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 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.001%
Price spread now: Bullet against Binance+0.101%7-day average +0.016% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$20as in the Price arb table
costs, in and out, $10k−$280.284% of the position
Long on BinanceShort on Bullet
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.005%−$1 on $10k
Price spread, last 3 days (all we have)+0.283%+$28 · spread now +0.101%, 7d avg +0.016%
Together, before fees+0.278%+$28 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: Bullet is 0.085% dearer against Binance than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of +0.016%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance HYPEUSDT93.0550.0100pay 0.0050% / 4h1h 53m$383.7M$891.8M75x
ShortBullet HYPE-USD93.1490.0100get 0.0013% / 1h53m 35s$112K$580K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bullet 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
Price spread: +0.101% → +0.016%
$8.5
Slippage, 4 orders
−$10.39
Fee Binance: 5 bp × 2 orders
−$10
Fee Bullet: 4 bp × 2 orders
−$8
Net
−$19.89
Costs to cover
0.284%
Break-even
never at this rate
Slippage from Binance: live order book, 5 min ago; Bullet: live order book, 31 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, 5 min ago0.05 bp5.2 bp −$56.2 bp −$6215.2 bp −$1,524doesn't fit
Sell Bullet live order book, 31 min ago0.48 bp9.9 bp −$1014.5 bp −$145doesn't fitdoesn'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
Aftermath Perps HYPEUSD−0.0295%1h93.181+0.136%$22K$22K10xas long as short
Arcus HYPE-USD−0.0131%1h92.986−0.074%$1.2M$4.0M10xas long as short
Hotstuff HYPE-PERP−0.0080%1h93.244+0.203%$3K$33125xas long as short
Hibachi HYPE/USDT-P−0.0032%1h93.219+0.177%$197K$231K7xas long as short
Derive HYPE-PERP−0.0017%1h93.081+0.028%$16.3M$7.1M10xas long as short
dYdX HYPE-USD0.0000%1h93.117+0.067%$127K$32K5xas long as short
Kalshi KXHYPEPERP0.0000%8h93.186+0.141%$1.9M$5.3M2.3xas long as short
Perpl HYPE0.0000%43m93.197+0.153%$23K$331K10xas long as short
gTrade (Gains Network) HYPE/USDL +0.0002% / S −0.0001%1h93.173+0.127%$20K—150xas long as short
Aster HYPEUSDT+0.0007%4h93.111+0.060%$8.9M$35.9M300xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
01 Exchange HYPEUSD+0.0008%1h93.238+0.197%$90K$361K20xas long as short
Ondo Perps HYPE-USD.P+0.0020%1h93.160+0.113%$699K$928K10xas long as short
Bybit HYPEUSDT+0.0031%8h93.043−0.013%$323.9M$286.6M75xas long as short
Gate HYPE_USDT+0.0042%4h93.053−0.002%$44.0M$56.7M75xas long as short
Orderly PERP_HYPE_USDC+0.0045%4h93.160+0.113%$165K$515K20xas long as short
Popdex HYPEUSDT+0.0048%1h93.214+0.171%$56K$1.2M50xas long as short
Phoenix HYPE+0.0068%1h93.222+0.180%$216K$1.2M10xas long as short
Lighter HYPE+0.0096%1h93.107+0.056%$18.5M$58.3M20xas long as short
Lighter RH HYPE+0.0096%1h93.076+0.023%$3.0M$12.0M20xas long as short
ApeX Omni HYPEUSDT+0.0096%1h93.051−0.004%$404K$1.0M50xas long as short
Paradex HYPE-USD-PERP+0.0099%8h93.069+0.015%$338K$170K20xas long as short
Katana Perps HYPE-USD+0.0100%8h93.060+0.006%$40K$1.6M10xas long as short
Nado HYPE-PERP+0.0100%1h93.213+0.169%$5.9M$44.1M10xas long as short
Hyperliquid HYPE+0.0100%1h93.113+0.062%$2.03B$668.0M10xas long as short
Pacifica HYPE+0.0100%1h93.078+0.025%$10.0M$14.4M20xas long as short
Binance HYPEUSDTlong+0.0100%4h93.055long leg$383.7M$891.8M75x
OKX HYPE-USDT-SWAP+0.0100%8h93.033−0.023%$114.3M$314.1M50xas long as short
Bulk HYPE-USD+0.0100%1h93.271+0.233%$204K$12K10xas long as short
MEXC HYPE_USDT+0.0100%4h93.052−0.003%$91.1M$81.2M100xas long as short
KuCoin HYPEUSDTM+0.0100%4h93.102+0.051%$47.0M$19.0M75xas long as short
Bitget HYPEUSDT+0.0100%4h93.029−0.028%$225.7M$102.8M75xas long as short
BingX HYPE-USDT+0.0100%4h93.018−0.040%—$54.1M—as long as short
Backpack HYPE_USDC_PERP+0.0100%1h93.104+0.053%$7.8M$11.7M20xas long as short
Variational Omni HYPE+0.0100%8h93.107+0.056%$29.0M$50.3M—as long as short
GRVT HYPE_USDT_Perp+0.0100%4h93.072+0.018%$7.5M$44.8M10xas long as short
StandX HYPE-USD+0.0100%1h93.256+0.216%$674K$2.5M20xas long as short
Polymarket Perps HYPE-USD+0.0100%1h93.254+0.214%$493K$2.6M20xas long as short
Bullet HYPE-USDshort+0.0100%1h93.149+0.101%$112K$580K20x
Bluefin HYPE-PERP+0.0100%1h93.129+0.080%$76K$167K20xas long as short
SunX HYPE-USDT+0.0100%4h93.170+0.124%$32K$1.6M20xas long as short
SoDEX HYPE-USD+0.0100%1h93.101+0.050%$2.0M$2.0M10xas long as short
Phemex HYPEUSDT+0.0100%8h93.130+0.081%$12.7M$2.6M50xas long as short
Vest HYPE-PERP+0.0100%1h93.221+0.178%—$454K5xas long as short
Extended HYPE-USD+0.0104%1h93.010−0.048%$18.3M$41.8M50xas long as short
Aevo HYPE-PERP+0.0104%1h93.151+0.103%$396K$318K20xas long as short
edgeX HYPEUSDC+0.0112%4h93.244+0.203%$5.1M$29.3M30xas long as short
Coinbase International HYPE-PERP-INTX+0.0176%1h93.260+0.221%$4.9M$5.7M50xas long as short
Deribit HYPE_USDC-PERPETUAL+0.0201%1h93.225+0.183%$7.4M$4.6M50xas long as short
Injective HYPE/USDC PERP+0.0239%1h93.910+0.919%$31K$338K12xas long as short
Reya HYPERUSDPERP+0.0246%1h93.183+0.137%$78K$158K15xas long as short
RISEx HYPE/USDC+0.0280%1h93.087+0.034%$2.7M$6.8M20xas long as short
HTX HYPE-USDT+0.0300%4h93.300+0.264%$1.5M$7.6M75xas long as short
GMX HYPE/USD [WBTC.b-USDC]L +0.0338% / S −0.0158%1h93.177+0.131%$1.5M—100xas long as short
BloFin HYPE-USDT+0.0340%4h93.216+0.173%$17.0M$12.5M75xas long as short
Kraken Futures PF_HYPEUSD+0.0466%1h93.223+0.181%$20.8M$28.3M50xas long as short