HYPE

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0058%/8h= −6.4% APRnext payment −$0.07 per $10,000 · paid last 24h −0.002%

Price spread now: 01 Exchange against gTrade (Gains Network)−0.068%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on gTrade (Gains Network)Short on 01 Exchange

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 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and 01 Exchange is 0.068% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) HYPE/USD	93.414	L +0.0002% / S −0.0002%	pay 0.0000% / 1h	36m 21s	$62K	—	150x
Short	01 Exchange HYPEUSD	93.351	−0.0056	pay 0.0007% / 1h	36m 21s	$85K	$344K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

01 Exchange 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

Position, each leg$Hold fordaysFee gTrade (Gains Network)bpFee 01 ExchangebpOrdersPrice spread, now −0.068%Rate

Funding earned: −$12.24
Price spread: −0.068% → 0.000%: −$6.77
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: −$36.01
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: gTrade (Gains Network): no order-book sample; 01 Exchange: live order book, 28 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 01 Exchange live order book, 28 min ago	0.80 bp	6.0 bp −$6	9.7 bp −$97	doesn't fit	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	−0.1296%	1h	93.292	−0.131%	$196K	$226K	7x	as long as short
Arcus HYPE-USD	−0.0899%	1h	93.254	−0.171%	$1.2M	$3.8M	10x	as long as short
Ondo Perps HYPE-USD.P	−0.0085%	1h	93.340	−0.079%	$699K	$982K	10x	as long as short
Hotstuff HYPE-PERP	−0.0080%	1h	93.343	−0.076%	$3K	$331	25x	as long as short
01 Exchange HYPEUSDshort	−0.0056%	1h	93.351	−0.068%	$85K	$344K	20x
Phemex HYPEUSDT	−0.0056%	8h	93.365	−0.053%	$12.6M	$2.7M	50x	as long as short
Aftermath Perps HYPEUSD	−0.0053%	1h	93.379	−0.038%	$22K	$21K	10x	as long as short
Orderly PERP_HYPE_USDC	−0.0045%	4h	93.354	−0.064%	$155K	$634K	20x	as long as short
Bullet HYPE-USD	−0.0016%	1h	93.392	−0.024%	$112K	$577K	20x	as long as short
dYdX HYPE-USD	0.0000%	1h	93.361	−0.057%	$128K	$31K	5x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Perpl HYPE	0.0000%	43m	93.398	−0.017%	$23K	$322K	10x	as long as short
gTrade (Gains Network) HYPE/USDlong	L +0.0002% / S −0.0002%	1h	93.414	long leg	$62K	—	150x
Aster HYPEUSDT	+0.0017%	4h	93.366	−0.052%	$8.8M	$35.5M	300x	as long as short
Phoenix HYPE	+0.0026%	1h	93.398	−0.017%	$213K	$1.2M	10x	as long as short
BingX HYPE-USDT	+0.0026%	4h	93.386	−0.030%	—	$53.0M	—	as long as short
Bybit HYPEUSDT	+0.0032%	8h	93.380	−0.037%	$321.3M	$277.2M	75x	as long as short
Gate HYPE_USDT	+0.0058%	4h	93.384	−0.032%	$44.6M	$54.8M	75x	as long as short
OKX HYPE-USDT-SWAP	+0.0078%	8h	93.385	−0.031%	$114.2M	$302.0M	50x	as long as short
Lighter HYPE	+0.0096%	1h	93.424	+0.010%	$16.3M	$61.6M	20x	as long as short
