Settings8H · net · $10k
Funding arb · Price arb /

HYPE

all HYPE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.030%
Price spread now: 01 Exchange against Hotstuff−0.001%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHotstuff: Active · farm boardneeds both histories
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHotstuff HYPE-PERP93.423−0.0080get 0.0010% / 1h44m 48s$3K$33125x
Short01 Exchange HYPEUSD93.422−0.0080pay 0.0010% / 1h44m 48s$89K$345K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange 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

Funding earned
$0
Price spread: −0.001% → 0.000%
−$0.11
Slippage, 4 orders
no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
−$12.11
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Hotstuff: no order-book sample; 01 Exchange: live order book, 44 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Hotstuff no order-book sample
Sell 01 Exchange live order book, 44 min ago0.21 bp10.5 bp −$1127.2 bp −$272doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hibachi HYPE/USDT-P−0.1240%1h93.386−0.039%$197K$233K7xas long as short
Ondo Perps HYPE-USD.P−0.0202%1h93.330−0.100%$701K$943K10xas long as short
Aftermath Perps HYPEUSD−0.0188%1h93.399−0.026%$22K$22K10xas long as short
01 Exchange HYPEUSDshort−0.0080%1h93.422−0.001%$89K$345K20x
Hotstuff HYPE-PERPlong−0.0080%1h93.423long leg$3K$33125x
dYdX HYPE-USD0.0000%1h93.504+0.086%$127K$33K5xas long as short
Kalshi KXHYPEPERP0.0000%8h93.504+0.087%$1.9M$5.4M2.3xas long as short
Perpl HYPE0.0000%43m93.434+0.012%$23K$343K10xas long as short
gTrade (Gains Network) HYPE/USDL +0.0002% / S −0.0001%1h93.430+0.007%$19K150xas long as short
Aster HYPEUSDT+0.0012%4h93.413−0.011%$8.9M$36.1M300xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Derive HYPE-PERP+0.0017%1h93.351−0.077%$16.4M$7.1M10xas long as short
Bullet HYPE-USD+0.0019%1h93.411−0.013%$113K$583K20xas long as short
Gate HYPE_USDT+0.0022%4h93.377−0.049%$44.2M$56.3M75xas long as short
Bybit HYPEUSDT+0.0039%8h93.364−0.063%$325.2M$287.9M75xas long as short
Phoenix HYPE+0.0068%1h93.408−0.016%$216K$1.2M10xas long as short
Orderly PERP_HYPE_USDC+0.0075%4h93.419−0.004%$180K$536K20xas long as short
Lighter HYPE+0.0096%1h93.415−0.008%$18.5M$59.4M20xas long as short
Lighter RH HYPE+0.0096%1h93.409−0.015%$3.1M$12.3M20xas long as short
Popdex HYPEUSDT+0.0096%1h93.397−0.028%$56K$1.2M50xas long as short
Katana Perps HYPE-USD+0.0100%8h93.440+0.018%$40K$1.7M10xas long as short
Nado HYPE-PERP+0.0100%1h93.396−0.028%$6.0M$44.3M10xas long as short
Hyperliquid HYPE+0.0100%1h93.447+0.026%$2.03B$669.3M10xas long as short
Pacifica HYPE+0.0100%1h93.428+0.006%$10.0M$14.5M20xas long as short
Binance HYPEUSDT+0.0100%4h93.368−0.059%$385.6M$888.3M75xas long as short
OKX HYPE-USDT-SWAP+0.0100%8h93.357−0.071%$114.7M$315.3M50xas long as short
Arcus HYPE-USD+0.0100%1h93.396−0.029%$1.2M$4.0M10xas long as short
Bulk HYPE-USD+0.0100%1h93.335−0.094%$204K$12K10xas long as short
MEXC HYPE_USDT+0.0100%4h93.374−0.052%$93.0M$81.9M100xas long as short
KuCoin HYPEUSDTM+0.0100%4h93.395−0.030%$46.3M$19.3M75xas long as short
Bitget HYPEUSDT+0.0100%4h93.375−0.051%$226.8M$102.0M75xas long as short
BingX HYPE-USDT+0.0100%4h93.373−0.054%$54.3Mas long as short
Backpack HYPE_USDC_PERP+0.0100%1h93.415−0.009%$7.9M$11.7M20xas long as short
Variational Omni HYPE+0.0100%8h93.375−0.051%$28.8M$49.9Mas long as short
GRVT HYPE_USDT_Perp+0.0100%4h93.445+0.023%$7.5M$45.8M10xas long as short
ApeX Omni HYPEUSDT+0.0100%1h93.456+0.035%$406K$1.0M50xas long as short
StandX HYPE-USD+0.0100%1h93.481+0.062%$676K$2.4M20xas long as short
Vest HYPE-PERP+0.0100%1h93.462+0.042%$454K5xas long as short
Polymarket Perps HYPE-USD+0.0100%1h93.447+0.026%$493K$2.6M20xas long as short
Bluefin HYPE-PERP+0.0100%1h93.402−0.022%$76K$168K20xas long as short
SunX HYPE-USDT+0.0100%4h93.445+0.024%$32K$1.6M20xas long as short
SoDEX HYPE-USD+0.0100%1h93.375−0.051%$2.0M$2.0M10xas long as short
Phemex HYPEUSDT+0.0100%8h93.407−0.017%$12.7M$2.6M50xas long as short
Paradex HYPE-USD-PERP+0.0100%8h93.450+0.029%$339K$171K20xas long as short
Extended HYPE-USD+0.0104%1h93.366−0.061%$18.4M$41.1M50xas long as short
Aevo HYPE-PERP+0.0104%1h93.420−0.003%$397K$318K20xas long as short
edgeX HYPEUSDC+0.0107%4h93.435+0.012%$5.1M$29.5M30xas long as short
Coinbase International HYPE-PERP-INTX+0.0208%1h93.500+0.082%$4.9M$5.7M50xas long as short
Deribit HYPE_USDC-PERPETUAL+0.0242%1h93.495+0.077%$7.4M$4.6M50xas long as short
Reya HYPERUSDPERP+0.0245%1h93.404−0.020%$77K$157K15xas long as short
Injective HYPE/USDC PERP+0.0285%1h93.330−0.100%$30K$231K12xas long as short
GMX HYPE/USD [WBTC.b-USDC]L +0.0339% / S −0.0165%1h93.445+0.024%$1.4M100xas long as short
BloFin HYPE-USDT+0.0340%4h93.405−0.019%$17.1M$12.5M75xas long as short
HTX HYPE-USDT+0.0381%4h93.573+0.161%$1.5M$7.6M75xas long as short
RISEx HYPE/USDC+0.0467%1h93.474+0.055%$2.7M$6.8M20xas long as short
Kraken Futures PF_HYPEUSD+0.0574%1h93.481+0.062%$19.2M$25.8M50xas long as short