Funding you earn now, next payment 08:00 UTC+0.0270%/8h= +29.5% APRnext payment +$0.34 per $10,000 · paid last 24h +0.068%
Price spread now: Reya against gTrade (Gains Network)−0.052%7-day average −0.032% · 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)+0.110%+$11 on $10k
+Price spread, last 4 days (all we have)−0.037%−$4 · spread now −0.052%, 7d avg −0.032%
=Together, before fees+0.073%+ Points / potential airdropReya: Active · farm board+$7 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.032%, so right now this pair is about funding alone: +$8 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) HYPE/USD | 94.285 | L +0.0002% / S 0.0000% | pay 0.0000% / 1h | 38m 21s | $123K | — | 150x |
| Short | Reya HYPERUSDPERP | 94.236 | 0.0272 | get 0.0034% / 1h | 38m 21s | $84K | $124K | 15x |
gTrade (Gains Network) HYPE/USD
Reya HYPERUSDPERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Reya 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
- $56.66
- Price spread: −0.052% → −0.032%
- −$1.95
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- $38.71
- Costs to cover
- 0.160%
- Break-even
- 2.2 days
Slippage unknown: gTrade (Gains Network): virtual book (oracle venue), 31 min ago; Reya: no order-book sample. 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) virtual book (oracle venue), 31 min ago | 130.01 bp | 135.0 bp −$135 | 135.0 bp −$1,350 | 731.2 bp −$73.1K | 7341.5 bp −$3.67M |
| Sell Reya no order-book sample | — | — | — | — | — |
Reya: 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 | −0.1576% | 1h | 94.099 | −0.198% | $201K | $253K | 7x | as long as short |
| Bluefin HYPE-PERP | −0.0380% | 1h | 94.231 | −0.058% | $80K | $154K | 20x | as long as short |
| Ondo Perps HYPE-USD.P | −0.0210% | 1h | 94.210 | −0.080% | $712K | $1.2M | 10x | as long as short |
| Bullet HYPE-USD | −0.0191% | 1h | 94.264 | −0.023% | $112K | $576K | 20x | as long as short |
| Aftermath Perps HYPEUSD | −0.0143% | 1h | 94.418 | +0.141% | $22K | $20K | 10x | as long as short |
| 01 Exchange HYPEUSD | −0.0112% | 1h | 94.310 | +0.026% | $86K | $367K | 20x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 94.328 | +0.045% | $3K | $331 | 25x | as long as short |
| Arcus HYPE-USD | −0.0045% | 1h | 94.300 | +0.015% | $1.0M | $3.6M | 10x | as long as short |
| Bybit HYPEUSDT | −0.0015% | 8h | 94.241 | −0.047% | $316.9M | $289.1M | 75x | as long as short |
| Derive HYPE-PERP | −0.0008% | 1h | 94.322 | +0.038% | $16.5M | $7.5M | 10x | as long as short |
Hibachi HYPE/USDT-P
Bluefin HYPE-PERP
Ondo Perps HYPE-USD.P
Bullet HYPE-USD
Aftermath Perps HYPEUSD
01 Exchange HYPEUSD
Hotstuff HYPE-PERP
Arcus HYPE-USD
Bybit HYPEUSDT
Derive HYPE-PERPShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_HYPE_USDC | −0.0001% | 4h | 94.231 | −0.058% | $146K | $685K | 20x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 94.308 | +0.024% | $129K | $94K | 5x | as long as short |
| Kalshi KXHYPEPERP | 0.0000% | 8h | 94.433 | +0.157% | $1.9M | $5.6M | 2.3x | as long as short |
| Phoenix HYPE | 0.0000% | 1h | 94.440 | +0.164% | $209K | $1.1M | 10x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 94.271 | −0.016% | $19K | $288K | 10x | as long as short |
| gTrade (Gains Network) HYPE/USDlong | L +0.0002% / S 0.0000% | 1h | 94.285 | long leg | $123K | — | 150x | |
| Bitget HYPEUSDT | +0.0038% | 4h | 94.245 | −0.043% | $226.5M | $99.7M | 75x | as long as short |
| Lighter HYPE | +0.0040% | 1h | 94.332 | +0.049% | $16.3M | $64.1M | 20x | as long as short |
| Phemex HYPEUSDT | +0.0045% | 8h | 94.331 | +0.048% | $12.9M | $2.9M | 50x | as long as short |
| Paradex HYPE-USD-PERP | +0.0052% | 8h | 94.355 | +0.074% | $337K | $156K | 20x | as long as short |
