Funding you earn now, next payment 03:48 UTC−0.0063%/8h= −6.9% APRpaid last 24h −0.028%
Price spread now: Orderly against Perpl−0.009%7-day average −0.007% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.019%−$2 on $10k
+Price spread, last 4 days (all we have)−0.025%−$3 · spread now −0.009%, 7d avg −0.007%
=Together, before fees−0.045%+ Points / potential airdropPerpl: Active · farm board−$4 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.007%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Perpl HYPE | 92.886 | 0 | get 0.0000% / 43m | 29m 08s | $22K | $298K | 10x |
| Short | Orderly PERP_HYPE_USDC | 92.878 | −0.0063 | pay 0.0031% / 4h | 3h 32m | $147K | $679K | 20x |
Perpl HYPE
Orderly PERP_HYPE_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- −$13.18
- Price spread: −0.009% → −0.007%
- −$0.13
- Slippage, 4 orders
- no order book: not counted
- Fee Perpl: 6.9 bp × 2 orders
- −$13.8
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$33.1
- Costs to cover
- 0.198%
- Break-even
- never at this rate
Slippage unknown: Perpl: no order-book sample; Orderly: 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 Perpl no order-book sample | — | — | — | — | — |
| Sell Orderly no order-book sample | — | — | — | — | — |
Perpl and Orderly: 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 | −0.1440% | 1h | 92.676 | −0.226% | $193K | $230K | 7x | as long as short |
| Aftermath Perps HYPEUSD | −0.0286% | 1h | 92.859 | −0.029% | $22K | $21K | 10x | as long as short |
| Arcus HYPE-USD | −0.0194% | 1h | 92.853 | −0.035% | $1.1M | $3.9M | 10x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 92.875 | −0.012% | $3K | $331 | 25x | as long as short |
| Orderly PERP_HYPE_USDCshort | −0.0063% | 4h | 92.878 | −0.009% | $147K | $679K | 20x | |
| dYdX HYPE-USD | 0.0000% | 1h | 92.901 | +0.016% | $127K | $29K | 5x | as long as short |
| Perpl HYPElong | 0.0000% | 43m | 92.886 | long leg | $22K | $298K | 10x | |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0002% | 1h | 92.910 | +0.026% | $62K | — | 150x | as long as short |
| Phoenix HYPE | +0.0026% | 1h | 92.857 | −0.031% | $210K | $1.2M | 10x | as long as short |
| Bybit HYPEUSDT | +0.0033% | 8h | 92.884 | −0.002% | $316.1M | $282.1M | 75x | as long as short |
Hibachi HYPE/USDT-P
Aftermath Perps HYPEUSD
Arcus HYPE-USD
Hotstuff HYPE-PERP
dYdX HYPE-USD
gTrade (Gains Network) HYPE/USD
Phoenix HYPE
Bybit HYPEUSDTShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bullet HYPE-USD | +0.0041% | 1h | 92.885 | −0.001% | $111K | $577K | 20x | as long as short |
| Ondo Perps HYPE-USD.P | +0.0046% | 1h | 92.860 | −0.028% | $699K | $1.1M | 10x | as long as short |
| Phemex HYPEUSDT | +0.0047% | 8h | 92.908 | +0.024% | $12.5M | $2.7M | 50x | as long as short |
| 01 Exchange HYPEUSD | +0.0048% | 1h | 92.918 | +0.035% | $87K | $361K | 20x | as long as short |
| Bitget HYPEUSDT | +0.0058% | 4h | 92.899 | +0.014% | $225.0M | $99.2M | 75x | as long as short |
| Popdex HYPEUSDT | +0.0072% | 1h | 92.886 | 0.000% | $70K | $1.1M | 50x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 92.920 | +0.036% | $16.0M | $62.6M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 92.918 | +0.035% | $3.1M | $11.6M | 20x | as long as short |
| Paradex HYPE-USD-PERP | +0.0097% | 8h | 92.908 | +0.024% | $339K | $163K | 20x | as long as short |
| edgeX HYPEUSDC | +0.0099% | 4h | 92.802 | −0.091% | $4.9M | $29.6M | 30x | as long as short |
| Katana Perps HYPE-USD | +0.0099% | 8h | 92.880 | −0.006% | $37K | $1.7M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 92.879 | −0.008% | $7.6M | $45.9M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 92.931 | +0.049% | $2.02B | $666.4M | 10x | as long as short |
