Funding you earn now, next payment 23:00 UTC−0.0409%/8h= −44.8% APRnext payment −$0.51 per $10,000 · paid last 24h +0.064%
Price spread now: Aftermath Perps against Hotstuff−0.287%50s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and Aftermath Perps is 0.287% cheaper against Hotstuff than usual: you would sell low and buy high (−$29 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hotstuff HYPE-PERP | 93.776 | −0.0080 | get 0.0010% / 1h | 59m 30s | $3K | $331 | 25x |
| Short | Aftermath Perps HYPEUSD | 93.506 | −0.0489 | pay 0.0061% / 1h | 59m 30s | $22K | $22K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Aftermath Perps against Hotstuff. 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
- −$85.9
- Price spread: −0.287% → 0.000%
- −$28.74
- Slippage, 4 orders
- no order book: not counted
- Fee Hotstuff: 2.5 bp × 2 orders
- −$5
- Fee Aftermath Perps: 4.5 bp × 2 orders
- −$9
- Net
- −$128.64
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: Hotstuff: no order-book sample; 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Hotstuff no order-book sample | — | — | — | — | — |
| Sell Aftermath Perps no order-book sample | — | — | — | — | — |
Hotstuff and 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 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 | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps HYPEUSDshort | −0.0489% | 1h | 93.506 | −0.287% | $22K | $22K | 10x | |
| Hibachi HYPE/USDT-P | −0.0464% | 1h | 93.565 | −0.225% | $198K | $228K | 7x | as long as short |
| Arcus HYPE-USD | −0.0233% | 1h | 93.659 | −0.125% | $1.2M | $3.8M | 10x | as long as short |
| Hotstuff HYPE-PERPlong | −0.0080% | 1h | 93.776 | long leg | $3K | $331 | 25x | |
| dYdX HYPE-USD | 0.0000% | 1h | 93.819 | +0.046% | $128K | $32K | 5x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 93.747 | −0.031% | $23K | $330K | 10x | as long as short |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0002% | 1h | 93.764 | −0.013% | $28K | — | 150x | as long as short |
| Orderly PERP_HYPE_USDC | +0.0015% | 4h | 93.791 | +0.016% | $177K | $524K | 20x | as long as short |
| Bybit HYPEUSDT | +0.0019% | 8h | 93.732 | −0.047% | $324.2M | $280.9M | 75x | as long as short |
| Aster HYPEUSDT | +0.0020% | 4h | 93.760 | −0.018% | $8.9M | $35.7M | 300x | as long as short |
Show all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phoenix HYPE | +0.0034% | 1h | 93.456 | −0.341% | $214K | $1.2M | 10x | as long as short |
| 01 Exchange HYPEUSD | +0.0040% | 1h | 93.790 | +0.015% | $91K | $355K | 20x | as long as short |
| Derive HYPE-PERP | +0.0061% | 1h | 93.713 | −0.067% | $16.3M | $6.9M | 10x | as long as short |
| MEXC HYPE_USDT | +0.0062% | 4h | 93.763 | −0.014% | $90.8M | $80.2M | 100x | as long as short |
| Gate HYPE_USDT | +0.0066% | 4h | 93.749 | −0.029% | $44.2M | $57.6M | 75x | as long as short |
| Binance HYPEUSDT | +0.0067% | 4h | 93.756 | −0.021% | $384.9M | $884.9M | 75x | as long as short |
| Bullet HYPE-USD | +0.0067% | 1h | 93.738 | −0.040% | $112K | $577K | 20x | as long as short |
| edgeX HYPEUSDC | +0.0071% | 4h | 93.562 | −0.228% | $5.1M | $29.7M | 30x | as long as short |
| Phemex HYPEUSDT | +0.0083% | 8h | 93.708 | −0.073% | $12.8M | $2.6M | 50x | as long as short |
| Ondo Perps HYPE-USD.P | +0.0084% | 1h | 93.690 | −0.092% | $701K | $901K | 10x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 93.841 | +0.069% | $18.7M | $58.5M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 93.787 | +0.012% | $3.0M | $12.1M | 20x | as long as short |
| Popdex HYPEUSDT | +0.0096% | 1h | 93.749 | −0.029% | $63K | $1.2M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0096% | 1h | 93.750 | −0.028% | $399K | $318K | 20x | as long as short |
