Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.042%
Price spread now: SunX against Hyperliquid−0.080%7-day average +0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs−$75as in the Funding arb table
Net, price: spread back to 7d avg − costs−$77as in the Price arb table
costs, in and out, $10k−$680.684% of the position
Funding, last 7 days−0.063%−$6 on $10k
+Price spread, last 4 days (all we have)−0.214%−$21 · spread now −0.080%, 7d avg +0.011%
=Together, before fees−0.276%+ Points / potential airdropHyperliquid: Season 2 · farm board−$28 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: SunX is 0.090% cheaper against Hyperliquid than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of +0.011%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid HYPE | 93.413 | 0.0100 | pay 0.0013% / 1h | 18m 01s | $2.04B | $653.8M | 10x |
| Short | SunX HYPE-USDT | 93.339 | 0.0100 | get 0.0050% / 4h | 1h 18m | $32K | $1.6M | 20x |
Hyperliquid HYPE
SunX HYPE-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- Price spread: −0.080% → +0.011%
- −$9.05
- Slippage, 4 orders
- −$51.37
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$77.42
- Costs to cover
- 0.684%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 6 min ago; SunX: live order book, 7 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, 6 min ago | 0.05 bp | 5.8 bp −$6 | doesn't fit | doesn't fit | doesn't fit |
| Sell SunX live order book, 7 min ago | 19.38 bp | 33.9 bp −$34 | doesn't fit | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Hibachi HYPE/USDT-P | −0.1088% | 1h | 93.263 | −0.162% | $197K | $227K | 7x | as long as short |
| Arcus HYPE-USD | −0.0899% | 1h | 93.206 | −0.222% | $1.2M | $3.8M | 10x | as long as short |
| Ondo Perps HYPE-USD.P | −0.0130% | 1h | 93.270 | −0.154% | $699K | $1.0M | 10x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 93.331 | −0.088% | $3K | $331 | 25x | as long as short |
| Aftermath Perps HYPEUSD | −0.0064% | 1h | 93.369 | −0.047% | $22K | $21K | 10x | as long as short |
| 01 Exchange HYPEUSD | −0.0056% | 1h | 93.338 | −0.081% | $85K | $343K | 20x | as long as short |
| Orderly PERP_HYPE_USDC | −0.0047% | 4h | 93.285 | −0.138% | $154K | $652K | 20x | as long as short |
| Phemex HYPEUSDT | −0.0026% | 8h | 93.338 | −0.081% | $12.6M | $2.7M | 50x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 93.320 | −0.100% | $128K | $31K | 5x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 93.330 | −0.089% | $23K | $319K | 10x | as long as short |
Hibachi HYPE/USDT-P
Arcus HYPE-USD
Ondo Perps HYPE-USD.P
Hotstuff HYPE-PERP
Aftermath Perps HYPEUSD
01 Exchange HYPEUSD
Orderly PERP_HYPE_USDC
Phemex HYPEUSDT
dYdX HYPE-USD
Perpl HYPEShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0002% | 1h | 93.320 | −0.100% | $63K | — | 150x | as long as short |
| Bullet HYPE-USD | +0.0009% | 1h | 93.328 | −0.092% | $111K | $578K | 20x | as long as short |
| Aster HYPEUSDT | +0.0025% | 4h | 93.310 | −0.111% | $8.8M | $35.6M | 300x | as long as short |
| Phoenix HYPE | +0.0026% | 1h | 93.480 | +0.071% | $213K | $1.2M | 10x | as long as short |
| BingX HYPE-USDT | +0.0034% | 4h | 93.333 | −0.086% | — | $52.9M | — | as long as short |
| Bybit HYPEUSDT | +0.0043% | 8h | 93.320 | −0.100% | $321.3M | $277.2M | 75x | as long as short |
| Gate HYPE_USDT | +0.0048% | 4h | 93.325 | −0.095% | $44.6M | $55.3M | 75x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0076% | 8h | 93.321 | −0.099% | $113.9M | $300.6M | 50x | as long as short |
| Derive HYPE-PERP | +0.0082% | 1h | 93.280 | −0.143% | $16.2M | $7.5M | 10x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 93.354 | −0.063% | $16.2M | $62.0M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 93.336 | −0.083% | $3.1M | $11.6M | 20x | as long as short |
| Popdex HYPEUSDT | +0.0096% | 1h | 93.308 | −0.113% | $70K | $1.2M | 50x | as long as short |
