Funding you earn now, next payment 03:00 UTC−0.0180%/8h= −19.7% APRpaid last 24h −0.040%
Price spread now: Hotstuff against Bitget+0.015%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$5 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget HYPEUSDT | 93.368 | 0.0100 | pay 0.0050% / 4h | 1h 21m | $225.8M | $96.3M | 75x |
| Short | Hotstuff HYPE-PERP | 93.382 | −0.0080 | pay 0.0010% / 1h | 21m 01s | $3K | $331 | 25x |
Bitget HYPEUSDT
Hotstuff HYPE-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hotstuff against Bitget. 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
- −$37.8
- Price spread: +0.015% → 0.000%
- $1.5
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Hotstuff: 2.5 bp × 2 orders
- −$5
- Net
- −$53.3
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Bitget: live order book, 3 min ago; Hotstuff: 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 Bitget live order book, 3 min ago | 0.05 bp | 9.2 bp −$9 | 14.1 bp −$141 | doesn't fit | doesn't fit |
| Sell Hotstuff no order-book sample | — | — | — | — | — |
Hotstuff: 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 | −0.1128% | 1h | 93.400 | +0.034% | $197K | $227K | 7x | as long as short |
| Arcus HYPE-USD | −0.0899% | 1h | 93.284 | −0.090% | $1.2M | $3.8M | 10x | as long as short |
| Ondo Perps HYPE-USD.P | −0.0111% | 1h | 93.360 | −0.009% | $699K | $1.0M | 10x | as long as short |
| Hotstuff HYPE-PERPshort | −0.0080% | 1h | 93.382 | +0.015% | $3K | $331 | 25x | |
| Aftermath Perps HYPEUSD | −0.0063% | 1h | 93.394 | +0.028% | $22K | $21K | 10x | as long as short |
| 01 Exchange HYPEUSD | −0.0056% | 1h | 93.439 | +0.076% | $85K | $343K | 20x | as long as short |
| Orderly PERP_HYPE_USDC | −0.0045% | 4h | 93.369 | +0.001% | $154K | $652K | 20x | as long as short |
| Phemex HYPEUSDT | −0.0038% | 8h | 93.379 | +0.012% | $12.6M | $2.7M | 50x | as long as short |
| Bullet HYPE-USD | −0.0001% | 1h | 93.403 | +0.037% | $111K | $578K | 20x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 93.398 | +0.032% | $128K | $31K | 5x | as long as short |
Hibachi HYPE/USDT-P
Arcus HYPE-USD
Ondo Perps HYPE-USD.P
Aftermath Perps HYPEUSD
01 Exchange HYPEUSD
Orderly PERP_HYPE_USDC
Phemex HYPEUSDT
Bullet HYPE-USD
dYdX HYPE-USDShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Perpl HYPE | 0.0000% | 43m | 93.381 | +0.013% | $23K | $319K | 10x | as long as short |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0002% | 1h | 93.416 | +0.051% | $63K | — | 150x | as long as short |
| Phoenix HYPE | +0.0026% | 1h | 93.480 | +0.120% | $213K | $1.2M | 10x | as long as short |
| Aster HYPEUSDT | +0.0028% | 4h | 93.407 | +0.042% | $8.8M | $35.5M | 300x | as long as short |
| BingX HYPE-USDT | +0.0034% | 4h | 93.382 | +0.015% | — | $52.9M | — | as long as short |
| Bybit HYPEUSDT | +0.0043% | 8h | 93.351 | −0.018% | $321.4M | $277.1M | 75x | as long as short |
| Gate HYPE_USDT | +0.0058% | 4h | 93.378 | +0.011% | $44.6M | $55.1M | 75x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0075% | 8h | 93.370 | +0.002% | $114.0M | $300.8M | 50x | as long as short |
| Derive HYPE-PERP | +0.0082% | 1h | 93.361 | −0.007% | $16.2M | $7.5M | 10x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 93.411 | +0.046% | $16.3M | $62.0M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 93.396 | +0.030% | $3.1M | $11.6M | 20x | as long as short |
| Popdex HYPEUSDT | +0.0096% | 1h | 93.413 | +0.048% | $71K | $1.2M | 50x | as long as short |
| Paradex HYPE-USD-PERP | +0.0097% | 8h | 93.409 | +0.044% | $339K | $162K | 20x | as long as short |