Lighter RH HYPE	+0.0096%	1h	93.397	−0.018%	$3.1M	$11.6M	20x	as long as short
Popdex HYPEUSDT	+0.0096%	1h	93.341	−0.078%	$69K	$1.2M	50x	as long as short
MEXC HYPE_USDT	+0.0096%	4h	93.372	−0.045%	$89.8M	$80.7M	100x	as long as short
Paradex HYPE-USD-PERP	+0.0097%	8h	93.431	+0.018%	$339K	$162K	20x	as long as short
Binance HYPEUSDT	+0.0098%	4h	93.393	−0.023%	$378.7M	$876.4M	75x	as long as short
Katana Perps HYPE-USD	+0.0100%	8h	93.340	−0.079%	$17K	$1.6M	10x	as long as short
Nado HYPE-PERP	+0.0100%	1h	93.388	−0.029%	$5.8M	$43.3M	10x	as long as short
Hyperliquid HYPE	+0.0100%	1h	93.437	+0.024%	$2.04B	$653.5M	10x	as long as short
Pacifica HYPE	+0.0100%	1h	93.412	−0.002%	$10.0M	$14.6M	20x	as long as short
Bulk HYPE-USD	+0.0100%	1h	93.580	+0.177%	$204K	$10K	10x	as long as short
KuCoin HYPEUSDTM	+0.0100%	4h	93.374	−0.043%	$45.9M	$18.1M	75x	as long as short
Bitget HYPEUSDT	+0.0100%	4h	93.358	−0.060%	$225.8M	$96.6M	75x	as long as short
Backpack HYPE_USDC_PERP	+0.0100%	1h	93.350	−0.069%	$7.4M	$10.3M	20x	as long as short
Variational Omni HYPE	+0.0100%	8h	93.317	−0.104%	$31.1M	$53.9M	—	as long as short
GRVT HYPE_USDT_Perp	+0.0100%	4h	93.307	−0.115%	$7.5M	$45.6M	10x	as long as short
ApeX Omni HYPEUSDT	+0.0100%	1h	93.310	−0.112%	$339K	$999K	50x	as long as short
StandX HYPE-USD	+0.0100%	1h	93.386	−0.030%	$666K	$2.6M	20x	as long as short
Vest HYPE-PERP	+0.0100%	1h	93.392	−0.024%	—	$243K	5x	as long as short
Polymarket Perps HYPE-USD	+0.0100%	1h	93.381	−0.036%	$472K	$2.5M	20x	as long as short
Bluefin HYPE-PERP	+0.0100%	1h	93.375	−0.042%	$79K	$170K	20x	as long as short
Derive HYPE-PERP	+0.0100%	1h	93.341	−0.079%	$16.2M	$7.5M	10x	as long as short
SunX HYPE-USDT	+0.0100%	4h	93.423	+0.009%	$32K	$1.6M	20x	as long as short
SoDEX HYPE-USD	+0.0100%	1h	93.352	−0.067%	$2.0M	$1.9M	10x	as long as short
Extended HYPE-USD	+0.0104%	1h	93.350	−0.069%	$18.4M	$43.6M	50x	as long as short
Aevo HYPE-PERP	+0.0104%	1h	93.338	−0.082%	$397K	$162K	20x	as long as short
edgeX HYPEUSDC	+0.0108%	4h	93.349	−0.070%	$5.1M	$29.6M	30x	as long as short
Coinbase International HYPE-PERP-INTX	+0.0176%	1h	93.400	−0.015%	$4.8M	$5.6M	50x	as long as short
HTX HYPE-USDT	+0.0195%	4h	93.540	+0.135%	$1.4M	$6.0M	75x	as long as short
Reya HYPERUSDPERP	+0.0258%	1h	93.358	−0.060%	$79K	$140K	15x	as long as short
Kalshi KXHYPEPERP	+0.0277%	8h	93.380	−0.037%	$1.9M	$5.0M	2.3x	as long as short
GMX HYPE/USD [WBTC.b-USDC]	L +0.0331% / S −0.0156%	1h	93.410	−0.004%	$1.4M	—	100x	as long as short
BloFin HYPE-USDT	+0.0336%	4h	93.364	−0.054%	$17.0M	$11.6M	75x	as long as short
Deribit HYPE_USDC-PERPETUAL	+0.0393%	1h	93.441	+0.029%	$7.4M	$4.4M	50x	as long as short
RISEx HYPE/USDC	+0.0510%	1h	93.453	+0.041%	$3.2M	$6.4M	20x	as long as short
Injective HYPE/USDC PERP	+0.0519%	1h	93.180	−0.251%	$30K	$339K	12x	as long as short
Kraken Futures PF_HYPEUSD	+0.0685%	1h	93.423	+0.009%	$20.7M	$29.9M	50x	as long as short