Funding you earn now, next payment 22:46 UTC+0.0059%/8h= +6.5% APRpaid last 24h +0.013%
Price spread now: Binance against Perpl−0.120%7-day average −0.008% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.133%+$13 on $10k
+Price spread, last 3 days (all we have)−0.099%−$10 · spread now −0.120%, 7d avg −0.008%
=Together, before fees+0.035%+ Points / potential airdropPerpl: Active · farm board+$3 on $10k · with fees, hour by hour
Funding pays, the price is against you. Binance is 0.112% cheaper against Perpl than usual: you would sell low and buy high (spread −0.120% now, against its 7-day average of −0.008%). If the spread goes back, that is −$11 on $10k: about 6.3 days of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Perpl HYPE | 93.702 | 0 | get 0.0000% / 43m | 27m 45s | $23K | $328K | 10x |
| Short | Binance HYPEUSDT | 93.590 | 0.0059 | get 0.0030% / 4h | 31m 45s | $382.9M | $895.2M | 75x |
Perpl HYPE
Binance HYPEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Perpl. 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
- $12.42
- Price spread: −0.120% → −0.008%
- −$11.25
- Slippage, 4 orders
- no order book: not counted
- Fee Perpl: 6.9 bp × 2 orders
- −$13.8
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$22.63
- Costs to cover
- 0.238%
- Break-even
- 19.8 days
Slippage unknown: Perpl: no order-book sample; Binance: live order book, 12 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 Perpl no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 12 min ago | 0.05 bp | 5.1 bp −$5 | 7.0 bp −$70 | 15.1 bp −$1,507 | 32.1 bp −$16.1K |
Perpl: 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 | −0.0776% | 1h | 93.755 | +0.056% | $198K | $230K | 7x | as long as short |
| Aftermath Perps HYPEUSD | −0.0363% | 1h | 93.966 | +0.281% | $22K | $22K | 10x | as long as short |
| Arcus HYPE-USD | −0.0233% | 1h | 93.511 | −0.204% | $1.2M | $3.8M | 10x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 93.743 | +0.044% | $3K | $331 | 25x | as long as short |
| Ondo Perps HYPE-USD.P | −0.0050% | 1h | 93.570 | −0.141% | $703K | $910K | 10x | as long as short |
| 01 Exchange HYPEUSD | −0.0024% | 1h | 93.671 | −0.033% | $87K | $366K | 20x | as long as short |
| Derive HYPE-PERP | −0.0020% | 1h | 93.663 | −0.042% | $16.4M | $7.1M | 10x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 93.583 | −0.127% | $127K | $30K | 5x | as long as short |
| Perpl HYPElong | 0.0000% | 43m | 93.702 | long leg | $23K | $328K | 10x | |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0003% | 1h | 93.770 | +0.073% | $26K | — | 150x | as long as short |
Hibachi HYPE/USDT-P
Aftermath Perps HYPEUSD
Arcus HYPE-USD
Hotstuff HYPE-PERP
Ondo Perps HYPE-USD.P
01 Exchange HYPEUSD
Derive HYPE-PERP
dYdX HYPE-USD
gTrade (Gains Network) HYPE/USDShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_HYPE_USDC | +0.0003% | 4h | 93.733 | +0.033% | $163K | $578K | 20x | as long as short |
| Phoenix HYPE | +0.0009% | 1h | 94.133 | +0.460% | $215K | $1.2M | 10x | as long as short |
| Bybit HYPEUSDT | +0.0019% | 8h | 93.563 | −0.148% | $321.6M | $283.1M | 75x | as long as short |
| Aster HYPEUSDT | +0.0019% | 4h | 93.593 | −0.117% | $8.9M | $36.0M | 300x | as long as short |
| MEXC HYPE_USDT | +0.0058% | 4h | 93.597 | −0.112% | $87.1M | $81.7M | 100x | as long as short |
| Binance HYPEUSDTshort | +0.0059% | 4h | 93.590 | −0.120% | $382.9M | $895.2M | 75x | |
| Phemex HYPEUSDT | +0.0067% | 8h | 93.736 | +0.036% | $12.8M | $2.6M | 50x | as long as short |
| edgeX HYPEUSDC | +0.0081% | 4h | 94.027 | +0.346% | $5.1M | $29.8M | 30x | as long as short |
| Gate HYPE_USDT | +0.0082% | 4h | 93.584 | −0.126% | $44.5M | $59.1M | 75x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 93.630 | −0.077% | $18.8M | $60.0M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 93.601 | −0.108% | $3.0M | $12.3M | 20x | as long as short |