| Katana Perps HYPE-USD | +0.0100% | 8h | 93.400 | +0.034% | $12K | $1.6M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 93.385 | +0.018% | $5.8M | $43.1M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 93.468 | +0.107% | $2.04B | $653.5M | 10x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 93.401 | +0.036% | $10.0M | $14.7M | 20x | as long as short |
| Binance HYPEUSDT | +0.0100% | 4h | 93.366 | −0.002% | $378.7M | $875.9M | 75x | as long as short |
| MEXC HYPE_USDT | +0.0100% | 4h | 93.371 | +0.003% | $89.6M | $80.9M | 100x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 93.400 | +0.034% | $45.9M | $18.2M | 75x | as long as short |
| Bitget HYPEUSDTlong | +0.0100% | 4h | 93.368 | long leg | $225.8M | $96.3M | 75x | |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 93.364 | −0.004% | $7.4M | $10.3M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 93.358 | −0.011% | $31.1M | $53.7M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 93.441 | +0.078% | $7.6M | $45.8M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 93.396 | +0.030% | $339K | $999K | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 93.440 | +0.077% | $667K | $2.6M | 20x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 93.448 | +0.085% | — | $243K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 93.444 | +0.081% | $476K | $2.6M | 20x | as long as short |
| Bluefin HYPE-PERP | +0.0100% | 1h | 93.372 | +0.004% | $79K | $169K | 20x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 93.402 | +0.036% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 93.385 | +0.018% | $2.0M | $1.9M | 10x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 93.217 | −0.161% | $203K | $10K | 10x | as long as short |
| edgeX HYPEUSDC | +0.0100% | 4h | 93.203 | −0.176% | $5.0M | $29.0M | 30x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 93.351 | −0.019% | $18.4M | $43.7M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0104% | 1h | 93.373 | +0.005% | $397K | $162K | 20x | as long as short |
| HTX HYPE-USDT | +0.0165% | 4h | 93.531 | +0.175% | $1.4M | $6.0M | 75x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0176% | 1h | 93.420 | +0.056% | $4.8M | $5.6M | 50x | as long as short |
| Reya HYPERUSDPERP | +0.0258% | 1h | 93.396 | +0.030% | $79K | $140K | 15x | as long as short |
| Kalshi KXHYPEPERP | +0.0274% | 8h | 93.448 | +0.086% | $1.9M | $5.1M | 2.3x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0285% | 1h | 93.478 | +0.118% | $7.5M | $4.4M | 50x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0331% / S −0.0156% | 1h | 93.415 | +0.050% | $1.4M | — | 100x | as long as short |
| BloFin HYPE-USDT | +0.0340% | 4h | 93.367 | −0.001% | $17.0M | $11.6M | 75x | as long as short |
| RISEx HYPE/USDC | +0.0510% | 1h | 93.488 | +0.128% | $3.2M | $6.3M | 20x | as long as short |
| Injective HYPE/USDC PERP | +0.0519% | 1h | 93.730 | +0.388% | $30K | $339K | 12x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0685% | 1h | 93.454 | +0.092% | $20.8M | $29.8M | 50x | as long as short |
Perpl HYPE
gTrade (Gains Network) HYPE/USD
Phoenix HYPE
Aster HYPEUSDT
BingX HYPE-USDT
Bybit HYPEUSDT
Gate HYPE_USDT
OKX HYPE-USDT-SWAP
Derive HYPE-PERP
Lighter HYPE
Lighter RH HYPE
Popdex HYPEUSDT
Paradex HYPE-USD-PERP
Katana Perps HYPE-USD
Nado HYPE-PERP
Hyperliquid HYPE
Pacifica HYPE
Binance HYPEUSDT
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
SunX HYPE-USDT
SoDEX HYPE-USD
Bulk HYPE-USD
edgeX HYPEUSDC
Extended HYPE-USD
Aevo HYPE-PERP
HTX HYPE-USDT
Coinbase International HYPE-PERP-INTX
Reya HYPERUSDPERP
Kalshi KXHYPEPERP
Deribit HYPE_USDC-PERPETUAL
GMX HYPE/USD [WBTC.b-USDC]
BloFin HYPE-USDT
RISEx HYPE/USDC
Injective HYPE/USDC PERP
Kraken Futures PF_HYPEUSD