Funding you earn now, next payment 01:38 UTC+0.0080%/8h= +8.8% APRpaid last 24h +0.033%
Price spread now: Perpl against Hotstuff+0.043%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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 airdropHotstuff: Active · Perpl: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Perpl is 0.043% dearer against Hotstuff than usual: you sell high and buy low: +$4 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 | 93.486 | −0.0080 | get 0.0010% / 1h | 43m 41s | $3K | $331 | 25x |
| Short | Perpl HYPE | 93.526 | 0 | get 0.0000% / 43m | 31m 41s | $23K | $322K | 10x |
Hotstuff HYPE-PERP
Perpl HYPEFunding history
latest
Range statsloading…
Price spread between the two exchanges
Perpl 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
- $16.8
- Price spread: +0.043% → 0.000%
- $4.29
- Slippage, 4 orders
- no order book: not counted
- Fee Hotstuff: 2.5 bp × 2 orders
- −$5
- Fee Perpl: 6.9 bp × 2 orders
- −$13.8
- Net
- $2.29
- Costs to cover
- 0.188%
- Break-even
- 6.0 days
Slippage unknown: Hotstuff: no order-book sample; Perpl: 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 Perpl no order-book sample | — | — | — | — | — |
Hotstuff and Perpl: 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 | 93.464 | −0.023% | $196K | $226K | 7x | as long as short |
| Arcus HYPE-USD | −0.0899% | 1h | 93.355 | −0.140% | $1.2M | $3.8M | 10x | as long as short |
| Bluefin HYPE-PERP | −0.0176% | 1h | 93.441 | −0.048% | $79K | $170K | 20x | as long as short |
| Phemex HYPEUSDT | −0.0091% | 8h | 93.453 | −0.035% | $12.6M | $2.7M | 50x | as long as short |
| Hotstuff HYPE-PERPlong | −0.0080% | 1h | 93.486 | long leg | $3K | $331 | 25x | |
| Orderly PERP_HYPE_USDC | −0.0046% | 4h | 93.479 | −0.007% | $156K | $629K | 20x | as long as short |
| Aftermath Perps HYPEUSD | −0.0036% | 1h | 93.380 | −0.114% | $22K | $21K | 10x | as long as short |
| 01 Exchange HYPEUSD | −0.0032% | 1h | 93.485 | −0.001% | $85K | $346K | 20x | as long as short |
| Ondo Perps HYPE-USD.P | −0.0009% | 1h | 93.360 | −0.135% | $698K | $978K | 10x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 93.446 | −0.043% | $128K | $31K | 5x | as long as short |
Hibachi HYPE/USDT-P
Arcus HYPE-USD
Bluefin HYPE-PERP
Phemex HYPEUSDT
Orderly PERP_HYPE_USDC
Aftermath Perps HYPEUSD
01 Exchange HYPEUSD
Ondo Perps HYPE-USD.P
dYdX HYPE-USDShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Perpl HYPEshort | 0.0000% | 43m | 93.526 | +0.043% | $23K | $322K | 10x | |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0002% | 1h | 93.480 | −0.006% | $62K | — | 150x | as long as short |
| BingX HYPE-USDT | +0.0008% | 4h | 93.467 | −0.020% | — | $53.0M | — | as long as short |
| Aster HYPEUSDT | +0.0021% | 4h | 93.495 | +0.010% | $8.8M | $35.6M | 300x | as long as short |
| Phoenix HYPE | +0.0026% | 1h | 93.418 | −0.073% | $213K | $1.2M | 10x | as long as short |
| Bybit HYPEUSDT | +0.0033% | 8h | 93.460 | −0.028% | $322.7M | $276.8M | 75x | as long as short |
| Gate HYPE_USDT | +0.0054% | 4h | 93.446 | −0.043% | $44.6M | $54.6M | 75x | as long as short |
| Bullet HYPE-USD | +0.0065% | 1h | 93.471 | −0.016% | $111K | $577K | 20x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0078% | 8h | 93.472 | −0.015% | $114.4M | $302.4M | 50x | as long as short |
| edgeX HYPEUSDC | +0.0092% | 4h | 93.250 | −0.253% | $5.0M | $30.0M | 30x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 93.490 | +0.004% | $16.3M | $61.5M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 93.462 | −0.026% | $3.1M | $11.5M | 20x | as long as short |
| Popdex HYPEUSDT | +0.0096% | 1h | 93.478 | −0.009% | $68K | $1.2M | 50x | as long as short |
| MEXC HYPE_USDT | +0.0096% | 4h | 93.456 | −0.032% | $87.7M | $80.2M | 100x | as long as short |
