Funding you earn now, next payment 06:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.01 per $10,000 · paid last 24h −0.008%
Price spread now: Vest against Lighter RH−0.008%7-day average −0.016% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.121%−$12 on $10k
+Price spread, last 4 days (all we have)+0.207%+$21 · spread now −0.008%, 7d avg −0.016%
=Together, before fees+0.086%+ Points / potential airdropLighter RH: Points live · Vest: Active · farm board+$9 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 | 93.572 | 0.0096 | pay 0.0012% / 1h | 52m 55s | $3.1M | $11.4M | 20x |
| Short | Vest HYPE-PERP | 93.564 | 0.0100 | get 0.0013% / 1h | 52m 55s | — | $243K | 5x |
Lighter RH HYPE
Vest HYPE-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Vest 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: −0.008% → −0.016%
- $0.74
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Vest: 1 bp × 2 orders
- −$2
- Net
- −$0.42
- Costs to cover
- 0.020%
- Break-even
- 10.5 days
Slippage unknown: Lighter RH: live order book, 6 min ago; Vest: 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, 6 min ago | 0.86 bp | 2.5 bp −$3 | 3.9 bp −$39 | 25.6 bp −$2,561 | doesn't fit |
| Sell Vest no order-book sample | — | — | — | — | — |
Vest: 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 | |
|---|---|---|---|---|---|---|---|---|
| Hibachi HYPE/USDT-P | −0.1896% | 1h | 93.264 | −0.329% | $196K | $232K | 7x | as long as short |
| Aftermath Perps HYPEUSD | −0.0369% | 1h | 93.468 | −0.111% | $22K | $21K | 10x | as long as short |
| Bullet HYPE-USD | −0.0131% | 1h | 93.559 | −0.014% | $112K | $578K | 20x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 93.504 | −0.073% | $3K | $331 | 25x | as long as short |
| 01 Exchange HYPEUSD | −0.0040% | 1h | 93.543 | −0.031% | $88K | $365K | 20x | as long as short |
| Orderly PERP_HYPE_USDC | −0.0034% | 4h | 93.551 | −0.022% | $146K | $663K | 20x | as long as short |
| Ondo Perps HYPE-USD.P | −0.0031% | 1h | 93.540 | −0.034% | $705K | $1.2M | 10x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 93.453 | −0.127% | $128K | $29K | 5x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 93.518 | −0.058% | $22K | $290K | 10x | as long as short |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0002% | 1h | 93.580 | +0.008% | $62K | — | 150x | as long as short |
Hibachi HYPE/USDT-P
Aftermath Perps HYPEUSD
Bullet HYPE-USD
Hotstuff HYPE-PERP
01 Exchange HYPEUSD
Orderly PERP_HYPE_USDC
Ondo Perps HYPE-USD.P
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 | |
|---|---|---|---|---|---|---|---|---|
| Arcus HYPE-USD | +0.0011% | 1h | 93.495 | −0.082% | $1.0M | $3.9M | 10x | as long as short |
| Phemex HYPEUSDT | +0.0020% | 8h | 93.532 | −0.043% | $12.6M | $2.7M | 50x | as long as short |
| Bitget HYPEUSDT | +0.0022% | 4h | 93.651 | +0.084% | $226.6M | $99.1M | 75x | as long as short |
| Bybit HYPEUSDT | +0.0024% | 8h | 93.650 | +0.083% | $318.5M | $283.5M | 75x | as long as short |
| Phoenix HYPE | +0.0026% | 1h | 93.546 | −0.028% | $209K | $1.2M | 10x | as long as short |
| Bluefin HYPE-PERP | +0.0089% | 1h | 93.565 | −0.007% | $79K | $166K | 20x | as long as short |
| edgeX HYPEUSDC | +0.0094% | 4h | 93.441 | −0.140% | $5.0M | $29.9M | 30x | as long as short |
| Paradex HYPE-USD-PERP | +0.0095% | 8h | 93.562 | −0.011% | $340K | $162K | 20x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 93.572 | 0.000% | $16.2M | $62.9M | 20x | as long as short |
| Lighter RH HYPElong | +0.0096% | 1h | 93.572 | long leg | $3.1M | $11.4M | 20x | |
| Popdex HYPEUSDT | +0.0096% | 1h | 93.528 | −0.047% | $77K | $1.1M | 50x | as long as short |
