Funding you earn now, next payment 22:00 UTC+0.0088%/8h= +9.6% APRpaid last 24h +0.013%
Price spread now: SoDEX against Aster−0.071%7-day average +0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$31as in the Price arb table
costs, in and out, $10k−$230.228% of the position
Funding, last 3 days (all we have)+0.017%+$2 on $10k
+Price spread, last 3 days (all we have)−0.066%−$7 · spread now −0.071%, 7d avg +0.008%
=Together, before fees−0.049%+ Points / potential airdropAster: Stage 5 · farm board−$5 on $10k · with fees, hour by hour
Funding pays, the price is against you. SoDEX is 0.079% cheaper against Aster than usual: you would sell low and buy high (spread −0.071% now, against its 7-day average of +0.008%). If the spread goes back, that is −$8 on $10k: about 3.0 days of funding at the current rate (+$3 a day). At the pace of the last 3 days (+0.017% in total) that is about 14 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster HYPEUSDT | 93.455 | 0.0012 | pay 0.0006% / 4h | 2h 35m | $8.9M | $35.9M | 300x |
| Short | SoDEX HYPE-USD | 93.389 | 0.0100 | get 0.0013% / 1h | 35m 38s | $2.0M | $2.0M | 10x |
Aster HYPEUSDT
SoDEX HYPE-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX 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
- $18.48
- Price spread: −0.071% → +0.008%
- −$7.87
- Slippage, 4 orders
- −$6.79
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$12.18
- Costs to cover
- 0.228%
- Break-even
- 11.6 days
Slippage from Aster: live order book, 3 min ago; SoDEX: live order book, 3 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, 3 min ago | 0.38 bp | 4.4 bp −$4 | 4.7 bp −$47 | 10.3 bp −$1,032 | doesn't fit |
| Sell SoDEX live order book, 3 min ago | 0.21 bp | 7.3 bp −$7 | 12.8 bp −$128 | 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 | −0.1120% | 1h | 93.436 | −0.020% | $197K | $233K | 7x | as long as short |
| Aftermath Perps HYPEUSD | −0.0256% | 1h | 93.396 | −0.063% | $22K | $22K | 10x | as long as short |
| Ondo Perps HYPE-USD.P | −0.0249% | 1h | 93.370 | −0.091% | $701K | $941K | 10x | as long as short |
| 01 Exchange HYPEUSD | −0.0088% | 1h | 93.435 | −0.022% | $89K | $348K | 20x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 93.300 | −0.166% | $3K | $331 | 25x | as long as short |
| Bullet HYPE-USD | −0.0016% | 1h | 93.392 | −0.068% | $112K | $583K | 20x | as long as short |
| Derive HYPE-PERP | −0.0003% | 1h | 93.345 | −0.118% | $16.4M | $7.1M | 10x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 93.485 | +0.031% | $127K | $32K | 5x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 93.417 | −0.041% | $23K | $337K | 10x | as long as short |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0001% | 1h | 93.424 | −0.034% | $20K | — | 150x | as long as short |
Hibachi HYPE/USDT-P
Aftermath Perps HYPEUSD
Ondo Perps HYPE-USD.P
01 Exchange HYPEUSD
Hotstuff HYPE-PERP
Bullet HYPE-USD
Derive HYPE-PERP
dYdX HYPE-USD
Perpl HYPE
gTrade (Gains Network) HYPE/USDShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster HYPEUSDTlong | +0.0012% | 4h | 93.455 | long leg | $8.9M | $35.9M | 300x | |
| Gate HYPE_USDT | +0.0018% | 4h | 93.409 | −0.050% | $44.1M | $56.5M | 75x | as long as short |
| Bybit HYPEUSDT | +0.0035% | 8h | 93.462 | +0.007% | $325.7M | $287.4M | 75x | as long as short |
| Phoenix HYPE | +0.0068% | 1h | 93.527 | +0.077% | $216K | $1.2M | 10x | as long as short |
| Orderly PERP_HYPE_USDC | +0.0070% | 4h | 93.408 | −0.051% | $180K | $529K | 20x | as long as short |
| Popdex HYPEUSDT | +0.0080% | 1h | 93.399 | −0.060% | $56K | $1.2M | 50x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 93.498 | +0.046% | $18.5M | $59.5M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 93.473 | +0.019% | $3.1M | $12.3M | 20x | as long as short |
| Paradex HYPE-USD-PERP | +0.0100% | 8h | 93.462 | +0.007% | $339K | $170K | 20x | as long as short |
