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

HYPE

all HYPE markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0181%/8h= −19.8% APRnext payment $0.23 per $10,000 · paid last 24h −0.056%
Price spread now: Aevo against Injective+0.242%59s7-day average −0.176% · you sell dearer than you buy
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 7 days−2.298%−$230 on $10k
Price spread, last 3 days (all we have)−0.286%−$29 · spread now +0.242%, 7d avg −0.176%
Together, before fees−2.583%−$258 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Aevo is 0.418% dearer against Injective than usual: you sell high and buy low (spread +0.242% now, against its 7-day average of −0.176%): +$42 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 7.7 days. At the pace of the last 7 days (−2.298% in total) that is about 31 hours. The two prices were read 59 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective HYPE/USDC PERP93.2900.0285pay 0.0036% / 1h47m 34s$30K$231K12x
ShortAevo HYPE-PERP93.5150.0104get 0.0013% / 1h47m 34s$398K$318K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Injective. 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
−$37.94
Price spread: +0.242% → −0.176%
$41.78
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$12.18
Costs to cover
0.160%
Break-even
from the start
Slippage unknown: Injective: live order book, 41 min ago; Aevo: live order book, 41 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 Injective live order book, 41 min ago36.79 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Aevo live order book, 41 min ago6.65 bp15.0 bp −$1517.6 bp −$17620.3 bp −$2,035doesn't fit

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−0.1256%1h93.344+0.058%$197K$233K7xas long as short
Ondo Perps HYPE-USD.P−0.0168%1h93.330+0.043%$700K$944K10xas long as short
Aftermath Perps HYPEUSD−0.0165%1h93.409+0.127%$22K$22K10xas long as short
01 Exchange HYPEUSD−0.0080%1h93.449+0.170%$89K$344K20xas long as short
Hotstuff HYPE-PERP−0.0080%1h93.472+0.195%$3K$33125xas long as short
Bullet HYPE-USD−0.0001%1h93.419+0.138%$112K$583K20xas long as short
dYdX HYPE-USD0.0000%1h93.504+0.229%$127K$33K5xas long as short
Kalshi KXHYPEPERP0.0000%8h93.559+0.288%$1.9M$5.4M2.3xas long as short
Perpl HYPE0.0000%43m93.443+0.164%$23K$343K10xas long as short
gTrade (Gains Network) HYPE/USDL +0.0002% / S −0.0001%1h93.513+0.239%$19K150xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster HYPEUSDT+0.0014%4h93.487+0.211%$8.9M$36.2M300xas long as short
Derive HYPE-PERP+0.0017%1h93.431+0.152%$16.4M$7.1M10xas long as short
Gate HYPE_USDT+0.0028%4h93.445+0.166%$44.2M$56.3M75xas long as short
Bybit HYPEUSDT+0.0041%8h93.420+0.139%$325.7M$287.9M75xas long as short
Phoenix HYPE+0.0068%1h93.408+0.126%$216K$1.2M10xas long as short
Orderly PERP_HYPE_USDC+0.0076%4h93.500+0.225%$180K$536K20xas long as short
ApeX Omni HYPEUSDT+0.0092%1h93.318+0.030%$405K$1.1M50xas long as short
Lighter HYPE+0.0096%1h93.492+0.217%$18.5M$59.3M20xas long as short
Lighter RH HYPE+0.0096%1h93.464+0.187%$3.1M$12.3M20xas long as short
Popdex HYPEUSDT+0.0096%1h93.430+0.150%$56K$1.2M50xas long as short
Katana Perps HYPE-USD+0.0100%8h93.480+0.204%$40K$1.7M10xas long as short
Nado HYPE-PERP+0.0100%1h93.418+0.138%$6.0M$44.3M10xas long as short
Hyperliquid HYPE+0.0100%1h93.491+0.215%$2.04B$669.1M10xas long as short
Pacifica HYPE+0.0100%1h93.462+0.184%$10.0M$14.5M20xas long as short
Binance HYPEUSDT+0.0100%4h93.433+0.153%$385.9M$889.3M75xas long as short
OKX HYPE-USDT-SWAP+0.0100%8h93.416+0.135%$114.8M$315.5M50xas long as short
Arcus HYPE-USD+0.0100%1h93.421+0.140%$1.2M$4.0M10xas long as short
Bulk HYPE-USD+0.0100%1h93.335+0.049%$204K$12K10xas long as short
MEXC HYPE_USDT+0.0100%4h93.422+0.141%$93.1M$81.9M100xas long as short
KuCoin HYPEUSDTM+0.0100%4h93.433+0.153%$46.3M$19.4M75xas long as short
Bitget HYPEUSDT+0.0100%4h93.433+0.153%$226.9M$102.0M75xas long as short
BingX HYPE-USDT+0.0100%4h93.430+0.150%$54.3Mas long as short
Backpack HYPE_USDC_PERP+0.0100%1h93.523+0.250%$7.9M$11.7M20xas long as short
Variational Omni HYPE+0.0100%8h93.295+0.006%$28.8M$49.8Mas long as short
GRVT HYPE_USDT_Perp+0.0100%4h93.407+0.126%$7.5M$46.2M10xas long as short
StandX HYPE-USD+0.0100%1h93.504+0.229%$676K$2.4M20xas long as short
Vest HYPE-PERP+0.0100%1h93.486+0.210%$454K5xas long as short
Polymarket Perps HYPE-USD+0.0100%1h93.471+0.194%$494K$2.6M20xas long as short
Bluefin HYPE-PERP+0.0100%1h93.493+0.218%$76K$169K20xas long as short
SunX HYPE-USDT+0.0100%4h93.529+0.256%$32K$1.6M20xas long as short
SoDEX HYPE-USD+0.0100%1h93.495+0.220%$2.0M$2.0M10xas long as short
Phemex HYPEUSDT+0.0100%8h93.488+0.212%$12.7M$2.6M50xas long as short
Paradex HYPE-USD-PERP+0.0100%8h93.473+0.196%$339K$171K20xas long as short
Extended HYPE-USD+0.0104%1h93.427+0.146%$18.4M$41.1M50xas long as short
Aevo HYPE-PERPshort+0.0104%1h93.515+0.242%$398K$318K20x
edgeX HYPEUSDC+0.0108%4h93.395+0.112%$5.1M$29.5M30xas long as short
Coinbase International HYPE-PERP-INTX+0.0208%1h93.550+0.279%$4.9M$5.7M50xas long as short
Reya HYPERUSDPERP+0.0245%1h93.426+0.146%$77K$157K15xas long as short
Deribit HYPE_USDC-PERPETUAL+0.0252%1h93.599+0.331%$7.4M$4.6M50xas long as short
Injective HYPE/USDC PERPlong+0.0285%1h93.290long leg$30K$231K12x
GMX HYPE/USD [WBTC.b-USDC]L +0.0339% / S −0.0165%1h93.512+0.238%$1.4M100xas long as short
BloFin HYPE-USDT+0.0340%4h93.376+0.092%$17.1M$12.5M75xas long as short
HTX HYPE-USDT+0.0398%4h93.650+0.386%$1.5M$7.6M75xas long as short
RISEx HYPE/USDC+0.0467%1h93.512+0.238%$2.7M$6.8M20xas long as short
Kraken Futures PF_HYPEUSD+0.0573%1h93.603+0.336%$19.2M$25.9M50xas long as short