Funding you earn now, next payment 04:00 UTC+0.0180%/8h= +19.7% APRnext payment +$0.23 per $10,000 · paid last 24h +0.046%
Price spread now: Vest against Hotstuff+0.024%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
=Together, before fees—+ Points / potential airdropHotstuff: Active · Vest: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Vest is 0.024% dearer against Hotstuff than usual: you sell high and buy low: +$2 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 | 92.878 | −0.0080 | get 0.0010% / 1h | 2m 15s | $3K | $331 | 25x |
| Short | Vest HYPE-PERP | 92.900 | 0.0100 | get 0.0013% / 1h | 2m 15s | — | $243K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Vest 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: +0.024% → 0.000%
- $2.42
- Slippage, 4 orders
- no order book: not counted
- Fee Hotstuff: 2.5 bp × 2 orders
- −$5
- Fee Vest: 1 bp × 2 orders
- −$2
- Net
- $33.22
- Costs to cover
- 0.070%
- Break-even
- 0.8 days
Slippage unknown: Hotstuff: no order-book sample; Vest: 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 Vest no order-book sample | — | — | — | — | — |
Hotstuff and Vest: 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 | |
|---|---|---|---|---|---|---|---|---|
| Arcus HYPE-USD | −0.0948% | 1h | 92.815 | −0.068% | $1.1M | $3.9M | 10x | as long as short |
| Hibachi HYPE/USDT-P | −0.0408% | 1h | 92.738 | −0.151% | $194K | $225K | 7x | as long as short |
| Aftermath Perps HYPEUSD | −0.0271% | 1h | 92.811 | −0.072% | $22K | $21K | 10x | as long as short |
| Hotstuff HYPE-PERPlong | −0.0080% | 1h | 92.878 | long leg | $3K | $331 | 25x | |
| Orderly PERP_HYPE_USDC | −0.0064% | 4h | 92.852 | −0.028% | $157K | $653K | 20x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 92.865 | −0.014% | $127K | $29K | 5x | as long as short |
| 01 Exchange HYPEUSD | 0.0000% | 1h | 92.871 | −0.008% | $86K | $361K | 20x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 92.859 | −0.020% | $22K | $302K | 10x | as long as short |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0002% | 1h | 92.880 | +0.002% | $62K | — | 150x | as long as short |
| Phemex HYPEUSDT | +0.0025% | 8h | 92.865 | −0.014% | $12.5M | $2.7M | 50x | as long as short |
Show all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bullet HYPE-USD | +0.0029% | 1h | 92.837 | −0.044% | $111K | $579K | 20x | as long as short |
| BingX HYPE-USDT | +0.0036% | 4h | 92.869 | −0.010% | — | $53.5M | — | as long as short |
| Ondo Perps HYPE-USD.P | +0.0038% | 1h | 92.800 | −0.084% | $697K | $1.1M | 10x | as long as short |
| Phoenix HYPE | +0.0043% | 1h | 92.755 | −0.132% | $210K | $1.2M | 10x | as long as short |
| Bybit HYPEUSDT | +0.0045% | 8h | 92.858 | −0.022% | $316.7M | $281.2M | 75x | as long as short |
| Aster HYPEUSDT | +0.0066% | 4h | 92.876 | −0.002% | $8.7M | $36.1M | 300x | as long as short |
| Bitget HYPEUSDT | +0.0088% | 4h | 92.873 | −0.005% | $224.8M | $98.7M | 75x | as long as short |
| edgeX HYPEUSDC | +0.0094% | 4h | 92.749 | −0.139% | $4.9M | $29.6M | 30x | as long as short |
| Paradex HYPE-USD-PERP | +0.0095% | 8h | 92.887 | +0.009% | $339K | $163K | 20x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 92.882 | +0.004% | $16.1M | $62.8M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 92.886 | +0.009% | $3.1M | $11.8M | 20x | as long as short |
| Popdex HYPEUSDT | +0.0096% | 1h | 92.859 | −0.020% | $69K | $1.1M | 50x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0097% | 8h | 92.857 | −0.023% | $113.9M | $303.6M | 50x | as long as short |
