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

HYPE

all HYPE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0950%/8h= +104.1% APRnext payment +$1.19 per $10,000 · paid last 24h +0.052%
Price spread now: gTrade (Gains Network) against Arcus+0.107%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$29 a day on $10k at the current rate, and gTrade (Gains Network) is 0.107% dearer against Arcus than usual: you sell high and buy low: +$11 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongArcus HYPE-USD92.216−0.0948get 0.0119% / 1h49m 01s$1.2M$3.8M10x
ShortgTrade (Gains Network) HYPE/USD92.315L +0.0002% / S −0.0002%get 0.0000% / 1h49m 01s$61K150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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
$199.55
Price spread: +0.107% → 0.000%
$10.74
Slippage, 4 orders
no order book: not counted
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
$195.79
Costs to cover
0.145%
Break-even
0.1 days
Slippage unknown: Arcus: live order book, 5 min ago; gTrade (Gains Network): 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
LegHalf-spread$10k$100k$1M$5M
Buy Arcus live order book, 5 min ago0.59 bp3.3 bp −$37.4 bp −$7426.6 bp −$2,661doesn't fit
Sell gTrade (Gains Network) no order-book sample
gTrade (Gains Network): 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus HYPE-USDlong−0.0948%1h92.216long leg$1.2M$3.8M10x
Hibachi HYPE/USDT-P−0.0712%1h92.416+0.217%$194K$227K7xas long as short
Aftermath Perps HYPEUSD−0.0115%1h92.597+0.413%$22K$21K10xas long as short
01 Exchange HYPEUSD−0.0112%1h92.316+0.108%$85K$352K20xas long as short
Hotstuff HYPE-PERP−0.0080%1h92.501+0.309%$3K$33125xas long as short
Orderly PERP_HYPE_USDC−0.0068%4h92.272+0.061%$157K$663K20xas long as short
Bullet HYPE-USD−0.0064%1h92.280+0.069%$110K$579K20xas long as short
Ondo Perps HYPE-USD.P−0.0046%1h92.280+0.069%$699K$1.1M10xas long as short
Aster HYPEUSDT−0.0005%4h92.322+0.115%$8.7M$36.2M300xas long as short
dYdX HYPE-USD0.0000%1h92.417+0.218%$127K$31K5xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Perpl HYPE0.0000%43m92.341+0.135%$22K$310K10xas long as short
gTrade (Gains Network) HYPE/USDshortL +0.0002% / S −0.0002%1h92.315+0.107%$61K150x
Derive HYPE-PERP+0.0020%1h92.242+0.029%$16.0M$7.5M10xas long as short
BingX HYPE-USDT+0.0032%4h92.294+0.085%$53.2Mas long as short
Bybit HYPEUSDT+0.0037%8h92.330+0.124%$316.7M$279.5M75xas long as short
Phoenix HYPE+0.0043%1h92.430+0.232%$210K$1.2M10xas long as short
Phemex HYPEUSDT+0.0045%8h92.304+0.095%$12.5M$2.7M50xas long as short
Gate HYPE_USDT+0.0048%4h92.287+0.077%$44.3M$54.6M75xas long as short
OKX HYPE-USDT-SWAP+0.0075%8h92.340+0.134%$112.8M$300.4M50xas long as short
MEXC HYPE_USDT+0.0078%4h92.298+0.089%$87.0M$80.3M100xas long as short
Binance HYPEUSDT+0.0079%4h92.318+0.111%$371.1M$893.9M75xas long as short
Popdex HYPEUSDT+0.0080%1h92.347+0.142%$67K$1.2M50xas long as short
Paradex HYPE-USD-PERP+0.0092%8h92.363+0.159%$337K$162K20xas long as short
Lighter HYPE+0.0096%1h92.304+0.095%$16.0M$62.1M20xas long as short
Lighter RH HYPE+0.0096%1h92.314+0.106%$3.1M$11.6M20xas long as short
Katana Perps HYPE-USD+0.0100%8h92.320+0.113%$13K$1.6M10xas long as short
Nado HYPE-PERP+0.0100%1h92.302+0.094%$5.8M$43.1M10xas long as short
Hyperliquid HYPE+0.0100%1h92.350+0.145%$2.01B$660.8M10xas long as short
Pacifica HYPE+0.0100%1h92.375+0.172%$10.0M$15.0M20xas long as short
Bulk HYPE-USD+0.0100%1h92.800+0.633%$202K$13K10xas long as short
KuCoin HYPEUSDTM+0.0100%4h92.301+0.092%$45.7M$18.3M75xas long as short
Bitget HYPEUSDT+0.0100%4h92.350+0.145%$223.4M$97.7M75xas long as short
Backpack HYPE_USDC_PERP+0.0100%1h92.280+0.069%$7.3M$10.2M20xas long as short
Variational Omni HYPE+0.0100%8h92.469+0.274%$28.5M$57.1Mas long as short
GRVT HYPE_USDT_Perp+0.0100%4h92.799+0.632%$7.5M$45.8M10xas long as short
ApeX Omni HYPEUSDT+0.0100%1h92.488+0.295%$338K$1.0M50xas long as short
StandX HYPE-USD+0.0100%1h92.443+0.246%$663K$2.7M20xas long as short
Vest HYPE-PERP+0.0100%1h92.383+0.181%$243K5xas long as short
Polymarket Perps HYPE-USD+0.0100%1h92.356+0.152%$466K$2.6M20xas long as short
SunX HYPE-USDT+0.0100%4h92.331+0.125%$32K$1.6M20xas long as short
SoDEX HYPE-USD+0.0100%1h92.288+0.078%$2.0M$2.0M10xas long as short
HTX HYPE-USDT+0.0100%4h92.476+0.282%$1.4M$6.2M75xas long as short
edgeX HYPEUSDC+0.0103%4h92.776+0.607%$5.1M$29.2M30xas long as short
Extended HYPE-USD+0.0104%1h92.342+0.137%$18.1M$43.4M50xas long as short
Aevo HYPE-PERP+0.0104%1h92.276+0.065%$390K$164K20xas long as short
Injective HYPE/USDC PERP+0.0150%1h92.250+0.037%$30K$339K12xas long as short
Coinbase International HYPE-PERP-INTX+0.0160%1h92.350+0.145%$4.7M$5.5M50xas long as short
Reya HYPERUSDPERP+0.0260%1h92.299+0.090%$78K$140K15xas long as short
Kalshi KXHYPEPERP+0.0262%8h92.333+0.127%$1.8M$5.4M2.3xas long as short
BloFin HYPE-USDT+0.0316%4h92.252+0.039%$16.7M$11.5M75xas long as short
GMX HYPE/USD [WBTC.b-USDC]L +0.0329% / S −0.0153%1h92.313+0.105%$1.4M100xas long as short
Kraken Futures PF_HYPEUSD+0.0333%1h92.330+0.124%$20.5M$30.4M50xas long as short
Deribit HYPE_USDC-PERPETUAL+0.0378%1h92.379+0.177%$7.5M$4.4M50xas long as short
RISEx HYPE/USDC+0.0687%1h92.395+0.194%$3.1M$6.4M20xas long as short
Bluefin HYPE-PERP+0.0850%1h92.242+0.028%$78K$169K20xas long as short