Settings8H · net · $10k
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Funding arb · Price arb /

HYPE

all HYPE markets
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Alert: funding
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Alert: spread
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Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.059%
Price spread now: ApeX Omni against Arcus−0.055%7-day average +0.040% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$240.244% of the position
Long on ArcusShort on ApeX Omni
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.071%+$7 on $10k
Price spread, last 3 days (all we have)+0.311%+$31 · spread now −0.055%, 7d avg +0.040%
Together, before fees+0.382%+$38 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: ApeX Omni is 0.094% cheaper against Arcus than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of +0.040%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongArcus HYPE-USD93.5330.0100pay 0.0013% / 1h33m 05s$1.2M$4.0M10x
ShortApeX Omni HYPEUSDT93.4820.0100get 0.0013% / 1h33m 05s$406K$1.0M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Arcus. 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: −0.055% → +0.040%
−$9.42
Slippage, 4 orders
−$9.87
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$33.8
Costs to cover
0.244%
Break-even
never at this rate
Slippage from Arcus: live order book, 1 min ago; ApeX Omni: 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 Arcus live order book, 1 min ago0.69 bp3.3 bp −$33.7 bp −$3719.1 bp −$1,913doesn't fit
Sell ApeX Omni live order book, 1 min ago3.26 bp9.6 bp −$1013.0 bp −$130doesn't fitdoesn'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−0.1088%1h93.453−0.085%$197K$233K7xas long as short
Aftermath Perps HYPEUSD−0.0268%1h93.482−0.055%$22K$22K10xas long as short
Ondo Perps HYPE-USD.P−0.0238%1h93.450−0.089%$701K$940K10xas long as short
01 Exchange HYPEUSD−0.0080%1h93.587+0.058%$89K$348K20xas long as short
Hotstuff HYPE-PERP−0.0080%1h93.527−0.006%$3K$33125xas long as short
Bullet HYPE-USD−0.0033%1h93.551+0.019%$112K$583K20xas long as short
dYdX HYPE-USD0.0000%1h93.563+0.032%$127K$32K5xas long as short
Perpl HYPE0.0000%43m93.565+0.034%$23K$337K10xas long as short
Derive HYPE-PERP+0.0001%1h93.507−0.028%$16.4M$7.1M10xas long as short
gTrade (Gains Network) HYPE/USDL +0.0002% / S −0.0001%1h93.590+0.061%$20K—150xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster HYPEUSDT+0.0017%4h93.562+0.031%$9.0M$35.8M300xas long as short
Gate HYPE_USDT+0.0032%4h93.556+0.025%$44.1M$56.6M75xas long as short
Bybit HYPEUSDT+0.0037%8h93.550+0.018%$325.9M$287.3M75xas long as short
Phoenix HYPE+0.0068%1h93.549+0.017%$216K$1.2M10xas long as short
Orderly PERP_HYPE_USDC+0.0070%4h93.561+0.030%$180K$529K20xas long as short
Popdex HYPEUSDT+0.0080%1h93.550+0.018%$57K$1.2M50xas long as short
Lighter HYPE+0.0096%1h93.605+0.077%$18.6M$59.5M20xas long as short
Lighter RH HYPE+0.0096%1h93.581+0.051%$3.1M$12.3M20xas long as short
Paradex HYPE-USD-PERP+0.0100%8h93.578+0.048%$340K$170K20xas long as short
Katana Perps HYPE-USD+0.0100%8h93.560+0.029%$40K$1.6M10xas long as short
Nado HYPE-PERP+0.0100%1h93.550+0.019%$6.0M$44.1M10xas long as short
Hyperliquid HYPE+0.0100%1h93.631+0.105%$2.04B$668.5M10xas long as short
Pacifica HYPE+0.0100%1h93.574+0.044%$10.0M$14.4M20xas long as short
Binance HYPEUSDT+0.0100%4h93.560+0.029%$385.8M$888.2M75xas long as short
OKX HYPE-USDT-SWAP+0.0100%8h93.562+0.031%$114.9M$315.8M50xas long as short
Arcus HYPE-USDlong+0.0100%1h93.533long leg$1.2M$4.0M10x
Bulk HYPE-USD+0.0100%1h93.403−0.139%$204K$12K10xas long as short
MEXC HYPE_USDT+0.0100%4h93.564+0.033%$92.9M$82.1M100xas long as short
KuCoin HYPEUSDTM+0.0100%4h93.575+0.045%$46.4M$18.8M75xas long as short
Bitget HYPEUSDT+0.0100%4h93.579+0.049%$227.3M$102.2M75xas long as short
BingX HYPE-USDT+0.0100%4h93.548+0.016%—$54.2M—as long as short
Backpack HYPE_USDC_PERP+0.0100%1h93.593+0.064%$7.9M$11.7M20xas long as short
Variational Omni HYPE+0.0100%8h93.402−0.140%$28.9M$49.8M—as long as short
GRVT HYPE_USDT_Perp+0.0100%4h93.500−0.035%$7.5M$45.1M10xas long as short
ApeX Omni HYPEUSDTshort+0.0100%1h93.482−0.055%$406K$1.0M50x
StandX HYPE-USD+0.0100%1h93.503−0.032%$676K$2.4M20xas long as short
Vest HYPE-PERP+0.0100%1h93.577+0.047%—$454K5xas long as short
Polymarket Perps HYPE-USD+0.0100%1h93.588+0.059%$494K$2.6M20xas long as short
Bluefin HYPE-PERP+0.0100%1h93.589+0.060%$76K$168K20xas long as short
SunX HYPE-USDT+0.0100%4h93.611+0.083%$32K$1.6M20xas long as short
SoDEX HYPE-USD+0.0100%1h93.560+0.029%$2.0M$2.0M10xas long as short
Phemex HYPEUSDT+0.0100%8h93.549+0.017%$12.7M$2.6M50xas long as short
Extended HYPE-USD+0.0104%1h93.551+0.019%$18.4M$41.1M50xas long as short
Aevo HYPE-PERP+0.0104%1h93.577+0.047%$398K$318K20xas long as short
edgeX HYPEUSDC+0.0117%4h93.456−0.082%$5.1M$29.6M30xas long as short
Kalshi KXHYPEPERP+0.0119%8h93.588+0.059%$1.9M$5.3M2.3xas long as short
Deribit HYPE_USDC-PERPETUAL+0.0188%1h93.655+0.130%$7.4M$4.6M50xas long as short
Coinbase International HYPE-PERP-INTX+0.0208%1h93.620+0.093%$4.9M$5.7M50xas long as short
Reya HYPERUSDPERP+0.0245%1h93.562+0.031%$78K$158K15xas long as short
Injective HYPE/USDC PERP+0.0285%1h93.710+0.189%$30K$231K12xas long as short
HTX HYPE-USDT+0.0334%4h93.736+0.217%$1.5M$7.6M75xas long as short
GMX HYPE/USD [WBTC.b-USDC]L +0.0339% / S −0.0164%1h93.588+0.059%$1.4M—100xas long as short
BloFin HYPE-USDT+0.0340%4h93.559+0.028%$17.1M$12.5M75xas long as short
RISEx HYPE/USDC+0.0467%1h93.617+0.090%$2.8M$6.8M20xas long as short
Kraken Futures PF_HYPEUSD+0.0572%1h93.667+0.144%$19.2M$25.9M50xas long as short