Settings8H · net · $10k
FundingCostsSizeExchangesMy alerts
Funding arb · Price arb /

HYPE

all HYPE markets
SwapBacktest
Alert: funding
Measured
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Alert: spread
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding you earn now, next payment 05:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.009%
Price spread now: Aevo against Binance+0.079%7-day average −0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$49as in the Funding arb table
Net, price: spread back to 7d avg − costs−$43as in the Price arb table
costs, in and out, $10k−$510.513% of the position
Long on BinanceShort on Aevo
What this pair did over the last
the charts below follow
Funding, last 7 days+0.024%+$2 on $10k
Price spread, last 4 days (all we have)−0.150%−$15 · spread now +0.079%, 7d avg −0.007%
Together, before fees−0.127%−$13 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aevo is 0.086% dearer against Binance than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of −0.007%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance HYPEUSDT93.0650.0100pay 0.0050% / 4h3h 13m$373.5M$910.5M75x
ShortAevo HYPE-PERP93.1390.0104get 0.0013% / 1h13m 02s$394K$164K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Binance. 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
$0.84
Price spread: +0.079% → −0.007%
$8.61
Slippage, 4 orders
−$25.25
Fee Binance: 5 bp × 2 orders
−$10
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$41.81
Costs to cover
0.513%
Break-even
355.4 days
Slippage from Binance: live order book, 16 min ago; Aevo: live order book, 41 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 Binance live order book, 16 min ago0.05 bp5.6 bp −$67.2 bp −$7214.2 bp −$1,419doesn't fit
Sell Aevo live order book, 41 min ago11.64 bp19.6 bp −$2019.7 bp −$19726.8 bp −$2,685doesn'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−0.1792%1h93.043−0.023%$194K$232K7xas long as short
Aftermath Perps HYPEUSD−0.0306%1h93.027−0.041%$22K$21K10xas long as short
Arcus HYPE-USD−0.0194%1h93.112+0.051%$1.1M$3.9M10xas long as short
Hotstuff HYPE-PERP−0.0080%1h93.085+0.021%$3K$33125xas long as short
Orderly PERP_HYPE_USDC−0.0053%4h93.107+0.045%$146K$674K20xas long as short
dYdX HYPE-USD0.0000%1h93.159+0.101%$128K$29K5xas long as short
Perpl HYPE0.0000%43m93.114+0.052%$22K$293K10xas long as short
gTrade (Gains Network) HYPE/USDL +0.0002% / S −0.0002%1h93.145+0.086%$62K—150xas long as short
Ondo Perps HYPE-USD.P+0.0010%1h92.970−0.102%$701K$1.1M10xas long as short
Bullet HYPE-USD+0.0014%1h93.132+0.072%$111K$578K20xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex HYPEUSDT+0.0024%8h93.103+0.041%$12.6M$2.7M50xas long as short
01 Exchange HYPEUSD+0.0024%1h93.136+0.076%$87K$365K20xas long as short
Phoenix HYPE+0.0026%1h93.056−0.010%$208K$1.2M10xas long as short
Bybit HYPEUSDT+0.0029%8h93.072+0.008%$318.1M$284.1M75xas long as short
