Funding you earn now, next payment 22:00 UTC+0.0008%/8h= +0.9% APRnext payment +$0.01 per $10,000 · paid last 24h +0.002%
Price spread now: Extended against Lighter RH−0.027%7-day average −0.024% · you buy dearer than you sell
Net, funding: paid 7d − costs$0as in the Funding arb table
Net, price: spread back to 7d avg − costs−$9as in the Price arb table
costs, in and out, $10k−$80.085% of the position
Funding, last 7 days+0.085%+$9 on $10k
+Price spread, last 7 days+0.030%+$3 · spread now −0.027%, 7d avg −0.024%
=Together, before fees+0.116%+ Points / potential airdropLighter RH: Points live · Extended: Active · farm board+$12 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 | 93.630 | 0.0096 | pay 0.0012% / 1h | 26m 54s | $3.1M | $12.3M | 20x |
| Short | Extended HYPE-USD | 93.604 | 0.0104 | get 0.0013% / 1h | 26m 54s | $18.3M | $41.1M | 50x |
Lighter RH HYPE
Extended HYPE-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $1.68
- Price spread: −0.027% → −0.024%
- −$0.36
- Slippage, 4 orders
- −$3.49
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$7.17
- Costs to cover
- 0.085%
- Break-even
- 36.9 days
Slippage from Lighter RH: live order book, 2 min ago; Extended: 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 | 1.23 bp | 1.9 bp −$2 | 4.1 bp −$41 | 27.9 bp −$2,788 | doesn't fit |
| Sell Extended live order book, 2 min ago | 0.05 bp | 2.6 bp −$3 | 3.4 bp −$34 | 22.8 bp −$2,275 | 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 | −0.1016% | 1h | 93.493 | −0.147% | $197K | $233K | 7x | as long as short |
| Aftermath Perps HYPEUSD | −0.0279% | 1h | 93.540 | −0.097% | $22K | $22K | 10x | as long as short |
| Ondo Perps HYPE-USD.P | −0.0252% | 1h | 93.510 | −0.128% | $701K | $940K | 10x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 93.557 | −0.078% | $3K | $331 | 25x | as long as short |
| 01 Exchange HYPEUSD | −0.0072% | 1h | 93.582 | −0.051% | $90K | $349K | 20x | as long as short |
| Bullet HYPE-USD | −0.0037% | 1h | 93.584 | −0.049% | $112K | $583K | 20x | as long as short |
| Derive HYPE-PERP | −0.0009% | 1h | 93.553 | −0.082% | $16.4M | $7.1M | 10x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 93.563 | −0.071% | $127K | $32K | 5x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 93.583 | −0.051% | $23K | $337K | 10x | as long as short |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0001% | 1h | 93.631 | +0.001% | $20K | — | 150x | as long as short |
Hibachi HYPE/USDT-P
Aftermath Perps HYPEUSD
Ondo Perps HYPE-USD.P
Hotstuff HYPE-PERP
01 Exchange HYPEUSD
Bullet HYPE-USD
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 | |
|---|---|---|---|---|---|---|---|---|
| Aster HYPEUSDT | +0.0019% | 4h | 93.625 | −0.005% | $9.0M | $35.8M | 300x | as long as short |
| Gate HYPE_USDT | +0.0024% | 4h | 93.612 | −0.019% | $44.0M | $56.9M | 75x | as long as short |
| Bybit HYPEUSDT | +0.0036% | 8h | 93.634 | +0.004% | $326.1M | $286.8M | 75x | as long as short |
| Orderly PERP_HYPE_USDC | +0.0067% | 4h | 93.598 | −0.034% | $175K | $535K | 20x | as long as short |
| Phoenix HYPE | +0.0068% | 1h | 93.590 | −0.043% | $216K | $1.2M | 10x | as long as short |
| Popdex HYPEUSDT | +0.0072% | 1h | 93.561 | −0.074% | $57K | $1.2M | 50x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 93.651 | +0.022% | $18.6M | $59.6M | 20x | as long as short |
| Lighter RH HYPElong | +0.0096% | 1h | 93.630 | long leg | $3.1M | $12.3M | 20x | |
| Paradex HYPE-USD-PERP | +0.0100% | 8h | 93.568 | −0.066% | $340K | $170K | 20x | as long as short |
| Katana Perps HYPE-USD | +0.0100% | 8h | 93.580 | −0.053% | $40K | $1.6M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 93.559 | −0.075% | $6.0M | $44.1M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 93.690 | +0.064% | $2.04B | $669.7M | 10x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 93.576 | −0.058% | $10.0M | $14.4M | 20x | as long as short |
