Funding you earn now, next payment 23:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.00 per $10,000 · paid last 24h −0.052%
Price spread now: Aevo against Hyperliquid−0.143%7-day average −0.045% · you buy dearer than you sell
Net, funding: paid 7d − costs−$47as in the Funding arb table
Net, price: spread back to 7d avg − costs−$52as in the Price arb table
costs, in and out, $10k−$420.419% of the position
Funding, last 7 days−0.052%−$5 on $10k
+Price spread, last 3 days (all we have)+0.037%+$4 · spread now −0.143%, 7d avg −0.045%
=Together, before fees−0.015%+ Points / potential airdropHyperliquid: Season 2 · farm board−$2 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aevo is 0.098% cheaper against Hyperliquid than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of −0.045%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid HYPE | 93.746 | 0.0100 | pay 0.0013% / 1h | 0m 48s | $2.04B | $664.9M | 10x |
| Short | Aevo HYPE-PERP | 93.612 | 0.0096 | get 0.0012% / 1h | 0m 48s | $398K | $318K | 20x |
Hyperliquid HYPE
Aevo HYPE-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aevo against Hyperliquid. 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
- −$0.84
- Price spread: −0.143% → −0.045%
- −$9.78
- Slippage, 4 orders
- −$16.89
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- −$52.51
- Costs to cover
- 0.419%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 3 min ago; Aevo: live order book, 18 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 Hyperliquid live order book, 3 min ago | 0.05 bp | 4.6 bp −$5 | 6.9 bp −$69 | doesn't fit | doesn't fit |
| Sell Aevo live order book, 18 min ago | 6.91 bp | 14.9 bp −$15 | 15.0 bp −$150 | 22.4 bp −$2,238 | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps HYPEUSD | −0.0489% | 1h | 93.462 | −0.303% | $22K | $22K | 10x | as long as short |
| Hibachi HYPE/USDT-P | −0.0456% | 1h | 93.528 | −0.233% | $197K | $228K | 7x | as long as short |
| Arcus HYPE-USD | −0.0131% | 1h | 93.492 | −0.271% | $1.2M | $3.8M | 10x | as long as short |
| Ondo Perps HYPE-USD.P | −0.0128% | 1h | 93.470 | −0.294% | $701K | $898K | 10x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 93.571 | −0.187% | $3K | $331 | 25x | as long as short |
| 01 Exchange HYPEUSD | −0.0016% | 1h | 93.580 | −0.177% | $91K | $357K | 20x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 93.615 | −0.140% | $127K | $32K | 5x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 93.590 | −0.166% | $23K | $330K | 10x | as long as short |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0002% | 1h | 93.629 | −0.125% | $28K | — | 150x | as long as short |
| Popdex HYPEUSDT | +0.0008% | 1h | 93.561 | −0.197% | $62K | $1.2M | 50x | as long as short |
Aftermath Perps HYPEUSD
Hibachi HYPE/USDT-P
Arcus HYPE-USD
Ondo Perps HYPE-USD.P
Hotstuff HYPE-PERP
01 Exchange HYPEUSD
dYdX HYPE-USD
Perpl HYPE
gTrade (Gains Network) HYPE/USD
Popdex HYPEUSDTShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster HYPEUSDT | +0.0014% | 4h | 93.705 | −0.044% | $8.9M | $35.7M | 300x | as long as short |
| Orderly PERP_HYPE_USDC | +0.0015% | 4h | 93.618 | −0.137% | $176K | $524K | 20x | as long as short |
| Bybit HYPEUSDT | +0.0020% | 8h | 93.692 | −0.058% | $324.1M | $280.8M | 75x | as long as short |
| Phoenix HYPE | +0.0034% | 1h | 93.456 | −0.309% | $214K | $1.2M | 10x | as long as short |
| Bullet HYPE-USD | +0.0063% | 1h | 93.569 | −0.189% | $111K | $577K | 20x | as long as short |
| Gate HYPE_USDT | +0.0064% | 4h | 93.692 | −0.058% | $44.2M | $59.0M | 75x | as long as short |
| MEXC HYPE_USDT | +0.0064% | 4h | 93.670 | −0.081% | $90.6M | $82.5M | 100x | as long as short |
| Binance HYPEUSDT | +0.0065% | 4h | 93.698 | −0.051% | $384.6M | $883.9M | 75x | as long as short |
| Derive HYPE-PERP | +0.0065% | 1h | 93.578 | −0.180% | $16.3M | $6.9M | 10x | as long as short |
| edgeX HYPEUSDC | +0.0071% | 4h | 93.562 | −0.196% | $5.1M | $29.7M | 30x | as long as short |
