Funding you earn now, next payment 07:00 UTC−0.0127%/8h= −13.9% APRnext payment −$0.16 per $10,000 · paid last 24h +0.013%
Price spread now: Bluefin against Pacifica+0.014%7-day average −0.027% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.024%−$2 on $10k
+Price spread, last 4 days (all we have)−0.075%−$7 · spread now +0.014%, 7d avg −0.027%
=Together, before fees−0.099%+ Points / potential airdropPacifica: Active · farm board−$10 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bluefin is 0.041% dearer against Pacifica than usual: you sell high and buy low (spread +0.014% now, against its 7-day average of −0.027%): +$4 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 26 hours. At the pace of the last 7 days (−0.024% in total) that is about 12 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica HYPE | 93.468 | 0.0100 | pay 0.0013% / 1h | 39m 01s | $10.1M | $15.4M | 20x |
| Short | Bluefin HYPE-PERP | 93.481 | −0.0027 | pay 0.0003% / 1h | 39m 01s | $79K | $155K | 20x |
Pacifica HYPE
Bluefin HYPE-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bluefin 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
- −$26.62
- Price spread: +0.014% → −0.027%
- $4.11
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Bluefin: 3.5 bp × 2 orders
- −$7
- Net
- −$37.51
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Pacifica: live order book, 5 min ago; Bluefin: live order book, 5 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 Pacifica live order book, 5 min ago | 0.32 bp | 4.5 bp −$4 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bluefin live order book, 5 min ago | 3.63 bp | 14.9 bp −$15 | doesn't fit | doesn't fit | 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 | −0.1064% | 1h | 93.455 | −0.014% | $198K | $241K | 7x | as long as short |
| Aftermath Perps HYPEUSD | −0.0205% | 1h | 93.604 | +0.146% | $22K | $21K | 10x | as long as short |
| Ondo Perps HYPE-USD.P | −0.0111% | 1h | 93.420 | −0.051% | $704K | $1.2M | 10x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 93.445 | −0.025% | $3K | $331 | 25x | as long as short |
| Bullet HYPE-USD | −0.0068% | 1h | 93.470 | +0.002% | $111K | $580K | 20x | as long as short |
| 01 Exchange HYPEUSD | −0.0056% | 1h | 93.476 | +0.009% | $86K | $369K | 20x | as long as short |
| Bluefin HYPE-PERPshort | −0.0027% | 1h | 93.481 | +0.014% | $79K | $155K | 20x | |
| Orderly PERP_HYPE_USDC | −0.0021% | 4h | 93.453 | −0.016% | $145K | $685K | 20x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 93.447 | −0.022% | $128K | $28K | 5x | as long as short |
| Kalshi KXHYPEPERP | 0.0000% | 8h | 93.526 | +0.062% | $1.8M | $5.6M | 2.3x | as long as short |
Hibachi HYPE/USDT-P
Aftermath Perps HYPEUSD
Ondo Perps HYPE-USD.P
Hotstuff HYPE-PERP
Bullet HYPE-USD
01 Exchange HYPEUSD
Orderly PERP_HYPE_USDC
dYdX HYPE-USD
Kalshi KXHYPEPERPShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Perpl HYPE | 0.0000% | 43m | 93.472 | +0.004% | $20K | $289K | 10x | as long as short |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0001% | 1h | 93.507 | +0.042% | $83K | — | 150x | as long as short |
| Bybit HYPEUSDT | +0.0004% | 8h | 93.417 | −0.055% | $315.2M | $288.3M | 75x | as long as short |
| BingX HYPE-USDT | +0.0004% | 4h | 93.447 | −0.022% | — | $53.8M | — | as long as short |
| Derive HYPE-PERP | +0.0010% | 1h | 93.422 | −0.049% | $16.2M | $7.4M | 10x | as long as short |
| Phoenix HYPE | +0.0017% | 1h | 93.512 | +0.047% | $209K | $1.1M | 10x | as long as short |
| Bitget HYPEUSDT | +0.0040% | 4h | 93.427 | −0.044% | $225.0M | $99.7M | 75x | as long as short |
| Paradex HYPE-USD-PERP | +0.0077% | 8h | 93.471 | +0.003% | $334K | $161K | 20x | as long as short |
| Arcus HYPE-USD | +0.0084% | 1h | 93.425 | −0.046% | $1.0M | $4.0M | 10x | as long as short |
| Phemex HYPEUSDT | +0.0089% | 8h | 93.500 | +0.034% | $12.8M | $2.8M | 50x | as long as short |
