Funding you earn now, next payment 22:00 UTC−0.0003%/8h= −0.3% APRpaid last 24h +0.003%
Price spread now: Aevo against edgeX−0.031%72s7-day average +0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$41as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$410.414% of the position
Funding, last 7 days+0.007%+$1 on $10k
+Price spread, last 3 days (all we have)−0.079%−$8 · spread now −0.031%, 7d avg +0.006%
=Together, before fees−0.072%+ Points / potential airdropedgeX: Active · farm board−$7 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: Aevo is 0.038% cheaper against edgeX than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.006%. The two prices were read 72 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX HYPEUSDC | 93.435 | 0.0107 | pay 0.0053% / 4h | 2h 44m | $5.1M | $29.5M | 30x |
| Short | Aevo HYPE-PERP | 93.405 | 0.0104 | get 0.0013% / 1h | 44m 09s | $397K | $318K | 20x |
edgeX HYPEUSDC
Aevo HYPE-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aevo against edgeX. 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
- −$0.62
- Price spread: −0.031% → +0.006%
- −$3.77
- Slippage, 4 orders
- −$16.4
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- −$45.78
- Costs to cover
- 0.414%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 5 min ago; Aevo: live order book, 45 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 edgeX live order book, 5 min ago | 0.32 bp | 4.8 bp −$5 | 5.0 bp −$50 | 133.2 bp −$13.3K | doesn't fit |
| Sell Aevo live order book, 45 min ago | 6.65 bp | 15.0 bp −$15 | 17.6 bp −$176 | 20.3 bp −$2,035 | 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 | −0.1240% | 1h | 93.370 | −0.069% | $197K | $233K | 7x | as long as short |
| Ondo Perps HYPE-USD.P | −0.0218% | 1h | 93.330 | −0.112% | $701K | $943K | 10x | as long as short |
| Aftermath Perps HYPEUSD | −0.0193% | 1h | 93.399 | −0.038% | $22K | $22K | 10x | as long as short |
| 01 Exchange HYPEUSD | −0.0080% | 1h | 93.415 | −0.021% | $89K | $346K | 20x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 93.388 | −0.050% | $3K | $331 | 25x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 93.427 | −0.008% | $127K | $33K | 5x | as long as short |
| Kalshi KXHYPEPERP | 0.0000% | 8h | 93.484 | +0.053% | $1.9M | $5.4M | 2.3x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 93.394 | −0.043% | $23K | $343K | 10x | as long as short |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0001% | 1h | 93.430 | −0.005% | $19K | — | 150x | as long as short |
| Aster HYPEUSDT | +0.0013% | 4h | 93.413 | −0.023% | $8.9M | $36.0M | 300x | as long as short |
Hibachi HYPE/USDT-P
Ondo Perps HYPE-USD.P
Aftermath Perps HYPEUSD
01 Exchange HYPEUSD
Hotstuff HYPE-PERP
dYdX HYPE-USD
Kalshi KXHYPEPERP
Perpl HYPE
gTrade (Gains Network) HYPE/USD
Aster HYPEUSDTShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate HYPE_USDT | +0.0016% | 4h | 93.427 | −0.008% | $44.2M | $56.3M | 75x | as long as short |
| Derive HYPE-PERP | +0.0017% | 1h | 93.355 | −0.085% | $16.4M | $7.1M | 10x | as long as short |
| Bullet HYPE-USD | +0.0030% | 1h | 93.411 | −0.026% | $112K | $583K | 20x | as long as short |
| Bybit HYPEUSDT | +0.0039% | 8h | 93.414 | −0.022% | $325.4M | $287.9M | 75x | as long as short |
| Phoenix HYPE | +0.0068% | 1h | 93.408 | −0.028% | $216K | $1.2M | 10x | as long as short |
| Orderly PERP_HYPE_USDC | +0.0074% | 4h | 93.412 | −0.024% | $180K | $536K | 20x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 93.460 | +0.028% | $18.5M | $59.4M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 93.430 | −0.005% | $3.1M | $12.3M | 20x | as long as short |
| Popdex HYPEUSDT | +0.0096% | 1h | 93.390 | −0.048% | $56K | $1.2M | 50x | as long as short |
| Katana Perps HYPE-USD | +0.0100% | 8h | 93.520 | +0.091% | $40K | $1.7M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 93.397 | −0.040% | $6.0M | $44.3M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 93.463 | +0.030% | $2.04B | $669.3M | 10x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 93.391 | −0.047% | $10.0M | $14.5M | 20x | as long as short |
