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

HYPE

all HYPE markets
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Alert: funding
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Alert: spread
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Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.008%
Price spread now: KuCoin against Pacifica−0.020%7-day average +0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs−$18as in the Funding arb table
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$260.263% of the position
Long on PacificaShort on KuCoin
What this pair did over the last
the charts below follow
Funding, last 7 days+0.085%+$9 on $10k
Price spread, last 7 days+0.024%+$2 · spread now −0.020%, 7d avg +0.003%
Together, before fees+0.109%+ Points / potential airdropPacifica: Active · farm board+$11 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: KuCoin is 0.023% cheaper against Pacifica than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.003%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica HYPE93.9790.0100pay 0.0013% / 1h54m 36s$10.2M$14.5M20x
ShortKuCoin HYPEUSDTM93.9600.0100get 0.0050% / 4h54m 36s$47.3M$18.3M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
Price spread: −0.020% → +0.003%
−$2.31
Slippage, 4 orders
−$6.32
Fee Pacifica: 4 bp × 2 orders
−$8
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$28.63
Costs to cover
0.263%
Break-even
never at this rate
Slippage from Pacifica: live order book, 5 min ago; KuCoin: live order book, 4 min ago.

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, 5 min ago0.05 bp4.1 bp −$4doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 4 min ago0.53 bp9.5 bp −$1015.0 bp −$150doesn't fitdoesn'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
Hibachi HYPE/USDT-P−0.0520%1h93.829−0.160%$199K$229K7xas long as short
Aftermath Perps HYPEUSD−0.0484%1h93.731−0.264%$22K$22K10xas long as short
Arcus HYPE-USD−0.0233%1h93.888−0.097%$1.2M$3.8M10xas long as short
ApeX Omni HYPEUSDT−0.0160%1h93.896−0.088%$349K$1.1M50xas long as short
Hotstuff HYPE-PERP−0.0080%1h93.965−0.015%$3K$33125xas long as short
dYdX HYPE-USD0.0000%1h93.912−0.071%$128K$30K5xas long as short
Perpl HYPE0.0000%43m93.940−0.041%$23K$330K10xas long as short
gTrade (Gains Network) HYPE/USDL +0.0002% / S −0.0002%1h93.963−0.017%$28K—150xas long as short
Orderly PERP_HYPE_USDC+0.0014%4h93.940−0.041%$176K$526K20xas long as short
Bybit HYPEUSDT+0.0020%8h93.981+0.002%$324.9M$280.9M75xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster HYPEUSDT+0.0028%4h93.950−0.030%$8.9M$35.8M300xas long as short
Phoenix HYPE+0.0034%1h93.805−0.185%$215K$1.2M10xas long as short
Ondo Perps HYPE-USD.P+0.0046%1h93.920−0.063%$703K$904K10xas long as short
edgeX HYPEUSDC+0.0067%4h93.855−0.132%$5.1M$29.7M30xas long as short
Gate HYPE_USDT+0.0068%4h93.981+0.002%$44.5M$57.9M75xas long as short
Derive HYPE-PERP+0.0069%1h93.885−0.100%$16.4M$6.9M10xas long as short
Phemex HYPEUSDT+0.0070%8h93.934−0.048%$12.8M$2.6M50xas long as short
MEXC HYPE_USDT+0.0070%4h93.945−0.036%$90.6M$80.3M100xas long as short
Binance HYPEUSDT+0.0072%4h93.976−0.003%$386.1M$886.1M75xas long as short
Lighter HYPE+0.0096%1h94.000+0.023%$19.0M$59.0M20xas long as short
Lighter RH HYPE+0.0096%1h93.978−0.001%$3.1M$12.2M20xas long as short
Popdex HYPEUSDT+0.0096%1h93.977−0.002%$63K$1.2M50xas long as short
Aevo HYPE-PERP+0.0096%1h93.941−0.040%$400K$318K20xas long as short
Paradex HYPE-USD-PERP+0.0099%8h93.9790.000%$341K$169K20xas long as short
Katana Perps HYPE-USD+0.0100%8h93.950−0.031%$29K$1.6M10xas long as short
Nado HYPE-PERP+0.0100%1h93.980+0.001%$5.9M$44.2M10xas long as short
Pacifica HYPElong+0.0100%1h93.979long leg$10.2M$14.5M20x
OKX HYPE-USDT-SWAP+0.0100%8h93.987+0.009%$115.3M$315.3M50xas long as short
KuCoin HYPEUSDTMshort+0.0100%4h93.960−0.020%$47.3M$18.3M75x
Bitget HYPEUSDT+0.0100%4h93.976−0.003%$227.8M$102.4M75xas long as short
BingX HYPE-USDT+0.0100%4h93.972−0.007%—$53.9M—as long as short
Backpack HYPE_USDC_PERP+0.0100%1h93.960−0.020%$7.9M$10.4M20xas long as short
Variational Omni HYPE+0.0100%8h93.882−0.103%$32.1M$53.0M—as long as short
GRVT HYPE_USDT_Perp+0.0100%4h93.906−0.077%$7.6M$45.5M10xas long as short
StandX HYPE-USD+0.0100%1h93.945−0.036%$679K$2.5M20xas long as short
Vest HYPE-PERP+0.0100%1h93.961−0.019%—$454K5xas long as short
Polymarket Perps HYPE-USD+0.0100%1h93.962−0.018%$485K$2.5M20xas long as short
Bullet HYPE-USD+0.0100%1h93.916−0.067%$113K$577K20xas long as short
Bluefin HYPE-PERP+0.0100%1h93.946−0.035%$76K$166K20xas long as short
SunX HYPE-USDT+0.0100%4h93.991+0.013%$32K$1.6M20xas long as short
SoDEX HYPE-USD+0.0100%1h93.938−0.044%$2.0M$2.0M10xas long as short
Bulk HYPE-USD+0.0100%1h93.680−0.318%$205K$7K10xas long as short
Injective HYPE/USDC PERP+0.0104%1h93.850−0.137%$31K$338K12xas long as short
Extended HYPE-USD+0.0104%1h93.962−0.018%$18.6M$42.0M50xas long as short
01 Exchange HYPEUSD+0.0104%1h94.004+0.027%$91K$356K20xas long as short
Kalshi KXHYPEPERP+0.0120%8h93.994+0.016%$1.9M$5.1M2.3xas long as short
Coinbase International HYPE-PERP-INTX+0.0152%1h93.870−0.116%$4.9M$5.7M50xas long as short
HTX HYPE-USDT+0.0223%4h94.099+0.128%$1.5M$7.7M75xas long as short
Reya HYPERUSDPERP+0.0248%1h93.933−0.049%$77K$142K15xas long as short
BloFin HYPE-USDT+0.0280%4h93.930−0.052%$17.0M$12.3M75xas long as short
RISEx HYPE/USDC+0.0284%1h94.035+0.060%$2.8M$6.8M20xas long as short
Deribit HYPE_USDC-PERPETUAL+0.0325%1h94.035+0.060%$7.4M$4.5M50xas long as short
GMX HYPE/USD [WBTC.b-USDC]L +0.0340% / S −0.0165%1h93.924−0.058%$1.4M—100xas long as short
Kraken Futures PF_HYPEUSD+0.0577%1h94.042+0.067%$21.0M$29.0M50xas long as short
Hyperliquid HYPE+0.0626%1h94.000+0.022%$2.05B$663.9M10xas long as short