Funding you earn now, next payment 00:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.00 per $10,000 · paid last 24h −0.002%
Price spread now: SoDEX against Extended−0.010%7-day average +0.040% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$28as in the Price arb table
costs, in and out, $10k−$230.229% of the position
Funding, last 3 days (all we have)−0.004%$0 on $10k
+Price spread, last 3 days (all we have)+0.018%+$2 · spread now −0.010%, 7d avg +0.040%
=Together, before fees+0.013%+ Points / potential airdropExtended: Active · farm board+$1 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: SoDEX is 0.050% cheaper against Extended than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.040%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended HYPE-USD | 93.976 | 0.0104 | pay 0.0013% / 1h | 1m 26s | $18.4M | $42.8M | 50x |
| Short | SoDEX HYPE-USD | 93.967 | 0.0100 | get 0.0013% / 1h | 1m 26s | $2.0M | $2.0M | 10x |
Extended HYPE-USD
SoDEX HYPE-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX 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
- −$0.84
- Price spread: −0.010% → +0.040%
- −$4.98
- Slippage, 4 orders
- −$9.91
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$28.73
- Costs to cover
- 0.229%
- Break-even
- never at this rate
Slippage from Extended: live order book, 3 min ago; SoDEX: live order book, 3 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, 3 min ago | 0.05 bp | 5.2 bp −$5 | 7.6 bp −$76 | 25.3 bp −$2,534 | doesn't fit |
| Sell SoDEX live order book, 3 min ago | 0.75 bp | 7.2 bp −$7 | 12.7 bp −$127 | 101.8 bp −$10.2K | 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 | −0.1400% | 1h | 93.873 | −0.110% | $199K | $229K | 7x | as long as short |
| Aftermath Perps HYPEUSD | −0.0343% | 1h | 93.963 | −0.014% | $22K | $22K | 10x | as long as short |
| Arcus HYPE-USD | −0.0233% | 1h | 93.874 | −0.109% | $1.2M | $3.8M | 10x | as long as short |
| Ondo Perps HYPE-USD.P | −0.0133% | 1h | 93.930 | −0.049% | $705K | $925K | 10x | as long as short |
| 01 Exchange HYPEUSD | −0.0080% | 1h | 94.013 | +0.039% | $86K | $368K | 20x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 93.983 | +0.007% | $3K | $331 | 25x | as long as short |
| Derive HYPE-PERP | −0.0012% | 1h | 93.900 | −0.081% | $16.4M | $7.2M | 10x | as long as short |
| dYdX HYPE-USD | −0.0007% | 1h | 93.976 | −0.001% | $128K | $30K | 5x | as long as short |
| Orderly PERP_HYPE_USDC | −0.0006% | 4h | 93.984 | +0.008% | $169K | $594K | 20x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 94.002 | +0.028% | $23K | $329K | 10x | as long as short |
Hibachi HYPE/USDT-P
Aftermath Perps HYPEUSD
Arcus HYPE-USD
Ondo Perps HYPE-USD.P
01 Exchange HYPEUSD
Hotstuff HYPE-PERP
Derive HYPE-PERP
dYdX HYPE-USD
Orderly PERP_HYPE_USDC
Perpl HYPEShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0003% | 1h | 93.990 | +0.015% | $27K | — | 150x | as long as short |
| Phoenix HYPE | +0.0009% | 1h | 93.898 | −0.083% | $217K | $1.2M | 10x | as long as short |
| Aster HYPEUSDT | +0.0015% | 4h | 93.993 | +0.018% | $8.9M | $36.1M | 300x | as long as short |
| Bybit HYPEUSDT | +0.0017% | 8h | 94.010 | +0.036% | $323.6M | $283.9M | 75x | as long as short |
| Phemex HYPEUSDT | +0.0030% | 8h | 93.928 | −0.051% | $12.8M | $2.6M | 50x | as long as short |
| Binance HYPEUSDT | +0.0046% | 4h | 94.014 | +0.040% | $384.3M | $898.4M | 75x | as long as short |
| MEXC HYPE_USDT | +0.0046% | 4h | 94.038 | +0.066% | $88.5M | $82.3M | 100x | as long as short |
| edgeX HYPEUSDC | +0.0057% | 4h | 94.017 | +0.043% | $5.1M | $29.7M | 30x | as long as short |
| Popdex HYPEUSDT | +0.0064% | 1h | 94.015 | +0.041% | $60K | $1.2M | 50x | as long as short |
| Gate HYPE_USDT | +0.0068% | 4h | 93.993 | +0.018% | $44.2M | $60.1M | 75x | as long as short |
