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
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs 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).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) HYPE/USD | 93.957 | L +0.0002% / S −0.0002% | pay 0.0000% / 1h | 20m 30s | $62K | — | 150x |
| Short | Arcus HYPE-USD | 93.911 | 0.0011 | get 0.0001% / 1h | 20m 30s | $1.0M | $3.9M | 10x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy gTrade (Gains Network) no order-book sample | — | — | — | — | — |
| Sell Arcus live order book, 4 min ago | 0.54 bp | 3.2 bp −$3 | 8.1 bp −$81 | 29.8 bp −$2,982 | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hibachi HYPE/USDT-P | −0.1392% | 1h | 93.393 | −0.601% | $197K | $238K | 7x | as long as short |
| Aftermath Perps HYPEUSD | −0.0422% | 1h | 93.426 | −0.565% | $22K | $21K | 10x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 93.930 | −0.029% | $3K | $331 | 25x | as long as short |
| Bullet HYPE-USD | −0.0044% | 1h | 93.935 | −0.023% | $112K | $581K | 20x | as long as short |
| Orderly PERP_HYPE_USDC | −0.0019% | 4h | 93.885 | −0.077% | $146K | $672K | 20x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 93.915 | −0.046% | $129K | $29K | 5x | as long as short |
| 01 Exchange HYPEUSD | 0.0000% | 1h | 93.976 | +0.020% | $88K | $365K | 20x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 93.934 | −0.025% | $22K | $290K | 10x | as long as short |
| gTrade (Gains Network) HYPE/USDlong | L +0.0002% / S −0.0002% | 1h | 93.957 | long leg | $62K | — | 150x | |
| Arcus HYPE-USDshort | +0.0011% | 1h | 93.911 | −0.049% | $1.0M | $3.9M | 10x |
Show all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget HYPEUSDT | +0.0014% | 4h | 93.946 | −0.012% | $226.7M | $99.1M | 75x | as long as short |
| Bybit HYPEUSDT | +0.0018% | 8h | 93.913 | −0.047% | $318.8M | $283.0M | 75x | as long as short |
| Phoenix HYPE | +0.0026% | 1h | 93.624 | −0.355% | $208K | $1.2M | 10x | as long as short |
| Ondo Perps HYPE-USD.P | +0.0035% | 1h | 93.900 | −0.061% | $704K | $1.2M | 10x | as long as short |
| Phemex HYPEUSDT | +0.0046% | 8h | 93.732 | −0.240% | $12.8M | $2.8M | 50x | as long as short |
| edgeX HYPEUSDC | +0.0094% | 4h | 93.211 | −0.794% | $5.0M | $29.9M | 30x | as long as short |
| Paradex HYPE-USD-PERP | +0.0094% | 8h | 93.983 | +0.027% | $342K | $157K | 20x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 93.916 | −0.044% | $16.2M | $63.3M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 93.936 | −0.023% | $3.1M | $11.5M | 20x | as long as short |
| Popdex HYPEUSDT | +0.0096% | 1h | 93.936 | −0.023% | $73K | $1.2M | 50x | as long as short |
| Katana Perps HYPE-USD | +0.0100% | 8h | 93.900 | −0.061% | $28K | $1.7M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 93.948 | −0.009% | $7.9M | $48.4M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 93.999 | +0.044% | $2.05B | $669.8M | 10x | as long as short |
| Aster HYPEUSDT | +0.0100% | 4h | 93.927 | −0.032% | $8.7M | $36.4M | 300x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 93.941 | −0.018% | $10.1M | $15.3M | 20x | as long as short |
| Binance HYPEUSDT | +0.0100% | 4h | 93.936 | −0.023% | $376.7M | $915.0M | 75x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0100% | 8h | 93.914 | −0.046% | $115.8M | $313.1M | 50x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 93.358 | −0.638% | $216K | $15K | 10x | as long as short |
