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

HYPE

all HYPE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0753%/8h= −82.4% APRpaid last 24h −0.056%
Price spread now: Aftermath Perps against BloFin−0.277%7-day average · 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)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$23 a day on $10k at the current rate, and Aftermath Perps is 0.277% cheaper against BloFin than usual: you would sell low and buy high (−$28 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin HYPE-USDT93.8980.0266pay 0.0133% / 4h57m 07s$17.0M$12.3M75x
ShortAftermath Perps HYPEUSD93.638−0.0486pay 0.0061% / 1h57m 07s$22K$22K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aftermath Perps against BloFin. 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
−$158.05
Price spread: −0.277% → 0.000%
−$27.72
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Net
−$206.77
Costs to cover
0.210%
Break-even
never at this rate
Slippage unknown: BloFin: live order book, 7 min ago; Aftermath Perps: 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
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 7 min ago0.05 bp6.3 bp −$67.4 bp −$7412.2 bp −$1,222doesn't fit
Sell Aftermath Perps no order-book sample
Aftermath Perps: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hibachi HYPE/USDT-P−0.0504%1h93.735−0.174%$198K$228K7xas long as short
Aftermath Perps HYPEUSDshort−0.0486%1h93.638−0.277%$22K$22K10x
Arcus HYPE-USD−0.0233%1h93.768−0.138%$1.2M$3.8M10xas long as short
Hotstuff HYPE-PERP−0.0080%1h93.840−0.062%$3K$33125xas long as short
Ondo Perps HYPE-USD.P−0.0002%1h93.800−0.104%$701K$903K10xas long as short
dYdX HYPE-USD0.0000%1h93.912+0.015%$128K$32K5xas long as short
Perpl HYPE0.0000%43m93.882−0.017%$23K$330K10xas long as short
gTrade (Gains Network) HYPE/USDL +0.0002% / S −0.0002%1h93.922+0.026%$28K150xas long as short
Orderly PERP_HYPE_USDC+0.0014%4h93.908+0.011%$176K$526K20xas long as short
Bybit HYPEUSDT+0.0018%8h93.900+0.002%$324.8M$280.7M75xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster HYPEUSDT+0.0020%4h93.894−0.005%$8.9M$35.8M300xas long as short
Phoenix HYPE+0.0034%1h93.805−0.099%$215K$1.2M10xas long as short
Derive HYPE-PERP+0.0063%1h93.839−0.063%$16.4M$6.9M10xas long as short
Gate HYPE_USDT+0.0064%4h93.887−0.012%$44.5M$57.8M75xas long as short
MEXC HYPE_USDT+0.0066%4h93.905+0.007%$90.7M$80.3M100xas long as short
Binance HYPEUSDT+0.0067%4h93.917+0.020%$385.5M$886.0M75xas long as short
Phemex HYPEUSDT+0.0074%8h93.842−0.060%$12.8M$2.6M50xas long as short
edgeX HYPEUSDC+0.0078%4h93.744−0.164%$5.1M$29.6M30xas long as short
Lighter HYPE+0.0096%1h93.952+0.057%$19.0M$58.9M20xas long as short
Lighter RH HYPE+0.0096%1h93.934+0.038%$3.1M$12.2M20xas long as short
01 Exchange HYPEUSD+0.0096%1h93.900+0.002%$91K$355K20xas long as short
Popdex HYPEUSDT+0.0096%1h93.847−0.054%$63K$1.2M50xas long as short
Aevo HYPE-PERP+0.0096%1h93.852−0.049%$399K$318K20xas long as short
Paradex HYPE-USD-PERP+0.0099%8h93.845−0.056%$341K$169K20xas long as short
Katana Perps HYPE-USD+0.0100%8h93.830−0.072%$29K$1.6M10xas long as short
Nado HYPE-PERP+0.0100%1h93.844−0.057%$5.9M$44.1M10xas long as short
Pacifica HYPE+0.0100%1h93.868−0.032%$10.1M$14.5M20xas long as short
OKX HYPE-USDT-SWAP+0.0100%8h93.905+0.007%$115.0M$314.5M50xas long as short
KuCoin HYPEUSDTM+0.0100%4h93.905+0.007%$47.2M$18.3M75xas long as short
Bitget HYPEUSDT+0.0100%4h93.8980.000%$227.6M$102.5M75xas long as short
BingX HYPE-USDT+0.0100%4h93.897−0.001%$53.9Mas long as short
Backpack HYPE_USDC_PERP+0.0100%1h93.926+0.030%$7.9M$10.4M20xas long as short
Variational Omni HYPE+0.0100%8h93.552−0.368%$30.9M$51.8Mas long as short
GRVT HYPE_USDT_Perp+0.0100%4h93.616−0.300%$7.5M$45.5M10xas long as short
ApeX Omni HYPEUSDT+0.0100%1h93.759−0.148%$393K$1.0M50xas long as short
StandX HYPE-USD+0.0100%1h93.783−0.122%$678K$2.5M20xas long as short
Vest HYPE-PERP+0.0100%1h93.874−0.026%$454K5xas long as short
Polymarket Perps HYPE-USD+0.0100%1h93.911+0.014%$484K$2.5M20xas long as short
Bullet HYPE-USD+0.0100%1h93.888−0.011%$113K$577K20xas long as short
Bluefin HYPE-PERP+0.0100%1h93.903+0.005%$76K$166K20xas long as short
SunX HYPE-USDT+0.0100%4h93.979+0.086%$32K$1.6M20xas long as short
SoDEX HYPE-USD+0.0100%1h93.904+0.006%$2.0M$2.0M10xas long as short
Bulk HYPE-USD+0.0100%1h93.680−0.232%$205K$7K10xas long as short
Injective HYPE/USDC PERP+0.0104%1h93.750−0.158%$30K$338K12xas long as short
Extended HYPE-USD+0.0104%1h93.882−0.017%$18.6M$42.0M50xas long as short
Kalshi KXHYPEPERP+0.0120%8h93.972+0.079%$1.9M$5.1M2.3xas long as short
Coinbase International HYPE-PERP-INTX+0.0152%1h93.870−0.030%$4.9M$5.7M50xas long as short
HTX HYPE-USDT+0.0221%4h94.082+0.196%$1.5M$7.7M75xas long as short
Reya HYPERUSDPERP+0.0248%1h93.885−0.014%$77K$142K15xas long as short
BloFin HYPE-USDTlong+0.0266%4h93.898long leg$17.0M$12.3M75x
Deribit HYPE_USDC-PERPETUAL+0.0272%1h93.995+0.103%$7.4M$4.5M50xas long as short
RISEx HYPE/USDC+0.0284%1h93.894−0.005%$2.7M$6.8M20xas long as short
GMX HYPE/USD [WBTC.b-USDC]L +0.0340% / S −0.0165%1h93.877−0.022%$1.4M100xas long as short
Hyperliquid HYPE+0.0540%1h93.938+0.043%$2.05B$667.5M10xas long as short
Kraken Futures PF_HYPEUSD+0.0577%1h94.020+0.130%$21.0M$29.0M50xas long as short