Settings8H · net · $10k
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Funding arb · Price arb /

HYPE

all HYPE markets
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Alert: funding
Measured
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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Alert: spread
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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding you earn now, next payment 04:00 UTC−0.0094%/8h= −10.3% APRnext payment −$0.12 per $10,000 · paid last 24h −0.028%
Price spread now: gTrade (Gains Network) against Lighter RH+0.070%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Long on Lighter RHShort on gTrade (Gains Network)
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. gTrade (Gains Network) is 0.070% dearer against Lighter RH than usual: you sell high and buy low (spread +0.070% now, against zero (this spread has no 7-day history yet)): +$7 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.5 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter RH HYPE92.2180.0096pay 0.0012% / 1h42m 50s$3.1M$11.7M20x
ShortgTrade (Gains Network) HYPE/USD92.283L +0.0002% / S −0.0002%get 0.0000% / 1h42m 50s$61K—150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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

Funding earned
−$19.7
Price spread: +0.070% → 0.000%
$7.05
Slippage, 4 orders
no order book: not counted
Fee Lighter RH: 0 bp × 2 orders
$0
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$22.65
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Lighter RH: live order book, 6 min ago; gTrade (Gains Network): 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
LegHalf-spread$10k$100k$1M$5M
Buy Lighter RH live order book, 6 min ago1.46 bp2.5 bp −$25.0 bp −$5027.6 bp −$2,757doesn't fit
Sell gTrade (Gains Network) no order-book sample—————
gTrade (Gains Network): 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus HYPE-USD−0.0948%1h92.247+0.031%$1.2M$3.8M10xas long as short
Hibachi HYPE/USDT-P−0.0536%1h92.271+0.058%$193K$229K7xas long as short
Aftermath Perps HYPEUSD−0.0159%1h92.320+0.110%$22K$21K10xas long as short
01 Exchange HYPEUSD−0.0128%1h92.323+0.114%$85K$354K20xas long as short
Hotstuff HYPE-PERP−0.0080%1h92.319+0.110%$3K$33125xas long as short
Orderly PERP_HYPE_USDC−0.0070%4h92.220+0.002%$157K$663K20xas long as short
Bullet HYPE-USD−0.0052%1h92.268+0.054%$110K$579K20xas long as short
Aster HYPEUSDT−0.0005%4h92.235+0.019%$8.7M$36.4M300xas long as short
dYdX HYPE-USD0.0000%1h92.232+0.015%$126K$31K5xas long as short
Perpl HYPE0.0000%43m92.292+0.080%$22K$310K10xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) HYPE/USDshortL +0.0002% / S −0.0002%1h92.283+0.070%$61K—150x
Ondo Perps HYPE-USD.P+0.0027%1h92.230+0.013%$696K$1.1M10xas long as short
BingX HYPE-USDT+0.0030%4h92.183−0.038%—$53.3M—as long as short
Phoenix HYPE+0.0043%1h92.246+0.030%$209K$1.2M10xas long as short
Bybit HYPEUSDT+0.0048%8h92.235+0.018%$315.4M$281.1M75xas long as short
Gate HYPE_USDT+0.0054%4h92.179−0.042%$44.2M$54.8M75xas long as short
Phemex HYPEUSDT+0.0059%8h92.231+0.014%$12.5M$2.7M50xas long as short
Derive HYPE-PERP+0.0070%1h92.200−0.020%$16.0M$7.5M10xas long as short
MEXC HYPE_USDT+0.0074%4h92.190−0.030%$87.0M$80.5M100xas long as short
OKX HYPE-USDT-SWAP+0.0076%8h92.200−0.020%$112.7M$301.5M50xas long as short
edgeX HYPEUSDC+0.0078%4h92.205−0.014%$4.9M$29.5M30xas long as short
Binance HYPEUSDT+0.0080%4h92.243+0.027%$369.8M$899.1M75xas long as short
Paradex HYPE-USD-PERP+0.0091%8h92.385+0.181%$338K$163K20xas long as short
Lighter HYPE+0.0096%1h92.217−0.001%$16.0M$62.4M20xas long as short
Lighter RH HYPElong+0.0096%1h92.218long leg$3.1M$11.7M20x
Popdex HYPEUSDT+0.0096%1h92.325+0.116%$68K$1.2M50xas long as short
Aevo HYPE-PERP+0.0096%1h92.210−0.008%$390K$164K20xas long as short
Katana Perps HYPE-USD+0.0099%8h92.260+0.046%$28K$1.7M10xas long as short
Nado HYPE-PERP+0.0100%1h92.332+0.123%$5.8M$43.2M10xas long as short
Hyperliquid HYPE+0.0100%1h92.251+0.036%$2.01B$665.0M10xas long as short
Pacifica HYPE+0.0100%1h92.366+0.161%$10.0M$15.0M20xas long as short
Bulk HYPE-USD+0.0100%1h92.245+0.029%$201K$13K10xas long as short
KuCoin HYPEUSDTM+0.0100%4h92.198−0.022%$45.7M$18.3M75xas long as short
Bitget HYPEUSDT+0.0100%4h92.193−0.027%$223.6M$98.3M75xas long as short
Backpack HYPE_USDC_PERP+0.0100%1h92.214−0.004%$7.3M$10.3M20xas long as short
Variational Omni HYPE+0.0100%8h92.158−0.065%$28.3M$57.3M—as long as short
GRVT HYPE_USDT_Perp+0.0100%4h92.209−0.010%$7.5M$45.9M10xas long as short
ApeX Omni HYPEUSDT+0.0100%1h92.186−0.035%$337K$1.0M50xas long as short
StandX HYPE-USD+0.0100%1h92.228+0.011%$662K$2.7M20xas long as short
Vest HYPE-PERP+0.0100%1h92.343+0.135%—$243K5xas long as short
Polymarket Perps HYPE-USD+0.0100%1h92.325+0.116%$475K$2.6M20xas long as short
SunX HYPE-USDT+0.0100%4h92.271+0.057%$32K$1.6M20xas long as short
SoDEX HYPE-USD+0.0100%1h92.233+0.016%$2.0M$2.0M10xas long as short
HTX HYPE-USDT+0.0100%4h92.388+0.184%$1.4M$6.2M75xas long as short
Extended HYPE-USD+0.0104%1h92.177−0.044%$18.1M$43.5M50xas long as short
Bluefin HYPE-PERP+0.0136%1h92.240+0.024%$78K$169K20xas long as short
Injective HYPE/USDC PERP+0.0150%1h93.000+0.848%$30K$339K12xas long as short
Coinbase International HYPE-PERP-INTX+0.0160%1h92.420+0.219%$4.7M$5.5M50xas long as short
Kalshi KXHYPEPERP+0.0257%8h92.335+0.127%$1.8M$5.4M2.3xas long as short
Reya HYPERUSDPERP+0.0261%1h92.268+0.054%$79K$139K15xas long as short
BloFin HYPE-USDT+0.0304%4h92.211−0.008%$16.7M$11.5M75xas long as short
GMX HYPE/USD [WBTC.b-USDC]L +0.0329% / S −0.0153%1h92.279+0.066%$1.4M—100xas long as short
Kraken Futures PF_HYPEUSD+0.0333%1h92.295+0.083%$20.5M$30.4M50xas long as short
Deribit HYPE_USDC-PERPETUAL+0.0606%1h92.337+0.129%$7.5M$4.4M50xas long as short
RISEx HYPE/USDC+0.0687%1h92.404+0.202%$3.1M$6.4M20xas long as short