Settings8H · net · $10k
FundingCostsSizeExchangesMy alerts
Funding arb · Price arb /

HYPE

all HYPE markets
SwapBacktest
Alert: funding
Measured
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Alert: spread
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding you earn now, next payment 09:00 UTC+0.0551%/8h= +60.4% APRnext payment +$0.69 per $10,000 · paid last 24h +0.229%
Price spread now: Aftermath Perps against Hibachi−0.065%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Long on HibachiShort on Aftermath Perps
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)—no history yet
Price spread, last 7 days—no price history on both exchanges yet
Together, before fees—+ Points / potential airdropHibachi: Active · farm boardneeds both histories
Funding pays, the price is against you. Aftermath Perps is 0.065% cheaper against Hibachi than usual: you would sell low and buy high (spread −0.065% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 9 hours of funding at the current rate (+$17 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHibachi HYPE/USDT-P95.071−0.0808get 0.0101% / 1h14m 46s$212K$265K7x
ShortAftermath Perps HYPEUSD95.009−0.0257pay 0.0032% / 1h14m 46s$22K$19K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aftermath Perps against Hibachi. 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

Funding earned
$115.81
Price spread: −0.065% → 0.000%
−$6.5
Slippage, 4 orders
no order book: not counted
Fee Hibachi: 4.5 bp × 2 orders
−$9
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Net
$91.32
Costs to cover
0.180%
Break-even
1.5 days
Slippage unknown: Hibachi: live order book, 19 min ago; Aftermath Perps: 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
LegHalf-spread$10k$100k$1M$5M
Buy Hibachi live order book, 19 min ago11.01 bp15.5 bp −$1634.9 bp −$349doesn't fitdoesn't fit
Sell Aftermath Perps no order-book sample—————
Aftermath Perps: 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 54 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hibachi HYPE/USDT-Plong−0.0808%1h95.071long leg$212K$265K7x
Bluefin HYPE-PERP−0.0543%1h95.009−0.065%$79K$148K20xas long as short
Phemex HYPEUSDT−0.0264%8h95.057−0.014%$13.0M$2.8M50xas long as short
Aftermath Perps HYPEUSDshort−0.0257%1h95.009−0.065%$22K$19K10x
Bullet HYPE-USD−0.0210%1h95.045−0.027%$113K$577K20xas long as short
Ondo Perps HYPE-USD.P−0.0134%1h95.040−0.032%$705K$1.3M10xas long as short
dYdX HYPE-USD−0.0131%1h95.078+0.008%$130K$93K5xas long as short
01 Exchange HYPEUSD−0.0112%1h95.099+0.030%$90K$356K20xas long as short
Arcus HYPE-USD−0.0112%1h95.053−0.019%$1.0M$3.2M10xas long as short
Hotstuff HYPE-PERP−0.0080%1h95.099+0.030%$3K$33125xas long as short
Show all 54 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_HYPEUSD−0.0047%1h95.055−0.016%$18.9M$35.7M50xas long as short
Bybit HYPEUSDT−0.0016%8h95.090+0.020%$319.6M$288.4M75xas long as short
Gate HYPE_USDT−0.0008%4h95.087+0.017%$52.7M$56.4M75xas long as short
