Funding you earn now, next payment 08:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.017%
Price spread now: Aster against Lighter RH0.000%7-day average −0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$12as in the Funding arb table
Net, price: spread back to 7d avg − costs−$13as in the Price arb table
costs, in and out, $10k−$130.132% of the position
Funding, last 7 days+0.017%+$2 on $10k
+Price spread, last 7 days+0.033%+$3 · spread now 0.000%, 7d avg −0.006%
=Together, before fees+0.049%+ Points / potential airdropLighter RH: Points live · Aster: Stage 5 · farm board+$5 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH HYPE | 94.502 | 0.0096 | pay 0.0012% / 1h | 46m 47s | $3.2M | $10.7M | 20x |
| Short | Aster HYPEUSDT | 94.502 | 0.0100 | get 0.0050% / 4h | 46m 47s | $8.8M | $37.3M | 300x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Aster 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0.84
- Price spread: 0.000% → −0.006%
- $0.65
- Slippage, 4 orders
- −$5.18
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$11.69
- Costs to cover
- 0.132%
- Break-even
- 104.4 days
Slippage from Lighter RH: live order book, 2 min ago; Aster: live order book, 2 min ago.
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, 2 min ago | 1.22 bp | 1.3 bp −$1 | 3.0 bp −$30 | 21.6 bp −$2,162 | doesn't fit |
| Sell Aster live order book, 2 min ago | 0.21 bp | 5.2 bp −$5 | 5.8 bp −$58 | 12.6 bp −$1,259 | 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 | −0.1280% | 1h | 94.261 | −0.255% | $201K | $250K | 7x | as long as short |
| Bluefin HYPE-PERP | −0.0333% | 1h | 94.456 | −0.049% | $80K | $154K | 20x | as long as short |
| Aftermath Perps HYPEUSD | −0.0136% | 1h | 94.416 | −0.091% | $22K | $21K | 10x | as long as short |
| Bullet HYPE-USD | −0.0136% | 1h | 94.491 | −0.012% | $112K | $575K | 20x | as long as short |
| Ondo Perps HYPE-USD.P | −0.0120% | 1h | 94.480 | −0.023% | $711K | $1.2M | 10x | as long as short |
| 01 Exchange HYPEUSD | −0.0104% | 1h | 94.543 | +0.043% | $87K | $366K | 20x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 94.525 | +0.024% | $3K | $331 | 25x | as long as short |
| Arcus HYPE-USD | −0.0045% | 1h | 94.518 | +0.017% | $1.0M | $3.6M | 10x | as long as short |
| Bybit HYPEUSDT | −0.0013% | 8h | 94.470 | −0.034% | $317.7M | $289.5M | 75x | as long as short |
| Derive HYPE-PERP | −0.0001% | 1h | 94.439 | −0.067% | $16.5M | $7.5M | 10x | as long as short |
Show all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX HYPE-USD | 0.0000% | 1h | 94.507 | +0.005% | $130K | $94K | 5x | as long as short |
| Kalshi KXHYPEPERP | 0.0000% | 8h | 94.580 | +0.083% | $1.9M | $5.6M | 2.3x | as long as short |
| Phoenix HYPE | 0.0000% | 1h | 94.533 | +0.033% | $209K | $1.1M | 10x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 94.537 | +0.037% | $19K | $287K | 10x | as long as short |
| Orderly PERP_HYPE_USDC | 0.0000% | 4h | 94.485 | −0.018% | $147K | $685K | 20x | as long as short |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0001% | 1h | 94.516 | +0.015% | $84K | — | 150x | as long as short |
| Bitget HYPEUSDT | +0.0038% | 4h | 94.504 | +0.002% | $227.2M | $100.2M | 75x | as long as short |
| Phemex HYPEUSDT | +0.0041% | 8h | 94.463 | −0.041% | $12.9M | $2.9M | 50x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0057% | 1h | 94.573 | +0.075% | $7.4M | $4.3M | 50x | as long as short |
| Paradex HYPE-USD-PERP | +0.0060% | 8h | 94.560 | +0.062% | $338K | $156K | 20x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0064% | 1h | 94.560 | +0.061% | $4.7M | $6.2M | 50x | as long as short |
