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 03:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.001%
Price spread now: SoDEX against ApeX Omni+0.162%7-day average +0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$14as in the Price arb table
costs, in and out, $10k−$300.303% of the position
Long on ApeX OmniShort on SoDEX
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.001%$0 on $10k
Price spread, last 4 days (all we have)−0.353%−$35 · spread now +0.162%, 7d avg +0.002%
Together, before fees−0.352%−$35 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: SoDEX is 0.160% dearer against ApeX Omni than usual: you sell high and buy low, +$16 on $10k if it goes back to its 7-day average of +0.002%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni HYPEUSDT93.3490.0100pay 0.0013% / 1h32m 31s$339K$1.0M50x
ShortSoDEX HYPE-USD93.5000.0100get 0.0013% / 1h32m 31s$2.0M$1.9M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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: +0.162% → +0.002%
$16.02
Slippage, 4 orders
−$12.26
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$14.24
Costs to cover
0.303%
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 1 min ago; SoDEX: live order book, 1 min ago.

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, 1 min ago2.09 bp8.8 bp −$911.9 bp −$119doesn't fitdoesn't fit
Sell SoDEX live order book, 1 min ago0.21 bp7.1 bp −$711.7 bp −$117100.3 bp −$10.0Kdoesn'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−0.1296%1h93.403+0.057%$196K$226K7xas long as short
Arcus HYPE-USD−0.0899%1h93.353+0.004%$1.2M$3.8M10xas long as short
Ondo Perps HYPE-USD.P−0.0104%1h93.320−0.031%$699K$996K10xas long as short
Hotstuff HYPE-PERP−0.0080%1h93.479+0.139%$3K$33125xas long as short
Phemex HYPEUSDT−0.0073%8h93.467+0.126%$12.6M$2.7M50xas long as short
Aftermath Perps HYPEUSD−0.0064%1h93.426+0.083%$22K$21K10xas long as short
01 Exchange HYPEUSD−0.0056%1h93.484+0.145%$85K$344K20xas long as short
Orderly PERP_HYPE_USDC−0.0043%4h93.498+0.160%$154K$647K20xas long as short
Bullet HYPE-USD−0.0006%1h93.440+0.097%$111K$578K20xas long as short
dYdX HYPE-USD0.0000%1h93.478+0.138%$128K$31K5xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Perpl HYPE0.0000%43m93.447+0.105%$23K$322K10xas long as short
gTrade (Gains Network) HYPE/USDL +0.0002% / S −0.0002%1h93.454+0.112%$62K—150xas long as short
Aster HYPEUSDT+0.0025%4h93.460+0.119%$8.8M$35.5M300xas long as short
Phoenix HYPE+0.0026%1h93.393+0.047%$213K$1.2M10xas long as short
BingX HYPE-USDT+0.0026%4h93.446+0.104%—$53.0M—as long as short
Bybit HYPEUSDT+0.0036%8h93.460+0.119%$321.5M$277.3M75xas long as short
Gate HYPE_USDT+0.0050%4h93.440+0.097%$44.6M$54.9M75xas long as short
OKX HYPE-USDT-SWAP+0.0076%8h93.429+0.086%$114.2M$301.9M50xas long as short
Lighter HYPE+0.0096%1h93.469+0.129%$16.3M$61.7M20xas long as short
Lighter RH HYPE+0.0096%1h93.455+0.114%$3.1M$11.6M20xas long as short
Popdex HYPEUSDT+0.0096%1h93.470+0.130%$69K$1.2M50xas long as short
Paradex HYPE-USD-PERP+0.0097%8h93.492+0.153%$340K$162K20xas long as short
MEXC HYPE_USDT+0.0098%4h93.469+0.129%$89.9M$80.8M100xas long as short
edgeX HYPEUSDC+0.0100%4h93.360+0.012%$5.1M$29.7M30xas long as short
Katana Perps HYPE-USD+0.0100%8h93.470+0.130%$17K$1.6M10xas long as short
Nado HYPE-PERP+0.0100%1h93.441+0.099%$5.8M$43.2M10xas long as short
Hyperliquid HYPE+0.0100%1h93.537+0.201%$2.04B$654.0M10xas long as short
Pacifica HYPE+0.0100%1h93.481+0.142%$10.1M$14.6M20xas long as short
Binance HYPEUSDT+0.0100%4h93.470+0.130%$379.1M$876.0M75xas long as short
Bulk HYPE-USD+0.0100%1h93.364+0.016%$203K$10K10xas long as short
KuCoin HYPEUSDTM+0.0100%4h93.491+0.152%$46.0M$18.1M75xas long as short
Bitget HYPEUSDT+0.0100%4h93.468+0.127%$226.0M$96.6M75xas long as short
Backpack HYPE_USDC_PERP+0.0100%1h93.444+0.102%$7.4M$10.3M20xas long as short
Variational Omni HYPE+0.0100%8h93.367+0.019%$31.1M$53.9M—as long as short
GRVT HYPE_USDT_Perp+0.0100%4h93.422+0.079%$7.5M$45.5M10xas long as short
ApeX Omni HYPEUSDTlong+0.0100%1h93.349long leg$339K$1.0M50x
StandX HYPE-USD+0.0100%1h93.512+0.175%$667K$2.6M20xas long as short
Vest HYPE-PERP+0.0100%1h93.496+0.157%—$243K5xas long as short
Polymarket Perps HYPE-USD+0.0100%1h93.496+0.157%$472K$2.5M20xas long as short
Bluefin HYPE-PERP+0.0100%1h93.467+0.126%$79K$170K20xas long as short
Derive HYPE-PERP+0.0100%1h93.466+0.126%$16.2M$7.5M10xas long as short
SunX HYPE-USDT+0.0100%4h93.540+0.205%$32K$1.6M20xas long as short
SoDEX HYPE-USDshort+0.0100%1h93.500+0.162%$2.0M$1.9M10x
Extended HYPE-USD+0.0104%1h93.438+0.096%$18.4M$43.6M50xas long as short
Aevo HYPE-PERP+0.0104%1h93.486+0.146%$398K$162K20xas long as short
Coinbase International HYPE-PERP-INTX+0.0176%1h93.580+0.247%$4.8M$5.6M50xas long as short
HTX HYPE-USDT+0.0190%4h93.650+0.322%$1.4M$6.0M75xas long as short
Reya HYPERUSDPERP+0.0258%1h93.452+0.111%$79K$140K15xas long as short
Kalshi KXHYPEPERP+0.0278%8h93.511+0.174%$1.9M$5.0M2.3xas long as short
GMX HYPE/USD [WBTC.b-USDC]L +0.0331% / S −0.0156%1h93.460+0.119%$1.4M—100xas long as short
BloFin HYPE-USDT+0.0340%4h93.487+0.148%$17.0M$11.6M75xas long as short
Deribit HYPE_USDC-PERPETUAL+0.0359%1h93.583+0.251%$7.5M$4.4M50xas long as short
RISEx HYPE/USDC+0.0510%1h93.559+0.225%$3.2M$6.3M20xas long as short
Injective HYPE/USDC PERP+0.0519%1h93.370+0.022%$30K$339K12xas long as short
Kraken Futures PF_HYPEUSD+0.0684%1h93.553+0.219%$20.8M$29.7M50xas long as short