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

HYPE

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Alert: funding
Measured
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Alert: spread
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Funding you earn now, next payment 03:00 UTC−0.0007%/8h= −0.8% APRpaid last 24h +0.002%
Price spread now: Paradex against Extended+0.079%7-day average +0.059% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$12as in the Price arb table
costs, in and out, $10k−$140.143% of the position
Long on ExtendedShort on Paradex
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.008%−$1 on $10k
Price spread, last 4 days (all we have)+0.008%+$1 · spread now +0.079%, 7d avg +0.059%
Together, before fees+0.001%+ Points / potential airdropExtended: Active · Paradex: Active · farm board$0 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: Paradex is 0.020% dearer against Extended than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of +0.059%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended HYPE-USD93.3060.0104pay 0.0013% / 1h39m 44s$18.4M$43.7M50x
ShortParadex HYPE-USD-PERP93.3800.0097get 0.0097% / 8h5h 39m$339K$162K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex against Extended. 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
−$1.51
Price spread: +0.079% → +0.059%
$2.03
Slippage, 4 orders
−$5.3
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$13.78
Costs to cover
0.143%
Break-even
never at this rate
Slippage from Extended: live order book, 4 min ago; Paradex: live order book, 24 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 Extended live order book, 4 min ago0.05 bp2.6 bp −$33.9 bp −$3921.9 bp −$2,193doesn't fit
Sell Paradex live order book, 24 min ago1.28 bp3.3 bp −$37.3 bp −$73doesn't fitdoesn't fit

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−0.1264%1h93.481+0.187%$196K$226K7xas long as short
Arcus HYPE-USD−0.0899%1h93.229−0.082%$1.2M$3.8M10xas long as short
Bluefin HYPE-PERP−0.0184%1h93.318+0.013%$79K$170K20xas long as short
Hotstuff HYPE-PERP−0.0080%1h93.351+0.048%$3K$33125xas long as short
Phemex HYPEUSDT−0.0063%8h93.304−0.002%$12.6M$2.7M50xas long as short
Ondo Perps HYPE-USD.P−0.0058%1h93.260−0.049%$700K$980K10xas long as short
01 Exchange HYPEUSD−0.0048%1h93.402+0.103%$85K$346K20xas long as short
Orderly PERP_HYPE_USDC−0.0046%4h93.328+0.024%$155K$630K20xas long as short
Aftermath Perps HYPEUSD−0.0036%1h93.409+0.111%$22K$21K10xas long as short
dYdX HYPE-USD0.0000%1h93.361+0.059%$128K$31K5xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Perpl HYPE0.0000%43m93.394+0.095%$23K$322K10xas long as short
gTrade (Gains Network) HYPE/USDL +0.0002% / S −0.0002%1h93.364+0.062%$62K—150xas long as short
Aster HYPEUSDT+0.0016%4h93.325+0.020%$8.8M$35.6M300xas long as short
Bullet HYPE-USD+0.0021%1h93.334+0.030%$111K$578K20xas long as short
Phoenix HYPE+0.0026%1h93.549+0.261%$213K$1.2M10xas long as short
BingX HYPE-USDT+0.0026%4h93.330+0.026%—$53.1M—as long as short
Bybit HYPEUSDT+0.0034%8h93.330+0.026%$321.7M$277.1M75xas long as short
Gate HYPE_USDT+0.0044%4h93.340+0.037%$44.5M$54.7M75xas long as short
OKX HYPE-USDT-SWAP+0.0078%8h93.324+0.019%$114.1M$302.0M50xas long as short
Lighter HYPE+0.0096%1h93.335+0.031%$16.3M$61.6M20xas long as short
Lighter RH HYPE+0.0096%1h93.347+0.044%$3.1M$11.5M20xas long as short
Popdex HYPEUSDT+0.0096%1h93.397+0.098%$69K$1.2M50xas long as short
Paradex HYPE-USD-PERPshort+0.0097%8h93.380+0.079%$339K$162K20x
Binance HYPEUSDT+0.0097%4h93.337+0.033%$378.8M$877.1M75xas long as short
Katana Perps HYPE-USD+0.0100%8h93.410+0.112%$17K$1.6M10xas long as short
Nado HYPE-PERP+0.0100%1h93.335+0.032%$5.8M$43.4M10xas long as short
Hyperliquid HYPE+0.0100%1h93.412+0.114%$2.04B$652.9M10xas long as short
Pacifica HYPE+0.0100%1h93.384+0.084%$10.0M$14.6M20xas long as short
Bulk HYPE-USD+0.0100%1h93.580+0.294%$204K$10K10xas long as short
MEXC HYPE_USDT+0.0100%4h93.330+0.026%$89.9M$80.7M100xas long as short
KuCoin HYPEUSDTM+0.0100%4h93.350+0.047%$45.9M$18.1M75xas long as short
Bitget HYPEUSDT+0.0100%4h93.341+0.038%$225.7M$96.7M75xas long as short
Backpack HYPE_USDC_PERP+0.0100%1h93.315+0.010%$7.4M$10.4M20xas long as short
Variational Omni HYPE+0.0100%8h93.317+0.012%$31.1M$53.9M—as long as short
GRVT HYPE_USDT_Perp+0.0100%4h93.553+0.265%$7.6M$45.6M10xas long as short
ApeX Omni HYPEUSDT+0.0100%1h93.487+0.194%$340K$999K50xas long as short
StandX HYPE-USD+0.0100%1h93.585+0.299%$668K$2.6M20xas long as short
Vest HYPE-PERP+0.0100%1h93.403+0.104%—$243K5xas long as short
Polymarket Perps HYPE-USD+0.0100%1h93.372+0.071%$472K$2.5M20xas long as short
Derive HYPE-PERP+0.0100%1h93.332+0.028%$16.2M$7.6M10xas long as short
SunX HYPE-USDT+0.0100%4h93.428+0.131%$32K$1.6M20xas long as short
SoDEX HYPE-USD+0.0100%1h93.332+0.028%$2.0M$1.9M10xas long as short
Extended HYPE-USDlong+0.0104%1h93.306long leg$18.4M$43.7M50x
Aevo HYPE-PERP+0.0104%1h93.333+0.029%$397K$163K20xas long as short
edgeX HYPEUSDC+0.0116%4h93.476+0.183%$5.1M$29.6M30xas long as short
Coinbase International HYPE-PERP-INTX+0.0176%1h93.440+0.144%$4.9M$5.4M50xas long as short
HTX HYPE-USDT+0.0199%4h93.510+0.219%$1.4M$6.0M75xas long as short
Reya HYPERUSDPERP+0.0257%1h93.331+0.027%$79K$140K15xas long as short
Kalshi KXHYPEPERP+0.0279%8h93.418+0.120%$1.9M$5.1M2.3xas long as short
GMX HYPE/USD [WBTC.b-USDC]L +0.0331% / S −0.0156%1h93.364+0.063%$1.4M—100xas long as short
BloFin HYPE-USDT+0.0340%4h93.300−0.006%$16.9M$11.6M75xas long as short
Deribit HYPE_USDC-PERPETUAL+0.0393%1h93.426+0.129%$7.4M$4.4M50xas long as short
RISEx HYPE/USDC+0.0510%1h93.450+0.155%$3.2M$6.5M20xas long as short
Injective HYPE/USDC PERP+0.0519%1h93.200−0.113%$30K$339K12xas long as short
Kraken Futures PF_HYPEUSD+0.0685%1h93.408+0.109%$20.7M$30.1M50xas long as short