Funding you earn now, next payment 01:00 UTC+0.0052%/8h= +5.7% APRpaid last 24h +0.009%
Price spread now: Pacifica against Binance0.000%48s7-day average −0.010% · you buy dearer than you sell
Net, funding: paid 7d − costs−$28as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$200.201% of the position
Funding, last 7 days−0.076%−$8 on $10k
+Price spread, last 7 days−0.001%$0 · spread now 0.000%, 7d avg −0.010%
=Together, before fees−0.077%+ Points / potential airdropPacifica: Active · farm board−$8 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.010%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.076%, so the current rate has only just turned in your favour. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance HYPEUSDT | 93.810 | 0.0048 | pay 0.0024% / 4h | 3h 19m | $382.7M | $893.7M | 75x |
| Short | Pacifica HYPE | 93.810 | 0.0100 | get 0.0013% / 1h | 19m 58s | $10.2M | $14.6M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica 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
- $10.91
- Price spread: 0.000% → −0.010%
- $0.98
- Slippage, 4 orders
- −$2.14
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$8.25
- Costs to cover
- 0.201%
- Break-even
- 12.3 days
Slippage from Binance: live order book, 9 min ago; Pacifica: live order book, 4 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, 9 min ago | 0.05 bp | 6.0 bp −$6 | 8.0 bp −$80 | 12.8 bp −$1,279 | 23.4 bp −$11.7K |
| Sell Pacifica live order book, 4 min ago | 0.16 bp | 4.5 bp −$4 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Hibachi HYPE/USDT-P | −0.1336% | 1h | 93.984 | +0.186% | $199K | $228K | 7x | as long as short |
| Arcus HYPE-USD | −0.0625% | 1h | 93.698 | −0.119% | $1.2M | $3.8M | 10x | as long as short |
| Aftermath Perps HYPEUSD | −0.0196% | 1h | 94.079 | +0.287% | $22K | $21K | 10x | as long as short |
| Ondo Perps HYPE-USD.P | −0.0155% | 1h | 93.910 | +0.107% | $710K | $959K | 10x | as long as short |
| dYdX HYPE-USD | −0.0114% | 1h | 93.863 | +0.057% | $129K | $31K | 5x | as long as short |
| Bullet HYPE-USD | −0.0099% | 1h | 93.819 | +0.010% | $112K | $581K | 20x | as long as short |
| 01 Exchange HYPEUSD | −0.0088% | 1h | 93.806 | −0.004% | $86K | $360K | 20x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 93.802 | −0.008% | $3K | $331 | 25x | as long as short |
| Gate HYPE_USDT | −0.0068% | 4h | 93.813 | +0.004% | $44.4M | $60.0M | 75x | as long as short |
| Bybit HYPEUSDT | −0.0025% | 8h | 93.820 | +0.011% | $322.4M | $280.1M | 75x | as long as short |
Show all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_HYPE_USDC | −0.0024% | 4h | 93.797 | −0.013% | $159K | $645K | 20x | as long as short |
| Phemex HYPEUSDT | −0.0008% | 8h | 93.884 | +0.079% | $12.8M | $2.6M | 50x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 93.820 | +0.011% | $23K | $327K | 10x | as long as short |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0003% | 1h | 93.855 | +0.049% | $27K | — | 150x | as long as short |
| Aster HYPEUSDT | +0.0013% | 4h | 93.812 | +0.003% | $8.9M | $36.1M | 300x | as long as short |
| Derive HYPE-PERP | +0.0017% | 1h | 93.782 | −0.029% | $16.4M | $7.3M | 10x | as long as short |
| Phoenix HYPE | +0.0034% | 1h | 94.149 | +0.362% | $219K | $1.2M | 10x | as long as short |
| MEXC HYPE_USDT | +0.0048% | 4h | 93.826 | +0.018% | $88.5M | $82.9M | 100x | as long as short |
| Binance HYPEUSDTlong | +0.0048% | 4h | 93.810 | long leg | $382.7M | $893.7M | 75x | |
| edgeX HYPEUSDC | +0.0070% | 4h | 94.065 | +0.272% | $5.1M | $30.0M | 30x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0075% | 8h | 93.806 | −0.004% | $115.8M | $317.0M | 50x | as long as short |
| Bluefin HYPE-PERP | +0.0089% | 1h | 93.812 | +0.003% | $76K | $171K | 20x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 93.868 | +0.062% | $19.1M | $60.0M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 93.861 | +0.055% | $3.0M | $12.1M | 20x | as long as short |
