Funding you earn now, next payment 03:00 UTC+0.0466%/8h= +51.0% APRpaid last 24h +0.067%
Price spread now: RISEx against Gate+0.102%7-day average +0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$21as in the Price arb table
costs, in and out, $10k−$300.302% of the position
Funding, last 4 days (all we have)+0.159%+$16 on $10k
+Price spread, last 7 days−0.098%−$10 · spread now +0.102%, 7d avg +0.012%
=Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and RISEx is 0.090% dearer against Gate than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.012%.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.159% in total (about 16.5% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate HYPE_USDT | 93.355 | 0.0044 | pay 0.0022% / 4h | 1h 40m | $44.5M | $54.7M | 75x |
| Short | RISEx HYPE/USDC | 93.450 | 0.0510 | get 0.0064% / 1h | 40m 10s | $3.2M | $6.5M | 20x |
Gate HYPE_USDT
RISEx HYPE/USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
RISEx against Gate. 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
- $97.84
- Price spread: +0.102% → +0.012%
- $8.97
- Slippage, 4 orders
- −$9.16
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee RISEx: 3 bp × 2 orders
- −$6
- Net
- $76.65
- Costs to cover
- 0.302%
- Break-even
- 1.5 days
Slippage from Gate: live order book, 4 min ago; RISEx: live order book, 4 min ago.
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 Gate live order book, 4 min ago | 0.11 bp | 11.2 bp −$11 | 16.2 bp −$162 | 28.7 bp −$2,874 | 51.5 bp −$25.7K |
| Sell RISEx live order book, 4 min ago | 1.98 bp | 5.0 bp −$5 | 6.1 bp −$61 | doesn't fit | doesn't fit |
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 | −0.1264% | 1h | 93.481 | +0.135% | $196K | $226K | 7x | as long as short |
| Arcus HYPE-USD | −0.0899% | 1h | 93.229 | −0.135% | $1.2M | $3.8M | 10x | as long as short |
| Bluefin HYPE-PERP | −0.0184% | 1h | 93.318 | −0.040% | $79K | $170K | 20x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 93.351 | −0.004% | $3K | $331 | 25x | as long as short |
| Phemex HYPEUSDT | −0.0063% | 8h | 93.304 | −0.055% | $12.6M | $2.7M | 50x | as long as short |
| Ondo Perps HYPE-USD.P | −0.0058% | 1h | 93.260 | −0.102% | $700K | $980K | 10x | as long as short |
| 01 Exchange HYPEUSD | −0.0048% | 1h | 93.402 | +0.050% | $85K | $346K | 20x | as long as short |
| Orderly PERP_HYPE_USDC | −0.0046% | 4h | 93.328 | −0.029% | $155K | $630K | 20x | as long as short |
| Aftermath Perps HYPEUSD | −0.0036% | 1h | 93.409 | +0.058% | $22K | $21K | 10x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 93.361 | +0.006% | $128K | $31K | 5x | as long as short |
Hibachi HYPE/USDT-P
Arcus HYPE-USD
Bluefin HYPE-PERP
Hotstuff HYPE-PERP
Phemex HYPEUSDT
Ondo Perps HYPE-USD.P
01 Exchange HYPEUSD
Orderly PERP_HYPE_USDC
Aftermath Perps HYPEUSD
dYdX HYPE-USDShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Perpl HYPE | 0.0000% | 43m | 93.394 | +0.042% | $23K | $322K | 10x | as long as short |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0002% | 1h | 93.364 | +0.009% | $62K | — | 150x | as long as short |
| Aster HYPEUSDT | +0.0016% | 4h | 93.332 | −0.025% | $8.8M | $35.6M | 300x | as long as short |
| Bullet HYPE-USD | +0.0021% | 1h | 93.334 | −0.022% | $111K | $578K | 20x | as long as short |
| Phoenix HYPE | +0.0026% | 1h | 93.549 | +0.208% | $213K | $1.2M | 10x | as long as short |
| BingX HYPE-USDT | +0.0026% | 4h | 93.346 | −0.010% | — | $53.1M | — | as long as short |
| Bybit HYPEUSDT | +0.0034% | 8h | 93.332 | −0.025% | $321.8M | $277.0M | 75x | as long as short |
| Gate HYPE_USDTlong | +0.0044% | 4h | 93.355 | long leg | $44.5M | $54.7M | 75x | |
| OKX HYPE-USDT-SWAP | +0.0078% | 8h | 93.342 | −0.014% | $114.1M | $302.0M | 50x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 93.351 | −0.004% | $16.3M | $61.6M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 93.347 | −0.009% | $3.1M | $11.5M | 20x | as long as short |
