HYPE

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0363%/8h= −39.7% APRnext payment −$0.45 per $10,000 · paid last 24h −0.039%

Price spread now: Aftermath Perps against Injective+0.155%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Injective Short on Aftermath Perps

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 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. Aftermath Perps is 0.155% dearer against Injective than usual: you sell high and buy low (spread +0.155% now, against zero (this spread has no 7-day history yet)): +$15 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 34 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective HYPE/USDC PERP	93.220	0.0285	pay 0.0036% / 1h	57m 05s	$30K	$231K	12x
Short	Aftermath Perps HYPEUSD	93.364	−0.0078	pay 0.0010% / 1h	57m 05s	$22K	$22K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aftermath Perps 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

Position, each leg$Hold fordaysFee InjectivebpFee Aftermath PerpsbpOrdersPrice spread, now +0.155%Rate

Funding earned: −$76.18
Price spread: +0.155% → 0.000%: $15.46
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Net: −$69.75
Costs to cover: 0.090%
Break-even: from the start

Slippage unknown: Injective: live order book, 32 min ago; Aftermath Perps: no order-book sample. Net counts fees only.

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 Injective live order book, 32 min ago	36.79 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell Aftermath Perps no order-book sample	—	—	—	—	—

Aftermath Perps: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hibachi HYPE/USDT-P	−0.1360%	1h	93.304	+0.090%	$197K	$239K	7x	as long as short
Ondo Perps HYPE-USD.P	−0.0175%	1h	93.260	+0.043%	$700K	$952K	10x	as long as short
01 Exchange HYPEUSD	−0.0104%	1h	93.315	+0.102%	$89K	$340K	20x	as long as short
Hotstuff HYPE-PERP	−0.0080%	1h	93.318	+0.105%	$3K	$331	25x	as long as short
Aftermath Perps HYPEUSDshort	−0.0078%	1h	93.364	+0.155%	$22K	$22K	10x
Gate HYPE_USDT	−0.0002%	4h	93.297	+0.083%	$44.1M	$56.1M	75x	as long as short
dYdX HYPE-USD	0.0000%	1h	93.341	+0.129%	$127K	$33K	5x	as long as short
Kalshi KXHYPEPERP	0.0000%	8h	93.419	+0.213%	$1.9M	$5.4M	2.3x	as long as short
Perpl HYPE	0.0000%	43m	93.260	+0.043%	$24K	$343K	10x	as long as short
gTrade (Gains Network) HYPE/USD	L +0.0002% / S −0.0001%	1h	93.334	+0.122%	$20K	—	150x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster HYPEUSDT	+0.0005%	4h	93.290	+0.075%	$8.9M	$36.5M	300x	as long as short
Popdex HYPEUSDT	+0.0016%	1h	93.305	+0.091%	$56K	$1.2M	50x	as long as short
Bybit HYPEUSDT	+0.0041%	8h	93.290	+0.075%	$325.2M	$289.1M	75x	as long as short
Derive HYPE-PERP	+0.0058%	1h	93.260	+0.043%	$16.4M	$7.1M	10x	as long as short
Orderly PERP_HYPE_USDC	+0.0078%	4h	93.315	+0.102%	$180K	$537K	20x	as long as short
Bluefin HYPE-PERP	+0.0079%	1h	93.301	+0.087%	$76K	$168K	20x	as long as short
Bullet HYPE-USD	+0.0087%	1h	93.302	+0.088%	$112K	$583K	20x	as long as short
