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 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.049%
Price spread now: HTX against Binance+0.308%7-day average +0.040% · you sell dearer than you buy
Net, funding: paid 7d − costs−$25as in the Funding arb table
Net, price: spread back to 7d avg − costs−$4as in the Price arb table
costs, in and out, $10k−$310.309% of the position
Long on BinanceShort on HTX
What this pair did over the last
the charts below follow
Funding, last 7 days+0.058%+$6 on $10k
Price spread, last 4 days (all we have)−0.433%−$43 · spread now +0.308%, 7d avg +0.040%
Together, before fees−0.375%−$37 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: HTX is 0.268% dearer against Binance than usual: you sell high and buy low, +$27 on $10k if it goes back to its 7-day average of +0.040%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance HYPEUSDT93.5120.0100pay 0.0050% / 4h2h 55m$375.0M$910.5M75x
ShortHTX HYPE-USDT93.8000.0100get 0.0050% / 4h2h 55m$1.4M$6.4M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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: +0.308% → +0.040%
$26.77
Slippage, 4 orders
−$8.92
Fee Binance: 5 bp × 2 orders
−$10
Fee HTX: 6 bp × 2 orders
−$12
Net
−$4.15
Costs to cover
0.309%
Break-even
never at this rate
Slippage from Binance: live order book, 3 min ago; HTX: live order book, 3 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, 3 min ago0.05 bp5.1 bp −$57.2 bp −$7216.2 bp −$1,62041.0 bp −$20.5K
Sell HTX live order book, 3 min ago2.83 bp10.7 bp −$1114.4 bp −$14449.0 bp −$4,897doesn'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−0.1896%1h93.498−0.015%$197K$232K7xas long as short
Aftermath Perps HYPEUSD−0.0364%1h93.451−0.066%$22K$21K10xas long as short
Bullet HYPE-USD−0.0131%1h93.513+0.001%$112K$578K20xas long as short
Hotstuff HYPE-PERP−0.0080%1h93.476−0.039%$3K$33125xas long as short
Orderly PERP_HYPE_USDC−0.0037%4h93.554+0.045%$146K$663K20xas long as short
01 Exchange HYPEUSD−0.0032%1h93.535+0.024%$88K$366K20xas long as short
dYdX HYPE-USD0.0000%1h93.608+0.102%$128K$29K5xas long as short
Perpl HYPE0.0000%43m93.556+0.047%$22K$290K10xas long as short
gTrade (Gains Network) HYPE/USDL +0.0002% / S −0.0002%1h93.576+0.068%$62K—150xas long as short
Arcus HYPE-USD+0.0011%1h93.514+0.002%$1.0M$3.9M10xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex HYPEUSDT+0.0020%8h93.499−0.014%$12.6M$2.7M50xas long as short
Bitget HYPEUSDT+0.0024%4h93.530+0.019%$226.3M$99.2M75xas long as short
Bybit HYPEUSDT+0.0026%8h93.507−0.006%$318.1M$283.8M75xas long as short
Phoenix HYPE+0.0026%1h93.546+0.036%$209K$1.2M10xas long as short
Ondo Perps HYPE-USD.P+0.0061%1h93.560+0.051%$705K$1.2M10xas long as short
Bluefin HYPE-PERP+0.0092%1h93.553+0.044%$79K$167K20xas long as short
Paradex HYPE-USD-PERP+0.0095%8h93.581+0.074%$341K$162K20xas long as short
Lighter HYPE+0.0096%1h93.541+0.031%$16.1M$62.9M20xas long as short
Lighter RH HYPE+0.0096%1h93.560+0.051%$3.1M$11.4M20xas long as short
Popdex HYPEUSDT+0.0096%1h93.524+0.013%$77K$1.1M50xas long as short
edgeX HYPEUSDC+0.0097%4h93.351−0.172%$5.0M$29.9M30xas long as short
Gate HYPE_USDT+0.0098%4h93.514+0.002%$46.3M$53.8M75xas long as short
Katana Perps HYPE-USD+0.0099%8h93.510−0.002%$28K$1.7M10xas long as short
Nado HYPE-PERP+0.0100%1h93.544+0.035%$7.0M$47.8M10xas long as short
Hyperliquid HYPE+0.0100%1h93.566+0.058%$2.04B$667.2M10xas long as short
Aster HYPEUSDT+0.0100%4h93.526+0.015%$8.7M$36.4M300xas long as short
Pacifica HYPE+0.0100%1h93.574+0.066%$10.1M$15.3M20xas long as short
Binance HYPEUSDTlong+0.0100%4h93.512long leg$375.0M$910.5M75x
OKX HYPE-USDT-SWAP+0.0100%8h93.514+0.002%$114.9M$308.2M50xas long as short
Bulk HYPE-USD+0.0100%1h93.328−0.197%$203K$3K10xas long as short
MEXC HYPE_USDT+0.0100%4h93.526+0.015%$92.2M$80.0M100xas long as short
KuCoin HYPEUSDTM+0.0100%4h93.534+0.023%$46.2M$18.6M75xas long as short
BingX HYPE-USDT+0.0100%4h93.515+0.003%—$54.0M—as long as short
Backpack HYPE_USDC_PERP+0.0100%1h93.578+0.070%$7.3M$11.1M20xas long as short
Variational Omni HYPE+0.0100%8h93.529+0.018%$28.7M$56.9M—as long as short
GRVT HYPE_USDT_Perp+0.0100%4h93.423−0.096%$7.5M$47.1M10xas long as short
ApeX Omni HYPEUSDT+0.0100%1h93.617+0.112%$343K$1.0M50xas long as short
StandX HYPE-USD+0.0100%1h93.612+0.107%$669K$2.9M20xas long as short
Vest HYPE-PERP+0.0100%1h93.585+0.078%—$243K5xas long as short
Polymarket Perps HYPE-USD+0.0100%1h93.548+0.038%$490K$2.7M20xas long as short
Derive HYPE-PERP+0.0100%1h93.544+0.034%$16.1M$7.5M10xas long as short
SunX HYPE-USDT+0.0100%4h93.549+0.039%$32K$1.6M20xas long as short
SoDEX HYPE-USD+0.0100%1h93.563+0.054%$2.0M$1.9M10xas long as short
HTX HYPE-USDTshort+0.0100%4h93.800+0.308%$1.4M$6.4M75x
Extended HYPE-USD+0.0104%1h93.500−0.013%$18.1M$43.2M50xas long as short
Aevo HYPE-PERP+0.0104%1h93.566+0.058%$396K$161K20xas long as short
Injective HYPE/USDC PERP+0.0122%1h93.410−0.109%$30K$339K12xas long as short
Kalshi KXHYPEPERP+0.0137%8h93.633+0.129%$1.8M$5.6M2.3xas long as short
Coinbase International HYPE-PERP-INTX+0.0144%1h93.720+0.222%$4.8M$5.6M50xas long as short
Reya HYPERUSDPERP+0.0267%1h93.508−0.005%$80K$131K15xas long as short
GMX HYPE/USD [WBTC.b-USDC]L +0.0332% / S −0.0154%1h93.558+0.048%$1.4M—100xas long as short
BloFin HYPE-USDT+0.0340%4h93.642+0.139%$16.9M$11.9M75xas long as short
Kraken Futures PF_HYPEUSD+0.0340%1h93.618+0.114%$20.9M$29.6M50xas long as short
Deribit HYPE_USDC-PERPETUAL+0.0391%1h93.649+0.146%$7.5M$4.0M50xas long as short
RISEx HYPE/USDC+0.0527%1h93.602+0.097%$3.2M$6.3M20xas long as short