Funding you earn now, next payment 23:00 UTC+0.0153%/8h= +16.8% APRpaid last 24h +0.062%
Price spread now: Injective against edgeX+0.267%7-day average +0.180% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+2.290%+$229 on $10k
+Price spread, last 3 days (all we have)−0.356%−$36 · spread now +0.267%, 7d avg +0.180%
=Together, before fees+1.934%+ Points / potential airdropedgeX: Active · farm board+$193 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Injective is 0.087% dearer against edgeX than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.180%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX HYPEUSDC | 93.171 | 0.0085 | pay 0.0043% / 4h | 1h 12m | $5.1M | $29.7M | 30x |
| Short | Injective HYPE/USDC PERP | 93.420 | 0.0239 | get 0.0030% / 1h | 12m 24s | $30K | $338K | 12x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- $32.2
- Price spread: +0.267% → +0.180%
- $8.68
- Slippage, 4 orders
- no order book: not counted
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $31.86
- Costs to cover
- 0.090%
- Break-even
- 0.1 days
Slippage unknown: edgeX: live order book, 2 min ago; Injective: live order book, 7 min ago. 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 | 145.4 bp −$14.5K | doesn't fit |
| Sell Injective live order book, 7 min ago | 9.65 bp | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps HYPEUSD | −0.0450% | 1h | 93.258 | +0.093% | $22K | $22K | 10x | as long as short |
| Hibachi HYPE/USDT-P | −0.0376% | 1h | 93.322 | +0.162% | $197K | $230K | 7x | as long as short |
| Arcus HYPE-USD | −0.0131% | 1h | 93.251 | +0.085% | $1.2M | $3.9M | 10x | as long as short |
| Ondo Perps HYPE-USD.P | −0.0122% | 1h | 93.260 | +0.095% | $699K | $933K | 10x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 93.313 | +0.152% | $3K | $331 | 25x | as long as short |
| 01 Exchange HYPEUSD | −0.0024% | 1h | 93.348 | +0.189% | $91K | $359K | 20x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 93.308 | +0.146% | $127K | $32K | 5x | as long as short |
| Popdex HYPEUSDT | 0.0000% | 1h | 93.317 | +0.156% | $57K | $1.2M | 50x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 93.310 | +0.149% | $23K | $330K | 10x | as long as short |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0002% | 1h | 93.351 | +0.193% | $27K | — | 150x | as long as short |
Show all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster HYPEUSDT | +0.0004% | 4h | 93.321 | +0.161% | $8.9M | $35.8M | 300x | as long as short |
| Orderly PERP_HYPE_USDC | +0.0019% | 4h | 93.339 | +0.180% | $176K | $524K | 20x | as long as short |
| Bybit HYPEUSDT | +0.0022% | 8h | 93.310 | +0.149% | $323.2M | $283.8M | 75x | as long as short |
| Phoenix HYPE | +0.0034% | 1h | 93.249 | +0.083% | $214K | $1.2M | 10x | as long as short |
| Bullet HYPE-USD | +0.0042% | 1h | 93.323 | +0.162% | $112K | $578K | 20x | as long as short |
| Derive HYPE-PERP | +0.0047% | 1h | 93.257 | +0.092% | $16.3M | $7.0M | 10x | as long as short |
| Gate HYPE_USDT | +0.0062% | 4h | 93.313 | +0.152% | $44.0M | $58.7M | 75x | as long as short |
| MEXC HYPE_USDT | +0.0066% | 4h | 93.321 | +0.160% | $90.2M | $82.3M | 100x | as long as short |
| Binance HYPEUSDT | +0.0067% | 4h | 93.323 | +0.163% | $383.1M | $889.8M | 75x | as long as short |
| edgeX HYPEUSDClong | +0.0085% | 4h | 93.171 | long leg | $5.1M | $29.7M | 30x | |
| Lighter HYPE | +0.0096% | 1h | 93.369 | +0.212% | $18.6M | $59.0M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 93.352 | +0.194% | $3.1M | $12.2M | 20x | as long as short |
| Aevo HYPE-PERP | +0.0096% | 1h | 93.315 | +0.154% | $397K | $318K | 20x | as long as short |
| Paradex HYPE-USD-PERP | +0.0099% | 8h | 93.319 | +0.158% | $339K | $170K | 20x | as long as short |
