HYPE

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0024%/8h= −2.7% APRnext payment −$0.03 per $10,000 · paid last 24h −0.007%

Price spread now: Vest against ApeX Omni+0.231%7-day average −0.002% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on ApeX Omni Short on Vest

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.124%−$12 on $10k

Price spread, last 4 days (all we have)+0.096%+$10 · spread now +0.231%, 7d avg −0.002%

Together, before fees−0.027%+ Points / potential airdropVest: Active · farm board−$3 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Vest is 0.233% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.231% now, against its 7-day average of −0.002%): +$23 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 32 days. At the pace of the last 4 days (−0.124% in total) that is about 6.7 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni HYPEUSDT	94.574	0.0100	pay 0.0013% / 1h	56m 46s	$351K	$1.1M	50x
Short	Vest HYPE-PERP	94.792	0.0076	get 0.0009% / 1h	56m 46s	—	$190K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest against ApeX Omni. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee ApeX OmnibpFee VestbpOrdersPrice spread, now +0.231%Rate

Funding earned: −$5.11
Price spread: +0.231% → −0.002%: $23.32
Slippage, 4 orders: no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Vest: 1 bp × 2 orders: −$2
Net: $6.21
Costs to cover: 0.120%
Break-even: from the start

Slippage unknown: ApeX Omni: live order book, 2 min ago; Vest: 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	4.28 bp	10.9 bp −$11	15.1 bp −$151	doesn't fit	doesn't fit
Sell Vest no order-book sample	—	—	—	—	—

