Funding you earn now, next payment 06:00 UTC+0.0168%/8h= +18.4% APRpaid last 24h +0.051%
Price spread now: Reya against BingX−0.048%7-day average +0.001% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.066%+$7 on $10k
+Price spread, last 4 days (all we have)+0.259%+$26 · spread now −0.048%, 7d avg +0.001%
=Together, before fees+0.325%+ Points / potential airdropReya: Active · farm board+$32 on $10k · with fees, hour by hour
Funding pays, the price is against you. Reya is 0.049% cheaper against BingX than usual: you would sell low and buy high (spread −0.048% now, against its 7-day average of +0.001%). If the spread goes back, that is −$5 on $10k: about 23 hours of funding at the current rate (+$5 a day). At the pace of the last 3 days (+0.066% in total) that is about 2.5 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX HYPE-USDT | 93.273 | 0.0100 | pay 0.0050% / 4h | 2h 37m | — | $53.9M | — |
| Short | Reya HYPERUSDPERP | 93.228 | 0.0268 | get 0.0034% / 1h | 37m 39s | $80K | $131K | 15x |
BingX HYPE-USDT
Reya HYPERUSDPERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Reya 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
- $35.35
- Price spread: −0.048% → +0.001%
- −$4.87
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- $14.47
- Costs to cover
- 0.160%
- Break-even
- 4.1 days
Slippage unknown: BingX: live order book, 11 min ago; Reya: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy BingX live order book, 11 min ago | 0.16 bp | 5.7 bp −$6 | 8.4 bp −$84 | 12.5 bp −$1,249 | 15.9 bp −$7,960 |
| Sell Reya no order-book sample | — | — | — | — | — |
Reya: 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hibachi HYPE/USDT-P | −0.1696% | 1h | 93.094 | −0.192% | $196K | $234K | 7x | as long as short |
| Aftermath Perps HYPEUSD | −0.0364% | 1h | 93.280 | +0.007% | $22K | $21K | 10x | as long as short |
| Bullet HYPE-USD | −0.0085% | 1h | 93.184 | −0.095% | $111K | $578K | 20x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 93.110 | −0.175% | $3K | $331 | 25x | as long as short |
| 01 Exchange HYPEUSD | −0.0024% | 1h | 93.237 | −0.039% | $87K | $366K | 20x | as long as short |
| Orderly PERP_HYPE_USDC | −0.0023% | 4h | 93.176 | −0.104% | $146K | $663K | 20x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 93.297 | +0.026% | $128K | $29K | 5x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 93.186 | −0.094% | $22K | $290K | 10x | as long as short |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0002% | 1h | 93.222 | −0.055% | $62K | — | 150x | as long as short |
| Ondo Perps HYPE-USD.P | +0.0006% | 1h | 93.170 | −0.110% | $701K | $1.2M | 10x | as long as short |
Hibachi HYPE/USDT-P
Aftermath Perps HYPEUSD
Bullet HYPE-USD
Hotstuff HYPE-PERP
01 Exchange HYPEUSD
Orderly PERP_HYPE_USDC
dYdX HYPE-USD
Perpl HYPE
gTrade (Gains Network) HYPE/USD
Ondo Perps HYPE-USD.PShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus HYPE-USD | +0.0011% | 1h | 93.179 | −0.101% | $1.0M | $3.9M | 10x | as long as short |
| Bitget HYPEUSDT | +0.0014% | 4h | 93.286 | +0.014% | $225.6M | $99.0M | 75x | as long as short |
| Bybit HYPEUSDT | +0.0020% | 8h | 93.329 | +0.060% | $317.1M | $283.7M | 75x | as long as short |
| Phoenix HYPE | +0.0026% | 1h | 93.305 | +0.034% | $209K | $1.2M | 10x | as long as short |
| Phemex HYPEUSDT | +0.0041% | 8h | 93.220 | −0.057% | $12.6M | $2.7M | 50x | as long as short |
| edgeX HYPEUSDC | +0.0084% | 4h | 93.341 | +0.073% | $5.0M | $29.9M | 30x | as long as short |
| Paradex HYPE-USD-PERP | +0.0095% | 8h | 93.386 | +0.121% | $340K | $162K | 20x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 93.332 | +0.063% | $16.1M | $63.1M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 93.319 | +0.049% | $3.1M | $11.4M | 20x | as long as short |
| Popdex HYPEUSDT | +0.0096% | 1h | 93.204 | −0.074% | $76K | $1.1M | 50x | as long as short |