| Popdex HYPEUSDT | +0.0096% | 1h | 93.397 | +0.045% | $69K | $1.2M | 50x | as long as short |
| Paradex HYPE-USD-PERP | +0.0097% | 8h | 93.380 | +0.026% | $339K | $162K | 20x | as long as short |
| Binance HYPEUSDT | +0.0097% | 4h | 93.348 | −0.008% | $378.8M | $877.0M | 75x | as long as short |
| Katana Perps HYPE-USD | +0.0100% | 8h | 93.410 | +0.059% | $17K | $1.6M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 93.335 | −0.021% | $5.8M | $43.4M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 93.437 | +0.088% | $2.04B | $655.6M | 10x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 93.384 | +0.031% | $10.0M | $14.6M | 20x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 93.580 | +0.241% | $204K | $10K | 10x | as long as short |
| MEXC HYPE_USDT | +0.0100% | 4h | 93.344 | −0.012% | $89.9M | $80.7M | 100x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 93.364 | +0.010% | $45.9M | $18.1M | 75x | as long as short |
| Bitget HYPEUSDT | +0.0100% | 4h | 93.346 | −0.010% | $225.7M | $96.7M | 75x | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 93.315 | −0.043% | $7.4M | $10.4M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 93.317 | −0.041% | $31.1M | $53.9M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 93.553 | +0.212% | $7.6M | $45.6M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 93.487 | +0.141% | $340K | $999K | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 93.585 | +0.246% | $668K | $2.6M | 20x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 93.403 | +0.052% | — | $243K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 93.372 | +0.018% | $472K | $2.5M | 20x | as long as short |
| Derive HYPE-PERP | +0.0100% | 1h | 93.332 | −0.025% | $16.2M | $7.6M | 10x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 93.428 | +0.078% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 93.332 | −0.025% | $2.0M | $1.9M | 10x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 93.316 | −0.042% | $18.4M | $43.7M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0104% | 1h | 93.333 | −0.023% | $397K | $163K | 20x | as long as short |
| edgeX HYPEUSDC | +0.0116% | 4h | 93.476 | +0.130% | $5.1M | $29.6M | 30x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0176% | 1h | 93.440 | +0.091% | $4.9M | $5.4M | 50x | as long as short |
| HTX HYPE-USDT | +0.0199% | 4h | 93.510 | +0.166% | $1.4M | $6.0M | 75x | as long as short |
| Reya HYPERUSDPERP | +0.0257% | 1h | 93.331 | −0.025% | $79K | $140K | 15x | as long as short |
| Kalshi KXHYPEPERP | +0.0279% | 8h | 93.418 | +0.067% | $1.9M | $5.1M | 2.3x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0331% / S −0.0156% | 1h | 93.364 | +0.010% | $1.4M | — | 100x | as long as short |
| BloFin HYPE-USDT | +0.0340% | 4h | 93.300 | −0.059% | $16.9M | $11.6M | 75x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0393% | 1h | 93.426 | +0.076% | $7.4M | $4.4M | 50x | as long as short |
| RISEx HYPE/USDCshort | +0.0510% | 1h | 93.450 | +0.102% | $3.2M | $6.5M | 20x | |
| Injective HYPE/USDC PERP | +0.0519% | 1h | 93.200 | −0.166% | $30K | $339K | 12x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0685% | 1h | 93.408 | +0.057% | $20.7M | $30.1M | 50x | as long as short |
Perpl HYPE
gTrade (Gains Network) HYPE/USD
Aster HYPEUSDT
Bullet HYPE-USD
Phoenix HYPE
BingX HYPE-USDT
Bybit HYPEUSDT
OKX HYPE-USDT-SWAP
Lighter HYPE
Lighter RH HYPE
Popdex HYPEUSDT
Paradex HYPE-USD-PERP
Binance HYPEUSDT
Katana Perps HYPE-USD
Nado HYPE-PERP
Hyperliquid HYPE
Pacifica HYPE
Bulk HYPE-USD
MEXC HYPE_USDT
KuCoin HYPEUSDTM
Bitget HYPEUSDT
Backpack HYPE_USDC_PERP
Variational Omni HYPE
GRVT HYPE_USDT_Perp
ApeX Omni HYPEUSDT
StandX HYPE-USD
Vest HYPE-PERP
Polymarket Perps HYPE-USD
Derive HYPE-PERP
SunX HYPE-USDT
SoDEX HYPE-USD
Extended HYPE-USD
Aevo HYPE-PERP
edgeX HYPEUSDC
Coinbase International HYPE-PERP-INTX
HTX HYPE-USDT
Reya HYPERUSDPERP
Kalshi KXHYPEPERP
GMX HYPE/USD [WBTC.b-USDC]
BloFin HYPE-USDT
Deribit HYPE_USDC-PERPETUAL
Injective HYPE/USDC PERP
Kraken Futures PF_HYPEUSD