| Katana Perps HYPE-USD | +0.0099% | 8h | 92.850 | −0.030% | $38K | $1.7M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 92.856 | −0.024% | $7.5M | $45.7M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 92.904 | +0.028% | $2.02B | $663.2M | 10x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 92.891 | +0.014% | $10.0M | $15.2M | 20x | as long as short |
| Binance HYPEUSDT | +0.0100% | 4h | 92.877 | −0.001% | $373.2M | $901.8M | 75x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 92.800 | −0.084% | $202K | $13K | 10x | as long as short |
| Gate HYPE_USDT | +0.0100% | 4h | 92.862 | −0.017% | $44.5M | $55.4M | 75x | as long as short |
| MEXC HYPE_USDT | +0.0100% | 4h | 92.876 | −0.002% | $88.2M | $81.2M | 100x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 92.875 | −0.003% | $46.1M | $18.4M | 75x | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 92.877 | −0.001% | $7.3M | $11.3M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 92.689 | −0.204% | $28.5M | $57.4M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 92.776 | −0.110% | $7.5M | $46.2M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 92.773 | −0.113% | $350K | $1.0M | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 92.867 | −0.012% | $667K | $2.7M | 20x | as long as short |
| Vest HYPE-PERPshort | +0.0100% | 1h | 92.900 | +0.024% | — | $243K | 5x | |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 92.902 | +0.026% | $468K | $2.6M | 20x | as long as short |
| Bluefin HYPE-PERP | +0.0100% | 1h | 92.867 | −0.012% | $79K | $168K | 20x | as long as short |
| Derive HYPE-PERP | +0.0100% | 1h | 92.838 | −0.043% | $16.1M | $7.5M | 10x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 92.839 | −0.042% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 92.882 | +0.004% | $2.0M | $2.0M | 10x | as long as short |
| HTX HYPE-USDT | +0.0100% | 4h | 93.000 | +0.131% | $1.4M | $6.3M | 75x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 92.858 | −0.022% | $18.1M | $43.5M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0104% | 1h | 92.850 | −0.030% | $393K | $164K | 20x | as long as short |
| Injective HYPE/USDC PERP | +0.0150% | 1h | 92.960 | +0.088% | $30K | $339K | 12x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0160% | 1h | 92.920 | +0.045% | $4.7M | $5.5M | 50x | as long as short |
| Kalshi KXHYPEPERP | +0.0226% | 8h | 92.925 | +0.051% | $1.8M | $5.4M | 2.3x | as long as short |
| Reya HYPERUSDPERP | +0.0263% | 1h | 92.875 | −0.004% | $79K | $131K | 15x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0331% / S −0.0154% | 1h | 92.857 | −0.023% | $1.4M | — | 100x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0331% | 1h | 92.962 | +0.090% | $7.5M | $4.5M | 50x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0331% | 1h | 92.933 | +0.060% | $20.6M | $30.4M | 50x | as long as short |
| BloFin HYPE-USDT | +0.0340% | 4h | 92.869 | −0.010% | $16.8M | $11.6M | 75x | as long as short |
| RISEx HYPE/USDC | +0.0687% | 1h | 92.915 | +0.040% | $3.2M | $6.4M | 20x | as long as short |
Aftermath Perps HYPEUSD
01 Exchange HYPEUSD
gTrade (Gains Network) HYPE/USD
Phemex HYPEUSDT
Bullet HYPE-USD
BingX HYPE-USDT
Phoenix HYPE
Bybit HYPEUSDT
Aster HYPEUSDT
Bitget HYPEUSDT
edgeX HYPEUSDC
Paradex HYPE-USD-PERP
Lighter HYPE
Lighter RH HYPE
Popdex HYPEUSDT
OKX HYPE-USDT-SWAP
Katana Perps HYPE-USD
Hyperliquid HYPE
Pacifica HYPE
Binance HYPEUSDT
Bulk HYPE-USD
Gate HYPE_USDT
MEXC HYPE_USDT
KuCoin HYPEUSDTM
Backpack HYPE_USDC_PERP
Variational Omni HYPE
GRVT HYPE_USDT_Perp
ApeX Omni HYPEUSDT
StandX HYPE-USD
Polymarket Perps HYPE-USD
Bluefin HYPE-PERP
Derive HYPE-PERP
SunX HYPE-USDT
SoDEX HYPE-USD
HTX HYPE-USDT
Extended HYPE-USD
Injective HYPE/USDC PERP
Coinbase International HYPE-PERP-INTX
Kalshi KXHYPEPERP
GMX HYPE/USD [WBTC.b-USDC]
Deribit HYPE_USDC-PERPETUAL
Kraken Futures PF_HYPEUSD
BloFin HYPE-USDT
RISEx HYPE/USDC