| Katana Perps HYPE-USD | +0.0100% | 8h | 93.400 | −0.059% | $40K | $1.7M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 93.405 | −0.054% | $6.0M | $44.2M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 93.486 | +0.033% | $2.03B | $667.9M | 10x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 93.491 | +0.038% | $10.0M | $14.4M | 20x | as long as short |
| Binance HYPEUSDT | +0.0100% | 4h | 93.458 | +0.003% | $385.4M | $888.6M | 75x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0100% | 8h | 93.465 | +0.010% | $114.8M | $315.2M | 50x | as long as short |
| Arcus HYPE-USD | +0.0100% | 1h | 93.458 | +0.003% | $1.2M | $4.0M | 10x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 93.403 | −0.056% | $204K | $12K | 10x | as long as short |
| MEXC HYPE_USDT | +0.0100% | 4h | 93.488 | +0.035% | $92.8M | $82.0M | 100x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 93.451 | −0.005% | $46.4M | $18.9M | 75x | as long as short |
| Bitget HYPEUSDT | +0.0100% | 4h | 93.501 | +0.049% | $227.1M | $102.1M | 75x | as long as short |
| BingX HYPE-USDT | +0.0100% | 4h | 93.470 | +0.016% | — | $54.2M | — | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 93.436 | −0.021% | $7.9M | $11.7M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 93.375 | −0.085% | $28.9M | $49.9M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 93.408 | −0.050% | $7.5M | $44.9M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 93.381 | −0.079% | $405K | $1.0M | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 93.490 | +0.037% | $676K | $2.4M | 20x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 93.453 | −0.003% | — | $454K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 93.436 | −0.021% | $493K | $2.6M | 20x | as long as short |
| Bluefin HYPE-PERP | +0.0100% | 1h | 93.398 | −0.061% | $76K | $168K | 20x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 93.443 | −0.013% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USDshort | +0.0100% | 1h | 93.389 | −0.071% | $2.0M | $2.0M | 10x | |
| Phemex HYPEUSDT | +0.0100% | 8h | 93.407 | −0.052% | $12.7M | $2.6M | 50x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 93.401 | −0.058% | $18.4M | $41.1M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0104% | 1h | 93.373 | −0.088% | $397K | $318K | 20x | as long as short |
| edgeX HYPEUSDC | +0.0113% | 4h | 93.336 | −0.127% | $5.1M | $29.5M | 30x | as long as short |
| Kalshi KXHYPEPERP | +0.0116% | 8h | 93.483 | +0.030% | $1.9M | $5.3M | 2.3x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0208% | 1h | 93.400 | −0.059% | $4.9M | $5.7M | 50x | as long as short |
| Reya HYPERUSDPERP | +0.0245% | 1h | 93.397 | −0.063% | $78K | $158K | 15x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0253% | 1h | 93.491 | +0.038% | $7.4M | $4.6M | 50x | as long as short |
| Injective HYPE/USDC PERP | +0.0285% | 1h | 93.330 | −0.134% | $30K | $231K | 12x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0338% / S −0.0164% | 1h | 93.444 | −0.012% | $1.4M | — | 100x | as long as short |
| BloFin HYPE-USDT | +0.0340% | 4h | 93.449 | −0.007% | $17.1M | $12.5M | 75x | as long as short |
| HTX HYPE-USDT | +0.0340% | 4h | 93.662 | +0.221% | $1.5M | $7.6M | 75x | as long as short |
| RISEx HYPE/USDC | +0.0467% | 1h | 93.477 | +0.023% | $2.8M | $6.8M | 20x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0573% | 1h | 93.492 | +0.039% | $19.2M | $25.9M | 50x | as long as short |
Gate HYPE_USDT
Bybit HYPEUSDT
Phoenix HYPE
Orderly PERP_HYPE_USDC
Popdex HYPEUSDT
Lighter HYPE
Lighter RH HYPE
Paradex HYPE-USD-PERP
Katana Perps HYPE-USD
Nado HYPE-PERP
Hyperliquid HYPE
Pacifica HYPE
Binance HYPEUSDT
OKX HYPE-USDT-SWAP
Arcus HYPE-USD
Bulk HYPE-USD
MEXC HYPE_USDT
KuCoin HYPEUSDTM
Bitget HYPEUSDT
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
SunX HYPE-USDT
Phemex HYPEUSDT
Extended HYPE-USD
Aevo HYPE-PERP
edgeX HYPEUSDC
Kalshi KXHYPEPERP
Coinbase International HYPE-PERP-INTX
Reya HYPERUSDPERP
Deribit HYPE_USDC-PERPETUAL
Injective HYPE/USDC PERP
GMX HYPE/USD [WBTC.b-USDC]
BloFin HYPE-USDT
HTX HYPE-USDT
RISEx HYPE/USDC
Kraken Futures PF_HYPEUSD