| Paradex HYPE-USD-PERP | +0.0099% | 8h | 93.769 | −0.007% | $341K | $169K | 20x | as long as short |
| Katana Perps HYPE-USD | +0.0100% | 8h | 93.730 | −0.049% | $29K | $1.6M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 93.653 | −0.131% | $5.9M | $44.0M | 10x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 93.790 | +0.015% | $10.1M | $14.5M | 20x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0100% | 8h | 93.740 | −0.038% | $114.7M | $313.4M | 50x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 93.809 | +0.035% | $47.2M | $18.3M | 75x | as long as short |
| Bitget HYPEUSDT | +0.0100% | 4h | 93.745 | −0.033% | $227.3M | $102.3M | 75x | as long as short |
| BingX HYPE-USDT | +0.0100% | 4h | 93.744 | −0.034% | — | $53.9M | — | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 93.805 | +0.031% | $7.9M | $10.5M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 93.552 | −0.238% | $30.9M | $51.8M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 93.616 | −0.170% | $7.5M | $45.5M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 93.565 | −0.225% | $416K | $1.0M | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 93.677 | −0.106% | $677K | $2.5M | 20x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 93.714 | −0.066% | — | $454K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 93.744 | −0.034% | $496K | $2.5M | 20x | as long as short |
| Bluefin HYPE-PERP | +0.0100% | 1h | 93.778 | +0.002% | $76K | $166K | 20x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 93.794 | +0.019% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 93.765 | −0.012% | $2.0M | $2.0M | 10x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 93.680 | −0.102% | $205K | $7K | 10x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 93.716 | −0.063% | $18.3M | $41.6M | 50x | as long as short |
| Kalshi KXHYPEPERP | +0.0118% | 8h | 93.809 | +0.035% | $1.9M | $5.1M | 2.3x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0176% | 1h | 93.830 | +0.058% | $4.9M | $5.7M | 50x | as long as short |
| HTX HYPE-USDT | +0.0219% | 4h | 93.947 | +0.182% | $1.5M | $7.7M | 75x | as long as short |
| Injective HYPE/USDC PERP | +0.0239% | 1h | 93.770 | −0.006% | $30K | $338K | 12x | as long as short |
| Reya HYPERUSDPERP | +0.0248% | 1h | 93.716 | −0.064% | $77K | $155K | 15x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0251% | 1h | 93.859 | +0.089% | $7.4M | $4.5M | 50x | as long as short |
| BloFin HYPE-USDT | +0.0259% | 4h | 93.600 | −0.188% | $16.9M | $12.3M | 75x | as long as short |
| RISEx HYPE/USDC | +0.0284% | 1h | 93.796 | +0.021% | $2.8M | $6.8M | 20x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0340% / S −0.0165% | 1h | 93.753 | −0.025% | $1.4M | — | 100x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0463% | 1h | 93.889 | +0.120% | $21.0M | $28.9M | 50x | as long as short |
| Hyperliquid HYPE | +0.0556% | 1h | 93.824 | +0.051% | $2.04B | $666.2M | 10x | as long as short |
Aftermath Perps HYPEUSD
gTrade (Gains Network) HYPE/USD
Bybit HYPEUSDT
Aster HYPEUSDT
Phoenix HYPE
01 Exchange HYPEUSD
Derive HYPE-PERP
MEXC HYPE_USDT
Gate HYPE_USDT
Binance HYPEUSDT
Bullet HYPE-USD
edgeX HYPEUSDC
Phemex HYPEUSDT
Lighter HYPE
Lighter RH HYPE
Popdex HYPEUSDT
Paradex HYPE-USD-PERP
Katana Perps HYPE-USD
Pacifica HYPE
OKX HYPE-USDT-SWAP
KuCoin HYPEUSDTM
Bitget HYPEUSDT
BingX HYPE-USDT
Backpack HYPE_USDC_PERP
Variational Omni HYPE
GRVT HYPE_USDT_Perp
ApeX Omni HYPEUSDT
StandX HYPE-USD
Polymarket Perps HYPE-USD
Bluefin HYPE-PERP
SunX HYPE-USDT
SoDEX HYPE-USD
Bulk HYPE-USD
Extended HYPE-USD
Kalshi KXHYPEPERP
Coinbase International HYPE-PERP-INTX
HTX HYPE-USDT
Injective HYPE/USDC PERP
Deribit HYPE_USDC-PERPETUAL
BloFin HYPE-USDT
RISEx HYPE/USDC
GMX HYPE/USD [WBTC.b-USDC]
Kraken Futures PF_HYPEUSD
Hyperliquid HYPE