| Polymarket Perps HYPE-USD | +0.0057% | 1h | 94.311 | +0.027% | $495K | $2.8M | 20x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0064% | 1h | 94.360 | +0.079% | $4.7M | $6.2M | 50x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0080% | 8h | 94.245 | −0.043% | $117.5M | $324.3M | 50x | as long as short |
| edgeX HYPEUSDC | +0.0093% | 4h | 94.370 | +0.090% | $5.0M | $30.6M | 30x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 94.344 | +0.062% | $3.2M | $10.8M | 20x | as long as short |
| Popdex HYPEUSDT | +0.0096% | 1h | 94.286 | +0.001% | $81K | $1.2M | 50x | as long as short |
| SoDEX HYPE-USD | +0.0097% | 1h | 94.245 | −0.043% | $2.1M | $1.9M | 10x | as long as short |
| Katana Perps HYPE-USD | +0.0100% | 8h | 94.320 | +0.037% | $30K | $1.7M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 94.245 | −0.043% | $7.0M | $52.2M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 94.378 | +0.098% | $2.08B | $688.0M | 10x | as long as short |
| Aster HYPEUSDT | +0.0100% | 4h | 94.269 | −0.017% | $8.8M | $37.3M | 300x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 94.357 | +0.076% | $10.2M | $15.3M | 20x | as long as short |
| Binance HYPEUSDT | +0.0100% | 4h | 94.260 | −0.027% | $377.7M | $933.9M | 75x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 94.280 | −0.006% | $218K | $12K | 10x | as long as short |
| Gate HYPE_USDT | +0.0100% | 4h | 94.257 | −0.030% | $49.7M | $56.4M | 75x | as long as short |
| MEXC HYPE_USDT | +0.0100% | 4h | 94.269 | −0.017% | $90.6M | $82.7M | 100x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 94.263 | −0.024% | $46.8M | $18.9M | 75x | as long as short |
| BingX HYPE-USDT | +0.0100% | 4h | 94.254 | −0.033% | — | $53.1M | — | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 94.306 | +0.022% | $7.6M | $10.6M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 94.327 | +0.044% | $29.5M | $54.5M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 94.408 | +0.130% | $7.6M | $46.0M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 94.340 | +0.058% | $369K | $1.0M | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 94.325 | +0.042% | $682K | $2.7M | 20x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 94.263 | −0.024% | $32K | $1.6M | 20x | as long as short |
| HTX HYPE-USDT | +0.0100% | 4h | 94.479 | +0.205% | $1.4M | $6.8M | 75x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 94.360 | +0.079% | — | $190K | 5x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 94.219 | −0.071% | $18.3M | $43.3M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0104% | 1h | 94.252 | −0.036% | $398K | $159K | 20x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0150% / S +0.0021% | 1h | 94.306 | +0.022% | $1.4M | — | 100x | as long as short |
| Injective HYPE/USDC PERP | +0.0185% | 1h | 94.280 | −0.006% | $30K | $339K | 12x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0206% | 1h | 94.349 | +0.067% | $7.4M | $4.3M | 50x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0223% | 1h | 94.280 | −0.006% | $20.2M | $30.2M | 50x | as long as short |
| RISEx HYPE/USDC | +0.0249% | 1h | 94.332 | +0.049% | $3.2M | $6.4M | 20x | as long as short |
| Reya HYPERUSDPERPshort | +0.0272% | 1h | 94.236 | −0.052% | $84K | $124K | 15x | |
| BloFin HYPE-USDT | +0.0340% | 4h | 94.373 | +0.093% | $17.1M | $12.4M | 75x | as long as short |
Orderly PERP_HYPE_USDC
dYdX HYPE-USD
Kalshi KXHYPEPERP
Phoenix HYPE
Perpl HYPE
Bitget HYPEUSDT
Lighter HYPE
Phemex HYPEUSDT
Paradex HYPE-USD-PERP
Polymarket Perps HYPE-USD
Coinbase International HYPE-PERP-INTX
OKX HYPE-USDT-SWAP
edgeX HYPEUSDC
Lighter RH HYPE
Popdex HYPEUSDT
SoDEX HYPE-USD
Katana Perps HYPE-USD
Nado HYPE-PERP
Hyperliquid HYPE
Aster HYPEUSDT
Pacifica HYPE
Binance HYPEUSDT
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
SunX HYPE-USDT
HTX HYPE-USDT
Vest HYPE-PERP
Extended HYPE-USD
Aevo HYPE-PERP
GMX HYPE/USD [WBTC.b-USDC]
Injective HYPE/USDC PERP
Deribit HYPE_USDC-PERPETUAL
Kraken Futures PF_HYPEUSD
RISEx HYPE/USDC
BloFin HYPE-USDT