Funding you earn now, next payment 02:00 UTC−0.0148%/8h= −16.2% APRnext payment −$0.19 per $10,000 · paid last 24h −0.030%
Price spread now: 01 Exchange against Pacifica−0.040%7-day average +0.014% · 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)−0.037%−$4 on $10k
+Price spread, last 4 days (all we have)+0.123%+$12 · spread now −0.040%, 7d avg +0.014%
=Together, before fees+0.085%+ Points / potential airdropPacifica: Active · farm board+$9 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and 01 Exchange is 0.053% cheaper against Pacifica than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.014%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica HYPE | 93.335 | 0.0100 | pay 0.0013% / 1h | 7m 23s | $10.0M | $14.7M | 20x |
| Short | 01 Exchange HYPEUSD | 93.298 | −0.0048 | pay 0.0006% / 1h | 7m 23s | $84K | $347K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
01 Exchange 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
- −$31.08
- Price spread: −0.040% → +0.014%
- −$5.34
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Net
- −$51.42
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Pacifica: live order book, 2 min ago; 01 Exchange: live order book, 62 min ago. 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 | 0.05 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell 01 Exchange live order book, 62 min ago | 0.16 bp | 6.1 bp −$6 | 11.0 bp −$110 | doesn't fit | doesn't fit |
HYPE on 54 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 | −0.1112% | 1h | 93.252 | −0.089% | $196K | $227K | 7x | as long as short |
| Arcus HYPE-USD | −0.0786% | 1h | 93.171 | −0.176% | $1.2M | $3.8M | 10x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 93.333 | −0.002% | $3K | $331 | 25x | as long as short |
| Ondo Perps HYPE-USD.P | −0.0076% | 1h | 93.300 | −0.038% | $701K | $909K | 10x | as long as short |
| Phemex HYPEUSDT | −0.0073% | 8h | 93.309 | −0.028% | $12.6M | $2.7M | 50x | as long as short |
| Orderly PERP_HYPE_USDC | −0.0055% | 4h | 93.310 | −0.027% | $156K | $645K | 20x | as long as short |
| 01 Exchange HYPEUSDshort | −0.0048% | 1h | 93.298 | −0.040% | $84K | $347K | 20x | |
| Aftermath Perps HYPEUSD | −0.0038% | 1h | 93.552 | +0.233% | $22K | $21K | 10x | as long as short |
| Aster HYPEUSDT | −0.0010% | 4h | 93.296 | −0.042% | $8.8M | $35.8M | 300x | as long as short |
| Gate HYPE_USDT | −0.0008% | 4h | 93.280 | −0.059% | $44.2M | $55.4M | 75x | as long as short |
Show all 54 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Backpack HYPE_USDC_PERP | −0.0003% | 1h | 93.310 | −0.027% | $7.4M | $10.4M | 20x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 93.303 | −0.034% | $128K | $31K | 5x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 93.297 | −0.040% | $22K | $323K | 10x | as long as short |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0003% | 1h | 93.311 | −0.025% | $25K | — | 150x | as long as short |
| BingX HYPE-USDT | +0.0006% | 4h | 93.303 | −0.034% | — | $53.4M | — | as long as short |
| Bybit HYPEUSDT | +0.0011% | 8h | 93.260 | −0.081% | $320.1M | $277.2M | 75x | as long as short |
| Phoenix HYPE | +0.0060% | 1h | 93.484 | +0.159% | $210K | $1.2M | 10x | as long as short |
| Bullet HYPE-USD | +0.0065% | 1h | 93.283 | −0.056% | $111K | $577K | 20x | as long as short |
| MEXC HYPE_USDT | +0.0070% | 4h | 93.310 | −0.027% | $88.1M | $83.5M | 100x | as long as short |
| Binance HYPEUSDT | +0.0070% | 4h | 93.297 | −0.041% | $379.9M | $882.1M | 75x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0075% | 8h | 93.286 | −0.053% | $114.6M | $302.9M | 50x | as long as short |
| edgeX HYPEUSDC | +0.0081% | 4h | 93.375 | +0.043% | $5.0M | $29.9M | 30x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 93.339 | +0.004% | $16.3M | $62.8M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 93.344 | +0.009% | $3.1M | $11.9M | 20x | as long as short |
