Funding you earn now, next payment 09:00 UTC−0.0035%/8h= −3.8% APRpaid last 24h 0.000%
Price spread now: Vest against MEXC+0.108%7-day average −0.004% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.116%−$12 on $10k
+Price spread, last 4 days (all we have)+0.891%+$89 · spread now +0.108%, 7d avg −0.004%
=Together, before fees+0.774%+ Points / potential airdropVest: Active · farm board+$77 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Vest is 0.112% dearer against MEXC than usual: you sell high and buy low (spread +0.108% now, against its 7-day average of −0.004%): +$11 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 11 days. At the pace of the last 4 days (−0.116% in total) that is about 3.4 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC HYPE_USDT | 94.799 | 0.0100 | pay 0.0050% / 4h | 3h 50m | $93.9M | $84.9M | 100x |
| Short | Vest HYPE-PERP | 94.901 | 0.0065 | get 0.0008% / 1h | 50m 58s | — | $190K | 5x |
MEXC HYPE_USDT
Vest HYPE-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Vest against MEXC. 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
- −$7.38
- Price spread: +0.108% → −0.004%
- $11.19
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Vest: 1 bp × 2 orders
- −$2
- Net
- −$2.19
- Costs to cover
- 0.060%
- Break-even
- from the start
Slippage unknown: MEXC: live order book, 3 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 MEXC live order book, 3 min ago | 0.10 bp | 2.1 bp −$2 | 4.2 bp −$42 | 13.3 bp −$1,328 | 41.7 bp −$20.9K |
| 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 | −0.1432% | 1h | 94.783 | −0.017% | $208K | $267K | 7x | as long as short |
| Bluefin HYPE-PERP | −0.0337% | 1h | 94.790 | −0.009% | $80K | $150K | 20x | as long as short |
| Aftermath Perps HYPEUSD | −0.0319% | 1h | 94.745 | −0.057% | $22K | $20K | 10x | as long as short |
| Phemex HYPEUSDT | −0.0238% | 8h | 94.788 | −0.012% | $12.9M | $2.9M | 50x | as long as short |
| Bullet HYPE-USD | −0.0173% | 1h | 94.826 | +0.028% | $112K | $576K | 20x | as long as short |
| Arcus HYPE-USD | −0.0112% | 1h | 94.817 | +0.019% | $1.0M | $3.5M | 10x | as long as short |
| 01 Exchange HYPEUSD | −0.0080% | 1h | 94.849 | +0.053% | $88K | $364K | 20x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 94.836 | +0.039% | $3K | $331 | 25x | as long as short |
| Kraken Futures PF_HYPEUSD | −0.0047% | 1h | 94.869 | +0.074% | $20.3M | $30.3M | 50x | as long as short |
| Ondo Perps HYPE-USD.P | −0.0044% | 1h | 94.730 | −0.073% | $715K | $1.2M | 10x | as long as short |
Hibachi HYPE/USDT-P
Bluefin HYPE-PERP
Aftermath Perps HYPEUSD
Phemex HYPEUSDT
Bullet HYPE-USD
Arcus HYPE-USD
01 Exchange HYPEUSD
Hotstuff HYPE-PERP
Kraken Futures PF_HYPEUSD
Ondo Perps HYPE-USD.PShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_HYPE_USDC | −0.0007% | 4h | 94.813 | +0.015% | $147K | $685K | 20x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 94.808 | +0.009% | $130K | $94K | 5x | as long as short |
| Kalshi KXHYPEPERP | 0.0000% | 8h | 94.881 | +0.086% | $1.9M | $5.5M | 2.3x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 94.850 | +0.054% | $19K | $285K | 10x | as long as short |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0001% | 1h | 94.859 | +0.063% | $85K | — | 150x | as long as short |
| Phoenix HYPE | +0.0008% | 1h | 94.810 | +0.012% | $208K | $1.2M | 10x | as long as short |
| Bitget HYPEUSDT | +0.0012% | 4h | 94.780 | −0.020% | $227.3M | $99.5M | 75x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0016% | 1h | 94.820 | +0.022% | $4.7M | $6.2M | 50x | as long as short |
| Derive HYPE-PERP | +0.0022% | 1h | 94.691 | −0.114% | $16.4M | $7.4M | 10x | as long as short |
| Paradex HYPE-USD-PERP | +0.0051% | 8h | 94.842 | +0.045% | $339K | $154K | 20x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0064% | 8h | 94.787 | −0.013% | $118.2M | $327.7M | 50x | as long as short |
