Funding you earn now, next payment 22:46 UTC+0.0078%/8h= +8.5% APRpaid last 24h +0.017%
Price spread now: edgeX against Perpl−0.147%7-day average −0.010% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.153%+$15 on $10k
+Price spread, last 3 days (all we have)+0.006%+$1 · spread now −0.147%, 7d avg −0.010%
=Together, before fees+0.159%+ Points / potential airdropPerpl: Active · edgeX: Active · farm board+$16 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.137% cheaper against Perpl than usual: you would sell low and buy high (spread −0.147% now, against its 7-day average of −0.010%). If the spread goes back, that is −$14 on $10k: about 5.8 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 | 93.882 | 0 | get 0.0000% / 43m | 10m 20s | $23K | $330K | 10x |
| Short | edgeX HYPEUSDC | 93.744 | 0.0078 | get 0.0039% / 4h | 57m 20s | $5.1M | $29.6M | 30x |
Perpl HYPE
edgeX HYPEUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- $16.36
- Price spread: −0.147% → −0.010%
- −$13.65
- Slippage, 4 orders
- no order book: not counted
- Fee Perpl: 6.9 bp × 2 orders
- −$13.8
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$20.09
- Costs to cover
- 0.228%
- Break-even
- 15.6 days
Slippage unknown: Perpl: no order-book sample; edgeX: live order book, 2 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 edgeX live order book, 2 min ago | 0.32 bp | 4.8 bp −$5 | 5.1 bp −$51 | 148.4 bp −$14.8K | doesn't fit |
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 | −0.0504% | 1h | 93.735 | −0.157% | $198K | $228K | 7x | as long as short |
| Aftermath Perps HYPEUSD | −0.0486% | 1h | 93.638 | −0.260% | $22K | $22K | 10x | as long as short |
| Arcus HYPE-USD | −0.0233% | 1h | 93.768 | −0.122% | $1.2M | $3.8M | 10x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 93.840 | −0.045% | $3K | $331 | 25x | as long as short |
| Ondo Perps HYPE-USD.P | −0.0002% | 1h | 93.800 | −0.088% | $701K | $903K | 10x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 93.912 | +0.032% | $128K | $32K | 5x | as long as short |
| Perpl HYPElong | 0.0000% | 43m | 93.882 | long leg | $23K | $330K | 10x | |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0002% | 1h | 93.922 | +0.042% | $28K | — | 150x | as long as short |
| Orderly PERP_HYPE_USDC | +0.0014% | 4h | 93.908 | +0.027% | $176K | $526K | 20x | as long as short |
| Bybit HYPEUSDT | +0.0018% | 8h | 93.882 | 0.000% | $324.7M | $280.7M | 75x | as long as short |
Hibachi HYPE/USDT-P
Aftermath Perps HYPEUSD
Arcus HYPE-USD
Hotstuff HYPE-PERP
Ondo Perps HYPE-USD.P
dYdX HYPE-USD
gTrade (Gains Network) HYPE/USD
Orderly PERP_HYPE_USDC
Bybit HYPEUSDTShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster HYPEUSDT | +0.0020% | 4h | 93.888 | +0.006% | $8.9M | $35.8M | 300x | as long as short |
| Phoenix HYPE | +0.0034% | 1h | 93.805 | −0.082% | $215K | $1.2M | 10x | as long as short |
| Derive HYPE-PERP | +0.0063% | 1h | 93.839 | −0.046% | $16.4M | $6.9M | 10x | as long as short |
| Gate HYPE_USDT | +0.0064% | 4h | 93.884 | +0.002% | $44.3M | $57.7M | 75x | as long as short |
| MEXC HYPE_USDT | +0.0066% | 4h | 93.898 | +0.017% | $90.7M | $80.3M | 100x | as long as short |
| Binance HYPEUSDT | +0.0067% | 4h | 93.907 | +0.027% | $385.5M | $885.9M | 75x | as long as short |
| Phemex HYPEUSDT | +0.0074% | 8h | 93.842 | −0.043% | $12.8M | $2.6M | 50x | as long as short |
| edgeX HYPEUSDCshort | +0.0078% | 4h | 93.744 | −0.147% | $5.1M | $29.6M | 30x | |
| Lighter HYPE | +0.0096% | 1h | 93.952 | +0.074% | $19.0M | $58.9M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 93.934 | +0.055% | $3.1M | $12.2M | 20x | as long as short |
