Funding you earn now, next payment 01:00 UTC+0.0077%/8h= +8.4% APRpaid last 24h +0.057%
Price spread now: BloFin against Extended−0.013%54s7-day average +0.046% · you buy dearer than you sell
Net, funding: paid 7d − costs+$24as 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−$200.196% of the position
Funding, last 7 days+0.437%+$44 on $10k
+Price spread, last 3 days (all we have)−0.006%−$1 · spread now −0.013%, 7d avg +0.046%
=Together, before fees+0.431%+ Points / potential airdropExtended: Active · farm board+$43 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.059% cheaper against Extended than usual: you would sell low and buy high (spread −0.013% now, against its 7-day average of +0.046%). If the spread goes back, that is −$6 on $10k: about 2.6 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.437% in total) that is about 23 hours. The two prices were read 54 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 | Extended HYPE-USD | 94.084 | 0.0104 | pay 0.0013% / 1h | 14m 00s | $18.4M | $45.4M | 50x |
| Short | BloFin HYPE-USDT | 94.072 | 0.0181 | get 0.0090% / 4h | 3h 14m | $17.1M | $12.2M | 75x |
Extended HYPE-USD
BloFin HYPE-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Extended. 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
- $16.08
- Price spread: −0.013% → +0.046%
- −$5.92
- Slippage, 4 orders
- −$2.63
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$9.47
- Costs to cover
- 0.196%
- Break-even
- 11.1 days
Slippage from Extended: live order book, 5 min ago; BloFin: live order book, 5 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 Extended live order book, 5 min ago | 0.05 bp | 2.9 bp −$3 | 6.7 bp −$67 | 25.4 bp −$2,543 | doesn't fit |
| Sell BloFin live order book, 5 min ago | 0.27 bp | 7.4 bp −$7 | 7.5 bp −$75 | 12.1 bp −$1,211 | 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 | −0.1240% | 1h | 93.973 | −0.118% | $199K | $228K | 7x | as long as short |
| Arcus HYPE-USD | −0.0625% | 1h | 93.958 | −0.134% | $1.2M | $3.9M | 10x | as long as short |
| Aftermath Perps HYPEUSD | −0.0203% | 1h | 93.924 | −0.170% | $22K | $21K | 10x | as long as short |
| Phemex HYPEUSDT | −0.0144% | 8h | 94.067 | −0.018% | $12.8M | $2.6M | 50x | as long as short |
| Ondo Perps HYPE-USD.P | −0.0116% | 1h | 94.010 | −0.079% | $708K | $960K | 10x | as long as short |
| dYdX HYPE-USD | −0.0099% | 1h | 94.086 | +0.002% | $129K | $31K | 5x | as long as short |
| 01 Exchange HYPEUSD | −0.0088% | 1h | 94.079 | −0.006% | $85K | $361K | 20x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 94.066 | −0.019% | $3K | $331 | 25x | as long as short |
| Bullet HYPE-USD | −0.0071% | 1h | 94.050 | −0.036% | $113K | $581K | 20x | as long as short |
| Gate HYPE_USDT | −0.0034% | 4h | 94.110 | +0.027% | $44.6M | $60.2M | 75x | as long as short |
Hibachi HYPE/USDT-P
Arcus HYPE-USD
Aftermath Perps HYPEUSD
Phemex HYPEUSDT
Ondo Perps HYPE-USD.P
dYdX HYPE-USD
01 Exchange HYPEUSD
Hotstuff HYPE-PERP
Bullet HYPE-USD
Gate HYPE_USDTShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_HYPE_USDC | −0.0027% | 4h | 94.066 | −0.019% | $160K | $646K | 20x | as long as short |
| Bybit HYPEUSDT | −0.0011% | 8h | 94.030 | −0.058% | $323.6M | $280.7M | 75x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 94.082 | −0.002% | $23K | $326K | 10x | as long as short |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0003% | 1h | 94.099 | +0.016% | $27K | — | 150x | as long as short |
| Aster HYPEUSDT | +0.0008% | 4h | 94.126 | +0.044% | $8.9M | $36.1M | 300x | as long as short |
| Derive HYPE-PERP | +0.0017% | 1h | 94.042 | −0.045% | $16.4M | $7.3M | 10x | as long as short |
| Phoenix HYPE | +0.0034% | 1h | 93.678 | −0.432% | $218K | $1.2M | 10x | as long as short |
| MEXC HYPE_USDT | +0.0044% | 4h | 94.115 | +0.033% | $88.7M | $83.2M | 100x | as long as short |
| Binance HYPEUSDT | +0.0051% | 4h | 94.140 | +0.059% | $384.0M | $895.4M | 75x | as long as short |
