Funding you earn now, next payment 22:00 UTC−0.0185%/8h= −20.2% APRpaid last 24h −0.071%
Price spread now: Bitget against Injective−0.036%7-day average −0.202% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−2.387%−$239 on $10k
+Price spread, last 3 days (all we have)−0.024%−$2 · spread now −0.036%, 7d avg −0.202%
=The price spread pays, funding is against you. Bitget is 0.166% dearer against Injective than usual: you sell high and buy low (spread −0.036% now, against its 7-day average of −0.202%): +$17 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 3.0 days. At the pace of the last 7 days (−2.387% in total) that is about 12 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective HYPE/USDC PERP | 93.400 | 0.0285 | pay 0.0036% / 1h | 12m 44s | $30K | $291K | 12x |
| Short | Bitget HYPEUSDT | 93.366 | 0.0100 | get 0.0050% / 4h | 2h 12m | $226.8M | $102.5M | 75x |
Injective HYPE/USDC PERP
Bitget HYPEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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: −0.036% → −0.202%
- $16.56
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$34.24
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: Injective: live order book, 11 min ago; Bitget: live order book, 6 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, 11 min ago | 15.46 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 6 min ago | 0.05 bp | 6.7 bp −$7 | 14.2 bp −$142 | 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 | −0.0928% | 1h | 93.539 | +0.149% | $198K | $233K | 7x | as long as short |
| Aftermath Perps HYPEUSD | −0.0264% | 1h | 93.617 | +0.232% | $22K | $22K | 10x | as long as short |
| Ondo Perps HYPE-USD.P | −0.0233% | 1h | 93.440 | +0.043% | $702K | $932K | 10x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 93.537 | +0.147% | $3K | $331 | 25x | as long as short |
| 01 Exchange HYPEUSD | −0.0072% | 1h | 93.470 | +0.075% | $90K | $346K | 20x | as long as short |
| Bullet HYPE-USD | −0.0025% | 1h | 93.421 | +0.022% | $111K | $581K | 20x | as long as short |
| Derive HYPE-PERP | −0.0025% | 1h | 93.364 | −0.039% | $16.4M | $7.1M | 10x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 93.459 | +0.063% | $127K | $32K | 5x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 93.445 | +0.048% | $23K | $337K | 10x | as long as short |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0001% | 1h | 93.451 | +0.054% | $20K | — | 150x | as long as short |
Hibachi HYPE/USDT-P
Aftermath Perps HYPEUSD
Ondo Perps HYPE-USD.P
Hotstuff HYPE-PERP
01 Exchange HYPEUSD
Bullet HYPE-USD
Derive HYPE-PERP
dYdX HYPE-USD
Perpl HYPE
gTrade (Gains Network) HYPE/USDShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster HYPEUSDT | +0.0015% | 4h | 93.363 | −0.039% | $8.9M | $35.8M | 300x | as long as short |
| Gate HYPE_USDT | +0.0026% | 4h | 93.366 | −0.036% | $43.9M | $57.5M | 75x | as long as short |
| Bybit HYPEUSDT | +0.0034% | 8h | 93.350 | −0.054% | $325.1M | $287.1M | 75x | as long as short |
| Popdex HYPEUSDT | +0.0048% | 1h | 93.449 | +0.052% | $59K | $1.2M | 50x | as long as short |
| Orderly PERP_HYPE_USDC | +0.0058% | 4h | 93.425 | +0.027% | $176K | $520K | 20x | as long as short |
| Phoenix HYPE | +0.0068% | 1h | 93.605 | +0.219% | $216K | $1.2M | 10x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 93.391 | −0.009% | $18.6M | $59.8M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 93.386 | −0.015% | $3.1M | $12.4M | 20x | as long as short |
| Paradex HYPE-USD-PERP | +0.0099% | 8h | 93.479 | +0.084% | $340K | $170K | 20x | as long as short |
| Katana Perps HYPE-USD | +0.0100% | 8h | 93.490 | +0.096% | $37K | $1.6M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 93.445 | +0.048% | $5.9M | $44.1M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 93.468 | +0.073% | $2.04B | $670.8M | 10x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 93.376 | −0.026% | $10.0M | $14.4M | 20x | as long as short |
