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

HYPE

all HYPE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0098%/8h= +10.7% APRnext payment +$0.12 per $10,000 · paid last 24h +0.028%
Price spread now: StandX against gTrade (Gains Network)+0.073%7-day average · you sell dearer than you buy
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 fees+ Points / potential airdropStandX: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and StandX is 0.073% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$7 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) HYPE/USD93.684L +0.0002% / S −0.0001%pay 0.0000% / 1h22m 00s$20K150x
ShortStandX HYPE-USD93.7520.0100get 0.0013% / 1h22m 00s$678K$2.4M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

StandX 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
$20.6
Price spread: +0.073% → 0.000%
$7.29
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee StandX: 4 bp × 2 orders
−$8
Net
$9.89
Costs to cover
0.180%
Break-even
3.6 days
Slippage unknown: gTrade (Gains Network): no order-book sample; StandX: live order book, 2 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 StandX live order book, 2 min ago1.34 bp5.3 bp −$55.4 bp −$5410.6 bp −$1,056doesn'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−0.1008%1h93.647−0.040%$198K$233K7xas long as short
Aftermath Perps HYPEUSD−0.0291%1h93.660−0.025%$22K$22K10xas long as short
Ondo Perps HYPE-USD.P−0.0238%1h93.630−0.057%$702K$934K10xas long as short
Hotstuff HYPE-PERP−0.0080%1h93.679−0.005%$3K$33125xas long as short
01 Exchange HYPEUSD−0.0064%1h93.677−0.007%$90K$343K20xas long as short
Bullet HYPE-USD−0.0016%1h93.638−0.048%$111K$583K20xas long as short
Derive HYPE-PERP−0.0009%1h93.599−0.090%$16.4M$7.0M10xas long as short
dYdX HYPE-USD0.0000%1h93.721+0.040%$128K$32K5xas long as short
Perpl HYPE0.0000%43m93.651−0.035%$23K$337K10xas long as short
gTrade (Gains Network) HYPE/USDlongL +0.0002% / S −0.0001%1h93.684long leg$20K150x
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster HYPEUSDT+0.0029%4h93.666−0.019%$9.0M$35.8M300xas long as short
Gate HYPE_USDT+0.0032%4h93.646−0.040%$44.1M$57.1M75xas long as short
Bybit HYPEUSDT+0.0036%8h93.647−0.039%$326.1M$287.1M75xas long as short
Orderly PERP_HYPE_USDC+0.0063%4h93.644−0.042%$175K$536K20xas long as short
Popdex HYPEUSDT+0.0064%1h93.639−0.048%$57K$1.2M50xas long as short
Phoenix HYPE+0.0068%1h93.742+0.062%$216K$1.2M10xas long as short
Lighter HYPE+0.0096%1h93.707+0.025%$18.6M$59.6M20xas long as short
Lighter RH HYPE+0.0096%1h93.689+0.006%$3.1M$12.4M20xas long as short
Paradex HYPE-USD-PERP+0.0100%8h93.687+0.003%$340K$170K20xas long as short
Katana Perps HYPE-USD+0.0100%8h93.690+0.007%$40K$1.6M10xas long as short
Nado HYPE-PERP+0.0100%1h93.638−0.048%$6.0M$44.1M10xas long as short
Hyperliquid HYPE+0.0100%1h93.757+0.078%$2.04B$669.8M10xas long as short
Pacifica HYPE+0.0100%1h93.680−0.004%$10.0M$14.4M20xas long as short
Binance HYPEUSDT+0.0100%4h93.644−0.042%$386.3M$888.6M75xas long as short
OKX HYPE-USDT-SWAP+0.0100%8h93.647−0.039%$115.0M$316.0M50xas long as short
Arcus HYPE-USD+0.0100%1h93.627−0.061%$1.2M$4.0M10xas long as short
MEXC HYPE_USDT+0.0100%4h93.651−0.035%$93.7M$82.3M100xas long as short
KuCoin HYPEUSDTM+0.0100%4h93.662−0.023%$46.5M$18.7M75xas long as short
Bitget HYPEUSDT+0.0100%4h93.726+0.045%$227.6M$102.3M75xas long as short
BingX HYPE-USDT+0.0100%4h93.640−0.047%$54.2Mas long as short
Backpack HYPE_USDC_PERP+0.0100%1h93.688+0.005%$7.9M$11.7M20xas long as short
Variational Omni HYPE+0.0100%8h93.652−0.034%$29.0M$50.0Mas long as short
GRVT HYPE_USDT_Perp+0.0100%4h93.613−0.075%$7.5M$45.2M10xas long as short
ApeX Omni HYPEUSDT+0.0100%1h93.545−0.148%$406K$1.0M50xas long as short
StandX HYPE-USDshort+0.0100%1h93.752+0.073%$678K$2.4M20x
Vest HYPE-PERP+0.0100%1h93.698+0.015%$454K5xas long as short
Polymarket Perps HYPE-USD+0.0100%1h93.685+0.001%$495K$2.6M20xas long as short
Bluefin HYPE-PERP+0.0100%1h93.644−0.042%$76K$168K20xas long as short
SunX HYPE-USDT+0.0100%4h93.704+0.022%$33K$1.6M20xas long as short
SoDEX HYPE-USD+0.0100%1h93.650−0.036%$2.0M$2.0M10xas long as short
Phemex HYPEUSDT+0.0100%8h93.631−0.056%$12.8M$2.6M50xas long as short
Bulk HYPE-USD+0.0100%1h93.556−0.136%$204K$12K10xas long as short
Extended HYPE-USD+0.0104%1h93.625−0.062%$18.3M$41.2M50xas long as short
Aevo HYPE-PERP+0.0104%1h93.656−0.030%$398K$318K20xas long as short
edgeX HYPEUSDC+0.0105%4h93.554−0.138%$5.1M$29.5M30xas long as short
Deribit HYPE_USDC-PERPETUAL+0.0124%1h93.741+0.061%$7.4M$4.6M50xas long as short
Kalshi KXHYPEPERP+0.0132%8h93.740+0.060%$1.9M$5.3M2.3xas long as short
Coinbase International HYPE-PERP-INTX+0.0208%1h93.700+0.017%$4.9M$5.7M50xas long as short
Reya HYPERUSDPERP+0.0245%1h93.639−0.048%$78K$158K15xas long as short
Injective HYPE/USDC PERP+0.0285%1h93.610−0.079%$30K$291K12xas long as short
HTX HYPE-USDT+0.0308%4h93.825+0.151%$1.5M$7.6M75xas long as short
GMX HYPE/USD [WBTC.b-USDC]L +0.0338% / S −0.0164%1h93.686+0.002%$1.4M100xas long as short
BloFin HYPE-USDT+0.0340%4h93.715+0.033%$17.1M$12.5M75xas long as short
RISEx HYPE/USDC+0.0467%1h93.710+0.028%$2.8M$6.8M20xas long as short
Kraken Futures PF_HYPEUSD+0.0572%1h93.757+0.078%$19.2M$26.0M50xas long as short