Funding you earn now, next payment 06:00 UTC−0.0161%/8h= −17.6% APRpaid last 24h −0.047%
Price spread now: Hotstuff against edgeX−0.230%58s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropedgeX: Active · Hotstuff: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Hotstuff is 0.230% cheaper against edgeX than usual: you would sell low and buy high (−$23 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 58 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 | 93.544 | 0.0081 | pay 0.0040% / 4h | 2h 42m | $5.0M | $30.0M | 30x |
| Short | Hotstuff HYPE-PERP | 93.329 | −0.0080 | pay 0.0010% / 1h | 42m 26s | $3K | $331 | 25x |
edgeX HYPEUSDC
Hotstuff HYPE-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hotstuff 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
- −$33.73
- Price spread: −0.230% → 0.000%
- −$23
- Slippage, 4 orders
- no order book: not counted
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Hotstuff: 2.5 bp × 2 orders
- −$5
- Net
- −$70.73
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: edgeX: live order book, 2 min ago; Hotstuff: no order-book sample. 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 edgeX live order book, 2 min ago | 0.32 bp | 4.8 bp −$5 | 5.0 bp −$50 | 148.2 bp −$14.8K | doesn't fit |
| Sell Hotstuff no order-book sample | — | — | — | — | — |
Hotstuff: 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hibachi HYPE/USDT-P | −0.1776% | 1h | 93.218 | −0.349% | $196K | $232K | 7x | as long as short |
| Aftermath Perps HYPEUSD | −0.0371% | 1h | 93.461 | −0.089% | $22K | $21K | 10x | as long as short |
| Bullet HYPE-USD | −0.0096% | 1h | 93.300 | −0.261% | $111K | $578K | 20x | as long as short |
| Hotstuff HYPE-PERPshort | −0.0080% | 1h | 93.329 | −0.230% | $3K | $331 | 25x | |
| Orderly PERP_HYPE_USDC | −0.0025% | 4h | 93.316 | −0.244% | $146K | $663K | 20x | as long as short |
| 01 Exchange HYPEUSD | −0.0024% | 1h | 93.342 | −0.216% | $87K | $366K | 20x | as long as short |
| Ondo Perps HYPE-USD.P | −0.0006% | 1h | 93.260 | −0.304% | $702K | $1.2M | 10x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 93.409 | −0.144% | $128K | $29K | 5x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 93.334 | −0.225% | $22K | $290K | 10x | as long as short |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0002% | 1h | 93.349 | −0.208% | $62K | — | 150x | as long as short |
Hibachi HYPE/USDT-P
Aftermath Perps HYPEUSD
Bullet HYPE-USD
Orderly PERP_HYPE_USDC
01 Exchange HYPEUSD
Ondo Perps HYPE-USD.P
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 | |
|---|---|---|---|---|---|---|---|---|
| Arcus HYPE-USD | +0.0011% | 1h | 93.300 | −0.261% | $1.0M | $3.9M | 10x | as long as short |
| Bitget HYPEUSDT | +0.0016% | 4h | 93.319 | −0.241% | $225.8M | $98.9M | 75x | as long as short |
| Bybit HYPEUSDT | +0.0022% | 8h | 93.310 | −0.250% | $317.2M | $283.6M | 75x | as long as short |
| Phoenix HYPE | +0.0026% | 1h | 93.462 | −0.088% | $209K | $1.2M | 10x | as long as short |
| Phemex HYPEUSDT | +0.0033% | 8h | 93.366 | −0.190% | $12.6M | $2.7M | 50x | as long as short |
| edgeX HYPEUSDClong | +0.0081% | 4h | 93.544 | long leg | $5.0M | $30.0M | 30x | |
| Paradex HYPE-USD-PERP | +0.0095% | 8h | 93.372 | −0.184% | $340K | $162K | 20x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 93.350 | −0.208% | $16.1M | $63.0M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 93.362 | −0.195% | $3.1M | $11.4M | 20x | as long as short |
| Popdex HYPEUSDT | +0.0096% | 1h | 93.311 | −0.249% | $77K | $1.1M | 50x | as long as short |
| Katana Perps HYPE-USD | +0.0099% | 8h | 93.320 | −0.240% | $28K | $1.7M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 93.344 | −0.213% | $8.0M | $48.5M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 93.379 | −0.177% | $2.03B | $668.4M | 10x | as long as short |
