Funding you earn now, next payment 00:00 UTC−0.0001%/8h= −0.1% APRnext payment −$0.00 per $10,000 · paid last 24h −0.003%
Price spread now: Binance against edgeX−0.066%110s7-day average +0.042% · you buy dearer than you sell
Net, funding: paid 7d − costs−$22as 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−$200.198% of the position
Funding, last 7 days−0.020%−$2 on $10k
+Price spread, last 7 days+0.070%+$7 · spread now −0.066%, 7d avg +0.042%
=Together, before fees+0.051%+ Points / potential airdropedgeX: Active · farm board+$5 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: Binance is 0.108% cheaper against edgeX than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of +0.042%. The two prices were read 110 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 | 93.326 | 0.0101 | pay 0.0050% / 4h | 2h 51m | $5.1M | $29.4M | 30x |
| Short | Binance HYPEUSDT | 93.264 | 0.0100 | get 0.0050% / 4h | 2h 51m | $385.7M | $890.2M | 75x |
edgeX HYPEUSDC
Binance HYPEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- −$0.17
- Price spread: −0.066% → +0.042%
- −$10.83
- Slippage, 4 orders
- −$0.79
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$30.79
- Costs to cover
- 0.198%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 2 min ago; Binance: live order book, 7 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, 2 min ago | 0.32 bp | 4.8 bp −$5 | 5.5 bp −$55 | 180.4 bp −$18.0K | doesn't fit |
| Sell Binance live order book, 7 min ago | 0.05 bp | 5.1 bp −$5 | 7.5 bp −$75 | 13.9 bp −$1,389 | 29.7 bp −$14.8K |
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 | −0.1304% | 1h | 93.259 | −0.073% | $197K | $233K | 7x | as long as short |
| Ondo Perps HYPE-USD.P | −0.0191% | 1h | 93.210 | −0.125% | $700K | $949K | 10x | as long as short |
| Aftermath Perps HYPEUSD | −0.0116% | 1h | 93.299 | −0.029% | $22K | $22K | 10x | as long as short |
| 01 Exchange HYPEUSD | −0.0096% | 1h | 93.334 | +0.008% | $89K | $344K | 20x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 93.320 | −0.007% | $3K | $331 | 25x | as long as short |
| Bullet HYPE-USD | −0.0005% | 1h | 93.311 | −0.017% | $112K | $583K | 20x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 93.326 | −0.001% | $127K | $33K | 5x | as long as short |
| Kalshi KXHYPEPERP | 0.0000% | 8h | 93.413 | +0.093% | $1.9M | $5.4M | 2.3x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 93.342 | +0.016% | $23K | $343K | 10x | as long as short |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0001% | 1h | 93.371 | +0.048% | $20K | — | 150x | as long as short |
Hibachi HYPE/USDT-P
Ondo Perps HYPE-USD.P
Aftermath Perps HYPEUSD
01 Exchange HYPEUSD
Hotstuff HYPE-PERP
Bullet HYPE-USD
dYdX HYPE-USD
Kalshi KXHYPEPERP
Perpl HYPE
gTrade (Gains Network) HYPE/USDShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate HYPE_USDT | +0.0004% | 4h | 93.278 | −0.052% | $44.1M | $56.2M | 75x | as long as short |
| Aster HYPEUSDT | +0.0006% | 4h | 93.317 | −0.010% | $8.9M | $36.3M | 300x | as long as short |
| Derive HYPE-PERP | +0.0024% | 1h | 93.295 | −0.033% | $16.4M | $7.1M | 10x | as long as short |
| Bybit HYPEUSDT | +0.0042% | 8h | 93.267 | −0.064% | $325.2M | $288.3M | 75x | as long as short |
| Phoenix HYPE | +0.0068% | 1h | 93.336 | +0.010% | $215K | $1.2M | 10x | as long as short |
| Orderly PERP_HYPE_USDC | +0.0077% | 4h | 93.348 | +0.023% | $180K | $536K | 20x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 93.330 | +0.004% | $18.5M | $59.1M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 93.295 | −0.034% | $3.1M | $12.3M | 20x | as long as short |
| Popdex HYPEUSDT | +0.0096% | 1h | 93.291 | −0.038% | $56K | $1.2M | 50x | as long as short |
