Funding you earn now, next payment 01:00 UTC+0.0180%/8h= +19.7% APRpaid last 24h +0.054%
Price spread now: SunX against Hotstuff+0.037%7-day average — · you sell dearer than you buy
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 for this trade now. Funding pays +$5 a day on $10k at the current rate, and SunX is 0.037% 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 | 93.610 | −0.0080 | get 0.0010% / 1h | 16m 27s | $3K | $331 | 25x |
| Short | SunX HYPE-USDT | 93.645 | 0.0100 | get 0.0050% / 4h | 3h 16m | $32K | $1.6M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- $37.8
- Price spread: +0.037% → 0.000%
- $3.74
- Slippage, 4 orders
- no order book: not counted
- Fee Hotstuff: 2.5 bp × 2 orders
- −$5
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- $28.54
- Costs to cover
- 0.130%
- Break-even
- 1.7 days
Slippage unknown: Hotstuff: no order-book sample; SunX: live order book, 9 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 SunX live order book, 9 min ago | 19.32 bp | 32.5 bp −$33 | 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 | −0.1280% | 1h | 93.530 | −0.085% | $198K | $228K | 7x | as long as short |
| Arcus HYPE-USD | −0.0625% | 1h | 93.701 | +0.097% | $1.3M | $3.9M | 10x | as long as short |
| Aftermath Perps HYPEUSD | −0.0197% | 1h | 93.835 | +0.240% | $22K | $21K | 10x | as long as short |
| Ondo Perps HYPE-USD.P | −0.0134% | 1h | 93.730 | +0.128% | $708K | $958K | 10x | as long as short |
| dYdX HYPE-USD | −0.0103% | 1h | 93.818 | +0.223% | $129K | $31K | 5x | as long as short |
| 01 Exchange HYPEUSD | −0.0088% | 1h | 93.855 | +0.262% | $85K | $361K | 20x | as long as short |
| Bullet HYPE-USD | −0.0085% | 1h | 93.875 | +0.283% | $113K | $581K | 20x | as long as short |
| Hotstuff HYPE-PERPlong | −0.0080% | 1h | 93.610 | long leg | $3K | $331 | 25x | |
| Gate HYPE_USDT | −0.0048% | 4h | 93.895 | +0.304% | $44.4M | $60.1M | 75x | as long as short |
| Orderly PERP_HYPE_USDC | −0.0027% | 4h | 93.892 | +0.301% | $159K | $645K | 20x | as long as short |
Show all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit HYPEUSDT | −0.0013% | 8h | 93.919 | +0.330% | $323.2M | $281.0M | 75x | as long as short |
| Aster HYPEUSDT | −0.0004% | 4h | 93.826 | +0.231% | $8.9M | $36.1M | 300x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 93.792 | +0.194% | $23K | $326K | 10x | as long as short |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0003% | 1h | 93.926 | +0.338% | $27K | — | 150x | as long as short |
| Derive HYPE-PERP | +0.0009% | 1h | 93.545 | −0.069% | $16.3M | $7.3M | 10x | as long as short |
| Phoenix HYPE | +0.0034% | 1h | 93.678 | +0.073% | $218K | $1.2M | 10x | as long as short |
| Phemex HYPEUSDT | +0.0039% | 8h | 93.651 | +0.044% | $12.8M | $2.6M | 50x | as long as short |
| MEXC HYPE_USDT | +0.0042% | 4h | 93.856 | +0.263% | $88.4M | $83.2M | 100x | as long as short |
| Binance HYPEUSDT | +0.0042% | 4h | 93.899 | +0.309% | $383.0M | $895.8M | 75x | as long as short |
| edgeX HYPEUSDC | +0.0057% | 4h | 93.961 | +0.375% | $5.1M | $30.0M | 30x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0074% | 8h | 93.941 | +0.354% | $115.9M | $317.2M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0088% | 1h | 93.937 | +0.350% | $400K | $180K | 20x | as long as short |
| Bluefin HYPE-PERP | +0.0090% | 1h | 93.939 | +0.351% | $76K | $171K | 20x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 93.836 | +0.242% | $19.1M | $60.1M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 93.799 | +0.202% | $3.0M | $12.2M | 20x | as long as short |
