Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Variational Omni against Bulk−0.138%7-day average −0.060% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.006%−$1 on $10k
+Price spread, last 4 days (all we have)+0.089%+$9 · spread now −0.138%, 7d avg −0.060%
=Together, before fees+0.083%+ Points / potential airdropVariational Omni: Active · farm board+$8 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 0.077% cheaper against Bulk than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of −0.060%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bulk HYPE-USD | 93.690 | 0.0100 | pay 0.0013% / 1h | 13m 01s | $205K | $12K | 10x |
| Short | Variational Omni HYPE | 93.561 | 0.0100 | get 0.0100% / 8h | 2h 13m | $29.2M | $50.1M | — |
Bulk HYPE-USD
Variational Omni HYPEFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: −0.138% → −0.060%
- −$7.72
- Slippage, 4 orders
- no order book: not counted
- Fee Bulk: 3.5 bp × 2 orders
- −$7
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$14.72
- Costs to cover
- 0.070%
- Break-even
- never at this rate
Slippage unknown: Bulk: live order book, 11 min ago; Variational Omni: RFQ quote, 1 min ago. 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 Bulk live order book, 11 min ago | 0.53 bp | 4.0 bp −$4 | 5.6 bp −$56 | 11.5 bp −$1,153 | 35.8 bp −$17.9K |
| Sell Variational Omni RFQ quote, 1 min ago | 0.44 bp | doesn't fit | 0.6 bp −$6 | 23.4 bp −$2,336 | 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 | −0.0928% | 1h | 93.539 | −0.161% | $198K | $233K | 7x | as long as short |
| Aftermath Perps HYPEUSD | −0.0264% | 1h | 93.617 | −0.078% | $22K | $22K | 10x | as long as short |
| Ondo Perps HYPE-USD.P | −0.0233% | 1h | 93.440 | −0.266% | $702K | $932K | 10x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 93.537 | −0.163% | $3K | $331 | 25x | as long as short |
| 01 Exchange HYPEUSD | −0.0072% | 1h | 93.470 | −0.234% | $90K | $346K | 20x | as long as short |
| Bullet HYPE-USD | −0.0025% | 1h | 93.421 | −0.287% | $111K | $581K | 20x | as long as short |
| Derive HYPE-PERP | −0.0025% | 1h | 93.364 | −0.348% | $16.4M | $7.1M | 10x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 93.567 | −0.131% | $127K | $32K | 5x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 93.445 | −0.261% | $23K | $337K | 10x | as long as short |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0001% | 1h | 93.451 | −0.255% | $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 | +0.0020% | 4h | 93.415 | −0.294% | $8.9M | $35.8M | 300x | as long as short |
| Gate HYPE_USDT | +0.0026% | 4h | 93.391 | −0.319% | $43.9M | $57.5M | 75x | as long as short |
| Bybit HYPEUSDT | +0.0034% | 8h | 93.380 | −0.330% | $325.3M | $287.1M | 75x | as long as short |
| Popdex HYPEUSDT | +0.0048% | 1h | 93.449 | −0.257% | $59K | $1.2M | 50x | as long as short |
| Orderly PERP_HYPE_USDC | +0.0058% | 4h | 93.425 | −0.282% | $176K | $520K | 20x | as long as short |
| Phoenix HYPE | +0.0068% | 1h | 93.605 | −0.090% | $216K | $1.2M | 10x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 93.440 | −0.266% | $18.6M | $59.8M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 93.426 | −0.281% | $3.1M | $12.4M | 20x | as long as short |
| Paradex HYPE-USD-PERP | +0.0099% | 8h | 93.479 | −0.225% | $340K | $170K | 20x | as long as short |
| Katana Perps HYPE-USD | +0.0100% | 8h | 93.490 | −0.213% | $37K | $1.6M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 93.445 | −0.261% | $5.9M | $44.1M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 93.513 | −0.189% | $2.04B | $670.8M | 10x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 93.511 | −0.191% | $10.0M | $14.4M | 20x | as long as short |
