Funding you earn now, next payment 08:00 UTC−0.0040%/8h= −4.4% APRnext payment −$0.20 per $10,000 · paid last 24h +0.008%
Price spread now: Bitget against Aster−0.006%7-day average −0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$30as in the Funding arb table
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$270.269% of the position
Funding, last 7 days−0.028%−$3 on $10k
+Price spread, last 7 days+0.014%+$1 · spread now −0.006%, 7d avg −0.002%
=Together, before fees−0.014%+ Points / potential airdropAster: Stage 5 · farm board−$1 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.002%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster HYPEUSDT | 92.768 | 0.0100 | pay 0.0050% / 4h | 3h 33m | $8.7M | $36.1M | 300x |
| Short | Bitget HYPEUSDT | 92.762 | 0.0060 | get 0.0030% / 4h | 3h 33m | $224.7M | $99.1M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$8.38
- Price spread: −0.006% → −0.002%
- −$0.45
- Slippage, 4 orders
- −$6.86
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$35.69
- Costs to cover
- 0.269%
- Break-even
- never at this rate
Slippage from Aster: live order book, 5 min ago; Bitget: live order book, 5 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, 5 min ago | 0.32 bp | 4.3 bp −$4 | 5.3 bp −$53 | 12.8 bp −$1,282 | doesn't fit |
| Sell Bitget live order book, 5 min ago | 0.05 bp | 8.2 bp −$8 | 11.7 bp −$117 | doesn't fit | doesn't fit |
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 | −0.1328% | 1h | 92.718 | −0.053% | $193K | $229K | 7x | as long as short |
| Aftermath Perps HYPEUSD | −0.0272% | 1h | 92.840 | +0.078% | $22K | $21K | 10x | as long as short |
| Arcus HYPE-USD | −0.0194% | 1h | 92.762 | −0.006% | $1.1M | $3.9M | 10x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 92.839 | +0.077% | $3K | $331 | 25x | as long as short |
| Orderly PERP_HYPE_USDC | −0.0064% | 4h | 92.794 | +0.028% | $147K | $679K | 20x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 92.819 | +0.055% | $127K | $29K | 5x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 92.787 | +0.021% | $22K | $298K | 10x | as long as short |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0002% | 1h | 92.828 | +0.065% | $62K | — | 150x | as long as short |
| Phoenix HYPE | +0.0026% | 1h | 92.975 | +0.223% | $210K | $1.2M | 10x | as long as short |
| Bybit HYPEUSDT | +0.0034% | 8h | 92.760 | −0.008% | $315.6M | $282.0M | 75x | as long as short |
Show all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps HYPE-USD.P | +0.0037% | 1h | 92.750 | −0.019% | $699K | $1.1M | 10x | as long as short |
| Bullet HYPE-USD | +0.0046% | 1h | 92.799 | +0.033% | $111K | $577K | 20x | as long as short |
| 01 Exchange HYPEUSD | +0.0048% | 1h | 92.824 | +0.061% | $87K | $361K | 20x | as long as short |
| Phemex HYPEUSDT | +0.0048% | 8h | 92.821 | +0.057% | $12.5M | $2.7M | 50x | as long as short |
| Bitget HYPEUSDTshort | +0.0060% | 4h | 92.762 | −0.006% | $224.7M | $99.1M | 75x | |
| Popdex HYPEUSDT | +0.0072% | 1h | 92.795 | +0.029% | $69K | $1.1M | 50x | as long as short |
| edgeX HYPEUSDC | +0.0090% | 4h | 92.901 | +0.144% | $4.9M | $29.6M | 30x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 92.797 | +0.031% | $16.0M | $62.5M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 92.792 | +0.026% | $3.1M | $11.6M | 20x | as long as short |
| Gate HYPE_USDT | +0.0096% | 4h | 92.753 | −0.016% | $44.9M | $54.1M | 75x | as long as short |
| Paradex HYPE-USD-PERP | +0.0097% | 8h | 92.822 | +0.059% | $339K | $163K | 20x | as long as short |
| Katana Perps HYPE-USD | +0.0099% | 8h | 92.760 | −0.008% | $36K | $1.7M | 10x | as long as short |
| Aster HYPEUSDTlong | +0.0100% | 4h | 92.768 | long leg | $8.7M | $36.1M | 300x | |
