Funding you earn now, next payment 22:00 UTC+0.0015%/8h= +1.6% APRpaid last 24h −0.002%
Price spread now: edgeX against ApeX Omni−0.043%7-day average +0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$27as in the Funding arb table
Net, price: spread back to 7d avg − costs−$32as in the Price arb table
costs, in and out, $10k−$270.275% of the position
Funding, last 7 days+0.003%$0 on $10k
+Price spread, last 3 days (all we have)+0.064%+$6 · spread now −0.043%, 7d avg +0.002%
=Together, before fees+0.068%+ Points / potential airdropedgeX: Active · farm board+$7 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.045% cheaper against ApeX Omni than usual: you would sell low and buy high (spread −0.043% now, against its 7-day average of +0.002%). If the spread goes back, that is −$5 on $10k: about 10 days of funding at the current rate ($0 a day). At the pace of the last 7 days (+0.003% in total) that is about 3 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni HYPEUSDT | 93.572 | 0.0100 | pay 0.0013% / 1h | 30m 32s | $406K | $1.0M | 50x |
| Short | edgeX HYPEUSDC | 93.532 | 0.0115 | get 0.0057% / 4h | 2h 30m | $5.1M | $29.6M | 30x |
ApeX Omni HYPEUSDT
edgeX HYPEUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- $3.1
- Price spread: −0.043% → +0.002%
- −$4.51
- Slippage, 4 orders
- −$8.48
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$28.89
- Costs to cover
- 0.275%
- Break-even
- 72.3 days
Slippage from ApeX Omni: live order book, 3 min ago; edgeX: live order book, 4 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, 3 min ago | 3.26 bp | 8.3 bp −$8 | 10.6 bp −$106 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 4 min ago | 0.32 bp | 4.8 bp −$5 | 5.0 bp −$50 | 148.6 bp −$14.9K | doesn't fit |
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 | −0.1064% | 1h | 93.496 | −0.082% | $197K | $233K | 7x | as long as short |
| Aftermath Perps HYPEUSD | −0.0275% | 1h | 93.536 | −0.038% | $22K | $22K | 10x | as long as short |
| Ondo Perps HYPE-USD.P | −0.0242% | 1h | 93.480 | −0.098% | $701K | $941K | 10x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 93.559 | −0.014% | $3K | $331 | 25x | as long as short |
| 01 Exchange HYPEUSD | −0.0072% | 1h | 93.583 | +0.012% | $89K | $347K | 20x | as long as short |
| Bullet HYPE-USD | −0.0028% | 1h | 93.511 | −0.065% | $112K | $583K | 20x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 93.563 | −0.009% | $127K | $32K | 5x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 93.566 | −0.006% | $23K | $337K | 10x | as long as short |
| Derive HYPE-PERP | +0.0001% | 1h | 93.516 | −0.060% | $16.4M | $7.1M | 10x | as long as short |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0001% | 1h | 93.551 | −0.023% | $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
dYdX HYPE-USD
Perpl HYPE
Derive HYPE-PERP
gTrade (Gains Network) HYPE/USDShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster HYPEUSDT | +0.0020% | 4h | 93.567 | −0.005% | $9.0M | $35.8M | 300x | as long as short |
| Gate HYPE_USDT | +0.0028% | 4h | 93.554 | −0.019% | $44.1M | $56.6M | 75x | as long as short |
| Bybit HYPEUSDT | +0.0037% | 8h | 93.550 | −0.024% | $325.9M | $287.1M | 75x | as long as short |
| Phoenix HYPE | +0.0068% | 1h | 93.549 | −0.025% | $216K | $1.2M | 10x | as long as short |
| Orderly PERP_HYPE_USDC | +0.0069% | 4h | 93.564 | −0.009% | $176K | $538K | 20x | as long as short |
| Popdex HYPEUSDT | +0.0072% | 1h | 93.547 | −0.027% | $57K | $1.2M | 50x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 93.605 | +0.035% | $18.6M | $59.5M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 93.588 | +0.017% | $3.1M | $12.3M | 20x | as long as short |
