Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.061%
Price spread now: Arcus against Pacifica−0.044%7-day average −0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$19as in the Price arb table
costs, in and out, $10k−$160.157% of the position
Funding, last 3 days (all we have)−0.072%−$7 on $10k
+Price spread, last 7 days+0.077%+$8 · spread now −0.044%, 7d avg −0.013%
=Together, before fees+0.005%+ Points / potential airdropPacifica: Active · farm board$0 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Arcus is 0.031% cheaper against Pacifica than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.013%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica HYPE | 93.430 | 0.0100 | pay 0.0013% / 1h | 40m 16s | $10.0M | $14.5M | 20x |
| Short | Arcus HYPE-USD | 93.389 | 0.0100 | get 0.0013% / 1h | 40m 16s | $1.2M | $4.0M | 10x |
Pacifica HYPE
Arcus HYPE-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against Pacifica. 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
- $0
- Price spread: −0.044% → −0.013%
- −$3.1
- Slippage, 4 orders
- −$3.17
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$18.77
- Costs to cover
- 0.157%
- Break-even
- never at this rate
Slippage from Pacifica: live order book, 4 min ago; Arcus: live order book, 4 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 Pacifica live order book, 4 min ago | 0.11 bp | 4.6 bp −$5 | doesn't fit | doesn't fit | doesn't fit |
| Sell Arcus live order book, 4 min ago | 0.43 bp | 3.2 bp −$3 | 8.8 bp −$88 | 32.4 bp −$3,241 | 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 | −0.1200% | 1h | 93.360 | −0.075% | $197K | $233K | 7x | as long as short |
| Ondo Perps HYPE-USD.P | −0.0250% | 1h | 93.330 | −0.107% | $700K | $943K | 10x | as long as short |
| Aftermath Perps HYPEUSD | −0.0217% | 1h | 93.397 | −0.035% | $22K | $22K | 10x | as long as short |
| 01 Exchange HYPEUSD | −0.0088% | 1h | 93.425 | −0.005% | $89K | $345K | 20x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 93.404 | −0.028% | $3K | $331 | 25x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 93.398 | −0.034% | $127K | $32K | 5x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 93.404 | −0.028% | $23K | $343K | 10x | as long as short |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0001% | 1h | 93.438 | +0.008% | $20K | — | 150x | as long as short |
| Derive HYPE-PERP | +0.0003% | 1h | 93.363 | −0.072% | $16.4M | $7.1M | 10x | as long as short |
| Aster HYPEUSDT | +0.0011% | 4h | 93.403 | −0.029% | $8.9M | $35.9M | 300x | as long as short |
Hibachi HYPE/USDT-P
Ondo Perps HYPE-USD.P
Aftermath Perps HYPEUSD
01 Exchange HYPEUSD
Hotstuff HYPE-PERP
dYdX HYPE-USD
Perpl HYPE
gTrade (Gains Network) HYPE/USD
Derive HYPE-PERP
Aster HYPEUSDTShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate HYPE_USDT | +0.0014% | 4h | 93.410 | −0.021% | $44.1M | $56.5M | 75x | as long as short |
| Bullet HYPE-USD | +0.0026% | 1h | 93.400 | −0.032% | $112K | $582K | 20x | as long as short |
| Bybit HYPEUSDT | +0.0037% | 8h | 93.400 | −0.032% | $325.4M | $287.8M | 75x | as long as short |
| Phoenix HYPE | +0.0068% | 1h | 93.527 | +0.104% | $216K | $1.2M | 10x | as long as short |
| Orderly PERP_HYPE_USDC | +0.0073% | 4h | 93.412 | −0.019% | $180K | $529K | 20x | as long as short |
| Popdex HYPEUSDT | +0.0088% | 1h | 93.406 | −0.026% | $56K | $1.2M | 50x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 93.461 | +0.034% | $18.5M | $59.4M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 93.434 | +0.004% | $3.1M | $12.3M | 20x | as long as short |
| Katana Perps HYPE-USD | +0.0100% | 8h | 93.450 | +0.021% | $40K | $1.7M | 10x | as long as short |
| Paradex HYPE-USD-PERP | +0.0100% | 8h | 93.449 | +0.020% | $339K | $171K | 20x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 93.406 | −0.026% | $6.0M | $44.2M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 93.470 | +0.043% | $2.03B | $670.1M | 10x | as long as short |