| Bullet HYPE-USD | +0.0072% | 1h | 94.038 | +0.066% | $112K | $578K | 20x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0088% | 8h | 94.029 | +0.056% | $116.0M | $323.0M | 50x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 94.036 | +0.064% | $18.9M | $60.5M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 94.015 | +0.041% | $3.1M | $12.3M | 20x | as long as short |
| Aevo HYPE-PERP | +0.0096% | 1h | 93.967 | −0.010% | $400K | $318K | 20x | as long as short |
| Katana Perps HYPE-USD | +0.0099% | 8h | 94.040 | +0.068% | $42K | $1.6M | 10x | as long as short |
| Paradex HYPE-USD-PERP | +0.0099% | 8h | 94.030 | +0.057% | $342K | $171K | 20x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 94.014 | +0.041% | $6.6M | $44.9M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 94.139 | +0.173% | $2.05B | $680.2M | 10x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 94.017 | +0.043% | $10.1M | $14.5M | 20x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 93.889 | −0.093% | $205K | $7K | 10x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 93.991 | +0.016% | $46.5M | $18.6M | 75x | as long as short |
| Bitget HYPEUSDT | +0.0100% | 4h | 94.036 | +0.064% | $227.8M | $102.0M | 75x | as long as short |
| BingX HYPE-USDT | +0.0100% | 4h | 93.980 | +0.004% | — | $54.0M | — | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 94.001 | +0.026% | $7.9M | $10.4M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 93.812 | −0.174% | $31.3M | $54.2M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 93.864 | −0.120% | $7.6M | $45.5M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 94.055 | +0.084% | $340K | $1.1M | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 93.964 | −0.013% | $679K | $2.5M | 20x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 94.052 | +0.080% | — | $454K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 94.062 | +0.091% | $472K | $2.5M | 20x | as long as short |
| Bluefin HYPE-PERP | +0.0100% | 1h | 93.963 | −0.014% | $76K | $171K | 20x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 93.973 | −0.003% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USDshort | +0.0100% | 1h | 93.967 | −0.010% | $2.0M | $2.0M | 10x | |
| Injective HYPE/USDC PERP | +0.0104% | 1h | 94.410 | +0.462% | $31K | $338K | 12x | as long as short |
| Extended HYPE-USDlong | +0.0104% | 1h | 93.976 | long leg | $18.4M | $42.8M | 50x | |
| Coinbase International HYPE-PERP-INTX | +0.0152% | 1h | 94.070 | +0.100% | $4.9M | $5.7M | 50x | as long as short |
| Kalshi KXHYPEPERP | +0.0157% | 8h | 94.054 | +0.083% | $1.9M | $5.1M | 2.3x | as long as short |
| BloFin HYPE-USDT | +0.0185% | 4h | 93.999 | +0.024% | $17.0M | $12.6M | 75x | as long as short |
| HTX HYPE-USDT | +0.0194% | 4h | 94.100 | +0.132% | $1.5M | $7.8M | 75x | as long as short |
| Reya HYPERUSDPERP | +0.0250% | 1h | 94.030 | +0.057% | $77K | $142K | 15x | as long as short |
| RISEx HYPE/USDC | +0.0284% | 1h | 94.041 | +0.069% | $2.8M | $6.9M | 20x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0324% | 1h | 94.067 | +0.097% | $7.5M | $4.6M | 50x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0338% / S −0.0156% | 1h | 93.993 | +0.018% | $1.5M | — | 100x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0577% | 1h | 94.082 | +0.113% | $21.0M | $29.5M | 50x | as long as short |
gTrade (Gains Network) HYPE/USD
Phoenix HYPE
Aster HYPEUSDT
Bybit HYPEUSDT
Phemex HYPEUSDT
Binance HYPEUSDT
MEXC HYPE_USDT
edgeX HYPEUSDC
Popdex HYPEUSDT
Gate HYPE_USDT
Bullet HYPE-USD
OKX HYPE-USDT-SWAP
Lighter HYPE
Lighter RH HYPE
Aevo HYPE-PERP
Katana Perps HYPE-USD
Paradex HYPE-USD-PERP
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
Injective HYPE/USDC PERP
Coinbase International HYPE-PERP-INTX
Kalshi KXHYPEPERP
BloFin HYPE-USDT
HTX HYPE-USDT
Reya HYPERUSDPERP
RISEx HYPE/USDC
Deribit HYPE_USDC-PERPETUAL
GMX HYPE/USD [WBTC.b-USDC]
Kraken Futures PF_HYPEUSD