Funding you earn now, next payment 22:00 UTC−0.0185%/8h= −20.2% APRnext payment −$0.23 per $10,000 · paid last 24h −0.117%
Price spread now: Arcus against Injective+0.033%7-day average −0.219% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.789%−$79 on $10k
+Price spread, last 3 days (all we have)+0.044%+$4 · spread now +0.033%, 7d avg −0.219%
=The price spread pays, funding is against you. Arcus is 0.252% dearer against Injective than usual: you sell high and buy low (spread +0.033% now, against its 7-day average of −0.219%): +$25 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 4.6 days. At the pace of the last 3 days (−0.789% in total) that is about 25 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective HYPE/USDC PERP | 93.230 | 0.0285 | pay 0.0036% / 1h | 50m 46s | $30K | $231K | 12x |
| Short | Arcus HYPE-USD | 93.261 | 0.0100 | get 0.0013% / 1h | 50m 46s | $1.2M | $4.0M | 10x |
Injective HYPE/USDC PERP
Arcus HYPE-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against Injective. 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
- −$38.78
- Price spread: +0.033% → −0.219%
- $25.21
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$18.09
- Costs to cover
- 0.045%
- Break-even
- from the start
Slippage unknown: Injective: live order book, 38 min ago; Arcus: live order book, 3 min ago. 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, 38 min ago | 36.79 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Arcus live order book, 3 min ago | 0.48 bp | 2.9 bp −$3 | 9.1 bp −$91 | 31.6 bp −$3,163 | 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 | −0.1304% | 1h | 93.259 | +0.031% | $197K | $233K | 7x | as long as short |
| Ondo Perps HYPE-USD.P | −0.0191% | 1h | 93.210 | −0.021% | $700K | $949K | 10x | as long as short |
| Aftermath Perps HYPEUSD | −0.0128% | 1h | 93.305 | +0.081% | $22K | $22K | 10x | as long as short |
| 01 Exchange HYPEUSD | −0.0096% | 1h | 93.334 | +0.112% | $89K | $344K | 20x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 93.320 | +0.097% | $3K | $331 | 25x | as long as short |
| Bullet HYPE-USD | −0.0039% | 1h | 93.271 | +0.044% | $113K | $583K | 20x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 93.407 | +0.190% | $127K | $33K | 5x | as long as short |
| Kalshi KXHYPEPERP | 0.0000% | 8h | 93.387 | +0.168% | $1.9M | $5.4M | 2.3x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 93.269 | +0.042% | $23K | $343K | 10x | as long as short |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0001% | 1h | 93.336 | +0.114% | $20K | — | 150x | as long as short |
Hibachi HYPE/USDT-P
Ondo Perps HYPE-USD.P
Aftermath Perps HYPEUSD
01 Exchange HYPEUSD
Hotstuff HYPE-PERP
Bullet HYPE-USD
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 | |
|---|---|---|---|---|---|---|---|---|
| Gate HYPE_USDT | +0.0004% | 4h | 93.330 | +0.107% | $44.1M | $56.2M | 75x | as long as short |
| Aster HYPEUSDT | +0.0006% | 4h | 93.361 | +0.141% | $8.9M | $36.3M | 300x | as long as short |
| Derive HYPE-PERP | +0.0024% | 1h | 93.253 | +0.025% | $16.4M | $7.1M | 10x | as long as short |
| Bybit HYPEUSDT | +0.0041% | 8h | 93.336 | +0.114% | $325.4M | $288.3M | 75x | as long as short |
| Phoenix HYPE | +0.0068% | 1h | 93.368 | +0.148% | $215K | $1.2M | 10x | as long as short |
| Orderly PERP_HYPE_USDC | +0.0077% | 4h | 93.320 | +0.097% | $180K | $536K | 20x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 93.405 | +0.187% | $18.5M | $59.1M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 93.374 | +0.154% | $3.1M | $12.3M | 20x | as long as short |
| Popdex HYPEUSDT | +0.0096% | 1h | 93.291 | +0.065% | $56K | $1.2M | 50x | as long as short |
| Katana Perps HYPE-USD | +0.0100% | 8h | 93.290 | +0.064% | $40K | $1.7M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 93.302 | +0.077% | $6.0M | $44.4M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 93.397 | +0.179% | $2.03B | $668.5M | 10x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 93.379 | +0.160% | $10.0M | $14.5M | 20x | as long as short |