| Binance HYPEUSDT | +0.0100% | 4h | 93.379 | −0.332% | $385.5M | $889.4M | 75x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0100% | 8h | 93.385 | −0.325% | $114.7M | $315.3M | 50x | as long as short |
| Arcus HYPE-USD | +0.0100% | 1h | 93.440 | −0.266% | $1.2M | $4.0M | 10x | as long as short |
| Bulk HYPE-USDlong | +0.0100% | 1h | 93.690 | long leg | $205K | $12K | 10x | |
| MEXC HYPE_USDT | +0.0100% | 4h | 93.396 | −0.313% | $93.4M | $82.4M | 100x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 93.423 | −0.285% | $46.3M | $18.8M | 75x | as long as short |
| Bitget HYPEUSDT | +0.0100% | 4h | 93.403 | −0.306% | $227.0M | $102.5M | 75x | as long as short |
| BingX HYPE-USDT | +0.0100% | 4h | 93.401 | −0.308% | — | $54.2M | — | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 93.422 | −0.286% | $7.9M | $11.7M | 20x | as long as short |
| Variational Omni HYPEshort | +0.0100% | 8h | 93.561 | −0.138% | $29.2M | $50.1M | — | |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 93.632 | −0.061% | $7.5M | $45.3M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 93.558 | −0.141% | $406K | $1.0M | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 93.583 | −0.114% | $677K | $2.5M | 20x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 93.480 | −0.224% | $493K | $2.6M | 20x | as long as short |
| Bluefin HYPE-PERP | +0.0100% | 1h | 93.384 | −0.326% | $76K | $168K | 20x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 93.539 | −0.161% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 93.403 | −0.306% | $2.0M | $2.0M | 10x | as long as short |
| Phemex HYPEUSDT | +0.0100% | 8h | 93.380 | −0.330% | $12.7M | $2.6M | 50x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 93.513 | −0.189% | — | $454K | 5x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 93.395 | −0.314% | $18.3M | $41.4M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0104% | 1h | 93.450 | −0.255% | $398K | $318K | 20x | as long as short |
| Kalshi KXHYPEPERP | +0.0112% | 8h | 93.560 | −0.138% | $1.9M | $5.3M | 2.3x | as long as short |
| edgeX HYPEUSDC | +0.0118% | 4h | 93.534 | −0.166% | $5.1M | $29.7M | 30x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0208% | 1h | 93.500 | −0.202% | $4.9M | $5.7M | 50x | as long as short |
| Reya HYPERUSDPERP | +0.0246% | 1h | 93.435 | −0.271% | $78K | $158K | 15x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0253% | 1h | 93.520 | −0.181% | $7.4M | $4.6M | 50x | as long as short |
| Injective HYPE/USDC PERP | +0.0285% | 1h | 93.400 | −0.309% | $30K | $291K | 12x | as long as short |
| HTX HYPE-USDT | +0.0295% | 4h | 93.650 | −0.042% | $1.5M | $7.6M | 75x | as long as short |
| BloFin HYPE-USDT | +0.0340% | 4h | 93.405 | −0.304% | $17.1M | $12.4M | 75x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0346% / S −0.0171% | 1h | 93.454 | −0.252% | $1.5M | — | 100x | as long as short |
| RISEx HYPE/USDC | +0.0467% | 1h | 93.523 | −0.178% | $2.8M | $6.8M | 20x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0573% | 1h | 93.511 | −0.191% | $19.1M | $26.1M | 50x | as long as short |
Aster HYPEUSDT
Gate HYPE_USDT
Bybit HYPEUSDT
Popdex HYPEUSDT
Orderly PERP_HYPE_USDC
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
GRVT HYPE_USDT_Perp
ApeX Omni HYPEUSDT
StandX HYPE-USD
Polymarket Perps HYPE-USD
Bluefin HYPE-PERP
SunX HYPE-USDT
SoDEX HYPE-USD
Phemex HYPEUSDT
Vest HYPE-PERP
Extended HYPE-USD
Aevo HYPE-PERP
Kalshi KXHYPEPERP
edgeX HYPEUSDC
Coinbase International HYPE-PERP-INTX
Reya HYPERUSDPERP
Deribit HYPE_USDC-PERPETUAL
Injective HYPE/USDC PERP
HTX HYPE-USDT
BloFin HYPE-USDT
GMX HYPE/USD [WBTC.b-USDC]
RISEx HYPE/USDC
Kraken Futures PF_HYPEUSD