| edgeX HYPEUSDC | +0.0062% | 4h | 93.602 | −0.512% | $5.1M | $30.1M | 30x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0075% | 8h | 94.025 | −0.063% | $116.3M | $316.6M | 50x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 94.132 | +0.050% | $19.1M | $60.2M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 94.115 | +0.033% | $3.0M | $12.2M | 20x | as long as short |
| Popdex HYPEUSDT | +0.0096% | 1h | 94.072 | −0.013% | $65K | $1.2M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0096% | 1h | 94.095 | +0.012% | $400K | $180K | 20x | as long as short |
| Paradex HYPE-USD-PERP | +0.0099% | 8h | 94.112 | +0.029% | $342K | $165K | 20x | as long as short |
| Katana Perps HYPE-USD | +0.0100% | 8h | 94.080 | −0.005% | $29K | $1.6M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 94.068 | −0.017% | $6.6M | $44.8M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 94.161 | +0.081% | $2.05B | $676.4M | 10x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 94.103 | +0.020% | $10.2M | $14.6M | 20x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 93.528 | −0.591% | $204K | $12K | 10x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 94.130 | +0.049% | $46.8M | $18.3M | 75x | as long as short |
| Bitget HYPEUSDT | +0.0100% | 4h | 94.125 | +0.043% | $228.0M | $101.0M | 75x | as long as short |
| BingX HYPE-USDT | +0.0100% | 4h | 94.121 | +0.039% | — | $54.0M | — | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 94.123 | +0.041% | $7.7M | $10.3M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 93.810 | −0.291% | $31.4M | $54.1M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 93.614 | −0.500% | $7.5M | $46.1M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 93.656 | −0.455% | $339K | $1.1M | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 93.843 | −0.256% | $670K | $2.6M | 20x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 94.085 | 0.000% | — | $243K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 94.100 | +0.017% | $475K | $2.5M | 20x | as long as short |
| Bluefin HYPE-PERP | +0.0100% | 1h | 94.104 | +0.021% | $76K | $171K | 20x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 94.141 | +0.060% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 94.108 | +0.025% | $2.0M | $2.0M | 10x | as long as short |
| Extended HYPE-USDlong | +0.0104% | 1h | 94.084 | long leg | $18.4M | $45.4M | 50x | |
| Coinbase International HYPE-PERP-INTX | +0.0144% | 1h | 94.140 | +0.059% | $4.9M | $5.5M | 50x | as long as short |
| BloFin HYPE-USDTshort | +0.0181% | 4h | 94.072 | −0.013% | $17.1M | $12.2M | 75x | |
| Injective HYPE/USDC PERP | +0.0205% | 1h | 94.490 | +0.431% | $31K | $338K | 12x | as long as short |
| RISEx HYPE/USDC | +0.0222% | 1h | 94.110 | +0.028% | $2.7M | $6.8M | 20x | as long as short |
| Kalshi KXHYPEPERP | +0.0232% | 8h | 94.152 | +0.072% | $1.9M | $5.1M | 2.3x | as long as short |
| Reya HYPERUSDPERP | +0.0252% | 1h | 94.059 | −0.027% | $79K | $143K | 15x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0335% / S −0.0156% | 1h | 94.094 | +0.010% | $1.4M | — | 100x | as long as short |
| HTX HYPE-USDT | +0.0381% | 4h | 94.250 | +0.176% | $1.5M | $6.0M | 75x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0547% | 1h | 94.197 | +0.120% | $7.5M | $4.6M | 50x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0670% | 1h | 94.196 | +0.119% | $21.0M | $29.8M | 50x | as long as short |
Orderly PERP_HYPE_USDC
Bybit HYPEUSDT
Perpl HYPE
gTrade (Gains Network) HYPE/USD
Aster HYPEUSDT
Derive HYPE-PERP
Phoenix HYPE
MEXC HYPE_USDT
Binance HYPEUSDT
edgeX HYPEUSDC
OKX HYPE-USDT-SWAP
Lighter HYPE
Lighter RH HYPE
Popdex HYPEUSDT
Aevo HYPE-PERP
Paradex HYPE-USD-PERP
Katana Perps HYPE-USD
Nado HYPE-PERP
Hyperliquid HYPE
Pacifica HYPE
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
Vest HYPE-PERP
Polymarket Perps HYPE-USD
Bluefin HYPE-PERP
SunX HYPE-USDT
SoDEX HYPE-USD
Coinbase International HYPE-PERP-INTX
Injective HYPE/USDC PERP
RISEx HYPE/USDC
Kalshi KXHYPEPERP
Reya HYPERUSDPERP
GMX HYPE/USD [WBTC.b-USDC]
HTX HYPE-USDT
Deribit HYPE_USDC-PERPETUAL
Kraken Futures PF_HYPEUSD