Funding you earn now, next payment 04:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.01 per $10,000 · paid last 24h +0.001%
Price spread now: Pacifica against Lighter RH+0.086%57s7-day average +0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$15as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$120.123% of the position
Funding, last 7 days−0.026%−$3 on $10k
+Price spread, last 7 days−0.067%−$7 · spread now +0.086%, 7d avg +0.002%
=Together, before fees−0.093%+ Points / potential airdropLighter RH: Points live · Pacifica: Active · farm board−$9 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Pacifica is 0.084% dearer against Lighter RH than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of +0.002%. The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH HYPE | 92.473 | 0.0096 | pay 0.0012% / 1h | 50m 47s | $3.1M | $11.6M | 20x |
| Short | Pacifica HYPE | 92.552 | 0.0100 | get 0.0013% / 1h | 50m 47s | $10.0M | $14.9M | 20x |
Lighter RH HYPE
Pacifica HYPEFunding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica 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: +0.086% → +0.002%
- $8.36
- Slippage, 4 orders
- −$4.26
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$3.06
- Costs to cover
- 0.123%
- Break-even
- 32.5 days
Slippage from Lighter RH: live order book, 3 min ago; Pacifica: live order book, 3 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, 3 min ago | 1.02 bp | 1.8 bp −$2 | 3.3 bp −$33 | 28.5 bp −$2,853 | doesn't fit |
| Sell Pacifica live order book, 3 min ago | 0.22 bp | 4.4 bp −$4 | doesn't fit | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Arcus HYPE-USD | −0.0948% | 1h | 92.414 | −0.064% | $1.2M | $3.8M | 10x | as long as short |
| Hibachi HYPE/USDT-P | −0.0760% | 1h | 92.788 | +0.340% | $195K | $227K | 7x | as long as short |
| Aftermath Perps HYPEUSD | −0.0110% | 1h | 92.696 | +0.241% | $22K | $21K | 10x | as long as short |
| 01 Exchange HYPEUSD | −0.0104% | 1h | 92.530 | +0.062% | $86K | $351K | 20x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 92.555 | +0.089% | $3K | $331 | 25x | as long as short |
| Orderly PERP_HYPE_USDC | −0.0066% | 4h | 92.470 | −0.003% | $157K | $663K | 20x | as long as short |
| Ondo Perps HYPE-USD.P | −0.0059% | 1h | 92.720 | +0.267% | $699K | $1.1M | 10x | as long as short |
| Bullet HYPE-USD | −0.0052% | 1h | 92.518 | +0.049% | $110K | $579K | 20x | as long as short |
| Aster HYPEUSDT | −0.0005% | 4h | 92.438 | −0.038% | $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 |
Arcus HYPE-USD
Hibachi HYPE/USDT-P
Aftermath Perps HYPEUSD
01 Exchange HYPEUSD
Hotstuff HYPE-PERP
Orderly PERP_HYPE_USDC
Ondo Perps HYPE-USD.P
Bullet HYPE-USD
Aster HYPEUSDT
dYdX HYPE-USDShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Perpl HYPE | 0.0000% | 43m | 92.520 | +0.051% | $23K | $309K | 10x | as long as short |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0002% | 1h | 92.520 | +0.051% | $62K | — | 150x | as long as short |
| Derive HYPE-PERP | +0.0020% | 1h | 92.434 | −0.042% | $16.0M | $7.5M | 10x | as long as short |
| BingX HYPE-USDT | +0.0032% | 4h | 92.493 | +0.022% | — | $53.2M | — | as long as short |
| Phemex HYPEUSDT | +0.0033% | 8h | 92.492 | +0.021% | $12.5M | $2.7M | 50x | as long as short |
| Bybit HYPEUSDT | +0.0038% | 8h | 92.380 | −0.101% | $317.1M | $279.4M | 75x | as long as short |
| Phoenix HYPE | +0.0043% | 1h | 92.855 | +0.413% | $211K | $1.2M | 10x | as long as short |
| Gate HYPE_USDT | +0.0048% | 4h | 92.463 | −0.011% | $44.4M | $54.5M | 75x | as long as short |
| Popdex HYPEUSDT | +0.0072% | 1h | 92.529 | +0.061% | $67K | $1.2M | 50x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0074% | 8h | 92.399 | −0.080% | $113.0M | $300.5M | 50x | as long as short |
| Binance HYPEUSDT | +0.0079% | 4h | 92.426 | −0.051% | $371.6M | $892.7M | 75x | as long as short |
| MEXC HYPE_USDT | +0.0084% | 4h | 92.505 | +0.035% | $87.6M | $80.2M | 100x | as long as short |
