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Funding arb · Price arb /

HYPE

all HYPE markets
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Alert: funding
Measured
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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−0.0194%/8h= −21.3% APRpaid last 24h −0.015%
Price spread now: Aftermath Perps against MEXC+0.187%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Long on MEXCShort on Aftermath Perps
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—needs both histories
The price spread pays, funding is against you. Aftermath Perps is 0.187% dearer against MEXC than usual: you sell high and buy low (spread +0.187% now, against zero (this spread has no 7-day history yet)): +$19 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 3.2 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC HYPE_USDT92.5630.0084pay 0.0042% / 4h52m 11s$87.8M$80.1M100x
ShortAftermath Perps HYPEUSD92.736−0.0110pay 0.0014% / 1h52m 11s$22K$21K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aftermath Perps 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
−$40.78
Price spread: +0.187% → 0.000%
$18.73
Slippage, 4 orders
no order book: not counted
Fee MEXC: 2 bp × 2 orders
−$4
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Net
−$35.05
Costs to cover
0.130%
Break-even
from the start
Slippage unknown: MEXC: live order book, 2 min ago; Aftermath Perps: 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 MEXC live order book, 2 min ago0.05 bp2.1 bp −$23.9 bp −$3911.1 bp −$1,11333.7 bp −$16.9K
Sell Aftermath Perps no order-book sample—————
Aftermath Perps: 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%1h92.446−0.126%$1.2M$3.8M10xas long as short
Hibachi HYPE/USDT-P−0.0760%1h92.788+0.243%$195K$227K7xas long as short
Aftermath Perps HYPEUSDshort−0.0110%1h92.736+0.187%$22K$21K10x
01 Exchange HYPEUSD−0.0104%1h92.553−0.011%$86K$351K20xas long as short
Hotstuff HYPE-PERP−0.0080%1h92.573+0.011%$3K$33125xas long as short
Orderly PERP_HYPE_USDC−0.0065%4h92.552−0.012%$158K$663K20xas long as short
Ondo Perps HYPE-USD.P−0.0064%1h92.720+0.170%$699K$1.1M10xas long as short
Bullet HYPE-USD−0.0048%1h92.565+0.002%$111K$579K20xas long as short
dYdX HYPE-USD0.0000%1h92.691+0.138%$127K$31K5xas long as short
Perpl HYPE0.0000%43m92.571+0.009%$23K$309K10xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) HYPE/USDL +0.0002% / S −0.0002%1h92.608+0.049%$62K—150xas long as short
Aster HYPEUSDT+0.0006%4h92.622+0.063%$8.7M$36.2M300xas long as short
Derive HYPE-PERP+0.0018%1h92.535−0.030%$16.0M$7.5M10xas long as short
Phemex HYPEUSDT+0.0026%8h92.568+0.005%$12.5M$2.7M50xas long as short
BingX HYPE-USDT+0.0032%4h92.553−0.011%—$53.2M—as long as short
Bybit HYPEUSDT+0.0037%8h92.540−0.025%$317.7M$279.2M75xas long as short
Phoenix HYPE+0.0043%1h92.855+0.315%$211K$1.2M10xas long as short
Gate HYPE_USDT+0.0050%4h92.583+0.022%$44.5M$54.5M75xas long as short
ApeX Omni HYPEUSDT+0.0068%1h92.356−0.224%$337K$1.0M50xas long as short
OKX HYPE-USDT-SWAP+0.0074%8h92.548−0.016%$113.2M$300.8M50xas long as short
Popdex HYPEUSDT+0.0080%1h92.552−0.012%$67K$1.2M50xas long as short
MEXC HYPE_USDTlong+0.0084%4h92.563long leg$87.8M$80.1M100x
Binance HYPEUSDT+0.0084%4h92.5630.000%$372.3M$892.6M75xas long as short
edgeX HYPEUSDC+0.0090%4h92.792+0.247%$5.1M$29.2M30xas long as short
Paradex HYPE-USD-PERP+0.0093%8h92.623+0.065%$338K$162K20xas long as short
Lighter HYPE+0.0096%1h92.580+0.018%$16.0M$62.0M20xas long as short
Lighter RH HYPE+0.0096%1h92.558−0.005%$3.1M$11.6M20xas long as short
Katana Perps HYPE-USD+0.0100%8h92.540−0.025%$14K$1.6M10xas long as short
Nado HYPE-PERP+0.0100%1h92.579+0.018%$5.8M$43.1M10xas long as short
Hyperliquid HYPE+0.0100%1h92.600+0.040%$2.02B$657.8M10xas long as short
Pacifica HYPE+0.0100%1h92.620+0.062%$10.0M$14.9M20xas long as short
Bulk HYPE-USD+0.0100%1h92.800+0.256%$202K$13K10xas long as short
KuCoin HYPEUSDTM+0.0100%4h92.594+0.033%$45.9M$18.2M75xas long as short
Bitget HYPEUSDT+0.0100%4h92.559−0.004%$224.0M$97.5M75xas long as short
Backpack HYPE_USDC_PERP+0.0100%1h92.550−0.014%$7.4M$10.0M20xas long as short
Variational Omni HYPE+0.0100%8h92.820+0.277%$28.4M$57.0M—as long as short
GRVT HYPE_USDT_Perp+0.0100%4h92.596+0.036%$7.5M$45.7M10xas long as short
StandX HYPE-USD+0.0100%1h92.793+0.248%$665K$2.7M20xas long as short
Vest HYPE-PERP+0.0100%1h92.646+0.090%—$243K5xas long as short
Polymarket Perps HYPE-USD+0.0100%1h92.612+0.053%$468K$2.6M20xas long as short
SunX HYPE-USDT+0.0100%4h92.628+0.070%$32K$1.6M20xas long as short
SoDEX HYPE-USD+0.0100%1h92.578+0.016%$2.0M$2.0M10xas long as short
HTX HYPE-USDT+0.0100%4h92.721+0.171%$1.4M$6.2M75xas long as short
Extended HYPE-USD+0.0104%1h92.556−0.008%$18.1M$43.3M50xas long as short
Aevo HYPE-PERP+0.0104%1h92.580+0.018%$391K$164K20xas long as short
Injective HYPE/USDC PERP+0.0150%1h93.000+0.472%$30K$339K12xas long as short
Coinbase International HYPE-PERP-INTX+0.0160%1h92.630+0.072%$4.7M$5.5M50xas long as short
Reya HYPERUSDPERP+0.0260%1h92.568+0.006%$79K$140K15xas long as short
Kalshi KXHYPEPERP+0.0263%8h92.699+0.147%$1.8M$5.4M2.3xas long as short
BloFin HYPE-USDT+0.0325%4h92.787+0.242%$16.8M$11.5M75xas long as short
GMX HYPE/USD [WBTC.b-USDC]L +0.0330% / S −0.0153%1h92.602+0.042%$1.4M—100xas long as short
Kraken Futures PF_HYPEUSD+0.0332%1h92.618+0.059%$20.6M$30.3M50xas long as short
Deribit HYPE_USDC-PERPETUAL+0.0473%1h92.680+0.126%$7.5M$4.4M50xas long as short
RISEx HYPE/USDC+0.0687%1h92.626+0.069%$3.1M$6.4M20xas long as short
Bluefin HYPE-PERP+0.1674%1h92.565+0.002%$78K$169K20xas long as short