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

HYPE

all HYPE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0184%/8h= +20.1% APRnext payment +$0.23 per $10,000 · paid last 24h +0.053%
Price spread now: Aevo against Hotstuff−0.018%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHotstuff: Active · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$6 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHotstuff HYPE-PERP92.803−0.0080get 0.0010% / 1h52m 42s$3K$33125x
ShortAevo HYPE-PERP92.7870.0104get 0.0013% / 1h52m 42s$392K$164K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Hotstuff. 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
$38.64
Price spread: −0.018% → 0.000%
−$1.77
Slippage, 4 orders
no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Fee Aevo: 8 bp × 2 orders
−$16
Net
$15.87
Costs to cover
0.210%
Break-even
4.1 days
Slippage unknown: Hotstuff: no order-book sample; Aevo: live order book, 6 min ago. 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 Hotstuff no order-book sample
Sell Aevo live order book, 6 min ago17.65 bp25.9 bp −$2626.0 bp −$26030.7 bp −$3,067doesn't fit
Hotstuff: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus HYPE-USD−0.0948%1h92.680−0.133%$1.2M$3.8M10xas long as short
Hibachi HYPE/USDT-P−0.0776%1h92.787−0.018%$195K$227K7xas long as short
Aftermath Perps HYPEUSD−0.0109%1h92.767−0.039%$22K$21K10xas long as short
01 Exchange HYPEUSD−0.0104%1h92.816+0.014%$86K$351K20xas long as short
Hotstuff HYPE-PERPlong−0.0080%1h92.803long leg$3K$33125x
Orderly PERP_HYPE_USDC−0.0063%4h92.745−0.062%$158K$663K20xas long as short
Bullet HYPE-USD−0.0057%1h92.785−0.020%$111K$579K20xas long as short
Ondo Perps HYPE-USD.P−0.0054%1h92.720−0.089%$699K$1.1M10xas long as short
dYdX HYPE-USD0.0000%1h92.691−0.121%$127K$31K5xas long as short
Perpl HYPE0.0000%43m92.840+0.039%$23K$309K10xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) HYPE/USDL +0.0002% / S −0.0002%1h92.806+0.003%$62K150xas long as short
Phemex HYPEUSDT+0.0006%8h92.719−0.091%$12.5M$2.7M50xas long as short
Aster HYPEUSDT+0.0006%4h92.674−0.139%$8.7M$36.2M300xas long as short
Derive HYPE-PERP+0.0010%1h92.729−0.079%$16.1M$7.5M10xas long as short
BingX HYPE-USDT+0.0031%4h92.601−0.218%$53.2Mas long as short
Bybit HYPEUSDT+0.0038%8h92.579−0.241%$317.7M$279.1M75xas long as short
Phoenix HYPE+0.0043%1h92.855+0.056%$211K$1.2M10xas long as short
Gate HYPE_USDT+0.0050%4h92.603−0.216%$44.5M$54.5M75xas long as short
ApeX Omni HYPEUSDT+0.0068%1h92.356−0.482%$337K$1.0M50xas long as short
OKX HYPE-USDT-SWAP+0.0073%8h92.578−0.242%$113.1M$300.8M50xas long as short
MEXC HYPE_USDT+0.0084%4h92.596−0.223%$87.8M$80.1M100xas long as short
Binance HYPEUSDT+0.0084%4h92.585−0.235%$372.4M$892.2M75xas long as short
Popdex HYPEUSDT+0.0088%1h92.802−0.001%$68K$1.2M50xas long as short
edgeX HYPEUSDC+0.0090%4h92.792−0.012%$5.1M$29.2M30xas long as short
Paradex HYPE-USD-PERP+0.0093%8h92.623−0.194%$338K$162K20xas long as short
Lighter HYPE+0.0096%1h92.597−0.222%$16.0M$62.0M20xas long as short
Lighter RH HYPE+0.0096%1h92.595−0.224%$3.1M$11.6M20xas long as short
Katana Perps HYPE-USD+0.0100%8h92.810+0.008%$14K$1.6M10xas long as short
Nado HYPE-PERP+0.0100%1h92.787−0.017%$5.8M$43.1M10xas long as short
Hyperliquid HYPE+0.0100%1h92.659−0.155%$2.02B$657.8M10xas long as short
Pacifica HYPE+0.0100%1h92.620−0.197%$10.0M$14.9M20xas long as short
Bulk HYPE-USD+0.0100%1h92.800−0.003%$202K$13K10xas long as short
KuCoin HYPEUSDTM+0.0100%4h92.604−0.214%$45.9M$18.2M75xas long as short
Bitget HYPEUSDT+0.0100%4h92.592−0.227%$224.0M$97.5M75xas long as short
Backpack HYPE_USDC_PERP+0.0100%1h92.698−0.113%$7.4M$10.0M20xas long as short
Variational Omni HYPE+0.0100%8h92.820+0.018%$28.4M$57.0Mas long as short
GRVT HYPE_USDT_Perp+0.0100%4h92.596−0.223%$7.5M$45.7M10xas long as short
StandX HYPE-USD+0.0100%1h92.854+0.055%$666K$2.7M20xas long as short
Vest HYPE-PERP+0.0100%1h92.840+0.040%$243K5xas long as short
Polymarket Perps HYPE-USD+0.0100%1h92.832+0.031%$469K$2.6M20xas long as short
SunX HYPE-USDT+0.0100%4h92.839+0.039%$32K$1.6M20xas long as short
SoDEX HYPE-USD+0.0100%1h92.757−0.050%$2.0M$2.0M10xas long as short
HTX HYPE-USDT+0.0100%4h92.873+0.075%$1.4M$6.2M75xas long as short
Extended HYPE-USD+0.0104%1h92.571−0.249%$18.1M$43.3M50xas long as short
Aevo HYPE-PERPshort+0.0104%1h92.787−0.018%$392K$164K20x
Injective HYPE/USDC PERP+0.0150%1h93.000+0.212%$30K$339K12xas long as short
Coinbase International HYPE-PERP-INTX+0.0160%1h92.840+0.040%$4.7M$5.5M50xas long as short
Reya HYPERUSDPERP+0.0260%1h92.801−0.003%$79K$140K15xas long as short
Kalshi KXHYPEPERP+0.0263%8h92.857+0.058%$1.8M$5.4M2.3xas long as short
BloFin HYPE-USDT+0.0325%4h92.787−0.017%$16.8M$11.5M75xas long as short
GMX HYPE/USD [WBTC.b-USDC]L +0.0330% / S −0.0153%1h92.813+0.011%$1.4M100xas long as short
Kraken Futures PF_HYPEUSD+0.0332%1h92.793−0.011%$20.7M$30.3M50xas long as short
Deribit HYPE_USDC-PERPETUAL+0.0450%1h92.865+0.067%$7.5M$4.4M50xas long as short
RISEx HYPE/USDC+0.0687%1h92.883+0.086%$3.2M$6.4M20xas long as short
Bluefin HYPE-PERP+0.2119%1h92.750−0.057%$79K$169K20xas long as short