Funding you earn now, next payment 04:00 UTC−0.0226%/8h= −24.8% APRpaid last 24h −0.070%
Price spread now: edgeX against GMX+0.501%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 3 days (all we have)−0.194%−$19 on $10k
+Price spread, last 4 days (all we have)−0.593%−$59 · spread now +0.501%, 7d avg −0.016%
=Together, before fees−0.787%+ Points / potential airdropedgeX: Active · farm board−$79 on $10k · with fees, hour by hour
The price spread pays, funding is against you. edgeX is 0.517% dearer against GMX than usual: you sell high and buy low (spread +0.501% now, against its 7-day average of −0.016%): +$52 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 7.6 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX HYPE/USD [WBTC.b-USDC] | 92.313 | L +0.0329% / S −0.0153% | pay 0.0041% / 1h | 48m 25s | $1.4M | — | 100x |
| Short | edgeX HYPEUSDC | 92.776 | 0.0103 | get 0.0052% / 4h | 48m 25s | $5.1M | $29.2M | 30x |
GMX HYPE/USD [WBTC.b-USDC]
edgeX HYPEUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against GMX. 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
- −$47.53
- Price spread: +0.501% → −0.016%
- $51.69
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$16.84
- Costs to cover
- 0.210%
- Break-even
- from the start
Slippage unknown: GMX: no order-book sample; edgeX: live order book, 1 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 GMX no order-book sample | — | — | — | — | — |
| Sell edgeX live order book, 1 min ago | 0.05 bp | 4.9 bp −$5 | 5.6 bp −$56 | doesn't fit | doesn't fit |
GMX: 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 | |
|---|---|---|---|---|---|---|---|---|
| Arcus HYPE-USD | −0.0948% | 1h | 92.181 | −0.143% | $1.2M | $3.8M | 10x | as long as short |
| Hibachi HYPE/USDT-P | −0.0680% | 1h | 92.323 | +0.011% | $194K | $227K | 7x | as long as short |
| 01 Exchange HYPEUSD | −0.0120% | 1h | 92.171 | −0.154% | $86K | $352K | 20x | as long as short |
| Aftermath Perps HYPEUSD | −0.0116% | 1h | 92.540 | +0.245% | $22K | $21K | 10x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 92.337 | +0.026% | $3K | $331 | 25x | as long as short |
| Bullet HYPE-USD | −0.0074% | 1h | 92.177 | −0.147% | $110K | $580K | 20x | as long as short |
| Orderly PERP_HYPE_USDC | −0.0068% | 4h | 92.272 | −0.045% | $157K | $663K | 20x | as long as short |
| Ondo Perps HYPE-USD.P | −0.0051% | 1h | 92.230 | −0.090% | $699K | $1.1M | 10x | as long as short |
| Aster HYPEUSDT | −0.0009% | 4h | 92.227 | −0.093% | $8.7M | $36.3M | 300x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 92.322 | +0.010% | $127K | $31K | 5x | as long as short |
Arcus HYPE-USD
Hibachi HYPE/USDT-P
01 Exchange HYPEUSD
Aftermath Perps HYPEUSD
Hotstuff HYPE-PERP
Bullet HYPE-USD
Orderly PERP_HYPE_USDC
Ondo Perps HYPE-USD.P
Aster HYPEUSDT
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 | 92.216 | −0.106% | $22K | $310K | 10x | as long as short |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0002% | 1h | 92.214 | −0.107% | $61K | — | 150x | as long as short |
| Derive HYPE-PERP | +0.0020% | 1h | 92.242 | −0.077% | $16.0M | $7.5M | 10x | as long as short |
| BingX HYPE-USDT | +0.0032% | 4h | 92.249 | −0.069% | — | $53.2M | — | as long as short |
| Bybit HYPEUSDT | +0.0037% | 8h | 92.230 | −0.090% | $315.7M | $280.6M | 75x | as long as short |
| Phoenix HYPE | +0.0043% | 1h | 92.430 | +0.127% | $210K | $1.2M | 10x | as long as short |
| Phemex HYPEUSDT | +0.0045% | 8h | 92.304 | −0.010% | $12.5M | $2.7M | 50x | as long as short |
| Gate HYPE_USDT | +0.0046% | 4h | 92.263 | −0.054% | $44.3M | $54.6M | 75x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0075% | 8h | 92.174 | −0.151% | $112.7M | $300.3M | 50x | as long as short |
| Binance HYPEUSDT | +0.0078% | 4h | 92.222 | −0.099% | $370.8M | $895.4M | 75x | as long as short |
| MEXC HYPE_USDT | +0.0078% | 4h | 92.189 | −0.134% | $87.1M | $80.3M | 100x | as long as short |
