HYPE

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0003%/8h= +0.3% APRnext payment +$0.02 per $10,000 · paid last 24h +0.003%

Price spread now: edgeX against Binance+0.297%7-day average −0.042% · you sell dearer than you buy

Net, funding: paid 7d − costs−$19as in the Funding arb table

Net, price: spread back to 7d avg − costs+$13as in the Price arb table

costs, in and out, $10k−$210.211% of the position

Long on Binance Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.020%+$2 on $10k

Price spread, last 7 days−0.305%−$31 · spread now +0.297%, 7d avg −0.042%

Together, before fees−0.285%+ Points / potential airdropedgeX: Active · farm board−$29 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: edgeX is 0.339% dearer against Binance than usual: you sell high and buy low, +$34 on $10k if it goes back to its 7-day average of −0.042%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance HYPEUSDT	92.903	0.0100	pay 0.0050% / 4h	1h 53m	$383.0M	$891.8M	75x
Short	edgeX HYPEUSDC	93.179	0.0103	get 0.0052% / 4h	1h 53m	$5.1M	$29.4M	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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

Position, each leg$Hold fordaysFee BinancebpFee edgeXbpOrdersPrice spread, now +0.297%Rate

Funding earned: $0.67
Price spread: +0.297% → −0.042%: $33.92
Slippage, 4 orders: −$2.06
Fee Binance: 5 bp × 2 orders: −$10
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: $13.53
Costs to cover: 0.211%
Break-even: from the start