| Aster HYPEUSDT | +0.0100% | 4h | 92.895 | +0.010% | $8.7M | $36.1M | 300x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 92.911 | +0.027% | $10.0M | $15.2M | 20x | as long as short |
| Binance HYPEUSDT | +0.0100% | 4h | 92.899 | +0.015% | $373.6M | $905.4M | 75x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0100% | 8h | 92.898 | +0.013% | $113.9M | $304.5M | 50x | as long as short |
| Gate HYPE_USDT | +0.0100% | 4h | 92.877 | −0.010% | $45.0M | $54.1M | 75x | as long as short |
| MEXC HYPE_USDT | +0.0100% | 4h | 92.895 | +0.010% | $87.1M | $80.3M | 100x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 92.884 | −0.002% | $46.1M | $18.4M | 75x | as long as short |
| BingX HYPE-USDT | +0.0100% | 4h | 92.895 | +0.010% | — | $54.0M | — | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 92.890 | +0.004% | $7.3M | $11.3M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 92.829 | −0.062% | $28.5M | $57.4M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 92.842 | −0.047% | $7.5M | $46.6M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 92.921 | +0.038% | $341K | $1.0M | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 92.833 | −0.057% | $667K | $2.8M | 20x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 92.928 | +0.045% | — | $243K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 92.928 | +0.045% | $468K | $2.6M | 20x | as long as short |
| Bluefin HYPE-PERP | +0.0100% | 1h | 92.880 | −0.006% | $79K | $167K | 20x | as long as short |
| Derive HYPE-PERP | +0.0100% | 1h | 92.878 | −0.009% | $16.0M | $7.5M | 10x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 92.954 | +0.073% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 92.895 | +0.010% | $2.0M | $2.0M | 10x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 92.770 | −0.125% | $202K | $13K | 10x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 92.870 | −0.018% | $18.0M | $43.6M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0104% | 1h | 92.886 | 0.000% | $393K | $164K | 20x | as long as short |
| HTX HYPE-USDT | +0.0113% | 4h | 93.051 | +0.178% | $1.4M | $6.3M | 75x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0144% | 1h | 92.970 | +0.091% | $4.7M | $5.6M | 50x | as long as short |
| Kalshi KXHYPEPERP | +0.0150% | 8h | 92.971 | +0.092% | $1.8M | $5.4M | 2.3x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0197% | 1h | 92.957 | +0.077% | $20.6M | $30.5M | 50x | as long as short |
| Injective HYPE/USDC PERP | +0.0242% | 1h | 93.150 | +0.284% | $30K | $339K | 12x | as long as short |
| Reya HYPERUSDPERP | +0.0265% | 1h | 92.883 | −0.004% | $79K | $131K | 15x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0331% / S −0.0154% | 1h | 92.909 | +0.024% | $1.4M | — | 100x | as long as short |
| BloFin HYPE-USDT | +0.0340% | 4h | 92.864 | −0.024% | $16.8M | $11.6M | 75x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0428% | 1h | 92.983 | +0.105% | $7.5M | $4.5M | 50x | as long as short |
| RISEx HYPE/USDC | +0.0598% | 1h | 92.954 | +0.073% | $3.2M | $6.4M | 20x | as long as short |
Bullet HYPE-USD
Ondo Perps HYPE-USD.P
Phemex HYPEUSDT
01 Exchange HYPEUSD
Bitget HYPEUSDT
Popdex HYPEUSDT
Lighter HYPE
Lighter RH HYPE
Paradex HYPE-USD-PERP
edgeX HYPEUSDC
Katana Perps HYPE-USD
Nado HYPE-PERP
Hyperliquid HYPE
Aster HYPEUSDT
Pacifica HYPE
Binance HYPEUSDT
OKX HYPE-USDT-SWAP
Gate HYPE_USDT
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
Bulk HYPE-USD
Extended HYPE-USD
Aevo HYPE-PERP
HTX HYPE-USDT
Coinbase International HYPE-PERP-INTX
Kalshi KXHYPEPERP
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