| Popdex HYPEUSDT | +0.0096% | 1h | 93.849 | +0.255% | $65K | $1.2M | 50x | as long as short |
| Paradex HYPE-USD-PERP | +0.0099% | 8h | 93.871 | +0.279% | $341K | $165K | 20x | as long as short |
| Katana Perps HYPE-USD | +0.0100% | 8h | 93.830 | +0.235% | $29K | $1.6M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 93.805 | +0.208% | $6.6M | $44.8M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 93.895 | +0.304% | $2.05B | $676.1M | 10x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 93.835 | +0.241% | $10.2M | $14.6M | 20x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 93.528 | −0.087% | $204K | $12K | 10x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 93.866 | +0.273% | $46.7M | $18.3M | 75x | as long as short |
| Bitget HYPEUSDT | +0.0100% | 4h | 93.868 | +0.276% | $227.5M | $101.0M | 75x | as long as short |
| BingX HYPE-USDT | +0.0100% | 4h | 93.911 | +0.322% | — | $54.0M | — | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 93.634 | +0.026% | $7.7M | $10.3M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 93.939 | +0.352% | $31.4M | $54.1M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 93.991 | +0.407% | $7.6M | $46.1M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 93.940 | +0.353% | $340K | $1.1M | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 93.666 | +0.060% | $677K | $2.6M | 20x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 93.816 | +0.220% | — | $243K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 93.874 | +0.282% | $475K | $2.5M | 20x | as long as short |
| SunX HYPE-USDTshort | +0.0100% | 4h | 93.645 | +0.037% | $32K | $1.6M | 20x | |
| SoDEX HYPE-USD | +0.0100% | 1h | 93.583 | −0.029% | $2.0M | $2.0M | 10x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 93.791 | +0.193% | $18.7M | $44.6M | 50x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0144% | 1h | 93.640 | +0.032% | $4.9M | $5.5M | 50x | as long as short |
| BloFin HYPE-USDT | +0.0168% | 4h | 93.581 | −0.031% | $17.0M | $12.1M | 75x | as long as short |
| Injective HYPE/USDC PERP | +0.0205% | 1h | 94.490 | +0.940% | $31K | $338K | 12x | as long as short |
| RISEx HYPE/USDC | +0.0222% | 1h | 93.865 | +0.273% | $2.7M | $6.8M | 20x | as long as short |
| Kalshi KXHYPEPERP | +0.0227% | 8h | 93.706 | +0.103% | $1.9M | $5.1M | 2.3x | as long as short |
| Reya HYPERUSDPERP | +0.0252% | 1h | 93.843 | +0.249% | $79K | $143K | 15x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0335% / S −0.0156% | 1h | 93.911 | +0.321% | $1.4M | — | 100x | as long as short |
| HTX HYPE-USDT | +0.0367% | 4h | 93.825 | +0.230% | $1.5M | $6.0M | 75x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0605% | 1h | 93.699 | +0.095% | $7.5M | $4.6M | 50x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0674% | 1h | 93.681 | +0.076% | $20.9M | $29.8M | 50x | as long as short |
SunX HYPE-USDT
Aftermath Perps HYPEUSD
01 Exchange HYPEUSD
Bullet HYPE-USD
Gate HYPE_USDT
Bybit HYPEUSDT
Aster HYPEUSDT
gTrade (Gains Network) HYPE/USD
Derive HYPE-PERP
Phoenix HYPE
Phemex HYPEUSDT
MEXC HYPE_USDT
Binance HYPEUSDT
edgeX HYPEUSDC
OKX HYPE-USDT-SWAP
Bluefin HYPE-PERP
Lighter HYPE
Lighter RH HYPE
Popdex HYPEUSDT
Paradex HYPE-USD-PERP
Katana Perps HYPE-USD
Hyperliquid HYPE
Pacifica HYPE
Bulk HYPE-USD
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
SoDEX HYPE-USD
Extended HYPE-USD
Coinbase International HYPE-PERP-INTX
BloFin HYPE-USDT
Injective HYPE/USDC PERP
RISEx HYPE/USDC
Kalshi KXHYPEPERP
GMX HYPE/USD [WBTC.b-USDC]
HTX HYPE-USDT
Deribit HYPE_USDC-PERPETUAL
Kraken Futures PF_HYPEUSD