Slippage from Binance: live order book, 6 min ago; edgeX: live order book, 1 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, 6 min ago	0.05 bp	5.2 bp −$5	6.2 bp −$62	15.2 bp −$1,524	doesn't fit
Sell edgeX live order book, 1 min ago	0.32 bp	4.9 bp −$5	5.4 bp −$54	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
Aftermath Perps HYPEUSD	−0.0295%	1h	93.171	+0.289%	$22K	$22K	10x	as long as short
Arcus HYPE-USD	−0.0131%	1h	92.986	+0.090%	$1.2M	$4.0M	10x	as long as short
Hotstuff HYPE-PERP	−0.0080%	1h	93.204	+0.324%	$3K	$331	25x	as long as short
Hibachi HYPE/USDT-P	−0.0040%	1h	93.170	+0.287%	$197K	$231K	7x	as long as short
Derive HYPE-PERP	−0.0017%	1h	92.906	+0.003%	$16.3M	$7.1M	10x	as long as short
dYdX HYPE-USD	0.0000%	1h	93.117	+0.230%	$127K	$32K	5x	as long as short
01 Exchange HYPEUSD	0.0000%	1h	93.050	+0.159%	$90K	$361K	20x	as long as short
Kalshi KXHYPEPERP	0.0000%	8h	93.026	+0.133%	$1.9M	$5.3M	2.3x	as long as short
Perpl HYPE	0.0000%	43m	93.052	+0.160%	$23K	$331K	10x	as long as short
gTrade (Gains Network) HYPE/USD	L +0.0002% / S −0.0001%	1h	93.051	+0.160%	$20K	—	150x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster HYPEUSDT	+0.0007%	4h	93.036	+0.144%	$8.9M	$35.9M	300x	as long as short
Ondo Perps HYPE-USD.P	+0.0020%	1h	93.160	+0.277%	$699K	$928K	10x	as long as short
Bybit HYPEUSDT	+0.0030%	8h	92.874	−0.031%	$323.3M	$286.8M	75x	as long as short
Phoenix HYPE	+0.0034%	1h	93.222	+0.344%	$216K	$1.2M	10x	as long as short
Popdex HYPEUSDT	+0.0040%	1h	93.028	+0.135%	$56K	$1.2M	50x	as long as short
Gate HYPE_USDT	+0.0042%	4h	92.905	+0.002%	$43.9M	$56.8M	75x	as long as short
Orderly PERP_HYPE_USDC	+0.0043%	4h	93.008	+0.113%	$165K	$515K	20x	as long as short
Bullet HYPE-USD	+0.0090%	1h	93.006	+0.111%	$112K	$579K	20x	as long as short
Lighter HYPE	+0.0096%	1h	92.969	+0.071%	$18.5M	$58.3M	20x	as long as short
Lighter RH HYPE	+0.0096%	1h	92.937	+0.037%	$3.0M	$12.0M	20x	as long as short
Paradex HYPE-USD-PERP	+0.0099%	8h	93.069	+0.179%	$338K	$170K	20x	as long as short
Katana Perps HYPE-USD	+0.0100%	8h	93.060	+0.169%	$40K	$1.6M	10x	as long as short
Nado HYPE-PERP	+0.0100%	1h	93.061	+0.171%	$5.9M	$44.1M	10x	as long as short
Hyperliquid HYPE	+0.0100%	1h	92.959	+0.061%	$2.02B	$669.6M	10x	as long as short
Pacifica HYPE	+0.0100%	1h	93.078	+0.189%	$10.0M	$14.4M	20x	as long as short
Binance HYPEUSDTlong	+0.0100%	4h	92.903	long leg	$383.0M	$891.8M	75x
OKX HYPE-USDT-SWAP	+0.0100%	8h	92.861	−0.045%	$114.1M	$313.8M	50x	as long as short
Bulk HYPE-USD	+0.0100%	1h	93.271	+0.397%	$204K	$12K	10x	as long as short
MEXC HYPE_USDT	+0.0100%	4h	92.923	+0.022%	$91.0M	$81.3M	100x	as long as short
KuCoin HYPEUSDTM	+0.0100%	4h	92.930	+0.029%	$46.9M	$19.0M	75x	as long as short
Bitget HYPEUSDT	+0.0100%	4h	92.881	−0.023%	$225.2M	$103.0M	75x	as long as short
BingX HYPE-USDT	+0.0100%	4h	92.876	−0.029%	—	$54.1M	—	as long as short
Backpack HYPE_USDC_PERP	+0.0100%	1h	92.903	0.000%	$7.8M	$11.7M	20x	as long as short
Variational Omni HYPE	+0.0100%	8h	93.107	+0.220%	$29.0M	$50.3M	—	as long as short
GRVT HYPE_USDT_Perp	+0.0100%	4h	93.245	+0.368%	$7.5M	$44.9M	10x	as long as short
ApeX Omni HYPEUSDT	+0.0100%	1h	93.221	+0.343%	$412K	$1.0M	50x	as long as short
StandX HYPE-USD	+0.0100%	1h	93.257	+0.381%	$674K	$2.5M	20x	as long as short
Vest HYPE-PERP	+0.0100%	1h	93.084	+0.195%	—	$454K	5x	as long as short
Polymarket Perps HYPE-USD	+0.0100%	1h	93.047	+0.155%	$491K	$2.6M	20x	as long as short
Bluefin HYPE-PERP	+0.0100%	1h	92.985	+0.089%	$75K	$167K	20x	as long as short
SunX HYPE-USDT	+0.0100%	4h	93.053	+0.162%	$32K	$1.6M	20x	as long as short
SoDEX HYPE-USD	+0.0100%	1h	92.928	+0.027%	$2.0M	$2.0M	10x	as long as short
Phemex HYPEUSDT	+0.0100%	8h	92.920	+0.019%	$12.7M	$2.6M	50x	as long as short
edgeX HYPEUSDCshort	+0.0103%	4h	93.179	+0.297%	$5.1M	$29.4M	30x
Extended HYPE-USD	+0.0104%	1h	92.908	+0.006%	$18.3M	$41.8M	50x	as long as short
Aevo HYPE-PERP	+0.0104%	1h	92.924	+0.023%	$395K	$318K	20x	as long as short
Coinbase International HYPE-PERP-INTX	+0.0176%	1h	92.980	+0.083%	$4.9M	$5.6M	50x	as long as short
Injective HYPE/USDC PERP	+0.0239%	1h	92.990	+0.094%	$30K	$338K	12x	as long as short
Reya HYPERUSDPERP	+0.0246%	1h	93.003	+0.108%	$77K	$158K	15x	as long as short
RISEx HYPE/USDC	+0.0280%	1h	93.087	+0.198%	$2.7M	$6.8M	20x	as long as short
HTX HYPE-USDT	+0.0297%	4h	93.200	+0.320%	$1.5M	$7.6M	75x	as long as short
Deribit HYPE_USDC-PERPETUAL	+0.0320%	1h	93.026	+0.133%	$7.4M	$4.6M	50x	as long as short
GMX HYPE/USD [WBTC.b-USDC]	L +0.0338% / S −0.0158%	1h	93.034	+0.141%	$1.5M	—	100x	as long as short
BloFin HYPE-USDT	+0.0340%	4h	93.007	+0.112%	$17.0M	$12.4M	75x	as long as short
Kraken Futures PF_HYPEUSD	+0.0467%	1h	93.036	+0.143%	$20.7M	$28.4M	50x	as long as short