| Katana Perps HYPE-USD | +0.0099% | 8h | 93.210 | −0.068% | $28K | $1.7M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 93.201 | −0.078% | $8.0M | $48.5M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 93.321 | +0.051% | $2.03B | $668.0M | 10x | as long as short |
| Aster HYPEUSDT | +0.0100% | 4h | 93.314 | +0.044% | $8.7M | $36.5M | 300x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 93.347 | +0.080% | $10.1M | $15.4M | 20x | as long as short |
| Binance HYPEUSDT | +0.0100% | 4h | 93.321 | +0.052% | $373.9M | $913.6M | 75x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0100% | 8h | 93.340 | +0.072% | $114.4M | $309.4M | 50x | as long as short |
| Gate HYPE_USDT | +0.0100% | 4h | 93.261 | −0.013% | $46.5M | $54.2M | 75x | as long as short |
| MEXC HYPE_USDT | +0.0100% | 4h | 93.372 | +0.106% | $90.0M | $80.8M | 100x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 93.330 | +0.061% | $46.1M | $18.9M | 75x | as long as short |
| BingX HYPE-USDTlong | +0.0100% | 4h | 93.273 | long leg | — | $53.9M | — | |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 93.254 | −0.020% | $7.3M | $10.6M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 93.140 | −0.143% | $28.5M | $56.6M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 93.223 | −0.053% | $7.5M | $47.1M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 93.222 | −0.055% | $342K | $1.0M | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 93.169 | −0.112% | $667K | $2.9M | 20x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 93.265 | −0.009% | — | $243K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 93.239 | −0.036% | $483K | $2.7M | 20x | as long as short |
| Bluefin HYPE-PERP | +0.0100% | 1h | 93.221 | −0.056% | $79K | $166K | 20x | as long as short |
| Derive HYPE-PERP | +0.0100% | 1h | 93.179 | −0.101% | $16.1M | $7.5M | 10x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 93.188 | −0.091% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 93.222 | −0.055% | $2.0M | $1.9M | 10x | as long as short |
| HTX HYPE-USDT | +0.0100% | 4h | 93.350 | +0.083% | $1.4M | $6.4M | 75x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 93.344 | +0.076% | $215K | $15K | 10x | as long as short |
| Kalshi KXHYPEPERP | +0.0103% | 8h | 93.252 | −0.023% | $1.8M | $5.7M | 2.3x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 93.233 | −0.043% | $18.1M | $43.2M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0104% | 1h | 93.219 | −0.058% | $394K | $161K | 20x | as long as short |
| Injective HYPE/USDC PERP | +0.0122% | 1h | 93.220 | −0.057% | $30K | $339K | 12x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0144% | 1h | 93.270 | −0.003% | $4.8M | $5.6M | 50x | as long as short |
| Reya HYPERUSDPERPshort | +0.0268% | 1h | 93.228 | −0.048% | $80K | $131K | 15x | |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0332% / S −0.0154% | 1h | 93.229 | −0.048% | $1.4M | — | 100x | as long as short |
| BloFin HYPE-USDT | +0.0340% | 4h | 93.179 | −0.101% | $16.8M | $11.9M | 75x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0341% | 1h | 93.289 | +0.018% | $20.8M | $29.6M | 50x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0479% | 1h | 93.314 | +0.044% | $7.5M | $4.0M | 50x | as long as short |
| RISEx HYPE/USDC | +0.0527% | 1h | 93.273 | 0.000% | $3.2M | $6.2M | 20x | as long as short |
Arcus HYPE-USD
Bitget HYPEUSDT
Bybit HYPEUSDT
Phoenix HYPE
Phemex HYPEUSDT
edgeX HYPEUSDC
Paradex HYPE-USD-PERP
Lighter HYPE
Lighter RH HYPE
Popdex HYPEUSDT
Katana Perps HYPE-USD
Nado HYPE-PERP
Hyperliquid HYPE
Aster HYPEUSDT
Pacifica HYPE
Binance HYPEUSDT
OKX HYPE-USDT-SWAP
Gate HYPE_USDT
MEXC HYPE_USDT
KuCoin HYPEUSDTM
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
Derive HYPE-PERP
SunX HYPE-USDT
SoDEX HYPE-USD
HTX HYPE-USDT
Bulk HYPE-USD
Kalshi KXHYPEPERP
Extended HYPE-USD
Aevo HYPE-PERP
Injective HYPE/USDC PERP
Coinbase International HYPE-PERP-INTX
GMX HYPE/USD [WBTC.b-USDC]
BloFin HYPE-USDT
Kraken Futures PF_HYPEUSD
Deribit HYPE_USDC-PERPETUAL
RISEx HYPE/USDC