| Binance HYPEUSDT | +0.0100% | 4h | 93.630 | 0.000% | $386.3M | $887.7M | 75x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0100% | 8h | 93.640 | +0.011% | $115.0M | $315.6M | 50x | as long as short |
| Arcus HYPE-USD | +0.0100% | 1h | 93.536 | −0.100% | $1.2M | $4.0M | 10x | as long as short |
| MEXC HYPE_USDT | +0.0100% | 4h | 93.610 | −0.021% | $93.6M | $82.2M | 100x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 93.629 | −0.001% | $46.5M | $18.7M | 75x | as long as short |
| Bitget HYPEUSDT | +0.0100% | 4h | 93.684 | +0.058% | $227.6M | $102.1M | 75x | as long as short |
| BingX HYPE-USDT | +0.0100% | 4h | 93.619 | −0.012% | — | $54.2M | — | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 93.644 | +0.015% | $7.9M | $11.7M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 93.541 | −0.095% | $28.9M | $49.9M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 93.580 | −0.053% | $7.5M | $45.2M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 93.558 | −0.077% | $406K | $1.0M | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 93.586 | −0.047% | $677K | $2.4M | 20x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 93.595 | −0.038% | — | $454K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 93.614 | −0.017% | $494K | $2.6M | 20x | as long as short |
| Bluefin HYPE-PERP | +0.0100% | 1h | 93.635 | +0.005% | $76K | $168K | 20x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 93.601 | −0.031% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 93.596 | −0.036% | $2.0M | $2.0M | 10x | as long as short |
| Phemex HYPEUSDT | +0.0100% | 8h | 93.601 | −0.031% | $12.8M | $2.6M | 50x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 93.556 | −0.079% | $204K | $12K | 10x | as long as short |
| Extended HYPE-USDshort | +0.0104% | 1h | 93.604 | −0.027% | $18.3M | $41.1M | 50x | |
| Aevo HYPE-PERP | +0.0104% | 1h | 93.611 | −0.021% | $398K | $318K | 20x | as long as short |
| edgeX HYPEUSDC | +0.0116% | 4h | 93.544 | −0.092% | $5.1M | $29.6M | 30x | as long as short |
| Kalshi KXHYPEPERP | +0.0127% | 8h | 93.658 | +0.030% | $1.9M | $5.3M | 2.3x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0134% | 1h | 93.693 | +0.067% | $7.4M | $4.6M | 50x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0208% | 1h | 93.640 | +0.011% | $4.9M | $5.7M | 50x | as long as short |
| Reya HYPERUSDPERP | +0.0245% | 1h | 93.563 | −0.071% | $78K | $158K | 15x | as long as short |
| Injective HYPE/USDC PERP | +0.0285% | 1h | 93.500 | −0.139% | $30K | $291K | 12x | as long as short |
| HTX HYPE-USDT | +0.0318% | 4h | 93.707 | +0.082% | $1.5M | $7.6M | 75x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0338% / S −0.0164% | 1h | 93.624 | −0.007% | $1.4M | — | 100x | as long as short |
| BloFin HYPE-USDT | +0.0340% | 4h | 93.597 | −0.035% | $17.1M | $12.5M | 75x | as long as short |
| RISEx HYPE/USDC | +0.0467% | 1h | 93.629 | −0.002% | $2.7M | $6.8M | 20x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0572% | 1h | 93.707 | +0.082% | $19.2M | $26.0M | 50x | as long as short |
Aster HYPEUSDT
Gate HYPE_USDT
Bybit HYPEUSDT
Orderly PERP_HYPE_USDC
Phoenix HYPE
Popdex HYPEUSDT
Lighter HYPE
Paradex HYPE-USD-PERP
Katana Perps HYPE-USD
Nado HYPE-PERP
Hyperliquid HYPE
Pacifica HYPE
Binance HYPEUSDT
OKX HYPE-USDT-SWAP
Arcus HYPE-USD
MEXC HYPE_USDT
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
Bluefin HYPE-PERP
SunX HYPE-USDT
SoDEX HYPE-USD
Phemex HYPEUSDT
Bulk HYPE-USD
Aevo HYPE-PERP
edgeX HYPEUSDC
Kalshi KXHYPEPERP
Deribit HYPE_USDC-PERPETUAL
Coinbase International HYPE-PERP-INTX
Reya HYPERUSDPERP
Injective HYPE/USDC PERP
HTX HYPE-USDT
GMX HYPE/USD [WBTC.b-USDC]
BloFin HYPE-USDT
RISEx HYPE/USDC
Kraken Futures PF_HYPEUSD