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 02:00 UTC+0.0110%/8h= +12.0% APRpaid last 24h +0.016%
Price spread now: ApeX Omni against Aster+0.108%7-day average +0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$26as in the Funding arb table
Net, price: spread back to 7d avg − costs−$21as in the Price arb table
costs, in and out, $10k−$300.304% of the position
Long on AsterShort on ApeX Omni
What this pair did over the last
the charts below follow
Funding, last 7 days+0.044%+$4 on $10k
Price spread, last 4 days (all we have)+0.606%+$61 · spread now +0.108%, 7d avg +0.014%
Together, before fees+0.650%+ Points / potential airdropAster: Stage 5 · farm board+$65 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and ApeX Omni is 0.095% dearer against Aster than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.014%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster HYPEUSDT93.273−0.0010get 0.0005% / 4h2h 07m$8.8M$35.8M300x
ShortApeX Omni HYPEUSDT93.3740.0100get 0.0013% / 1h7m 19s$337K$1.0M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Aster. 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
$23.02
Price spread: +0.108% → +0.014%
$9.47
Slippage, 4 orders
−$12.37
Fee Aster: 4 bp × 2 orders
−$8
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
$2.13
Costs to cover
0.304%
Break-even
6.4 days
Slippage from Aster: live order book, 2 min ago; ApeX Omni: live order book, 2 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 Aster live order book, 2 min ago0.43 bp5.2 bp −$55.8 bp −$5812.4 bp −$1,243doesn't fit
Sell ApeX Omni live order book, 2 min ago4.18 bp9.2 bp −$912.3 bp −$123doesn't fitdoesn't fit

HYPE on 54 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−0.1112%1h93.252−0.022%$196K$227K7xas long as short
Arcus HYPE-USD−0.0786%1h93.171−0.109%$1.2M$3.8M10xas long as short
Hotstuff HYPE-PERP−0.0080%1h93.333+0.064%$3K$33125xas long as short
Phemex HYPEUSDT−0.0076%8h93.318+0.048%$12.6M$2.7M50xas long as short
Ondo Perps HYPE-USD.P−0.0076%1h93.300+0.029%$701K$909K10xas long as short
Orderly PERP_HYPE_USDC−0.0055%4h93.280+0.008%$156K$645K20xas long as short
01 Exchange HYPEUSD−0.0048%1h93.298+0.027%$84K$347K20xas long as short
Aftermath Perps HYPEUSD−0.0038%1h93.552+0.299%$22K$21K10xas long as short
Aster HYPEUSDTlong−0.0010%4h93.273long leg$8.8M$35.8M300x
Gate HYPE_USDT−0.0008%4h93.299+0.028%$44.2M$55.4M75xas long as short
Show all 54 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Backpack HYPE_USDC_PERP−0.0003%1h93.310+0.040%$7.4M$10.4M20xas long as short
dYdX HYPE-USD0.0000%1h93.303+0.033%$128K$31K5xas long as short
Perpl HYPE0.0000%43m93.297+0.026%$22K$323K10xas long as short
gTrade (Gains Network) HYPE/USDL +0.0002% / S −0.0003%1h93.311+0.041%$25K—150xas long as short
BingX HYPE-USDT+0.0006%4h93.303+0.032%—$53.4M—as long as short
Bybit HYPEUSDT+0.0011%8h93.285+0.013%$320.1M$277.2M75xas long as short
Phoenix HYPE+0.0060%1h93.484+0.226%$210K$1.2M10xas long as short
Bullet HYPE-USD+0.0065%1h93.283+0.011%$111K$577K20xas long as short
MEXC HYPE_USDT+0.0070%4h93.310+0.040%$88.1M$83.5M100xas long as short
Binance HYPEUSDT+0.0070%4h93.335+0.066%$380.0M$882.1M75xas long as short
OKX HYPE-USDT-SWAP+0.0075%8h93.315+0.045%$114.7M$303.1M50xas long as short
edgeX HYPEUSDC+0.0081%4h93.375+0.110%$5.0M$29.9M30xas long as short
Lighter HYPE+0.0096%1h93.355+0.088%$16.3M$62.8M20xas long as short
Lighter RH HYPE+0.0096%1h93.346+0.078%$3.1M$11.9M20xas long as short
Popdex HYPEUSDT+0.0096%1h93.288+0.016%$67K$1.2M50xas long as short
Aevo HYPE-PERP+0.0096%1h93.326+0.057%$397K$172K20xas long as short
Paradex HYPE-USD-PERP+0.0097%8h93.336+0.068%$339K$163K20xas long as short
Katana Perps HYPE-USD+0.0100%8h93.320+0.050%$21K$1.6M10xas long as short
Nado HYPE-PERP+0.0100%1h93.326+0.056%$5.7M$43.7M10xas long as short
Hyperliquid HYPE+0.0100%1h93.385+0.120%$2.04B$657.4M10xas long as short
Pacifica HYPE+0.0100%1h93.335+0.067%$10.0M$14.7M20xas long as short
Bulk HYPE-USD+0.0100%1h93.760+0.522%$204K$10K10xas long as short
KuCoin HYPEUSDTM+0.0100%4h93.319+0.049%$46.2M$18.0M75xas long as short
Bitget HYPEUSDT+0.0100%4h93.314+0.044%$225.9M$97.3M75xas long as short
Variational Omni HYPE+0.0100%8h93.519+0.263%$31.1M$54.7M—as long as short
GRVT HYPE_USDT_Perp+0.0100%4h93.391+0.127%$7.5M$47.0M10xas long as short
ApeX Omni HYPEUSDTshort+0.0100%1h93.374+0.108%$337K$1.0M50x
StandX HYPE-USD+0.0100%1h93.362+0.095%$666K$2.6M20xas long as short
Vest HYPE-PERP+0.0100%1h93.345+0.077%—$243K5xas long as short
Polymarket Perps HYPE-USD+0.0100%1h93.320+0.050%$474K$2.4M20xas long as short
Bluefin HYPE-PERP+0.0100%1h93.264−0.010%$79K$170K20xas long as short
Derive HYPE-PERP+0.0100%1h93.276+0.003%$16.2M$7.7M10xas long as short
SunX HYPE-USDT+0.0100%4h93.402+0.138%$32K$1.6M20xas long as short
SoDEX HYPE-USD+0.0100%1h93.340+0.072%$2.0M$1.9M10xas long as short
Extended HYPE-USD+0.0104%1h93.309+0.038%$18.3M$43.7M50xas long as short
Coinbase International HYPE-PERP-INTX+0.0136%1h93.430+0.168%$4.9M$5.4M50xas long as short
Injective HYPE/USDC PERP+0.0137%1h94.180+0.972%$31K$339K12xas long as short
HTX HYPE-USDT+0.0184%4h93.450+0.190%$1.4M$5.9M75xas long as short
RISEx HYPE/USDC+0.0210%1h93.381+0.116%$3.2M$6.7M20xas long as short
Reya HYPERUSDPERP+0.0256%1h93.298+0.027%$79K$140K15xas long as short
Kalshi KXHYPEPERP+0.0279%8h93.295+0.024%$1.9M$4.9M2.3xas long as short
GMX HYPE/USD [WBTC.b-USDC]L +0.0331% / S −0.0156%1h93.305+0.034%$1.4M—100xas long as short
Deribit HYPE_USDC-PERPETUAL+0.0468%1h93.418+0.155%$7.4M$4.4M50xas long as short
Kraken Futures PF_HYPEUSD+0.0683%1h93.400+0.136%$20.8M$29.8M50xas long as short