Funding you earn now, next payment 04:00 UTC+0.0160%/8h= +17.5% APRnext payment +$0.20 per $10,000 · paid last 24h +0.031%
Price spread now: Reya against Pacifica−0.056%7-day average −0.030% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.540%+$54 · spread now −0.056%, 7d avg −0.030%
=Together, before fees+0.540%+ Points / potential airdropPacifica: Active · Reya: Active · farm board+$54 on $10k · with fees, hour by hour
Funding pays, the price is against you. Reya is 0.025% cheaper against Pacifica than usual: you would sell low and buy high (spread −0.056% now, against its 7-day average of −0.030%). If the spread goes back, that is −$3 on $10k: about 13 hours of funding at the current rate (+$5 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica HYPE | 92.620 | 0.0100 | pay 0.0013% / 1h | 52m 10s | $10.0M | $14.9M | 20x |
| Short | Reya HYPERUSDPERP | 92.568 | 0.0260 | get 0.0033% / 1h | 52m 10s | $79K | $140K | 15x |
Pacifica HYPE
Reya HYPERUSDPERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Reya against Pacifica. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
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How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $33.63
- Price spread: −0.056% → −0.030%
- −$2.54
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- $17.09
- Costs to cover
- 0.140%
- Break-even
- 3.4 days
Slippage unknown: Pacifica: live order book, 2 min ago; Reya: 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, 2 min ago | 0.22 bp | 4.4 bp −$4 | doesn't fit | doesn't fit | doesn't fit |
| Sell Reya no order-book sample | — | — | — | — | — |
Reya: 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 | |
|---|---|---|---|---|---|---|---|---|
| Arcus HYPE-USD | −0.0948% | 1h | 92.446 | −0.188% | $1.2M | $3.8M | 10x | as long as short |
| Hibachi HYPE/USDT-P | −0.0760% | 1h | 92.788 | +0.181% | $195K | $227K | 7x | as long as short |
| Aftermath Perps HYPEUSD | −0.0110% | 1h | 92.736 | +0.126% | $22K | $21K | 10x | as long as short |
| 01 Exchange HYPEUSD | −0.0104% | 1h | 92.553 | −0.072% | $86K | $351K | 20x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 92.573 | −0.051% | $3K | $331 | 25x | as long as short |
| Orderly PERP_HYPE_USDC | −0.0065% | 4h | 92.552 | −0.073% | $158K | $663K | 20x | as long as short |
| Ondo Perps HYPE-USD.P | −0.0064% | 1h | 92.720 | +0.108% | $699K | $1.1M | 10x | as long as short |
| Bullet HYPE-USD | −0.0048% | 1h | 92.565 | −0.059% | $111K | $579K | 20x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 92.691 | +0.077% | $127K | $31K | 5x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 92.571 | −0.052% | $23K | $309K | 10x | as long as short |
Arcus HYPE-USD
Hibachi HYPE/USDT-P
Aftermath Perps HYPEUSD
01 Exchange HYPEUSD
Hotstuff HYPE-PERP
Orderly PERP_HYPE_USDC
Ondo Perps HYPE-USD.P
Bullet HYPE-USD
dYdX HYPE-USD
Perpl HYPEShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0002% | 1h | 92.608 | −0.013% | $62K | — | 150x | as long as short |
| Aster HYPEUSDT | +0.0006% | 4h | 92.622 | +0.002% | $8.7M | $36.2M | 300x | as long as short |
| Derive HYPE-PERP | +0.0018% | 1h | 92.535 | −0.091% | $16.0M | $7.5M | 10x | as long as short |
| Phemex HYPEUSDT | +0.0026% | 8h | 92.568 | −0.056% | $12.5M | $2.7M | 50x | as long as short |
| BingX HYPE-USDT | +0.0032% | 4h | 92.553 | −0.072% | — | $53.2M | — | as long as short |
| Bybit HYPEUSDT | +0.0037% | 8h | 92.540 | −0.086% | $317.7M | $279.2M | 75x | as long as short |
| Phoenix HYPE | +0.0043% | 1h | 92.855 | +0.254% | $211K | $1.2M | 10x | as long as short |
| Gate HYPE_USDT | +0.0050% | 4h | 92.583 | −0.040% | $44.5M | $54.5M | 75x | as long as short |
| ApeX Omni HYPEUSDT | +0.0068% | 1h | 92.356 | −0.285% | $337K | $1.0M | 50x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0074% | 8h | 92.548 | −0.078% | $113.2M | $300.8M | 50x | as long as short |
| Popdex HYPEUSDT | +0.0080% | 1h | 92.552 | −0.073% | $67K | $1.2M | 50x | as long as short |
