Funding you earn now, next payment 00:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.00 per $10,000 · paid last 24h −0.060%
Price spread now: Bulk against Injective−0.307%7-day average −0.137% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.723%−$72 on $10k
+Price spread, last 3 days (all we have)+0.446%+$45 · spread now −0.307%, 7d avg −0.137%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bulk is 0.170% cheaper against Injective than usual: you would sell low and buy high, −$17 on $10k if it goes back to its 7-day average of −0.137%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective HYPE/USDC PERP | 94.410 | 0.0104 | pay 0.0013% / 1h | 31m 54s | $31K | $338K | 12x |
| Short | Bulk HYPE-USD | 94.120 | 0.0100 | get 0.0013% / 1h | 31m 54s | $205K | $7K | 10x |
Injective HYPE/USDC PERP
Bulk HYPE-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bulk 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
- −$0.75
- Price spread: −0.307% → −0.137%
- −$17.03
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Bulk: 3.5 bp × 2 orders
- −$7
- Net
- −$24.8
- Costs to cover
- 0.070%
- Break-even
- never at this rate
Slippage unknown: Injective: live order book, 47 min ago; Bulk: live order book, 47 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, 47 min ago | 9.65 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Bulk live order book, 47 min ago | 0.54 bp | 4.0 bp −$4 | 6.5 bp −$65 | 14.7 bp −$1,471 | 41.1 bp −$20.6K |
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 | −0.0776% | 1h | 93.755 | −0.694% | $198K | $230K | 7x | as long as short |
| Aftermath Perps HYPEUSD | −0.0363% | 1h | 93.966 | −0.471% | $22K | $22K | 10x | as long as short |
| Arcus HYPE-USD | −0.0233% | 1h | 93.606 | −0.852% | $1.2M | $3.8M | 10x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 93.743 | −0.706% | $3K | $331 | 25x | as long as short |
| Ondo Perps HYPE-USD.P | −0.0042% | 1h | 93.640 | −0.816% | $704K | $910K | 10x | as long as short |
| 01 Exchange HYPEUSD | −0.0024% | 1h | 93.671 | −0.783% | $87K | $366K | 20x | as long as short |
| Derive HYPE-PERP | −0.0020% | 1h | 93.663 | −0.792% | $16.4M | $7.1M | 10x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 93.677 | −0.776% | $127K | $30K | 5x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 93.702 | −0.750% | $23K | $328K | 10x | as long as short |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0003% | 1h | 93.770 | −0.678% | $26K | — | 150x | as long as short |
Hibachi HYPE/USDT-P
Aftermath Perps HYPEUSD
Arcus HYPE-USD
Hotstuff HYPE-PERP
Ondo Perps HYPE-USD.P
01 Exchange HYPEUSD
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 | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_HYPE_USDC | +0.0003% | 4h | 93.733 | −0.717% | $163K | $578K | 20x | as long as short |
| Phoenix HYPE | +0.0009% | 1h | 94.133 | −0.293% | $215K | $1.2M | 10x | as long as short |
| Bybit HYPEUSDT | +0.0019% | 8h | 93.540 | −0.922% | $321.6M | $283.0M | 75x | as long as short |
| Aster HYPEUSDT | +0.0025% | 4h | 93.663 | −0.791% | $8.9M | $36.0M | 300x | as long as short |
| Binance HYPEUSDT | +0.0059% | 4h | 93.656 | −0.799% | $383.2M | $894.8M | 75x | as long as short |
| MEXC HYPE_USDT | +0.0062% | 4h | 93.660 | −0.794% | $87.2M | $81.6M | 100x | as long as short |
| Phemex HYPEUSDT | +0.0067% | 8h | 93.736 | −0.714% | $12.8M | $2.6M | 50x | as long as short |
| Gate HYPE_USDT | +0.0080% | 4h | 93.640 | −0.816% | $44.5M | $59.1M | 75x | as long as short |
| edgeX HYPEUSDC | +0.0081% | 4h | 94.027 | −0.406% | $5.1M | $29.8M | 30x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 93.772 | −0.676% | $18.9M | $59.9M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 93.753 | −0.696% | $3.0M | $12.3M | 20x | as long as short |
