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

HYPE

all HYPE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h +0.001%
Price spread now: Extended against Pacifica−0.022%7-day average −0.026% · 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 7 days+0.117%+$12 on $10k
Price spread, last 7 days+0.027%+$3 · spread now −0.022%, 7d avg −0.026%
Together, before fees+0.143%+ Points / potential airdropPacifica: Active · Extended: Active · farm board+$14 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica HYPE92.9160.0100pay 0.0013% / 1h51m 39s$9.9M$14.4M20x
ShortExtended HYPE-USD92.8950.0104get 0.0013% / 1h51m 39s$18.3M$42.2M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$0.84
Price spread: −0.022% → −0.026%
$0.35
Slippage, 4 orders
no order book: not counted
Fee Pacifica: 4 bp × 2 orders
−$8
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$11.81
Costs to cover
0.130%
Break-even
105.5 days
Slippage unknown: Pacifica: live order book, 2 min ago; Extended: live order book, 2 min ago. 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, 2 min ago0.05 bp4.2 bp −$4doesn't fitdoesn't fitdoesn't fit
Sell Extended live order book, 2 min ago0.05 bp4.0 bp −$45.4 bp −$5427.0 bp −$2,705doesn't fit

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
Aftermath Perps HYPEUSD−0.0295%1h93.123+0.223%$22K$22K10xas long as short
Arcus HYPE-USD−0.0131%1h92.865−0.055%$1.2M$4.0M10xas long as short
Hotstuff HYPE-PERP−0.0080%1h92.931+0.016%$3K$33125xas long as short
Hibachi HYPE/USDT-P−0.0048%1h93.010+0.101%$196K$231K7xas long as short
Derive HYPE-PERP−0.0012%1h92.913−0.003%$16.3M$7.1M10xas long as short
01 Exchange HYPEUSD−0.0008%1h92.910−0.007%$90K$365K20xas long as short
Aster HYPEUSDT0.0000%4h92.915−0.001%$8.9M$35.9M300xas long as short
dYdX HYPE-USD0.0000%1h93.009+0.100%$127K$32K5xas long as short
Kalshi KXHYPEPERP0.0000%8h92.970+0.058%$1.9M$5.3M2.3xas long as short
Perpl HYPE0.0000%43m92.995+0.085%$23K$331K10xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) HYPE/USDL +0.0002% / S −0.0001%1h93.009+0.100%$20K150xas long as short
Popdex HYPEUSDT+0.0008%1h92.894−0.024%$56K$1.2M50xas long as short
Bybit HYPEUSDT+0.0032%8h92.900−0.017%$323.1M$286.6M75xas long as short
Phoenix HYPE+0.0034%1h93.222+0.329%$216K$1.2M10xas long as short
Ondo Perps HYPE-USD.P+0.0038%1h92.840−0.082%$697K$921K10xas long as short
Orderly PERP_HYPE_USDC+0.0042%4h92.992+0.082%$165K$515K20xas long as short
Gate HYPE_USDT+0.0052%4h92.913−0.003%$43.9M$56.8M75xas long as short
Bullet HYPE-USD+0.0081%1h92.973+0.061%$112K$579K20xas long as short
Lighter HYPE+0.0096%1h92.954+0.041%$18.4M$58.5M20xas long as short
Lighter RH HYPE+0.0096%1h92.937+0.023%$3.0M$12.0M20xas long as short
Paradex HYPE-USD-PERP+0.0099%8h92.911−0.006%$337K$170K20xas long as short
Katana Perps HYPE-USD+0.0100%8h92.880−0.039%$40K$1.6M10xas long as short
Nado HYPE-PERP+0.0100%1h92.943+0.030%$5.9M$44.1M10xas long as short
Hyperliquid HYPE+0.0100%1h92.960+0.047%$2.02B$669.9M10xas long as short
Pacifica HYPElong+0.0100%1h92.916long leg$9.9M$14.4M20x
Binance HYPEUSDT+0.0100%4h92.925+0.010%$382.4M$891.7M75xas long as short
OKX HYPE-USDT-SWAP+0.0100%8h92.876−0.043%$114.0M$313.5M50xas long as short
Bulk HYPE-USD+0.0100%1h92.884−0.034%$203K$10K10xas long as short
MEXC HYPE_USDT+0.0100%4h92.900−0.017%$90.6M$81.3M100xas long as short
KuCoin HYPEUSDTM+0.0100%4h92.923+0.007%$47.0M$19.0M75xas long as short
Bitget HYPEUSDT+0.0100%4h92.902−0.015%$225.2M$102.9M75xas long as short
BingX HYPE-USDT+0.0100%4h92.891−0.027%$54.2Mas long as short
Backpack HYPE_USDC_PERP+0.0100%1h93.017+0.109%$7.8M$11.7M20xas long as short
Variational Omni HYPE+0.0100%8h93.107+0.206%$29.0M$50.3Mas long as short
GRVT HYPE_USDT_Perp+0.0100%4h93.245+0.354%$7.5M$44.9M10xas long as short
ApeX Omni HYPEUSDT+0.0100%1h93.221+0.328%$412K$1.0M50xas long as short
StandX HYPE-USD+0.0100%1h93.100+0.198%$673K$2.5M20xas long as short
Polymarket Perps HYPE-USD+0.0100%1h93.018+0.110%$492K$2.6M20xas long as short
Bluefin HYPE-PERP+0.0100%1h92.991+0.081%$75K$167K20xas long as short
SunX HYPE-USDT+0.0100%4h93.001+0.091%$32K$1.6M20xas long as short
SoDEX HYPE-USD+0.0100%1h92.986+0.075%$2.0M$2.0M10xas long as short
Phemex HYPEUSDT+0.0100%8h92.991+0.081%$12.7M$2.6M50xas long as short
Vest HYPE-PERP+0.0100%1h93.029+0.122%$454K5xas long as short
Extended HYPE-USDshort+0.0104%1h92.895−0.022%$18.3M$42.2M50x
Aevo HYPE-PERP+0.0104%1h92.990+0.080%$396K$318K20xas long as short
edgeX HYPEUSDC+0.0119%4h93.037+0.130%$5.1M$29.5M30xas long as short
Coinbase International HYPE-PERP-INTX+0.0176%1h93.050+0.144%$4.9M$5.7M50xas long as short
Injective HYPE/USDC PERP+0.0239%1h92.990+0.080%$30K$338K12xas long as short
Reya HYPERUSDPERP+0.0246%1h92.973+0.061%$77K$158K15xas long as short
RISEx HYPE/USDC+0.0280%1h92.959+0.046%$2.7M$6.8M20xas long as short
HTX HYPE-USDT+0.0295%4h93.172+0.275%$1.5M$7.6M75xas long as short
GMX HYPE/USD [WBTC.b-USDC]L +0.0338% / S −0.0158%1h93.003+0.094%$1.5M100xas long as short
BloFin HYPE-USDT+0.0340%4h93.007+0.098%$17.0M$12.4M75xas long as short
Deribit HYPE_USDC-PERPETUAL+0.0406%1h93.097+0.195%$7.4M$4.6M50xas long as short
Kraken Futures PF_HYPEUSD+0.0467%1h93.104+0.203%$20.8M$28.4M50xas long as short