Funding you earn now, next payment 03:05 UTC−0.0068%/8h= −7.4% APRpaid last 24h −0.019%
Price spread now: Perpl against ApeX Omni+0.233%65s7-day average +0.010% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.150%−$15 on $10k
+Price spread, last 4 days (all we have)+0.037%+$4 · spread now +0.233%, 7d avg +0.010%
=Together, before fees−0.113%+ Points / potential airdropPerpl: Active · farm board−$11 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Perpl is 0.223% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.233% now, against its 7-day average of +0.010%): +$22 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 11 days. The two prices were read 65 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni HYPEUSDT | 92.356 | 0.0068 | pay 0.0008% / 1h | 52m 13s | $337K | $1.0M | 50x |
| Short | Perpl HYPE | 92.571 | 0 | get 0.0000% / 43m | 23m 13s | $23K | $309K | 10x |
ApeX Omni HYPEUSDT
Perpl HYPEFunding history
latest
Range statsloading…
Price spread between the two exchanges
Perpl 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
- −$14.18
- Price spread: +0.233% → +0.010%
- $22.35
- Slippage, 4 orders
- no order book: not counted
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Perpl: 6.9 bp × 2 orders
- −$13.8
- Net
- −$15.63
- Costs to cover
- 0.238%
- Break-even
- never at this rate
Slippage unknown: ApeX Omni: live order book, 2 min ago; Perpl: no order-book sample. 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 ApeX Omni live order book, 2 min ago | 2.64 bp | 8.6 bp −$9 | 11.4 bp −$114 | doesn't fit | doesn't fit |
| Sell Perpl no order-book sample | — | — | — | — | — |
Perpl: 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 | |
|---|---|---|---|---|---|---|---|---|
| Arcus HYPE-USD | −0.0948% | 1h | 92.446 | +0.097% | $1.2M | $3.8M | 10x | as long as short |
| Hibachi HYPE/USDT-P | −0.0760% | 1h | 92.788 | +0.468% | $195K | $227K | 7x | as long as short |
| Aftermath Perps HYPEUSD | −0.0110% | 1h | 92.736 | +0.412% | $22K | $21K | 10x | as long as short |
| 01 Exchange HYPEUSD | −0.0104% | 1h | 92.553 | +0.213% | $86K | $351K | 20x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 92.573 | +0.235% | $3K | $331 | 25x | as long as short |
| Orderly PERP_HYPE_USDC | −0.0065% | 4h | 92.552 | +0.212% | $158K | $663K | 20x | as long as short |
| Ondo Perps HYPE-USD.P | −0.0064% | 1h | 92.720 | +0.394% | $699K | $1.1M | 10x | as long as short |
| Bullet HYPE-USD | −0.0048% | 1h | 92.565 | +0.226% | $111K | $579K | 20x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 92.691 | +0.363% | $127K | $31K | 5x | as long as short |
| Perpl HYPEshort | 0.0000% | 43m | 92.571 | +0.233% | $23K | $309K | 10x |
Arcus HYPE-USD
Hibachi HYPE/USDT-P
Aftermath Perps HYPEUSD
01 Exchange HYPEUSD
Hotstuff HYPE-PERP
Orderly PERP_HYPE_USDC
Ondo Perps HYPE-USD.P
Bullet HYPE-USD
dYdX HYPE-USDShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0002% | 1h | 92.608 | +0.273% | $62K | — | 150x | as long as short |
| Aster HYPEUSDT | +0.0006% | 4h | 92.622 | +0.288% | $8.7M | $36.2M | 300x | as long as short |
| Derive HYPE-PERP | +0.0018% | 1h | 92.535 | +0.194% | $16.0M | $7.5M | 10x | as long as short |
| Phemex HYPEUSDT | +0.0026% | 8h | 92.568 | +0.230% | $12.5M | $2.7M | 50x | as long as short |
| BingX HYPE-USDT | +0.0032% | 4h | 92.553 | +0.213% | — | $53.2M | — | as long as short |
| Bybit HYPEUSDT | +0.0037% | 8h | 92.540 | +0.199% | $317.7M | $279.2M | 75x | as long as short |
| Phoenix HYPE | +0.0043% | 1h | 92.855 | +0.540% | $211K | $1.2M | 10x | as long as short |
| Gate HYPE_USDT | +0.0050% | 4h | 92.583 | +0.246% | $44.5M | $54.5M | 75x | as long as short |
| ApeX Omni HYPEUSDTlong | +0.0068% | 1h | 92.356 | long leg | $337K | $1.0M | 50x | |
| OKX HYPE-USDT-SWAP | +0.0074% | 8h | 92.548 | +0.208% | $113.2M | $300.8M | 50x | as long as short |
| Popdex HYPEUSDT | +0.0080% | 1h | 92.552 | +0.212% | $67K | $1.2M | 50x | as long as short |
| MEXC HYPE_USDT | +0.0084% | 4h | 92.563 | +0.224% | $87.8M | $80.1M | 100x | as long as short |
