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 05:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.002%
Price spread now: ApeX Omni against Bulk+0.151%55s7-day average −0.045% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$280.280% of the position
Long on BulkShort on ApeX Omni
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.002%$0 on $10k
Price spread, last 4 days (all we have)−0.311%−$31 · spread now +0.151%, 7d avg −0.045%
Together, before fees−0.313%−$31 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: ApeX Omni is 0.196% dearer against Bulk than usual: you sell high and buy low, +$20 on $10k if it goes back to its 7-day average of −0.045%. The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBulk HYPE-USD93.1250.0100pay 0.0013% / 1h12m 01s$203K$3K10x
ShortApeX Omni HYPEUSDT93.2660.0100get 0.0013% / 1h12m 01s$342K$1.0M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Bulk. 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: +0.151% → −0.045%
$19.59
Slippage, 4 orders
−$11.05
Fee Bulk: 3.5 bp × 2 orders
−$7
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$8.45
Costs to cover
0.280%
Break-even
never at this rate
Slippage from Bulk: live order book, 42 min ago; ApeX Omni: live order book, 2 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 Bulk live order book, 42 min ago0.54 bp4.8 bp −$57.2 bp −$7213.2 bp −$1,32241.1 bp −$20.6K
Sell ApeX Omni live order book, 2 min ago3.44 bp9.5 bp −$911.9 bp −$119doesn't fitdoesn'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−0.1800%1h93.146+0.022%$194K$231K7xas long as short
Aftermath Perps HYPEUSD−0.0310%1h93.023−0.110%$22K$21K10xas long as short
Arcus HYPE-USD−0.0194%1h93.014−0.119%$1.1M$3.9M10xas long as short
Hotstuff HYPE-PERP−0.0080%1h93.086−0.042%$3K$33125xas long as short
Orderly PERP_HYPE_USDC−0.0053%4h93.023−0.110%$146K$674K20xas long as short
dYdX HYPE-USD0.0000%1h93.075−0.053%$128K$29K5xas long as short
Ondo Perps HYPE-USD.P0.0000%1h92.980−0.156%$701K$1.1M10xas long as short
Perpl HYPE0.0000%43m93.065−0.064%$22K$293K10xas long as short
gTrade (Gains Network) HYPE/USDL +0.0002% / S −0.0002%1h93.055−0.075%$62K—150xas long as short
Bullet HYPE-USD+0.0012%1h93.017−0.116%$111K$578K20xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
01 Exchange HYPEUSD+0.0024%1h93.058−0.072%$87K$365K20xas long as short
Phoenix HYPE+0.0026%1h93.056−0.074%$208K$1.2M10xas long as short
Bybit HYPEUSDT+0.0027%8h93.030−0.102%$317.4M$284.3M75xas long as short
Phemex HYPEUSDT+0.0029%8h93.021−0.112%$12.6M$2.7M50xas long as short
Bitget HYPEUSDT+0.0038%4h93.046−0.085%$225.1M$98.8M75xas long as short
Popdex HYPEUSDT+0.0048%1h93.031−0.101%$76K$1.1M50xas long as short
Gate HYPE_USDT+0.0054%4h93.042−0.089%$45.4M$54.7M75xas long as short
edgeX HYPEUSDC+0.0094%4h93.059−0.071%$4.9M$29.8M30xas long as short
Paradex HYPE-USD-PERP+0.0096%8h93.063−0.066%$339K$163K20xas long as short
Lighter HYPE+0.0096%1h93.051−0.079%$16.0M$62.8M20xas long as short
Lighter RH HYPE+0.0096%1h93.056−0.074%$3.1M$11.6M20xas long as short
Katana Perps HYPE-USD+0.0099%8h93.020−0.113%$28K$1.7M10xas long as short
Nado HYPE-PERP+0.0100%1h93.065−0.064%$6.8M$46.5M10xas long as short
Hyperliquid HYPE+0.0100%1h93.100−0.027%$2.03B$669.9M10xas long as short
Aster HYPEUSDT+0.0100%4h93.046−0.085%$8.7M$36.4M300xas long as short
Pacifica HYPE+0.0100%1h93.052−0.078%$10.0M$15.2M20xas long as short
Binance HYPEUSDT+0.0100%4h93.030−0.102%$373.4M$910.1M75xas long as short
OKX HYPE-USDT-SWAP+0.0100%8h93.035−0.097%$113.9M$305.2M50xas long as short
Bulk HYPE-USDlong+0.0100%1h93.125long leg$203K$3K10x
MEXC HYPE_USDT+0.0100%4h93.032−0.100%$91.4M$81.4M100xas long as short
KuCoin HYPEUSDTM+0.0100%4h93.029−0.103%$46.1M$18.5M75xas long as short
BingX HYPE-USDT+0.0100%4h93.045−0.086%—$53.9M—as long as short
Backpack HYPE_USDC_PERP+0.0100%1h93.070−0.059%$7.3M$11.2M20xas long as short
Variational Omni HYPE+0.0100%8h92.999−0.136%$28.6M$56.8M—as long as short
GRVT HYPE_USDT_Perp+0.0100%4h93.078−0.050%$7.5M$46.7M10xas long as short
ApeX Omni HYPEUSDTshort+0.0100%1h93.266+0.151%$342K$1.0M50x
StandX HYPE-USD+0.0100%1h93.057−0.073%$665K$2.9M20xas long as short
Vest HYPE-PERP+0.0100%1h93.103−0.024%—$243K5xas long as short
Polymarket Perps HYPE-USD+0.0100%1h93.058−0.072%$488K$2.7M20xas long as short
Bluefin HYPE-PERP+0.0100%1h93.046−0.085%$79K$167K20xas long as short
Derive HYPE-PERP+0.0100%1h93.024−0.108%$16.0M$7.5M10xas long as short
SunX HYPE-USDT+0.0100%4h93.094−0.033%$32K$1.6M20xas long as short
SoDEX HYPE-USD+0.0100%1h93.037−0.094%$2.0M$2.0M10xas long as short
HTX HYPE-USDT+0.0100%4h93.167+0.045%$1.4M$6.3M75xas long as short
Extended HYPE-USD+0.0104%1h93.010−0.124%$18.1M$43.5M50xas long as short
Aevo HYPE-PERP+0.0104%1h93.036−0.095%$393K$164K20xas long as short
Kalshi KXHYPEPERP+0.0126%8h93.097−0.030%$1.8M$5.5M2.3xas long as short
Coinbase International HYPE-PERP-INTX+0.0144%1h93.220+0.102%$4.7M$5.6M50xas long as short
Kraken Futures PF_HYPEUSD+0.0196%1h93.120−0.005%$20.7M$29.5M50xas long as short
Injective HYPE/USDC PERP+0.0242%1h93.410+0.306%$30K$339K12xas long as short
Reya HYPERUSDPERP+0.0266%1h93.019−0.114%$79K$131K15xas long as short
GMX HYPE/USD [WBTC.b-USDC]L +0.0331% / S −0.0154%1h93.053−0.077%$1.4M—100xas long as short
BloFin HYPE-USDT+0.0340%4h93.113−0.013%$16.8M$11.8M75xas long as short
Deribit HYPE_USDC-PERPETUAL+0.0491%1h93.135+0.011%$7.5M$4.5M50xas long as short
RISEx HYPE/USDC+0.0598%1h93.100−0.027%$3.2M$6.3M20xas long as short