| Pacifica HYPElong | +0.0100% | 1h | 93.430 | long leg | $10.0M | $14.5M | 20x | |
| Binance HYPEUSDT | +0.0100% | 4h | 93.414 | −0.017% | $385.6M | $888.4M | 75x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0100% | 8h | 93.390 | −0.043% | $114.8M | $315.4M | 50x | as long as short |
| Arcus HYPE-USDshort | +0.0100% | 1h | 93.389 | −0.044% | $1.2M | $4.0M | 10x | |
| Bulk HYPE-USD | +0.0100% | 1h | 93.403 | −0.029% | $204K | $12K | 10x | as long as short |
| MEXC HYPE_USDT | +0.0100% | 4h | 93.410 | −0.021% | $92.7M | $82.0M | 100x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 93.427 | −0.003% | $46.3M | $19.1M | 75x | as long as short |
| Bitget HYPEUSDT | +0.0100% | 4h | 93.428 | −0.002% | $226.8M | $102.1M | 75x | as long as short |
| BingX HYPE-USDT | +0.0100% | 4h | 93.401 | −0.031% | — | $54.2M | — | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 93.442 | +0.013% | $7.9M | $11.7M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 93.375 | −0.058% | $28.9M | $49.9M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 93.413 | −0.018% | $7.5M | $45.1M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 93.428 | −0.002% | $406K | $1.0M | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 93.428 | −0.002% | $675K | $2.4M | 20x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 93.446 | +0.017% | — | $454K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 93.446 | +0.017% | $493K | $2.6M | 20x | as long as short |
| Bluefin HYPE-PERP | +0.0100% | 1h | 93.410 | −0.021% | $76K | $169K | 20x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 93.447 | +0.018% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 93.389 | −0.044% | $2.0M | $2.0M | 10x | as long as short |
| Phemex HYPEUSDT | +0.0100% | 8h | 93.397 | −0.035% | $12.7M | $2.6M | 50x | as long as short |
| Kalshi KXHYPEPERP | +0.0103% | 8h | 93.527 | +0.104% | $1.9M | $5.4M | 2.3x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 93.380 | −0.054% | $18.4M | $41.1M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0104% | 1h | 93.371 | −0.063% | $397K | $318K | 20x | as long as short |
| edgeX HYPEUSDC | +0.0117% | 4h | 93.402 | −0.030% | $5.1M | $29.6M | 30x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0208% | 1h | 93.510 | +0.086% | $4.9M | $5.7M | 50x | as long as short |
| Reya HYPERUSDPERP | +0.0245% | 1h | 93.417 | −0.014% | $78K | $158K | 15x | as long as short |
| Injective HYPE/USDC PERP | +0.0285% | 1h | 93.270 | −0.171% | $30K | $231K | 12x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0296% | 1h | 93.507 | +0.082% | $7.4M | $4.6M | 50x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0338% / S −0.0164% | 1h | 93.453 | +0.024% | $1.4M | — | 100x | as long as short |
| BloFin HYPE-USDT | +0.0340% | 4h | 93.348 | −0.088% | $17.1M | $12.5M | 75x | as long as short |
| HTX HYPE-USDT | +0.0353% | 4h | 93.575 | +0.155% | $1.5M | $7.6M | 75x | as long as short |
| RISEx HYPE/USDC | +0.0467% | 1h | 93.477 | +0.050% | $2.7M | $6.8M | 20x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0573% | 1h | 93.490 | +0.064% | $19.2M | $25.9M | 50x | as long as short |
Gate HYPE_USDT
Bullet HYPE-USD
Bybit HYPEUSDT
Phoenix HYPE
Orderly PERP_HYPE_USDC
Popdex HYPEUSDT
Lighter HYPE
Lighter RH HYPE
Katana Perps HYPE-USD
Paradex HYPE-USD-PERP
Nado HYPE-PERP
Hyperliquid 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
Vest HYPE-PERP
Polymarket Perps HYPE-USD
Bluefin HYPE-PERP
SunX HYPE-USDT
SoDEX HYPE-USD
Phemex HYPEUSDT
Kalshi KXHYPEPERP
Extended HYPE-USD
Aevo HYPE-PERP
edgeX HYPEUSDC
Coinbase International HYPE-PERP-INTX
Reya HYPERUSDPERP
Injective HYPE/USDC PERP
Deribit HYPE_USDC-PERPETUAL
GMX HYPE/USD [WBTC.b-USDC]
BloFin HYPE-USDT
HTX HYPE-USDT
RISEx HYPE/USDC
Kraken Futures PF_HYPEUSD