| Nado HYPE-PERP | +0.0100% | 1h | 92.769 | +0.001% | $7.6M | $45.9M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 92.816 | +0.052% | $2.02B | $666.3M | 10x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 92.826 | +0.063% | $10.0M | $15.2M | 20x | as long as short |
| Binance HYPEUSDT | +0.0100% | 4h | 92.765 | −0.003% | $372.9M | $905.0M | 75x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0100% | 8h | 92.762 | −0.006% | $113.7M | $304.0M | 50x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 92.923 | +0.167% | $202K | $13K | 10x | as long as short |
| MEXC HYPE_USDT | +0.0100% | 4h | 92.754 | −0.015% | $86.9M | $80.3M | 100x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 92.756 | −0.013% | $46.0M | $18.4M | 75x | as long as short |
| BingX HYPE-USDT | +0.0100% | 4h | 92.761 | −0.007% | — | $54.0M | — | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 92.758 | −0.011% | $7.2M | $11.3M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 92.829 | +0.066% | $28.5M | $57.4M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 92.831 | +0.068% | $7.5M | $46.8M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 92.921 | +0.165% | $341K | $1.0M | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 92.833 | +0.070% | $667K | $2.8M | 20x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 92.852 | +0.090% | — | $243K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 92.844 | +0.082% | $468K | $2.6M | 20x | as long as short |
| Bluefin HYPE-PERP | +0.0100% | 1h | 92.801 | +0.036% | $79K | $167K | 20x | as long as short |
| Derive HYPE-PERP | +0.0100% | 1h | 92.788 | +0.021% | $16.0M | $7.5M | 10x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 92.881 | +0.122% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 92.787 | +0.021% | $2.0M | $2.0M | 10x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 92.723 | −0.048% | $18.0M | $43.6M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0104% | 1h | 92.810 | +0.046% | $392K | $164K | 20x | as long as short |
| HTX HYPE-USDT | +0.0126% | 4h | 92.950 | +0.196% | $1.4M | $6.3M | 75x | as long as short |
| Kalshi KXHYPEPERP | +0.0133% | 8h | 92.872 | +0.112% | $1.8M | $5.4M | 2.3x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0144% | 1h | 92.860 | +0.099% | $4.7M | $5.6M | 50x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0197% | 1h | 92.828 | +0.065% | $20.6M | $30.5M | 50x | as long as short |
| Injective HYPE/USDC PERP | +0.0242% | 1h | 92.730 | −0.041% | $30K | $339K | 12x | as long as short |
| Reya HYPERUSDPERP | +0.0265% | 1h | 92.798 | +0.032% | $79K | $131K | 15x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0331% / S −0.0154% | 1h | 92.825 | +0.062% | $1.4M | — | 100x | as long as short |
| BloFin HYPE-USDT | +0.0340% | 4h | 92.803 | +0.038% | $16.8M | $11.6M | 75x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0429% | 1h | 92.883 | +0.124% | $7.5M | $4.5M | 50x | as long as short |
| RISEx HYPE/USDC | +0.0598% | 1h | 92.860 | +0.099% | $3.2M | $6.4M | 20x | as long as short |
Aster HYPEUSDT
Bitget HYPEUSDT
Aftermath Perps HYPEUSD
gTrade (Gains Network) HYPE/USD
Phoenix HYPE
Bybit HYPEUSDT
Bullet HYPE-USD
01 Exchange HYPEUSD
Phemex HYPEUSDT
Popdex HYPEUSDT
edgeX HYPEUSDC
Lighter HYPE
Lighter RH HYPE
Gate HYPE_USDT
Paradex HYPE-USD-PERP
Katana Perps HYPE-USD
Hyperliquid HYPE
Pacifica HYPE
Binance HYPEUSDT
OKX HYPE-USDT-SWAP
Bulk HYPE-USD
MEXC HYPE_USDT
KuCoin HYPEUSDTM
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
Derive HYPE-PERP
SunX HYPE-USDT
SoDEX HYPE-USD
Extended HYPE-USD
HTX HYPE-USDT
Kalshi KXHYPEPERP
Coinbase International HYPE-PERP-INTX
Kraken Futures PF_HYPEUSD
Injective HYPE/USDC PERP
GMX HYPE/USD [WBTC.b-USDC]
BloFin HYPE-USDT
Deribit HYPE_USDC-PERPETUAL
RISEx HYPE/USDC