HYPE

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0098%/8h= −10.7% APRnext payment −$0.12 per $10,000 · paid last 24h −0.029%

Price spread now: gTrade (Gains Network) against Pacifica−0.054%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Pacifica Short on gTrade (Gains Network)

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 days—no 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 −$3 a day on $10k at the current rate, and gTrade (Gains Network) is 0.054% cheaper against Pacifica than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica HYPE	93.868	0.0100	pay 0.0013% / 1h	57m 37s	$10.1M	$14.5M	20x
Short	gTrade (Gains Network) HYPE/USD	93.817	L +0.0002% / S −0.0002%	get 0.0000% / 1h	57m 37s	$28K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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

Position, each leg$Hold fordaysFee PacificabpFee gTrade (Gains Network)bpOrdersPrice spread, now −0.054%Rate

Funding earned: −$20.48
Price spread: −0.054% → 0.000%: −$5.41
Slippage, 4 orders: no order book: not counted
Fee Pacifica: 4 bp × 2 orders: −$8
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$43.89
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: Pacifica: live order book, 1 min ago; gTrade (Gains Network): 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Pacifica live order book, 1 min ago	0.05 bp	4.1 bp −$4	doesn't fit	doesn't fit	doesn't fit
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

gTrade (Gains Network): 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
Hibachi HYPE/USDT-P	−0.0504%	1h	93.704	−0.174%	$198K	$228K	7x	as long as short
Aftermath Perps HYPEUSD	−0.0491%	1h	93.590	−0.295%	$22K	$22K	10x	as long as short
Arcus HYPE-USD	−0.0233%	1h	93.768	−0.106%	$1.2M	$3.8M	10x	as long as short
Hotstuff HYPE-PERP	−0.0080%	1h	93.840	−0.030%	$3K	$331	25x	as long as short
Ondo Perps HYPE-USD.P	−0.0002%	1h	93.800	−0.072%	$701K	$903K	10x	as long as short
dYdX HYPE-USD	0.0000%	1h	93.912	+0.047%	$128K	$32K	5x	as long as short
Perpl HYPE	0.0000%	43m	93.776	−0.098%	$23K	$330K	10x	as long as short
gTrade (Gains Network) HYPE/USDshort	L +0.0002% / S −0.0002%	1h	93.817	−0.054%	$28K	—	150x
Orderly PERP_HYPE_USDC	+0.0014%	4h	93.800	−0.072%	$177K	$524K	20x	as long as short
Bybit HYPEUSDT	+0.0018%	8h	93.820	−0.051%	$324.6M	$280.9M	75x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster HYPEUSDT	+0.0020%	4h	93.845	−0.024%	$8.9M	$35.8M	300x	as long as short
Phoenix HYPE	+0.0034%	1h	93.753	−0.122%	$215K	$1.2M	10x	as long as short
Derive HYPE-PERP	+0.0059%	1h	93.750	−0.126%	$16.4M	$6.9M	10x	as long as short
Gate HYPE_USDT	+0.0064%	4h	93.826	−0.044%	$44.3M	$57.7M	75x	as long as short
MEXC HYPE_USDT	+0.0066%	4h	93.846	−0.023%	$90.7M	$80.3M	100x	as long as short
Binance HYPEUSDT	+0.0067%	4h	93.848	−0.021%	$385.2M	$885.9M	75x	as long as short
Phemex HYPEUSDT	+0.0078%	8h	93.741	−0.135%	$12.8M	$2.6M	50x	as long as short
edgeX HYPEUSDC	+0.0078%	4h	93.744	−0.131%	$5.1M	$29.6M	30x	as long as short
