Funding you earn now, next payment 12:00 UTC+0.0098%/8h= +10.8% APRnext payment +$0.12 per $10,000 · paid last 24h +0.019%
Price spread now: Vest against gTrade (Gains Network)+0.092%7-day average −0.016% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.016%−$2 on $10k
+Price spread, last 4 days (all we have)−0.339%−$34 · spread now +0.092%, 7d avg −0.016%
=Together, before fees−0.354%+ Points / potential airdropVest: Active · farm board−$35 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Vest is 0.108% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of −0.016%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) HYPE/USD | 94.790 | L +0.0002% / S −0.0001% | pay 0.0000% / 1h | 50m 53s | $99K | — | 150x |
| Short | Vest HYPE-PERP | 94.877 | 0.0100 | get 0.0013% / 1h | 50m 53s | — | $80K | 5x |
gTrade (Gains Network) HYPE/USD
Vest HYPE-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Vest 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
- $20.62
- Price spread: +0.092% → −0.016%
- $10.79
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Vest: 1 bp × 2 orders
- −$2
- Net
- $19.42
- Costs to cover
- 0.120%
- Break-even
- 0.4 days
Slippage unknown: gTrade (Gains Network): virtual book (oracle exchange), 41 min ago; Vest: 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 exchange), 41 min ago | 130.00 bp | 135.0 bp −$135 | 135.0 bp −$1,350 | 731.2 bp −$73.1K | 7341.6 bp −$3.67M |
| Sell Vest no order-book sample | — | — | — | — | — |
Vest: 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 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_HYPEUSD | −0.0282% | 1h | 94.771 | −0.019% | $18.3M | $32.6M | 50x | as long as short |
| Phemex HYPEUSDT | −0.0261% | 8h | 94.756 | −0.035% | $12.9M | $2.2M | 50x | as long as short |
| Ondo Perps HYPE-USD.P | −0.0228% | 1h | 94.770 | −0.021% | $677K | $1.3M | 10x | as long as short |
| Bluefin HYPE-PERP | −0.0221% | 1h | 94.700 | −0.095% | $78K | $130K | 20x | as long as short |
| Lighter HYPE | −0.0104% | 1h | 94.759 | −0.032% | $16.5M | $55.2M | 20x | as long as short |
| Aster HYPEUSDT | −0.0101% | 4h | 94.759 | −0.032% | $9.0M | $34.3M | 300x | as long as short |
| 01 Exchange HYPEUSD | −0.0096% | 1h | 94.794 | +0.005% | $102K | $349K | 20x | as long as short |
| Gate HYPE_USDT | −0.0082% | 4h | 94.785 | −0.005% | $55.9M | $52.6M | 75x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 94.894 | +0.110% | $3K | $421 | 25x | as long as short |
| Orderly PERP_HYPE_USDC | −0.0073% | 4h | 94.698 | −0.097% | $147K | $642K | 20x | as long as short |
Kraken Futures PF_HYPEUSD
Phemex HYPEUSDT
Ondo Perps HYPE-USD.P
Bluefin HYPE-PERP
Lighter HYPE
Aster HYPEUSDT
01 Exchange HYPEUSD
Gate HYPE_USDT
Hotstuff HYPE-PERP
Orderly PERP_HYPE_USDCShow all 55 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International HYPE-PERP-INTX | −0.0064% | 1h | 94.750 | −0.042% | $4.7M | $5.4M | 50x | as long as short |
| Aftermath Perps HYPEUSD | −0.0049% | 1h | 95.040 | +0.264% | $22K | $17K | 10x | as long as short |
| OKX HYPE-USDT-SWAP | −0.0042% | 8h | 94.760 | −0.031% | $119.0M | $302.5M | 50x | as long as short |
| Bitget HYPEUSDT | −0.0028% | 4h | 94.774 | −0.016% | $229.5M | $85.7M | 75x | as long as short |
| Bullet HYPE-USD | −0.0021% | 1h | 94.757 | −0.034% | $114K | $585K | 20x | as long as short |
| Phoenix HYPE | −0.0017% | 1h | 94.936 | +0.154% | $198K | $1.1M | 10x | as long as short |
| ApeX Omni HYPEUSDT | −0.0010% | 1h | 95.003 | +0.225% | $323K | $925K | 50x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 94.862 | +0.077% | $128K | $96K | 5x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 94.805 | +0.017% | $23K | $248K | 10x | as long as short |
| gTrade (Gains Network) HYPE/USDlong | L +0.0002% / S −0.0001% | 1h | 94.790 | long leg | $99K | — | 150x | |
| Derive HYPE-PERP | +0.0020% | 1h | 94.685 | −0.110% | $16.3M | $7.0M | 10x | as long as short |
| edgeX HYPEUSDC | +0.0025% | 4h | 94.997 | +0.219% | $5.0M | $27.9M | 30x | as long as short |