| Popdex HYPEUSDT | +0.0096% | 1h | 93.818 | +0.009% | $64K | $1.2M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0096% | 1h | 93.798 | −0.012% | $399K | $180K | 20x | as long as short |
| Paradex HYPE-USD-PERP | +0.0099% | 8h | 93.789 | −0.022% | $341K | $165K | 20x | as long as short |
| Katana Perps HYPE-USD | +0.0100% | 8h | 93.850 | +0.043% | $20K | $1.6M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 93.766 | −0.046% | $6.6M | $44.8M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 93.924 | +0.122% | $2.05B | $673.5M | 10x | as long as short |
| Pacifica HYPEshort | +0.0100% | 1h | 93.810 | 0.000% | $10.2M | $14.6M | 20x | |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 93.851 | +0.044% | $46.7M | $18.2M | 75x | as long as short |
| Bitget HYPEUSDT | +0.0100% | 4h | 93.831 | +0.023% | $227.5M | $100.9M | 75x | as long as short |
| BingX HYPE-USDT | +0.0100% | 4h | 93.804 | −0.006% | — | $54.0M | — | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 93.832 | +0.024% | $7.7M | $10.4M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 93.939 | +0.138% | $31.4M | $54.1M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 94.199 | +0.415% | $7.6M | $46.1M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 94.047 | +0.253% | $340K | $1.1M | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 93.952 | +0.152% | $679K | $2.6M | 20x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 93.832 | +0.024% | $480K | $2.5M | 20x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 93.880 | +0.075% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 93.839 | +0.031% | $2.0M | $2.0M | 10x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 94.151 | +0.364% | $205K | $2K | 10x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 93.864 | +0.057% | — | $243K | 5x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 93.795 | −0.015% | $18.8M | $44.5M | 50x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0144% | 1h | 93.870 | +0.064% | $4.9M | $5.5M | 50x | as long as short |
| BloFin HYPE-USDT | +0.0192% | 4h | 93.962 | +0.162% | $17.0M | $12.2M | 75x | as long as short |
| Injective HYPE/USDC PERP | +0.0205% | 1h | 94.490 | +0.725% | $31K | $338K | 12x | as long as short |
| RISEx HYPE/USDC | +0.0222% | 1h | 93.859 | +0.053% | $2.7M | $6.8M | 20x | as long as short |
| Kalshi KXHYPEPERP | +0.0227% | 8h | 93.905 | +0.102% | $1.9M | $5.1M | 2.3x | as long as short |
| Reya HYPERUSDPERP | +0.0252% | 1h | 93.803 | −0.008% | $79K | $142K | 15x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0333% / S −0.0155% | 1h | 93.855 | +0.048% | $1.4M | — | 100x | as long as short |
| HTX HYPE-USDT | +0.0385% | 4h | 93.958 | +0.158% | $1.5M | $6.1M | 75x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0453% | 1h | 93.937 | +0.136% | $7.5M | $4.6M | 50x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0672% | 1h | 93.935 | +0.134% | $21.0M | $29.7M | 50x | as long as short |
Binance HYPEUSDT
Pacifica HYPE
Aftermath Perps HYPEUSD
Bullet HYPE-USD
01 Exchange HYPEUSD
Gate HYPE_USDT
Bybit HYPEUSDT
Phemex HYPEUSDT
gTrade (Gains Network) HYPE/USD
Aster HYPEUSDT
Derive HYPE-PERP
Phoenix HYPE
MEXC HYPE_USDT
edgeX HYPEUSDC
OKX HYPE-USDT-SWAP
Bluefin HYPE-PERP
Lighter HYPE
Lighter RH HYPE
Popdex HYPEUSDT
Paradex HYPE-USD-PERP
Katana Perps HYPE-USD
Hyperliquid HYPE
KuCoin HYPEUSDTM
Bitget HYPEUSDT
BingX HYPE-USDT
Backpack HYPE_USDC_PERP
Variational Omni HYPE
GRVT HYPE_USDT_Perp
ApeX Omni HYPEUSDT
StandX HYPE-USD
Polymarket Perps HYPE-USD
SunX HYPE-USDT
SoDEX HYPE-USD
Bulk HYPE-USD
Extended HYPE-USD
Coinbase International HYPE-PERP-INTX
BloFin HYPE-USDT
Injective HYPE/USDC PERP
RISEx HYPE/USDC
Kalshi KXHYPEPERP
GMX HYPE/USD [WBTC.b-USDC]
HTX HYPE-USDT
Deribit HYPE_USDC-PERPETUAL
Kraken Futures PF_HYPEUSD