Funding you earn now, next payment 06:00 UTC−0.0237%/8h= −26.0% APRnext payment −$0.30 per $10,000 · paid last 24h −0.065%
Price spread now: Lighter RH against GMX+0.008%7-day average +0.003% · 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)−0.199%−$20 on $10k
+Price spread, last 4 days (all we have)−0.082%−$8 · spread now +0.008%, 7d avg +0.003%
=Together, before fees−0.281%+ Points / potential airdropLighter RH: Points live · farm board−$28 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.003%, so right now this pair is about funding alone: −$7 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX HYPE/USD [WBTC.b-USDC] | 94.106 | L +0.0333% / S −0.0154% | pay 0.0042% / 1h | 15m 05s | $1.4M | — | 100x |
| Short | Lighter RH HYPE | 94.114 | 0.0096 | get 0.0012% / 1h | 15m 05s | $3.1M | $11.5M | 20x |
GMX HYPE/USD [WBTC.b-USDC]
Lighter RH HYPEFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH 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
- −$49.81
- Price spread: +0.008% → +0.003%
- $0.54
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$61.26
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; Lighter RH: live order book, 4 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 Lighter RH live order book, 4 min ago | 0.96 bp | 2.1 bp −$2 | 4.8 bp −$48 | 27.3 bp −$2,734 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Hibachi HYPE/USDT-P | −0.1328% | 1h | 94.084 | −0.024% | $199K | $239K | 7x | as long as short |
| Aftermath Perps HYPEUSD | −0.0396% | 1h | 93.861 | −0.261% | $22K | $21K | 10x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 94.117 | +0.011% | $3K | $331 | 25x | as long as short |
| Bullet HYPE-USD | −0.0021% | 1h | 94.103 | −0.004% | $112K | $580K | 20x | as long as short |
| Orderly PERP_HYPE_USDC | −0.0017% | 4h | 94.069 | −0.040% | $147K | $678K | 20x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 94.106 | −0.001% | $129K | $29K | 5x | as long as short |
| 01 Exchange HYPEUSD | 0.0000% | 1h | 94.126 | +0.021% | $86K | $372K | 20x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 94.112 | +0.006% | $23K | $290K | 10x | as long as short |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0002% | 1h | 94.110 | +0.004% | $63K | — | 150x | as long as short |
| Arcus HYPE-USD | +0.0011% | 1h | 94.055 | −0.055% | $1.0M | $3.9M | 10x | as long as short |
Hibachi HYPE/USDT-P
Aftermath Perps HYPEUSD
Hotstuff HYPE-PERP
Bullet HYPE-USD
Orderly PERP_HYPE_USDC
dYdX HYPE-USD
01 Exchange HYPEUSD
Perpl HYPE
gTrade (Gains Network) HYPE/USD
Arcus HYPE-USDShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget HYPEUSDT | +0.0018% | 4h | 94.106 | 0.000% | $227.0M | $99.3M | 75x | as long as short |
| Bybit HYPEUSDT | +0.0022% | 8h | 94.087 | −0.021% | $319.2M | $284.0M | 75x | as long as short |
| Phoenix HYPE | +0.0026% | 1h | 94.174 | +0.072% | $209K | $1.2M | 10x | as long as short |
| Phemex HYPEUSDT | +0.0026% | 8h | 94.117 | +0.011% | $12.8M | $2.8M | 50x | as long as short |
| Ondo Perps HYPE-USD.P | +0.0068% | 1h | 94.080 | −0.028% | $709K | $1.2M | 10x | as long as short |
| edgeX HYPEUSDC | +0.0094% | 4h | 94.117 | +0.012% | $5.0M | $30.2M | 30x | as long as short |
| Paradex HYPE-USD-PERP | +0.0095% | 8h | 94.142 | +0.038% | $342K | $158K | 20x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 94.115 | +0.009% | $16.3M | $63.6M | 20x | as long as short |
| Lighter RH HYPEshort | +0.0096% | 1h | 94.114 | +0.008% | $3.1M | $11.5M | 20x | |
| Popdex HYPEUSDT | +0.0096% | 1h | 94.108 | +0.002% | $71K | $1.2M | 50x | as long as short |
| Katana Perps HYPE-USD | +0.0100% | 8h | 94.050 | −0.060% | $28K | $1.7M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 94.059 | −0.050% | $7.3M | $48.9M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 94.182 | +0.080% | $2.06B | $675.3M | 10x | as long as short |