| Paradex HYPE-USD-PERP | +0.0100% | 8h | 93.581 | +0.009% | $340K | $170K | 20x | as long as short |
| Katana Perps HYPE-USD | +0.0100% | 8h | 93.570 | −0.002% | $40K | $1.6M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 93.546 | −0.027% | $6.0M | $44.1M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 93.650 | +0.083% | $2.04B | $669.4M | 10x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 93.575 | +0.003% | $10.0M | $14.4M | 20x | as long as short |
| Binance HYPEUSDT | +0.0100% | 4h | 93.520 | −0.056% | $385.9M | $887.4M | 75x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0100% | 8h | 93.546 | −0.028% | $114.9M | $315.3M | 50x | as long as short |
| Arcus HYPE-USD | +0.0100% | 1h | 93.538 | −0.036% | $1.2M | $4.0M | 10x | as long as short |
| MEXC HYPE_USDT | +0.0100% | 4h | 93.540 | −0.034% | $93.6M | $82.2M | 100x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 93.573 | +0.001% | $46.4M | $18.8M | 75x | as long as short |
| Bitget HYPEUSDT | +0.0100% | 4h | 93.574 | +0.002% | $227.3M | $102.2M | 75x | as long as short |
| BingX HYPE-USDT | +0.0100% | 4h | 93.510 | −0.066% | — | $54.2M | — | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 93.587 | +0.016% | $7.9M | $11.7M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 93.402 | −0.182% | $28.9M | $49.8M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 93.500 | −0.077% | $7.5M | $45.1M | 10x | as long as short |
| ApeX Omni HYPEUSDTlong | +0.0100% | 1h | 93.572 | long leg | $406K | $1.0M | 50x | |
| StandX HYPE-USD | +0.0100% | 1h | 93.599 | +0.029% | $677K | $2.4M | 20x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 93.600 | +0.030% | — | $454K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 93.594 | +0.024% | $494K | $2.6M | 20x | as long as short |
| Bluefin HYPE-PERP | +0.0100% | 1h | 93.573 | +0.001% | $76K | $167K | 20x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 93.594 | +0.024% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 93.549 | −0.025% | $2.0M | $2.0M | 10x | as long as short |
| Phemex HYPEUSDT | +0.0100% | 8h | 93.554 | −0.019% | $12.7M | $2.6M | 50x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 93.556 | −0.017% | $204K | $12K | 10x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 93.538 | −0.037% | $18.4M | $41.1M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0104% | 1h | 93.582 | +0.010% | $398K | $318K | 20x | as long as short |
| edgeX HYPEUSDCshort | +0.0115% | 4h | 93.532 | −0.043% | $5.1M | $29.6M | 30x | |
| Kalshi KXHYPEPERP | +0.0125% | 8h | 93.638 | +0.071% | $1.9M | $5.3M | 2.3x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0135% | 1h | 93.651 | +0.084% | $7.4M | $4.6M | 50x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0208% | 1h | 93.600 | +0.030% | $4.9M | $5.7M | 50x | as long as short |
| Reya HYPERUSDPERP | +0.0245% | 1h | 93.547 | −0.027% | $78K | $158K | 15x | as long as short |
| Injective HYPE/USDC PERP | +0.0285% | 1h | 93.490 | −0.088% | $30K | $231K | 12x | as long as short |
| HTX HYPE-USDT | +0.0335% | 4h | 93.730 | +0.169% | $1.5M | $7.6M | 75x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0339% / S −0.0164% | 1h | 93.600 | +0.029% | $1.4M | — | 100x | as long as short |
| BloFin HYPE-USDT | +0.0340% | 4h | 93.545 | −0.029% | $17.1M | $12.5M | 75x | as long as short |
| RISEx HYPE/USDC | +0.0467% | 1h | 93.615 | +0.045% | $2.7M | $6.8M | 20x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0572% | 1h | 93.661 | +0.095% | $19.2M | $26.0M | 50x | as long as short |
Aster HYPEUSDT
Gate HYPE_USDT
Bybit HYPEUSDT
Phoenix HYPE
Orderly PERP_HYPE_USDC
Popdex HYPEUSDT
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
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