Bitget HYPEUSDT+0.0038%4h93.060−0.005%$225.2M$98.9M75xas long as short
Popdex HYPEUSDT+0.0048%1h93.104+0.042%$76K$1.1M50xas long as short
Gate HYPE_USDT+0.0070%4h93.121+0.060%$45.4M$54.7M75xas long as short
edgeX HYPEUSDC+0.0094%4h93.059−0.007%$4.9M$29.8M30xas long as short
Lighter HYPE+0.0096%1h93.143+0.084%$16.0M$62.8M20xas long as short
Lighter RH HYPE+0.0096%1h93.151+0.092%$3.1M$11.6M20xas long as short
Paradex HYPE-USD-PERP+0.0097%8h93.164+0.107%$339K$163K20xas long as short
Katana Perps HYPE-USD+0.0099%8h93.120+0.059%$28K$1.7M10xas long as short
Nado HYPE-PERP+0.0100%1h93.140+0.081%$6.8M$46.5M10xas long as short
Hyperliquid HYPE+0.0100%1h93.183+0.127%$2.03B$669.6M10xas long as short
Aster HYPEUSDT+0.0100%4h93.122+0.062%$8.7M$36.3M300xas long as short
Pacifica HYPE+0.0100%1h93.158+0.100%$10.0M$15.2M20xas long as short
Binance HYPEUSDTlong+0.0100%4h93.065long leg$373.5M$910.5M75x
OKX HYPE-USDT-SWAP+0.0100%8h93.075+0.011%$114.1M$305.4M50xas long as short
Bulk HYPE-USD+0.0100%1h92.709−0.383%$202K$13K10xas long as short
MEXC HYPE_USDT+0.0100%4h93.070+0.005%$91.5M$81.4M100xas long as short
KuCoin HYPEUSDTM+0.0100%4h93.105+0.043%$46.1M$18.5M75xas long as short
BingX HYPE-USDT+0.0100%4h93.067+0.002%—$53.9M—as long as short
Backpack HYPE_USDC_PERP+0.0100%1h93.157+0.099%$7.3M$11.2M20xas long as short
Variational Omni HYPE+0.0100%8h92.999−0.071%$28.6M$56.8M—as long as short
GRVT HYPE_USDT_Perp+0.0100%4h93.078+0.014%$7.5M$46.7M10xas long as short
ApeX Omni HYPEUSDT+0.0100%1h93.266+0.216%$342K$1.0M50xas long as short
StandX HYPE-USD+0.0100%1h93.057−0.009%$665K$2.9M20xas long as short
Vest HYPE-PERP+0.0100%1h93.158+0.100%—$243K5xas long as short
Polymarket Perps HYPE-USD+0.0100%1h93.158+0.100%$488K$2.7M20xas long as short
Bluefin HYPE-PERP+0.0100%1h93.121+0.060%$79K$167K20xas long as short
Derive HYPE-PERP+0.0100%1h93.109+0.047%$16.1M$7.5M10xas long as short
SunX HYPE-USDT+0.0100%4h93.182+0.126%$32K$1.6M20xas long as short
SoDEX HYPE-USD+0.0100%1h93.115+0.054%$2.0M$2.0M10xas long as short
HTX HYPE-USDT+0.0100%4h93.300+0.253%$1.4M$6.3M75xas long as short
Extended HYPE-USD+0.0104%1h93.032−0.036%$18.1M$43.5M50xas long as short
Aevo HYPE-PERPshort+0.0104%1h93.139+0.079%$394K$164K20x
Kalshi KXHYPEPERP+0.0126%8h93.196+0.141%$1.8M$5.5M2.3xas long as short
Coinbase International HYPE-PERP-INTX+0.0144%1h93.220+0.167%$4.7M$5.6M50xas long as short
Kraken Futures PF_HYPEUSD+0.0196%1h93.194+0.139%$20.7M$29.5M50xas long as short
Injective HYPE/USDC PERP+0.0242%1h93.410+0.371%$30K$339K12xas long as short
Reya HYPERUSDPERP+0.0266%1h93.118+0.057%$79K$131K15xas long as short
GMX HYPE/USD [WBTC.b-USDC]L +0.0331% / S −0.0154%1h93.145+0.086%$1.4M—100xas long as short
BloFin HYPE-USDT+0.0340%4h93.113+0.052%$16.8M$11.8M75xas long as short
Deribit HYPE_USDC-PERPETUAL+0.0405%1h93.214+0.160%$7.5M$4.5M50xas long as short
RISEx HYPE/USDC+0.0598%1h93.197+0.142%$3.2M$6.3M20xas long as short