Funding you earn now, next payment 22:00 UTC−0.0240%/8h= −26.3% APRpaid last 24h −0.068%
Price spread now: ApeX Omni against BloFin−0.181%7-day average −0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs−$76as in the Funding arb table
Net, price: spread back to 7d avg − costs−$46as in the Price arb table
costs, in and out, $10k−$290.293% of the position
Funding, last 7 days−0.464%−$46 on $10k
+Price spread, last 3 days (all we have)+0.321%+$32 · spread now −0.181%, 7d avg −0.011%
=Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and ApeX Omni is 0.171% cheaper against BloFin than usual: you would sell low and buy high (−$17 if the spread goes back to its 7-day average of −0.011%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin HYPE-USDT | 93.715 | 0.0340 | pay 0.0170% / 4h | 2h 23m | $17.1M | $12.5M | 75x |
| Short | ApeX Omni HYPEUSDT | 93.545 | 0.0100 | get 0.0013% / 1h | 23m 20s | $406K | $1.0M | 50x |
BloFin HYPE-USDT
ApeX Omni HYPEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against BloFin. 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
- −$50.4
- Price spread: −0.181% → −0.011%
- −$17.07
- Slippage, 4 orders
- −$7.26
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$96.73
- Costs to cover
- 0.293%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 6 min ago; ApeX Omni: live order book, 6 min ago.
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 BloFin live order book, 6 min ago | 0.05 bp | 6.1 bp −$6 | 6.7 bp −$67 | 9.8 bp −$975 | doesn't fit |
| Sell ApeX Omni live order book, 6 min ago | 2.03 bp | 7.7 bp −$8 | 10.7 bp −$107 | doesn't fit | doesn't fit |
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 | −0.1008% | 1h | 93.638 | −0.082% | $198K | $233K | 7x | as long as short |
| Aftermath Perps HYPEUSD | −0.0296% | 1h | 93.649 | −0.070% | $22K | $22K | 10x | as long as short |
| Ondo Perps HYPE-USD.P | −0.0237% | 1h | 93.630 | −0.091% | $702K | $934K | 10x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 93.716 | +0.001% | $3K | $331 | 25x | as long as short |
| 01 Exchange HYPEUSD | −0.0064% | 1h | 93.683 | −0.034% | $90K | $348K | 20x | as long as short |
| Bullet HYPE-USD | −0.0016% | 1h | 93.717 | +0.003% | $111K | $583K | 20x | as long as short |
| Derive HYPE-PERP | −0.0009% | 1h | 93.675 | −0.043% | $16.5M | $7.0M | 10x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 93.721 | +0.006% | $128K | $32K | 5x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 93.703 | −0.012% | $23K | $337K | 10x | as long as short |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0001% | 1h | 93.746 | +0.033% | $20K | — | 150x | as long as short |
Hibachi HYPE/USDT-P
Aftermath Perps HYPEUSD
Ondo Perps HYPE-USD.P
Hotstuff HYPE-PERP
01 Exchange HYPEUSD
Bullet HYPE-USD
Derive HYPE-PERP
dYdX HYPE-USD
Perpl HYPE
gTrade (Gains Network) HYPE/USDShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster HYPEUSDT | +0.0029% | 4h | 93.716 | +0.001% | $9.0M | $35.8M | 300x | as long as short |
| Gate HYPE_USDT | +0.0034% | 4h | 93.727 | +0.013% | $44.1M | $57.1M | 75x | as long as short |
| Bybit HYPEUSDT | +0.0037% | 8h | 93.710 | −0.005% | $326.4M | $287.1M | 75x | as long as short |
| Orderly PERP_HYPE_USDC | +0.0064% | 4h | 93.700 | −0.016% | $175K | $536K | 20x | as long as short |
| Popdex HYPEUSDT | +0.0064% | 1h | 93.649 | −0.070% | $57K | $1.2M | 50x | as long as short |
| Phoenix HYPE | +0.0068% | 1h | 93.742 | +0.029% | $216K | $1.2M | 10x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 93.741 | +0.028% | $18.6M | $59.6M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 93.751 | +0.038% | $3.1M | $12.4M | 20x | as long as short |
| Paradex HYPE-USD-PERP | +0.0100% | 8h | 93.690 | −0.027% | $340K | $170K | 20x | as long as short |
| Katana Perps HYPE-USD | +0.0100% | 8h | 93.710 | −0.005% | $40K | $1.6M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 93.674 | −0.043% | $6.0M | $44.1M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 93.789 | +0.079% | $2.04B | $669.8M | 10x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 93.707 | −0.009% | $10.0M | $14.4M | 20x | as long as short |