| Bybit HYPEUSDT | +0.0026% | 8h | 94.770 | −0.021% | $320.0M | $261.9M | 75x | as long as short |
| Popdex HYPEUSDT | +0.0032% | 1h | 94.808 | +0.019% | $274K | $998K | 50x | as long as short |
| MEXC HYPE_USDT | +0.0032% | 4h | 94.770 | −0.021% | $89.6M | $82.3M | 100x | as long as short |
| Binance HYPEUSDT | +0.0033% | 4h | 94.740 | −0.052% | $382.0M | $848.3M | 75x | as long as short |
| SoDEX HYPE-USD | +0.0040% | 1h | 94.760 | −0.031% | $2.1M | $335K | 10x | as long as short |
| BingX HYPE-USDT | +0.0042% | 4h | 94.733 | −0.060% | — | $49.6M | — | as long as short |
| Backpack HYPE_USDC_PERP | +0.0054% | 1h | 94.750 | −0.042% | $6.8M | $12.3M | 20x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0056% | 1h | 94.824 | +0.036% | $7.5M | $4.2M | 50x | as long as short |
| KuCoin HYPEUSDTM | +0.0088% | 4h | 94.749 | −0.043% | $47.4M | $17.7M | 75x | as long as short |
| Aevo HYPE-PERP | +0.0088% | 1h | 94.721 | −0.072% | $400K | $125K | 20x | as long as short |
| Paradex HYPE-USD-PERP | +0.0092% | 8h | 94.826 | +0.038% | $338K | $30K | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 94.774 | −0.016% | $3.2M | $9.8M | 20x | as long as short |
| Katana Perps HYPE-USD | +0.0099% | 8h | 94.760 | −0.031% | $39K | $1.5M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 94.816 | +0.028% | $7.2M | $50.0M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 94.886 | +0.102% | $2.10B | $639.6M | 10x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 94.845 | +0.058% | $10.2M | $12.9M | 20x | as long as short |
| Arcus HYPE-USD | +0.0100% | 1h | 94.806 | +0.017% | $1.0M | $2.8M | 10x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 95.036 | +0.260% | $228K | $20K | 10x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 95.030 | +0.253% | $29.7M | $52.1M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 95.002 | +0.224% | $7.7M | $41.1M | 10x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 94.901 | +0.118% | $690K | $2.6M | 20x | as long as short |
| Vest HYPE-PERPshort | +0.0100% | 1h | 94.877 | +0.092% | — | $80K | 5x | |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 94.805 | +0.016% | $497K | $2.4M | 20x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 94.800 | +0.011% | $32K | $1.4M | 20x | as long as short |
| HTX HYPE-USDT | +0.0100% | 4h | 94.850 | +0.064% | $1.4M | $5.3M | 75x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 94.734 | −0.059% | $18.2M | $37.4M | 50x | as long as short |
| Kalshi KXHYPEPERP | +0.0119% | 8h | 94.872 | +0.087% | $1.8M | $5.1M | 2.3x | as long as short |
| BloFin HYPE-USDT | +0.0135% | 4h | 94.728 | −0.065% | $17.5M | $11.5M | 75x | as long as short |
| RISEx HYPE/USDC | +0.0138% | 1h | 94.820 | +0.032% | $3.1M | $5.2M | 20x | as long as short |
| Reya HYPERUSDPERP | +0.0268% | 1h | 94.745 | −0.048% | $84K | $90K | 15x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0330% / S −0.0155% | 1h | 94.797 | +0.008% | $1.4M | — | 100x | as long as short |
| Hibachi HYPE/USDT-P | +0.1016% | 1h | 94.967 | +0.187% | $214K | $277K | 7x | as long as short |
| Injective HYPE/USDC PERP | +0.1234% | 1h | 95.420 | +0.665% | $31K | $334K | 12x | as long as short |
Coinbase International HYPE-PERP-INTX
Aftermath Perps HYPEUSD
OKX HYPE-USDT-SWAP
Bitget HYPEUSDT
Bullet HYPE-USD
Phoenix HYPE
ApeX Omni HYPEUSDT
dYdX HYPE-USD
Perpl HYPE
Derive HYPE-PERP
edgeX HYPEUSDC
Bybit HYPEUSDT
Popdex HYPEUSDT
MEXC HYPE_USDT
Binance HYPEUSDT
SoDEX HYPE-USD
BingX HYPE-USDT
Backpack HYPE_USDC_PERP
Deribit HYPE_USDC-PERPETUAL
KuCoin HYPEUSDTM
Aevo HYPE-PERP
Paradex HYPE-USD-PERP
Lighter RH HYPE
Katana Perps HYPE-USD
Nado HYPE-PERP
Hyperliquid HYPE
Pacifica HYPE
Arcus HYPE-USD
Bulk HYPE-USD
Variational Omni HYPE
GRVT HYPE_USDT_Perp
StandX HYPE-USD
Polymarket Perps HYPE-USD
SunX HYPE-USDT
HTX HYPE-USDT
Extended HYPE-USD
Kalshi KXHYPEPERP
BloFin HYPE-USDT
RISEx HYPE/USDC
Reya HYPERUSDPERP
GMX HYPE/USD [WBTC.b-USDC]
Hibachi HYPE/USDT-P
Injective HYPE/USDC PERP