| Popdex HYPEUSDT | +0.0096% | 1h | 93.288 | −0.051% | $67K | $1.2M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0096% | 1h | 93.327 | −0.009% | $397K | $172K | 20x | as long as short |
| Paradex HYPE-USD-PERP | +0.0097% | 8h | 93.336 | +0.001% | $339K | $163K | 20x | as long as short |
| Katana Perps HYPE-USD | +0.0100% | 8h | 93.320 | −0.016% | $21K | $1.6M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 93.326 | −0.010% | $5.7M | $43.7M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 93.385 | +0.053% | $2.04B | $657.4M | 10x | as long as short |
| Pacifica HYPElong | +0.0100% | 1h | 93.335 | long leg | $10.0M | $14.7M | 20x | |
| Bulk HYPE-USD | +0.0100% | 1h | 93.760 | +0.455% | $204K | $10K | 10x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 93.319 | −0.017% | $46.2M | $18.0M | 75x | as long as short |
| Bitget HYPEUSDT | +0.0100% | 4h | 93.292 | −0.046% | $225.9M | $97.3M | 75x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 93.519 | +0.197% | $31.1M | $54.7M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 93.391 | +0.060% | $7.5M | $47.0M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 93.374 | +0.042% | $337K | $1.0M | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 93.362 | +0.029% | $666K | $2.6M | 20x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 93.345 | +0.010% | — | $243K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 93.320 | −0.016% | $474K | $2.4M | 20x | as long as short |
| Bluefin HYPE-PERP | +0.0100% | 1h | 93.294 | −0.044% | $79K | $170K | 20x | as long as short |
| Derive HYPE-PERP | +0.0100% | 1h | 93.311 | −0.026% | $16.2M | $7.7M | 10x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 93.421 | +0.092% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 93.331 | −0.004% | $2.0M | $1.9M | 10x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 93.278 | −0.062% | $18.3M | $43.7M | 50x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0136% | 1h | 93.360 | +0.027% | $4.9M | $5.4M | 50x | as long as short |
| Injective HYPE/USDC PERP | +0.0137% | 1h | 93.370 | +0.037% | $30K | $339K | 12x | as long as short |
| HTX HYPE-USDT | +0.0182% | 4h | 93.524 | +0.202% | $1.4M | $5.9M | 75x | as long as short |
| RISEx HYPE/USDC | +0.0210% | 1h | 93.381 | +0.049% | $3.2M | $6.7M | 20x | as long as short |
| Reya HYPERUSDPERP | +0.0256% | 1h | 93.298 | −0.040% | $79K | $140K | 15x | as long as short |
| Kalshi KXHYPEPERP | +0.0282% | 8h | 93.397 | +0.066% | $1.9M | $4.9M | 2.3x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0331% / S −0.0156% | 1h | 93.305 | −0.033% | $1.4M | — | 100x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0457% | 1h | 93.433 | +0.105% | $7.4M | $4.4M | 50x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0683% | 1h | 93.368 | +0.035% | $20.8M | $29.8M | 50x | as long as short |
Pacifica HYPE
01 Exchange HYPEUSD
Phemex HYPEUSDT
Aftermath Perps HYPEUSD
Aster HYPEUSDT
Gate HYPE_USDT
Backpack HYPE_USDC_PERP
gTrade (Gains Network) HYPE/USD
BingX HYPE-USDT
Bybit HYPEUSDT
Phoenix HYPE
Bullet HYPE-USD
MEXC HYPE_USDT
Binance HYPEUSDT
OKX HYPE-USDT-SWAP
edgeX HYPEUSDC
Lighter HYPE
Lighter RH HYPE
Popdex HYPEUSDT
Paradex HYPE-USD-PERP
Katana Perps HYPE-USD
Hyperliquid HYPE
Bulk HYPE-USD
KuCoin HYPEUSDTM
Bitget HYPEUSDT
Variational Omni HYPE
GRVT HYPE_USDT_Perp
ApeX Omni HYPEUSDT
StandX HYPE-USD
Polymarket Perps HYPE-USD
Bluefin HYPE-PERP
Derive HYPE-PERP
SunX HYPE-USDT
SoDEX HYPE-USD
Extended HYPE-USD
Coinbase International HYPE-PERP-INTX
Injective HYPE/USDC PERP
HTX HYPE-USDT
RISEx HYPE/USDC
Kalshi KXHYPEPERP
GMX HYPE/USD [WBTC.b-USDC]
Deribit HYPE_USDC-PERPETUAL
Kraken Futures PF_HYPEUSD