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

HYPE

all HYPE markets
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Alert: funding
Measured
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Alert: spread
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Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.008%
Price spread now: Binance against Bitget−0.011%7-day average +0.020% · you buy dearer than you sell
Net, funding: paid 7d − costs−$17as in the Funding arb table
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$230.233% of the position
Long on BitgetShort on Binance
What this pair did over the last
the charts below follow
Funding, last 7 days+0.063%+$6 on $10k
Price spread, last 7 days+0.008%+$1 · spread now −0.011%, 7d avg +0.020%
Together, before fees+0.070%+$7 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.030% cheaper against Bitget than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.020%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget HYPEUSDT93.6060.0100pay 0.0050% / 4h2h 16m$227.4M$102.4M75x
ShortBinance HYPEUSDT93.5960.0100get 0.0050% / 4h2h 16m$386.2M$889.2M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Bitget. 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
$0
Price spread: −0.011% → +0.020%
−$3.03
Slippage, 4 orders
−$1.27
Fee Bitget: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$26.3
Costs to cover
0.233%
Break-even
never at this rate
Slippage from Bitget: live order book, 2 min ago; Binance: live order book, 12 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 2 min ago0.05 bp6.5 bp −$710.8 bp −$108doesn't fitdoesn't fit
Sell Binance live order book, 12 min ago0.05 bp5.1 bp −$57.1 bp −$7115.5 bp −$1,55034.5 bp −$17.2K

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
Hibachi HYPE/USDT-P−0.0984%1h93.593−0.014%$198K$233K7xas long as short
Aftermath Perps HYPEUSD−0.0283%1h93.650+0.047%$22K$22K10xas long as short
Ondo Perps HYPE-USD.P−0.0234%1h93.590−0.017%$703K$934K10xas long as short
Hotstuff HYPE-PERP−0.0080%1h93.603−0.003%$3K$33125xas long as short
01 Exchange HYPEUSD−0.0064%1h93.621+0.016%$90K$347K20xas long as short
Bullet HYPE-USD−0.0024%1h93.600−0.006%$112K$582K20xas long as short
Derive HYPE-PERP−0.0021%1h93.562−0.047%$16.4M$7.0M10xas long as short
dYdX HYPE-USD0.0000%1h93.645+0.041%$127K$32K5xas long as short
Perpl HYPE0.0000%43m93.597−0.010%$23K$337K10xas long as short
gTrade (Gains Network) HYPE/USDL +0.0002% / S −0.0001%1h93.649+0.046%$20K—150xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster HYPEUSDT+0.0021%4h93.598−0.008%$9.0M$35.8M300xas long as short
Gate HYPE_USDT+0.0032%4h93.591−0.016%$44.1M$57.2M75xas long as short
Bybit HYPEUSDT+0.0035%8h93.590−0.017%$326.0M$287.0M75xas long as short
Popdex HYPEUSDT+0.0056%1h93.601−0.005%$59K$1.2M50xas long as short
Orderly PERP_HYPE_USDC+0.0060%4h93.625+0.020%$176K$538K20xas long as short
Phoenix HYPE+0.0068%1h93.603−0.003%$216K$1.2M10xas long as short
Lighter HYPE+0.0096%1h93.655+0.052%$18.6M$59.7M20xas long as short
Lighter RH HYPE+0.0096%1h93.640+0.036%$3.1M$12.4M20xas long as short
Paradex HYPE-USD-PERP+0.0100%8h93.626+0.021%$340K$170K20xas long as short
Katana Perps HYPE-USD+0.0100%8h93.620+0.015%$37K$1.6M10xas long as short
Nado HYPE-PERP+0.0100%1h93.615+0.010%$5.9M$44.1M10xas long as short
Hyperliquid HYPE+0.0100%1h93.712+0.113%$2.04B$670.4M10xas long as short
Pacifica HYPE+0.0100%1h93.638+0.034%$10.0M$14.4M20xas long as short
Binance HYPEUSDTshort+0.0100%4h93.596−0.011%$386.2M$889.2M75x
OKX HYPE-USDT-SWAP+0.0100%8h93.585−0.022%$115.0M$315.9M50xas long as short
Arcus HYPE-USD+0.0100%1h93.581−0.027%$1.2M$4.0M10xas long as short
Bulk HYPE-USD+0.0100%1h93.690+0.089%$205K$12K10xas long as short
MEXC HYPE_USDT+0.0100%4h93.599−0.007%$93.8M$82.3M100xas long as short
KuCoin HYPEUSDTM+0.0100%4h93.611+0.005%$46.4M$18.7M75xas long as short
Bitget HYPEUSDTlong+0.0100%4h93.606long leg$227.4M$102.4M75x
BingX HYPE-USDT+0.0100%4h93.588−0.019%—$54.3M—as long as short
Backpack HYPE_USDC_PERP+0.0100%1h93.646+0.043%$7.9M$11.7M20xas long as short
Variational Omni HYPE+0.0100%8h93.660+0.058%$29.2M$50.1M—as long as short
GRVT HYPE_USDT_Perp+0.0100%4h93.579−0.029%$7.5M$45.3M10xas long as short
ApeX Omni HYPEUSDT+0.0100%1h93.678+0.077%$407K$1.0M50xas long as short
StandX HYPE-USD+0.0100%1h93.594−0.013%$677K$2.5M20xas long as short
Vest HYPE-PERP+0.0100%1h93.638+0.034%—$454K5xas long as short
Polymarket Perps HYPE-USD+0.0100%1h93.646+0.043%$494K$2.6M20xas long as short
Bluefin HYPE-PERP+0.0100%1h93.608+0.002%$76K$168K20xas long as short
SunX HYPE-USDT+0.0100%4h93.690+0.090%$32K$1.6M20xas long as short
SoDEX HYPE-USD+0.0100%1h93.603−0.003%$2.0M$2.0M10xas long as short
Phemex HYPEUSDT+0.0100%8h93.657+0.054%$12.8M$2.6M50xas long as short
Extended HYPE-USD+0.0104%1h93.576−0.033%$18.3M$41.2M50xas long as short
Aevo HYPE-PERP+0.0104%1h93.614+0.009%$398K$318K20xas long as short
edgeX HYPEUSDC+0.0107%4h93.571−0.038%$5.1M$29.7M30xas long as short
Kalshi KXHYPEPERP+0.0122%8h93.675+0.074%$1.9M$5.3M2.3xas long as short
Deribit HYPE_USDC-PERPETUAL+0.0177%1h93.717+0.119%$7.4M$4.6M50xas long as short
Coinbase International HYPE-PERP-INTX+0.0208%1h93.680+0.079%$4.9M$5.7M50xas long as short
Reya HYPERUSDPERP+0.0246%1h93.614+0.009%$78K$158K15xas long as short
Injective HYPE/USDC PERP+0.0285%1h93.910+0.325%$31K$291K12xas long as short
HTX HYPE-USDT+0.0300%4h93.800+0.207%$1.5M$7.6M75xas long as short
BloFin HYPE-USDT+0.0340%4h93.599−0.007%$17.0M$12.4M75xas long as short
GMX HYPE/USD [WBTC.b-USDC]L +0.0346% / S −0.0171%1h93.654+0.052%$1.5M—100xas long as short
RISEx HYPE/USDC+0.0467%1h93.674+0.072%$2.8M$6.8M20xas long as short
Kraken Futures PF_HYPEUSD+0.0572%1h93.724+0.126%$19.2M$26.0M50xas long as short