| 01 Exchange HYPEUSD | +0.0096% | 1h | 93.900 | +0.019% | $91K | $355K | 20x | as long as short |
| Popdex HYPEUSDT | +0.0096% | 1h | 93.847 | −0.037% | $63K | $1.2M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0096% | 1h | 93.852 | −0.032% | $399K | $318K | 20x | as long as short |
| Paradex HYPE-USD-PERP | +0.0099% | 8h | 93.845 | −0.040% | $341K | $169K | 20x | as long as short |
| Katana Perps HYPE-USD | +0.0100% | 8h | 93.830 | −0.056% | $29K | $1.6M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 93.844 | −0.040% | $5.9M | $44.1M | 10x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 93.868 | −0.015% | $10.1M | $14.5M | 20x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0100% | 8h | 93.895 | +0.014% | $114.9M | $314.5M | 50x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 93.852 | −0.032% | $47.2M | $18.3M | 75x | as long as short |
| Bitget HYPEUSDT | +0.0100% | 4h | 93.901 | +0.020% | $227.6M | $102.5M | 75x | as long as short |
| BingX HYPE-USDT | +0.0100% | 4h | 93.893 | +0.012% | — | $53.9M | — | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 93.922 | +0.042% | $7.9M | $10.4M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 93.552 | −0.351% | $30.9M | $51.8M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 93.616 | −0.283% | $7.5M | $45.5M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 93.759 | −0.131% | $393K | $1.0M | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 93.783 | −0.106% | $678K | $2.5M | 20x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 93.874 | −0.009% | — | $454K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 93.911 | +0.031% | $484K | $2.5M | 20x | as long as short |
| Bullet HYPE-USD | +0.0100% | 1h | 93.888 | +0.006% | $113K | $577K | 20x | as long as short |
| Bluefin HYPE-PERP | +0.0100% | 1h | 93.903 | +0.022% | $76K | $166K | 20x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 93.979 | +0.103% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 93.904 | +0.023% | $2.0M | $2.0M | 10x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 93.680 | −0.215% | $205K | $7K | 10x | as long as short |
| Injective HYPE/USDC PERP | +0.0104% | 1h | 93.750 | −0.141% | $30K | $338K | 12x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 93.882 | −0.001% | $18.6M | $42.0M | 50x | as long as short |
| Kalshi KXHYPEPERP | +0.0120% | 8h | 93.972 | +0.096% | $1.9M | $5.1M | 2.3x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0152% | 1h | 93.870 | −0.013% | $4.9M | $5.7M | 50x | as long as short |
| HTX HYPE-USDT | +0.0221% | 4h | 94.082 | +0.213% | $1.5M | $7.7M | 75x | as long as short |
| Reya HYPERUSDPERP | +0.0248% | 1h | 93.885 | +0.003% | $77K | $142K | 15x | as long as short |
| BloFin HYPE-USDT | +0.0266% | 4h | 93.898 | +0.017% | $17.0M | $12.3M | 75x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0272% | 1h | 93.995 | +0.120% | $7.4M | $4.5M | 50x | as long as short |
| RISEx HYPE/USDC | +0.0284% | 1h | 93.894 | +0.012% | $2.7M | $6.8M | 20x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0340% / S −0.0165% | 1h | 93.877 | −0.006% | $1.4M | — | 100x | as long as short |
| Hyperliquid HYPE | +0.0504% | 1h | 93.911 | +0.031% | $2.04B | $667.3M | 10x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0577% | 1h | 94.020 | +0.147% | $21.0M | $29.0M | 50x | as long as short |
Aster HYPEUSDT
Phoenix HYPE
Derive HYPE-PERP
Gate HYPE_USDT
MEXC HYPE_USDT
Binance HYPEUSDT
Phemex HYPEUSDT
Lighter HYPE
Lighter RH HYPE
01 Exchange HYPEUSD
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
Deribit HYPE_USDC-PERPETUAL
RISEx HYPE/USDC
GMX HYPE/USD [WBTC.b-USDC]
Hyperliquid HYPE
Kraken Futures PF_HYPEUSD