| Paradex HYPE-USD-PERP | +0.0097% | 8h | 93.514 | +0.030% | $340K | $162K | 20x | as long as short |
| Binance HYPEUSDT | +0.0097% | 4h | 93.454 | −0.034% | $379.5M | $877.2M | 75x | as long as short |
| Katana Perps HYPE-USD | +0.0100% | 8h | 93.460 | −0.028% | $19K | $1.6M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 93.465 | −0.022% | $5.8M | $43.4M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 93.554 | +0.073% | $2.04B | $655.3M | 10x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 93.473 | −0.014% | $10.1M | $14.6M | 20x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 93.580 | +0.101% | $204K | $10K | 10x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 93.490 | +0.004% | $46.0M | $18.1M | 75x | as long as short |
| Bitget HYPEUSDT | +0.0100% | 4h | 93.466 | −0.021% | $226.1M | $96.7M | 75x | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 93.419 | −0.072% | $7.4M | $10.4M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 93.339 | −0.158% | $31.1M | $54.0M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 93.288 | −0.212% | $7.5M | $45.6M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 93.280 | −0.220% | $339K | $1.0M | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 93.354 | −0.141% | $666K | $2.6M | 20x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 93.553 | +0.072% | — | $243K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 93.513 | +0.029% | $472K | $2.5M | 20x | as long as short |
| Derive HYPE-PERP | +0.0100% | 1h | 93.458 | −0.030% | $16.2M | $7.6M | 10x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 93.563 | +0.082% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 93.465 | −0.022% | $2.0M | $1.9M | 10x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 93.410 | −0.081% | $18.4M | $43.7M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0104% | 1h | 93.475 | −0.012% | $398K | $163K | 20x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0176% | 1h | 93.600 | +0.122% | $4.9M | $5.4M | 50x | as long as short |
| HTX HYPE-USDT | +0.0203% | 4h | 93.600 | +0.122% | $1.4M | $6.0M | 75x | as long as short |
| Reya HYPERUSDPERP | +0.0257% | 1h | 93.458 | −0.030% | $79K | $140K | 15x | as long as short |
| Kalshi KXHYPEPERP | +0.0280% | 8h | 93.554 | +0.073% | $1.9M | $5.1M | 2.3x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0306% | 1h | 93.542 | +0.060% | $7.5M | $4.4M | 50x | as long as short |
| BloFin HYPE-USDT | +0.0330% | 4h | 93.572 | +0.092% | $17.0M | $11.7M | 75x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0332% / S −0.0156% | 1h | 93.497 | +0.012% | $1.4M | — | 100x | as long as short |
| RISEx HYPE/USDC | +0.0510% | 1h | 93.564 | +0.083% | $3.2M | $6.5M | 20x | as long as short |
| Injective HYPE/USDC PERP | +0.0519% | 1h | 93.430 | −0.060% | $30K | $339K | 12x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0684% | 1h | 93.500 | +0.015% | $20.8M | $30.1M | 50x | as long as short |
gTrade (Gains Network) HYPE/USD
BingX HYPE-USDT
Aster HYPEUSDT
Phoenix HYPE
Bybit HYPEUSDT
Gate HYPE_USDT
Bullet HYPE-USD
OKX HYPE-USDT-SWAP
edgeX HYPEUSDC
Lighter HYPE
Lighter RH HYPE
Popdex HYPEUSDT
MEXC HYPE_USDT
Paradex HYPE-USD-PERP
Binance HYPEUSDT
Katana Perps HYPE-USD
Nado HYPE-PERP
Hyperliquid HYPE
Pacifica HYPE
Bulk HYPE-USD
KuCoin HYPEUSDTM
Bitget HYPEUSDT
Backpack HYPE_USDC_PERP
Variational Omni HYPE
GRVT HYPE_USDT_Perp
ApeX Omni HYPEUSDT
StandX HYPE-USD
Vest HYPE-PERP
Polymarket Perps HYPE-USD
Derive HYPE-PERP
SunX HYPE-USDT
SoDEX HYPE-USD
Extended HYPE-USD
Aevo HYPE-PERP
Coinbase International HYPE-PERP-INTX
HTX HYPE-USDT
Reya HYPERUSDPERP
Kalshi KXHYPEPERP
Deribit HYPE_USDC-PERPETUAL
BloFin HYPE-USDT
GMX HYPE/USD [WBTC.b-USDC]
RISEx HYPE/USDC
Injective HYPE/USDC PERP
Kraken Futures PF_HYPEUSD