Funding you earn now, next payment 04:00 UTC+0.0037%/8h= +4.0% APRnext payment +$0.18 per $10,000 · paid last 24h +0.009%
Price spread now: MEXC against Aster+0.003%7-day average +0.016% · you sell dearer than you buy
Net, funding: paid 7d − costs−$11as in the Funding arb table
Net, price: spread back to 7d avg − costs−$15as in the Price arb table
costs, in and out, $10k−$130.133% of the position
Funding, last 7 days+0.026%+$3 on $10k
+Price spread, last 7 days−0.002%$0 · spread now +0.003%, 7d avg +0.016%
=Together, before fees+0.024%+ Points / potential airdropAster: Stage 5 · farm board+$2 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.016%, 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 | 92.858 | 0.0063 | pay 0.0032% / 4h | 3m 33s | $8.7M | $36.1M | 300x |
| Short | MEXC HYPE_USDT | 92.861 | 0.0100 | get 0.0050% / 4h | 3m 33s | $88.3M | $81.2M | 100x |
Aster HYPEUSDT
MEXC HYPE_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $7.7
- Price spread: +0.003% → +0.016%
- −$1.26
- Slippage, 4 orders
- −$1.29
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$6.85
- Costs to cover
- 0.133%
- Break-even
- 13.2 days
Slippage from Aster: live order book, 5 min ago; MEXC: live order book, 6 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 | 0.59 bp | 4.6 bp −$5 | 5.1 bp −$51 | 11.0 bp −$1,104 | doesn't fit |
| Sell MEXC live order book, 6 min ago | 0.05 bp | 2.1 bp −$2 | 6.5 bp −$65 | 12.7 bp −$1,271 | 36.4 bp −$18.2K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Arcus HYPE-USD | −0.0948% | 1h | 92.818 | −0.043% | $1.1M | $3.9M | 10x | as long as short |
| Hibachi HYPE/USDT-P | −0.0368% | 1h | 92.692 | −0.178% | $194K | $227K | 7x | as long as short |
| Aftermath Perps HYPEUSD | −0.0267% | 1h | 92.787 | −0.076% | $22K | $21K | 10x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 92.865 | +0.008% | $3K | $331 | 25x | as long as short |
| Orderly PERP_HYPE_USDC | −0.0065% | 4h | 92.831 | −0.029% | $157K | $658K | 20x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 92.865 | +0.007% | $127K | $29K | 5x | as long as short |
| 01 Exchange HYPEUSD | 0.0000% | 1h | 92.876 | +0.019% | $87K | $361K | 20x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 92.825 | −0.036% | $22K | $302K | 10x | as long as short |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0002% | 1h | 92.886 | +0.030% | $62K | — | 150x | as long as short |
| Bullet HYPE-USD | +0.0027% | 1h | 92.815 | −0.046% | $111K | $579K | 20x | as long as short |
Arcus HYPE-USD
Hibachi HYPE/USDT-P
Aftermath Perps HYPEUSD
Hotstuff HYPE-PERP
Orderly PERP_HYPE_USDC
dYdX HYPE-USD
01 Exchange HYPEUSD
Perpl HYPE
gTrade (Gains Network) HYPE/USD
Bullet HYPE-USDShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex HYPEUSDT | +0.0027% | 8h | 92.851 | −0.008% | $12.5M | $2.7M | 50x | as long as short |
| BingX HYPE-USDT | +0.0036% | 4h | 92.860 | +0.002% | — | $53.5M | — | as long as short |
| Ondo Perps HYPE-USD.P | +0.0037% | 1h | 92.800 | −0.062% | $697K | $1.1M | 10x | as long as short |
| Phoenix HYPE | +0.0043% | 1h | 92.755 | −0.111% | $210K | $1.2M | 10x | as long as short |
| Bybit HYPEUSDT | +0.0045% | 8h | 92.844 | −0.015% | $316.9M | $281.1M | 75x | as long as short |
| Aster HYPEUSDTlong | +0.0063% | 4h | 92.858 | long leg | $8.7M | $36.1M | 300x | |
| Bitget HYPEUSDT | +0.0090% | 4h | 92.851 | −0.008% | $224.7M | $98.6M | 75x | as long as short |
| edgeX HYPEUSDC | +0.0094% | 4h | 92.749 | −0.118% | $4.9M | $29.6M | 30x | as long as short |
| Paradex HYPE-USD-PERP | +0.0095% | 8h | 92.886 | +0.030% | $339K | $163K | 20x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 92.870 | +0.012% | $16.1M | $62.8M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 92.877 | +0.020% | $3.1M | $11.8M | 20x | as long as short |
| Popdex HYPEUSDT | +0.0096% | 1h | 92.860 | +0.002% | $69K | $1.1M | 50x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0096% | 8h | 92.863 | +0.005% | $113.9M | $303.8M | 50x | as long as short |