| Popdex HYPEUSDT | +0.0080% | 1h | 92.198 | −0.125% | $67K | $1.2M | 50x | as long as short |
| Paradex HYPE-USD-PERP | +0.0091% | 8h | 92.288 | −0.028% | $337K | $162K | 20x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 92.262 | −0.055% | $15.9M | $62.1M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 92.268 | −0.049% | $3.1M | $11.6M | 20x | as long as short |
| Katana Perps HYPE-USD | +0.0099% | 8h | 92.200 | −0.123% | $13K | $1.7M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 92.266 | −0.052% | $5.8M | $43.1M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 92.264 | −0.053% | $2.01B | $662.5M | 10x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 92.287 | −0.028% | $10.0M | $15.0M | 20x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 92.800 | +0.527% | $202K | $13K | 10x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 92.201 | −0.121% | $45.7M | $18.3M | 75x | as long as short |
| Bitget HYPEUSDT | +0.0100% | 4h | 92.189 | −0.134% | $223.0M | $97.9M | 75x | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 92.280 | −0.036% | $7.3M | $10.2M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 92.469 | +0.169% | $28.5M | $57.1M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 92.799 | +0.526% | $7.5M | $45.8M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 92.488 | +0.189% | $338K | $1.0M | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 92.373 | +0.065% | $662K | $2.7M | 20x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 92.276 | −0.040% | — | $243K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 92.241 | −0.078% | $474K | $2.6M | 20x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 92.331 | +0.019% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 92.288 | −0.027% | $2.0M | $2.0M | 10x | as long as short |
| HTX HYPE-USDT | +0.0100% | 4h | 92.476 | +0.176% | $1.4M | $6.2M | 75x | as long as short |
| edgeX HYPEUSDCshort | +0.0103% | 4h | 92.776 | +0.501% | $5.1M | $29.2M | 30x | |
| Extended HYPE-USD | +0.0104% | 1h | 92.234 | −0.086% | $18.1M | $43.4M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0104% | 1h | 92.276 | −0.040% | $390K | $164K | 20x | as long as short |
| Injective HYPE/USDC PERP | +0.0150% | 1h | 92.250 | −0.068% | $30K | $339K | 12x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0160% | 1h | 92.350 | +0.040% | $4.7M | $5.5M | 50x | as long as short |
| Reya HYPERUSDPERP | +0.0260% | 1h | 92.186 | −0.138% | $78K | $140K | 15x | as long as short |
| Kalshi KXHYPEPERP | +0.0262% | 8h | 92.333 | +0.022% | $1.8M | $5.4M | 2.3x | as long as short |
| BloFin HYPE-USDT | +0.0316% | 4h | 92.252 | −0.066% | $16.7M | $11.5M | 75x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC]long | L +0.0329% / S −0.0153% | 1h | 92.313 | long leg | $1.4M | — | 100x | |
| Kraken Futures PF_HYPEUSD | +0.0333% | 1h | 92.330 | +0.018% | $20.5M | $30.4M | 50x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0378% | 1h | 92.379 | +0.071% | $7.5M | $4.4M | 50x | as long as short |
| RISEx HYPE/USDC | +0.0687% | 1h | 92.338 | +0.027% | $3.1M | $6.4M | 20x | as long as short |
| Bluefin HYPE-PERP | +0.0850% | 1h | 92.242 | −0.077% | $78K | $169K | 20x | as long as short |
Perpl HYPE
gTrade (Gains Network) HYPE/USD
Derive HYPE-PERP
BingX HYPE-USDT
Bybit HYPEUSDT
Phoenix HYPE
Phemex HYPEUSDT
Gate HYPE_USDT
OKX HYPE-USDT-SWAP
Binance HYPEUSDT
MEXC HYPE_USDT
Popdex HYPEUSDT
Paradex HYPE-USD-PERP
Lighter HYPE
Lighter RH HYPE
Katana Perps HYPE-USD
Nado HYPE-PERP
Hyperliquid HYPE
Pacifica HYPE
Bulk HYPE-USD
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
SunX HYPE-USDT
SoDEX HYPE-USD
HTX HYPE-USDT
Extended HYPE-USD
Aevo HYPE-PERP
Injective HYPE/USDC PERP
Coinbase International HYPE-PERP-INTX
Reya HYPERUSDPERP
Kalshi KXHYPEPERP
BloFin HYPE-USDT
Kraken Futures PF_HYPEUSD
Deribit HYPE_USDC-PERPETUAL
RISEx HYPE/USDC
Bluefin HYPE-PERP