| Popdex HYPEUSDT | +0.0096% | 1h | 93.694 | −0.009% | $63K | $1.2M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0096% | 1h | 93.697 | −0.006% | $399K | $318K | 20x | as long as short |
| Paradex HYPE-USD-PERP | +0.0099% | 8h | 93.579 | −0.131% | $340K | $171K | 20x | as long as short |
| Katana Perps HYPE-USD | +0.0100% | 8h | 93.600 | −0.109% | $43K | $1.6M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 93.694 | −0.009% | $5.7M | $44.3M | 10x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 93.617 | −0.091% | $10.1M | $14.5M | 20x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0100% | 8h | 93.580 | −0.130% | $115.2M | $319.8M | 50x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 93.577 | −0.133% | $46.4M | $18.4M | 75x | as long as short |
| Bitget HYPEUSDT | +0.0100% | 4h | 93.585 | −0.125% | $226.6M | $102.7M | 75x | as long as short |
| BingX HYPE-USDT | +0.0100% | 4h | 93.582 | −0.128% | — | $54.1M | — | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 93.752 | +0.053% | $7.8M | $10.5M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 93.974 | +0.290% | $31.3M | $54.0M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 94.053 | +0.375% | $7.6M | $45.0M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 93.935 | +0.249% | $341K | $1.1M | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 93.862 | +0.171% | $679K | $2.5M | 20x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 93.749 | +0.050% | — | $454K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 93.712 | +0.011% | $491K | $2.5M | 20x | as long as short |
| Bullet HYPE-USD | +0.0100% | 1h | 93.709 | +0.007% | $112K | $578K | 20x | as long as short |
| Bluefin HYPE-PERP | +0.0100% | 1h | 93.737 | +0.037% | $76K | $170K | 20x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 93.763 | +0.065% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 93.718 | +0.017% | $2.0M | $2.0M | 10x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 94.120 | +0.446% | $205K | $7K | 10x | as long as short |
| Injective HYPE/USDC PERP | +0.0104% | 1h | 94.410 | +0.756% | $31K | $338K | 12x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 93.580 | −0.131% | $18.4M | $42.8M | 50x | as long as short |
| Kalshi KXHYPEPERP | +0.0133% | 8h | 93.734 | +0.034% | $1.9M | $5.0M | 2.3x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0152% | 1h | 93.750 | +0.051% | $4.9M | $5.7M | 50x | as long as short |
| HTX HYPE-USDT | +0.0219% | 4h | 93.850 | +0.158% | $1.5M | $7.8M | 75x | as long as short |
| Reya HYPERUSDPERP | +0.0249% | 1h | 93.689 | −0.014% | $77K | $142K | 15x | as long as short |
| BloFin HYPE-USDT | +0.0255% | 4h | 93.716 | +0.015% | $17.0M | $12.6M | 75x | as long as short |
| RISEx HYPE/USDC | +0.0284% | 1h | 93.647 | −0.059% | $2.8M | $6.9M | 20x | as long as short |
| Hyperliquid HYPE | +0.0314% | 1h | 93.704 | +0.002% | $2.04B | $675.8M | 10x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0337% / S −0.0163% | 1h | 93.755 | +0.056% | $1.4M | — | 100x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0347% | 1h | 93.821 | +0.127% | $7.4M | $4.6M | 50x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0578% | 1h | 93.811 | +0.116% | $20.9M | $29.3M | 50x | as long as short |
Orderly PERP_HYPE_USDC
Phoenix HYPE
Bybit HYPEUSDT
Aster HYPEUSDT
MEXC HYPE_USDT
Phemex HYPEUSDT
edgeX HYPEUSDC
Gate HYPE_USDT
Lighter HYPE
Lighter RH HYPE
Popdex HYPEUSDT
Aevo HYPE-PERP
Paradex HYPE-USD-PERP
Katana Perps HYPE-USD
Nado HYPE-PERP
Pacifica HYPE
OKX HYPE-USDT-SWAP
KuCoin HYPEUSDTM
Bitget HYPEUSDT
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
Bullet HYPE-USD
Bluefin HYPE-PERP
SunX HYPE-USDT
SoDEX HYPE-USD
Bulk HYPE-USD
Injective HYPE/USDC PERP
Extended HYPE-USD
Kalshi KXHYPEPERP
Coinbase International HYPE-PERP-INTX
HTX HYPE-USDT
Reya HYPERUSDPERP
BloFin HYPE-USDT
RISEx HYPE/USDC
Hyperliquid HYPE
GMX HYPE/USD [WBTC.b-USDC]
Deribit HYPE_USDC-PERPETUAL
Kraken Futures PF_HYPEUSD