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

HYPE

all HYPE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0040%/8h= +4.4% APRpaid last 24h −0.002%
Price spread now: Gate against gTrade (Gains Network)−0.147%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 pays, the price is against you. Gate is 0.147% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.147% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$15 on $10k: about 12 days of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) HYPE/USD93.051L +0.0002% / S −0.0001%pay 0.0000% / 1h52m 58s$20K150x
ShortGate HYPE_USDT92.9140.0042get 0.0021% / 4h1h 52m$43.9M$56.8M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
$8.42
Price spread: −0.147% → 0.000%
−$14.72
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$31.31
Costs to cover
0.250%
Break-even
33.0 days
Slippage unknown: gTrade (Gains Network): no order-book sample; Gate: live order book, 1 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 Gate live order book, 1 min ago0.05 bp10.1 bp −$1013.9 bp −$13926.9 bp −$2,69347.6 bp −$23.8K
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
Aftermath Perps HYPEUSD−0.0295%1h93.171+0.129%$22K$22K10xas long as short
Arcus HYPE-USD−0.0131%1h92.986−0.070%$1.2M$4.0M10xas long as short
Hotstuff HYPE-PERP−0.0080%1h93.204+0.164%$3K$33125xas long as short
Hibachi HYPE/USDT-P−0.0040%1h93.170+0.128%$197K$231K7xas long as short
Derive HYPE-PERP−0.0017%1h92.906−0.156%$16.3M$7.1M10xas long as short
dYdX HYPE-USD0.0000%1h93.117+0.071%$127K$32K5xas long as short
01 Exchange HYPEUSD0.0000%1h93.050−0.001%$90K$361K20xas long as short
Kalshi KXHYPEPERP0.0000%8h93.026−0.027%$1.9M$5.3M2.3xas long as short
Perpl HYPE0.0000%43m93.052+0.001%$23K$331K10xas long as short
gTrade (Gains Network) HYPE/USDlongL +0.0002% / S −0.0001%1h93.051long leg$20K150x
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster HYPEUSDT+0.0007%4h92.932−0.127%$8.9M$35.9M300xas long as short
Ondo Perps HYPE-USD.P+0.0020%1h93.160+0.117%$699K$928K10xas long as short
Bybit HYPEUSDT+0.0030%8h92.940−0.119%$323.3M$286.9M75xas long as short
Phoenix HYPE+0.0034%1h93.222+0.184%$216K$1.2M10xas long as short
Popdex HYPEUSDT+0.0040%1h93.028−0.025%$56K$1.2M50xas long as short
Gate HYPE_USDTshort+0.0042%4h92.914−0.147%$43.9M$56.8M75x
Orderly PERP_HYPE_USDC+0.0043%4h93.008−0.046%$165K$515K20xas long as short
Bullet HYPE-USD+0.0090%1h93.006−0.048%$112K$579K20xas long as short
Lighter HYPE+0.0096%1h92.969−0.088%$18.5M$58.3M20xas long as short
Lighter RH HYPE+0.0096%1h92.937−0.123%$3.0M$12.0M20xas long as short
Paradex HYPE-USD-PERP+0.0099%8h93.069+0.019%$338K$170K20xas long as short
Katana Perps HYPE-USD+0.0100%8h93.060+0.010%$40K$1.6M10xas long as short
Nado HYPE-PERP+0.0100%1h93.061+0.011%$5.9M$44.1M10xas long as short
Hyperliquid HYPE+0.0100%1h92.959−0.099%$2.02B$669.6M10xas long as short
Pacifica HYPE+0.0100%1h93.078+0.029%$10.0M$14.4M20xas long as short
Binance HYPEUSDT+0.0100%4h92.930−0.130%$383.1M$892.4M75xas long as short
OKX HYPE-USDT-SWAP+0.0100%8h92.901−0.161%$114.0M$314.0M50xas long as short
Bulk HYPE-USD+0.0100%1h93.271+0.237%$204K$12K10xas long as short
MEXC HYPE_USDT+0.0100%4h92.917−0.144%$90.9M$81.3M100xas long as short
KuCoin HYPEUSDTM+0.0100%4h92.931−0.129%$47.0M$19.0M75xas long as short
Bitget HYPEUSDT+0.0100%4h92.947−0.112%$225.4M$103.0M75xas long as short
BingX HYPE-USDT+0.0100%4h92.921−0.140%$54.1Mas long as short
Backpack HYPE_USDC_PERP+0.0100%1h92.903−0.159%$7.8M$11.7M20xas long as short
Variational Omni HYPE+0.0100%8h93.107+0.060%$29.0M$50.3Mas long as short
GRVT HYPE_USDT_Perp+0.0100%4h93.245+0.208%$7.5M$44.9M10xas long as short
ApeX Omni HYPEUSDT+0.0100%1h93.221+0.183%$412K$1.0M50xas long as short
StandX HYPE-USD+0.0100%1h93.257+0.221%$674K$2.5M20xas long as short
Vest HYPE-PERP+0.0100%1h93.084+0.035%$454K5xas long as short
Polymarket Perps HYPE-USD+0.0100%1h93.047−0.004%$491K$2.6M20xas long as short
Bluefin HYPE-PERP+0.0100%1h92.985−0.071%$75K$167K20xas long as short
SunX HYPE-USDT+0.0100%4h93.053+0.002%$32K$1.6M20xas long as short
SoDEX HYPE-USD+0.0100%1h92.928−0.132%$2.0M$2.0M10xas long as short
Phemex HYPEUSDT+0.0100%8h92.920−0.141%$12.7M$2.6M50xas long as short
edgeX HYPEUSDC+0.0103%4h93.179+0.137%$5.1M$29.4M30xas long as short
Extended HYPE-USD+0.0104%1h92.898−0.164%$18.2M$42.1M50xas long as short
Aevo HYPE-PERP+0.0104%1h92.924−0.137%$395K$318K20xas long as short
Coinbase International HYPE-PERP-INTX+0.0176%1h92.980−0.076%$4.9M$5.6M50xas long as short
Injective HYPE/USDC PERP+0.0239%1h92.990−0.066%$30K$338K12xas long as short
Reya HYPERUSDPERP+0.0246%1h93.003−0.052%$77K$158K15xas long as short
RISEx HYPE/USDC+0.0280%1h93.087+0.038%$2.7M$6.8M20xas long as short
HTX HYPE-USDT+0.0297%4h93.200+0.160%$1.5M$7.6M75xas long as short
Deribit HYPE_USDC-PERPETUAL+0.0320%1h93.026−0.027%$7.4M$4.6M50xas long as short
GMX HYPE/USD [WBTC.b-USDC]L +0.0338% / S −0.0158%1h93.034−0.018%$1.5M100xas long as short
BloFin HYPE-USDT+0.0340%4h93.007−0.047%$17.0M$12.4M75xas long as short
Kraken Futures PF_HYPEUSD+0.0467%1h93.036−0.016%$20.7M$28.4M50xas long as short