| Aster HYPEUSDT | +0.0100% | 4h | 94.117 | +0.011% | $8.8M | $36.5M | 300x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 94.141 | +0.037% | $10.1M | $15.4M | 20x | as long as short |
| Binance HYPEUSDT | +0.0100% | 4h | 94.112 | +0.006% | $377.8M | $919.7M | 75x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0100% | 8h | 94.108 | +0.002% | $116.2M | $315.1M | 50x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 93.358 | −0.795% | $216K | $15K | 10x | as long as short |
| Gate HYPE_USDT | +0.0100% | 4h | 94.090 | −0.017% | $48.0M | $55.2M | 75x | as long as short |
| MEXC HYPE_USDT | +0.0100% | 4h | 94.110 | +0.004% | $90.4M | $81.8M | 100x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 94.110 | +0.004% | $46.5M | $18.9M | 75x | as long as short |
| BingX HYPE-USDT | +0.0100% | 4h | 94.096 | −0.011% | — | $53.6M | — | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 94.130 | +0.025% | $7.2M | $10.7M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 94.099 | −0.007% | $28.9M | $56.4M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 93.979 | −0.136% | $7.7M | $48.0M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 94.161 | +0.058% | $345K | $994K | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 94.161 | +0.058% | $674K | $2.8M | 20x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 94.171 | +0.069% | — | $243K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 94.103 | −0.004% | $494K | $2.7M | 20x | as long as short |
| Bluefin HYPE-PERP | +0.0100% | 1h | 94.107 | +0.001% | $80K | $165K | 20x | as long as short |
| Derive HYPE-PERP | +0.0100% | 1h | 94.085 | −0.023% | $16.2M | $7.4M | 10x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 94.167 | +0.064% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 94.111 | +0.005% | $2.0M | $1.9M | 10x | as long as short |
| HTX HYPE-USDT | +0.0100% | 4h | 94.246 | +0.148% | $1.4M | $6.5M | 75x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 94.086 | −0.022% | $18.3M | $43.2M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0104% | 1h | 94.092 | −0.015% | $398K | $159K | 20x | as long as short |
| Kalshi KXHYPEPERP | +0.0121% | 8h | 94.154 | +0.051% | $1.8M | $5.6M | 2.3x | as long as short |
| Injective HYPE/USDC PERP | +0.0122% | 1h | 94.180 | +0.078% | $30K | $339K | 12x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0144% | 1h | 94.140 | +0.036% | $4.7M | $6.0M | 50x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0239% | 1h | 94.182 | +0.080% | $7.5M | $4.1M | 50x | as long as short |
| Reya HYPERUSDPERP | +0.0270% | 1h | 94.103 | −0.003% | $80K | $127K | 15x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC]long | L +0.0333% / S −0.0154% | 1h | 94.106 | long leg | $1.4M | — | 100x | |
| Kraken Futures PF_HYPEUSD | +0.0338% | 1h | 94.195 | +0.094% | $21.0M | $29.6M | 50x | as long as short |
| BloFin HYPE-USDT | +0.0340% | 4h | 94.105 | −0.002% | $16.8M | $12.0M | 75x | as long as short |
| RISEx HYPE/USDC | +0.0527% | 1h | 94.149 | +0.045% | $3.2M | $6.3M | 20x | as long as short |
Bitget HYPEUSDT
Bybit HYPEUSDT
Phoenix HYPE
Phemex HYPEUSDT
Ondo Perps HYPE-USD.P
edgeX HYPEUSDC
Paradex HYPE-USD-PERP
Lighter HYPE
Popdex HYPEUSDT
Katana Perps HYPE-USD
Nado HYPE-PERP
Hyperliquid HYPE
Aster HYPEUSDT
Pacifica HYPE
Binance HYPEUSDT
OKX HYPE-USDT-SWAP
Bulk HYPE-USD
Gate HYPE_USDT
MEXC HYPE_USDT
KuCoin HYPEUSDTM
BingX HYPE-USDT
Backpack HYPE_USDC_PERP
Variational Omni HYPE
GRVT HYPE_USDT_Perp
ApeX Omni HYPEUSDT
StandX HYPE-USD
Vest HYPE-PERP
Polymarket Perps HYPE-USD
Bluefin HYPE-PERP
Derive HYPE-PERP
SunX HYPE-USDT
SoDEX HYPE-USD
HTX HYPE-USDT
Extended HYPE-USD
Aevo HYPE-PERP
Kalshi KXHYPEPERP
Injective HYPE/USDC PERP
Coinbase International HYPE-PERP-INTX
Deribit HYPE_USDC-PERPETUAL
Reya HYPERUSDPERP
Kraken Futures PF_HYPEUSD
BloFin HYPE-USDT
RISEx HYPE/USDC