| Binance HYPEUSDT | +0.0100% | 4h | 93.431 | −0.004% | $385.9M | $888.4M | 75x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0100% | 8h | 93.423 | −0.012% | $114.8M | $315.6M | 50x | as long as short |
| Arcus HYPE-USD | +0.0100% | 1h | 93.374 | −0.065% | $1.2M | $4.0M | 10x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 93.335 | −0.106% | $204K | $12K | 10x | as long as short |
| MEXC HYPE_USDT | +0.0100% | 4h | 93.392 | −0.046% | $93.0M | $81.9M | 100x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 93.401 | −0.036% | $46.3M | $19.3M | 75x | as long as short |
| Bitget HYPEUSDT | +0.0100% | 4h | 93.442 | +0.008% | $226.9M | $102.0M | 75x | as long as short |
| BingX HYPE-USDT | +0.0100% | 4h | 93.413 | −0.023% | — | $54.3M | — | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 93.427 | −0.008% | $7.9M | $11.7M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 93.375 | −0.063% | $28.8M | $49.9M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 93.445 | +0.011% | $7.5M | $45.8M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 93.456 | +0.023% | $406K | $1.0M | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 93.481 | +0.050% | $676K | $2.4M | 20x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 93.440 | +0.005% | — | $454K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 93.423 | −0.012% | $493K | $2.6M | 20x | as long as short |
| Bluefin HYPE-PERP | +0.0100% | 1h | 93.402 | −0.035% | $76K | $169K | 20x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 93.439 | +0.005% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 93.389 | −0.049% | $2.0M | $2.0M | 10x | as long as short |
| Phemex HYPEUSDT | +0.0100% | 8h | 93.407 | −0.030% | $12.7M | $2.6M | 50x | as long as short |
| Paradex HYPE-USD-PERP | +0.0100% | 8h | 93.411 | −0.025% | $339K | $171K | 20x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 93.378 | −0.061% | $18.4M | $41.1M | 50x | as long as short |
| Aevo HYPE-PERPshort | +0.0104% | 1h | 93.405 | −0.031% | $397K | $318K | 20x | |
| edgeX HYPEUSDClong | +0.0107% | 4h | 93.435 | long leg | $5.1M | $29.5M | 30x | |
| Coinbase International HYPE-PERP-INTX | +0.0208% | 1h | 93.500 | +0.070% | $4.9M | $5.7M | 50x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0232% | 1h | 93.499 | +0.069% | $7.4M | $4.6M | 50x | as long as short |
| Reya HYPERUSDPERP | +0.0245% | 1h | 93.400 | −0.037% | $77K | $157K | 15x | as long as short |
| Injective HYPE/USDC PERP | +0.0285% | 1h | 93.330 | −0.112% | $30K | $231K | 12x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0339% / S −0.0165% | 1h | 93.443 | +0.009% | $1.4M | — | 100x | as long as short |
| BloFin HYPE-USDT | +0.0340% | 4h | 93.405 | −0.032% | $17.1M | $12.5M | 75x | as long as short |
| HTX HYPE-USDT | +0.0373% | 4h | 93.536 | +0.109% | $1.5M | $7.6M | 75x | as long as short |
| RISEx HYPE/USDC | +0.0467% | 1h | 93.462 | +0.029% | $2.7M | $6.8M | 20x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0573% | 1h | 93.491 | +0.061% | $19.2M | $25.9M | 50x | as long as short |
Gate HYPE_USDT
Derive HYPE-PERP
Bullet HYPE-USD
Bybit HYPEUSDT
Phoenix HYPE
Orderly PERP_HYPE_USDC
Lighter HYPE
Lighter RH HYPE
Popdex HYPEUSDT
Katana Perps HYPE-USD
Nado HYPE-PERP
Hyperliquid HYPE
Pacifica HYPE
Binance HYPEUSDT
OKX HYPE-USDT-SWAP
Arcus HYPE-USD
Bulk HYPE-USD
MEXC HYPE_USDT
KuCoin HYPEUSDTM
Bitget HYPEUSDT
BingX HYPE-USDT
Backpack HYPE_USDC_PERP
Variational Omni HYPE
GRVT HYPE_USDT_Perp
ApeX Omni HYPEUSDT
StandX HYPE-USD
Vest HYPE-PERP
Polymarket Perps HYPE-USD
Bluefin HYPE-PERP
SunX HYPE-USDT
SoDEX HYPE-USD
Phemex HYPEUSDT
Paradex HYPE-USD-PERP
Extended HYPE-USD
Coinbase International HYPE-PERP-INTX
Deribit HYPE_USDC-PERPETUAL
Reya HYPERUSDPERP
Injective HYPE/USDC PERP
GMX HYPE/USD [WBTC.b-USDC]
BloFin HYPE-USDT
HTX HYPE-USDT
RISEx HYPE/USDC
Kraken Futures PF_HYPEUSD