Funding you earn now, next payment 00:00 UTC−0.0042%/8h= −4.6% APRnext payment −$0.21 per $10,000 · paid last 24h +0.030%
Price spread now: Aster against Orderly+0.001%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 7 days+0.144%+$14 on $10k
+Price spread, last 3 days (all we have)+0.100%+$10 · spread now +0.001%, 7d avg −0.004%
=Together, before fees+0.243%+ Points / potential airdropAster: Stage 5 · farm board+$24 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.004%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.144%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_HYPE_USDC | 93.130 | 0.0047 | pay 0.0023% / 4h | 1h 55m | $165K | $515K | 20x |
| Short | Aster HYPEUSDT | 93.131 | 0.0005 | get 0.0003% / 4h | 1h 55m | $8.9M | $35.8M | 300x |
Orderly PERP_HYPE_USDC
Aster HYPEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Orderly. 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
- −$8.73
- Price spread: +0.001% → −0.004%
- $0.47
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$22.26
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; Aster: live order book, 3 min ago. 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 Orderly no order-book sample | — | — | — | — | — |
| Sell Aster live order book, 3 min ago | 0.54 bp | 4.6 bp −$5 | 5.5 bp −$55 | 12.5 bp −$1,254 | doesn't fit |
Orderly: 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 | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps HYPEUSD | −0.0273% | 1h | 93.211 | +0.087% | $22K | $22K | 10x | as long as short |
| Arcus HYPE-USD | −0.0131% | 1h | 93.127 | −0.003% | $1.2M | $4.1M | 10x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 93.132 | +0.002% | $3K | $331 | 25x | as long as short |
| Derive HYPE-PERP | −0.0033% | 1h | 93.053 | −0.083% | $16.3M | $7.1M | 10x | as long as short |
| Hibachi HYPE/USDT-P | −0.0008% | 1h | 93.058 | −0.077% | $197K | $231K | 7x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 93.124 | −0.006% | $127K | $32K | 5x | as long as short |
| 01 Exchange HYPEUSD | 0.0000% | 1h | 93.159 | +0.031% | $90K | $362K | 20x | as long as short |
| Kalshi KXHYPEPERP | 0.0000% | 8h | 93.243 | +0.121% | $1.9M | $5.3M | 2.3x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 93.129 | −0.001% | $23K | $334K | 10x | as long as short |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0001% | 1h | 93.150 | +0.021% | $20K | — | 150x | as long as short |
Aftermath Perps HYPEUSD
Arcus HYPE-USD
Hotstuff HYPE-PERP
Derive HYPE-PERP
Hibachi HYPE/USDT-P
dYdX HYPE-USD
01 Exchange HYPEUSD
Kalshi KXHYPEPERP
Perpl HYPE
gTrade (Gains Network) HYPE/USDShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster HYPEUSDTshort | +0.0005% | 4h | 93.131 | +0.001% | $8.9M | $35.8M | 300x | |
| Bybit HYPEUSDT | +0.0029% | 8h | 93.150 | +0.021% | $324.3M | $286.6M | 75x | as long as short |
| Gate HYPE_USDT | +0.0042% | 4h | 93.155 | +0.027% | $44.1M | $56.7M | 75x | as long as short |
| Orderly PERP_HYPE_USDClong | +0.0047% | 4h | 93.130 | long leg | $165K | $515K | 20x | |
| Popdex HYPEUSDT | +0.0048% | 1h | 93.124 | −0.006% | $56K | $1.2M | 50x | as long as short |
| Phoenix HYPE | +0.0068% | 1h | 93.222 | +0.099% | $215K | $1.2M | 10x | as long as short |
| Ondo Perps HYPE-USD.P | +0.0086% | 1h | 93.030 | −0.107% | $699K | $930K | 10x | as long as short |
| Vest HYPE-PERP | +0.0092% | 1h | 93.149 | +0.021% | — | $454K | 5x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 93.184 | +0.058% | $18.6M | $58.2M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 93.152 | +0.024% | $3.0M | $12.0M | 20x | as long as short |
| Paradex HYPE-USD-PERP | +0.0099% | 8h | 93.161 | +0.034% | $338K | $170K | 20x | as long as short |
