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 22:00 UTC+0.0096%/8h= +10.6% APRpaid last 24h +0.012%
Price spread now: StandX against Aster+0.134%7-day average +0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs−$16as in the Funding arb table
Net, price: spread back to 7d avg − costs−$8as in the Price arb table
costs, in and out, $10k−$200.202% of the position
Long on AsterShort on StandX
What this pair did over the last
the charts below follow
Funding, last 7 days+0.045%+$4 on $10k
Price spread, last 7 days−0.148%−$15 · spread now +0.134%, 7d avg +0.008%
Together, before fees−0.103%+ Points / potential airdropAster: Stage 5 · StandX: Active · farm board−$10 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and StandX is 0.126% dearer against Aster than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of +0.008%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster HYPEUSDT93.2440.0004pay 0.0002% / 4h2h 54m$8.9M$36.3M300x
ShortStandX HYPE-USD93.3690.0100get 0.0013% / 1h54m 18s$675K$2.4M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

StandX 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
$20.24
Price spread: +0.134% → +0.008%
$12.62
Slippage, 4 orders
−$4.16
Fee Aster: 4 bp × 2 orders
−$8
Fee StandX: 4 bp × 2 orders
−$8
Net
$12.69
Costs to cover
0.202%
Break-even
2.6 days
Slippage from Aster: live order book, 5 min ago; StandX: 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 ago0.48 bp4.6 bp −$55.7 bp −$5711.7 bp −$1,166doesn't fit
Sell StandX live order book, 5 min ago1.29 bp5.3 bp −$55.5 bp −$5511.9 bp −$1,192doesn'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
Hibachi HYPE/USDT-P−0.1328%1h93.228−0.017%$197K$235K7xas long as short
Ondo Perps HYPE-USD.P−0.0196%1h93.160−0.090%$699K$948K10xas long as short
Aftermath Perps HYPEUSD−0.0107%1h93.328+0.090%$22K$22K10xas long as short
01 Exchange HYPEUSD−0.0104%1h93.219−0.027%$89K$340K20xas long as short
Hotstuff HYPE-PERP−0.0080%1h93.208−0.039%$3K$33125xas long as short
Gate HYPE_USDT−0.0002%4h93.243−0.001%$44.1M$56.1M75xas long as short
dYdX HYPE-USD0.0000%1h93.247+0.003%$127K$33K5xas long as short
Kalshi KXHYPEPERP0.0000%8h93.463+0.235%$1.9M$5.4M2.3xas long as short
Perpl HYPE0.0000%43m93.210−0.037%$23K$343K10xas long as short
gTrade (Gains Network) HYPE/USDL +0.0002% / S −0.0001%1h93.272+0.030%$20K—150xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster HYPEUSDTlong+0.0004%4h93.244long leg$8.9M$36.3M300x
Derive HYPE-PERP+0.0037%1h93.192−0.056%$16.4M$7.1M10xas long as short
Bybit HYPEUSDT+0.0040%8h93.240−0.004%$325.1M$288.4M75xas long as short
Bullet HYPE-USD+0.0045%1h93.214−0.032%$112K$583K20xas long as short
Orderly PERP_HYPE_USDC+0.0078%4h93.262+0.019%$180K$536K20xas long as short
Phoenix HYPE+0.0094%1h93.336+0.099%$215K$1.2M10xas long as short
Lighter HYPE+0.0096%1h93.274+0.032%$18.5M$58.9M20xas long as short
Lighter RH HYPE+0.0096%1h93.237−0.008%$3.1M$12.3M20xas long as short
Popdex HYPEUSDT+0.0096%1h93.204−0.043%$56K$1.2M50xas long as short
Katana Perps HYPE-USD+0.0100%8h93.230−0.015%$38K$1.7M10xas long as short
Nado HYPE-PERP+0.0100%1h93.203−0.043%$6.0M$44.4M10xas long as short
Hyperliquid HYPE+0.0100%1h93.274+0.032%$2.03B$668.1M10xas long as short
Pacifica HYPE+0.0100%1h93.249+0.005%$10.0M$14.5M20xas long as short
Binance HYPEUSDT+0.0100%4h93.249+0.005%$385.6M$891.1M75xas long as short
OKX HYPE-USDT-SWAP+0.0100%8h93.242−0.002%$114.6M$316.0M50xas long as short
Arcus HYPE-USD+0.0100%1h93.185−0.063%$1.2M$4.0M10xas long as short
Bulk HYPE-USD+0.0100%1h93.386+0.152%$204K$12K10xas long as short
MEXC HYPE_USDT+0.0100%4h93.209−0.038%$92.0M$81.5M100xas long as short
KuCoin HYPEUSDTM+0.0100%4h93.204−0.043%$46.2M$19.5M75xas long as short
Bitget HYPEUSDT+0.0100%4h93.236−0.009%$226.5M$102.0M75xas long as short
BingX HYPE-USDT+0.0100%4h93.239−0.005%—$54.6M—as long as short
Backpack HYPE_USDC_PERP+0.0100%1h93.382+0.148%$7.9M$11.7M20xas long as short
Variational Omni HYPE+0.0100%8h93.285+0.043%$28.8M$49.9M—as long as short
GRVT HYPE_USDT_Perp+0.0100%4h93.319+0.080%$7.5M$46.8M10xas long as short
ApeX Omni HYPEUSDT+0.0100%1h93.338+0.101%$405K$1.1M50xas long as short
StandX HYPE-USDshort+0.0100%1h93.369+0.134%$675K$2.4M20x
Vest HYPE-PERP+0.0100%1h93.268+0.025%—$454K5xas long as short
Polymarket Perps HYPE-USD+0.0100%1h93.254+0.011%$493K$2.6M20xas long as short
Bluefin HYPE-PERP+0.0100%1h93.226−0.019%$76K$169K20xas long as short
SunX HYPE-USDT+0.0100%4h93.243−0.001%$32K$1.6M20xas long as short
SoDEX HYPE-USD+0.0100%1h93.237−0.008%$2.0M$2.0M10xas long as short
Phemex HYPEUSDT+0.0100%8h93.278+0.036%$12.7M$2.6M50xas long as short
Paradex HYPE-USD-PERP+0.0100%8h93.246+0.002%$339K$171K20xas long as short
Extended HYPE-USD+0.0104%1h93.211−0.035%$18.4M$41.0M50xas long as short
Aevo HYPE-PERP+0.0104%1h93.243−0.001%$397K$318K20xas long as short
edgeX HYPEUSDC+0.0120%4h93.294+0.054%$5.1M$29.4M30xas long as short
Coinbase International HYPE-PERP-INTX+0.0208%1h93.290+0.049%$4.9M$5.7M50xas long as short
Reya HYPERUSDPERP+0.0244%1h93.221−0.025%$77K$157K15xas long as short
Injective HYPE/USDC PERP+0.0285%1h93.210−0.036%$30K$231K12xas long as short
GMX HYPE/USD [WBTC.b-USDC]L +0.0338% / S −0.0165%1h93.258+0.015%$1.4M—100xas long as short
BloFin HYPE-USDT+0.0340%4h93.352+0.116%$17.2M$12.5M75xas long as short
HTX HYPE-USDT+0.0414%4h93.378+0.144%$1.5M$7.6M75xas long as short
Deribit HYPE_USDC-PERPETUAL+0.0447%1h93.346+0.109%$7.4M$4.6M50xas long as short
RISEx HYPE/USDC+0.0467%1h93.279+0.038%$2.7M$6.8M20xas long as short
Kraken Futures PF_HYPEUSD+0.0574%1h93.407+0.174%$19.2M$25.7M50xas long as short