Funding you earn now, next payment 00:00 UTC+0.0016%/8h= +1.8% APRpaid last 24h +0.024%
Price spread now: Extended against OKX−0.074%7-day average −0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs−$11as in the Funding arb table
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$200.198% of the position
Funding, last 7 days+0.089%+$9 on $10k
+Price spread, last 7 days+0.078%+$8 · spread now −0.074%, 7d avg −0.015%
=Together, before fees+0.168%+ Points / potential airdropExtended: Active · farm board+$17 on $10k · with fees, hour by hour
Funding pays, the price is against you. Extended is 0.059% cheaper against OKX than usual: you would sell low and buy high (spread −0.074% now, against its 7-day average of −0.015%). If the spread goes back, that is −$6 on $10k: about 12 days of funding at the current rate ($0 a day). At the pace of the last 7 days (+0.089% in total) that is about 4.7 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX HYPE-USDT-SWAP | 93.957 | 0.0088 | pay 0.0088% / 8h | 2m 31s | $115.9M | $322.8M | 50x |
| Short | Extended HYPE-USD | 93.887 | 0.0104 | get 0.0013% / 1h | 2m 31s | $18.4M | $42.8M | 50x |
OKX HYPE-USDT-SWAP
Extended HYPE-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against OKX. 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
- $3.39
- Price spread: −0.074% → −0.015%
- −$5.94
- Slippage, 4 orders
- −$4.75
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$22.31
- Costs to cover
- 0.198%
- Break-even
- 53.1 days
Slippage from OKX: live order book, 2 min ago; Extended: live order book, 2 min ago.
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 OKX live order book, 2 min ago | 0.05 bp | 6.4 bp −$6 | 8.9 bp −$89 | 17.0 bp −$1,700 | doesn't fit |
| Sell Extended live order book, 2 min ago | 0.05 bp | 2.6 bp −$3 | 2.9 bp −$29 | 22.2 bp −$2,224 | doesn't fit |
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 | −0.1376% | 1h | 93.897 | −0.064% | $199K | $230K | 7x | as long as short |
| Aftermath Perps HYPEUSD | −0.0357% | 1h | 93.936 | −0.023% | $22K | $22K | 10x | as long as short |
| Arcus HYPE-USD | −0.0233% | 1h | 93.820 | −0.146% | $1.2M | $3.8M | 10x | as long as short |
| Ondo Perps HYPE-USD.P | −0.0130% | 1h | 93.950 | −0.007% | $704K | $925K | 10x | as long as short |
| 01 Exchange HYPEUSD | −0.0080% | 1h | 93.924 | −0.035% | $86K | $368K | 20x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 93.931 | −0.028% | $3K | $331 | 25x | as long as short |
| Derive HYPE-PERP | −0.0010% | 1h | 93.985 | +0.030% | $16.4M | $7.2M | 10x | as long as short |
| dYdX HYPE-USD | −0.0007% | 1h | 93.976 | +0.020% | $128K | $30K | 5x | as long as short |
| Orderly PERP_HYPE_USDC | −0.0005% | 4h | 94.050 | +0.099% | $170K | $593K | 20x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 94.081 | +0.132% | $23K | $329K | 10x | as long as short |
Hibachi HYPE/USDT-P
Aftermath Perps HYPEUSD
Arcus HYPE-USD
Ondo Perps HYPE-USD.P
01 Exchange HYPEUSD
Hotstuff HYPE-PERP
Derive HYPE-PERP
dYdX HYPE-USD
Orderly PERP_HYPE_USDC
Perpl HYPEShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0003% | 1h | 94.070 | +0.120% | $27K | — | 150x | as long as short |
| Phoenix HYPE | +0.0009% | 1h | 93.898 | −0.063% | $217K | $1.2M | 10x | as long as short |
| Aster HYPEUSDT | +0.0017% | 4h | 93.935 | −0.023% | $8.9M | $36.1M | 300x | as long as short |
| Bybit HYPEUSDT | +0.0018% | 8h | 93.924 | −0.035% | $323.3M | $284.0M | 75x | as long as short |
| Phemex HYPEUSDT | +0.0028% | 8h | 93.997 | +0.043% | $12.8M | $2.6M | 50x | as long as short |
| MEXC HYPE_USDT | +0.0046% | 4h | 93.916 | −0.044% | $88.3M | $82.3M | 100x | as long as short |
| Binance HYPEUSDT | +0.0047% | 4h | 93.933 | −0.026% | $383.9M | $898.5M | 75x | as long as short |
| edgeX HYPEUSDC | +0.0064% | 4h | 93.859 | −0.104% | $5.1M | $29.7M | 30x | as long as short |
| Popdex HYPEUSDT | +0.0064% | 1h | 93.930 | −0.029% | $60K | $1.2M | 50x | as long as short |
| Gate HYPE_USDT | +0.0068% | 4h | 93.906 | −0.054% | $44.2M | $60.1M | 75x | as long as short |
