Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.049%
Price spread now: Hyperliquid against edgeX+0.501%7-day average +0.043% · you sell dearer than you buy
Net, funding: paid 7d − costs−$23as in the Funding arb table
Net, price: spread back to 7d avg − costs+$16as in the Price arb table
costs, in and out, $10k−$300.296% of the position
Funding, last 7 days+0.067%+$7 on $10k
+Price spread, last 7 days−0.497%−$50 · spread now +0.501%, 7d avg +0.043%
=Together, before fees−0.430%+ Points / potential airdropedgeX: Active · Hyperliquid: Season 2 · farm board−$43 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: Hyperliquid is 0.459% dearer against edgeX than usual: you sell high and buy low, +$46 on $10k if it goes back to its 7-day average of +0.043%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX HYPEUSDC | 92.417 | 0.0100 | pay 0.0050% / 4h | 55m 05s | $5.0M | $29.1M | 30x |
| Short | Hyperliquid HYPE | 92.880 | 0.0100 | get 0.0013% / 1h | 55m 05s | $2.02B | $659.1M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid 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
- $0.03
- Price spread: +0.501% → +0.043%
- $45.86
- Slippage, 4 orders
- −$11.63
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $16.26
- Costs to cover
- 0.296%
- Break-even
- from the start
Slippage from edgeX: live order book, 4 min ago; Hyperliquid: live order book, 9 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, 4 min ago | 0.38 bp | 4.9 bp −$5 | 5.1 bp −$51 | 145.9 bp −$14.6K | doesn't fit |
| Sell Hyperliquid live order book, 9 min ago | 2.64 bp | 7.1 bp −$7 | doesn't fit | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Arcus HYPE-USD | −0.0948% | 1h | 92.690 | +0.296% | $1.2M | $3.8M | 10x | as long as short |
| Hibachi HYPE/USDT-P | −0.0800% | 1h | 92.839 | +0.457% | $195K | $227K | 7x | as long as short |
| 01 Exchange HYPEUSD | −0.0128% | 1h | 92.809 | +0.425% | $86K | $351K | 20x | as long as short |
| Aftermath Perps HYPEUSD | −0.0091% | 1h | 92.736 | +0.346% | $22K | $21K | 10x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 92.869 | +0.489% | $3K | $331 | 25x | as long as short |
| Bullet HYPE-USD | −0.0066% | 1h | 92.786 | +0.400% | $111K | $579K | 20x | as long as short |
| Orderly PERP_HYPE_USDC | −0.0062% | 4h | 92.802 | +0.417% | $158K | $663K | 20x | as long as short |
| Ondo Perps HYPE-USD.P | −0.0030% | 1h | 92.340 | −0.083% | $699K | $1.1M | 10x | as long as short |
| Aster HYPEUSDT | −0.0004% | 4h | 92.831 | +0.448% | $8.7M | $36.2M | 300x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 92.870 | +0.490% | $127K | $31K | 5x | as long as short |
Show all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Perpl HYPE | 0.0000% | 43m | 92.826 | +0.443% | $23K | $309K | 10x | as long as short |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0002% | 1h | 92.835 | +0.452% | $62K | — | 150x | as long as short |
| Derive HYPE-PERP | +0.0010% | 1h | 92.778 | +0.391% | $16.1M | $7.5M | 10x | as long as short |
| Phemex HYPEUSDT | +0.0011% | 8h | 92.809 | +0.425% | $12.5M | $2.7M | 50x | as long as short |
| Phoenix HYPE | +0.0026% | 1h | 92.584 | +0.181% | $210K | $1.2M | 10x | as long as short |
| BingX HYPE-USDT | +0.0030% | 4h | 92.808 | +0.423% | — | $53.2M | — | as long as short |
| Bybit HYPEUSDT | +0.0039% | 8h | 92.815 | +0.431% | $318.6M | $278.9M | 75x | as long as short |
| Gate HYPE_USDT | +0.0052% | 4h | 92.826 | +0.443% | $44.5M | $54.4M | 75x | as long as short |
| ApeX Omni HYPEUSDT | +0.0068% | 1h | 92.356 | −0.066% | $337K | $1.0M | 50x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0073% | 8h | 92.816 | +0.432% | $113.4M | $301.2M | 50x | as long as short |
| MEXC HYPE_USDT | +0.0076% | 4h | 92.820 | +0.436% | $87.9M | $80.1M | 100x | as long as short |
| Binance HYPEUSDT | +0.0086% | 4h | 92.818 | +0.434% | $373.3M | $891.8M | 75x | as long as short |
