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 −0.055%
Price spread now: Extended against Injective+0.168%100s7-day average −0.225% · 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−2.288%−$229 on $10k
Price spread, last 3 days (all we have)−0.117%−$12 · spread now +0.168%, 7d avg −0.225%
Together, before fees−2.405%+ Points / potential airdropExtended: Active · farm board−$241 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Extended is 0.393% dearer against Injective than usual: you sell high and buy low (spread +0.168% now, against its 7-day average of −0.225%): +$39 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 7.2 days. At the pace of the last 7 days (−2.288% in total) that is about 29 hours. The two prices were read 100 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective HYPE/USDC PERP93.2300.0285pay 0.0036% / 1h49m 27s$30K$231K12x
ShortExtended HYPE-USD93.3860.0104get 0.0013% / 1h49m 27s$18.4M$41.0M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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: +0.168% → −0.225%
$39.28
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$3.68
Costs to cover
0.050%
Break-even
from the start
Slippage unknown: Injective: live order book, 39 min ago; Extended: live order book, 5 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, 39 min ago36.79 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Extended live order book, 5 min ago0.05 bp2.6 bp −$35.2 bp −$5225.6 bp −$2,562doesn'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−0.1280%1h93.248+0.020%$197K$233K7xas long as short
Ondo Perps HYPE-USD.P−0.0186%1h93.210−0.021%$700K$943K10xas long as short
Aftermath Perps HYPEUSD−0.0136%1h93.337+0.115%$22K$22K10xas long as short
01 Exchange HYPEUSD−0.0080%1h93.419+0.203%$89K$344K20xas long as short
Hotstuff HYPE-PERP−0.0080%1h93.380+0.161%$3K$33125xas long as short
Bullet HYPE-USD−0.0034%1h93.332+0.109%$113K$583K20xas long as short
dYdX HYPE-USD0.0000%1h93.407+0.190%$127K$33K5xas long as short
Kalshi KXHYPEPERP0.0000%8h93.446+0.232%$1.9M$5.4M2.3xas long as short
Perpl HYPE0.0000%43m93.441+0.226%$23K$343K10xas long as short
gTrade (Gains Network) HYPE/USDL +0.0002% / S −0.0001%1h93.398+0.180%$20K150xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster HYPEUSDT+0.0010%4h93.429+0.213%$8.9M$36.3M300xas long as short
Derive HYPE-PERP+0.0017%1h93.309+0.085%$16.4M$7.1M10xas long as short
Gate HYPE_USDT+0.0018%4h93.418+0.202%$44.2M$56.2M75xas long as short
Bybit HYPEUSDT+0.0041%8h93.390+0.172%$325.6M$288.3M75xas long as short
Phoenix HYPE+0.0068%1h93.408+0.191%$216K$1.2M10xas long as short
Orderly PERP_HYPE_USDC+0.0076%4h93.370+0.150%$180K$536K20xas long as short
ApeX Omni HYPEUSDT+0.0092%1h93.318+0.094%$405K$1.1M50xas long as short
Lighter HYPE+0.0096%1h93.443+0.228%$18.5M$59.2M20xas long as short
Lighter RH HYPE+0.0096%1h93.467+0.254%$3.1M$12.3M20xas long as short
Popdex HYPEUSDT+0.0096%1h93.399+0.181%$56K$1.2M50xas long as short
Katana Perps HYPE-USD+0.0100%8h93.420+0.204%$40K$1.7M10xas long as short
Nado HYPE-PERP+0.0100%1h93.398+0.181%$6.0M$44.4M10xas long as short
Hyperliquid HYPE+0.0100%1h93.462+0.249%$2.03B$668.9M10xas long as short
Pacifica HYPE+0.0100%1h93.432+0.217%$10.0M$14.5M20xas long as short
Binance HYPEUSDT+0.0100%4h93.419+0.203%$386.3M$890.0M75xas long as short
OKX HYPE-USDT-SWAP+0.0100%8h93.392+0.174%$114.8M$316.4M50xas long as short
Arcus HYPE-USD+0.0100%1h93.383+0.164%$1.2M$4.0M10xas long as short
Bulk HYPE-USD+0.0100%1h93.335+0.113%$204K$12K10xas long as short
MEXC HYPE_USDT+0.0100%4h93.391+0.173%$92.5M$81.7M100xas long as short
KuCoin HYPEUSDTM+0.0100%4h93.409+0.192%$46.3M$19.4M75xas long as short
Bitget HYPEUSDT+0.0100%4h93.404+0.187%$226.9M$102.0M75xas long as short
BingX HYPE-USDT+0.0100%4h93.399+0.181%$54.5Mas long as short
Backpack HYPE_USDC_PERP+0.0100%1h93.384+0.165%$7.9M$11.7M20xas long as short
Variational Omni HYPE+0.0100%8h93.295+0.070%$28.8M$49.8Mas long as short
GRVT HYPE_USDT_Perp+0.0100%4h93.336+0.114%$7.5M$46.2M10xas long as short
StandX HYPE-USD+0.0100%1h93.344+0.122%$675K$2.4M20xas long as short
Vest HYPE-PERP+0.0100%1h93.438+0.223%$454K5xas long as short
Polymarket Perps HYPE-USD+0.0100%1h93.428+0.212%$493K$2.6M20xas long as short
Bluefin HYPE-PERP+0.0100%1h93.366+0.146%$76K$169K20xas long as short
SunX HYPE-USDT+0.0100%4h93.389+0.171%$32K$1.6M20xas long as short
SoDEX HYPE-USD+0.0100%1h93.342+0.120%$2.0M$2.0M10xas long as short
Phemex HYPEUSDT+0.0100%8h93.346+0.124%$12.7M$2.6M50xas long as short
Paradex HYPE-USD-PERP+0.0100%8h93.427+0.212%$339K$171K20xas long as short
Extended HYPE-USDshort+0.0104%1h93.386+0.168%$18.4M$41.0M50x
Aevo HYPE-PERP+0.0104%1h93.361+0.141%$397K$318K20xas long as short
edgeX HYPEUSDC+0.0113%4h93.276+0.049%$5.1M$29.5M30xas long as short
Coinbase International HYPE-PERP-INTX+0.0208%1h93.420+0.204%$4.9M$5.7M50xas long as short
Reya HYPERUSDPERP+0.0245%1h93.392+0.174%$77K$157K15xas long as short
Injective HYPE/USDC PERPlong+0.0285%1h93.230long leg$30K$231K12x
Deribit HYPE_USDC-PERPETUAL+0.0285%1h93.449+0.235%$7.4M$4.6M50xas long as short
GMX HYPE/USD [WBTC.b-USDC]L +0.0339% / S −0.0165%1h93.390+0.171%$1.4M100xas long as short
BloFin HYPE-USDT+0.0340%4h93.295+0.070%$17.1M$12.5M75xas long as short
HTX HYPE-USDT+0.0403%4h93.550+0.343%$1.5M$7.6M75xas long as short
RISEx HYPE/USDC+0.0467%1h93.466+0.253%$2.7M$6.8M20xas long as short
Kraken Futures PF_HYPEUSD+0.0574%1h93.446+0.232%$19.2M$25.8M50xas long as short