Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.040%
Price spread now: Bulk against HTX+0.067%7-day average −0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$23as in the Price arb table
costs, in and out, $10k−$310.308% of the position
Funding, last 4 days (all we have)−0.041%−$4 on $10k
+Price spread, last 4 days (all we have)−0.038%−$4 · spread now +0.067%, 7d avg −0.010%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bulk is 0.077% dearer against HTX than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of −0.010%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX HYPE-USDT | 93.282 | 0.0100 | pay 0.0050% / 4h | 2h 39m | $1.4M | $6.4M | 75x |
| Short | Bulk HYPE-USD | 93.344 | 0.0100 | get 0.0013% / 1h | 39m 09s | $215K | $15K | 10x |
HTX HYPE-USDT
Bulk HYPE-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bulk against HTX. 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
- $0
- Price spread: +0.067% → −0.010%
- $7.7
- Slippage, 4 orders
- −$11.81
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Bulk: 3.5 bp × 2 orders
- −$7
- Net
- −$23.11
- Costs to cover
- 0.308%
- Break-even
- 47478916590559712.0 days
Slippage from HTX: live order book, 5 min ago; Bulk: live order book, 10 min ago.
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 HTX live order book, 5 min ago | 0.05 bp | 9.7 bp −$10 | 15.1 bp −$151 | 48.1 bp −$4,812 | doesn't fit |
| Sell Bulk live order book, 10 min ago | 0.53 bp | 4.0 bp −$4 | 6.1 bp −$61 | 14.9 bp −$1,486 | 47.3 bp −$23.7K |
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 | −0.1736% | 1h | 93.110 | −0.185% | $196K | $232K | 7x | as long as short |
| Aftermath Perps HYPEUSD | −0.0361% | 1h | 93.327 | +0.048% | $22K | $21K | 10x | as long as short |
| Bullet HYPE-USD | −0.0081% | 1h | 93.152 | −0.139% | $111K | $578K | 20x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 93.095 | −0.200% | $3K | $331 | 25x | as long as short |
| 01 Exchange HYPEUSD | −0.0024% | 1h | 93.111 | −0.183% | $87K | $366K | 20x | as long as short |
| Orderly PERP_HYPE_USDC | −0.0023% | 4h | 93.173 | −0.117% | $146K | $663K | 20x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 93.220 | −0.067% | $128K | $29K | 5x | as long as short |
| Kalshi KXHYPEPERP | 0.0000% | 8h | 93.239 | −0.046% | $1.8M | $5.7M | 2.3x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 93.139 | −0.153% | $22K | $290K | 10x | as long as short |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0002% | 1h | 93.179 | −0.111% | $62K | — | 150x | as long as short |
Hibachi HYPE/USDT-P
Aftermath Perps HYPEUSD
Bullet HYPE-USD
Hotstuff HYPE-PERP
01 Exchange HYPEUSD
Orderly PERP_HYPE_USDC
dYdX HYPE-USD
Kalshi KXHYPEPERP
Perpl HYPE
gTrade (Gains Network) HYPE/USDShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus HYPE-USD | +0.0011% | 1h | 93.084 | −0.212% | $1.0M | $3.9M | 10x | as long as short |
| Bitget HYPEUSDT | +0.0014% | 4h | 93.140 | −0.152% | $225.3M | $98.9M | 75x | as long as short |
| Ondo Perps HYPE-USD.P | +0.0015% | 1h | 93.080 | −0.217% | $701K | $1.2M | 10x | as long as short |
| Bybit HYPEUSDT | +0.0022% | 8h | 93.110 | −0.184% | $316.3M | $283.7M | 75x | as long as short |
| Phoenix HYPE | +0.0026% | 1h | 93.305 | +0.025% | $209K | $1.2M | 10x | as long as short |
| Phemex HYPEUSDT | +0.0042% | 8h | 93.150 | −0.142% | $12.6M | $2.7M | 50x | as long as short |
| edgeX HYPEUSDC | +0.0084% | 4h | 93.341 | +0.063% | $5.0M | $29.9M | 30x | as long as short |
| Paradex HYPE-USD-PERP | +0.0095% | 8h | 93.155 | −0.136% | $339K | $162K | 20x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 93.152 | −0.140% | $16.1M | $63.1M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 93.165 | −0.125% | $3.1M | $11.4M | 20x | as long as short |
| Popdex HYPEUSDT | +0.0096% | 1h | 93.103 | −0.192% | $76K | $1.1M | 50x | as long as short |
