Settings8H · net · $10k
Funding arb · Price arb /

HYPE

all HYPE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0308%/8h= −33.7% APRnext payment $0.38 per $10,000 · paid last 24h +0.014%
Price spread now: Aftermath Perps against Pacifica−0.043%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropPacifica: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Aftermath Perps is 0.043% cheaper against Pacifica than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica HYPE93.4300.0100pay 0.0013% / 1h40m 27s$10.0M$14.5M20x
ShortAftermath Perps HYPEUSD93.390−0.0208pay 0.0026% / 1h40m 27s$22K$22K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aftermath Perps against Pacifica. 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
−$64.61
Price spread: −0.043% → 0.000%
−$4.29
Slippage, 4 orders
no order book: not counted
Fee Pacifica: 4 bp × 2 orders
−$8
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Net
−$85.9
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: Pacifica: live order book, 4 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 Pacifica live order book, 4 min ago0.11 bp4.6 bp −$5doesn't fitdoesn't fitdoesn't fit
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
Hibachi HYPE/USDT-P−0.1200%1h93.360−0.075%$197K$233K7xas long as short
Ondo Perps HYPE-USD.P−0.0250%1h93.330−0.107%$700K$943K10xas long as short
Aftermath Perps HYPEUSDshort−0.0208%1h93.390−0.043%$22K$22K10x
01 Exchange HYPEUSD−0.0088%1h93.425−0.005%$89K$345K20xas long as short
Hotstuff HYPE-PERP−0.0080%1h93.404−0.028%$3K$33125xas long as short
dYdX HYPE-USD0.0000%1h93.398−0.034%$127K$32K5xas long as short
Perpl HYPE0.0000%43m93.397−0.035%$23K$343K10xas long as short
gTrade (Gains Network) HYPE/USDL +0.0002% / S −0.0001%1h93.421−0.009%$20K150xas long as short
Derive HYPE-PERP+0.0003%1h93.349−0.087%$16.4M$7.1M10xas long as short
Aster HYPEUSDT+0.0011%4h93.403−0.029%$8.9M$35.9M300xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate HYPE_USDT+0.0014%4h93.410−0.021%$44.1M$56.5M75xas long as short
Bullet HYPE-USD+0.0029%1h93.376−0.057%$112K$582K20xas long as short
Bybit HYPEUSDT+0.0037%8h93.400−0.032%$325.4M$287.8M75xas long as short
Phoenix HYPE+0.0068%1h93.527+0.104%$216K$1.2M10xas long as short
Orderly PERP_HYPE_USDC+0.0073%4h93.393−0.040%$180K$529K20xas long as short
Popdex HYPEUSDT+0.0088%1h93.406−0.026%$56K$1.2M50xas long as short
Lighter HYPE+0.0096%1h93.470+0.042%$18.5M$59.4M20xas long as short
Lighter RH HYPE+0.0096%1h93.435+0.005%$3.1M$12.3M20xas long as short
Katana Perps HYPE-USD+0.0100%8h93.450+0.021%$40K$1.7M10xas long as short
Paradex HYPE-USD-PERP+0.0100%8h93.449+0.020%$339K$171K20xas long as short
Nado HYPE-PERP+0.0100%1h93.406−0.026%$6.0M$44.2M10xas long as short
Hyperliquid HYPE+0.0100%1h93.474+0.047%$2.03B$670.0M10xas long as short
Pacifica HYPElong+0.0100%1h93.430long leg$10.0M$14.5M20x
Binance HYPEUSDT+0.0100%4h93.420−0.011%$385.6M$888.3M75xas long as short
OKX HYPE-USDT-SWAP+0.0100%8h93.401−0.031%$114.8M$315.4M50xas long as short
Arcus HYPE-USD+0.0100%1h93.389−0.044%$1.2M$4.0M10xas long as short
Bulk HYPE-USD+0.0100%1h93.403−0.029%$204K$12K10xas long as short
MEXC HYPE_USDT+0.0100%4h93.403−0.029%$92.7M$82.0M100xas long as short
KuCoin HYPEUSDTM+0.0100%4h93.436+0.006%$46.3M$19.1M75xas long as short
Bitget HYPEUSDT+0.0100%4h93.432+0.002%$226.8M$102.1M75xas long as short
BingX HYPE-USDT+0.0100%4h93.401−0.031%$54.2Mas long as short
Backpack HYPE_USDC_PERP+0.0100%1h93.440+0.011%$7.9M$11.7M20xas long as short
Variational Omni HYPE+0.0100%8h93.375−0.058%$28.9M$49.9Mas long as short
GRVT HYPE_USDT_Perp+0.0100%4h93.413−0.018%$7.5M$45.1M10xas long as short
ApeX Omni HYPEUSDT+0.0100%1h93.428−0.002%$406K$1.0M50xas long as short
StandX HYPE-USD+0.0100%1h93.428−0.002%$675K$2.4M20xas long as short
Vest HYPE-PERP+0.0100%1h93.446+0.017%$454K5xas long as short
Polymarket Perps HYPE-USD+0.0100%1h93.446+0.017%$493K$2.6M20xas long as short
Bluefin HYPE-PERP+0.0100%1h93.403−0.029%$76K$169K20xas long as short
SunX HYPE-USDT+0.0100%4h93.408−0.024%$32K$1.6M20xas long as short
SoDEX HYPE-USD+0.0100%1h93.382−0.051%$2.0M$2.0M10xas long as short
Phemex HYPEUSDT+0.0100%8h93.407−0.025%$12.7M$2.6M50xas long as short
Kalshi KXHYPEPERP+0.0103%8h93.473+0.046%$1.9M$5.4M2.3xas long as short
Extended HYPE-USD+0.0104%1h93.401−0.031%$18.4M$41.1M50xas long as short
Aevo HYPE-PERP+0.0104%1h93.355−0.080%$397K$318K20xas long as short
edgeX HYPEUSDC+0.0117%4h93.402−0.030%$5.1M$29.6M30xas long as short
Coinbase International HYPE-PERP-INTX+0.0208%1h93.510+0.086%$4.9M$5.7M50xas long as short
Reya HYPERUSDPERP+0.0245%1h93.417−0.014%$78K$158K15xas long as short
Deribit HYPE_USDC-PERPETUAL+0.0253%1h93.489+0.063%$7.4M$4.6M50xas long as short
Injective HYPE/USDC PERP+0.0285%1h93.270−0.171%$30K$231K12xas long as short
GMX HYPE/USD [WBTC.b-USDC]L +0.0338% / S −0.0165%1h93.431+0.002%$1.4M100xas long as short
BloFin HYPE-USDT+0.0340%4h93.348−0.088%$17.1M$12.5M75xas long as short
HTX HYPE-USDT+0.0357%4h93.556+0.135%$1.5M$7.6M75xas long as short
RISEx HYPE/USDC+0.0467%1h93.477+0.050%$2.7M$6.8M20xas long as short
Kraken Futures PF_HYPEUSD+0.0574%1h93.477+0.051%$19.2M$25.9M50xas long as short