| Paradex HYPE-USD-PERP | +0.0097% | 8h | 93.352 | −0.066% | $339K | $162K | 20x | as long as short |
| Katana Perps HYPE-USD | +0.0100% | 8h | 93.330 | −0.089% | $12K | $1.6M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 93.305 | −0.116% | $5.8M | $43.1M | 10x | as long as short |
| Hyperliquid HYPElong | +0.0100% | 1h | 93.413 | long leg | $2.04B | $653.8M | 10x | |
| Pacifica HYPE | +0.0100% | 1h | 93.350 | −0.068% | $10.0M | $14.8M | 20x | as long as short |
| Binance HYPEUSDT | +0.0100% | 4h | 93.322 | −0.098% | $378.7M | $876.9M | 75x | as long as short |
| MEXC HYPE_USDT | +0.0100% | 4h | 93.323 | −0.097% | $89.3M | $80.9M | 100x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 93.332 | −0.087% | $45.9M | $18.2M | 75x | as long as short |
| Bitget HYPEUSDT | +0.0100% | 4h | 93.325 | −0.095% | $225.7M | $96.4M | 75x | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 93.306 | −0.115% | $7.4M | $10.3M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 93.358 | −0.060% | $31.1M | $53.7M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 93.441 | +0.030% | $7.6M | $45.8M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 93.412 | −0.002% | $339K | $997K | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 93.363 | −0.054% | $666K | $2.7M | 20x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 93.369 | −0.048% | — | $243K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 93.359 | −0.058% | $475K | $2.6M | 20x | as long as short |
| Bluefin HYPE-PERP | +0.0100% | 1h | 93.281 | −0.142% | $79K | $168K | 20x | as long as short |
| SunX HYPE-USDTshort | +0.0100% | 4h | 93.339 | −0.080% | $32K | $1.6M | 20x | |
| SoDEX HYPE-USD | +0.0100% | 1h | 93.304 | −0.117% | $2.0M | $1.9M | 10x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 93.217 | −0.210% | $203K | $10K | 10x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 93.299 | −0.123% | $18.4M | $43.7M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0104% | 1h | 93.297 | −0.125% | $397K | $162K | 20x | as long as short |
| edgeX HYPEUSDC | +0.0110% | 4h | 93.367 | −0.050% | $5.1M | $29.1M | 30x | as long as short |
| HTX HYPE-USDT | +0.0156% | 4h | 93.453 | +0.042% | $1.4M | $6.0M | 75x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0176% | 1h | 93.350 | −0.068% | $4.8M | $5.6M | 50x | as long as short |
| Reya HYPERUSDPERP | +0.0259% | 1h | 93.301 | −0.120% | $79K | $140K | 15x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0264% | 1h | 93.392 | −0.023% | $7.4M | $4.4M | 50x | as long as short |
| Kalshi KXHYPEPERP | +0.0273% | 8h | 93.374 | −0.042% | $1.9M | $5.1M | 2.3x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0331% / S −0.0156% | 1h | 93.331 | −0.089% | $1.4M | — | 100x | as long as short |
| BloFin HYPE-USDT | +0.0340% | 4h | 93.353 | −0.065% | $16.9M | $11.6M | 75x | as long as short |
| RISEx HYPE/USDC | +0.0510% | 1h | 93.397 | −0.018% | $3.2M | $6.3M | 20x | as long as short |
| Injective HYPE/USDC PERP | +0.0519% | 1h | 93.730 | +0.339% | $30K | $339K | 12x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0685% | 1h | 93.390 | −0.025% | $20.7M | $29.8M | 50x | as long as short |
gTrade (Gains Network) HYPE/USD
Bullet HYPE-USD
Aster HYPEUSDT
Phoenix HYPE
BingX HYPE-USDT
Bybit HYPEUSDT
Gate HYPE_USDT
OKX HYPE-USDT-SWAP
Derive HYPE-PERP
Lighter HYPE
Lighter RH HYPE
Popdex HYPEUSDT
Paradex HYPE-USD-PERP
Katana Perps HYPE-USD
Nado HYPE-PERP
Pacifica HYPE
Binance HYPEUSDT
MEXC HYPE_USDT
KuCoin HYPEUSDTM
Bitget HYPEUSDT
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
SoDEX HYPE-USD
Bulk HYPE-USD
Extended HYPE-USD
Aevo HYPE-PERP
edgeX HYPEUSDC
HTX HYPE-USDT
Coinbase International HYPE-PERP-INTX
Reya HYPERUSDPERP
Deribit HYPE_USDC-PERPETUAL
Kalshi KXHYPEPERP
GMX HYPE/USD [WBTC.b-USDC]
BloFin HYPE-USDT
RISEx HYPE/USDC
Injective HYPE/USDC PERP
Kraken Futures PF_HYPEUSD