| Katana Perps HYPE-USD | +0.0099% | 8h | 93.120 | −0.174% | $28K | $1.7M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 93.112 | −0.182% | $8.0M | $48.5M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 93.182 | −0.107% | $2.03B | $667.8M | 10x | as long as short |
| Aster HYPEUSDT | +0.0100% | 4h | 93.138 | −0.155% | $8.7M | $36.5M | 300x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 93.167 | −0.123% | $10.0M | $15.4M | 20x | as long as short |
| Binance HYPEUSDT | +0.0100% | 4h | 93.149 | −0.143% | $373.2M | $913.6M | 75x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0100% | 8h | 93.108 | −0.187% | $114.2M | $308.5M | 50x | as long as short |
| Gate HYPE_USDT | +0.0100% | 4h | 93.165 | −0.125% | $46.5M | $54.1M | 75x | as long as short |
| MEXC HYPE_USDT | +0.0100% | 4h | 93.135 | −0.158% | $89.9M | $80.8M | 100x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 93.153 | −0.138% | $46.0M | $18.9M | 75x | as long as short |
| BingX HYPE-USDT | +0.0100% | 4h | 93.133 | −0.160% | — | $53.9M | — | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 93.166 | −0.124% | $7.3M | $10.6M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 93.140 | −0.153% | $28.5M | $56.6M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 93.223 | −0.063% | $7.5M | $47.1M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 93.222 | −0.064% | $342K | $1.0M | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 93.157 | −0.134% | $666K | $2.9M | 20x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 93.188 | −0.101% | — | $243K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 93.140 | −0.152% | $501K | $2.7M | 20x | as long as short |
| Bluefin HYPE-PERP | +0.0100% | 1h | 93.165 | −0.125% | $79K | $166K | 20x | as long as short |
| Derive HYPE-PERP | +0.0100% | 1h | 93.155 | −0.136% | $16.1M | $7.5M | 10x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 93.183 | −0.106% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 93.161 | −0.130% | $2.0M | $1.9M | 10x | as long as short |
| HTX HYPE-USDTlong | +0.0100% | 4h | 93.282 | long leg | $1.4M | $6.4M | 75x | |
| Bulk HYPE-USDshort | +0.0100% | 1h | 93.344 | +0.067% | $215K | $15K | 10x | |
| Extended HYPE-USD | +0.0104% | 1h | 93.156 | −0.135% | $18.1M | $43.2M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0104% | 1h | 93.149 | −0.143% | $394K | $161K | 20x | as long as short |
| Injective HYPE/USDC PERP | +0.0122% | 1h | 93.220 | −0.066% | $30K | $339K | 12x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0144% | 1h | 93.140 | −0.152% | $4.8M | $5.6M | 50x | as long as short |
| Reya HYPERUSDPERP | +0.0268% | 1h | 93.135 | −0.157% | $80K | $131K | 15x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0332% / S −0.0154% | 1h | 93.167 | −0.123% | $1.4M | — | 100x | as long as short |
| BloFin HYPE-USDT | +0.0340% | 4h | 93.179 | −0.110% | $16.8M | $11.9M | 75x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0342% | 1h | 93.225 | −0.062% | $20.8M | $29.6M | 50x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0490% | 1h | 93.267 | −0.016% | $7.5M | $4.0M | 50x | as long as short |
| RISEx HYPE/USDC | +0.0527% | 1h | 93.188 | −0.101% | $3.2M | $6.2M | 20x | as long as short |
Arcus HYPE-USD
Bitget HYPEUSDT
Ondo Perps HYPE-USD.P
Bybit HYPEUSDT
Phoenix HYPE
Phemex HYPEUSDT
edgeX HYPEUSDC
Paradex HYPE-USD-PERP
Lighter HYPE
Lighter RH HYPE
Popdex HYPEUSDT
Katana Perps HYPE-USD
Nado HYPE-PERP
Hyperliquid HYPE
Aster HYPEUSDT
Pacifica HYPE
Binance HYPEUSDT
OKX HYPE-USDT-SWAP
Gate HYPE_USDT
MEXC HYPE_USDT
KuCoin HYPEUSDTM
BingX HYPE-USDT
Backpack HYPE_USDC_PERP
Variational Omni HYPE
GRVT HYPE_USDT_Perp
ApeX Omni HYPEUSDT
StandX HYPE-USD
Vest HYPE-PERP
Polymarket Perps HYPE-USD
Bluefin HYPE-PERP
Derive HYPE-PERP
SunX HYPE-USDT
SoDEX HYPE-USD
Extended HYPE-USD
Aevo HYPE-PERP
Injective HYPE/USDC PERP
Coinbase International HYPE-PERP-INTX
Reya HYPERUSDPERP
GMX HYPE/USD [WBTC.b-USDC]
BloFin HYPE-USDT
Kraken Futures PF_HYPEUSD
Deribit HYPE_USDC-PERPETUAL
RISEx HYPE/USDC