| Katana Perps HYPE-USD | +0.0100% | 8h | 93.300 | +0.138% | $35K | $1.6M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 93.322 | +0.161% | $5.9M | $44.1M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 93.353 | +0.195% | $2.03B | $669.9M | 10x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 93.343 | +0.184% | $10.0M | $14.4M | 20x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0100% | 8h | 93.309 | +0.148% | $114.3M | $313.3M | 50x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 93.232 | +0.065% | $204K | $8K | 10x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 93.333 | +0.173% | $47.0M | $18.7M | 75x | as long as short |
| Bitget HYPEUSDT | +0.0100% | 4h | 93.345 | +0.186% | $226.4M | $102.8M | 75x | as long as short |
| BingX HYPE-USDT | +0.0100% | 4h | 93.322 | +0.162% | — | $53.7M | — | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 93.339 | +0.180% | $7.9M | $10.6M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 93.203 | +0.034% | $29.0M | $50.5M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 93.199 | +0.030% | $7.5M | $46.0M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 93.153 | −0.020% | $414K | $1.0M | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 93.317 | +0.156% | $675K | $2.5M | 20x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 93.355 | +0.197% | — | $454K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 93.351 | +0.193% | $494K | $2.5M | 20x | as long as short |
| Bluefin HYPE-PERP | +0.0100% | 1h | 93.321 | +0.160% | $75K | $167K | 20x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 93.349 | +0.191% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 93.310 | +0.149% | $2.0M | $2.0M | 10x | as long as short |
| Phemex HYPEUSDT | +0.0100% | 8h | 93.278 | +0.114% | $12.7M | $2.6M | 50x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 93.284 | +0.120% | $18.2M | $41.7M | 50x | as long as short |
| Kalshi KXHYPEPERP | +0.0119% | 8h | 93.367 | +0.210% | $1.9M | $5.2M | 2.3x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0176% | 1h | 93.440 | +0.288% | $4.9M | $5.7M | 50x | as long as short |
| HTX HYPE-USDT | +0.0229% | 4h | 93.513 | +0.367% | $1.5M | $7.7M | 75x | as long as short |
| Injective HYPE/USDC PERPshort | +0.0239% | 1h | 93.420 | +0.267% | $30K | $338K | 12x | |
| Reya HYPERUSDPERP | +0.0247% | 1h | 93.322 | +0.162% | $77K | $159K | 15x | as long as short |
| BloFin HYPE-USDT | +0.0268% | 4h | 93.316 | +0.155% | $16.8M | $12.4M | 75x | as long as short |
| RISEx HYPE/USDC | +0.0280% | 1h | 93.373 | +0.216% | $2.7M | $6.8M | 20x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0339% / S −0.0165% | 1h | 93.349 | +0.190% | $1.4M | — | 100x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0371% | 1h | 93.407 | +0.253% | $7.4M | $4.6M | 50x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0465% | 1h | 93.439 | +0.288% | $20.9M | $29.0M | 50x | as long as short |
edgeX HYPEUSDC
Injective HYPE/USDC PERP
Aftermath Perps HYPEUSD
01 Exchange HYPEUSD
Popdex HYPEUSDT
gTrade (Gains Network) HYPE/USD
Aster HYPEUSDT
Bybit HYPEUSDT
Phoenix HYPE
Bullet HYPE-USD
Derive HYPE-PERP
Gate HYPE_USDT
MEXC HYPE_USDT
Binance HYPEUSDT
Lighter HYPE
Lighter RH HYPE
Paradex HYPE-USD-PERP
Katana Perps HYPE-USD
Hyperliquid HYPE
Pacifica HYPE
OKX HYPE-USDT-SWAP
Bulk HYPE-USD
KuCoin HYPEUSDTM
Bitget HYPEUSDT
BingX HYPE-USDT
Backpack HYPE_USDC_PERP
Variational Omni HYPE
GRVT HYPE_USDT_Perp
ApeX Omni HYPEUSDT
StandX HYPE-USD
Polymarket Perps HYPE-USD
Bluefin HYPE-PERP
SunX HYPE-USDT
SoDEX HYPE-USD
Phemex HYPEUSDT
Extended HYPE-USD
Kalshi KXHYPEPERP
Coinbase International HYPE-PERP-INTX
HTX HYPE-USDT
BloFin HYPE-USDT
RISEx HYPE/USDC
GMX HYPE/USD [WBTC.b-USDC]
Deribit HYPE_USDC-PERPETUAL
Kraken Futures PF_HYPEUSD