Funding you earn now, next payment 00:00 UTC+0.0038%/8h= +4.1% APRnext payment +$0.19 per $10,000 · paid last 24h +0.007%
Price spread now: Binance against Aster+0.038%7-day average +0.017% · you sell dearer than you buy
Net, funding: paid 7d − costs−$17as in the Funding arb table
Net, price: spread back to 7d avg − costs−$18as in the Price arb table
costs, in and out, $10k−$200.199% of the position
Funding, last 7 days+0.024%+$2 on $10k
+Price spread, last 7 days−0.034%−$3 · spread now +0.038%, 7d avg +0.017%
=Together, before fees−0.009%+ Points / potential airdropAster: Stage 5 · farm board−$1 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Binance is 0.020% dearer against Aster than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.017%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster HYPEUSDT | 93.911 | 0.0015 | pay 0.0008% / 4h | 12m 00s | $8.9M | $36.1M | 300x |
| Short | Binance HYPEUSDT | 93.946 | 0.0053 | get 0.0026% / 4h | 12m 00s | $383.6M | $898.1M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Aster. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $7.89
- Price spread: +0.038% → +0.017%
- $2.03
- Slippage, 4 orders
- −$1.89
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$9.97
- Costs to cover
- 0.199%
- Break-even
- 15.8 days
Slippage from Aster: live order book, 2 min ago; Binance: live order book, 2 min ago.
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 Aster live order book, 2 min ago | 0.21 bp | 4.2 bp −$4 | 4.6 bp −$46 | 11.3 bp −$1,134 | doesn't fit |
| Sell Binance live order book, 2 min ago | 0.05 bp | 6.4 bp −$6 | 7.3 bp −$73 | 13.7 bp −$1,370 | 29.3 bp −$14.6K |
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 | −0.1176% | 1h | 93.700 | −0.224% | $198K | $230K | 7x | as long as short |
| Aftermath Perps HYPEUSD | −0.0401% | 1h | 93.836 | −0.080% | $22K | $22K | 10x | as long as short |
| Arcus HYPE-USD | −0.0233% | 1h | 93.756 | −0.165% | $1.2M | $3.8M | 10x | as long as short |
| Ondo Perps HYPE-USD.P | −0.0094% | 1h | 93.800 | −0.118% | $705K | $916K | 10x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 93.822 | −0.095% | $3K | $331 | 25x | as long as short |
| 01 Exchange HYPEUSD | −0.0072% | 1h | 93.843 | −0.072% | $86K | $368K | 20x | as long as short |
| Orderly PERP_HYPE_USDC | −0.0002% | 4h | 93.908 | −0.003% | $169K | $588K | 20x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 93.845 | −0.071% | $128K | $30K | 5x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 93.866 | −0.048% | $23K | $329K | 10x | as long as short |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0003% | 1h | 93.931 | +0.021% | $27K | — | 150x | as long as short |
Show all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phoenix HYPE | +0.0009% | 1h | 93.963 | +0.055% | $216K | $1.2M | 10x | as long as short |
| Aster HYPEUSDTlong | +0.0015% | 4h | 93.911 | long leg | $8.9M | $36.1M | 300x | |
| Bybit HYPEUSDT | +0.0021% | 8h | 93.951 | +0.043% | $323.2M | $283.9M | 75x | as long as short |
| Derive HYPE-PERP | +0.0027% | 1h | 93.859 | −0.056% | $16.4M | $7.1M | 10x | as long as short |
| Phemex HYPEUSDT | +0.0045% | 8h | 93.834 | −0.082% | $12.8M | $2.6M | 50x | as long as short |
| Binance HYPEUSDTshort | +0.0053% | 4h | 93.946 | +0.038% | $383.6M | $898.1M | 75x | |
| MEXC HYPE_USDT | +0.0054% | 4h | 93.899 | −0.013% | $88.5M | $82.2M | 100x | as long as short |
| edgeX HYPEUSDC | +0.0061% | 4h | 93.833 | −0.083% | $5.1M | $29.8M | 30x | as long as short |
| Popdex HYPEUSDT | +0.0072% | 1h | 93.846 | −0.069% | $60K | $1.2M | 50x | as long as short |
| Gate HYPE_USDT | +0.0078% | 4h | 93.872 | −0.041% | $44.1M | $59.9M | 75x | as long as short |
| Bullet HYPE-USD | +0.0090% | 1h | 93.908 | −0.003% | $113K | $578K | 20x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0093% | 8h | 93.956 | +0.048% | $116.0M | $322.9M | 50x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 93.937 | +0.028% | $18.9M | $60.3M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 93.916 | +0.005% | $3.0M | $12.3M | 20x | as long as short |
