HYPE

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0208%/8h= −22.8% APRnext payment −$0.26 per $10,000 · paid last 24h −0.023%

Price spread now: Aftermath Perps against Lighter RH+0.308%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Lighter RH Short on Aftermath Perps

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropLighter RH: Points live · farm boardneeds both histories

The price spread pays, funding is against you. Aftermath Perps is 0.308% dearer against Lighter RH than usual: you sell high and buy low (spread +0.308% now, against zero (this spread has no 7-day history yet)): +$31 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 4.9 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter RH HYPE	92.362	0.0096	pay 0.0012% / 1h	49m 33s	$3.1M	$11.6M	20x
Short	Aftermath Perps HYPEUSD	92.647	−0.0112	pay 0.0014% / 1h	49m 33s	$22K	$21K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aftermath Perps against Lighter RH. 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

Position, each leg$Hold fordaysFee Lighter RHbpFee Aftermath PerpsbpOrdersPrice spread, now +0.308%Rate

Funding earned: −$43.75
Price spread: +0.308% → 0.000%: $30.82
Slippage, 4 orders: no order book: not counted
Fee Lighter RH: 0 bp × 2 orders: $0
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Net: −$21.93
Costs to cover: 0.090%
Break-even: from the start

Slippage unknown: Lighter RH: live order book, 4 min ago; Aftermath Perps: no order-book sample. 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 Lighter RH live order book, 4 min ago	1.02 bp	1.8 bp −$2	3.3 bp −$33	28.5 bp −$2,853	doesn't fit
Sell Aftermath Perps no order-book sample	—	—	—	—	—

