.061% | $22K | $22K | 10x | as long as short |
| Ondo Perps HYPE-USD.P | −0.0242% | 1h | 93.630 | +0.091% | $702K | $936K | 10x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 93.557 | +0.013% | $3K | $331 | 25x | as long as short |
| 01 Exchange HYPEUSD | −0.0072% | 1h | 93.721 | +0.188% | $90K | $349K | 20x | as long as short |
| Bullet HYPE-USD | −0.0033% | 1h | 93.696 | +0.161% | $112K | $583K | 20x | as long as short |
| Derive HYPE-PERP | −0.0009% | 1h | 93.629 | +0.090% | $16.4M | $7.1M | 10x | as long as short |
| dYdX HYPE-USDshort | 0.0000% | 1h | 93.721 | +0.188% | $128K | $32K | 5x | |
| Perpl HYPE | 0.0000% | 43m | 93.718 | +0.185% | $23K | $337K | 10x | as long as short |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0001% | 1h | 93.730 | +0.198% | $20K | — | 150x | as long as short |
Hibachi HYPE/USDT-P
Aftermath Perps HYPEUSD
Ondo Perps HYPE-USD.P
Hotstuff HYPE-PERP
01 Exchange HYPEUSD
Bullet HYPE-USD
Derive HYPE-PERP
Perpl HYPE
gTrade (Gains Network) HYPE/USDShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster HYPEUSDT | +0.0024% | 4h | 93.703 | +0.169% | $9.0M | $35.8M | 300x | as long as short |
| Gate HYPE_USDT | +0.0032% | 4h | 93.696 | +0.161% | $44.1M | $57.0M | 75x | as long as short |
| Bybit HYPEUSDT | +0.0037% | 8h | 93.700 | +0.166% | $326.4M | $287.0M | 75x | as long as short |
| Popdex HYPEUSDT | +0.0064% | 1h | 93.686 | +0.151% | $57K | $1.2M | 50x | as long as short |
| Orderly PERP_HYPE_USDC | +0.0066% | 4h | 93.698 | +0.164% | $176K | $535K | 20x | as long as short |
| Phoenix HYPE | +0.0068% | 1h | 93.742 | +0.211% | $216K | $1.2M | 10x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 93.732 | +0.199% | $18.6M | $59.6M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 93.716 | +0.183% | $3.1M | $12.3M | 20x | as long as short |
| Paradex HYPE-USD-PERP | +0.0100% | 8h | 93.708 | +0.174% | $340K | $170K | 20x | as long as short |
| Katana Perps HYPE-USD | +0.0100% | 8h | 93.720 | +0.187% | $40K | $1.6M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 93.702 | +0.168% | $6.0M | $44.1M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 93.782 | +0.253% | $2.04B | $670.1M | 10x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 93.709 | +0.175% | $10.0M | $14.4M | 20x | as long as short |
| Binance HYPEUSDT | +0.0100% | 4h | 93.702 | +0.168% | $386.5M | $888.0M | 75x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0100% | 8h | 93.690 | +0.155% | $115.1M | $315.9M | 50x | as long as short |
| Arcus HYPE-USD | +0.0100% | 1h | 93.664 | +0.127% | $1.2M | $4.0M | 10x | as long as short |
| MEXC HYPE_USDT | +0.0100% | 4h | 93.706 | +0.172% | $93.8M | $82.3M | 100x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 93.703 | +0.169% | $46.6M | $18.7M | 75x | as long as short |
| Bitget HYPEUSDT | +0.0100% | 4h | 93.716 | +0.183% | $227.6M | $102.2M | 75x | as long as short |
| BingX HYPE-USDT | +0.0100% | 4h | 93.708 | +0.174% | — | $54.2M | — | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 93.719 | +0.186% | $7.9M | $11.7M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 93.541 | −0.004% | $28.9M | $49.9M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 93.613 | +0.073% | $7.5M | $45.2M | 10x | as long as short |