Vest: 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
Hibachi HYPE/USDT-P	−0.1472%	1h	94.558	−0.017%	$207K	$268K	7x	as long as short
Bluefin HYPE-PERP	−0.0292%	1h	94.697	+0.130%	$80K	$151K	20x	as long as short
Aftermath Perps HYPEUSD	−0.0253%	1h	94.600	+0.027%	$22K	$20K	10x	as long as short
Arcus HYPE-USD	−0.0112%	1h	94.697	+0.130%	$1.0M	$3.5M	10x	as long as short
Ondo Perps HYPE-USD.P	−0.0085%	1h	94.610	+0.038%	$712K	$1.2M	10x	as long as short
Hotstuff HYPE-PERP	−0.0080%	1h	94.668	+0.099%	$3K	$331	25x	as long as short
01 Exchange HYPEUSD	−0.0072%	1h	94.763	+0.200%	$87K	$364K	20x	as long as short
Kraken Futures PF_HYPEUSD	−0.0047%	1h	94.772	+0.209%	$20.3M	$30.3M	50x	as long as short
Phemex HYPEUSDT	−0.0046%	8h	94.697	+0.130%	$12.9M	$2.9M	50x	as long as short
Orderly PERP_HYPE_USDC	−0.0006%	4h	94.696	+0.129%	$147K	$686K	20x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX HYPE-USD	0.0000%	1h	94.744	+0.180%	$130K	$94K	5x	as long as short
Kalshi KXHYPEPERP	0.0000%	8h	94.848	+0.290%	$1.9M	$5.5M	2.3x	as long as short
Phoenix HYPE	0.0000%	1h	94.723	+0.158%	$210K	$1.2M	10x	as long as short
Perpl HYPE	0.0000%	43m	94.719	+0.154%	$19K	$285K	10x	as long as short
gTrade (Gains Network) HYPE/USD	L +0.0002% / S 0.0000%	1h	94.747	+0.183%	$124K	—	150x	as long as short
Bitget HYPEUSDT	+0.0014%	4h	94.718	+0.152%	$227.2M	$100.5M	75x	as long as short
Coinbase International HYPE-PERP-INTX	+0.0016%	1h	94.700	+0.133%	$4.7M	$6.2M	50x	as long as short
Derive HYPE-PERP	+0.0022%	1h	94.691	+0.124%	$16.4M	$7.4M	10x	as long as short
Paradex HYPE-USD-PERP	+0.0048%	8h	94.710	+0.144%	$338K	$154K	20x	as long as short
Bullet HYPE-USD	+0.0062%	1h	94.734	+0.169%	$112K	$575K	20x	as long as short
OKX HYPE-USDT-SWAP	+0.0063%	8h	94.670	+0.102%	$118.1M	$326.7M	50x	as long as short
Vest HYPE-PERPshort	+0.0076%	1h	94.792	+0.231%	—	$190K	5x
Lighter HYPE	+0.0080%	1h	94.710	+0.143%	$16.3M	$61.7M	20x	as long as short
Bybit HYPEUSDT	+0.0085%	8h	94.690	+0.123%	$318.1M	$288.9M	75x	as long as short
edgeX HYPEUSDC	+0.0092%	4h	94.580	+0.006%	$5.0M	$30.6M	30x	as long as short
Lighter RH HYPE	+0.0096%	1h	94.712	+0.146%	$3.2M	$10.2M	20x	as long as short
Popdex HYPEUSDT	+0.0096%	1h	94.740	+0.176%	$121K	$1.2M	50x	as long as short
Gate HYPE_USDT	+0.0096%	4h	94.722	+0.156%	$50.8M	$53.6M	75x	as long as short
Katana Perps HYPE-USD	+0.0100%	8h	94.700	+0.133%	$28K	$1.7M	10x	as long as short
Nado HYPE-PERP	+0.0100%	1h	94.698	+0.132%	$7.3M	$53.0M	10x	as long as short
Hyperliquid HYPE	+0.0100%	1h	94.829	+0.270%	$2.08B	$690.2M	10x	as long as short
Aster HYPEUSDT	+0.0100%	4h	94.721	+0.155%	$9.6M	$37.3M	300x	as long as short
Pacifica HYPE	+0.0100%	1h	94.742	+0.178%	$10.2M	$14.8M	20x	as long as short
Binance HYPEUSDT	+0.0100%	4h	94.731	+0.166%	$379.9M	$934.0M	75x	as long as short
Bulk HYPE-USD	+0.0100%	1h	94.685	+0.117%	$219K	$12K	10x	as long as short
MEXC HYPE_USDT	+0.0100%	4h	94.744	+0.180%	$93.6M	$84.5M	100x	as long as short
KuCoin HYPEUSDTM	+0.0100%	4h	94.723	+0.158%	$46.9M	$18.9M	75x	as long as short
BingX HYPE-USDT	+0.0100%	4h	94.724	+0.159%	—	$53.1M	—	as long as short
Backpack HYPE_USDC_PERP	+0.0100%	1h	94.701	+0.134%	$7.6M	$10.6M	20x	as long as short
Variational Omni HYPE	+0.0100%	8h	94.532	−0.044%	$29.7M	$55.0M	—	as long as short
GRVT HYPE_USDT_Perp	+0.0100%	4h	94.625	+0.054%	$7.6M	$44.6M	10x	as long as short
ApeX Omni HYPEUSDTlong	+0.0100%	1h	94.574	long leg	$351K	$1.1M	50x
StandX HYPE-USD	+0.0100%	1h	94.684	+0.116%	$696K	$2.7M	20x	as long as short
Polymarket Perps HYPE-USD	+0.0100%	1h	94.799	+0.238%	$500K	$2.8M	20x	as long as short
SunX HYPE-USDT	+0.0100%	4h	94.831	+0.272%	$33K	$1.6M	20x	as long as short
SoDEX HYPE-USD	+0.0100%	1h	94.730	+0.165%	$2.1M	$1.9M	10x	as long as short
HTX HYPE-USDT	+0.0100%	4h	94.853	+0.295%	$1.4M	$6.9M	75x	as long as short
Extended HYPE-USD	+0.0104%	1h	94.720	+0.154%	$18.4M	$43.1M	50x	as long as short
Aevo HYPE-PERP	+0.0104%	1h	94.751	+0.187%	$401K	$153K	20x	as long as short
RISEx HYPE/USDC	+0.0133%	1h	94.762	+0.199%	$3.2M	$6.4M	20x	as long as short
Injective HYPE/USDC PERP	+0.0153%	1h	94.840	+0.281%	$31K	$339K	12x	as long as short
Reya HYPERUSDPERP	+0.0272%	1h	94.673	+0.105%	$83K	$120K	15x	as long as short
Deribit HYPE_USDC-PERPETUAL	+0.0288%	1h	94.820	+0.260%	$7.5M	$4.4M	50x	as long as short
GMX HYPE/USD [WBTC.b-USDC]	L +0.0327% / S −0.0152%	1h	94.769	+0.206%	$1.4M	—	100x	as long as short
BloFin HYPE-USDT	+0.0340%	4h	94.728	+0.163%	$15.8M	$12.4M	75x	as long as short