| Binance HYPEUSDT | +0.0100% | 4h | 93.346 | −0.058% | $385.4M | $889.5M | 75x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0100% | 8h | 93.340 | −0.064% | $114.6M | $315.1M | 50x | as long as short |
| Arcus HYPE-USD | +0.0100% | 1h | 93.440 | +0.043% | $1.2M | $4.0M | 10x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 93.690 | +0.310% | $205K | $12K | 10x | as long as short |
| MEXC HYPE_USDT | +0.0100% | 4h | 93.352 | −0.051% | $93.4M | $82.4M | 100x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 93.423 | +0.025% | $46.3M | $18.8M | 75x | as long as short |
| Bitget HYPEUSDTshort | +0.0100% | 4h | 93.366 | −0.036% | $226.8M | $102.5M | 75x | |
| BingX HYPE-USDT | +0.0100% | 4h | 93.365 | −0.037% | — | $54.2M | — | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 93.422 | +0.024% | $7.9M | $11.7M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 93.561 | +0.172% | $29.2M | $50.1M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 93.632 | +0.249% | $7.5M | $45.3M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 93.558 | +0.169% | $406K | $1.0M | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 93.583 | +0.196% | $677K | $2.5M | 20x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 93.480 | +0.086% | $493K | $2.6M | 20x | as long as short |
| Bluefin HYPE-PERP | +0.0100% | 1h | 93.384 | −0.017% | $76K | $168K | 20x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 93.539 | +0.149% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 93.403 | +0.003% | $2.0M | $2.0M | 10x | as long as short |
| Phemex HYPEUSDT | +0.0100% | 8h | 93.380 | −0.021% | $12.7M | $2.6M | 50x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 93.513 | +0.121% | — | $454K | 5x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 93.358 | −0.045% | $18.3M | $41.4M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0104% | 1h | 93.450 | +0.054% | $398K | $318K | 20x | as long as short |
| Kalshi KXHYPEPERP | +0.0112% | 8h | 93.560 | +0.171% | $1.9M | $5.3M | 2.3x | as long as short |
| edgeX HYPEUSDC | +0.0118% | 4h | 93.534 | +0.144% | $5.1M | $29.7M | 30x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0208% | 1h | 93.500 | +0.107% | $4.9M | $5.7M | 50x | as long as short |
| Reya HYPERUSDPERP | +0.0246% | 1h | 93.435 | +0.038% | $78K | $158K | 15x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0253% | 1h | 93.520 | +0.128% | $7.4M | $4.6M | 50x | as long as short |
| Injective HYPE/USDC PERPlong | +0.0285% | 1h | 93.400 | long leg | $30K | $291K | 12x | |
| HTX HYPE-USDT | +0.0295% | 4h | 93.650 | +0.268% | $1.5M | $7.6M | 75x | as long as short |
| BloFin HYPE-USDT | +0.0340% | 4h | 93.405 | +0.005% | $17.1M | $12.4M | 75x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0346% / S −0.0171% | 1h | 93.454 | +0.058% | $1.5M | — | 100x | as long as short |
| RISEx HYPE/USDC | +0.0467% | 1h | 93.523 | +0.132% | $2.8M | $6.8M | 20x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0573% | 1h | 93.511 | +0.119% | $19.1M | $26.1M | 50x | as long as short |
Aster HYPEUSDT
Gate HYPE_USDT
Bybit HYPEUSDT
Popdex HYPEUSDT
Orderly PERP_HYPE_USDC
Phoenix HYPE
Lighter HYPE
Lighter RH HYPE
Paradex HYPE-USD-PERP
Katana Perps HYPE-USD
Nado HYPE-PERP
Hyperliquid HYPE
Pacifica HYPE
Binance HYPEUSDT
OKX HYPE-USDT-SWAP
Arcus HYPE-USD
Bulk HYPE-USD
MEXC HYPE_USDT
KuCoin HYPEUSDTM
BingX HYPE-USDT
Backpack HYPE_USDC_PERP
Variational Omni HYPE
GRVT HYPE_USDT_Perp
ApeX Omni HYPEUSDT
StandX HYPE-USD
Polymarket Perps HYPE-USD
Bluefin HYPE-PERP
SunX HYPE-USDT
SoDEX HYPE-USD
Phemex HYPEUSDT
Vest HYPE-PERP
Extended HYPE-USD
Aevo HYPE-PERP
Kalshi KXHYPEPERP
edgeX HYPEUSDC
Coinbase International HYPE-PERP-INTX
Reya HYPERUSDPERP
Deribit HYPE_USDC-PERPETUAL
HTX HYPE-USDT
BloFin HYPE-USDT
GMX HYPE/USD [WBTC.b-USDC]
RISEx HYPE/USDC
Kraken Futures PF_HYPEUSD