Funding you earn now, next payment 06:00 UTC−0.0026%/8h= −2.8% APRnext payment −$0.03 per $10,000 · paid last 24h −0.065%
Price spread now: Lighter RH against Injective+0.193%7-day average −0.142% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−2.269%−$227 on $10k
+Price spread, last 4 days (all we have)−0.060%−$6 · spread now +0.193%, 7d avg −0.142%
=Together, before fees−2.329%+ Points / potential airdropLighter RH: Points live · farm board−$233 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Lighter RH is 0.334% dearer against Injective than usual: you sell high and buy low (spread +0.193% now, against its 7-day average of −0.142%): +$33 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 43 days. At the pace of the last 7 days (−2.269% 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 | 93.410 | 0.0122 | pay 0.0015% / 1h | 56m 24s | $30K | $339K | 12x |
| Short | Lighter RH HYPE | 93.590 | 0.0096 | get 0.0012% / 1h | 56m 24s | $3.1M | $11.4M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH 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
- −$5.45
- Price spread: +0.193% → −0.142%
- $33.44
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- $27.97
- Costs to cover
- 0.000%
- Break-even
- from the start
Slippage unknown: Injective: live order book, 58 min ago; Lighter RH: live order book, 2 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, 58 min ago | 12.37 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter RH live order book, 2 min ago | 0.86 bp | 1.7 bp −$2 | 3.0 bp −$30 | 26.1 bp −$2,614 | 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 | −0.1896% | 1h | 93.498 | +0.094% | $197K | $232K | 7x | as long as short |
| Aftermath Perps HYPEUSD | −0.0364% | 1h | 93.451 | +0.043% | $22K | $21K | 10x | as long as short |
| Bullet HYPE-USD | −0.0131% | 1h | 93.513 | +0.110% | $112K | $578K | 20x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 93.476 | +0.071% | $3K | $331 | 25x | as long as short |
| Orderly PERP_HYPE_USDC | −0.0037% | 4h | 93.554 | +0.154% | $146K | $663K | 20x | as long as short |
| 01 Exchange HYPEUSD | −0.0032% | 1h | 93.535 | +0.134% | $88K | $366K | 20x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 93.608 | +0.212% | $128K | $29K | 5x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 93.556 | +0.156% | $22K | $290K | 10x | as long as short |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0002% | 1h | 93.576 | +0.177% | $62K | — | 150x | as long as short |
| Arcus HYPE-USD | +0.0011% | 1h | 93.514 | +0.111% | $1.0M | $3.9M | 10x | as long as short |
Show all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex HYPEUSDT | +0.0017% | 8h | 93.599 | +0.202% | $12.6M | $2.7M | 50x | as long as short |
| Bitget HYPEUSDT | +0.0024% | 4h | 93.564 | +0.165% | $226.4M | $99.2M | 75x | as long as short |
| Bybit HYPEUSDT | +0.0026% | 8h | 93.550 | +0.150% | $318.2M | $283.8M | 75x | as long as short |
| Phoenix HYPE | +0.0026% | 1h | 93.546 | +0.146% | $209K | $1.2M | 10x | as long as short |
| Ondo Perps HYPE-USD.P | +0.0061% | 1h | 93.560 | +0.161% | $705K | $1.2M | 10x | as long as short |
| Bluefin HYPE-PERP | +0.0092% | 1h | 93.553 | +0.153% | $79K | $167K | 20x | as long as short |
| Paradex HYPE-USD-PERP | +0.0095% | 8h | 93.581 | +0.184% | $341K | $162K | 20x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 93.594 | +0.197% | $16.1M | $62.9M | 20x | as long as short |
| Lighter RH HYPEshort | +0.0096% | 1h | 93.590 | +0.193% | $3.1M | $11.4M | 20x | |
| Popdex HYPEUSDT | +0.0096% | 1h | 93.524 | +0.122% | $77K | $1.1M | 50x | as long as short |
| edgeX HYPEUSDC | +0.0097% | 4h | 93.351 | −0.063% | $5.0M | $29.9M | 30x | as long as short |
| Gate HYPE_USDT | +0.0098% | 4h | 93.565 | +0.166% | $46.3M | $53.8M | 75x | as long as short |