Lighter HYPE	+0.0096%	1h	93.880	+0.014%	$19.0M	$58.9M	20x	as long as short
Lighter RH HYPE	+0.0096%	1h	93.869	+0.001%	$3.1M	$12.2M	20x	as long as short
01 Exchange HYPEUSD	+0.0096%	1h	93.900	+0.034%	$91K	$355K	20x	as long as short
Popdex HYPEUSDT	+0.0096%	1h	93.847	−0.022%	$63K	$1.2M	50x	as long as short
Aevo HYPE-PERP	+0.0096%	1h	93.781	−0.092%	$399K	$318K	20x	as long as short
Paradex HYPE-USD-PERP	+0.0099%	8h	93.845	−0.024%	$341K	$169K	20x	as long as short
Katana Perps HYPE-USD	+0.0100%	8h	93.830	−0.040%	$29K	$1.6M	10x	as long as short
Nado HYPE-PERP	+0.0100%	1h	93.715	−0.162%	$5.9M	$44.1M	10x	as long as short
Pacifica HYPElong	+0.0100%	1h	93.868	long leg	$10.1M	$14.5M	20x
OKX HYPE-USDT-SWAP	+0.0100%	8h	93.844	−0.025%	$115.0M	$314.3M	50x	as long as short
KuCoin HYPEUSDTM	+0.0100%	4h	93.843	−0.026%	$47.2M	$18.3M	75x	as long as short
Bitget HYPEUSDT	+0.0100%	4h	93.830	−0.040%	$227.4M	$102.4M	75x	as long as short
BingX HYPE-USDT	+0.0100%	4h	93.841	−0.028%	—	$53.9M	—	as long as short
Backpack HYPE_USDC_PERP	+0.0100%	1h	93.922	+0.058%	$7.9M	$10.4M	20x	as long as short
Variational Omni HYPE	+0.0100%	8h	93.552	−0.336%	$30.9M	$51.8M	—	as long as short
GRVT HYPE_USDT_Perp	+0.0100%	4h	93.616	−0.268%	$7.5M	$45.5M	10x	as long as short
ApeX Omni HYPEUSDT	+0.0100%	1h	93.565	−0.323%	$416K	$1.0M	50x	as long as short
StandX HYPE-USD	+0.0100%	1h	93.677	−0.203%	$677K	$2.5M	20x	as long as short
Vest HYPE-PERP	+0.0100%	1h	93.801	−0.072%	—	$454K	5x	as long as short
Polymarket Perps HYPE-USD	+0.0100%	1h	93.840	−0.030%	$496K	$2.5M	20x	as long as short
Bullet HYPE-USD	+0.0100%	1h	93.795	−0.077%	$112K	$577K	20x	as long as short
Bluefin HYPE-PERP	+0.0100%	1h	93.803	−0.069%	$76K	$166K	20x	as long as short
SunX HYPE-USDT	+0.0100%	4h	93.808	−0.064%	$32K	$1.6M	20x	as long as short
SoDEX HYPE-USD	+0.0100%	1h	93.802	−0.070%	$2.0M	$2.0M	10x	as long as short
Bulk HYPE-USD	+0.0100%	1h	93.680	−0.200%	$205K	$7K	10x	as long as short
Injective HYPE/USDC PERP	+0.0104%	1h	93.680	−0.200%	$30K	$338K	12x	as long as short
Extended HYPE-USD	+0.0104%	1h	93.826	−0.045%	$18.6M	$42.0M	50x	as long as short
Kalshi KXHYPEPERP	+0.0120%	8h	93.782	−0.091%	$1.9M	$5.1M	2.3x	as long as short
Coinbase International HYPE-PERP-INTX	+0.0152%	1h	93.770	−0.104%	$4.9M	$5.7M	50x	as long as short
Deribit HYPE_USDC-PERPETUAL	+0.0208%	1h	93.890	+0.024%	$7.4M	$4.5M	50x	as long as short
HTX HYPE-USDT	+0.0220%	4h	93.915	+0.050%	$1.5M	$7.7M	75x	as long as short
Reya HYPERUSDPERP	+0.0248%	1h	93.801	−0.071%	$77K	$142K	15x	as long as short
BloFin HYPE-USDT	+0.0267%	4h	93.753	−0.122%	$17.0M	$12.3M	75x	as long as short
RISEx HYPE/USDC	+0.0284%	1h	93.894	+0.028%	$2.7M	$6.8M	20x	as long as short
GMX HYPE/USD [WBTC.b-USDC]	L +0.0340% / S −0.0165%	1h	93.801	−0.072%	$1.4M	—	100x	as long as short
Hyperliquid HYPE	+0.0484%	1h	93.902	+0.036%	$2.04B	$667.3M	10x	as long as short
Kraken Futures PF_HYPEUSD	+0.0578%	1h	93.904	+0.038%	$21.0M	$29.0M	50x	as long as short