Settings8H · net · $10k
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Funding arb · Price arb /

HYPE

all HYPE markets
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Alert: funding
Measured
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Alert: spread
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Funding you earn now, next payment 08:00 UTC+0.0006%/8h= +0.6% APRnext payment +$0.03 per $10,000 · paid last 24h −0.002%
Price spread now: MEXC against edgeX+0.334%7-day average +0.041% · you sell dearer than you buy
Net, funding: paid 7d − costs−$16as in the Funding arb table
Net, price: spread back to 7d avg − costs+$15as in the Price arb table
costs, in and out, $10k−$140.145% of the position
Long on edgeXShort on MEXC
What this pair did over the last
the charts below follow
Funding, last 7 days−0.018%−$2 on $10k
Price spread, last 7 days−0.308%−$31 · spread now +0.334%, 7d avg +0.041%
Together, before fees−0.327%+ Points / potential airdropedgeX: Active · farm board−$33 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: MEXC is 0.294% dearer against edgeX than usual: you sell high and buy low, +$29 on $10k if it goes back to its 7-day average of +0.041%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX HYPEUSDC93.6260.0094pay 0.0047% / 4h2h 19m$5.0M$29.9M30x
ShortMEXC HYPE_USDT93.9390.0100get 0.0050% / 4h2h 19m$90.5M$81.6M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against edgeX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
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: +0.334% → +0.041%
$29.38
Slippage, 4 orders
−$1.45
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee MEXC: 2 bp × 2 orders
−$4
Net
$16.11
Costs to cover
0.145%
Break-even
from the start
Slippage from edgeX: live order book, 5 min ago; MEXC: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy edgeX live order book, 5 min ago0.32 bp4.8 bp −$55.0 bp −$50147.7 bp −$14.8Kdoesn't fit
Sell MEXC live order book, 5 min ago0.21 bp2.6 bp −$33.5 bp −$3513.8 bp −$1,38132.0 bp −$16.0K

