Settings8H · net · $10k
Funding arb · Price arb /

HYPE

all HYPE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0134%/8h= −14.7% APRpaid last 24h −0.012%
Price spread now: Aftermath Perps against BingX−0.037%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Aftermath Perps is 0.037% cheaper against BingX than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX HYPE-USDT92.7880.0030pay 0.0015% / 4h53m 53s$53.2M
ShortAftermath Perps HYPEUSD92.753−0.0104pay 0.0013% / 1h53m 53s$22K$21K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aftermath Perps against BingX. 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
−$28.1
Price spread: −0.037% → 0.000%
−$3.74
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Net
−$50.85
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: BingX: live order book, 15 min ago; Aftermath Perps: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 15 min ago0.11 bp5.2 bp −$56.2 bp −$6211.1 bp −$1,11317.6 bp −$8,819
Sell Aftermath Perps no order-book sample
Aftermath Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Arcus HYPE-USD−0.0948%1h92.677−0.120%$1.2M$3.8M10xas long as short
Hibachi HYPE/USDT-P−0.0792%1h92.817+0.031%$195K$227K7xas long as short
01 Exchange HYPEUSD−0.0112%1h92.796+0.009%$86K$351K20xas long as short
Aftermath Perps HYPEUSDshort−0.0104%1h92.753−0.037%$22K$21K10x
Bullet HYPE-USD−0.0096%1h92.780−0.009%$111K$579K20xas long as short
Hotstuff HYPE-PERP−0.0080%1h92.804+0.017%$3K$33125xas long as short
Orderly PERP_HYPE_USDC−0.0063%4h92.759−0.031%$158K$663K20xas long as short
Ondo Perps HYPE-USD.P−0.0034%1h92.340−0.483%$699K$1.1M10xas long as short
dYdX HYPE-USD0.0000%1h92.870+0.088%$127K$31K5xas long as short
Perpl HYPE0.0000%43m92.776−0.013%$23K$309K10xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) HYPE/USDL +0.0002% / S −0.0002%1h92.828+0.043%$62K150xas long as short
Aster HYPEUSDT+0.0007%4h92.823+0.037%$8.7M$36.2M300xas long as short
Phemex HYPEUSDT+0.0009%8h92.782−0.006%$12.5M$2.7M50xas long as short
Derive HYPE-PERP+0.0010%1h92.732−0.061%$16.1M$7.5M10xas long as short
Phoenix HYPE+0.0026%1h92.584−0.220%$210K$1.2M10xas long as short
BingX HYPE-USDTlong+0.0030%4h92.788long leg$53.2M
Bybit HYPEUSDT+0.0039%8h92.790+0.002%$318.5M$279.0M75xas long as short
Gate HYPE_USDT+0.0050%4h92.793+0.005%$44.5M$54.4M75xas long as short
ApeX Omni HYPEUSDT+0.0068%1h92.356−0.466%$337K$1.0M50xas long as short
OKX HYPE-USDT-SWAP+0.0073%8h92.802+0.015%$113.4M$301.3M50xas long as short
MEXC HYPE_USDT+0.0086%4h92.794+0.006%$88.0M$80.1M100xas long as short
Binance HYPEUSDT+0.0086%4h92.794+0.007%$373.2M$892.2M75xas long as short
Paradex HYPE-USD-PERP+0.0093%8h92.813+0.027%$339K$162K20xas long as short
Lighter HYPE+0.0096%1h92.807+0.020%$16.1M$61.9M20xas long as short
Lighter RH HYPE+0.0096%1h92.812+0.026%$3.1M$11.6M20xas long as short
Popdex HYPEUSDT+0.0096%1h92.781−0.008%$68K$1.2M50xas long as short
Katana Perps HYPE-USD+0.0100%8h92.780−0.009%$14K$1.6M10xas long as short
edgeX HYPEUSDC+0.0100%4h92.417−0.400%$5.0M$29.1M30xas long as short
Nado HYPE-PERP+0.0100%1h92.783−0.005%$5.8M$43.1M10xas long as short
Hyperliquid HYPE+0.0100%1h92.856+0.073%$2.02B$656.8M10xas long as short
Pacifica HYPE+0.0100%1h92.823+0.038%$10.0M$14.9M20xas long as short
Bulk HYPE-USD+0.0100%1h92.800+0.013%$202K$13K10xas long as short
KuCoin HYPEUSDTM+0.0100%4h92.819+0.033%$46.0M$18.3M75xas long as short
Bitget HYPEUSDT+0.0100%4h92.797+0.010%$224.5M$97.5M75xas long as short
Backpack HYPE_USDC_PERP+0.0100%1h92.798+0.011%$7.4M$10.0M20xas long as short
Variational Omni HYPE+0.0100%8h92.820+0.034%$28.4M$57.0Mas long as short
GRVT HYPE_USDT_Perp+0.0100%4h92.596−0.207%$7.5M$45.7M10xas long as short
StandX HYPE-USD+0.0100%1h92.854+0.071%$666K$2.7M20xas long as short
Vest HYPE-PERP+0.0100%1h92.831+0.046%$243K5xas long as short
Polymarket Perps HYPE-USD+0.0100%1h92.830+0.045%$469K$2.6M20xas long as short
SunX HYPE-USDT+0.0100%4h92.818+0.032%$32K$1.6M20xas long as short
SoDEX HYPE-USD+0.0100%1h92.797+0.010%$2.0M$2.0M10xas long as short
HTX HYPE-USDT+0.0100%4h92.954+0.179%$1.4M$6.2M75xas long as short
Extended HYPE-USD+0.0104%1h92.774−0.015%$18.1M$43.3M50xas long as short
Aevo HYPE-PERP+0.0104%1h92.787−0.001%$392K$164K20xas long as short
Injective HYPE/USDC PERP+0.0150%1h92.730−0.063%$30K$339K12xas long as short
Coinbase International HYPE-PERP-INTX+0.0160%1h92.840+0.056%$4.7M$5.5M50xas long as short
Reya HYPERUSDPERP+0.0260%1h92.791+0.003%$79K$140K15xas long as short
Kalshi KXHYPEPERP+0.0263%8h92.855+0.072%$1.8M$5.4M2.3xas long as short
BloFin HYPE-USDT+0.0326%4h92.812+0.026%$16.9M$11.5M75xas long as short
GMX HYPE/USD [WBTC.b-USDC]L +0.0330% / S −0.0153%1h92.814+0.028%$1.4M100xas long as short
Kraken Futures PF_HYPEUSD+0.0331%1h92.863+0.081%$20.7M$30.3M50xas long as short
Deribit HYPE_USDC-PERPETUAL+0.0375%1h92.881+0.100%$7.5M$4.4M50xas long as short
RISEx HYPE/USDC+0.0687%1h92.870+0.089%$3.2M$6.4M20xas long as short
Bluefin HYPE-PERP+0.2724%1h92.759−0.031%$79K$169K20xas long as short