Funding you earn now, next payment 00:00 UTC+0.0013%/8h= +1.4% APRnext payment +$0.07 per $10,000 · paid last 24h +0.012%
Price spread now: edgeX against BingX−0.085%85s7-day average −0.025% · you buy dearer than you sell
Net, funding: paid 7d − costs−$12as 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−$210.206% of the position
Funding, last 7 days+0.086%+$9 on $10k
+Price spread, last 7 days+0.087%+$9 · spread now −0.085%, 7d avg −0.025%
=Together, before fees+0.173%+ Points / potential airdropedgeX: Active · farm board+$17 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.059% cheaper against BingX than usual: you would sell low and buy high (spread −0.085% now, against its 7-day average of −0.025%). If the spread goes back, that is −$6 on $10k: about 15 days of funding at the current rate ($0 a day). At the pace of the last 7 days (+0.086% in total) that is about 4.8 days. The two prices were read 85 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 | BingX HYPE-USDT | 93.355 | 0.0100 | pay 0.0050% / 4h | 2h 50m | — | $54.4M | — |
| Short | edgeX HYPEUSDC | 93.276 | 0.0113 | get 0.0057% / 4h | 2h 50m | $5.1M | $29.5M | 30x |
BingX HYPE-USDT
edgeX HYPEUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- $2.75
- Price spread: −0.085% → −0.025%
- −$5.91
- Slippage, 4 orders
- −$1.61
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$23.77
- Costs to cover
- 0.206%
- Break-even
- 67.6 days
Slippage from BingX: live order book, 4 min ago; edgeX: 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 BingX live order book, 4 min ago | 0.11 bp | 5.6 bp −$6 | 8.4 bp −$84 | 11.1 bp −$1,110 | 15.2 bp −$7,609 |
| Sell edgeX live order book, 4 min ago | 0.32 bp | 4.8 bp −$5 | 5.0 bp −$50 | 91.9 bp −$9,189 | 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 | −0.1280% | 1h | 93.248 | −0.114% | $197K | $233K | 7x | as long as short |
| Ondo Perps HYPE-USD.P | −0.0188% | 1h | 93.210 | −0.155% | $700K | $949K | 10x | as long as short |
| Aftermath Perps HYPEUSD | −0.0136% | 1h | 93.337 | −0.019% | $22K | $22K | 10x | as long as short |
| 01 Exchange HYPEUSD | −0.0088% | 1h | 93.395 | +0.043% | $89K | $344K | 20x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 93.301 | −0.058% | $3K | $331 | 25x | as long as short |
| Bullet HYPE-USD | −0.0034% | 1h | 93.332 | −0.025% | $113K | $583K | 20x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 93.407 | +0.056% | $127K | $33K | 5x | as long as short |
| Kalshi KXHYPEPERP | 0.0000% | 8h | 93.446 | +0.097% | $1.9M | $5.4M | 2.3x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 93.373 | +0.019% | $23K | $343K | 10x | as long as short |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0001% | 1h | 93.398 | +0.046% | $20K | — | 150x | as long as short |
Hibachi HYPE/USDT-P
Ondo Perps HYPE-USD.P
Aftermath Perps HYPEUSD
01 Exchange HYPEUSD
Hotstuff HYPE-PERP
Bullet HYPE-USD
dYdX HYPE-USD
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 HYPEUSDT | +0.0006% | 4h | 93.348 | −0.008% | $8.9M | $36.3M | 300x | as long as short |
| Gate HYPE_USDT | +0.0008% | 4h | 93.352 | −0.003% | $44.1M | $56.2M | 75x | as long as short |
| Derive HYPE-PERP | +0.0017% | 1h | 93.309 | −0.049% | $16.4M | $7.1M | 10x | as long as short |
| Bybit HYPEUSDT | +0.0041% | 8h | 93.343 | −0.013% | $325.4M | $288.3M | 75x | as long as short |
| Phoenix HYPE | +0.0068% | 1h | 93.368 | +0.014% | $215K | $1.2M | 10x | as long as short |
| Orderly PERP_HYPE_USDC | +0.0076% | 4h | 93.370 | +0.016% | $180K | $536K | 20x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 93.405 | +0.054% | $18.5M | $59.2M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 93.375 | +0.021% | $3.1M | $12.3M | 20x | as long as short |
| Popdex HYPEUSDT | +0.0096% | 1h | 93.388 | +0.035% | $56K | $1.2M | 50x | as long as short |
