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 +0.015%
Price spread now: SoDEX against Derive+0.011%7-day average +0.031% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Long on DeriveShort on SoDEX
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.030%+$3 on $10k
Price spread, last 4 days (all we have)+0.007%+$1 · spread now +0.011%, 7d avg +0.031%
Together, before fees+0.037%+$4 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDerive HYPE-PERP93.0540.0100pay 0.0013% / 1h9m 56s$16.0M$7.5M10x
ShortSoDEX HYPE-USD93.0650.0100get 0.0013% / 1h9m 56s$2.0M$2.0M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX against Derive. 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: +0.011% → +0.031%
−$1.91
Slippage, 4 orders
no order book: not counted
Fee Derive: 3 bp × 2 orders
−$6
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$15.91
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: Derive: no order-book sample; SoDEX: live order book, 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 Derive no order-book sample—————
Sell SoDEX live order book, 4 min ago0.05 bp7.0 bp −$713.3 bp −$133doesn't fitdoesn't fit
Derive: 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−0.1808%1h93.008−0.050%$194K$231K7xas long as short
Aftermath Perps HYPEUSD−0.0321%1h93.058+0.004%$22K$21K10xas long as short
Arcus HYPE-USD−0.0194%1h93.058+0.004%$1.1M$3.9M10xas long as short
Hotstuff HYPE-PERP−0.0080%1h93.071+0.018%$3K$33125xas long as short
Orderly PERP_HYPE_USDC−0.0051%4h93.047−0.008%$146K$671K20xas long as short
dYdX HYPE-USD0.0000%1h93.075+0.022%$128K$29K5xas long as short
Ondo Perps HYPE-USD.P0.0000%1h92.970−0.091%$700K$1.1M10xas long as short
Perpl HYPE0.0000%43m93.088+0.037%$22K$293K10xas long as short
Bullet HYPE-USD+0.0002%1h93.060+0.006%$111K$578K20xas long as short
gTrade (Gains Network) HYPE/USDL +0.0002% / S −0.0002%1h93.090+0.038%$62K—150xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
01 Exchange HYPEUSD+0.0016%1h93.107+0.057%$87K$365K20xas long as short
Phoenix HYPE+0.0026%1h93.056+0.002%$208K$1.2M10xas long as short
Bybit HYPEUSDT+0.0027%8h93.091+0.039%$317.5M$284.5M75xas long as short
Phemex HYPEUSDT+0.0030%8h93.045−0.010%$12.6M$2.7M50xas long as short
Bitget HYPEUSDT+0.0036%4h93.095+0.044%$225.2M$98.8M75xas long as short
Popdex HYPEUSDT+0.0048%1h93.081+0.029%$76K$1.1M50xas long as short
Gate HYPE_USDT+0.0054%4h93.084+0.032%$45.5M$54.9M75xas long as short
Paradex HYPE-USD-PERP+0.0096%8h93.105+0.055%$339K$162K20xas long as short
Lighter HYPE+0.0096%1h93.075+0.023%$16.0M$62.9M20xas long as short
Lighter RH HYPE+0.0096%1h93.095+0.044%$3.1M$11.6M20xas long as short
edgeX HYPEUSDC+0.0099%4h93.100+0.049%$4.9M$29.7M30xas long as short
Katana Perps HYPE-USD+0.0099%8h93.060+0.006%$28K$1.7M10xas long as short
Nado HYPE-PERP+0.0100%1h93.061+0.007%$6.8M$46.5M10xas long as short
Hyperliquid HYPE+0.0100%1h93.136+0.088%$2.03B$670.1M10xas long as short
Aster HYPEUSDT+0.0100%4h93.113+0.063%$8.7M$36.3M300xas long as short
Pacifica HYPE+0.0100%1h93.101+0.050%$10.0M$15.2M20xas long as short
Binance HYPEUSDT+0.0100%4h93.103+0.052%$373.7M$909.8M75xas long as short
OKX HYPE-USDT-SWAP+0.0100%8h93.117+0.067%$114.0M$305.4M50xas long as short
Bulk HYPE-USD+0.0100%1h93.125+0.076%$203K$3K10xas long as short
MEXC HYPE_USDT+0.0100%4h93.110+0.060%$91.5M$81.4M100xas long as short
KuCoin HYPEUSDTM+0.0100%4h93.104+0.053%$46.1M$18.5M75xas long as short
BingX HYPE-USDT+0.0100%4h93.107+0.057%—$54.0M—as long as short
Backpack HYPE_USDC_PERP+0.0100%1h93.098+0.047%$7.3M$11.0M20xas long as short
Variational Omni HYPE+0.0100%8h93.028−0.029%$28.6M$56.7M—as long as short
GRVT HYPE_USDT_Perp+0.0100%4h93.156+0.110%$7.5M$46.8M10xas long as short
ApeX Omni HYPEUSDT+0.0100%1h93.126+0.077%$342K$1.0M50xas long as short
StandX HYPE-USD+0.0100%1h93.104+0.053%$665K$2.9M20xas long as short
Vest HYPE-PERP+0.0100%1h93.133+0.085%—$243K5xas long as short
Polymarket Perps HYPE-USD+0.0100%1h93.110+0.060%$488K$2.7M20xas long as short
Bluefin HYPE-PERP+0.0100%1h93.068+0.015%$79K$167K20xas long as short
Derive HYPE-PERPlong+0.0100%1h93.054long leg$16.0M$7.5M10x
SunX HYPE-USDT+0.0100%4h93.120+0.071%$32K$1.6M20xas long as short
SoDEX HYPE-USDshort+0.0100%1h93.065+0.011%$2.0M$2.0M10x
HTX HYPE-USDT+0.0100%4h93.209+0.166%$1.4M$6.3M75xas long as short
Extended HYPE-USD+0.0104%1h93.084+0.032%$18.1M$43.5M50xas long as short
Aevo HYPE-PERP+0.0104%1h93.056+0.002%$393K$164K20xas long as short
Kalshi KXHYPEPERP+0.0117%8h93.149+0.102%$1.8M$5.5M2.3xas long as short
Coinbase International HYPE-PERP-INTX+0.0144%1h93.120+0.071%$4.7M$5.6M50xas long as short
Kraken Futures PF_HYPEUSD+0.0196%1h93.147+0.099%$20.7M$29.4M50xas long as short
Injective HYPE/USDC PERP+0.0242%1h93.410+0.382%$30K$339K12xas long as short
Reya HYPERUSDPERP+0.0266%1h93.072+0.019%$79K$131K15xas long as short
GMX HYPE/USD [WBTC.b-USDC]L +0.0331% / S −0.0154%1h93.093+0.041%$1.4M—100xas long as short
BloFin HYPE-USDT+0.0340%4h93.074+0.021%$16.8M$11.8M75xas long as short
Deribit HYPE_USDC-PERPETUAL+0.0556%1h93.173+0.128%$7.5M$4.5M50xas long as short
RISEx HYPE/USDC+0.0598%1h93.144+0.096%$3.2M$6.3M20xas long as short