Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.009%
Price spread now: BingX against Binance+0.012%7-day average −0.017% · you sell dearer than you buy
Net, funding: paid 7d − costs−$29as in the Funding arb table
Net, price: spread back to 7d avg − costs−$20as in the Price arb table
costs, in and out, $10k−$230.225% of the position
Funding, last 7 days−0.067%−$7 on $10k
+Price spread, last 7 days−0.023%−$2 · spread now +0.012%, 7d avg −0.017%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.029% dearer against Binance than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.017%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance HYPEUSDT | 92.947 | 0.0100 | pay 0.0050% / 4h | 1h 51m | $382.5M | $891.9M | 75x |
| Short | BingX HYPE-USDT | 92.958 | 0.0100 | get 0.0050% / 4h | 1h 51m | — | $54.2M | — |
Binance HYPEUSDT
BingX HYPE-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Binance. 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
- $0
- Price spread: +0.012% → −0.017%
- $2.85
- Slippage, 4 orders
- −$2.54
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$19.69
- Costs to cover
- 0.225%
- Break-even
- never at this rate
Slippage from Binance: live order book, 8 min ago; BingX: 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 Binance live order book, 8 min ago | 0.05 bp | 5.2 bp −$5 | 6.2 bp −$62 | 15.2 bp −$1,524 | doesn't fit |
| Sell BingX live order book, 3 min ago | 0.16 bp | 6.0 bp −$6 | 9.8 bp −$98 | 12.8 bp −$1,278 | 15.5 bp −$7,762 |
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 | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps HYPEUSD | −0.0297% | 1h | 93.091 | +0.155% | $22K | $22K | 10x | as long as short |
| Arcus HYPE-USD | −0.0131% | 1h | 92.865 | −0.088% | $1.2M | $4.0M | 10x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 92.931 | −0.017% | $3K | $331 | 25x | as long as short |
| Hibachi HYPE/USDT-P | −0.0048% | 1h | 92.970 | +0.025% | $196K | $231K | 7x | as long as short |
| Derive HYPE-PERP | −0.0012% | 1h | 92.913 | −0.036% | $16.3M | $7.1M | 10x | as long as short |
| 01 Exchange HYPEUSD | −0.0008% | 1h | 92.910 | −0.040% | $90K | $365K | 20x | as long as short |
| Aster HYPEUSDT | 0.0000% | 4h | 92.945 | −0.002% | $8.9M | $35.9M | 300x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 93.009 | +0.067% | $127K | $32K | 5x | as long as short |
| Kalshi KXHYPEPERP | 0.0000% | 8h | 93.038 | +0.098% | $1.9M | $5.3M | 2.3x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 93.002 | +0.059% | $23K | $331K | 10x | as long as short |
Aftermath Perps HYPEUSD
Arcus HYPE-USD
Hotstuff HYPE-PERP
Hibachi HYPE/USDT-P
Derive HYPE-PERP
01 Exchange HYPEUSD
Aster HYPEUSDT
dYdX HYPE-USD
Kalshi KXHYPEPERP
Perpl HYPEShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0001% | 1h | 92.997 | +0.054% | $20K | — | 150x | as long as short |
| Popdex HYPEUSDT | +0.0008% | 1h | 92.894 | −0.057% | $56K | $1.2M | 50x | as long as short |
| Bybit HYPEUSDT | +0.0032% | 8h | 92.940 | −0.007% | $323.2M | $286.6M | 75x | as long as short |
| Phoenix HYPE | +0.0034% | 1h | 93.039 | +0.099% | $215K | $1.2M | 10x | as long as short |
| Ondo Perps HYPE-USD.P | +0.0038% | 1h | 92.840 | −0.115% | $697K | $921K | 10x | as long as short |
| Orderly PERP_HYPE_USDC | +0.0042% | 4h | 92.966 | +0.021% | $165K | $515K | 20x | as long as short |
| Gate HYPE_USDT | +0.0050% | 4h | 92.957 | +0.011% | $44.0M | $57.3M | 75x | as long as short |
| Bullet HYPE-USD | +0.0075% | 1h | 92.952 | +0.006% | $112K | $579K | 20x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 93.015 | +0.073% | $18.5M | $58.5M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 92.985 | +0.041% | $3.0M | $12.1M | 20x | as long as short |
| Paradex HYPE-USD-PERP | +0.0099% | 8h | 92.911 | −0.039% | $337K | $170K | 20x | as long as short |