| Binance HYPEUSDT | +0.0084% | 4h | 92.563 | +0.224% | $372.3M | $892.6M | 75x | as long as short |
| edgeX HYPEUSDC | +0.0090% | 4h | 92.792 | +0.472% | $5.1M | $29.2M | 30x | as long as short |
| Paradex HYPE-USD-PERP | +0.0093% | 8h | 92.623 | +0.289% | $338K | $162K | 20x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 92.580 | +0.243% | $16.0M | $62.0M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 92.558 | +0.219% | $3.1M | $11.6M | 20x | as long as short |
| Katana Perps HYPE-USD | +0.0100% | 8h | 92.540 | +0.199% | $14K | $1.6M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 92.579 | +0.242% | $5.8M | $43.1M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 92.600 | +0.264% | $2.02B | $657.8M | 10x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 92.620 | +0.286% | $10.0M | $14.9M | 20x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 92.800 | +0.481% | $202K | $13K | 10x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 92.594 | +0.258% | $45.9M | $18.2M | 75x | as long as short |
| Bitget HYPEUSDT | +0.0100% | 4h | 92.559 | +0.220% | $224.0M | $97.5M | 75x | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 92.550 | +0.210% | $7.4M | $10.0M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 92.820 | +0.502% | $28.4M | $57.0M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 92.596 | +0.260% | $7.5M | $45.7M | 10x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 92.793 | +0.473% | $665K | $2.7M | 20x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 92.646 | +0.314% | — | $243K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 92.612 | +0.277% | $468K | $2.6M | 20x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 92.628 | +0.295% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 92.578 | +0.240% | $2.0M | $2.0M | 10x | as long as short |
| HTX HYPE-USDT | +0.0100% | 4h | 92.721 | +0.395% | $1.4M | $6.2M | 75x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 92.556 | +0.216% | $18.1M | $43.3M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0104% | 1h | 92.580 | +0.242% | $391K | $164K | 20x | as long as short |
| Injective HYPE/USDC PERP | +0.0150% | 1h | 93.000 | +0.697% | $30K | $339K | 12x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0160% | 1h | 92.630 | +0.297% | $4.7M | $5.5M | 50x | as long as short |
| Reya HYPERUSDPERP | +0.0260% | 1h | 92.568 | +0.230% | $79K | $140K | 15x | as long as short |
| Kalshi KXHYPEPERP | +0.0263% | 8h | 92.699 | +0.371% | $1.8M | $5.4M | 2.3x | as long as short |
| BloFin HYPE-USDT | +0.0325% | 4h | 92.787 | +0.467% | $16.8M | $11.5M | 75x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0330% / S −0.0153% | 1h | 92.602 | +0.266% | $1.4M | — | 100x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0332% | 1h | 92.618 | +0.284% | $20.6M | $30.3M | 50x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0473% | 1h | 92.680 | +0.351% | $7.5M | $4.4M | 50x | as long as short |
| RISEx HYPE/USDC | +0.0687% | 1h | 92.626 | +0.293% | $3.1M | $6.4M | 20x | as long as short |
| Bluefin HYPE-PERP | +0.1674% | 1h | 92.565 | +0.226% | $78K | $169K | 20x | as long as short |
gTrade (Gains Network) HYPE/USD
Aster HYPEUSDT
Derive HYPE-PERP
Phemex HYPEUSDT
BingX HYPE-USDT
Bybit HYPEUSDT
Phoenix HYPE
Gate HYPE_USDT
OKX HYPE-USDT-SWAP
Popdex HYPEUSDT
MEXC HYPE_USDT
Binance HYPEUSDT
edgeX HYPEUSDC
Paradex HYPE-USD-PERP
Lighter HYPE
Lighter RH HYPE
Katana Perps HYPE-USD
Nado HYPE-PERP
Hyperliquid HYPE
Pacifica HYPE
Bulk HYPE-USD
KuCoin HYPEUSDTM
Bitget HYPEUSDT
Backpack HYPE_USDC_PERP
Variational Omni HYPE
GRVT HYPE_USDT_Perp
StandX HYPE-USD
Vest HYPE-PERP
Polymarket Perps HYPE-USD
SunX HYPE-USDT
SoDEX HYPE-USD
HTX HYPE-USDT
Extended HYPE-USD
Aevo HYPE-PERP
Injective HYPE/USDC PERP
Coinbase International HYPE-PERP-INTX
Reya HYPERUSDPERP
Kalshi KXHYPEPERP
BloFin HYPE-USDT
GMX HYPE/USD [WBTC.b-USDC]
Kraken Futures PF_HYPEUSD
Deribit HYPE_USDC-PERPETUAL
RISEx HYPE/USDC
Bluefin HYPE-PERP