| edgeX HYPEUSDC | +0.0095% | 4h | 93.515 | +0.050% | $5.0M | $30.5M | 30x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 93.481 | +0.014% | $16.1M | $63.8M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 93.483 | +0.016% | $3.1M | $11.1M | 20x | as long as short |
| Popdex HYPEUSDT | +0.0096% | 1h | 93.448 | −0.021% | $78K | $1.2M | 50x | as long as short |
| Katana Perps HYPE-USD | +0.0100% | 8h | 93.450 | −0.019% | $22K | $1.7M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 93.446 | −0.023% | $7.4M | $51.0M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 93.563 | +0.102% | $2.05B | $680.2M | 10x | as long as short |
| Aster HYPEUSDT | +0.0100% | 4h | 93.448 | −0.021% | $8.8M | $37.2M | 300x | as long as short |
| Pacifica HYPElong | +0.0100% | 1h | 93.468 | long leg | $10.1M | $15.4M | 20x | |
| Binance HYPEUSDT | +0.0100% | 4h | 93.456 | −0.013% | $374.6M | $930.2M | 75x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0100% | 8h | 93.419 | −0.052% | $115.4M | $315.2M | 50x | as long as short |
| Gate HYPE_USDT | +0.0100% | 4h | 93.452 | −0.017% | $48.4M | $55.2M | 75x | as long as short |
| MEXC HYPE_USDT | +0.0100% | 4h | 93.438 | −0.032% | $89.4M | $83.8M | 100x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 93.451 | −0.018% | $46.3M | $18.7M | 75x | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 93.476 | +0.009% | $7.2M | $10.6M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 93.479 | +0.011% | $28.6M | $56.1M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 93.540 | +0.078% | $7.5M | $48.2M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 93.577 | +0.117% | $347K | $1.0M | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 93.534 | +0.071% | $677K | $2.7M | 20x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 93.529 | +0.065% | — | $243K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 93.500 | +0.034% | $469K | $2.8M | 20x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 93.537 | +0.074% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 93.473 | +0.005% | $2.0M | $1.9M | 10x | as long as short |
| HTX HYPE-USDT | +0.0100% | 4h | 93.593 | +0.134% | $1.4M | $6.7M | 75x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 93.507 | +0.042% | $216K | $15K | 10x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 93.404 | −0.068% | $18.2M | $43.3M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0104% | 1h | 93.468 | 0.000% | $395K | $159K | 20x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0120% | 1h | 93.450 | −0.019% | $4.7M | $6.1M | 50x | as long as short |
| Injective HYPE/USDC PERP | +0.0205% | 1h | 93.380 | −0.094% | $30K | $339K | 12x | as long as short |
| Reya HYPERUSDPERP | +0.0271% | 1h | 93.474 | +0.006% | $77K | $129K | 15x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0317% | 1h | 93.573 | +0.112% | $7.4M | $4.2M | 50x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0332% / S −0.0154% | 1h | 93.504 | +0.039% | $1.4M | — | 100x | as long as short |
| BloFin HYPE-USDT | +0.0340% | 4h | 93.496 | +0.030% | $17.0M | $12.2M | 75x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0416% | 1h | 93.572 | +0.112% | $20.9M | $29.6M | 50x | as long as short |
| RISEx HYPE/USDC | +0.0559% | 1h | 93.484 | +0.018% | $3.2M | $6.4M | 20x | as long as short |
Perpl HYPE
gTrade (Gains Network) HYPE/USD
Bybit HYPEUSDT
BingX HYPE-USDT
Derive HYPE-PERP
Phoenix HYPE
Bitget HYPEUSDT
Paradex HYPE-USD-PERP
Arcus HYPE-USD
Phemex HYPEUSDT
edgeX HYPEUSDC
Lighter HYPE
Lighter RH HYPE
Popdex HYPEUSDT
Katana Perps HYPE-USD
Nado HYPE-PERP
Hyperliquid HYPE
Aster HYPEUSDT
Binance HYPEUSDT
OKX HYPE-USDT-SWAP
Gate HYPE_USDT
MEXC HYPE_USDT
KuCoin HYPEUSDTM
Backpack HYPE_USDC_PERP
Variational Omni HYPE
GRVT HYPE_USDT_Perp
ApeX Omni HYPEUSDT
StandX HYPE-USD
Vest HYPE-PERP
Polymarket Perps HYPE-USD
SunX HYPE-USDT
SoDEX HYPE-USD
HTX HYPE-USDT
Bulk HYPE-USD
Extended HYPE-USD
Aevo HYPE-PERP
Coinbase International HYPE-PERP-INTX
Injective HYPE/USDC PERP
Reya HYPERUSDPERP
Deribit HYPE_USDC-PERPETUAL
GMX HYPE/USD [WBTC.b-USDC]
BloFin HYPE-USDT
Kraken Futures PF_HYPEUSD
RISEx HYPE/USDC