Funding you earn now, next payment 08:00 UTC−0.0164%/8h= −17.9% APRnext payment −$0.82 per $10,000 · paid last 24h −0.032%
Price spread now: Orderly against Aster−0.030%7-day average +0.001% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.130%−$13 on $10k
+Price spread, last 4 days (all we have)−0.015%−$2 · spread now −0.030%, 7d avg +0.001%
=Together, before fees−0.145%+ Points / potential airdropAster: Stage 5 · farm board−$15 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Orderly is 0.032% cheaper against Aster than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.001%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster HYPEUSDT | 92.888 | 0.0100 | pay 0.0050% / 4h | 3h 32m | $8.7M | $36.1M | 300x |
| Short | Orderly PERP_HYPE_USDC | 92.860 | −0.0064 | pay 0.0032% / 4h | 3h 32m | $147K | $679K | 20x |
Aster HYPEUSDT
Orderly PERP_HYPE_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- −$34.42
- Price spread: −0.030% → +0.001%
- −$3.16
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$51.58
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: Aster: live order book, 1 min ago; Orderly: no order-book sample. Net counts fees only.
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, 1 min ago | 0.70 bp | 4.7 bp −$5 | 5.5 bp −$55 | 11.4 bp −$1,143 | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.1400% | 1h | 92.616 | −0.293% | $193K | $230K | 7x | as long as short |
| Aftermath Perps HYPEUSD | −0.0279% | 1h | 92.815 | −0.079% | $22K | $21K | 10x | as long as short |
| Arcus HYPE-USD | −0.0194% | 1h | 92.832 | −0.060% | $1.1M | $3.9M | 10x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 92.839 | −0.053% | $3K | $331 | 25x | as long as short |
| Orderly PERP_HYPE_USDCshort | −0.0064% | 4h | 92.860 | −0.030% | $147K | $679K | 20x | |
| dYdX HYPE-USD | 0.0000% | 1h | 92.901 | +0.014% | $127K | $29K | 5x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 92.838 | −0.055% | $22K | $298K | 10x | as long as short |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0002% | 1h | 92.896 | +0.009% | $62K | — | 150x | as long as short |
| Phoenix HYPE | +0.0026% | 1h | 92.857 | −0.034% | $210K | $1.2M | 10x | as long as short |
| Bybit HYPEUSDT | +0.0034% | 8h | 92.880 | −0.009% | $316.1M | $282.1M | 75x | as long as short |
Hibachi HYPE/USDT-P
Aftermath Perps HYPEUSD
Arcus HYPE-USD
Hotstuff HYPE-PERP
dYdX HYPE-USD
Perpl HYPE
gTrade (Gains Network) HYPE/USD
Phoenix HYPE
Bybit HYPEUSDTShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps HYPE-USD.P | +0.0042% | 1h | 92.760 | −0.138% | $699K | $1.1M | 10x | as long as short |
| Bullet HYPE-USD | +0.0044% | 1h | 92.868 | −0.022% | $111K | $577K | 20x | as long as short |
| 01 Exchange HYPEUSD | +0.0048% | 1h | 92.895 | +0.007% | $87K | $361K | 20x | as long as short |
| Phemex HYPEUSDT | +0.0051% | 8h | 92.908 | +0.021% | $12.5M | $2.7M | 50x | as long as short |
| Bitget HYPEUSDT | +0.0058% | 4h | 92.914 | +0.028% | $225.0M | $99.2M | 75x | as long as short |
| Popdex HYPEUSDT | +0.0072% | 1h | 92.875 | −0.014% | $70K | $1.1M | 50x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 92.909 | +0.023% | $16.0M | $62.6M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 92.937 | +0.053% | $3.1M | $11.6M | 20x | as long as short |
| Paradex HYPE-USD-PERP | +0.0097% | 8h | 92.853 | −0.038% | $339K | $163K | 20x | as long as short |
| edgeX HYPEUSDC | +0.0099% | 4h | 92.802 | −0.093% | $4.9M | $29.6M | 30x | as long as short |
| Katana Perps HYPE-USD | +0.0099% | 8h | 92.820 | −0.073% | $30K | $1.7M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 92.811 | −0.083% | $7.6M | $45.9M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 92.958 | +0.075% | $2.02B | $666.4M | 10x | as long as short |