| Popdex HYPEUSDT | +0.0096% | 1h | 93.694 | −0.758% | $63K | $1.2M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0096% | 1h | 93.697 | −0.756% | $399K | $318K | 20x | as long as short |
| Paradex HYPE-USD-PERP | +0.0099% | 8h | 93.674 | −0.779% | $340K | $171K | 20x | as long as short |
| Katana Perps HYPE-USD | +0.0100% | 8h | 93.690 | −0.763% | $43K | $1.6M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 93.694 | −0.759% | $5.7M | $44.3M | 10x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 93.723 | −0.728% | $10.1M | $14.5M | 20x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0100% | 8h | 93.535 | −0.927% | $115.4M | $319.6M | 50x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 93.662 | −0.792% | $46.5M | $18.4M | 75x | as long as short |
| Bitget HYPEUSDT | +0.0100% | 4h | 93.570 | −0.890% | $226.5M | $102.9M | 75x | as long as short |
| BingX HYPE-USDT | +0.0100% | 4h | 93.639 | −0.817% | — | $54.1M | — | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 93.752 | −0.697% | $7.8M | $10.5M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 93.974 | −0.462% | $31.3M | $54.0M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 94.053 | −0.378% | $7.6M | $45.0M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 93.935 | −0.503% | $341K | $1.1M | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 93.862 | −0.580% | $679K | $2.5M | 20x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 93.749 | −0.700% | — | $454K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 93.712 | −0.739% | $491K | $2.5M | 20x | as long as short |
| Bullet HYPE-USD | +0.0100% | 1h | 93.709 | −0.743% | $112K | $578K | 20x | as long as short |
| Bluefin HYPE-PERP | +0.0100% | 1h | 93.737 | −0.713% | $76K | $170K | 20x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 93.763 | −0.685% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 93.718 | −0.733% | $2.0M | $2.0M | 10x | as long as short |
| Bulk HYPE-USDshort | +0.0100% | 1h | 94.120 | −0.307% | $205K | $7K | 10x | |
| Injective HYPE/USDC PERPlong | +0.0104% | 1h | 94.410 | long leg | $31K | $338K | 12x | |
| Extended HYPE-USD | +0.0104% | 1h | 93.614 | −0.843% | $18.5M | $42.7M | 50x | as long as short |
| Kalshi KXHYPEPERP | +0.0133% | 8h | 93.734 | −0.716% | $1.9M | $5.0M | 2.3x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0152% | 1h | 93.750 | −0.699% | $4.9M | $5.7M | 50x | as long as short |
| HTX HYPE-USDT | +0.0219% | 4h | 93.850 | −0.593% | $1.5M | $7.8M | 75x | as long as short |
| Reya HYPERUSDPERP | +0.0249% | 1h | 93.689 | −0.764% | $77K | $142K | 15x | as long as short |
| BloFin HYPE-USDT | +0.0255% | 4h | 93.716 | −0.735% | $17.0M | $12.6M | 75x | as long as short |
| RISEx HYPE/USDC | +0.0284% | 1h | 93.747 | −0.702% | $2.8M | $6.9M | 20x | as long as short |
| Hyperliquid HYPE | +0.0314% | 1h | 93.704 | −0.748% | $2.04B | $675.8M | 10x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0337% / S −0.0163% | 1h | 93.755 | −0.694% | $1.4M | — | 100x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0347% | 1h | 93.821 | −0.624% | $7.4M | $4.6M | 50x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0578% | 1h | 93.811 | −0.635% | $20.9M | $29.3M | 50x | as long as short |
Orderly PERP_HYPE_USDC
Phoenix HYPE
Bybit HYPEUSDT
Aster HYPEUSDT
Binance HYPEUSDT
MEXC HYPE_USDT
Phemex HYPEUSDT
Gate HYPE_USDT
edgeX HYPEUSDC
Lighter HYPE
Lighter RH HYPE
Popdex HYPEUSDT
Aevo HYPE-PERP
Paradex HYPE-USD-PERP
Katana Perps HYPE-USD
Nado HYPE-PERP
Pacifica HYPE
OKX HYPE-USDT-SWAP
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
Bullet HYPE-USD
Bluefin HYPE-PERP
SunX HYPE-USDT
SoDEX HYPE-USD
Extended HYPE-USD
Kalshi KXHYPEPERP
Coinbase International HYPE-PERP-INTX
HTX HYPE-USDT
Reya HYPERUSDPERP
BloFin HYPE-USDT
RISEx HYPE/USDC
Hyperliquid HYPE
GMX HYPE/USD [WBTC.b-USDC]
Deribit HYPE_USDC-PERPETUAL
Kraken Futures PF_HYPEUSD