| ApeX Omni HYPEUSDTlong | +0.0100% | 1h | 93.545 | long leg | $406K | $1.0M | 50x | |
| StandX HYPE-USD | +0.0100% | 1h | 93.686 | +0.151% | $677K | $2.4M | 20x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 93.721 | +0.188% | — | $454K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 93.746 | +0.215% | $495K | $2.6M | 20x | as long as short |
| Bluefin HYPE-PERP | +0.0100% | 1h | 93.713 | +0.180% | $76K | $168K | 20x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 93.696 | +0.161% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 93.679 | +0.143% | $2.0M | $2.0M | 10x | as long as short |
| Phemex HYPEUSDT | +0.0100% | 8h | 93.656 | +0.119% | $12.8M | $2.6M | 50x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 93.556 | +0.012% | $204K | $12K | 10x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 93.676 | +0.140% | $18.3M | $41.1M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0104% | 1h | 93.677 | +0.141% | $398K | $318K | 20x | as long as short |
| edgeX HYPEUSDC | +0.0105% | 4h | 93.554 | +0.010% | $5.1M | $29.5M | 30x | as long as short |
| Kalshi KXHYPEPERP | +0.0133% | 8h | 93.760 | +0.230% | $1.9M | $5.3M | 2.3x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0166% | 1h | 93.783 | +0.254% | $7.4M | $4.6M | 50x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0208% | 1h | 93.690 | +0.155% | $4.9M | $5.7M | 50x | as long as short |
| Reya HYPERUSDPERP | +0.0245% | 1h | 93.704 | +0.170% | $78K | $158K | 15x | as long as short |
| Injective HYPE/USDC PERP | +0.0285% | 1h | 93.500 | −0.048% | $30K | $291K | 12x | as long as short |
| HTX HYPE-USDT | +0.0316% | 4h | 93.850 | +0.326% | $1.5M | $7.6M | 75x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0339% / S −0.0164% | 1h | 93.732 | +0.200% | $1.4M | — | 100x | as long as short |
| BloFin HYPE-USDT | +0.0340% | 4h | 93.597 | +0.056% | $17.1M | $12.5M | 75x | as long as short |
| RISEx HYPE/USDC | +0.0467% | 1h | 93.753 | +0.222% | $2.8M | $6.8M | 20x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0572% | 1h | 93.790 | +0.262% | $19.2M | $26.0M | 50x | as long as short |
Aster HYPEUSDT
Gate HYPE_USDT
Bybit HYPEUSDT
Popdex HYPEUSDT
Orderly PERP_HYPE_USDC
Phoenix HYPE
Lighter HYPE
Lighter RH HYPE
Paradex HYPE-USD-PERP
Katana Perps HYPE-USD
Nado HYPE-PERP
Hyperliquid HYPE
Pacifica HYPE
Binance HYPEUSDT
OKX HYPE-USDT-SWAP
Arcus HYPE-USD
MEXC HYPE_USDT
KuCoin HYPEUSDTM
Bitget HYPEUSDT
BingX HYPE-USDT
Backpack HYPE_USDC_PERP
Variational Omni HYPE
GRVT HYPE_USDT_Perp
StandX HYPE-USD
Vest HYPE-PERP
Polymarket Perps HYPE-USD
Bluefin HYPE-PERP
SunX HYPE-USDT
SoDEX HYPE-USD
Phemex HYPEUSDT
Bulk HYPE-USD
Extended HYPE-USD
Aevo HYPE-PERP
edgeX HYPEUSDC
Kalshi KXHYPEPERP
Deribit HYPE_USDC-PERPETUAL
Coinbase International HYPE-PERP-INTX
Reya HYPERUSDPERP
Injective HYPE/USDC PERP
HTX HYPE-USDT
GMX HYPE/USD [WBTC.b-USDC]
BloFin HYPE-USDT
RISEx HYPE/USDC
Kraken Futures PF_HYPEUSD