| MEXC HYPE_USDT | +0.0084% | 4h | 92.563 | −0.062% | $87.8M | $80.1M | 100x | as long as short |
| Binance HYPEUSDT | +0.0084% | 4h | 92.563 | −0.062% | $372.3M | $892.6M | 75x | as long as short |
| edgeX HYPEUSDC | +0.0090% | 4h | 92.792 | +0.185% | $5.1M | $29.2M | 30x | as long as short |
| Paradex HYPE-USD-PERP | +0.0093% | 8h | 92.623 | +0.004% | $338K | $162K | 20x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 92.580 | −0.043% | $16.0M | $62.0M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 92.558 | −0.067% | $3.1M | $11.6M | 20x | as long as short |
| Katana Perps HYPE-USD | +0.0100% | 8h | 92.540 | −0.086% | $14K | $1.6M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 92.579 | −0.044% | $5.8M | $43.1M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 92.600 | −0.022% | $2.02B | $657.8M | 10x | as long as short |
| Pacifica HYPElong | +0.0100% | 1h | 92.620 | long leg | $10.0M | $14.9M | 20x | |
| Bulk HYPE-USD | +0.0100% | 1h | 92.800 | +0.194% | $202K | $13K | 10x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 92.594 | −0.028% | $45.9M | $18.2M | 75x | as long as short |
| Bitget HYPEUSDT | +0.0100% | 4h | 92.559 | −0.066% | $224.0M | $97.5M | 75x | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 92.550 | −0.076% | $7.4M | $10.0M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 92.820 | +0.216% | $28.4M | $57.0M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 92.596 | −0.026% | $7.5M | $45.7M | 10x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 92.793 | +0.187% | $665K | $2.7M | 20x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 92.646 | +0.028% | — | $243K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 92.612 | −0.009% | $468K | $2.6M | 20x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 92.628 | +0.009% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 92.578 | −0.045% | $2.0M | $2.0M | 10x | as long as short |
| HTX HYPE-USDT | +0.0100% | 4h | 92.721 | +0.109% | $1.4M | $6.2M | 75x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 92.556 | −0.070% | $18.1M | $43.3M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0104% | 1h | 92.580 | −0.044% | $391K | $164K | 20x | as long as short |
| Injective HYPE/USDC PERP | +0.0150% | 1h | 93.000 | +0.410% | $30K | $339K | 12x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0160% | 1h | 92.630 | +0.011% | $4.7M | $5.5M | 50x | as long as short |
| Reya HYPERUSDPERPshort | +0.0260% | 1h | 92.568 | −0.056% | $79K | $140K | 15x | |
| Kalshi KXHYPEPERP | +0.0263% | 8h | 92.699 | +0.085% | $1.8M | $5.4M | 2.3x | as long as short |
| BloFin HYPE-USDT | +0.0325% | 4h | 92.787 | +0.180% | $16.8M | $11.5M | 75x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0330% / S −0.0153% | 1h | 92.602 | −0.020% | $1.4M | — | 100x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0332% | 1h | 92.618 | −0.002% | $20.6M | $30.3M | 50x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0473% | 1h | 92.680 | +0.065% | $7.5M | $4.4M | 50x | as long as short |
| RISEx HYPE/USDC | +0.0687% | 1h | 92.626 | +0.007% | $3.1M | $6.4M | 20x | as long as short |
| Bluefin HYPE-PERP | +0.1674% | 1h | 92.565 | −0.059% | $78K | $169K | 20x | as long as short |
gTrade (Gains Network) HYPE/USD
Aster HYPEUSDT
Derive HYPE-PERP
Phemex HYPEUSDT
BingX HYPE-USDT
Bybit HYPEUSDT
Phoenix HYPE
Gate HYPE_USDT
ApeX Omni HYPEUSDT
OKX HYPE-USDT-SWAP
Popdex HYPEUSDT
MEXC HYPE_USDT
Binance HYPEUSDT
edgeX HYPEUSDC
Paradex HYPE-USD-PERP
Lighter HYPE
Lighter RH HYPE
Katana Perps HYPE-USD
Nado HYPE-PERP
Hyperliquid HYPE
Bulk HYPE-USD
KuCoin HYPEUSDTM
Bitget HYPEUSDT
Backpack HYPE_USDC_PERP
Variational Omni HYPE
GRVT HYPE_USDT_Perp
StandX HYPE-USD
Vest HYPE-PERP
Polymarket Perps HYPE-USD
SunX HYPE-USDT
SoDEX HYPE-USD
HTX HYPE-USDT
Extended HYPE-USD
Aevo HYPE-PERP
Injective HYPE/USDC PERP
Coinbase International HYPE-PERP-INTX
Kalshi KXHYPEPERP
BloFin HYPE-USDT
GMX HYPE/USD [WBTC.b-USDC]
Kraken Futures PF_HYPEUSD
Deribit HYPE_USDC-PERPETUAL
RISEx HYPE/USDC
Bluefin HYPE-PERP