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

HYPE

all HYPE markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.014%
Price spread now: Variational Omni against Bitget−0.238%7-day average −0.017% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.032%+$3 on $10k
Price spread, last 7 days+0.216%+$22 · spread now −0.238%, 7d avg −0.017%
Together, before fees+0.248%+ Points / potential airdropVariational Omni: Active · farm board+$25 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: Variational Omni is 0.221% cheaper against Bitget than usual: you would sell low and buy high, −$22 on $10k if it goes back to its 7-day average of −0.017%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget HYPEUSDT93.5610.0100pay 0.0050% / 4h1h 45m$226.3M$96.8M75x
ShortVariational Omni HYPE93.3390.0100get 0.0100% / 8h5h 45m$31.1M$54.0M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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: −0.238% → −0.017%
−$22.08
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$34.08
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Bitget: live order book, 4 min ago; Variational Omni: RFQ quote, 4 min ago. Net counts fees only.

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, 4 min ago0.38 bp8.9 bp −$914.0 bp −$140doesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 4 min ago0.41 bpdoesn't fit6.9 bp −$6920.2 bp −$2,025doesn'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−0.1208%1h93.237−0.347%$196K$226K7xas long as short
Arcus HYPE-USD−0.0899%1h93.461−0.107%$1.2M$3.8M10xas long as short
Bluefin HYPE-PERP−0.0177%1h93.373−0.201%$79K$170K20xas long as short
Hotstuff HYPE-PERP−0.0080%1h93.540−0.022%$3K$33125xas long as short
Phemex HYPEUSDT−0.0072%8h93.372−0.202%$12.6M$2.7M50xas long as short
Orderly PERP_HYPE_USDC−0.0047%4h93.374−0.200%$156K$630K20xas long as short
Aftermath Perps HYPEUSD−0.0034%1h93.339−0.238%$22K$21K10xas long as short
01 Exchange HYPEUSD−0.0032%1h93.580+0.020%$85K$346K20xas long as short
Ondo Perps HYPE-USD.P−0.0005%1h93.490−0.076%$698K$977K10xas long as short
dYdX HYPE-USD0.0000%1h93.524−0.040%$128K$31K5xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Perpl HYPE0.0000%43m93.551−0.011%$23K$322K10xas long as short
gTrade (Gains Network) HYPE/USDL +0.0002% / S −0.0002%1h93.393−0.179%$62K150xas long as short
BingX HYPE-USDT+0.0008%4h93.578+0.018%$53.0Mas long as short
Aster HYPEUSDT+0.0008%4h93.548−0.014%$8.9M$35.6M300xas long as short
Phoenix HYPE+0.0026%1h93.418−0.153%$213K$1.2M10xas long as short
Bybit HYPEUSDT+0.0031%8h93.560−0.001%$323.0M$276.5M75xas long as short
Gate HYPE_USDT+0.0056%4h93.579+0.019%$44.7M$54.5M75xas long as short
Bullet HYPE-USD+0.0062%1h93.573+0.013%$111K$577K20xas long as short
OKX HYPE-USDT-SWAP+0.0078%8h93.555−0.006%$114.5M$302.6M50xas long as short
MEXC HYPE_USDT+0.0090%4h93.575+0.015%$87.9M$80.2M100xas long as short
Binance HYPEUSDT+0.0090%4h93.571+0.011%$379.9M$876.8M75xas long as short
edgeX HYPEUSDC+0.0092%4h93.250−0.333%$5.0M$30.0M30xas long as short
Lighter HYPE+0.0096%1h93.576+0.016%$16.4M$61.5M20xas long as short
Lighter RH HYPE+0.0096%1h93.553−0.009%$3.1M$11.5M20xas long as short
Popdex HYPEUSDT+0.0096%1h93.579+0.019%$68K$1.2M50xas long as short
Paradex HYPE-USD-PERP+0.0097%8h93.608+0.050%$340K$162K20xas long as short
Katana Perps HYPE-USD+0.0100%8h93.580+0.020%$19K$1.6M10xas long as short
Nado HYPE-PERP+0.0100%1h93.572+0.012%$5.8M$43.4M10xas long as short
Hyperliquid HYPE+0.0100%1h93.644+0.089%$2.04B$655.0M10xas long as short
Pacifica HYPE+0.0100%1h93.565+0.005%$10.1M$14.6M20xas long as short
Bulk HYPE-USD+0.0100%1h93.580+0.020%$204K$10K10xas long as short
KuCoin HYPEUSDTM+0.0100%4h93.589+0.030%$46.0M$18.1M75xas long as short
Bitget HYPEUSDTlong+0.0100%4h93.561long leg$226.3M$96.8M75x
Backpack HYPE_USDC_PERP+0.0100%1h93.386−0.187%$7.4M$10.4M20xas long as short
Variational Omni HYPEshort+0.0100%8h93.339−0.238%$31.1M$54.0M
GRVT HYPE_USDT_Perp+0.0100%4h93.288−0.292%$7.5M$45.6M10xas long as short
ApeX Omni HYPEUSDT+0.0100%1h93.280−0.300%$339K$1.0M50xas long as short
StandX HYPE-USD+0.0100%1h93.354−0.221%$666K$2.6M20xas long as short
Vest HYPE-PERP+0.0100%1h93.579+0.020%$243K5xas long as short
Polymarket Perps HYPE-USD+0.0100%1h93.606+0.048%$473K$2.5M20xas long as short
Derive HYPE-PERP+0.0100%1h93.373−0.201%$16.2M$7.6M10xas long as short
SunX HYPE-USDT+0.0100%4h93.479−0.088%$32K$1.6M20xas long as short
SoDEX HYPE-USD+0.0100%1h93.400−0.172%$2.0M$1.9M10xas long as short
Extended HYPE-USD+0.0104%1h93.555−0.006%$18.4M$43.7M50xas long as short
Aevo HYPE-PERP+0.0104%1h93.385−0.188%$397K$170K20xas long as short
Coinbase International HYPE-PERP-INTX+0.0176%1h93.450−0.119%$4.9M$5.4M50xas long as short
HTX HYPE-USDT+0.0203%4h93.500−0.065%$1.4M$6.0M75xas long as short
Reya HYPERUSDPERP+0.0257%1h93.549−0.013%$80K$140K15xas long as short
Kalshi KXHYPEPERP+0.0280%8h93.394−0.178%$1.9M$5.0M2.3xas long as short
BloFin HYPE-USDT+0.0329%4h93.267−0.314%$11.6M75xas long as short
GMX HYPE/USD [WBTC.b-USDC]L +0.0332% / S −0.0156%1h93.398−0.174%$1.4M100xas long as short
Deribit HYPE_USDC-PERPETUAL+0.0392%1h93.481−0.086%$7.5M$4.4M50xas long as short
RISEx HYPE/USDC+0.0510%1h93.668+0.114%$3.2M$6.5M20xas long as short
Injective HYPE/USDC PERP+0.0519%1h93.150−0.439%$30K$339K12xas long as short
Kraken Futures PF_HYPEUSD+0.0685%1h93.452−0.116%$20.8M$30.1M50xas long as short