| edgeX HYPEUSDC | +0.0084% | 4h | 94.405 | −0.103% | $5.0M | $30.7M | 30x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0085% | 8h | 94.493 | −0.010% | $117.8M | $324.8M | 50x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 94.498 | −0.004% | $16.3M | $63.9M | 20x | as long as short |
| Lighter RH HYPElong | +0.0096% | 1h | 94.502 | long leg | $3.2M | $10.7M | 20x | |
| Popdex HYPEUSDT | +0.0096% | 1h | 94.523 | +0.022% | $82K | $1.2M | 50x | as long as short |
| Katana Perps HYPE-USD | +0.0100% | 8h | 94.510 | +0.008% | $29K | $1.7M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 94.532 | +0.032% | $7.1M | $52.0M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 94.611 | +0.115% | $2.08B | $689.6M | 10x | as long as short |
| Aster HYPEUSDTshort | +0.0100% | 4h | 94.502 | 0.000% | $8.8M | $37.3M | 300x | |
| Pacifica HYPE | +0.0100% | 1h | 94.557 | +0.058% | $10.2M | $15.3M | 20x | as long as short |
| Binance HYPEUSDT | +0.0100% | 4h | 94.503 | +0.001% | $378.6M | $934.4M | 75x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 94.332 | −0.180% | $218K | $12K | 10x | as long as short |
| Gate HYPE_USDT | +0.0100% | 4h | 94.479 | −0.024% | $49.6M | $56.3M | 75x | as long as short |
| MEXC HYPE_USDT | +0.0100% | 4h | 94.484 | −0.019% | $90.5M | $82.5M | 100x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 94.488 | −0.015% | $47.2M | $18.6M | 75x | as long as short |
| BingX HYPE-USDT | +0.0100% | 4h | 94.480 | −0.023% | — | $53.6M | — | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 94.469 | −0.035% | $7.6M | $10.6M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 94.347 | −0.164% | $29.3M | $54.9M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 94.421 | −0.086% | $7.6M | $46.1M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 94.435 | −0.071% | $363K | $1.0M | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 94.521 | +0.020% | $683K | $2.7M | 20x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 94.584 | +0.086% | — | $243K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 94.541 | +0.041% | $496K | $2.8M | 20x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 94.589 | +0.092% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 94.493 | −0.010% | $2.1M | $1.9M | 10x | as long as short |
| HTX HYPE-USDT | +0.0100% | 4h | 94.650 | +0.157% | $1.4M | $6.8M | 75x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 94.460 | −0.045% | $18.3M | $43.3M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0104% | 1h | 94.482 | −0.021% | $399K | $159K | 20x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0151% / S +0.0021% | 1h | 94.546 | +0.046% | $1.4M | — | 100x | as long as short |
| Injective HYPE/USDC PERP | +0.0185% | 1h | 94.500 | −0.002% | $31K | $339K | 12x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0223% | 1h | 94.538 | +0.038% | $20.3M | $30.2M | 50x | as long as short |
| RISEx HYPE/USDC | +0.0249% | 1h | 94.548 | +0.049% | $3.2M | $6.4M | 20x | as long as short |
| Reya HYPERUSDPERP | +0.0272% | 1h | 94.482 | −0.021% | $84K | $124K | 15x | as long as short |
| BloFin HYPE-USDT | +0.0340% | 4h | 94.486 | −0.017% | $17.1M | $12.4M | 75x | as long as short |
Lighter RH HYPE
Aster HYPEUSDT
Bluefin HYPE-PERP
Aftermath Perps HYPEUSD
Bullet HYPE-USD
01 Exchange HYPEUSD
Bybit HYPEUSDT
Derive HYPE-PERP
Kalshi KXHYPEPERP
Phoenix HYPE
gTrade (Gains Network) HYPE/USD
Bitget HYPEUSDT
Phemex HYPEUSDT
Deribit HYPE_USDC-PERPETUAL
Paradex HYPE-USD-PERP
Coinbase International HYPE-PERP-INTX
edgeX HYPEUSDC
OKX HYPE-USDT-SWAP
Lighter HYPE
Popdex HYPEUSDT
Katana Perps HYPE-USD
Hyperliquid HYPE
Pacifica HYPE
Binance HYPEUSDT
Bulk HYPE-USD
Gate HYPE_USDT
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
SunX HYPE-USDT
SoDEX HYPE-USD
HTX HYPE-USDT
Extended HYPE-USD
GMX HYPE/USD [WBTC.b-USDC]
Injective HYPE/USDC PERP
Kraken Futures PF_HYPEUSD
RISEx HYPE/USDC
BloFin HYPE-USDT