Phoenix HYPE	+0.0094%	1h	93.444	+0.240%	$216K	$1.1M	10x	as long as short
Lighter HYPE	+0.0096%	1h	93.363	+0.154%	$18.5M	$58.6M	20x	as long as short
Lighter RH HYPE	+0.0096%	1h	93.335	+0.123%	$3.1M	$12.3M	20x	as long as short
Katana Perps HYPE-USD	+0.0100%	8h	93.360	+0.150%	$38K	$1.7M	10x	as long as short
Nado HYPE-PERP	+0.0100%	1h	93.278	+0.062%	$6.0M	$44.5M	10x	as long as short
Hyperliquid HYPE	+0.0100%	1h	93.365	+0.156%	$2.03B	$674.0M	10x	as long as short
Pacifica HYPE	+0.0100%	1h	93.299	+0.085%	$10.0M	$14.5M	20x	as long as short
Binance HYPEUSDT	+0.0100%	4h	93.307	+0.093%	$386.2M	$893.5M	75x	as long as short
OKX HYPE-USDT-SWAP	+0.0100%	8h	93.292	+0.077%	$114.6M	$316.9M	50x	as long as short
Arcus HYPE-USD	+0.0100%	1h	93.269	+0.053%	$1.2M	$4.0M	10x	as long as short
Bulk HYPE-USD	+0.0100%	1h	93.386	+0.178%	$204K	$12K	10x	as long as short
MEXC HYPE_USDT	+0.0100%	4h	93.302	+0.088%	$92.2M	$81.3M	100x	as long as short
KuCoin HYPEUSDTM	+0.0100%	4h	93.310	+0.097%	$46.3M	$19.6M	75x	as long as short
Bitget HYPEUSDT	+0.0100%	4h	93.314	+0.101%	$226.7M	$102.8M	75x	as long as short
BingX HYPE-USDT	+0.0100%	4h	93.298	+0.084%	—	$54.5M	—	as long as short
Backpack HYPE_USDC_PERP	+0.0100%	1h	93.345	+0.134%	$7.9M	$11.7M	20x	as long as short
Variational Omni HYPE	+0.0100%	8h	93.466	+0.264%	$28.9M	$50.1M	—	as long as short
GRVT HYPE_USDT_Perp	+0.0100%	4h	93.403	+0.196%	$7.5M	$46.8M	10x	as long as short
ApeX Omni HYPEUSDT	+0.0100%	1h	93.402	+0.195%	$405K	$1.1M	50x	as long as short
StandX HYPE-USD	+0.0100%	1h	93.364	+0.154%	$675K	$2.4M	20x	as long as short
Vest HYPE-PERP	+0.0100%	1h	93.359	+0.149%	—	$454K	5x	as long as short
Polymarket Perps HYPE-USD	+0.0100%	1h	93.355	+0.145%	$493K	$2.6M	20x	as long as short
SunX HYPE-USDT	+0.0100%	4h	93.291	+0.076%	$32K	$1.6M	20x	as long as short
SoDEX HYPE-USD	+0.0100%	1h	93.296	+0.082%	$2.0M	$2.0M	10x	as long as short
Phemex HYPEUSDT	+0.0100%	8h	93.351	+0.141%	$12.7M	$2.6M	50x	as long as short
Paradex HYPE-USD-PERP	+0.0101%	8h	93.309	+0.096%	$339K	$171K	20x	as long as short
Extended HYPE-USD	+0.0104%	1h	93.290	+0.076%	$18.4M	$41.1M	50x	as long as short
Aevo HYPE-PERP	+0.0104%	1h	93.318	+0.105%	$397K	$318K	20x	as long as short
edgeX HYPEUSDC	+0.0108%	4h	93.382	+0.174%	$5.1M	$29.4M	30x	as long as short
Coinbase International HYPE-PERP-INTX	+0.0208%	1h	93.380	+0.172%	$4.9M	$5.7M	50x	as long as short
Reya HYPERUSDPERP	+0.0244%	1h	93.311	+0.098%	$77K	$157K	15x	as long as short
Injective HYPE/USDC PERPlong	+0.0285%	1h	93.220	long leg	$30K	$231K	12x
GMX HYPE/USD [WBTC.b-USDC]	L +0.0338% / S −0.0165%	1h	93.331	+0.119%	$1.4M	—	100x	as long as short
BloFin HYPE-USDT	+0.0340%	4h	93.309	+0.095%	$17.2M	$12.6M	75x	as long as short
Deribit HYPE_USDC-PERPETUAL	+0.0371%	1h	93.414	+0.208%	$7.4M	$4.6M	50x	as long as short
HTX HYPE-USDT	+0.0432%	4h	93.459	+0.256%	$1.5M	$7.6M	75x	as long as short
RISEx HYPE/USDC	+0.0467%	1h	93.379	+0.170%	$2.7M	$6.9M	20x	as long as short
Kraken Futures PF_HYPEUSD	+0.0574%	1h	93.440	+0.236%	$18.7M	$24.8M	50x	as long as short