| Binance HYPEUSDT | +0.0100% | 4h | 93.352 | +0.131% | $386.0M | $890.4M | 75x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0100% | 8h | 93.348 | +0.127% | $114.7M | $316.2M | 50x | as long as short |
| Arcus HYPE-USDshort | +0.0100% | 1h | 93.261 | +0.033% | $1.2M | $4.0M | 10x | |
| Bulk HYPE-USD | +0.0100% | 1h | 93.335 | +0.113% | $204K | $12K | 10x | as long as short |
| MEXC HYPE_USDT | +0.0100% | 4h | 93.355 | +0.134% | $92.4M | $81.6M | 100x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 93.370 | +0.150% | $46.3M | $19.4M | 75x | as long as short |
| Bitget HYPEUSDT | +0.0100% | 4h | 93.359 | +0.138% | $226.8M | $102.0M | 75x | as long as short |
| BingX HYPE-USDT | +0.0100% | 4h | 93.338 | +0.116% | — | $54.4M | — | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 93.368 | +0.148% | $7.9M | $11.7M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 93.285 | +0.058% | $28.8M | $49.9M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 93.383 | +0.164% | $7.5M | $46.8M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 93.287 | +0.061% | $405K | $1.1M | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 93.340 | +0.118% | $675K | $2.4M | 20x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 93.341 | +0.119% | — | $454K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 93.324 | +0.101% | $493K | $2.6M | 20x | as long as short |
| Bluefin HYPE-PERP | +0.0100% | 1h | 93.305 | +0.080% | $76K | $169K | 20x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 93.322 | +0.099% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 93.309 | +0.085% | $2.0M | $2.0M | 10x | as long as short |
| Phemex HYPEUSDT | +0.0100% | 8h | 93.325 | +0.102% | $12.7M | $2.6M | 50x | as long as short |
| Paradex HYPE-USD-PERP | +0.0100% | 8h | 93.377 | +0.158% | $339K | $171K | 20x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 93.332 | +0.110% | $18.4M | $41.0M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0104% | 1h | 93.326 | +0.103% | $397K | $318K | 20x | as long as short |
| edgeX HYPEUSDC | +0.0113% | 4h | 93.276 | +0.049% | $5.1M | $29.5M | 30x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0208% | 1h | 93.390 | +0.172% | $4.9M | $5.7M | 50x | as long as short |
| Reya HYPERUSDPERP | +0.0245% | 1h | 93.304 | +0.080% | $77K | $157K | 15x | as long as short |
| Injective HYPE/USDC PERPlong | +0.0285% | 1h | 93.230 | long leg | $30K | $231K | 12x | |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0339% / S −0.0165% | 1h | 93.331 | +0.108% | $1.4M | — | 100x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0339% | 1h | 93.410 | +0.193% | $7.4M | $4.6M | 50x | as long as short |
| BloFin HYPE-USDT | +0.0340% | 4h | 93.295 | +0.070% | $17.1M | $12.5M | 75x | as long as short |
| HTX HYPE-USDT | +0.0404% | 4h | 93.466 | +0.253% | $1.5M | $7.6M | 75x | as long as short |
| RISEx HYPE/USDC | +0.0467% | 1h | 93.358 | +0.137% | $2.7M | $6.8M | 20x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0574% | 1h | 93.425 | +0.209% | $19.2M | $25.8M | 50x | as long as short |
Gate HYPE_USDT
Aster HYPEUSDT
Derive HYPE-PERP
Bybit HYPEUSDT
Phoenix HYPE
Orderly PERP_HYPE_USDC
Lighter HYPE
Lighter RH HYPE
Popdex HYPEUSDT
Katana Perps HYPE-USD
Nado HYPE-PERP
Hyperliquid HYPE
Pacifica HYPE
Binance HYPEUSDT
OKX HYPE-USDT-SWAP
Bulk HYPE-USD
MEXC HYPE_USDT
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
Phemex HYPEUSDT
Paradex HYPE-USD-PERP
Extended HYPE-USD
Aevo HYPE-PERP
edgeX HYPEUSDC
Coinbase International HYPE-PERP-INTX
Reya HYPERUSDPERP
GMX HYPE/USD [WBTC.b-USDC]
Deribit HYPE_USDC-PERPETUAL
BloFin HYPE-USDT
HTX HYPE-USDT
RISEx HYPE/USDC
Kraken Futures PF_HYPEUSD