HYPE

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0180%/8h= +19.7% APRnext payment +$0.23 per $10,000 · paid last 24h +0.054%

Price spread now: Pacifica against Hotstuff+0.025%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Hotstuff Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropHotstuff: Active · Pacifica: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Pacifica is 0.025% dearer against Hotstuff than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hotstuff HYPE-PERP	93.868	−0.0080	get 0.0010% / 1h	10m 46s	$3K	$331	25x
Short	Pacifica HYPE	93.892	0.0100	get 0.0013% / 1h	10m 46s	$10.1M	$14.6M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica 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

Position, each leg$Hold fordaysFee HotstuffbpFee PacificabpOrdersPrice spread, now +0.025%Rate

Funding earned: $37.8
Price spread: +0.025% → 0.000%: $2.53
Slippage, 4 orders: no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders: −$5
Fee Pacifica: 4 bp × 2 orders: −$8
Net: $27.33
Costs to cover: 0.130%
Break-even: 1.9 days

Slippage unknown: Hotstuff: no order-book sample; Pacifica: live order book, 3 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 Hotstuff no order-book sample	—	—	—	—	—
Sell Pacifica live order book, 3 min ago	0.05 bp	4.9 bp −$5	doesn't fit	doesn't fit	doesn'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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hibachi HYPE/USDT-P	−0.1232%	1h	93.765	−0.110%	$198K	$230K	7x	as long as short
Aftermath Perps HYPEUSD	−0.0406%	1h	93.852	−0.017%	$22K	$22K	10x	as long as short
Arcus HYPE-USD	−0.0233%	1h	93.730	−0.147%	$1.2M	$3.8M	10x	as long as short
Ondo Perps HYPE-USD.P	−0.0105%	1h	93.780	−0.094%	$705K	$916K	10x	as long as short
Hotstuff HYPE-PERPlong	−0.0080%	1h	93.868	long leg	$3K	$331	25x
01 Exchange HYPEUSD	−0.0072%	1h	93.830	−0.040%	$86K	$368K	20x	as long as short
Orderly PERP_HYPE_USDC	−0.0003%	4h	93.849	−0.020%	$169K	$588K	20x	as long as short
dYdX HYPE-USD	0.0000%	1h	93.935	+0.071%	$128K	$30K	5x	as long as short
Perpl HYPE	0.0000%	43m	93.868	0.000%	$23K	$329K	10x	as long as short
gTrade (Gains Network) HYPE/USD	L +0.0002% / S −0.0003%	1h	93.862	−0.006%	$27K	—	150x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phoenix HYPE	+0.0009%	1h	93.919	+0.054%	$217K	$1.2M	10x	as long as short
Aster HYPEUSDT	+0.0017%	4h	93.872	+0.004%	$8.9M	$36.1M	300x	as long as short
Bybit HYPEUSDT	+0.0021%	8h	93.855	−0.014%	$323.0M	$284.0M	75x	as long as short
Derive HYPE-PERP	+0.0027%	1h	93.776	−0.098%	$16.4M	$7.1M	10x	as long as short
Phemex HYPEUSDT	+0.0042%	8h	93.813	−0.059%	$12.8M	$2.6M	50x	as long as short
MEXC HYPE_USDT	+0.0052%	4h	93.854	−0.015%	$88.4M	$82.2M	100x	as long as short
Binance HYPEUSDT	+0.0053%	4h	93.847	−0.022%	$383.2M	$898.4M	75x	as long as short
edgeX HYPEUSDC	+0.0061%	4h	93.800	−0.072%	$5.1M	$29.6M	30x	as long as short