| Aster HYPEUSDTlong | +0.0100% | 4h | 92.888 | long leg | $8.7M | $36.1M | 300x | |
| Pacifica HYPE | +0.0100% | 1h | 92.911 | +0.025% | $10.0M | $15.2M | 20x | as long as short |
| Binance HYPEUSDT | +0.0100% | 4h | 92.909 | +0.023% | $373.4M | $905.3M | 75x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0100% | 8h | 92.884 | −0.004% | $113.8M | $304.4M | 50x | as long as short |
| Gate HYPE_USDT | +0.0100% | 4h | 92.910 | +0.024% | $45.0M | $54.1M | 75x | as long as short |
| MEXC HYPE_USDT | +0.0100% | 4h | 92.886 | −0.002% | $87.0M | $80.3M | 100x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 92.881 | −0.008% | $46.1M | $18.4M | 75x | as long as short |
| BingX HYPE-USDT | +0.0100% | 4h | 92.915 | +0.029% | — | $54.0M | — | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 92.890 | +0.002% | $7.3M | $11.3M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 92.829 | −0.064% | $28.5M | $57.4M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 92.842 | −0.050% | $7.5M | $46.6M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 92.921 | +0.035% | $341K | $1.0M | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 92.833 | −0.059% | $667K | $2.8M | 20x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 92.892 | +0.004% | — | $243K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 92.909 | +0.022% | $468K | $2.6M | 20x | as long as short |
| Bluefin HYPE-PERP | +0.0100% | 1h | 92.868 | −0.022% | $79K | $167K | 20x | as long as short |
| Derive HYPE-PERP | +0.0100% | 1h | 92.861 | −0.030% | $16.0M | $7.5M | 10x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 92.936 | +0.052% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 92.874 | −0.015% | $2.0M | $2.0M | 10x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 92.770 | −0.127% | $202K | $13K | 10x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 92.850 | −0.042% | $18.0M | $43.6M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0104% | 1h | 92.878 | −0.011% | $393K | $164K | 20x | as long as short |
| HTX HYPE-USDT | +0.0122% | 4h | 93.000 | +0.120% | $1.4M | $6.3M | 75x | as long as short |
| Kalshi KXHYPEPERP | +0.0133% | 8h | 92.819 | −0.074% | $1.8M | $5.4M | 2.3x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0144% | 1h | 92.890 | +0.002% | $4.7M | $5.6M | 50x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0197% | 1h | 92.929 | +0.044% | $20.6M | $30.5M | 50x | as long as short |
| Injective HYPE/USDC PERP | +0.0242% | 1h | 93.150 | +0.282% | $30K | $339K | 12x | as long as short |
| Reya HYPERUSDPERP | +0.0265% | 1h | 92.868 | −0.022% | $79K | $131K | 15x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0331% / S −0.0154% | 1h | 92.892 | +0.005% | $1.4M | — | 100x | as long as short |
| BloFin HYPE-USDT | +0.0340% | 4h | 92.864 | −0.026% | $16.8M | $11.6M | 75x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0460% | 1h | 92.972 | +0.090% | $7.5M | $4.5M | 50x | as long as short |
| RISEx HYPE/USDC | +0.0598% | 1h | 92.945 | +0.061% | $3.2M | $6.4M | 20x | as long as short |
Ondo Perps HYPE-USD.P
Bullet HYPE-USD
01 Exchange HYPEUSD
Phemex HYPEUSDT
Bitget HYPEUSDT
Popdex HYPEUSDT
Lighter HYPE
Lighter RH HYPE
Paradex HYPE-USD-PERP
edgeX HYPEUSDC
Katana Perps HYPE-USD
Nado HYPE-PERP
Hyperliquid HYPE
Pacifica HYPE
Binance HYPEUSDT
OKX HYPE-USDT-SWAP
Gate HYPE_USDT
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
Vest HYPE-PERP
Polymarket Perps HYPE-USD
Bluefin HYPE-PERP
Derive HYPE-PERP
SunX HYPE-USDT
SoDEX HYPE-USD
Bulk HYPE-USD
Extended HYPE-USD
Aevo HYPE-PERP
HTX HYPE-USDT
Kalshi KXHYPEPERP
Coinbase International HYPE-PERP-INTX
Kraken Futures PF_HYPEUSD
Injective HYPE/USDC PERP
Reya HYPERUSDPERP
GMX HYPE/USD [WBTC.b-USDC]
BloFin HYPE-USDT
Deribit HYPE_USDC-PERPETUAL
RISEx HYPE/USDC