| Paradex HYPE-USD-PERP | +0.0093% | 8h | 92.851 | +0.470% | $339K | $162K | 20x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 92.817 | +0.433% | $16.1M | $61.9M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 92.822 | +0.439% | $3.1M | $11.6M | 20x | as long as short |
| Popdex HYPEUSDT | +0.0096% | 1h | 92.798 | +0.413% | $68K | $1.2M | 50x | as long as short |
| Katana Perps HYPE-USD | +0.0100% | 8h | 92.820 | +0.436% | $14K | $1.6M | 10x | as long as short |
| edgeX HYPEUSDClong | +0.0100% | 4h | 92.417 | long leg | $5.0M | $29.1M | 30x | |
| Nado HYPE-PERP | +0.0100% | 1h | 92.790 | +0.405% | $5.8M | $43.1M | 10x | as long as short |
| Hyperliquid HYPEshort | +0.0100% | 1h | 92.880 | +0.501% | $2.02B | $659.1M | 10x | |
| Pacifica HYPE | +0.0100% | 1h | 92.832 | +0.450% | $10.0M | $14.9M | 20x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 92.834 | +0.452% | $46.0M | $18.3M | 75x | as long as short |
| Bitget HYPEUSDT | +0.0100% | 4h | 92.809 | +0.425% | $224.6M | $97.5M | 75x | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 92.811 | +0.427% | $7.4M | $10.0M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 92.820 | +0.436% | $28.4M | $57.0M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 92.596 | +0.194% | $7.5M | $45.7M | 10x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 92.779 | +0.392% | $665K | $2.7M | 20x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 92.823 | +0.439% | — | $243K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 92.828 | +0.445% | $469K | $2.5M | 20x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 92.861 | +0.481% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 92.794 | +0.408% | $2.0M | $2.0M | 10x | as long as short |
| HTX HYPE-USDT | +0.0100% | 4h | 92.986 | +0.616% | $1.4M | $6.2M | 75x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 92.810 | +0.426% | $202K | $13K | 10x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 92.773 | +0.386% | $18.2M | $43.3M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0104% | 1h | 92.802 | +0.417% | $392K | $164K | 20x | as long as short |
| Injective HYPE/USDC PERP | +0.0150% | 1h | 92.730 | +0.339% | $30K | $339K | 12x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0160% | 1h | 92.850 | +0.469% | $4.7M | $5.5M | 50x | as long as short |
| Reya HYPERUSDPERP | +0.0260% | 1h | 92.789 | +0.403% | $79K | $140K | 15x | as long as short |
| Kalshi KXHYPEPERP | +0.0263% | 8h | 92.884 | +0.506% | $1.8M | $5.4M | 2.3x | as long as short |
| BloFin HYPE-USDT | +0.0326% | 4h | 92.812 | +0.428% | $16.9M | $11.5M | 75x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0330% / S −0.0153% | 1h | 92.822 | +0.438% | $1.4M | — | 100x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0331% | 1h | 92.870 | +0.490% | $20.7M | $30.3M | 50x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0407% | 1h | 92.891 | +0.513% | $7.5M | $4.4M | 50x | as long as short |
| RISEx HYPE/USDC | +0.0687% | 1h | 92.885 | +0.507% | $3.2M | $6.4M | 20x | as long as short |
| Bluefin HYPE-PERP | +0.3594% | 1h | 92.823 | +0.440% | $79K | $169K | 20x | as long as short |
edgeX HYPEUSDC
Hyperliquid HYPE
01 Exchange HYPEUSD
Aftermath Perps HYPEUSD
Bullet HYPE-USD
Aster HYPEUSDT
gTrade (Gains Network) HYPE/USD
Derive HYPE-PERP
Phemex HYPEUSDT
Phoenix HYPE
BingX HYPE-USDT
Bybit HYPEUSDT
Gate HYPE_USDT
ApeX Omni HYPEUSDT
OKX HYPE-USDT-SWAP
MEXC HYPE_USDT
Binance HYPEUSDT
Paradex HYPE-USD-PERP
Lighter HYPE
Lighter RH HYPE
Popdex HYPEUSDT
Katana Perps HYPE-USD
Pacifica HYPE
KuCoin HYPEUSDTM
Bitget HYPEUSDT
Backpack HYPE_USDC_PERP
Variational Omni HYPE
GRVT HYPE_USDT_Perp
StandX HYPE-USD
Polymarket Perps HYPE-USD
SunX HYPE-USDT
SoDEX HYPE-USD
HTX HYPE-USDT
Bulk HYPE-USD
Extended HYPE-USD
Injective HYPE/USDC PERP
Coinbase International HYPE-PERP-INTX
Kalshi KXHYPEPERP
BloFin HYPE-USDT
GMX HYPE/USD [WBTC.b-USDC]
Kraken Futures PF_HYPEUSD
Deribit HYPE_USDC-PERPETUAL
RISEx HYPE/USDC
Bluefin HYPE-PERP