| Katana Perps HYPE-USD | +0.0100% | 8h | 92.880 | −0.072% | $40K | $1.6M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 92.909 | −0.040% | $5.9M | $44.1M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 92.994 | +0.051% | $2.02B | $670.0M | 10x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 92.916 | −0.033% | $9.9M | $14.4M | 20x | as long as short |
| Binance HYPEUSDTlong | +0.0100% | 4h | 92.947 | long leg | $382.5M | $891.9M | 75x | |
| OKX HYPE-USDT-SWAP | +0.0100% | 8h | 92.914 | −0.035% | $114.0M | $313.7M | 50x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 92.884 | −0.068% | $203K | $10K | 10x | as long as short |
| MEXC HYPE_USDT | +0.0100% | 4h | 92.955 | +0.009% | $90.5M | $81.3M | 100x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 92.993 | +0.050% | $47.1M | $19.0M | 75x | as long as short |
| Bitget HYPEUSDT | +0.0100% | 4h | 92.975 | +0.030% | $225.3M | $102.9M | 75x | as long as short |
| BingX HYPE-USDTshort | +0.0100% | 4h | 92.958 | +0.012% | — | $54.2M | — | |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 92.983 | +0.039% | $7.8M | $11.7M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 93.107 | +0.172% | $29.0M | $50.3M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 93.245 | +0.321% | $7.5M | $44.9M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 93.016 | +0.074% | $411K | $1.0M | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 93.000 | +0.057% | $673K | $2.5M | 20x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 92.946 | 0.000% | — | $454K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 92.947 | 0.000% | $491K | $2.6M | 20x | as long as short |
| Bluefin HYPE-PERP | +0.0100% | 1h | 92.976 | +0.031% | $75K | $167K | 20x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 93.001 | +0.058% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 92.955 | +0.009% | $2.0M | $2.0M | 10x | as long as short |
| Phemex HYPEUSDT | +0.0100% | 8h | 92.980 | +0.036% | $12.7M | $2.6M | 50x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 92.951 | +0.004% | $18.3M | $42.2M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0104% | 1h | 92.972 | +0.027% | $395K | $318K | 20x | as long as short |
| edgeX HYPEUSDC | +0.0119% | 4h | 93.037 | +0.097% | $5.1M | $29.5M | 30x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0176% | 1h | 93.050 | +0.111% | $4.9M | $5.7M | 50x | as long as short |
| Injective HYPE/USDC PERP | +0.0239% | 1h | 92.820 | −0.136% | $30K | $338K | 12x | as long as short |
| Reya HYPERUSDPERP | +0.0246% | 1h | 92.953 | +0.006% | $77K | $158K | 15x | as long as short |
| RISEx HYPE/USDC | +0.0280% | 1h | 92.959 | +0.013% | $2.7M | $6.8M | 20x | as long as short |
| HTX HYPE-USDT | +0.0293% | 4h | 93.103 | +0.168% | $1.5M | $7.6M | 75x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0338% / S −0.0158% | 1h | 92.990 | +0.047% | $1.5M | — | 100x | as long as short |
| BloFin HYPE-USDT | +0.0340% | 4h | 92.975 | +0.030% | $17.0M | $12.4M | 75x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0449% | 1h | 93.077 | +0.140% | $7.4M | $4.6M | 50x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0467% | 1h | 93.086 | +0.150% | $20.7M | $28.4M | 50x | as long as short |
gTrade (Gains Network) HYPE/USD
Popdex HYPEUSDT
Bybit HYPEUSDT
Phoenix HYPE
Ondo Perps HYPE-USD.P
Orderly PERP_HYPE_USDC
Gate HYPE_USDT
Bullet HYPE-USD
Lighter HYPE
Lighter RH HYPE
Paradex HYPE-USD-PERP
Katana Perps HYPE-USD
Nado HYPE-PERP
Hyperliquid HYPE
Pacifica HYPE
OKX HYPE-USDT-SWAP
Bulk HYPE-USD
MEXC HYPE_USDT
KuCoin HYPEUSDTM
Bitget HYPEUSDT
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
SoDEX HYPE-USD
Phemex HYPEUSDT
Extended HYPE-USD
Aevo HYPE-PERP
edgeX HYPEUSDC
Coinbase International HYPE-PERP-INTX
Injective HYPE/USDC PERP
Reya HYPERUSDPERP
RISEx HYPE/USDC
HTX HYPE-USDT
GMX HYPE/USD [WBTC.b-USDC]
BloFin HYPE-USDT
Deribit HYPE_USDC-PERPETUAL
Kraken Futures PF_HYPEUSD