Funding you earn now, next payment 00:00 UTC−0.0095%/8h= −10.4% APRnext payment −$0.48 per $10,000 · paid last 24h +0.002%
Price spread now: Aster against BingX−0.039%7-day average −0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs−$16as in the Funding arb table
Net, price: spread back to 7d avg − costs−$24as in the Price arb table
costs, in and out, $10k−$200.198% of the position
Funding, last 7 days+0.042%+$4 on $10k
+Price spread, last 7 days+0.049%+$5 · spread now −0.039%, 7d avg −0.001%
=Together, before fees+0.092%+ Points / potential airdropAster: Stage 5 · farm board+$9 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Aster is 0.038% cheaper against BingX than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.001%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX HYPE-USDT | 93.141 | 0.0100 | pay 0.0050% / 4h | 1h 56m | — | $54.1M | — |
| Short | Aster HYPEUSDT | 93.105 | 0.0005 | get 0.0002% / 4h | 1h 56m | $8.9M | $35.8M | 300x |
BingX HYPE-USDT
Aster HYPEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against BingX. 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
- −$19.99
- Price spread: −0.039% → −0.001%
- −$3.8
- Slippage, 4 orders
- −$1.77
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$43.55
- Costs to cover
- 0.198%
- Break-even
- never at this rate
Slippage from BingX: live order book, 13 min ago; Aster: live order book, 3 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 BingX live order book, 13 min ago | 0.11 bp | 5.6 bp −$6 | 6.4 bp −$64 | 10.5 bp −$1,054 | 14.3 bp −$7,149 |
| Sell Aster live order book, 3 min ago | 0.54 bp | 4.6 bp −$5 | 5.5 bp −$55 | 12.5 bp −$1,254 | 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 | −0.0273% | 1h | 93.211 | +0.075% | $22K | $22K | 10x | as long as short |
| Arcus HYPE-USD | −0.0131% | 1h | 93.094 | −0.050% | $1.2M | $4.1M | 10x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 93.132 | −0.010% | $3K | $331 | 25x | as long as short |
| Derive HYPE-PERP | −0.0033% | 1h | 93.053 | −0.095% | $16.3M | $7.1M | 10x | as long as short |
| Hibachi HYPE/USDT-P | −0.0008% | 1h | 93.058 | −0.089% | $197K | $231K | 7x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 93.124 | −0.018% | $127K | $32K | 5x | as long as short |
| 01 Exchange HYPEUSD | 0.0000% | 1h | 93.159 | +0.019% | $90K | $362K | 20x | as long as short |
| Kalshi KXHYPEPERP | 0.0000% | 8h | 93.243 | +0.110% | $1.9M | $5.3M | 2.3x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 93.129 | −0.013% | $23K | $334K | 10x | as long as short |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0001% | 1h | 93.150 | +0.010% | $20K | — | 150x | as long as short |
Aftermath Perps HYPEUSD
Arcus HYPE-USD
Hotstuff HYPE-PERP
Derive HYPE-PERP
Hibachi HYPE/USDT-P
dYdX HYPE-USD
01 Exchange HYPEUSD
Kalshi KXHYPEPERP
Perpl HYPE
gTrade (Gains Network) HYPE/USDShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster HYPEUSDTshort | +0.0005% | 4h | 93.105 | −0.039% | $8.9M | $35.8M | 300x | |
| Bybit HYPEUSDT | +0.0029% | 8h | 93.120 | −0.023% | $324.2M | $286.6M | 75x | as long as short |
| Gate HYPE_USDT | +0.0040% | 4h | 93.117 | −0.026% | $44.1M | $56.7M | 75x | as long as short |
| Orderly PERP_HYPE_USDC | +0.0047% | 4h | 93.130 | −0.012% | $165K | $515K | 20x | as long as short |
| Popdex HYPEUSDT | +0.0048% | 1h | 93.124 | −0.018% | $56K | $1.2M | 50x | as long as short |
| Phoenix HYPE | +0.0068% | 1h | 93.222 | +0.087% | $215K | $1.2M | 10x | as long as short |
| Vest HYPE-PERP | +0.0092% | 1h | 93.149 | +0.009% | — | $454K | 5x | as long as short |
| Ondo Perps HYPE-USD.P | +0.0093% | 1h | 93.030 | −0.119% | $699K | $931K | 10x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 93.160 | +0.021% | $18.6M | $58.2M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 93.139 | −0.002% | $3.0M | $12.0M | 20x | as long as short |
| Paradex HYPE-USD-PERP | +0.0099% | 8h | 93.132 | −0.009% | $338K | $170K | 20x | as long as short |
