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

HYPE

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Alert: funding
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Alert: spread
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Funding you earn now, next payment 07:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.008%
Price spread now: Aevo against MEXC+0.064%7-day average −0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$33as in the Funding arb table
Net, price: spread back to 7d avg − costs−$28as in the Price arb table
costs, in and out, $10k−$350.354% of the position
Long on MEXCShort on Aevo
What this pair did over the last
the charts below follow
Funding, last 7 days+0.024%+$2 on $10k
Price spread, last 4 days (all we have)−0.083%−$8 · spread now +0.064%, 7d avg −0.006%
Together, before fees−0.058%−$6 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: Aevo is 0.070% dearer against MEXC than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.006%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC HYPE_USDT93.4100.0100pay 0.0050% / 4h1h 37m$89.3M$83.8M100x
ShortAevo HYPE-PERP93.4700.0104get 0.0013% / 1h37m 01s$395K$159K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against MEXC. 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
$0.84
Price spread: +0.064% → −0.006%
$7
Slippage, 4 orders
−$15.39
Fee MEXC: 2 bp × 2 orders
−$4
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$27.56
Costs to cover
0.354%
Break-even
236.6 days
Slippage from MEXC: live order book, 2 min ago; Aevo: live order book, 7 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 2 min ago0.05 bp2.1 bp −$22.3 bp −$2311.4 bp −$1,14440.4 bp −$20.2K
Sell Aevo live order book, 7 min ago5.59 bp14.3 bp −$1417.1 bp −$17121.1 bp −$2,111doesn't fit

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
Hibachi HYPE/USDT-P−0.1056%1h93.361−0.052%$198K$240K7xas long as short
Aftermath Perps HYPEUSD−0.0197%1h93.560+0.161%$22K$21K10xas long as short
Ondo Perps HYPE-USD.P−0.0111%1h93.390−0.021%$704K$1.2M10xas long as short
Hotstuff HYPE-PERP−0.0080%1h93.464+0.058%$3K$33125xas long as short
Bullet HYPE-USD−0.0063%1h93.480+0.075%$111K$580K20xas long as short
01 Exchange HYPEUSD−0.0056%1h93.515+0.112%$86K$369K20xas long as short
Bluefin HYPE-PERP−0.0027%1h93.472+0.066%$79K$155K20xas long as short
Orderly PERP_HYPE_USDC−0.0021%4h93.461+0.055%$145K$685K20xas long as short
dYdX HYPE-USD0.0000%1h93.447+0.040%$128K$28K5xas long as short
Kalshi KXHYPEPERP0.0000%8h93.534+0.133%$1.8M$5.6M2.3xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Perpl HYPE0.0000%43m93.480+0.075%$20K$289K10xas long as short
gTrade (Gains Network) HYPE/USDL +0.0002% / S −0.0001%1h93.448+0.040%$83K—150xas long as short
Bybit HYPEUSDT+0.0002%8h93.380−0.032%$315.1M$288.3M75xas long as short
BingX HYPE-USDT+0.0002%4h93.393−0.018%—$53.6M—as long as short
Derive HYPE-PERP+0.0010%1h93.422+0.013%$16.2M$7.4M10xas long as short
Phoenix HYPE+0.0017%1h93.482+0.077%$209K$1.1M10xas long as short
Bitget HYPEUSDT+0.0042%4h93.400−0.011%$225.0M$99.8M75xas long as short
Paradex HYPE-USD-PERP+0.0077%8h93.508+0.105%$334K$161K20xas long as short
Arcus HYPE-USD+0.0084%1h93.453+0.046%$1.0M$4.0M10xas long as short
Phemex HYPEUSDT+0.0086%8h93.459+0.052%$12.8M$2.8M50xas long as short
edgeX HYPEUSDC+0.0086%4h93.443+0.035%$5.0M$30.5M30xas long as short
Lighter HYPE+0.0096%1h93.444+0.036%$16.1M$63.9M20xas long as short
Lighter RH HYPE+0.0096%1h93.473+0.067%$3.1M$11.1M20xas long as short
Popdex HYPEUSDT+0.0096%1h93.476+0.071%$81K$1.2M50xas long as short
Katana Perps HYPE-USD+0.0100%8h93.480+0.075%$22K$1.7M10xas long as short
Nado HYPE-PERP+0.0100%1h93.475+0.069%$7.5M$50.9M10xas long as short
Hyperliquid HYPE+0.0100%1h93.517+0.115%$2.05B$680.6M10xas long as short
Aster HYPEUSDT+0.0100%4h93.435+0.027%$8.8M$37.2M300xas long as short
Pacifica HYPE+0.0100%1h93.508+0.105%$10.1M$15.4M20xas long as short
Binance HYPEUSDT+0.0100%4h93.406−0.004%$373.9M$930.1M75xas long as short
OKX HYPE-USDT-SWAP+0.0100%8h93.378−0.034%$115.4M$315.0M50xas long as short
Gate HYPE_USDT+0.0100%4h93.428+0.019%$48.4M$55.2M75xas long as short
MEXC HYPE_USDTlong+0.0100%4h93.410long leg$89.3M$83.8M100x
KuCoin HYPEUSDTM+0.0100%4h93.417+0.007%$46.3M$18.8M75xas long as short
Backpack HYPE_USDC_PERP+0.0100%1h93.449+0.042%$7.2M$10.6M20xas long as short
Variational Omni HYPE+0.0100%8h93.479+0.073%$28.6M$56.1M—as long as short
GRVT HYPE_USDT_Perp+0.0100%4h93.540+0.140%$7.5M$48.2M10xas long as short
ApeX Omni HYPEUSDT+0.0100%1h93.577+0.179%$347K$1.0M50xas long as short
StandX HYPE-USD+0.0100%1h93.458+0.051%$677K$2.7M20xas long as short
Vest HYPE-PERP+0.0100%1h93.530+0.128%—$243K5xas long as short
Polymarket Perps HYPE-USD+0.0100%1h93.498+0.094%$469K$2.8M20xas long as short
SunX HYPE-USDT+0.0100%4h93.533+0.132%$32K$1.6M20xas long as short
SoDEX HYPE-USD+0.0100%1h93.471+0.065%$2.0M$1.9M10xas long as short
HTX HYPE-USDT+0.0100%4h93.615+0.219%$1.4M$6.7M75xas long as short
Bulk HYPE-USD+0.0100%1h93.507+0.104%$216K$15K10xas long as short
Extended HYPE-USD+0.0104%1h93.367−0.046%$18.2M$43.3M50xas long as short
Aevo HYPE-PERPshort+0.0104%1h93.470+0.064%$395K$159K20x
Coinbase International HYPE-PERP-INTX+0.0120%1h93.460+0.054%$4.7M$6.1M50xas long as short
Injective HYPE/USDC PERP+0.0205%1h93.430+0.021%$30K$339K12xas long as short
Reya HYPERUSDPERP+0.0271%1h93.462+0.055%$77K$129K15xas long as short
Deribit HYPE_USDC-PERPETUAL+0.0295%1h93.567+0.168%$7.4M$4.2M50xas long as short
GMX HYPE/USD [WBTC.b-USDC]L +0.0332% / S −0.0154%1h93.505+0.102%$1.4M—100xas long as short
BloFin HYPE-USDT+0.0340%4h93.480+0.075%$16.9M$12.2M75xas long as short
Kraken Futures PF_HYPEUSD+0.0416%1h93.550+0.150%$20.9M$29.6M50xas long as short
RISEx HYPE/USDC+0.0559%1h93.514+0.111%$3.2M$6.4M20xas long as short