Aftermath Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Arcus HYPE-USD	−0.0948%	1h	92.216	−0.158%	$1.2M	$3.8M	10x	as long as short
Hibachi HYPE/USDT-P	−0.0728%	1h	92.519	+0.170%	$194K	$227K	7x	as long as short
Aftermath Perps HYPEUSDshort	−0.0112%	1h	92.647	+0.308%	$22K	$21K	10x
01 Exchange HYPEUSD	−0.0112%	1h	92.316	−0.050%	$85K	$352K	20x	as long as short
Hotstuff HYPE-PERP	−0.0080%	1h	92.501	+0.150%	$3K	$331	25x	as long as short
Orderly PERP_HYPE_USDC	−0.0067%	4h	92.385	+0.025%	$157K	$663K	20x	as long as short
Bullet HYPE-USD	−0.0053%	1h	92.394	+0.035%	$110K	$579K	20x	as long as short
Ondo Perps HYPE-USD.P	−0.0046%	1h	92.280	−0.089%	$699K	$1.1M	10x	as long as short
Aster HYPEUSDT	−0.0005%	4h	92.324	−0.041%	$8.7M	$36.2M	300x	as long as short
dYdX HYPE-USD	0.0000%	1h	92.417	+0.060%	$127K	$31K	5x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Perpl HYPE	0.0000%	43m	92.413	+0.055%	$23K	$309K	10x	as long as short
gTrade (Gains Network) HYPE/USD	L +0.0002% / S −0.0002%	1h	92.436	+0.080%	$61K	—	150x	as long as short
Derive HYPE-PERP	+0.0020%	1h	92.367	+0.006%	$16.0M	$7.5M	10x	as long as short
BingX HYPE-USDT	+0.0032%	4h	92.335	−0.029%	—	$53.2M	—	as long as short
Bybit HYPEUSDT	+0.0037%	8h	92.310	−0.056%	$316.7M	$279.5M	75x	as long as short
Phemex HYPEUSDT	+0.0038%	8h	92.433	+0.077%	$12.5M	$2.7M	50x	as long as short
Phoenix HYPE	+0.0043%	1h	92.430	+0.074%	$210K	$1.2M	10x	as long as short
Gate HYPE_USDT	+0.0048%	4h	92.330	−0.035%	$44.3M	$54.6M	75x	as long as short
OKX HYPE-USDT-SWAP	+0.0075%	8h	92.320	−0.045%	$112.8M	$300.2M	50x	as long as short
MEXC HYPE_USDT	+0.0078%	4h	92.334	−0.030%	$87.4M	$80.2M	100x	as long as short
Binance HYPEUSDT	+0.0079%	4h	92.328	−0.037%	$371.2M	$893.5M	75x	as long as short
Popdex HYPEUSDT	+0.0080%	1h	92.347	−0.016%	$67K	$1.2M	50x	as long as short
Paradex HYPE-USD-PERP	+0.0092%	8h	92.363	+0.001%	$337K	$162K	20x	as long as short
Lighter HYPE	+0.0096%	1h	92.355	−0.008%	$16.0M	$62.1M	20x	as long as short
Lighter RH HYPElong	+0.0096%	1h	92.362	long leg	$3.1M	$11.6M	20x
Katana Perps HYPE-USD	+0.0100%	8h	92.320	−0.045%	$13K	$1.6M	10x	as long as short
Nado HYPE-PERP	+0.0100%	1h	92.302	−0.064%	$5.8M	$43.1M	10x	as long as short
Hyperliquid HYPE	+0.0100%	1h	92.391	+0.031%	$2.01B	$660.5M	10x	as long as short
Pacifica HYPE	+0.0100%	1h	92.375	+0.014%	$10.0M	$15.0M	20x	as long as short
Bulk HYPE-USD	+0.0100%	1h	92.800	+0.474%	$202K	$13K	10x	as long as short
KuCoin HYPEUSDTM	+0.0100%	4h	92.332	−0.032%	$45.7M	$18.3M	75x	as long as short
Bitget HYPEUSDT	+0.0100%	4h	92.310	−0.056%	$223.4M	$97.7M	75x	as long as short
Backpack HYPE_USDC_PERP	+0.0100%	1h	92.370	+0.009%	$7.4M	$10.0M	20x	as long as short
Variational Omni HYPE	+0.0100%	8h	92.469	+0.116%	$28.5M	$57.1M	—	as long as short
GRVT HYPE_USDT_Perp	+0.0100%	4h	92.799	+0.473%	$7.5M	$45.8M	10x	as long as short
ApeX Omni HYPEUSDT	+0.0100%	1h	92.488	+0.136%	$338K	$1.0M	50x	as long as short
StandX HYPE-USD	+0.0100%	1h	92.443	+0.088%	$663K	$2.7M	20x	as long as short
Vest HYPE-PERP	+0.0100%	1h	92.383	+0.022%	—	$243K	5x	as long as short
Polymarket Perps HYPE-USD	+0.0100%	1h	92.356	−0.006%	$466K	$2.6M	20x	as long as short
SunX HYPE-USDT	+0.0100%	4h	92.463	+0.109%	$32K	$1.6M	20x	as long as short
SoDEX HYPE-USD	+0.0100%	1h	92.406	+0.048%	$2.0M	$2.0M	10x	as long as short
HTX HYPE-USDT	+0.0100%	4h	92.600	+0.258%	$1.4M	$6.2M	75x	as long as short
edgeX HYPEUSDC	+0.0103%	4h	92.776	+0.448%	$5.1M	$29.2M	30x	as long as short
Extended HYPE-USD	+0.0104%	1h	92.290	−0.078%	$18.1M	$43.4M	50x	as long as short
Aevo HYPE-PERP	+0.0104%	1h	92.434	+0.078%	$391K	$164K	20x	as long as short
Injective HYPE/USDC PERP	+0.0150%	1h	92.430	+0.074%	$30K	$339K	12x	as long as short
Coinbase International HYPE-PERP-INTX	+0.0160%	1h	92.480	+0.128%	$4.7M	$5.5M	50x	as long as short
Reya HYPERUSDPERP	+0.0260%	1h	92.299	−0.068%	$78K	$140K	15x	as long as short
Kalshi KXHYPEPERP	+0.0262%	8h	92.513	+0.163%	$1.8M	$5.4M	2.3x	as long as short
BloFin HYPE-USDT	+0.0317%	4h	92.544	+0.197%	$16.8M	$11.5M	75x	as long as short
GMX HYPE/USD [WBTC.b-USDC]	L +0.0329% / S −0.0153%	1h	92.424	+0.068%	$1.4M	—	100x	as long as short
Kraken Futures PF_HYPEUSD	+0.0333%	1h	92.439	+0.083%	$20.5M	$30.4M	50x	as long as short
Deribit HYPE_USDC-PERPETUAL	+0.0464%	1h	92.500	+0.149%	$7.5M	$4.4M	50x	as long as short
RISEx HYPE/USDC	+0.0687%	1h	92.395	+0.036%	$3.1M	$6.4M	20x	as long as short
Bluefin HYPE-PERP	+0.1078%	1h	92.386	+0.026%	$78K	$169K	20x	as long as short