Settings8H · net · $10k
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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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Funding you earn now, next payment 00:00 UTC−0.0088%/8h= −9.7% APRpaid last 24h +0.009%
Price spread now: Aster against OKX+0.056%7-day average +0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$20as in the Funding arb table
Net, price: spread back to 7d avg − costs−$18as in the Price arb table
costs, in and out, $10k−$230.228% of the position
Long on OKXShort on Aster
What this pair did over the last
the charts below follow
Funding, last 7 days+0.028%+$3 on $10k
Price spread, last 7 days−0.051%−$5 · spread now +0.056%, 7d avg +0.004%
Together, before fees−0.023%+ Points / potential airdropAster: Stage 5 · farm board−$2 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Aster is 0.053% dearer against OKX than usual: you sell high and buy low (spread +0.056% now, against its 7-day average of +0.004%): +$5 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 48 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX HYPE-USDT-SWAP93.3200.0100pay 0.0100% / 8h2h 39m$114.7M$315.0M50x
ShortAster HYPEUSDT93.3730.0012get 0.0006% / 4h2h 39m$8.9M$35.9M300x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against OKX. 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
−$18.56
Price spread: +0.056% → +0.004%
$5.28
Slippage, 4 orders
−$4.78
Fee OKX: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
−$36.06
Costs to cover
0.228%
Break-even
never at this rate
Slippage from OKX: live order book, 5 min ago; Aster: live order book, 4 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 OKX live order book, 5 min ago0.05 bp6.1 bp −$68.9 bp −$8917.0 bp −$1,703doesn't fit
Sell Aster live order book, 4 min ago0.38 bp5.3 bp −$55.8 bp −$5813.4 bp −$1,336doesn'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−0.1160%1h93.364+0.048%$197K$233K7xas long as short
Ondo Perps HYPE-USD.P−0.0257%1h93.330+0.011%$700K$943K10xas long as short
Aftermath Perps HYPEUSD−0.0227%1h93.388+0.073%$22K$22K10xas long as short
01 Exchange HYPEUSD−0.0088%1h93.345+0.027%$89K$345K20xas long as short
Hotstuff HYPE-PERP−0.0080%1h93.419+0.106%$3K$33125xas long as short
dYdX HYPE-USD0.0000%1h93.398+0.084%$127K$32K5xas long as short
Perpl HYPE0.0000%43m93.366+0.049%$23K$337K10xas long as short
gTrade (Gains Network) HYPE/USDL +0.0002% / S −0.0001%1h93.366+0.049%$20K—150xas long as short
Derive HYPE-PERP+0.0003%1h93.363+0.046%$16.4M$7.1M10xas long as short
Gate HYPE_USDT+0.0008%4h93.346+0.028%$44.0M$56.5M75xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bullet HYPE-USD+0.0008%1h93.329+0.010%$112K$583K20xas long as short
Aster HYPEUSDTshort+0.0012%4h93.373+0.056%$8.9M$35.9M300x
Bybit HYPEUSDT+0.0035%8h93.322+0.002%$325.1M$287.9M75xas long as short
Phoenix HYPE+0.0068%1h93.527+0.222%$216K$1.2M10xas long as short
