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 04:00 UTC+0.0023%/8h= +2.5% APRnext payment +$0.11 per $10,000 · paid last 24h −0.014%
Price spread now: Gate against Aster−0.002%7-day average −0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$35as in the Funding arb table
Net, price: spread back to 7d avg − costs−$31as in the Price arb table
costs, in and out, $10k−$310.310% of the position
Long on AsterShort on Gate
What this pair did over the last
the charts below follow
Funding, last 7 days−0.043%−$4 on $10k
Price spread, last 7 days0.000%$0 · spread now −0.002%, 7d avg −0.005%
Together, before fees−0.043%+ Points / potential airdropAster: Stage 5 · farm board−$4 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.005%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster HYPEUSDT93.3200.0025pay 0.0013% / 4h1h 18m$8.8M$35.6M300x
ShortGate HYPE_USDT93.3180.0048get 0.0024% / 4h1h 18m$44.6M$55.3M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
$4.8
Price spread: −0.002% → −0.005%
$0.29
Slippage, 4 orders
−$8.05
Fee Aster: 4 bp × 2 orders
−$8
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$25.96
Costs to cover
0.310%
Break-even
44.9 days
Slippage from Aster: live order book, 5 min ago; Gate: live order book, 5 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, 5 min ago0.64 bp5.1 bp −$55.7 bp −$5712.2 bp −$1,222doesn't fit
Sell Gate live order book, 5 min ago0.05 bp9.4 bp −$915.5 bp −$15532.6 bp −$3,25755.9 bp −$27.9K

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
Hibachi HYPE/USDT-P−0.1088%1h93.263−0.062%$197K$227K7xas long as short
Arcus HYPE-USD−0.0899%1h93.206−0.122%$1.2M$3.8M10xas long as short
Ondo Perps HYPE-USD.P−0.0130%1h93.270−0.054%$699K$1.0M10xas long as short
Hotstuff HYPE-PERP−0.0080%1h93.331+0.012%$3K$33125xas long as short
Aftermath Perps HYPEUSD−0.0061%1h93.374+0.058%$22K$21K10xas long as short
01 Exchange HYPEUSD−0.0056%1h93.363+0.046%$85K$343K20xas long as short
Orderly PERP_HYPE_USDC−0.0047%4h93.304−0.017%$154K$652K20xas long as short
Phemex HYPEUSDT−0.0029%8h93.326+0.006%$12.6M$2.7M50xas long as short
dYdX HYPE-USD0.0000%1h93.3200.000%$128K$31K5xas long as short
Perpl HYPE0.0000%43m93.337+0.018%$23K$319K10xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) HYPE/USDL +0.0002% / S −0.0002%1h93.347+0.029%$63K—150xas long as short
Bullet HYPE-USD+0.0004%1h93.338+0.019%$111K$578K20xas long as short
Aster HYPEUSDTlong+0.0025%4h93.320long leg$8.8M$35.6M300x
Phoenix HYPE+0.0026%1h93.480+0.171%$213K$1.2M10xas long as short
BingX HYPE-USDT+0.0034%4h93.3200.000%—$52.9M—as long as short
Bybit HYPEUSDT+0.0043%8h93.300−0.021%$321.3M$277.1M75xas long as short
Gate HYPE_USDTshort+0.0048%4h93.318−0.002%$44.6M$55.3M75x
OKX HYPE-USDT-SWAP+0.0076%8h93.302−0.019%$113.9M$300.5M50xas long as short
Derive HYPE-PERP+0.0082%1h93.307−0.014%$16.2M$7.5M10xas long as short
Lighter HYPE+0.0096%1h93.341+0.023%$16.2M$62.0M20xas long as short
Lighter RH HYPE+0.0096%1h93.330+0.011%$3.1M$11.6M20xas long as short
Popdex HYPEUSDT+0.0096%1h93.334+0.015%$70K$1.2M50xas long as short
Paradex HYPE-USD-PERP+0.0097%8h93.352+0.034%$339K$162K20xas long as short
Katana Perps HYPE-USD+0.0100%8h93.380+0.064%$12K$1.6M10xas long as short
Nado HYPE-PERP+0.0100%1h93.338+0.019%$5.8M$43.1M10xas long as short
Hyperliquid HYPE+0.0100%1h93.416+0.103%$2.04B$653.7M10xas long as short
Pacifica HYPE+0.0100%1h93.350+0.032%$10.0M$14.8M20xas long as short
Binance HYPEUSDT+0.0100%4h93.311−0.010%$378.6M$876.6M75xas long as short
MEXC HYPE_USDT+0.0100%4h93.314−0.006%$89.3M$80.9M100xas long as short
KuCoin HYPEUSDTM+0.0100%4h93.334+0.015%$45.9M$18.2M75xas long as short
Bitget HYPEUSDT+0.0100%4h93.312−0.009%$225.6M$96.4M75xas long as short
Backpack HYPE_USDC_PERP+0.0100%1h93.322+0.002%$7.4M$10.3M20xas long as short
Variational Omni HYPE+0.0100%8h93.358+0.040%$31.1M$53.7M—as long as short
GRVT HYPE_USDT_Perp+0.0100%4h93.441+0.130%$7.6M$45.8M10xas long as short
ApeX Omni HYPEUSDT+0.0100%1h93.412+0.099%$339K$997K50xas long as short
StandX HYPE-USD+0.0100%1h93.440+0.129%$667K$2.7M20xas long as short
Vest HYPE-PERP+0.0100%1h93.377+0.061%—$243K5xas long as short
Polymarket Perps HYPE-USD+0.0100%1h93.376+0.060%$475K$2.6M20xas long as short
Bluefin HYPE-PERP+0.0100%1h93.372+0.056%$79K$168K20xas long as short
SunX HYPE-USDT+0.0100%4h93.362+0.045%$32K$1.6M20xas long as short
SoDEX HYPE-USD+0.0100%1h93.325+0.005%$2.0M$1.9M10xas long as short
Bulk HYPE-USD+0.0100%1h93.217−0.110%$203K$10K10xas long as short
Extended HYPE-USD+0.0104%1h93.281−0.042%$18.4M$43.6M50xas long as short
Aevo HYPE-PERP+0.0104%1h93.321+0.001%$397K$162K20xas long as short
edgeX HYPEUSDC+0.0110%4h93.367+0.051%$5.1M$29.1M30xas long as short
HTX HYPE-USDT+0.0159%4h93.450+0.139%$1.4M$6.0M75xas long as short
Coinbase International HYPE-PERP-INTX+0.0176%1h93.370+0.054%$4.8M$5.6M50xas long as short
Reya HYPERUSDPERP+0.0259%1h93.3200.000%$79K$140K15xas long as short
Kalshi KXHYPEPERP+0.0273%8h93.356+0.039%$1.9M$5.1M2.3xas long as short
Deribit HYPE_USDC-PERPETUAL+0.0296%1h93.416+0.103%$7.4M$4.4M50xas long as short
GMX HYPE/USD [WBTC.b-USDC]L +0.0331% / S −0.0156%1h93.362+0.044%$1.4M—100xas long as short
BloFin HYPE-USDT+0.0340%4h93.353+0.035%$16.9M$11.6M75xas long as short
RISEx HYPE/USDC+0.0510%1h93.397+0.082%$3.2M$6.3M20xas long as short
Injective HYPE/USDC PERP+0.0519%1h93.730+0.439%$30K$339K12xas long as short
Kraken Futures PF_HYPEUSD+0.0685%1h93.404+0.090%$20.7M$29.8M50xas long as short