Popdex HYPEUSDT	+0.0064%	1h	93.826	−0.045%	$60K	$1.2M	50x	as long as short
Gate HYPE_USDT	+0.0074%	4h	93.861	−0.007%	$44.1M	$59.9M	75x	as long as short
Bullet HYPE-USD	+0.0087%	1h	93.823	−0.048%	$113K	$578K	20x	as long as short
OKX HYPE-USDT-SWAP	+0.0093%	8h	93.846	−0.023%	$115.8M	$322.6M	50x	as long as short
Lighter HYPE	+0.0096%	1h	93.858	−0.011%	$18.9M	$60.4M	20x	as long as short
Lighter RH HYPE	+0.0096%	1h	93.837	−0.033%	$3.0M	$12.3M	20x	as long as short
Aevo HYPE-PERP	+0.0096%	1h	93.828	−0.043%	$399K	$318K	20x	as long as short
Paradex HYPE-USD-PERP	+0.0099%	8h	93.896	+0.030%	$341K	$171K	20x	as long as short
Katana Perps HYPE-USD	+0.0099%	8h	93.810	−0.062%	$37K	$1.6M	10x	as long as short
Nado HYPE-PERP	+0.0100%	1h	93.856	−0.012%	$5.7M	$44.4M	10x	as long as short
Hyperliquid HYPE	+0.0100%	1h	93.947	+0.084%	$2.04B	$681.2M	10x	as long as short
Pacifica HYPEshort	+0.0100%	1h	93.892	+0.025%	$10.1M	$14.6M	20x
Bulk HYPE-USD	+0.0100%	1h	93.820	−0.051%	$205K	$7K	10x	as long as short
KuCoin HYPEUSDTM	+0.0100%	4h	93.826	−0.045%	$46.4M	$18.6M	75x	as long as short
Bitget HYPEUSDT	+0.0100%	4h	93.860	−0.009%	$227.3M	$102.3M	75x	as long as short
BingX HYPE-USDT	+0.0100%	4h	93.865	−0.003%	—	$54.2M	—	as long as short
Backpack HYPE_USDC_PERP	+0.0100%	1h	93.847	−0.022%	$7.9M	$10.4M	20x	as long as short
Variational Omni HYPE	+0.0100%	8h	93.811	−0.060%	$31.2M	$54.1M	—	as long as short
GRVT HYPE_USDT_Perp	+0.0100%	4h	93.848	−0.021%	$7.6M	$45.8M	10x	as long as short
ApeX Omni HYPEUSDT	+0.0100%	1h	93.859	−0.010%	$359K	$1.1M	50x	as long as short
StandX HYPE-USD	+0.0100%	1h	93.811	−0.061%	$678K	$2.5M	20x	as long as short
Vest HYPE-PERP	+0.0100%	1h	93.880	+0.013%	—	$454K	5x	as long as short
Polymarket Perps HYPE-USD	+0.0100%	1h	93.854	−0.015%	$471K	$2.5M	20x	as long as short
Bluefin HYPE-PERP	+0.0100%	1h	93.841	−0.029%	$76K	$172K	20x	as long as short
SunX HYPE-USDT	+0.0100%	4h	93.859	−0.010%	$32K	$1.6M	20x	as long as short
SoDEX HYPE-USD	+0.0100%	1h	93.811	−0.061%	$2.0M	$2.0M	10x	as long as short
Injective HYPE/USDC PERP	+0.0104%	1h	94.410	+0.577%	$31K	$338K	12x	as long as short
Extended HYPE-USD	+0.0104%	1h	93.843	−0.026%	$18.3M	$42.8M	50x	as long as short
Coinbase International HYPE-PERP-INTX	+0.0152%	1h	93.870	+0.002%	$4.9M	$5.7M	50x	as long as short
Kalshi KXHYPEPERP	+0.0154%	8h	93.960	+0.098%	$1.9M	$5.0M	2.3x	as long as short
HTX HYPE-USDT	+0.0193%	4h	94.000	+0.141%	$1.5M	$7.8M	75x	as long as short
BloFin HYPE-USDT	+0.0212%	4h	93.801	−0.071%	$16.9M	$12.6M	75x	as long as short
Reya HYPERUSDPERP	+0.0249%	1h	93.809	−0.063%	$77K	$142K	15x	as long as short
RISEx HYPE/USDC	+0.0284%	1h	93.872	+0.004%	$2.8M	$6.8M	20x	as long as short
GMX HYPE/USD [WBTC.b-USDC]	L +0.0338% / S −0.0163%	1h	93.863	−0.006%	$1.4M	—	100x	as long as short
Deribit HYPE_USDC-PERPETUAL	+0.0347%	1h	93.934	+0.070%	$7.5M	$4.6M	50x	as long as short
Kraken Futures PF_HYPEUSD	+0.0578%	1h	93.925	+0.060%	$21.0M	$29.5M	50x	as long as short