| Paradex HYPE-USD-PERP | +0.0092% | 8h | 92.546 | +0.079% | $338K | $162K | 20x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 92.425 | −0.052% | $16.0M | $62.0M | 20x | as long as short |
| Lighter RH HYPElong | +0.0096% | 1h | 92.473 | long leg | $3.1M | $11.6M | 20x | |
| Katana Perps HYPE-USD | +0.0100% | 8h | 92.530 | +0.062% | $14K | $1.6M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 92.525 | +0.056% | $5.8M | $43.1M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 92.543 | +0.076% | $2.02B | $658.5M | 10x | as long as short |
| Pacifica HYPEshort | +0.0100% | 1h | 92.552 | +0.086% | $10.0M | $14.9M | 20x | |
| Bulk HYPE-USD | +0.0100% | 1h | 92.800 | +0.354% | $202K | $13K | 10x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 92.497 | +0.026% | $45.8M | $18.3M | 75x | as long as short |
| Bitget HYPEUSDT | +0.0100% | 4h | 92.481 | +0.009% | $223.8M | $97.5M | 75x | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 92.435 | −0.041% | $7.4M | $10.0M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 92.469 | −0.005% | $28.5M | $57.1M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 92.799 | +0.353% | $7.5M | $45.8M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 92.847 | +0.404% | $339K | $1.0M | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 92.793 | +0.346% | $665K | $2.7M | 20x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 92.585 | +0.121% | — | $243K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 92.546 | +0.079% | $467K | $2.6M | 20x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 92.586 | +0.122% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 92.493 | +0.022% | $2.0M | $2.0M | 10x | as long as short |
| HTX HYPE-USDT | +0.0100% | 4h | 92.650 | +0.191% | $1.4M | $6.2M | 75x | as long as short |
| edgeX HYPEUSDC | +0.0103% | 4h | 92.776 | +0.327% | $5.1M | $29.2M | 30x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 92.460 | −0.014% | $18.1M | $43.3M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0104% | 1h | 92.474 | +0.001% | $391K | $164K | 20x | as long as short |
| Injective HYPE/USDC PERP | +0.0150% | 1h | 92.430 | −0.047% | $30K | $339K | 12x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0160% | 1h | 92.550 | +0.083% | $4.7M | $5.5M | 50x | as long as short |
| Reya HYPERUSDPERP | +0.0260% | 1h | 92.515 | +0.046% | $79K | $140K | 15x | as long as short |
| Kalshi KXHYPEPERP | +0.0263% | 8h | 92.559 | +0.093% | $1.8M | $5.4M | 2.3x | as long as short |
| BloFin HYPE-USDT | +0.0317% | 4h | 92.544 | +0.077% | $16.8M | $11.5M | 75x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0330% / S −0.0153% | 1h | 92.537 | +0.069% | $1.4M | — | 100x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0332% | 1h | 92.558 | +0.091% | $20.6M | $30.3M | 50x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0442% | 1h | 92.587 | +0.123% | $7.5M | $4.4M | 50x | as long as short |
| RISEx HYPE/USDC | +0.0687% | 1h | 92.603 | +0.141% | $3.1M | $6.4M | 20x | as long as short |
| Bluefin HYPE-PERP | +0.1344% | 1h | 92.483 | +0.011% | $78K | $169K | 20x | as long as short |
Perpl HYPE
gTrade (Gains Network) HYPE/USD
Derive HYPE-PERP
BingX HYPE-USDT
Phemex HYPEUSDT
Bybit HYPEUSDT
Phoenix HYPE
Gate HYPE_USDT
Popdex HYPEUSDT
OKX HYPE-USDT-SWAP
Binance HYPEUSDT
MEXC HYPE_USDT
Paradex HYPE-USD-PERP
Lighter HYPE
Katana Perps HYPE-USD
Nado HYPE-PERP
Hyperliquid HYPE
Bulk HYPE-USD
KuCoin HYPEUSDTM
Bitget HYPEUSDT
Backpack HYPE_USDC_PERP
Variational Omni HYPE
GRVT HYPE_USDT_Perp
ApeX Omni HYPEUSDT
StandX HYPE-USD
Vest HYPE-PERP
Polymarket Perps HYPE-USD
SunX HYPE-USDT
SoDEX HYPE-USD
HTX HYPE-USDT
edgeX HYPEUSDC
Extended HYPE-USD
Aevo HYPE-PERP
Injective HYPE/USDC PERP
Coinbase International HYPE-PERP-INTX
Reya HYPERUSDPERP
Kalshi KXHYPEPERP
BloFin HYPE-USDT
GMX HYPE/USD [WBTC.b-USDC]
Kraken Futures PF_HYPEUSD
Deribit HYPE_USDC-PERPETUAL
RISEx HYPE/USDC
Bluefin HYPE-PERP