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 07:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.014%
Price spread now: BingX against dYdX0.000%7-day average −0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs−$62as in the Funding arb table
Net, price: spread back to 7d avg − costs−$67as in the Price arb table
costs, in and out, $10k−$680.680% of the position
Long on dYdXShort on BingX
What this pair did over the last
the charts below follow
Funding, last 7 days+0.059%+$6 on $10k
Price spread, last 4 days (all we have)+0.112%+$11 · spread now 0.000%, 7d avg −0.008%
Together, before fees+0.171%+$17 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX HYPE-USD93.4470get 0.0000% / 1h39m 03s$128K$28K5x
ShortBingX HYPE-USDT93.4470.0004get 0.0002% / 4h1h 39m—$53.8M—

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against dYdX. 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
$0.84
Price spread: 0.000% → −0.008%
$0.79
Slippage, 4 orders
−$47.99
Fee dYdX: 5 bp × 2 orders
−$10
Fee BingX: 5 bp × 2 orders
−$10
Net
−$66.36
Costs to cover
0.680%
Break-even
560.0 days
Slippage from dYdX: live order book, 5 min ago; BingX: live order book, 5 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 dYdX live order book, 5 min ago21.17 bp26.2 bp −$2628.3 bp −$28394.6 bp −$9,460267.6 bp −$133.8K
Sell BingX live order book, 5 min ago0.16 bp10.2 bp −$1015.3 bp −$15315.8 bp −$1,58019.8 bp −$9,899

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−0.1064%1h93.455+0.009%$198K$241K7xas long as short
Aftermath Perps HYPEUSD−0.0205%1h93.604+0.168%$22K$21K10xas long as short
Ondo Perps HYPE-USD.P−0.0111%1h93.420−0.029%$704K$1.2M10xas long as short
Hotstuff HYPE-PERP−0.0080%1h93.445−0.002%$3K$33125xas long as short
Bullet HYPE-USD−0.0068%1h93.470+0.025%$111K$580K20xas long as short
01 Exchange HYPEUSD−0.0056%1h93.476+0.031%$86K$369K20xas long as short
Bluefin HYPE-PERP−0.0027%1h93.481+0.036%$79K$155K20xas long as short
Orderly PERP_HYPE_USDC−0.0021%4h93.453+0.006%$145K$685K20xas long as short
dYdX HYPE-USDlong0.0000%1h93.447long leg$128K$28K5x
Kalshi KXHYPEPERP0.0000%8h93.526+0.084%$1.8M$5.6M2.3xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Perpl HYPE0.0000%43m93.472+0.027%$20K$289K10xas long as short
gTrade (Gains Network) HYPE/USDL +0.0002% / S −0.0001%1h93.507+0.065%$83K—150xas long as short
Bybit HYPEUSDT+0.0004%8h93.417−0.032%$315.2M$288.3M75xas long as short
BingX HYPE-USDTshort+0.0004%4h93.4470.000%—$53.8M—
Derive HYPE-PERP+0.0010%1h93.422−0.027%$16.2M$7.4M10xas long as short
Phoenix HYPE+0.0017%1h93.512+0.069%$209K$1.1M10xas long as short
Bitget HYPEUSDT+0.0040%4h93.427−0.022%$225.0M$99.7M75xas long as short
Paradex HYPE-USD-PERP+0.0077%8h93.471+0.026%$334K$161K20xas long as short
Arcus HYPE-USD+0.0084%1h93.425−0.024%$1.0M$4.0M10xas long as short
Phemex HYPEUSDT+0.0089%8h93.500+0.057%$12.8M$2.8M50xas long as short
edgeX HYPEUSDC+0.0095%4h93.515+0.072%$5.0M$30.5M30xas long as short
Lighter HYPE+0.0096%1h93.481+0.036%$16.1M$63.8M20xas long as short
Lighter RH HYPE+0.0096%1h93.483+0.038%$3.1M$11.1M20xas long as short
Popdex HYPEUSDT+0.0096%1h93.448+0.001%$78K$1.2M50xas long as short
Katana Perps HYPE-USD+0.0100%8h93.450+0.003%$22K$1.7M10xas long as short
Nado HYPE-PERP+0.0100%1h93.446−0.001%$7.4M$51.0M10xas long as short
Hyperliquid HYPE+0.0100%1h93.563+0.124%$2.05B$680.2M10xas long as short
Aster HYPEUSDT+0.0100%4h93.448+0.001%$8.8M$37.2M300xas long as short
Pacifica HYPE+0.0100%1h93.468+0.022%$10.1M$15.4M20xas long as short
Binance HYPEUSDT+0.0100%4h93.456+0.010%$374.6M$930.2M75xas long as short
OKX HYPE-USDT-SWAP+0.0100%8h93.419−0.030%$115.4M$315.2M50xas long as short
Gate HYPE_USDT+0.0100%4h93.452+0.005%$48.4M$55.2M75xas long as short
MEXC HYPE_USDT+0.0100%4h93.438−0.010%$89.4M$83.8M100xas long as short
KuCoin HYPEUSDTM+0.0100%4h93.451+0.004%$46.3M$18.7M75xas long as short
Backpack HYPE_USDC_PERP+0.0100%1h93.476+0.031%$7.2M$10.6M20xas long as short
Variational Omni HYPE+0.0100%8h93.479+0.034%$28.6M$56.1M—as long as short
GRVT HYPE_USDT_Perp+0.0100%4h93.540+0.100%$7.5M$48.2M10xas long as short
ApeX Omni HYPEUSDT+0.0100%1h93.577+0.139%$347K$1.0M50xas long as short
StandX HYPE-USD+0.0100%1h93.534+0.093%$677K$2.7M20xas long as short
Vest HYPE-PERP+0.0100%1h93.529+0.088%—$243K5xas long as short
Polymarket Perps HYPE-USD+0.0100%1h93.500+0.057%$469K$2.8M20xas long as short
SunX HYPE-USDT+0.0100%4h93.537+0.096%$32K$1.6M20xas long as short
SoDEX HYPE-USD+0.0100%1h93.473+0.028%$2.0M$1.9M10xas long as short
HTX HYPE-USDT+0.0100%4h93.593+0.156%$1.4M$6.7M75xas long as short
Bulk HYPE-USD+0.0100%1h93.507+0.064%$216K$15K10xas long as short
Extended HYPE-USD+0.0104%1h93.404−0.046%$18.2M$43.3M50xas long as short
Aevo HYPE-PERP+0.0104%1h93.468+0.022%$395K$159K20xas long as short
Coinbase International HYPE-PERP-INTX+0.0120%1h93.450+0.003%$4.7M$6.1M50xas long as short
Injective HYPE/USDC PERP+0.0205%1h93.380−0.072%$30K$339K12xas long as short
Reya HYPERUSDPERP+0.0271%1h93.474+0.029%$77K$129K15xas long as short
Deribit HYPE_USDC-PERPETUAL+0.0317%1h93.573+0.135%$7.4M$4.2M50xas long as short
GMX HYPE/USD [WBTC.b-USDC]L +0.0332% / S −0.0154%1h93.504+0.061%$1.4M—100xas long as short
BloFin HYPE-USDT+0.0340%4h93.496+0.052%$17.0M$12.2M75xas long as short
Kraken Futures PF_HYPEUSD+0.0416%1h93.572+0.134%$20.9M$29.6M50xas long as short
RISEx HYPE/USDC+0.0559%1h93.484+0.040%$3.2M$6.4M20xas long as short