Funding you earn now, next payment 05:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.01 per $10,000 · paid last 24h −0.001%
Price spread now: Lighter RH against Pacifica−0.017%7-day average −0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$10as in the Funding arb table
Net, price: spread back to 7d avg − costs−$14as in the Price arb table
costs, in and out, $10k−$120.125% of the position
Funding, last 7 days+0.028%+$3 on $10k
+Price spread, last 7 days−0.010%−$1 · spread now −0.017%, 7d avg −0.002%
=Together, before fees+0.018%+ Points / potential airdropPacifica: Active · Lighter RH: Points live · farm board+$2 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica HYPE | 93.101 | 0.0100 | pay 0.0013% / 1h | 10m 33s | $10.0M | $15.2M | 20x |
| Short | Lighter RH HYPE | 93.085 | 0.0096 | get 0.0012% / 1h | 10m 33s | $3.1M | $11.6M | 20x |
Pacifica HYPE
Lighter RH HYPEFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH 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
- −$0.84
- Price spread: −0.017% → −0.002%
- −$1.47
- Slippage, 4 orders
- −$4.48
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$14.79
- Costs to cover
- 0.125%
- Break-even
- never at this rate
Slippage from Pacifica: live order book, 4 min ago; Lighter RH: live order book, 3 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 | 0.05 bp | 5.0 bp −$5 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter RH live order book, 3 min ago | 1.07 bp | 1.1 bp −$1 | 2.4 bp −$24 | 22.2 bp −$2,220 | 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 | −0.1808% | 1h | 93.008 | −0.100% | $194K | $231K | 7x | as long as short |
| Aftermath Perps HYPEUSD | −0.0321% | 1h | 93.058 | −0.046% | $22K | $21K | 10x | as long as short |
| Arcus HYPE-USD | −0.0194% | 1h | 93.058 | −0.046% | $1.1M | $3.9M | 10x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 93.071 | −0.032% | $3K | $331 | 25x | as long as short |
| Orderly PERP_HYPE_USDC | −0.0052% | 4h | 93.043 | −0.062% | $146K | $671K | 20x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 93.075 | −0.028% | $128K | $29K | 5x | as long as short |
| Ondo Perps HYPE-USD.P | 0.0000% | 1h | 92.970 | −0.141% | $700K | $1.1M | 10x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 93.088 | −0.013% | $22K | $293K | 10x | as long as short |
| Bullet HYPE-USD | +0.0002% | 1h | 93.060 | −0.044% | $111K | $578K | 20x | as long as short |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0002% | 1h | 93.090 | −0.012% | $62K | — | 150x | as long as short |
Hibachi HYPE/USDT-P
Aftermath Perps HYPEUSD
Arcus HYPE-USD
Hotstuff HYPE-PERP
Orderly PERP_HYPE_USDC
dYdX HYPE-USD
Ondo Perps HYPE-USD.P
Perpl HYPE
Bullet HYPE-USD
gTrade (Gains Network) HYPE/USDShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange HYPEUSD | +0.0016% | 1h | 93.107 | +0.006% | $87K | $365K | 20x | as long as short |
| Phoenix HYPE | +0.0026% | 1h | 93.056 | −0.048% | $208K | $1.2M | 10x | as long as short |
| Bybit HYPEUSDT | +0.0027% | 8h | 93.070 | −0.033% | $317.5M | $284.3M | 75x | as long as short |
| Phemex HYPEUSDT | +0.0028% | 8h | 93.033 | −0.073% | $12.6M | $2.7M | 50x | as long as short |
| Bitget HYPEUSDT | +0.0036% | 4h | 93.084 | −0.018% | $225.2M | $98.8M | 75x | as long as short |
| Popdex HYPEUSDT | +0.0048% | 1h | 93.081 | −0.021% | $76K | $1.1M | 50x | as long as short |
| Gate HYPE_USDT | +0.0054% | 4h | 93.061 | −0.043% | $45.4M | $54.8M | 75x | as long as short |
| Paradex HYPE-USD-PERP | +0.0096% | 8h | 93.105 | +0.005% | $339K | $162K | 20x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 93.079 | −0.024% | $16.0M | $62.9M | 20x | as long as short |
| Lighter RH HYPEshort | +0.0096% | 1h | 93.085 | −0.017% | $3.1M | $11.6M | 20x | |
| edgeX HYPEUSDC | +0.0099% | 4h | 93.100 | −0.001% | $4.9M | $29.7M | 30x | as long as short |