| Katana Perps HYPE-USD | +0.0099% | 8h | 93.510 | +0.107% | $28K | $1.7M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 93.544 | +0.144% | $7.0M | $47.8M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 93.584 | +0.186% | $2.04B | $667.1M | 10x | as long as short |
| Aster HYPEUSDT | +0.0100% | 4h | 93.565 | +0.166% | $8.7M | $36.4M | 300x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 93.574 | +0.176% | $10.1M | $15.3M | 20x | as long as short |
| Binance HYPEUSDT | +0.0100% | 4h | 93.570 | +0.171% | $375.3M | $910.4M | 75x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0100% | 8h | 93.573 | +0.174% | $114.9M | $308.4M | 50x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 93.328 | −0.088% | $203K | $3K | 10x | as long as short |
| MEXC HYPE_USDT | +0.0100% | 4h | 93.517 | +0.115% | $92.2M | $80.0M | 100x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 93.530 | +0.128% | $46.2M | $18.6M | 75x | as long as short |
| BingX HYPE-USDT | +0.0100% | 4h | 93.556 | +0.156% | — | $53.9M | — | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 93.674 | +0.283% | $7.3M | $11.1M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 93.379 | −0.034% | $28.8M | $56.7M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 93.423 | +0.014% | $7.5M | $47.1M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 93.617 | +0.222% | $343K | $1.0M | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 93.612 | +0.216% | $669K | $2.9M | 20x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 93.585 | +0.187% | — | $243K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 93.548 | +0.148% | $490K | $2.7M | 20x | as long as short |
| Derive HYPE-PERP | +0.0100% | 1h | 93.544 | +0.143% | $16.1M | $7.5M | 10x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 93.549 | +0.149% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 93.563 | +0.164% | $2.0M | $1.9M | 10x | as long as short |
| HTX HYPE-USDT | +0.0100% | 4h | 93.800 | +0.418% | $1.4M | $6.4M | 75x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 93.539 | +0.138% | $18.1M | $43.2M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0104% | 1h | 93.566 | +0.167% | $396K | $161K | 20x | as long as short |
| Injective HYPE/USDC PERPlong | +0.0122% | 1h | 93.410 | long leg | $30K | $339K | 12x | |
| Kalshi KXHYPEPERP | +0.0141% | 8h | 93.635 | +0.241% | $1.8M | $5.6M | 2.3x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0144% | 1h | 93.720 | +0.332% | $4.8M | $5.6M | 50x | as long as short |
| Reya HYPERUSDPERP | +0.0267% | 1h | 93.508 | +0.105% | $80K | $131K | 15x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0332% / S −0.0154% | 1h | 93.558 | +0.158% | $1.4M | — | 100x | as long as short |
| BloFin HYPE-USDT | +0.0340% | 4h | 93.642 | +0.248% | $16.9M | $11.9M | 75x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0340% | 1h | 93.618 | +0.223% | $20.9M | $29.6M | 50x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0391% | 1h | 93.649 | +0.256% | $7.5M | $4.0M | 50x | as long as short |
| RISEx HYPE/USDC | +0.0527% | 1h | 93.602 | +0.206% | $3.2M | $6.3M | 20x | as long as short |
Injective HYPE/USDC PERP
Lighter RH HYPE
Aftermath Perps HYPEUSD
Bullet HYPE-USD
01 Exchange HYPEUSD
gTrade (Gains Network) HYPE/USD
Phemex HYPEUSDT
Bitget HYPEUSDT
Bybit HYPEUSDT
Phoenix HYPE
Bluefin HYPE-PERP
Paradex HYPE-USD-PERP
Lighter HYPE
Popdex HYPEUSDT
edgeX HYPEUSDC
Gate HYPE_USDT
Katana Perps HYPE-USD
Hyperliquid HYPE
Aster HYPEUSDT
Pacifica HYPE
Binance HYPEUSDT
OKX HYPE-USDT-SWAP
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
Derive HYPE-PERP
SunX HYPE-USDT
SoDEX HYPE-USD
HTX HYPE-USDT
Extended HYPE-USD
Kalshi KXHYPEPERP
Coinbase International HYPE-PERP-INTX
GMX HYPE/USD [WBTC.b-USDC]
BloFin HYPE-USDT
Kraken Futures PF_HYPEUSD
Deribit HYPE_USDC-PERPETUAL
RISEx HYPE/USDC