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 08:00 UTC+0.0042%/8h= +4.6% APRnext payment +$0.21 per $10,000 · paid last 24h +0.003%
Price spread now: edgeX against Bitget+0.052%7-day average −0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs−$20as in the Funding arb table
Net, price: spread back to 7d avg − costs−$20as in the Price arb table
costs, in and out, $10k−$270.272% of the position
Long on BitgetShort on edgeX
What this pair did over the last
the charts below follow
Funding, last 7 days+0.073%+$7 on $10k
Price spread, last 7 days−0.086%−$9 · spread now +0.052%, 7d avg −0.021%
Together, before fees−0.013%+ Points / potential airdropedgeX: Active · farm board−$1 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and edgeX is 0.074% dearer against Bitget than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.021%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget HYPEUSDT93.5270.0040pay 0.0020% / 4h1h 43m$225.4M$99.7M75x
ShortedgeX HYPEUSDC93.5760.0082get 0.0041% / 4h1h 43m$5.0M$30.6M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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
$8.88
Price spread: +0.052% → −0.021%
$7.37
Slippage, 4 orders
−$6.22
Fee Bitget: 6 bp × 2 orders
−$12
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$10.97
Costs to cover
0.272%
Break-even
15.6 days
Slippage from Bitget: live order book, 1 min ago; edgeX: live order book, 6 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, 1 min ago0.05 bp9.0 bp −$914.0 bp −$140doesn't fitdoesn't fit
Sell edgeX live order book, 6 min ago0.32 bp4.8 bp −$55.0 bp −$5090.3 bp −$9,031doesn't fit

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−0.1080%1h93.575+0.051%$198K$241K7xas long as short
Aftermath Perps HYPEUSD−0.0222%1h93.705+0.191%$22K$21K10xas long as short
Ondo Perps HYPE-USD.P−0.0138%1h93.500−0.029%$705K$1.2M10xas long as short
Hotstuff HYPE-PERP−0.0080%1h93.561+0.036%$3K$33125xas long as short
01 Exchange HYPEUSD−0.0064%1h93.599+0.077%$87K$369K20xas long as short
Bullet HYPE-USD−0.0064%1h93.577+0.054%$111K$580K20xas long as short
Bluefin HYPE-PERP−0.0030%1h93.542+0.016%$79K$155K20xas long as short
Orderly PERP_HYPE_USDC−0.0022%4h93.534+0.007%$145K$685K20xas long as short
dYdX HYPE-USD0.0000%1h93.515−0.013%$128K$28K5xas long as short
Kalshi KXHYPEPERP0.0000%8h93.632+0.112%$1.8M$5.6M2.3xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Perpl HYPE0.0000%43m93.612+0.091%$20K$290K10xas long as short
gTrade (Gains Network) HYPE/USDL +0.0002% / S −0.0001%1h93.610+0.089%$83K—150xas long as short
Bybit HYPEUSDT+0.0005%8h93.478−0.052%$315.7M$288.6M75xas long as short
BingX HYPE-USDT+0.0006%4h93.571+0.047%—$53.7M—as long as short
Phoenix HYPE+0.0017%1h93.654+0.136%$209K$1.1M10xas long as short
Derive HYPE-PERP+0.0023%1h93.501−0.027%$16.3M$7.4M10xas long as short
Bitget HYPEUSDTlong+0.0040%4h93.527long leg$225.4M$99.7M75x
Paradex HYPE-USD-PERP+0.0077%8h93.545+0.019%$334K$161K20xas long as short
Phemex HYPEUSDT+0.0082%8h93.540+0.014%$12.8M$2.8M50xas long as short
edgeX HYPEUSDCshort+0.0082%4h93.576+0.052%$5.0M$30.6M30x
Arcus HYPE-USD+0.0084%1h93.560+0.035%$1.0M$4.0M10xas long as short
Popdex HYPEUSDT+0.0088%1h93.574+0.050%$78K$1.2M50xas long as short
Lighter HYPE+0.0096%1h93.532+0.006%$16.2M$63.8M20xas long as short
Lighter RH HYPE+0.0096%1h93.524−0.003%$3.1M$11.1M20xas long as short
Katana Perps HYPE-USD+0.0100%8h93.570+0.046%$22K$1.7M10xas long as short
Nado HYPE-PERP+0.0100%1h93.645+0.127%$7.4M$50.9M10xas long as short
Hyperliquid HYPE+0.0100%1h93.666+0.148%$2.05B$683.0M10xas long as short
Aster HYPEUSDT+0.0100%4h93.519−0.009%$8.8M$37.3M300xas long as short
Pacifica HYPE+0.0100%1h93.583+0.060%$10.1M$15.4M20xas long as short
Binance HYPEUSDT+0.0100%4h93.508−0.020%$374.8M$931.1M75xas long as short
OKX HYPE-USDT-SWAP+0.0100%8h93.492−0.037%$115.5M$315.7M50xas long as short
Gate HYPE_USDT+0.0100%4h93.567+0.043%$48.3M$55.1M75xas long as short
MEXC HYPE_USDT+0.0100%4h93.581+0.058%$89.9M$83.7M100xas long as short
KuCoin HYPEUSDTM+0.0100%4h93.573+0.049%$46.3M$18.8M75xas long as short
Backpack HYPE_USDC_PERP+0.0100%1h93.593+0.071%$7.2M$10.6M20xas long as short
Variational Omni HYPE+0.0100%8h93.579+0.055%$28.6M$56.1M—as long as short
GRVT HYPE_USDT_Perp+0.0100%4h93.664+0.146%$7.5M$48.2M10xas long as short
ApeX Omni HYPEUSDT+0.0100%1h93.589+0.066%$347K$1.0M50xas long as short
StandX HYPE-USD+0.0100%1h93.638+0.119%$678K$2.7M20xas long as short
Vest HYPE-PERP+0.0100%1h93.633+0.113%—$243K5xas long as short
Polymarket Perps HYPE-USD+0.0100%1h93.590+0.067%$470K$2.8M20xas long as short
SunX HYPE-USDT+0.0100%4h93.612+0.091%$32K$1.6M20xas long as short
SoDEX HYPE-USD+0.0100%1h93.517−0.011%$2.0M$1.9M10xas long as short
HTX HYPE-USDT+0.0100%4h93.650+0.132%$1.4M$6.7M75xas long as short
Bulk HYPE-USD+0.0100%1h93.731+0.218%$216K$15K10xas long as short
Extended HYPE-USD+0.0104%1h93.524−0.003%$18.2M$43.3M50xas long as short
Aevo HYPE-PERP+0.0104%1h93.524−0.003%$395K$159K20xas long as short
Coinbase International HYPE-PERP-INTX+0.0120%1h93.600+0.078%$4.7M$6.1M50xas long as short
Injective HYPE/USDC PERP+0.0205%1h93.450−0.082%$30K$339K12xas long as short
Reya HYPERUSDPERP+0.0271%1h93.557+0.032%$77K$130K15xas long as short
Deribit HYPE_USDC-PERPETUAL+0.0284%1h93.619+0.098%$7.4M$4.2M50xas long as short
GMX HYPE/USD [WBTC.b-USDC]L +0.0332% / S −0.0154%1h93.612+0.090%$1.4M—100xas long as short
BloFin HYPE-USDT+0.0340%4h93.516−0.012%$16.9M$12.2M75xas long as short
Kraken Futures PF_HYPEUSD+0.0415%1h93.603+0.081%$20.9M$29.6M50xas long as short
RISEx HYPE/USDC+0.0559%1h93.623+0.103%$3.2M$6.4M20xas long as short