| Vest HYPE-PERPshort | +0.0065% | 1h | 94.901 | +0.108% | — | $190K | 5x | |
| Lighter HYPE | +0.0088% | 1h | 94.828 | +0.031% | $16.3M | $61.8M | 20x | as long as short |
| edgeX HYPEUSDC | +0.0095% | 4h | 94.791 | −0.009% | $5.0M | $30.7M | 30x | as long as short |
| SoDEX HYPE-USD | +0.0096% | 1h | 94.825 | +0.027% | $2.1M | $1.9M | 10x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 94.830 | +0.033% | $3.2M | $10.2M | 20x | as long as short |
| Popdex HYPEUSDT | +0.0096% | 1h | 94.831 | +0.034% | $144K | $1.3M | 50x | as long as short |
| Katana Perps HYPE-USD | +0.0100% | 8h | 94.830 | +0.033% | $28K | $1.7M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 94.825 | +0.027% | $7.3M | $52.7M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 94.910 | +0.117% | $2.09B | $688.5M | 10x | as long as short |
| Aster HYPEUSDT | +0.0100% | 4h | 94.804 | +0.006% | $9.6M | $37.5M | 300x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 94.857 | +0.061% | $10.2M | $14.8M | 20x | as long as short |
| Binance HYPEUSDT | +0.0100% | 4h | 94.797 | −0.002% | $381.4M | $934.3M | 75x | as long as short |
| Bybit HYPEUSDT | +0.0100% | 8h | 94.790 | −0.009% | $317.0M | $289.4M | 75x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 94.685 | −0.121% | $219K | $12K | 10x | as long as short |
| Gate HYPE_USDT | +0.0100% | 4h | 94.789 | −0.011% | $51.0M | $53.7M | 75x | as long as short |
| MEXC HYPE_USDTlong | +0.0100% | 4h | 94.799 | long leg | $93.9M | $84.9M | 100x | |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 94.782 | −0.018% | $46.9M | $18.9M | 75x | as long as short |
| BingX HYPE-USDT | +0.0100% | 4h | 94.800 | +0.001% | — | $53.4M | — | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 94.763 | −0.038% | $7.6M | $10.6M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 94.549 | −0.263% | $29.9M | $55.9M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 94.848 | +0.052% | $7.7M | $44.6M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 94.799 | 0.000% | $352K | $1.1M | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 94.859 | +0.063% | $694K | $2.7M | 20x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 94.921 | +0.129% | $501K | $2.8M | 20x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 94.925 | +0.133% | $33K | $1.6M | 20x | as long as short |
| HTX HYPE-USDT | +0.0100% | 4h | 94.966 | +0.176% | $1.4M | $6.9M | 75x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 94.758 | −0.044% | $18.4M | $43.0M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0104% | 1h | 94.845 | +0.049% | $401K | $153K | 20x | as long as short |
| RISEx HYPE/USDC | +0.0133% | 1h | 94.866 | +0.071% | $3.1M | $6.4M | 20x | as long as short |
| Injective HYPE/USDC PERP | +0.0153% | 1h | 95.060 | +0.275% | $31K | $340K | 12x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0235% | 1h | 94.920 | +0.128% | $7.5M | $4.3M | 50x | as long as short |
| Reya HYPERUSDPERP | +0.0272% | 1h | 94.808 | +0.010% | $83K | $115K | 15x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0327% / S −0.0152% | 1h | 94.897 | +0.104% | $1.4M | — | 100x | as long as short |
| BloFin HYPE-USDT | +0.0340% | 4h | 94.810 | +0.012% | $17.2M | $12.5M | 75x | as long as short |
Orderly PERP_HYPE_USDC
dYdX HYPE-USD
Kalshi KXHYPEPERP
Perpl HYPE
gTrade (Gains Network) HYPE/USD
Phoenix HYPE
Bitget HYPEUSDT
Coinbase International HYPE-PERP-INTX
Derive HYPE-PERP
Paradex HYPE-USD-PERP
OKX HYPE-USDT-SWAP
Lighter HYPE
edgeX HYPEUSDC
SoDEX HYPE-USD
Lighter RH HYPE
Popdex HYPEUSDT
Katana Perps HYPE-USD
Nado HYPE-PERP
Hyperliquid HYPE
Aster HYPEUSDT
Pacifica HYPE
Binance HYPEUSDT
Bybit HYPEUSDT
Bulk HYPE-USD
Gate 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
SunX HYPE-USDT
HTX HYPE-USDT
Extended HYPE-USD
Aevo HYPE-PERP
RISEx HYPE/USDC
Injective HYPE/USDC PERP
Deribit HYPE_USDC-PERPETUAL
Reya HYPERUSDPERP
GMX HYPE/USD [WBTC.b-USDC]
BloFin HYPE-USDT