| Katana Perps HYPE-USD | +0.0100% | 8h | 93.370 | +0.016% | $40K | $1.7M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 93.394 | +0.041% | $6.0M | $44.4M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 93.407 | +0.056% | $2.03B | $668.5M | 10x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 93.379 | +0.026% | $10.0M | $14.5M | 20x | as long as short |
| Binance HYPEUSDT | +0.0100% | 4h | 93.370 | +0.016% | $386.1M | $890.2M | 75x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0100% | 8h | 93.354 | −0.001% | $114.7M | $316.3M | 50x | as long as short |
| Arcus HYPE-USD | +0.0100% | 1h | 93.329 | −0.028% | $1.2M | $4.0M | 10x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 93.335 | −0.021% | $204K | $12K | 10x | as long as short |
| MEXC HYPE_USDT | +0.0100% | 4h | 93.356 | +0.001% | $92.4M | $81.6M | 100x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 93.358 | +0.003% | $46.3M | $19.4M | 75x | as long as short |
| Bitget HYPEUSDT | +0.0100% | 4h | 93.363 | +0.009% | $226.8M | $102.0M | 75x | as long as short |
| BingX HYPE-USDTlong | +0.0100% | 4h | 93.355 | long leg | — | $54.4M | — | |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 93.368 | +0.014% | $7.9M | $11.7M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 93.295 | −0.064% | $28.8M | $49.8M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 93.383 | +0.030% | $7.5M | $46.8M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 93.287 | −0.073% | $405K | $1.1M | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 93.344 | −0.012% | $675K | $2.4M | 20x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 93.401 | +0.049% | — | $454K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 93.392 | +0.040% | $493K | $2.6M | 20x | as long as short |
| Bluefin HYPE-PERP | +0.0100% | 1h | 93.366 | +0.012% | $76K | $169K | 20x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 93.389 | +0.036% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 93.342 | −0.014% | $2.0M | $2.0M | 10x | as long as short |
| Phemex HYPEUSDT | +0.0100% | 8h | 93.346 | −0.010% | $12.7M | $2.6M | 50x | as long as short |
| Paradex HYPE-USD-PERP | +0.0100% | 8h | 93.377 | +0.024% | $339K | $171K | 20x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 93.343 | −0.012% | $18.4M | $41.0M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0104% | 1h | 93.361 | +0.007% | $397K | $318K | 20x | as long as short |
| edgeX HYPEUSDCshort | +0.0113% | 4h | 93.276 | −0.085% | $5.1M | $29.5M | 30x | |
| Coinbase International HYPE-PERP-INTX | +0.0208% | 1h | 93.420 | +0.070% | $4.9M | $5.7M | 50x | as long as short |
| Reya HYPERUSDPERP | +0.0245% | 1h | 93.358 | +0.004% | $77K | $157K | 15x | as long as short |
| Injective HYPE/USDC PERP | +0.0285% | 1h | 93.230 | −0.134% | $30K | $231K | 12x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0285% | 1h | 93.449 | +0.101% | $7.4M | $4.6M | 50x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0339% / S −0.0165% | 1h | 93.390 | +0.037% | $1.4M | — | 100x | as long as short |
| BloFin HYPE-USDT | +0.0340% | 4h | 93.295 | −0.064% | $17.1M | $12.5M | 75x | as long as short |
| HTX HYPE-USDT | +0.0403% | 4h | 93.550 | +0.209% | $1.5M | $7.6M | 75x | as long as short |
| RISEx HYPE/USDC | +0.0467% | 1h | 93.424 | +0.074% | $2.7M | $6.8M | 20x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0574% | 1h | 93.446 | +0.098% | $19.2M | $25.8M | 50x | as long as short |
Aster HYPEUSDT
Gate HYPE_USDT
Derive HYPE-PERP
Bybit HYPEUSDT
Phoenix HYPE
Orderly PERP_HYPE_USDC
Lighter HYPE
Lighter RH HYPE
Popdex HYPEUSDT
Katana Perps HYPE-USD
Nado HYPE-PERP
Hyperliquid HYPE
Pacifica HYPE
Binance HYPEUSDT
OKX HYPE-USDT-SWAP
Arcus HYPE-USD
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
Vest HYPE-PERP
Polymarket Perps HYPE-USD
Bluefin HYPE-PERP
SunX HYPE-USDT
SoDEX HYPE-USD
Phemex HYPEUSDT
Paradex HYPE-USD-PERP
Extended HYPE-USD
Aevo HYPE-PERP
Coinbase International HYPE-PERP-INTX
Reya HYPERUSDPERP
Injective HYPE/USDC PERP
Deribit HYPE_USDC-PERPETUAL
GMX HYPE/USD [WBTC.b-USDC]
BloFin HYPE-USDT
HTX HYPE-USDT
RISEx HYPE/USDC
Kraken Futures PF_HYPEUSD