| Gate HYPE_USDT | +0.0100% | 4h | 93.934 | −0.025% | $47.3M | $54.6M | 75x | as long as short |
| MEXC HYPE_USDT | +0.0100% | 4h | 93.956 | −0.001% | $90.6M | $81.6M | 100x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 93.955 | −0.003% | $46.4M | $18.9M | 75x | as long as short |
| BingX HYPE-USDT | +0.0100% | 4h | 93.943 | −0.015% | — | $53.9M | — | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 93.778 | −0.191% | $7.2M | $10.7M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 93.699 | −0.275% | $28.6M | $56.2M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 93.275 | −0.726% | $7.5M | $47.3M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 93.227 | −0.777% | $342K | $997K | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 93.706 | −0.268% | $670K | $2.8M | 20x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 93.946 | −0.012% | — | $243K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 93.963 | +0.006% | $482K | $2.7M | 20x | as long as short |
| Bluefin HYPE-PERP | +0.0100% | 1h | 93.953 | −0.005% | $80K | $166K | 20x | as long as short |
| Derive HYPE-PERP | +0.0100% | 1h | 93.698 | −0.276% | $16.2M | $7.4M | 10x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 93.593 | −0.388% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 93.717 | −0.256% | $2.0M | $1.9M | 10x | as long as short |
| HTX HYPE-USDT | +0.0100% | 4h | 93.849 | −0.115% | $1.4M | $6.5M | 75x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 93.924 | −0.035% | $18.2M | $43.2M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0104% | 1h | 93.716 | −0.257% | $396K | $158K | 20x | as long as short |
| Kalshi KXHYPEPERP | +0.0113% | 8h | 93.680 | −0.295% | $1.8M | $5.6M | 2.3x | as long as short |
| Injective HYPE/USDC PERP | +0.0122% | 1h | 93.620 | −0.359% | $30K | $339K | 12x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0144% | 1h | 93.800 | −0.168% | $4.6M | $5.8M | 50x | as long as short |
| Reya HYPERUSDPERP | +0.0269% | 1h | 93.944 | −0.014% | $80K | $127K | 15x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0333% / S −0.0154% | 1h | 93.948 | −0.010% | $1.4M | — | 100x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0340% | 1h | 93.796 | −0.172% | $20.9M | $29.4M | 50x | as long as short |
| BloFin HYPE-USDT | +0.0340% | 4h | 93.730 | −0.242% | $16.8M | $12.0M | 75x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0486% | 1h | 93.802 | −0.165% | $7.5M | $4.1M | 50x | as long as short |
| RISEx HYPE/USDC | +0.0527% | 1h | 94.000 | +0.045% | $3.2M | $6.3M | 20x | as long as short |
gTrade (Gains Network) HYPE/USD
Aftermath Perps HYPEUSD
Bullet HYPE-USD
01 Exchange HYPEUSD
Bitget HYPEUSDT
Bybit HYPEUSDT
Phoenix HYPE
Phemex HYPEUSDT
edgeX HYPEUSDC
Paradex HYPE-USD-PERP
Lighter HYPE
Lighter RH HYPE
Popdex HYPEUSDT
Katana Perps HYPE-USD
Hyperliquid HYPE
Aster HYPEUSDT
Pacifica HYPE
Binance HYPEUSDT
OKX HYPE-USDT-SWAP
Bulk HYPE-USD
Gate HYPE_USDT
MEXC HYPE_USDT
KuCoin HYPEUSDTM
BingX HYPE-USDT
Backpack HYPE_USDC_PERP
Variational Omni HYPE
GRVT HYPE_USDT_Perp
ApeX Omni HYPEUSDT
StandX HYPE-USD
Polymarket Perps HYPE-USD
Bluefin HYPE-PERP
Derive HYPE-PERP
SunX HYPE-USDT
SoDEX HYPE-USD
HTX HYPE-USDT
Extended HYPE-USD
Kalshi KXHYPEPERP
Injective HYPE/USDC PERP
Coinbase International HYPE-PERP-INTX
GMX HYPE/USD [WBTC.b-USDC]
Kraken Futures PF_HYPEUSD
BloFin HYPE-USDT
Deribit HYPE_USDC-PERPETUAL
RISEx HYPE/USDC