| Katana Perps HYPE-USD | +0.0100% | 8h | 93.170 | +0.031% | $40K | $1.6M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 93.112 | −0.031% | $5.9M | $44.1M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 93.163 | +0.024% | $2.03B | $674.2M | 10x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 93.141 | 0.000% | $10.0M | $14.4M | 20x | as long as short |
| Binance HYPEUSDT | +0.0100% | 4h | 93.123 | −0.019% | $383.9M | $890.8M | 75x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0100% | 8h | 93.135 | −0.006% | $114.4M | $314.6M | 50x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 93.271 | +0.140% | $204K | $12K | 10x | as long as short |
| MEXC HYPE_USDT | +0.0100% | 4h | 93.141 | 0.000% | $91.3M | $81.2M | 100x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 93.123 | −0.019% | $47.0M | $19.0M | 75x | as long as short |
| Bitget HYPEUSDT | +0.0100% | 4h | 93.153 | +0.013% | $226.0M | $102.8M | 75x | as long as short |
| BingX HYPE-USDTlong | +0.0100% | 4h | 93.141 | long leg | — | $54.1M | — | |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 93.162 | +0.023% | $7.8M | $11.7M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 93.252 | +0.119% | $29.1M | $50.3M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 93.313 | +0.184% | $7.5M | $44.8M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 93.276 | +0.145% | $405K | $1.0M | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 93.082 | −0.063% | $673K | $2.5M | 20x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 93.155 | +0.015% | $492K | $2.6M | 20x | as long as short |
| Bullet HYPE-USD | +0.0100% | 1h | 93.103 | −0.041% | $112K | $580K | 20x | as long as short |
| Bluefin HYPE-PERP | +0.0100% | 1h | 93.105 | −0.039% | $76K | $168K | 20x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 93.151 | +0.011% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 93.109 | −0.034% | $2.0M | $2.0M | 10x | as long as short |
| Phemex HYPEUSDT | +0.0100% | 8h | 93.129 | −0.013% | $12.7M | $2.6M | 50x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 93.094 | −0.050% | $18.3M | $41.8M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0104% | 1h | 93.120 | −0.022% | $396K | $318K | 20x | as long as short |
| edgeX HYPEUSDC | +0.0112% | 4h | 93.244 | +0.111% | $5.1M | $29.3M | 30x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0176% | 1h | 93.200 | +0.063% | $4.9M | $5.7M | 50x | as long as short |
| Injective HYPE/USDC PERP | +0.0239% | 1h | 93.070 | −0.076% | $30K | $338K | 12x | as long as short |
| Reya HYPERUSDPERP | +0.0246% | 1h | 93.115 | −0.028% | $78K | $158K | 15x | as long as short |
| RISEx HYPE/USDC | +0.0280% | 1h | 93.201 | +0.064% | $2.8M | $6.8M | 20x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0287% | 1h | 93.216 | +0.081% | $7.4M | $4.6M | 50x | as long as short |
| HTX HYPE-USDT | +0.0301% | 4h | 93.344 | +0.218% | $1.5M | $7.6M | 75x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0338% / S −0.0165% | 1h | 93.130 | −0.012% | $1.4M | — | 100x | as long as short |
| BloFin HYPE-USDT | +0.0340% | 4h | 93.053 | −0.094% | $17.0M | $12.4M | 75x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0466% | 1h | 93.250 | +0.117% | $20.8M | $28.3M | 50x | as long as short |
Bybit HYPEUSDT
Gate HYPE_USDT
Orderly PERP_HYPE_USDC
Popdex HYPEUSDT
Phoenix HYPE
Vest HYPE-PERP
Ondo Perps HYPE-USD.P
Lighter HYPE
Lighter RH HYPE
Paradex HYPE-USD-PERP
Katana Perps HYPE-USD
Nado HYPE-PERP
Hyperliquid HYPE
Pacifica HYPE
Binance HYPEUSDT
OKX HYPE-USDT-SWAP
Bulk HYPE-USD
MEXC HYPE_USDT
KuCoin HYPEUSDTM
Bitget HYPEUSDT
Backpack HYPE_USDC_PERP
Variational Omni HYPE
GRVT HYPE_USDT_Perp
ApeX Omni HYPEUSDT
StandX HYPE-USD
Polymarket Perps HYPE-USD
Bullet HYPE-USD
Bluefin HYPE-PERP
SunX HYPE-USDT
SoDEX HYPE-USD
Phemex HYPEUSDT
Extended HYPE-USD
Aevo HYPE-PERP
edgeX HYPEUSDC
Coinbase International HYPE-PERP-INTX
Injective HYPE/USDC PERP
Reya HYPERUSDPERP
RISEx HYPE/USDC
Deribit HYPE_USDC-PERPETUAL
HTX HYPE-USDT
GMX HYPE/USD [WBTC.b-USDC]
BloFin HYPE-USDT
Kraken Futures PF_HYPEUSD