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

HYPE

all HYPE markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0008%/8h= +0.9% APRnext payment +$0.01 per $10,000 · paid last 24h −0.069%
Price spread now: Arcus against gTrade (Gains Network)−0.049%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Arcus is 0.049% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high, −$5 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) HYPE/USD93.957L +0.0002% / S −0.0002%pay 0.0000% / 1h20m 30s$62K150x
ShortArcus HYPE-USD93.9110.0011get 0.0001% / 1h20m 30s$1.0M$3.9M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Arcus against gTrade (Gains Network). 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
$1.75
Price spread: −0.049% → 0.000%
−$4.94
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Net
−$17.69
Costs to cover
0.145%
Break-even
77.7 days
Slippage unknown: gTrade (Gains Network): no order-book sample; Arcus: live order book, 4 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy gTrade (Gains Network) no order-book sample
Sell Arcus live order book, 4 min ago0.54 bp3.2 bp −$38.1 bp −$8129.8 bp −$2,982doesn't fit
gTrade (Gains Network): no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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−0.1392%1h93.393−0.601%$197K$238K7xas long as short
Aftermath Perps HYPEUSD−0.0422%1h93.426−0.565%$22K$21K10xas long as short
Hotstuff HYPE-PERP−0.0080%1h93.930−0.029%$3K$33125xas long as short
Bullet HYPE-USD−0.0044%1h93.935−0.023%$112K$581K20xas long as short
Orderly PERP_HYPE_USDC−0.0019%4h93.885−0.077%$146K$672K20xas long as short
dYdX HYPE-USD0.0000%1h93.915−0.046%$129K$29K5xas long as short
01 Exchange HYPEUSD0.0000%1h93.976+0.020%$88K$365K20xas long as short
Perpl HYPE0.0000%43m93.934−0.025%$22K$290K10xas long as short
gTrade (Gains Network) HYPE/USDlongL +0.0002% / S −0.0002%1h93.957long leg$62K150x
Arcus HYPE-USDshort+0.0011%1h93.911−0.049%$1.0M$3.9M10x
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget HYPEUSDT+0.0014%4h93.946−0.012%$226.7M$99.1M75xas long as short
Bybit HYPEUSDT+0.0018%8h93.913−0.047%$318.8M$283.0M75xas long as short
Phoenix HYPE+0.0026%1h93.624−0.355%$208K$1.2M10xas long as short
Ondo Perps HYPE-USD.P+0.0035%1h93.900−0.061%$704K$1.2M10xas long as short
Phemex HYPEUSDT+0.0046%8h93.732−0.240%$12.8M$2.8M50xas long as short
edgeX HYPEUSDC+0.0094%4h93.211−0.794%$5.0M$29.9M30xas long as short
Paradex HYPE-USD-PERP+0.0094%8h93.983+0.027%$342K$157K20xas long as short
Lighter HYPE+0.0096%1h93.916−0.044%$16.2M$63.3M20xas long as short
Lighter RH HYPE+0.0096%1h93.936−0.023%$3.1M$11.5M20xas long as short
Popdex HYPEUSDT+0.0096%1h93.936−0.023%$73K$1.2M50xas long as short
Katana Perps HYPE-USD+0.0100%8h93.900−0.061%$28K$1.7M10xas long as short
Nado HYPE-PERP+0.0100%1h93.948−0.009%$7.9M$48.4M10xas long as short
Hyperliquid HYPE+0.0100%1h93.999+0.044%$2.05B$669.8M10xas long as short
Aster HYPEUSDT+0.0100%4h93.927−0.032%$8.7M$36.4M300xas long as short
Pacifica HYPE+0.0100%1h93.941−0.018%$10.1M$15.3M20xas long as short
Binance HYPEUSDT+0.0100%4h93.936−0.023%$376.7M$915.0M75xas long as short
OKX HYPE-USDT-SWAP+0.0100%8h93.914−0.046%$115.8M$313.1M50xas long as short
Bulk HYPE-USD+0.0100%1h93.358−0.638%$216K$15K10xas long as short
Gate HYPE_USDT+0.0100%4h93.934−0.025%$47.3M$54.6M75xas long as short
MEXC HYPE_USDT+0.0100%4h93.956−0.001%$90.6M$81.6M100xas long as short
KuCoin HYPEUSDTM+0.0100%4h93.955−0.003%$46.4M$18.9M75xas long as short
BingX HYPE-USDT+0.0100%4h93.943−0.015%$53.9Mas long as short
Backpack HYPE_USDC_PERP+0.0100%1h93.778−0.191%$7.2M$10.7M20xas long as short
Variational Omni HYPE+0.0100%8h93.699−0.275%$28.6M$56.2Mas long as short
GRVT HYPE_USDT_Perp+0.0100%4h93.275−0.726%$7.5M$47.3M10xas long as short
ApeX Omni HYPEUSDT+0.0100%1h93.227−0.777%$342K$997K50xas long as short
StandX HYPE-USD+0.0100%1h93.706−0.268%$670K$2.8M20xas long as short
Vest HYPE-PERP+0.0100%1h93.946−0.012%$243K5xas long as short
Polymarket Perps HYPE-USD+0.0100%1h93.963+0.006%$482K$2.7M20xas long as short
Bluefin HYPE-PERP+0.0100%1h93.953−0.005%$80K$166K20xas long as short
Derive HYPE-PERP+0.0100%1h93.698−0.276%$16.2M$7.4M10xas long as short
SunX HYPE-USDT+0.0100%4h93.593−0.388%$32K$1.6M20xas long as short
SoDEX HYPE-USD+0.0100%1h93.717−0.256%$2.0M$1.9M10xas long as short
HTX HYPE-USDT+0.0100%4h93.849−0.115%$1.4M$6.5M75xas long as short
Extended HYPE-USD+0.0104%1h93.924−0.035%$18.2M$43.2M50xas long as short
Aevo HYPE-PERP+0.0104%1h93.716−0.257%$396K$158K20xas long as short
Kalshi KXHYPEPERP+0.0113%8h93.680−0.295%$1.8M$5.6M2.3xas long as short
Injective HYPE/USDC PERP+0.0122%1h93.620−0.359%$30K$339K12xas long as short
Coinbase International HYPE-PERP-INTX+0.0144%1h93.800−0.168%$4.6M$5.8M50xas long as short
Reya HYPERUSDPERP+0.0269%1h93.944−0.014%$80K$127K15xas long as short
GMX HYPE/USD [WBTC.b-USDC]L +0.0333% / S −0.0154%1h93.948−0.010%$1.4M100xas long as short
Kraken Futures PF_HYPEUSD+0.0340%1h93.796−0.172%$20.9M$29.4M50xas long as short
BloFin HYPE-USDT+0.0340%4h93.730−0.242%$16.8M$12.0M75xas long as short
Deribit HYPE_USDC-PERPETUAL+0.0486%1h93.802−0.165%$7.5M$4.1M50xas long as short
RISEx HYPE/USDC+0.0527%1h94.000+0.045%$3.2M$6.3M20xas long as short