| Katana Perps HYPE-USD | +0.0100% | 8h | 93.170 | +0.043% | $40K | $1.6M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 93.112 | −0.019% | $5.9M | $44.1M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 93.164 | +0.037% | $2.03B | $674.4M | 10x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 93.176 | +0.049% | $10.0M | $14.4M | 20x | as long as short |
| Binance HYPEUSDT | +0.0100% | 4h | 93.159 | +0.031% | $384.1M | $891.1M | 75x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0100% | 8h | 93.156 | +0.028% | $114.4M | $314.7M | 50x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 93.271 | +0.152% | $204K | $12K | 10x | as long as short |
| MEXC HYPE_USDT | +0.0100% | 4h | 93.152 | +0.024% | $91.3M | $81.2M | 100x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 93.138 | +0.009% | $47.0M | $19.0M | 75x | as long as short |
| Bitget HYPEUSDT | +0.0100% | 4h | 93.163 | +0.035% | $226.0M | $102.8M | 75x | as long as short |
| BingX HYPE-USDT | +0.0100% | 4h | 93.144 | +0.015% | — | $54.1M | — | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 93.162 | +0.034% | $7.8M | $11.7M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 93.252 | +0.131% | $29.1M | $50.3M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 93.313 | +0.196% | $7.5M | $44.8M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 93.276 | +0.157% | $405K | $1.0M | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 93.082 | −0.052% | $673K | $2.5M | 20x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 93.155 | +0.027% | $492K | $2.6M | 20x | as long as short |
| Bullet HYPE-USD | +0.0100% | 1h | 93.103 | −0.029% | $112K | $580K | 20x | as long as short |
| Bluefin HYPE-PERP | +0.0100% | 1h | 93.105 | −0.027% | $76K | $168K | 20x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 93.151 | +0.023% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 93.109 | −0.023% | $2.0M | $2.0M | 10x | as long as short |
| Phemex HYPEUSDT | +0.0100% | 8h | 93.129 | −0.001% | $12.7M | $2.6M | 50x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 93.145 | +0.016% | $18.3M | $41.8M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0104% | 1h | 93.120 | −0.010% | $396K | $318K | 20x | as long as short |
| edgeX HYPEUSDC | +0.0112% | 4h | 93.244 | +0.123% | $5.1M | $29.3M | 30x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0176% | 1h | 93.200 | +0.075% | $4.9M | $5.7M | 50x | as long as short |
| Injective HYPE/USDC PERP | +0.0239% | 1h | 93.070 | −0.064% | $30K | $338K | 12x | as long as short |
| Reya HYPERUSDPERP | +0.0246% | 1h | 93.115 | −0.016% | $78K | $158K | 15x | as long as short |
| RISEx HYPE/USDC | +0.0280% | 1h | 93.229 | +0.106% | $2.8M | $6.8M | 20x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0287% | 1h | 93.216 | +0.092% | $7.4M | $4.6M | 50x | as long as short |
| HTX HYPE-USDT | +0.0301% | 4h | 93.344 | +0.230% | $1.5M | $7.6M | 75x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0338% / S −0.0165% | 1h | 93.130 | 0.000% | $1.4M | — | 100x | as long as short |
| BloFin HYPE-USDT | +0.0340% | 4h | 93.053 | −0.083% | $17.0M | $12.4M | 75x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0466% | 1h | 93.250 | +0.129% | $20.8M | $28.3M | 50x | as long as short |
Bybit HYPEUSDT
Gate HYPE_USDT
Popdex HYPEUSDT
Phoenix HYPE
Ondo Perps HYPE-USD.P
Vest HYPE-PERP
Lighter HYPE
Lighter RH HYPE
Paradex HYPE-USD-PERP
Katana Perps HYPE-USD
Nado HYPE-PERP
Hyperliquid HYPE
Pacifica HYPE
Binance HYPEUSDT
OKX HYPE-USDT-SWAP
Bulk HYPE-USD
MEXC HYPE_USDT
KuCoin HYPEUSDTM
Bitget HYPEUSDT
BingX HYPE-USDT
Backpack HYPE_USDC_PERP
Variational Omni HYPE
GRVT HYPE_USDT_Perp
ApeX Omni HYPEUSDT
StandX HYPE-USD
Polymarket Perps HYPE-USD
Bullet HYPE-USD
Bluefin HYPE-PERP
SunX HYPE-USDT
SoDEX HYPE-USD
Phemex HYPEUSDT
Extended HYPE-USD
Aevo HYPE-PERP
edgeX HYPEUSDC
Coinbase International HYPE-PERP-INTX
Injective HYPE/USDC PERP
Reya HYPERUSDPERP
RISEx HYPE/USDC
Deribit HYPE_USDC-PERPETUAL
HTX HYPE-USDT
GMX HYPE/USD [WBTC.b-USDC]
BloFin HYPE-USDT
Kraken Futures PF_HYPEUSD