| Binance HYPEUSDT | +0.0100% | 4h | 93.688 | −0.028% | $386.5M | $888.3M | 75x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0100% | 8h | 93.716 | +0.001% | $115.1M | $316.1M | 50x | as long as short |
| Arcus HYPE-USD | +0.0100% | 1h | 93.642 | −0.078% | $1.2M | $4.0M | 10x | as long as short |
| MEXC HYPE_USDT | +0.0100% | 4h | 93.687 | −0.030% | $93.7M | $82.3M | 100x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 93.672 | −0.046% | $46.5M | $18.7M | 75x | as long as short |
| Bitget HYPEUSDT | +0.0100% | 4h | 93.732 | +0.018% | $227.6M | $102.2M | 75x | as long as short |
| BingX HYPE-USDT | +0.0100% | 4h | 93.712 | −0.003% | — | $54.2M | — | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 93.747 | +0.034% | $7.9M | $11.7M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 93.652 | −0.068% | $29.0M | $50.0M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 93.613 | −0.109% | $7.5M | $45.2M | 10x | as long as short |
| ApeX Omni HYPEUSDTshort | +0.0100% | 1h | 93.545 | −0.181% | $406K | $1.0M | 50x | |
| StandX HYPE-USD | +0.0100% | 1h | 93.752 | +0.039% | $678K | $2.4M | 20x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 93.732 | +0.018% | — | $454K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 93.718 | +0.003% | $495K | $2.6M | 20x | as long as short |
| Bluefin HYPE-PERP | +0.0100% | 1h | 93.733 | +0.019% | $76K | $168K | 20x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 93.698 | −0.018% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 93.724 | +0.010% | $2.0M | $2.0M | 10x | as long as short |
| Phemex HYPEUSDT | +0.0100% | 8h | 93.676 | −0.042% | $12.8M | $2.6M | 50x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 93.556 | −0.169% | $204K | $12K | 10x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 93.718 | +0.003% | $18.3M | $41.2M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0104% | 1h | 93.744 | +0.031% | $399K | $318K | 20x | as long as short |
| edgeX HYPEUSDC | +0.0105% | 4h | 93.554 | −0.171% | $5.1M | $29.5M | 30x | as long as short |
| Kalshi KXHYPEPERP | +0.0132% | 8h | 93.775 | +0.064% | $1.9M | $5.3M | 2.3x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0145% | 1h | 93.826 | +0.118% | $7.4M | $4.6M | 50x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0208% | 1h | 93.760 | +0.048% | $4.9M | $5.7M | 50x | as long as short |
| Reya HYPERUSDPERP | +0.0245% | 1h | 93.678 | −0.039% | $78K | $158K | 15x | as long as short |
| Injective HYPE/USDC PERP | +0.0285% | 1h | 93.610 | −0.112% | $30K | $291K | 12x | as long as short |
| HTX HYPE-USDT | +0.0310% | 4h | 93.864 | +0.159% | $1.5M | $7.6M | 75x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0339% / S −0.0164% | 1h | 93.747 | +0.035% | $1.4M | — | 100x | as long as short |
| BloFin HYPE-USDTlong | +0.0340% | 4h | 93.715 | long leg | $17.1M | $12.5M | 75x | |
| RISEx HYPE/USDC | +0.0467% | 1h | 93.719 | +0.004% | $2.8M | $6.8M | 20x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0571% | 1h | 93.849 | +0.143% | $19.2M | $26.0M | 50x | as long as short |
Aster HYPEUSDT
Gate HYPE_USDT
Bybit HYPEUSDT
Orderly PERP_HYPE_USDC
Popdex HYPEUSDT
Phoenix HYPE
Lighter HYPE
Lighter RH HYPE
Paradex HYPE-USD-PERP
Katana Perps HYPE-USD
Nado HYPE-PERP
Hyperliquid HYPE
Pacifica HYPE
Binance HYPEUSDT
OKX HYPE-USDT-SWAP
Arcus HYPE-USD
MEXC HYPE_USDT
KuCoin HYPEUSDTM
Bitget HYPEUSDT
BingX HYPE-USDT
Backpack HYPE_USDC_PERP
Variational Omni HYPE
GRVT HYPE_USDT_Perp
StandX HYPE-USD
Vest HYPE-PERP
Polymarket Perps HYPE-USD
Bluefin HYPE-PERP
SunX HYPE-USDT
SoDEX HYPE-USD
Phemex HYPEUSDT
Bulk HYPE-USD
Extended HYPE-USD
Aevo HYPE-PERP
edgeX HYPEUSDC
Kalshi KXHYPEPERP
Deribit HYPE_USDC-PERPETUAL
Coinbase International HYPE-PERP-INTX
Reya HYPERUSDPERP
Injective HYPE/USDC PERP
HTX HYPE-USDT
GMX HYPE/USD [WBTC.b-USDC]
RISEx HYPE/USDC
Kraken Futures PF_HYPEUSD