Funding you earn now, next payment 08:00 UTC+0.0006%/8h= +0.6% APRnext payment +$0.03 per $10,000 · paid last 24h +0.047%
Price spread now: HTX against edgeX+0.701%77s7-day average +0.054% · you sell dearer than you buy
Net, funding: paid 7d − costs−$27as 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−$310.309% of the position
Funding, last 7 days+0.040%+$4 on $10k
+Price spread, last 4 days (all we have)−0.692%−$69 · spread now +0.701%, 7d avg +0.054%
=Together, before fees−0.652%+ Points / potential airdropedgeX: Active · farm board−$65 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: HTX is 0.646% dearer against edgeX than usual: you sell high and buy low, +$65 on $10k if it goes back to its 7-day average of +0.054%. The two prices were read 77 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 | 93.626 | 0.0094 | pay 0.0047% / 4h | 2h 16m | $5.0M | $29.9M | 30x |
| Short | HTX HYPE-USDT | 94.282 | 0.0100 | get 0.0050% / 4h | 2h 16m | $1.4M | $6.5M | 75x |
edgeX HYPEUSDC
HTX HYPE-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX 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
- $1.18
- Price spread: +0.701% → +0.054%
- $64.63
- Slippage, 4 orders
- −$9.87
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- $34.94
- Costs to cover
- 0.309%
- Break-even
- from the start
Slippage from edgeX: live order book, 3 min ago; HTX: live order book, 3 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, 3 min ago | 0.32 bp | 4.8 bp −$5 | 5.2 bp −$52 | 180.1 bp −$18.0K | doesn't fit |
| Sell HTX live order book, 3 min ago | 1.65 bp | 11.3 bp −$11 | 16.9 bp −$169 | 55.3 bp −$5,531 | 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 | −0.1344% | 1h | 94.079 | +0.484% | $199K | $239K | 7x | as long as short |
| Aftermath Perps HYPEUSD | −0.0409% | 1h | 93.796 | +0.182% | $22K | $21K | 10x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 94.130 | +0.538% | $3K | $331 | 25x | as long as short |
| Bullet HYPE-USD | −0.0026% | 1h | 94.146 | +0.555% | $112K | $580K | 20x | as long as short |
| Orderly PERP_HYPE_USDC | −0.0018% | 4h | 94.107 | +0.514% | $147K | $678K | 20x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 94.183 | +0.595% | $129K | $29K | 5x | as long as short |
| 01 Exchange HYPEUSD | 0.0000% | 1h | 94.178 | +0.590% | $87K | $371K | 20x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 94.160 | +0.570% | $23K | $290K | 10x | as long as short |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0002% | 1h | 94.160 | +0.570% | $63K | — | 150x | as long as short |
| Arcus HYPE-USD | +0.0011% | 1h | 94.129 | +0.537% | $1.0M | $3.9M | 10x | as long as short |
Hibachi HYPE/USDT-P
Aftermath Perps HYPEUSD
Hotstuff HYPE-PERP
Bullet HYPE-USD
Orderly PERP_HYPE_USDC
dYdX HYPE-USD
01 Exchange HYPEUSD
Perpl HYPE
gTrade (Gains Network) HYPE/USD
Arcus HYPE-USDShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget HYPEUSDT | +0.0016% | 4h | 94.116 | +0.523% | $227.0M | $99.3M | 75x | as long as short |
| Bybit HYPEUSDT | +0.0022% | 8h | 94.108 | +0.515% | $319.3M | $283.9M | 75x | as long as short |
| Phemex HYPEUSDT | +0.0024% | 8h | 94.153 | +0.563% | $12.8M | $2.8M | 50x | as long as short |
| Phoenix HYPE | +0.0026% | 1h | 94.174 | +0.585% | $209K | $1.2M | 10x | as long as short |
| Ondo Perps HYPE-USD.P | +0.0058% | 1h | 94.070 | +0.474% | $709K | $1.2M | 10x | as long as short |
| edgeX HYPEUSDClong | +0.0094% | 4h | 93.626 | long leg | $5.0M | $29.9M | 30x | |
| Paradex HYPE-USD-PERP | +0.0095% | 8h | 94.178 | +0.589% | $342K | $158K | 20x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 94.132 | +0.540% | $16.3M | $63.5M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 94.136 | +0.545% | $3.1M | $11.5M | 20x | as long as short |
| Popdex HYPEUSDT | +0.0096% | 1h | 94.161 | +0.571% | $72K | $1.2M | 50x | as long as short |