| Katana Perps HYPE-USD | +0.0100% | 8h | 93.290 | −0.039% | $40K | $1.7M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 93.305 | −0.022% | $6.0M | $44.4M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 93.352 | +0.027% | $2.03B | $668.5M | 10x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 93.308 | −0.020% | $10.0M | $14.5M | 20x | as long as short |
| Binance HYPEUSDTshort | +0.0100% | 4h | 93.264 | −0.066% | $385.7M | $890.2M | 75x | |
| OKX HYPE-USDT-SWAP | +0.0100% | 8h | 93.266 | −0.065% | $114.7M | $316.0M | 50x | as long as short |
| Arcus HYPE-USD | +0.0100% | 1h | 93.261 | −0.070% | $1.2M | $4.0M | 10x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 93.335 | +0.010% | $204K | $12K | 10x | as long as short |
| MEXC HYPE_USDT | +0.0100% | 4h | 93.271 | −0.059% | $92.3M | $81.6M | 100x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 93.298 | −0.030% | $46.3M | $19.4M | 75x | as long as short |
| Bitget HYPEUSDT | +0.0100% | 4h | 93.285 | −0.044% | $226.6M | $102.0M | 75x | as long as short |
| BingX HYPE-USDT | +0.0100% | 4h | 93.275 | −0.055% | — | $54.4M | — | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 93.361 | +0.037% | $7.9M | $11.7M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 93.285 | −0.045% | $28.8M | $49.9M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 93.383 | +0.061% | $7.5M | $46.8M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 93.338 | +0.013% | $405K | $1.1M | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 93.301 | −0.027% | $675K | $2.4M | 20x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 93.349 | +0.024% | — | $454K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 93.357 | +0.033% | $493K | $2.6M | 20x | as long as short |
| Bluefin HYPE-PERP | +0.0100% | 1h | 93.341 | +0.016% | $76K | $169K | 20x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 93.327 | +0.001% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 93.340 | +0.015% | $2.0M | $2.0M | 10x | as long as short |
| Phemex HYPEUSDT | +0.0100% | 8h | 93.340 | +0.015% | $12.7M | $2.6M | 50x | as long as short |
| Paradex HYPE-USD-PERP | +0.0100% | 8h | 93.306 | −0.022% | $339K | $171K | 20x | as long as short |
| edgeX HYPEUSDClong | +0.0101% | 4h | 93.326 | long leg | $5.1M | $29.4M | 30x | |
| Extended HYPE-USD | +0.0104% | 1h | 93.272 | −0.058% | $18.4M | $41.0M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0104% | 1h | 93.364 | +0.040% | $397K | $318K | 20x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0208% | 1h | 93.440 | +0.122% | $4.9M | $5.7M | 50x | as long as short |
| Reya HYPERUSDPERP | +0.0245% | 1h | 93.339 | +0.014% | $77K | $157K | 15x | as long as short |
| Injective HYPE/USDC PERP | +0.0285% | 1h | 93.130 | −0.210% | $30K | $231K | 12x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0317% | 1h | 93.448 | +0.130% | $7.4M | $4.6M | 50x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0339% / S −0.0165% | 1h | 93.368 | +0.045% | $1.4M | — | 100x | as long as short |
| BloFin HYPE-USDT | +0.0340% | 4h | 93.281 | −0.049% | $17.1M | $12.5M | 75x | as long as short |
| HTX HYPE-USDT | +0.0410% | 4h | 93.493 | +0.179% | $1.5M | $7.6M | 75x | as long as short |
| RISEx HYPE/USDC | +0.0467% | 1h | 93.358 | +0.034% | $2.7M | $6.8M | 20x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0574% | 1h | 93.438 | +0.120% | $19.2M | $25.8M | 50x | as long as short |
Gate HYPE_USDT
Aster HYPEUSDT
Derive HYPE-PERP
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
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
Aevo HYPE-PERP
Coinbase International HYPE-PERP-INTX
Reya HYPERUSDPERP
Injective HYPE/USDC PERP
Deribit HYPE_USDC-PERPETUAL
GMX HYPE/USD [WBTC.b-USDC]
BloFin HYPE-USDT
HTX HYPE-USDT
RISEx HYPE/USDC
Kraken Futures PF_HYPEUSD