| Aster HYPEUSDT | +0.0100% | 4h | 93.315 | −0.245% | $8.7M | $36.4M | 300x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 93.350 | −0.208% | $10.1M | $15.4M | 20x | as long as short |
| Binance HYPEUSDT | +0.0100% | 4h | 93.326 | −0.233% | $374.2M | $912.0M | 75x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0100% | 8h | 93.340 | −0.218% | $114.5M | $309.1M | 50x | as long as short |
| Gate HYPE_USDT | +0.0100% | 4h | 93.305 | −0.256% | $46.5M | $54.1M | 75x | as long as short |
| MEXC HYPE_USDT | +0.0100% | 4h | 93.321 | −0.239% | $90.7M | $80.5M | 100x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 93.320 | −0.240% | $46.1M | $18.9M | 75x | as long as short |
| BingX HYPE-USDT | +0.0100% | 4h | 93.308 | −0.252% | — | $53.8M | — | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 93.386 | −0.169% | $7.3M | $10.9M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 93.419 | −0.134% | $28.7M | $56.6M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 93.468 | −0.081% | $7.5M | $47.1M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 93.432 | −0.120% | $343K | $1.0M | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 93.453 | −0.097% | $669K | $2.9M | 20x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 93.393 | −0.162% | — | $243K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 93.339 | −0.219% | $502K | $2.7M | 20x | as long as short |
| Bluefin HYPE-PERP | +0.0100% | 1h | 93.325 | −0.234% | $79K | $166K | 20x | as long as short |
| Derive HYPE-PERP | +0.0100% | 1h | 93.321 | −0.239% | $16.1M | $7.5M | 10x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 93.299 | −0.262% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 93.331 | −0.228% | $2.0M | $1.9M | 10x | as long as short |
| HTX HYPE-USDT | +0.0100% | 4h | 93.500 | −0.047% | $1.4M | $6.4M | 75x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 93.344 | −0.214% | $215K | $15K | 10x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 93.307 | −0.253% | $18.2M | $43.2M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0104% | 1h | 93.328 | −0.232% | $395K | $161K | 20x | as long as short |
| Kalshi KXHYPEPERP | +0.0105% | 8h | 93.414 | −0.139% | $1.8M | $5.6M | 2.3x | as long as short |
| Injective HYPE/USDC PERP | +0.0122% | 1h | 93.330 | −0.229% | $30K | $339K | 12x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0144% | 1h | 93.440 | −0.111% | $4.8M | $5.6M | 50x | as long as short |
| Reya HYPERUSDPERP | +0.0268% | 1h | 93.306 | −0.254% | $80K | $131K | 15x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0332% / S −0.0154% | 1h | 93.340 | −0.219% | $1.4M | — | 100x | as long as short |
| BloFin HYPE-USDT | +0.0340% | 4h | 93.333 | −0.226% | $16.8M | $11.9M | 75x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0341% | 1h | 93.414 | −0.139% | $20.8M | $29.6M | 50x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0457% | 1h | 93.433 | −0.119% | $7.5M | $4.0M | 50x | as long as short |
| RISEx HYPE/USDC | +0.0527% | 1h | 93.387 | −0.168% | $3.2M | $6.2M | 20x | as long as short |
Arcus HYPE-USD
Bitget HYPEUSDT
Bybit HYPEUSDT
Phoenix HYPE
Phemex HYPEUSDT
Paradex HYPE-USD-PERP
Lighter HYPE
Lighter RH HYPE
Popdex HYPEUSDT
Katana Perps HYPE-USD
Nado HYPE-PERP
Hyperliquid HYPE
Aster HYPEUSDT
Pacifica HYPE
Binance HYPEUSDT
OKX HYPE-USDT-SWAP
Gate HYPE_USDT
MEXC HYPE_USDT
KuCoin HYPEUSDTM
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
Derive HYPE-PERP
SunX HYPE-USDT
SoDEX HYPE-USD
HTX HYPE-USDT
Bulk HYPE-USD
Extended HYPE-USD
Aevo HYPE-PERP
Kalshi KXHYPEPERP
Injective HYPE/USDC PERP
Coinbase International HYPE-PERP-INTX
Reya HYPERUSDPERP
GMX HYPE/USD [WBTC.b-USDC]
BloFin HYPE-USDT
Kraken Futures PF_HYPEUSD
Deribit HYPE_USDC-PERPETUAL
RISEx HYPE/USDC