| Katana Perps HYPE-USD | +0.0099% | 8h | 93.060 | −0.044% | $28K | $1.7M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 93.061 | −0.044% | $6.8M | $46.5M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 93.131 | +0.032% | $2.03B | $670.0M | 10x | as long as short |
| Aster HYPEUSDT | +0.0100% | 4h | 93.082 | −0.020% | $8.7M | $36.3M | 300x | as long as short |
| Pacifica HYPElong | +0.0100% | 1h | 93.101 | long leg | $10.0M | $15.2M | 20x | |
| Binance HYPEUSDT | +0.0100% | 4h | 93.080 | −0.023% | $373.6M | $909.7M | 75x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0100% | 8h | 93.088 | −0.014% | $114.0M | $305.2M | 50x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 93.125 | +0.026% | $203K | $3K | 10x | as long as short |
| MEXC HYPE_USDT | +0.0100% | 4h | 93.084 | −0.018% | $91.5M | $81.4M | 100x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 93.080 | −0.023% | $46.1M | $18.5M | 75x | as long as short |
| BingX HYPE-USDT | +0.0100% | 4h | 93.090 | −0.012% | — | $53.9M | — | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 93.096 | −0.005% | $7.3M | $11.2M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 93.028 | −0.079% | $28.6M | $56.7M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 93.156 | +0.059% | $7.5M | $46.8M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 93.126 | +0.027% | $342K | $1.0M | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 93.104 | +0.003% | $665K | $2.9M | 20x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 93.133 | +0.035% | — | $243K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 93.110 | +0.010% | $488K | $2.7M | 20x | as long as short |
| Bluefin HYPE-PERP | +0.0100% | 1h | 93.077 | −0.026% | $79K | $167K | 20x | as long as short |
| Derive HYPE-PERP | +0.0100% | 1h | 93.052 | −0.052% | $16.0M | $7.5M | 10x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 93.140 | +0.042% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 93.069 | −0.034% | $2.0M | $2.0M | 10x | as long as short |
| HTX HYPE-USDT | +0.0100% | 4h | 93.228 | +0.136% | $1.4M | $6.3M | 75x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 93.043 | −0.062% | $18.1M | $43.5M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0104% | 1h | 93.070 | −0.033% | $393K | $164K | 20x | as long as short |
| Kalshi KXHYPEPERP | +0.0117% | 8h | 93.139 | +0.041% | $1.8M | $5.5M | 2.3x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0144% | 1h | 93.120 | +0.020% | $4.7M | $5.6M | 50x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0196% | 1h | 93.136 | +0.038% | $20.7M | $29.4M | 50x | as long as short |
| Injective HYPE/USDC PERP | +0.0242% | 1h | 93.410 | +0.332% | $30K | $339K | 12x | as long as short |
| Reya HYPERUSDPERP | +0.0266% | 1h | 93.072 | −0.032% | $79K | $131K | 15x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0331% / S −0.0154% | 1h | 93.094 | −0.007% | $1.4M | — | 100x | as long as short |
| BloFin HYPE-USDT | +0.0340% | 4h | 93.074 | −0.029% | $16.8M | $11.8M | 75x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0523% | 1h | 93.164 | +0.068% | $7.5M | $4.5M | 50x | as long as short |
| RISEx HYPE/USDC | +0.0598% | 1h | 93.144 | +0.046% | $3.2M | $6.3M | 20x | as long as short |
01 Exchange HYPEUSD
Phoenix HYPE
Bybit HYPEUSDT
Phemex HYPEUSDT
Bitget HYPEUSDT
Popdex HYPEUSDT
Gate HYPE_USDT
Paradex HYPE-USD-PERP
Lighter HYPE
edgeX HYPEUSDC
Katana Perps HYPE-USD
Nado HYPE-PERP
Hyperliquid HYPE
Aster HYPEUSDT
Binance HYPEUSDT
OKX HYPE-USDT-SWAP
Bulk HYPE-USD
MEXC HYPE_USDT
KuCoin HYPEUSDTM
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
Derive HYPE-PERP
SunX HYPE-USDT
SoDEX HYPE-USD
HTX HYPE-USDT
Extended HYPE-USD
Aevo HYPE-PERP
Kalshi KXHYPEPERP
Coinbase International HYPE-PERP-INTX
Kraken Futures PF_HYPEUSD
Injective HYPE/USDC PERP
Reya HYPERUSDPERP
GMX HYPE/USD [WBTC.b-USDC]
BloFin HYPE-USDT
Deribit HYPE_USDC-PERPETUAL
RISEx HYPE/USDC