| Bullet HYPE-USD | +0.0079% | 1h | 94.020 | +0.067% | $112K | $578K | 20x | as long as short |
| OKX HYPE-USDT-SWAPlong | +0.0088% | 8h | 93.957 | long leg | $115.9M | $322.8M | 50x | |
| Lighter HYPE | +0.0096% | 1h | 93.989 | +0.034% | $18.9M | $60.4M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 93.993 | +0.038% | $3.0M | $12.3M | 20x | as long as short |
| Aevo HYPE-PERP | +0.0096% | 1h | 94.045 | +0.094% | $400K | $318K | 20x | as long as short |
| Katana Perps HYPE-USD | +0.0099% | 8h | 93.990 | +0.035% | $42K | $1.6M | 10x | as long as short |
| Paradex HYPE-USD-PERP | +0.0099% | 8h | 93.960 | +0.003% | $341K | $171K | 20x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 93.941 | −0.016% | $6.6M | $44.9M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 94.071 | +0.121% | $2.05B | $680.0M | 10x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 93.951 | −0.006% | $10.1M | $14.5M | 20x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 93.889 | −0.073% | $205K | $7K | 10x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 93.917 | −0.043% | $46.5M | $18.6M | 75x | as long as short |
| Bitget HYPEUSDT | +0.0100% | 4h | 93.915 | −0.045% | $227.5M | $102.0M | 75x | as long as short |
| BingX HYPE-USDT | +0.0100% | 4h | 93.899 | −0.062% | — | $54.0M | — | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 94.046 | +0.095% | $7.9M | $10.4M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 93.812 | −0.154% | $31.3M | $54.2M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 93.864 | −0.100% | $7.6M | $45.5M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 93.817 | −0.149% | $340K | $1.1M | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 94.046 | +0.095% | $680K | $2.5M | 20x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 94.055 | +0.105% | — | $454K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 94.070 | +0.120% | $472K | $2.5M | 20x | as long as short |
| Bluefin HYPE-PERP | +0.0100% | 1h | 94.059 | +0.109% | $76K | $171K | 20x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 94.087 | +0.138% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 94.039 | +0.087% | $2.0M | $2.0M | 10x | as long as short |
| Injective HYPE/USDC PERP | +0.0104% | 1h | 94.410 | +0.482% | $31K | $338K | 12x | as long as short |
| Extended HYPE-USDshort | +0.0104% | 1h | 93.887 | −0.074% | $18.4M | $42.8M | 50x | |
| Coinbase International HYPE-PERP-INTX | +0.0152% | 1h | 94.110 | +0.163% | $4.9M | $5.7M | 50x | as long as short |
| Kalshi KXHYPEPERP | +0.0157% | 8h | 94.091 | +0.143% | $1.9M | $5.1M | 2.3x | as long as short |
| BloFin HYPE-USDT | +0.0185% | 4h | 93.999 | +0.045% | $17.0M | $12.6M | 75x | as long as short |
| HTX HYPE-USDT | +0.0194% | 4h | 94.200 | +0.259% | $1.5M | $7.8M | 75x | as long as short |
| Reya HYPERUSDPERP | +0.0250% | 1h | 94.042 | +0.090% | $77K | $142K | 15x | as long as short |
| RISEx HYPE/USDC | +0.0284% | 1h | 93.982 | +0.027% | $2.8M | $6.9M | 20x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0338% / S −0.0163% | 1h | 94.066 | +0.116% | $1.4M | — | 100x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0473% | 1h | 94.154 | +0.210% | $7.5M | $4.6M | 50x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0576% | 1h | 94.151 | +0.206% | $21.1M | $29.5M | 50x | as long as short |
gTrade (Gains Network) HYPE/USD
Phoenix HYPE
Aster HYPEUSDT
Bybit HYPEUSDT
Phemex HYPEUSDT
MEXC HYPE_USDT
Binance HYPEUSDT
edgeX HYPEUSDC
Popdex HYPEUSDT
Gate HYPE_USDT
Bullet HYPE-USD
Lighter HYPE
Lighter RH HYPE
Aevo HYPE-PERP
Katana Perps HYPE-USD
Paradex HYPE-USD-PERP
Nado HYPE-PERP
Hyperliquid HYPE
Pacifica HYPE
Bulk HYPE-USD
KuCoin HYPEUSDTM
Bitget HYPEUSDT
BingX HYPE-USDT
Backpack HYPE_USDC_PERP
Variational Omni HYPE
GRVT HYPE_USDT_Perp
ApeX Omni HYPEUSDT
StandX HYPE-USD
Vest HYPE-PERP
Polymarket Perps HYPE-USD
Bluefin HYPE-PERP
SunX HYPE-USDT
SoDEX HYPE-USD
Injective HYPE/USDC PERP
Coinbase International HYPE-PERP-INTX
Kalshi KXHYPEPERP
BloFin HYPE-USDT
HTX HYPE-USDT
Reya HYPERUSDPERP
RISEx HYPE/USDC
GMX HYPE/USD [WBTC.b-USDC]
Deribit HYPE_USDC-PERPETUAL
Kraken Futures PF_HYPEUSD