| Phemex HYPEUSDT | +0.0091% | 8h | 93.576 | −0.181% | $12.8M | $2.6M | 50x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 93.687 | −0.063% | $18.7M | $59.1M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 93.668 | −0.083% | $3.1M | $12.2M | 20x | as long as short |
| Aevo HYPE-PERPshort | +0.0096% | 1h | 93.612 | −0.143% | $398K | $318K | 20x | |
| Paradex HYPE-USD-PERP | +0.0099% | 8h | 93.580 | −0.178% | $340K | $169K | 20x | as long as short |
| Katana Perps HYPE-USD | +0.0100% | 8h | 93.580 | −0.177% | $29K | $1.6M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 93.537 | −0.223% | $5.9M | $44.0M | 10x | as long as short |
| Hyperliquid HYPElong | +0.0100% | 1h | 93.746 | long leg | $2.04B | $664.9M | 10x | |
| Pacifica HYPE | +0.0100% | 1h | 93.601 | −0.155% | $10.1M | $14.5M | 20x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0100% | 8h | 93.688 | −0.062% | $114.5M | $313.1M | 50x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 93.712 | −0.036% | $47.1M | $18.3M | 75x | as long as short |
| Bitget HYPEUSDT | +0.0100% | 4h | 93.701 | −0.048% | $227.3M | $102.3M | 75x | as long as short |
| BingX HYPE-USDT | +0.0100% | 4h | 93.697 | −0.052% | — | $53.9M | — | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 93.715 | −0.033% | $7.9M | $10.5M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 93.352 | −0.420% | $30.8M | $51.9M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 93.460 | −0.305% | $7.5M | $45.6M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 93.565 | −0.193% | $416K | $1.0M | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 93.549 | −0.210% | $677K | $2.5M | 20x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 93.600 | −0.156% | — | $454K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 93.592 | −0.164% | $495K | $2.5M | 20x | as long as short |
| Bluefin HYPE-PERP | +0.0100% | 1h | 93.627 | −0.127% | $76K | $166K | 20x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 93.619 | −0.135% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 93.628 | −0.126% | $2.0M | $2.0M | 10x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 93.280 | −0.497% | $204K | $8K | 10x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 93.647 | −0.106% | $18.3M | $41.6M | 50x | as long as short |
| Kalshi KXHYPEPERP | +0.0118% | 8h | 93.643 | −0.110% | $1.9M | $5.1M | 2.3x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0176% | 1h | 93.660 | −0.092% | $4.9M | $5.7M | 50x | as long as short |
| HTX HYPE-USDT | +0.0219% | 4h | 93.740 | −0.006% | $1.5M | $7.7M | 75x | as long as short |
| Injective HYPE/USDC PERP | +0.0239% | 1h | 93.770 | +0.026% | $30K | $338K | 12x | as long as short |
| Reya HYPERUSDPERP | +0.0248% | 1h | 93.558 | −0.201% | $77K | $155K | 15x | as long as short |
| BloFin HYPE-USDT | +0.0259% | 4h | 93.600 | −0.156% | $16.9M | $12.3M | 75x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0262% | 1h | 93.723 | −0.025% | $7.4M | $4.5M | 50x | as long as short |
| RISEx HYPE/USDC | +0.0280% | 1h | 93.623 | −0.132% | $2.8M | $6.8M | 20x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0340% / S −0.0165% | 1h | 93.616 | −0.139% | $1.4M | — | 100x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0463% | 1h | 93.746 | 0.000% | $21.0M | $28.9M | 50x | as long as short |
Aster HYPEUSDT
Orderly PERP_HYPE_USDC
Bybit HYPEUSDT
Phoenix HYPE
Bullet HYPE-USD
Gate HYPE_USDT
MEXC HYPE_USDT
Binance HYPEUSDT
Derive HYPE-PERP
edgeX HYPEUSDC
Phemex HYPEUSDT
Lighter HYPE
Lighter RH HYPE
Paradex HYPE-USD-PERP
Katana Perps HYPE-USD
Nado HYPE-PERP
Pacifica HYPE
OKX HYPE-USDT-SWAP
KuCoin HYPEUSDTM
Bitget HYPEUSDT
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
SunX HYPE-USDT
SoDEX HYPE-USD
Bulk HYPE-USD
Extended HYPE-USD
Kalshi KXHYPEPERP
Coinbase International HYPE-PERP-INTX
HTX HYPE-USDT
Injective HYPE/USDC PERP
Reya HYPERUSDPERP
BloFin HYPE-USDT
Deribit HYPE_USDC-PERPETUAL
RISEx HYPE/USDC
GMX HYPE/USD [WBTC.b-USDC]
Kraken Futures PF_HYPEUSD