Orderly PERP_HYPE_USDC+0.0073%4h93.412+0.099%$180K$529K20xas long as short
Popdex HYPEUSDT+0.0080%1h93.319−0.001%$56K$1.2M50xas long as short
Lighter HYPE+0.0096%1h93.392+0.078%$18.5M$59.4M20xas long as short
Lighter RH HYPE+0.0096%1h93.387+0.072%$3.1M$12.3M20xas long as short
Paradex HYPE-USD-PERP+0.0100%8h93.364+0.047%$339K$171K20xas long as short
Katana Perps HYPE-USD+0.0100%8h93.370+0.054%$40K$1.7M10xas long as short
Nado HYPE-PERP+0.0100%1h93.325+0.005%$6.0M$44.2M10xas long as short
Hyperliquid HYPE+0.0100%1h93.408+0.094%$2.03B$667.0M10xas long as short
Pacifica HYPE+0.0100%1h93.359+0.042%$10.0M$14.4M20xas long as short
Binance HYPEUSDT+0.0100%4h93.325+0.005%$385.2M$888.4M75xas long as short
OKX HYPE-USDT-SWAPlong+0.0100%8h93.320long leg$114.7M$315.0M50x
Arcus HYPE-USD+0.0100%1h93.308−0.013%$1.2M$4.0M10xas long as short
Bulk HYPE-USD+0.0100%1h93.403+0.088%$204K$12K10xas long as short
MEXC HYPE_USDT+0.0100%4h93.325+0.005%$92.7M$82.0M100xas long as short
KuCoin HYPEUSDTM+0.0100%4h93.347+0.029%$46.3M$19.0M75xas long as short
Bitget HYPEUSDT+0.0100%4h93.352+0.034%$226.7M$102.0M75xas long as short
BingX HYPE-USDT+0.0100%4h93.321+0.001%—$54.2M—as long as short
Backpack HYPE_USDC_PERP+0.0100%1h93.442+0.131%$7.9M$11.7M20xas long as short
Variational Omni HYPE+0.0100%8h93.375+0.059%$28.9M$49.9M—as long as short
GRVT HYPE_USDT_Perp+0.0100%4h93.408+0.095%$7.5M$44.9M10xas long as short
ApeX Omni HYPEUSDT+0.0100%1h93.381+0.065%$405K$1.0M50xas long as short
StandX HYPE-USD+0.0100%1h93.453+0.143%$676K$2.4M20xas long as short
Vest HYPE-PERP+0.0100%1h93.391+0.076%—$454K5xas long as short
Polymarket Perps HYPE-USD+0.0100%1h93.361+0.044%$493K$2.6M20xas long as short
Bluefin HYPE-PERP+0.0100%1h93.410+0.096%$76K$169K20xas long as short
SunX HYPE-USDT+0.0100%4h93.447+0.136%$32K$1.6M20xas long as short
SoDEX HYPE-USD+0.0100%1h93.389+0.074%$2.0M$2.0M10xas long as short
Phemex HYPEUSDT+0.0100%8h93.397+0.083%$12.7M$2.6M50xas long as short
Kalshi KXHYPEPERP+0.0103%8h93.527+0.222%$1.9M$5.4M2.3xas long as short
Extended HYPE-USD+0.0104%1h93.298−0.023%$18.4M$41.1M50xas long as short
Aevo HYPE-PERP+0.0104%1h93.371+0.055%$397K$318K20xas long as short
edgeX HYPEUSDC+0.0109%4h93.377+0.061%$5.1M$29.5M30xas long as short
Coinbase International HYPE-PERP-INTX+0.0208%1h93.510+0.204%$4.9M$5.7M50xas long as short
Reya HYPERUSDPERP+0.0245%1h93.325+0.005%$78K$158K15xas long as short
Injective HYPE/USDC PERP+0.0285%1h93.270−0.054%$30K$231K12xas long as short
Deribit HYPE_USDC-PERPETUAL+0.0296%1h93.507+0.200%$7.4M$4.6M50xas long as short
GMX HYPE/USD [WBTC.b-USDC]L +0.0338% / S −0.0164%1h93.453+0.142%$1.4M—100xas long as short
BloFin HYPE-USDT+0.0340%4h93.348+0.030%$17.1M$12.5M75xas long as short
HTX HYPE-USDT+0.0353%4h93.575+0.273%$1.5M$7.6M75xas long as short
RISEx HYPE/USDC+0.0467%1h93.389+0.074%$2.8M$6.8M20xas long as short
Kraken Futures PF_HYPEUSD+0.0573%1h93.490+0.182%$19.2M$25.9M50xas long as short