Orderly PERP_HYPE_USDC−0.0005%4h95.045−0.027%$147K$670K20xas long as short
Kalshi KXHYPEPERP0.0000%8h95.155+0.089%$1.9M$5.5M2.3xas long as short
Perpl HYPE0.0000%43m95.111+0.042%$19K$274K10xas long as short
gTrade (Gains Network) HYPE/USDL +0.0002% / S −0.0001%1h95.070−0.001%$85K—150xas long as short
Phoenix HYPE+0.0008%1h95.182+0.117%$212K$1.2M10xas long as short
Coinbase International HYPE-PERP-INTX+0.0016%1h95.090+0.020%$4.7M$5.8M50xas long as short
Vest HYPE-PERP+0.0029%1h95.155+0.089%—$126K5xas long as short
OKX HYPE-USDT-SWAP+0.0037%8h95.091+0.021%$118.6M$324.1M50xas long as short
Bitget HYPEUSDT+0.0040%4h95.089+0.019%$228.3M$95.2M75xas long as short
Paradex HYPE-USD-PERP+0.0048%8h95.126+0.058%$340K$38K20xas long as short
Backpack HYPE_USDC_PERP+0.0057%1h95.059−0.012%$7.6M$10.1M20xas long as short
SoDEX HYPE-USD+0.0094%1h95.061−0.010%$2.1M$1.9M10xas long as short
Lighter HYPE+0.0096%1h95.061−0.010%$16.3M$63.8M20xas long as short
Lighter RH HYPE+0.0096%1h95.072+0.001%$3.2M$10.4M20xas long as short
Popdex HYPEUSDT+0.0096%1h95.057−0.014%$150K$1.2M50xas long as short
edgeX HYPEUSDC+0.0096%4h95.126+0.058%$5.1M$31.1M30xas long as short
Deribit HYPE_USDC-PERPETUAL+0.0097%1h95.143+0.076%$7.5M$4.4M50xas long as short
Katana Perps HYPE-USD+0.0100%8h95.080+0.010%$40K$1.5M10xas long as short
Nado HYPE-PERP+0.0100%1h95.053−0.018%$6.6M$51.8M10xas long as short
Hyperliquid HYPE+0.0100%1h95.234+0.172%$2.10B$678.3M10xas long as short
Aster HYPEUSDT+0.0100%4h95.093+0.023%$8.9M$36.8M300xas long as short
Pacifica HYPE+0.0100%1h95.110+0.041%$10.3M$14.2M20xas long as short
Binance HYPEUSDT+0.0100%4h95.107+0.038%$382.9M$916.7M75xas long as short
Bulk HYPE-USD+0.0100%1h95.126+0.059%$222K$14K10xas long as short
MEXC HYPE_USDT+0.0100%4h95.109+0.040%$98.1M$89.0M100xas long as short
KuCoin HYPEUSDTM+0.0100%4h95.096+0.027%$47.4M$18.6M75xas long as short
BingX HYPE-USDT+0.0100%4h95.102+0.033%—$52.8M—as long as short
Variational Omni HYPE+0.0100%8h95.091+0.021%$29.9M$56.4M—as long as short
GRVT HYPE_USDT_Perp+0.0100%4h95.104+0.035%$7.7M$44.5M10xas long as short
ApeX Omni HYPEUSDT+0.0100%1h95.124+0.056%$348K$1.0M50xas long as short
StandX HYPE-USD+0.0100%1h95.146+0.079%$692K$2.7M20xas long as short
Polymarket Perps HYPE-USD+0.0100%1h95.060−0.011%$500K$2.7M20xas long as short
SunX HYPE-USDT+0.0100%4h95.009−0.065%$33K$1.5M20xas long as short
HTX HYPE-USDT+0.0100%4h95.194+0.130%$1.4M$6.7M75xas long as short
Extended HYPE-USD+0.0104%1h95.076+0.005%$18.3M$42.3M50xas long as short
Aevo HYPE-PERP+0.0104%1h95.048−0.024%$402K$148K20xas long as short
RISEx HYPE/USDC+0.0133%1h95.088+0.019%$3.1M$6.3M20xas long as short
Injective HYPE/USDC PERP+0.0153%1h95.380+0.325%$31K$340K12xas long as short
Reya HYPERUSDPERP+0.0271%1h95.040−0.032%$85K$94K15xas long as short
GMX HYPE/USD [WBTC.b-USDC]L +0.0331% / S −0.0155%1h95.120+0.052%$1.4M—100xas long as short
BloFin HYPE-USDT+0.0340%4h95.062−0.009%$17.2M$12.3M75xas long as short