| Katana Perps HYPE-USD | +0.0100% | 8h | 94.130 | +0.538% | $28K | $1.7M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 94.119 | +0.527% | $7.3M | $48.9M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 94.208 | +0.622% | $2.06B | $674.8M | 10x | as long as short |
| Aster HYPEUSDT | +0.0100% | 4h | 94.145 | +0.554% | $8.8M | $36.5M | 300x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 94.183 | +0.595% | $10.1M | $15.4M | 20x | as long as short |
| Binance HYPEUSDT | +0.0100% | 4h | 94.133 | +0.542% | $377.9M | $918.9M | 75x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0100% | 8h | 94.130 | +0.538% | $116.2M | $315.0M | 50x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 93.358 | −0.286% | $216K | $15K | 10x | as long as short |
| Gate HYPE_USDT | +0.0100% | 4h | 94.127 | +0.535% | $48.0M | $55.1M | 75x | as long as short |
| MEXC HYPE_USDT | +0.0100% | 4h | 94.140 | +0.549% | $90.5M | $81.8M | 100x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 94.143 | +0.552% | $46.5M | $18.9M | 75x | as long as short |
| BingX HYPE-USDT | +0.0100% | 4h | 94.121 | +0.529% | — | $53.6M | — | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 94.162 | +0.573% | $7.2M | $10.7M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 93.699 | +0.078% | $28.6M | $56.2M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 93.979 | +0.377% | $7.7M | $48.0M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 93.939 | +0.334% | $345K | $993K | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 94.161 | +0.571% | $674K | $2.8M | 20x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 94.213 | +0.627% | — | $243K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 94.173 | +0.584% | $482K | $2.7M | 20x | as long as short |
| Bluefin HYPE-PERP | +0.0100% | 1h | 94.135 | +0.544% | $80K | $165K | 20x | as long as short |
| Derive HYPE-PERP | +0.0100% | 1h | 94.114 | +0.521% | $16.2M | $7.4M | 10x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 94.216 | +0.630% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 94.128 | +0.536% | $2.0M | $1.9M | 10x | as long as short |
| HTX HYPE-USDTshort | +0.0100% | 4h | 94.282 | +0.701% | $1.4M | $6.5M | 75x | |
| Extended HYPE-USD | +0.0104% | 1h | 94.090 | +0.496% | $18.3M | $43.2M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0104% | 1h | 94.137 | +0.546% | $398K | $159K | 20x | as long as short |
| Kalshi KXHYPEPERP | +0.0122% | 8h | 94.194 | +0.607% | $1.8M | $5.6M | 2.3x | as long as short |
| Injective HYPE/USDC PERP | +0.0122% | 1h | 94.310 | +0.731% | $30K | $339K | 12x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0144% | 1h | 94.150 | +0.560% | $4.7M | $6.0M | 50x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0207% | 1h | 94.198 | +0.611% | $7.5M | $4.1M | 50x | as long as short |
| Reya HYPERUSDPERP | +0.0270% | 1h | 94.141 | +0.550% | $81K | $127K | 15x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0333% / S −0.0154% | 1h | 94.154 | +0.564% | $1.4M | — | 100x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0338% | 1h | 94.206 | +0.619% | $21.0M | $29.6M | 50x | as long as short |
| BloFin HYPE-USDT | +0.0340% | 4h | 94.137 | +0.546% | $16.8M | $12.1M | 75x | as long as short |
| RISEx HYPE/USDC | +0.0527% | 1h | 94.226 | +0.641% | $3.2M | $6.3M | 20x | as long as short |
Bitget HYPEUSDT
Bybit HYPEUSDT
Phemex HYPEUSDT
Phoenix HYPE
Ondo Perps HYPE-USD.P
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
Bulk HYPE-USD
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
Extended HYPE-USD
Aevo HYPE-PERP
Kalshi KXHYPEPERP
Injective HYPE/USDC PERP
Coinbase International HYPE-PERP-INTX
Deribit HYPE_USDC-PERPETUAL
Reya HYPERUSDPERP
GMX HYPE/USD [WBTC.b-USDC]
Kraken Futures PF_HYPEUSD
BloFin HYPE-USDT
RISEx HYPE/USDC