HYPE on 55 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hibachi HYPE/USDT-P−0.1376%1h93.862+0.252%$199K$239K7xas long as short
Aftermath Perps HYPEUSD−0.0422%1h93.426−0.213%$22K$21K10xas long as short
Hotstuff HYPE-PERP−0.0080%1h93.906+0.299%$3K$33125xas long as short
Bullet HYPE-USD−0.0044%1h93.935+0.331%$112K$581K20xas long as short
Orderly PERP_HYPE_USDC−0.0019%4h93.885+0.277%$146K$672K20xas long as short
dYdX HYPE-USD0.0000%1h93.915+0.308%$129K$29K5xas long as short
01 Exchange HYPEUSD0.0000%1h93.948+0.344%$88K$365K20xas long as short
Perpl HYPE0.0000%43m93.951+0.347%$22K$290K10xas long as short
gTrade (Gains Network) HYPE/USDL +0.0002% / S −0.0002%1h93.957+0.354%$62K—150xas long as short
Arcus HYPE-USD+0.0011%1h93.888+0.280%$1.0M$3.9M10xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget HYPEUSDT+0.0014%4h93.919+0.313%$226.7M$98.9M75xas long as short
Bybit HYPEUSDT+0.0020%8h93.900+0.293%$318.8M$283.1M75xas long as short
Phoenix HYPE+0.0026%1h93.624−0.002%$208K$1.2M10xas long as short
Phemex HYPEUSDT+0.0029%8h93.881+0.272%$12.8M$2.8M50xas long as short
Ondo Perps HYPE-USD.P+0.0047%1h93.870+0.261%$704K$1.2M10xas long as short
edgeX HYPEUSDClong+0.0094%4h93.626long leg$5.0M$29.9M30x
Paradex HYPE-USD-PERP+0.0094%8h93.987+0.385%$342K$157K20xas long as short
Lighter HYPE+0.0096%1h93.952+0.349%$16.2M$63.3M20xas long as short
Lighter RH HYPE+0.0096%1h93.952+0.348%$3.1M$11.5M20xas long as short
Popdex HYPEUSDT+0.0096%1h93.930+0.325%$73K$1.2M50xas long as short
Katana Perps HYPE-USD+0.0100%8h93.750+0.132%$28K$1.7M10xas long as short
Nado HYPE-PERP+0.0100%1h93.910+0.304%$7.8M$48.5M10xas long as short
Hyperliquid HYPE+0.0100%1h93.986+0.385%$2.05B$670.6M10xas long as short
Aster HYPEUSDT+0.0100%4h93.943+0.338%$8.8M$36.4M300xas long as short
Pacifica HYPE+0.0100%1h93.970+0.367%$10.1M$15.4M20xas long as short
Binance HYPEUSDT+0.0100%4h93.914+0.308%$376.6M$915.7M75xas long as short
OKX HYPE-USDT-SWAP+0.0100%8h93.925+0.319%$115.8M$313.1M50xas long as short
Bulk HYPE-USD+0.0100%1h93.358−0.286%$216K$15K10xas long as short
Gate HYPE_USDT+0.0100%4h93.946+0.342%$47.3M$54.6M75xas long as short
MEXC HYPE_USDTshort+0.0100%4h93.939+0.334%$90.5M$81.6M100x
KuCoin HYPEUSDTM+0.0100%4h93.959+0.356%$46.4M$18.9M75xas long as short
BingX HYPE-USDT+0.0100%4h93.934+0.329%—$53.9M—as long as short
Backpack HYPE_USDC_PERP+0.0100%1h93.925+0.319%$7.2M$10.7M20xas long as short
Variational Omni HYPE+0.0100%8h93.699+0.078%$28.6M$56.2M—as long as short
GRVT HYPE_USDT_Perp+0.0100%4h93.275−0.375%$7.5M$47.3M10xas long as short
ApeX Omni HYPEUSDT+0.0100%1h93.227−0.426%$342K$997K50xas long as short
StandX HYPE-USD+0.0100%1h93.924+0.318%$672K$2.8M20xas long as short
Vest HYPE-PERP+0.0100%1h93.976+0.373%—$243K5xas long as short
Polymarket Perps HYPE-USD+0.0100%1h93.953+0.349%$482K$2.7M20xas long as short
Bluefin HYPE-PERP+0.0100%1h93.953+0.349%$80K$166K20xas long as short
Derive HYPE-PERP+0.0100%1h93.902+0.295%$16.2M$7.4M10xas long as short
SunX HYPE-USDT+0.0100%4h93.967+0.364%$33K$1.6M20xas long as short
SoDEX HYPE-USD+0.0100%1h93.918+0.312%$2.0M$1.9M10xas long as short
HTX HYPE-USDT+0.0100%4h94.051+0.454%$1.4M$6.5M75xas long as short
Extended HYPE-USD+0.0104%1h93.909+0.303%$18.2M$43.2M50xas long as short
Aevo HYPE-PERP+0.0104%1h93.939+0.334%$397K$158K20xas long as short
Kalshi KXHYPEPERP+0.0113%8h93.839+0.228%$1.8M$5.6M2.3xas long as short
Injective HYPE/USDC PERP+0.0122%1h93.620−0.006%$30K$339K12xas long as short
Coinbase International HYPE-PERP-INTX+0.0144%1h94.000+0.400%$4.6M$5.8M50xas long as short
Reya HYPERUSDPERP+0.0270%1h93.934+0.329%$80K$127K15xas long as short
GMX HYPE/USD [WBTC.b-USDC]L +0.0333% / S −0.0154%1h93.948+0.344%$1.4M—100xas long as short
Kraken Futures PF_HYPEUSD+0.0339%1h93.984+0.383%$21.0M$29.5M50xas long as short
BloFin HYPE-USDT+0.0340%4h93.730+0.111%$16.8M$12.0M75xas long as short
Deribit HYPE_USDC-PERPETUAL+0.0378%1h93.998+0.397%$7.5M$4.1M50xas long as short
RISEx HYPE/USDC+0.0527%1h93.956+0.353%$3.2M$6.3M20xas long as short