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

HYPE

all HYPE markets
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Alert: funding
Measured
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Alert: spread
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Funding you earn now, next payment 23:00 UTC+0.0095%/8h= +10.4% APRpaid last 24h +0.008%
Price spread now: Bullet against Aster+0.020%7-day average +0.034% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$28as in the Price arb table
costs, in and out, $10k−$260.261% of the position
Long on AsterShort on Bullet
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.005%$0 on $10k
Price spread, last 3 days (all we have)+0.340%+$34 · spread now +0.020%, 7d avg +0.034%
Together, before fees+0.345%+ Points / potential airdropAster: Stage 5 · farm board+$34 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.034%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster HYPEUSDT93.2100.0005pay 0.0003% / 4h1h 55m$8.9M$35.8M300x
ShortBullet HYPE-USD93.2280.0100get 0.0013% / 1h55m 00s$112K$580K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bullet 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
$19.91
Price spread: +0.020% → +0.034%
−$1.45
Slippage, 4 orders
−$10.13
Fee Aster: 4 bp × 2 orders
−$8
Fee Bullet: 4 bp × 2 orders
−$8
Net
−$7.67
Costs to cover
0.261%
Break-even
9.7 days
Slippage from Aster: live order book, 4 min ago; Bullet: live order book, 29 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, 4 min ago0.54 bp4.5 bp −$55.0 bp −$5010.7 bp −$1,074doesn't fit
Sell Bullet live order book, 29 min ago0.48 bp9.9 bp −$1014.5 bp −$145doesn'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
Aftermath Perps HYPEUSD−0.0289%1h93.231+0.022%$22K$22K10xas long as short
Arcus HYPE-USD−0.0131%1h93.127−0.089%$1.2M$4.1M10xas long as short
Hotstuff HYPE-PERP−0.0080%1h93.167−0.046%$3K$33125xas long as short
Hibachi HYPE/USDT-P−0.0024%1h93.101−0.117%$197K$231K7xas long as short
Derive HYPE-PERP−0.0017%1h93.155−0.059%$16.3M$7.1M10xas long as short
dYdX HYPE-USD0.0000%1h93.124−0.092%$127K$32K5xas long as short
Kalshi KXHYPEPERP0.0000%8h93.270+0.064%$1.9M$5.3M2.3xas long as short
Perpl HYPE0.0000%43m93.270+0.064%$23K$334K10xas long as short
gTrade (Gains Network) HYPE/USDL +0.0002% / S −0.0001%1h93.263+0.057%$20K—150xas long as short
Aster HYPEUSDTlong+0.0005%4h93.210long leg$8.9M$35.8M300x
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
01 Exchange HYPEUSD+0.0008%1h93.264+0.058%$90K$361K20xas long as short
Bybit HYPEUSDT+0.0029%8h93.240+0.032%$324.6M$286.7M75xas long as short
Popdex HYPEUSDT+0.0032%1h93.230+0.021%$57K$1.2M50xas long as short
Gate HYPE_USDT+0.0042%4h93.230+0.021%$44.1M$56.7M75xas long as short
Orderly PERP_HYPE_USDC+0.0046%4h93.232+0.024%$165K$515K20xas long as short
Phoenix HYPE+0.0068%1h93.222+0.013%$216K$1.2M10xas long as short
Ondo Perps HYPE-USD.P+0.0086%1h93.030−0.193%$699K$930K10xas long as short
Vest HYPE-PERP+0.0095%1h93.250+0.043%—$454K5xas long as short
Lighter HYPE+0.0096%1h93.270+0.064%$18.6M$58.2M20xas long as short
Lighter RH HYPE+0.0096%1h93.247+0.040%$3.0M$12.0M20xas long as short
ApeX Omni HYPEUSDT+0.0096%1h93.051−0.171%$404K$1.0M50xas long as short
Paradex HYPE-USD-PERP+0.0099%8h93.161−0.052%$338K$170K20xas long as short
Katana Perps HYPE-USD+0.0100%8h93.170−0.043%$40K$1.6M10xas long as short
Nado HYPE-PERP+0.0100%1h93.204−0.006%$5.9M$44.1M10xas long as short
Hyperliquid HYPE+0.0100%1h93.265+0.059%$2.03B$674.8M10xas long as short
Pacifica HYPE+0.0100%1h93.176−0.037%$10.0M$14.4M20xas long as short
Binance HYPEUSDT+0.0100%4h93.234+0.026%$384.4M$891.5M75xas long as short
OKX HYPE-USDT-SWAP+0.0100%8h93.204−0.006%$114.5M$314.9M50xas long as short
Bulk HYPE-USD+0.0100%1h93.271+0.066%$204K$12K10xas long as short
MEXC HYPE_USDT+0.0100%4h93.222+0.013%$91.3M$81.2M100xas long as short
KuCoin HYPEUSDTM+0.0100%4h93.228+0.019%$47.1M$19.0M75xas long as short
Bitget HYPEUSDT+0.0100%4h93.227+0.018%$226.2M$102.8M75xas long as short
BingX HYPE-USDT+0.0100%4h93.244+0.036%—$54.1M—as long as short
Backpack HYPE_USDC_PERP+0.0100%1h93.262+0.056%$7.9M$11.7M20xas long as short
Variational Omni HYPE+0.0100%8h93.107−0.110%$29.0M$50.3M—as long as short
GRVT HYPE_USDT_Perp+0.0100%4h93.072−0.148%$7.5M$44.8M10xas long as short
StandX HYPE-USD+0.0100%1h93.082−0.137%$673K$2.5M20xas long as short
Polymarket Perps HYPE-USD+0.0100%1h93.270+0.064%$493K$2.6M20xas long as short
Bullet HYPE-USDshort+0.0100%1h93.228+0.020%$112K$580K20x
Bluefin HYPE-PERP+0.0100%1h93.241+0.033%$76K$167K20xas long as short
SunX HYPE-USDT+0.0100%4h93.264+0.058%$32K$1.6M20xas long as short
SoDEX HYPE-USD+0.0100%1h93.226+0.017%$2.0M$2.0M10xas long as short
Phemex HYPEUSDT+0.0100%8h93.230+0.021%$12.7M$2.6M50xas long as short
Extended HYPE-USD+0.0104%1h93.189−0.022%$18.3M$41.8M50xas long as short
Aevo HYPE-PERP+0.0104%1h93.220+0.010%$397K$318K20xas long as short
edgeX HYPEUSDC+0.0112%4h93.244+0.037%$5.1M$29.3M30xas long as short
Coinbase International HYPE-PERP-INTX+0.0176%1h93.270+0.064%$4.9M$5.7M50xas long as short
Injective HYPE/USDC PERP+0.0239%1h93.910+0.751%$31K$338K12xas long as short
Reya HYPERUSDPERP+0.0246%1h93.272+0.066%$78K$158K15xas long as short
RISEx HYPE/USDC+0.0280%1h93.229+0.020%$2.8M$6.8M20xas long as short
Deribit HYPE_USDC-PERPETUAL+0.0297%1h93.323+0.121%$7.4M$4.6M50xas long as short
HTX HYPE-USDT+0.0301%4h93.400+0.204%$1.5M$7.6M75xas long as short
GMX HYPE/USD [WBTC.b-USDC]L +0.0338% / S −0.0165%1h93.251+0.044%$1.4M—100xas long as short
BloFin HYPE-USDT+0.0340%4h93.216+0.006%$17.0M$12.5M75xas long as short
Kraken Futures PF_HYPEUSD+0.0465%1h93.356+0.157%$20.8M$28.3M50xas long as short