| Aevo HYPE-PERP | +0.0096% | 1h | 93.913 | +0.002% | $399K | $318K | 20x | as long as short |
| Paradex HYPE-USD-PERP | +0.0099% | 8h | 93.904 | −0.008% | $341K | $171K | 20x | as long as short |
| Katana Perps HYPE-USD | +0.0099% | 8h | 93.780 | −0.139% | $37K | $1.6M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 93.875 | −0.038% | $5.7M | $44.4M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 93.986 | +0.080% | $2.04B | $681.0M | 10x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 93.883 | −0.030% | $10.1M | $14.6M | 20x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 93.820 | −0.097% | $205K | $7K | 10x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 93.904 | −0.007% | $46.5M | $18.6M | 75x | as long as short |
| Bitget HYPEUSDT | +0.0100% | 4h | 93.926 | +0.016% | $227.5M | $102.2M | 75x | as long as short |
| BingX HYPE-USDT | +0.0100% | 4h | 93.923 | +0.013% | — | $54.1M | — | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 93.938 | +0.029% | $7.9M | $10.5M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 93.861 | −0.053% | $31.2M | $54.1M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 93.835 | −0.081% | $7.6M | $45.6M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 93.854 | −0.061% | $359K | $1.1M | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 93.811 | −0.106% | $678K | $2.5M | 20x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 93.897 | −0.015% | — | $454K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 93.896 | −0.016% | $471K | $2.5M | 20x | as long as short |
| Bluefin HYPE-PERP | +0.0100% | 1h | 93.915 | +0.004% | $76K | $172K | 20x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 93.911 | 0.000% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 93.883 | −0.030% | $2.0M | $2.0M | 10x | as long as short |
| Injective HYPE/USDC PERP | +0.0104% | 1h | 94.410 | +0.531% | $31K | $338K | 12x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 93.899 | −0.013% | $18.3M | $42.8M | 50x | as long as short |
| Kalshi KXHYPEPERP | +0.0151% | 8h | 93.951 | +0.043% | $1.9M | $5.0M | 2.3x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0152% | 1h | 93.960 | +0.052% | $4.9M | $5.7M | 50x | as long as short |
| HTX HYPE-USDT | +0.0193% | 4h | 94.050 | +0.148% | $1.5M | $7.8M | 75x | as long as short |
| BloFin HYPE-USDT | +0.0217% | 4h | 93.824 | −0.093% | $16.9M | $12.6M | 75x | as long as short |
| Reya HYPERUSDPERP | +0.0249% | 1h | 93.859 | −0.056% | $77K | $142K | 15x | as long as short |
| RISEx HYPE/USDC | +0.0284% | 1h | 93.897 | −0.014% | $2.8M | $6.8M | 20x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0314% | 1h | 93.991 | +0.085% | $7.5M | $4.6M | 50x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0338% / S −0.0163% | 1h | 93.934 | +0.024% | $1.4M | — | 100x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0577% | 1h | 93.981 | +0.074% | $21.0M | $29.5M | 50x | as long as short |
Aster HYPEUSDT
Binance HYPEUSDT
Aftermath Perps HYPEUSD
01 Exchange HYPEUSD
gTrade (Gains Network) HYPE/USD
Phoenix HYPE
Bybit HYPEUSDT
Derive HYPE-PERP
Phemex HYPEUSDT
MEXC HYPE_USDT
edgeX HYPEUSDC
Popdex HYPEUSDT
Gate HYPE_USDT
Bullet HYPE-USD
OKX HYPE-USDT-SWAP
Lighter HYPE
Lighter RH HYPE
Paradex HYPE-USD-PERP
Katana Perps HYPE-USD
Hyperliquid HYPE
Pacifica HYPE
Bulk HYPE-USD
KuCoin HYPEUSDTM
Bitget HYPEUSDT
BingX HYPE-USDT
Backpack HYPE_USDC_PERP
Variational Omni HYPE
GRVT HYPE_USDT_Perp
ApeX Omni HYPEUSDT
StandX HYPE-USD
Polymarket Perps HYPE-USD
Bluefin HYPE-PERP
SunX HYPE-USDT
SoDEX HYPE-USD
Injective HYPE/USDC PERP
Extended HYPE-USD
Kalshi KXHYPEPERP
Coinbase International HYPE-PERP-INTX
HTX HYPE-USDT
BloFin HYPE-USDT
RISEx HYPE/USDC
Deribit HYPE_USDC-PERPETUAL
GMX HYPE/USD [WBTC.b-USDC]
Kraken Futures PF_HYPEUSD