| Katana Perps HYPE-USD | +0.0099% | 8h | 93.510 | −0.066% | $28K | $1.7M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 93.544 | −0.029% | $7.6M | $48.1M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 93.643 | +0.076% | $2.04B | $665.4M | 10x | as long as short |
| Aster HYPEUSDT | +0.0100% | 4h | 93.652 | +0.085% | $8.8M | $36.4M | 300x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 93.541 | −0.033% | $10.1M | $15.3M | 20x | as long as short |
| Binance HYPEUSDT | +0.0100% | 4h | 93.653 | +0.086% | $375.6M | $910.8M | 75x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0100% | 8h | 93.651 | +0.084% | $115.0M | $309.2M | 50x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 93.328 | −0.261% | $203K | $3K | 10x | as long as short |
| Gate HYPE_USDT | +0.0100% | 4h | 93.660 | +0.094% | $46.4M | $53.9M | 75x | as long as short |
| MEXC HYPE_USDT | +0.0100% | 4h | 93.671 | +0.106% | $92.2M | $80.2M | 100x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 93.637 | +0.069% | $46.7M | $18.7M | 75x | as long as short |
| BingX HYPE-USDT | +0.0100% | 4h | 93.647 | +0.080% | — | $53.9M | — | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 93.625 | +0.057% | $7.3M | $11.0M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 93.529 | −0.046% | $28.7M | $56.9M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 93.637 | +0.069% | $7.6M | $47.1M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 93.532 | −0.043% | $343K | $1.0M | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 93.435 | −0.146% | $668K | $2.9M | 20x | as long as short |
| Vest HYPE-PERPshort | +0.0100% | 1h | 93.564 | −0.008% | — | $243K | 5x | |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 93.576 | +0.004% | $490K | $2.7M | 20x | as long as short |
| Derive HYPE-PERP | +0.0100% | 1h | 93.534 | −0.040% | $16.1M | $7.5M | 10x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 93.508 | −0.068% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 93.562 | −0.011% | $2.0M | $1.9M | 10x | as long as short |
| HTX HYPE-USDT | +0.0100% | 4h | 93.715 | +0.153% | $1.4M | $6.4M | 75x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 93.631 | +0.063% | $18.1M | $43.2M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0104% | 1h | 93.544 | −0.030% | $395K | $161K | 20x | as long as short |
| Injective HYPE/USDC PERP | +0.0122% | 1h | 93.770 | +0.212% | $30K | $339K | 12x | as long as short |
| Kalshi KXHYPEPERP | +0.0125% | 8h | 93.630 | +0.062% | $1.8M | $5.6M | 2.3x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0144% | 1h | 93.620 | +0.051% | $4.8M | $5.6M | 50x | as long as short |
| Reya HYPERUSDPERP | +0.0267% | 1h | 93.560 | −0.013% | $80K | $131K | 15x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0332% / S −0.0154% | 1h | 93.576 | +0.004% | $1.4M | — | 100x | as long as short |
| BloFin HYPE-USDT | +0.0340% | 4h | 93.558 | −0.015% | $16.9M | $11.9M | 75x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0340% | 1h | 93.632 | +0.065% | $20.9M | $29.6M | 50x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0445% | 1h | 93.657 | +0.091% | $7.5M | $4.0M | 50x | as long as short |
| RISEx HYPE/USDC | +0.0527% | 1h | 93.593 | +0.023% | $3.2M | $6.3M | 20x | as long as short |
Arcus HYPE-USD
Phemex HYPEUSDT
Bitget HYPEUSDT
Bybit HYPEUSDT
Phoenix HYPE
Bluefin HYPE-PERP
edgeX HYPEUSDC
Paradex HYPE-USD-PERP
Lighter HYPE
Popdex HYPEUSDT
Katana Perps HYPE-USD
Nado HYPE-PERP
Hyperliquid HYPE
Aster HYPEUSDT
Pacifica HYPE
Binance HYPEUSDT
OKX HYPE-USDT-SWAP
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
Derive HYPE-PERP
SunX HYPE-USDT
SoDEX HYPE-USD
HTX HYPE-USDT
Extended HYPE-USD
Aevo HYPE-PERP
Injective HYPE/USDC PERP
Kalshi KXHYPEPERP
Coinbase International HYPE-PERP-INTX
Reya HYPERUSDPERP
GMX HYPE/USD [WBTC.b-USDC]
BloFin HYPE-USDT
Kraken Futures PF_HYPEUSD
Deribit HYPE_USDC-PERPETUAL
RISEx HYPE/USDC