| Katana Perps HYPE-USD | +0.0099% | 8h | 92.860 | +0.002% | $38K | $1.7M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 92.859 | +0.002% | $7.5M | $45.6M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 92.892 | +0.037% | $2.02B | $663.2M | 10x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 92.886 | +0.030% | $10.0M | $15.2M | 20x | as long as short |
| Binance HYPEUSDT | +0.0100% | 4h | 92.868 | +0.011% | $373.1M | $901.7M | 75x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 92.800 | −0.062% | $202K | $13K | 10x | as long as short |
| Gate HYPE_USDT | +0.0100% | 4h | 92.851 | −0.008% | $44.5M | $55.4M | 75x | as long as short |
| MEXC HYPE_USDTshort | +0.0100% | 4h | 92.861 | +0.003% | $88.3M | $81.2M | 100x | |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 92.862 | +0.004% | $46.1M | $18.4M | 75x | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 92.864 | +0.006% | $7.3M | $11.3M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 92.689 | −0.182% | $28.5M | $57.4M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 92.776 | −0.088% | $7.5M | $46.2M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 92.773 | −0.092% | $350K | $1.0M | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 92.827 | −0.033% | $667K | $2.7M | 20x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 92.856 | −0.002% | — | $243K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 92.870 | +0.013% | $468K | $2.6M | 20x | as long as short |
| Bluefin HYPE-PERP | +0.0100% | 1h | 92.840 | −0.019% | $79K | $168K | 20x | as long as short |
| Derive HYPE-PERP | +0.0100% | 1h | 92.824 | −0.037% | $16.1M | $7.5M | 10x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 92.779 | −0.085% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 92.859 | +0.001% | $2.0M | $2.0M | 10x | as long as short |
| HTX HYPE-USDT | +0.0100% | 4h | 92.950 | +0.099% | $1.4M | $6.3M | 75x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 92.826 | −0.034% | $18.1M | $43.5M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0104% | 1h | 92.857 | −0.001% | $393K | $164K | 20x | as long as short |
| Injective HYPE/USDC PERP | +0.0150% | 1h | 93.000 | +0.153% | $30K | $339K | 12x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0160% | 1h | 92.900 | +0.045% | $4.7M | $5.5M | 50x | as long as short |
| Kalshi KXHYPEPERP | +0.0227% | 8h | 92.832 | −0.028% | $1.8M | $5.4M | 2.3x | as long as short |
| Reya HYPERUSDPERP | +0.0263% | 1h | 92.841 | −0.019% | $79K | $131K | 15x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0331% / S −0.0154% | 1h | 92.857 | −0.001% | $1.4M | — | 100x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0331% | 1h | 92.913 | +0.059% | $20.6M | $30.4M | 50x | as long as short |
| BloFin HYPE-USDT | +0.0340% | 4h | 92.780 | −0.084% | $16.8M | $11.6M | 75x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0385% | 1h | 92.954 | +0.103% | $7.5M | $4.5M | 50x | as long as short |
| RISEx HYPE/USDC | +0.0687% | 1h | 92.920 | +0.066% | $3.2M | $6.4M | 20x | as long as short |
Phemex HYPEUSDT
BingX HYPE-USDT
Ondo Perps HYPE-USD.P
Phoenix HYPE
Bybit HYPEUSDT
Bitget HYPEUSDT
edgeX HYPEUSDC
Paradex HYPE-USD-PERP
Lighter HYPE
Lighter RH HYPE
Popdex HYPEUSDT
OKX HYPE-USDT-SWAP
Katana Perps HYPE-USD
Nado HYPE-PERP
Hyperliquid HYPE
Pacifica HYPE
Binance HYPEUSDT
Bulk HYPE-USD
Gate HYPE_USDT
KuCoin HYPEUSDTM
Backpack HYPE_USDC_PERP
Variational Omni HYPE
GRVT HYPE_USDT_Perp
ApeX Omni HYPEUSDT
StandX HYPE-USD
Vest HYPE-PERP
Polymarket Perps HYPE-USD
Bluefin HYPE-PERP
Derive HYPE-PERP
SunX HYPE-USDT
SoDEX HYPE-USD
HTX HYPE-USDT
Extended HYPE-USD
Aevo HYPE-PERP
Injective HYPE/USDC PERP
Coinbase International HYPE-PERP-INTX
Kalshi KXHYPEPERP
Reya HYPERUSDPERP
GMX HYPE/USD [WBTC.b-USDC]
Kraken Futures PF_HYPEUSD
BloFin HYPE-USDT
Deribit HYPE_USDC-PERPETUAL
RISEx HYPE/USDC