Funding you earn now, next payment 03:48 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.021%
Price spread now: SunX against Perpl−0.022%7-day average +0.061% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.155%+$15 on $10k
+Price spread, last 4 days (all we have)−0.045%−$4 · spread now −0.022%, 7d avg +0.061%
=Together, before fees+0.110%+ Points / potential airdropPerpl: Active · farm board+$11 on $10k · with fees, hour by hour
Funding pays, the price is against you. SunX is 0.083% cheaper against Perpl than usual: you would sell low and buy high (spread −0.022% now, against its 7-day average of +0.061%). If the spread goes back, that is −$8 on $10k: about 2.8 days of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Perpl HYPE | 92.859 | 0 | get 0.0000% / 43m | 16m 01s | $22K | $302K | 10x |
| Short | SunX HYPE-USDT | 92.839 | 0.0100 | get 0.0050% / 4h | 2m 01s | $32K | $1.6M | 20x |
Perpl HYPE
SunX HYPE-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- $21
- Price spread: −0.022% → +0.061%
- −$8.27
- Slippage, 4 orders
- no order book: not counted
- Fee Perpl: 6.9 bp × 2 orders
- −$13.8
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$9.07
- Costs to cover
- 0.218%
- Break-even
- 10.0 days
Slippage unknown: Perpl: no order-book sample; SunX: live order book, 3 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 SunX live order book, 3 min ago | 18.91 bp | 33.1 bp −$33 | doesn't fit | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Arcus HYPE-USD | −0.0948% | 1h | 92.815 | −0.048% | $1.1M | $3.9M | 10x | as long as short |
| Hibachi HYPE/USDT-P | −0.0408% | 1h | 92.738 | −0.131% | $194K | $225K | 7x | as long as short |
| Aftermath Perps HYPEUSD | −0.0271% | 1h | 92.811 | −0.052% | $22K | $21K | 10x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 92.878 | +0.020% | $3K | $331 | 25x | as long as short |
| Orderly PERP_HYPE_USDC | −0.0064% | 4h | 92.852 | −0.008% | $157K | $653K | 20x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 92.865 | +0.006% | $127K | $29K | 5x | as long as short |
| 01 Exchange HYPEUSD | 0.0000% | 1h | 92.871 | +0.013% | $86K | $361K | 20x | as long as short |
| Perpl HYPElong | 0.0000% | 43m | 92.859 | long leg | $22K | $302K | 10x | |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0002% | 1h | 92.880 | +0.022% | $62K | — | 150x | as long as short |
| Phemex HYPEUSDT | +0.0025% | 8h | 92.865 | +0.006% | $12.5M | $2.7M | 50x | as long as short |
Arcus HYPE-USD
Hibachi HYPE/USDT-P
Aftermath Perps HYPEUSD
Hotstuff HYPE-PERP
Orderly PERP_HYPE_USDC
dYdX HYPE-USD
01 Exchange HYPEUSD
gTrade (Gains Network) HYPE/USD
Phemex HYPEUSDTShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bullet HYPE-USD | +0.0029% | 1h | 92.837 | −0.024% | $111K | $579K | 20x | as long as short |
| BingX HYPE-USDT | +0.0036% | 4h | 92.869 | +0.011% | — | $53.5M | — | as long as short |
| Ondo Perps HYPE-USD.P | +0.0038% | 1h | 92.800 | −0.064% | $697K | $1.1M | 10x | as long as short |
| Phoenix HYPE | +0.0043% | 1h | 92.755 | −0.112% | $210K | $1.2M | 10x | as long as short |
| Bybit HYPEUSDT | +0.0045% | 8h | 92.853 | −0.007% | $316.7M | $281.2M | 75x | as long as short |
| Aster HYPEUSDT | +0.0066% | 4h | 92.876 | +0.018% | $8.7M | $36.1M | 300x | as long as short |
| Bitget HYPEUSDT | +0.0088% | 4h | 92.873 | +0.015% | $224.8M | $98.7M | 75x | as long as short |
| edgeX HYPEUSDC | +0.0094% | 4h | 92.749 | −0.119% | $4.9M | $29.6M | 30x | as long as short |
| Paradex HYPE-USD-PERP | +0.0095% | 8h | 92.887 | +0.029% | $339K | $163K | 20x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 92.882 | +0.024% | $16.1M | $62.8M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 92.886 | +0.029% | $3.1M | $11.8M | 20x | as long as short |
| Popdex HYPEUSDT | +0.0096% | 1h | 92.859 | 0.000% | $69K | $1.1M | 50x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0097% | 8h | 92.866 | +0.007% | $113.9M | $303.6M | 50x | as long as short |
| Katana Perps HYPE-USD | +0.0099% | 8h | 92.850 | −0.010% | $38K | $1.7M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 92.856 | −0.004% | $7.5M | $45.7M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 92.904 | +0.048% | $2.02B | $663.2M | 10x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 92.891 | +0.034% | $10.0M | $15.2M | 20x | as long as short |
| Binance HYPEUSDT | +0.0100% | 4h | 92.873 | +0.015% | $373.1M | $902.4M | 75x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 92.800 | −0.064% | $202K | $13K | 10x | as long as short |
| Gate HYPE_USDT | +0.0100% | 4h | 92.862 | +0.003% | $44.5M | $55.4M | 75x | as long as short |
| MEXC HYPE_USDT | +0.0100% | 4h | 92.873 | +0.015% | $88.2M | $81.2M | 100x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 92.875 | +0.017% | $46.1M | $18.4M | 75x | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 92.877 | +0.019% | $7.3M | $11.3M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 92.689 | −0.184% | $28.5M | $57.4M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 92.776 | −0.090% | $7.5M | $46.2M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 92.773 | −0.093% | $350K | $1.0M | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 92.867 | +0.008% | $667K | $2.7M | 20x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 92.900 | +0.044% | — | $243K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 92.902 | +0.046% | $468K | $2.6M | 20x | as long as short |
| Bluefin HYPE-PERP | +0.0100% | 1h | 92.867 | +0.008% | $79K | $168K | 20x | as long as short |
| Derive HYPE-PERP | +0.0100% | 1h | 92.838 | −0.023% | $16.1M | $7.5M | 10x | as long as short |
| SunX HYPE-USDTshort | +0.0100% | 4h | 92.839 | −0.022% | $32K | $1.6M | 20x | |
| SoDEX HYPE-USD | +0.0100% | 1h | 92.882 | +0.025% | $2.0M | $2.0M | 10x | as long as short |
| HTX HYPE-USDT | +0.0100% | 4h | 93.000 | +0.152% | $1.4M | $6.3M | 75x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 92.840 | −0.020% | $18.1M | $43.5M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0104% | 1h | 92.850 | −0.010% | $393K | $164K | 20x | as long as short |
| Injective HYPE/USDC PERP | +0.0150% | 1h | 92.960 | +0.109% | $30K | $339K | 12x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0160% | 1h | 92.920 | +0.065% | $4.7M | $5.5M | 50x | as long as short |
| Kalshi KXHYPEPERP | +0.0226% | 8h | 92.925 | +0.071% | $1.8M | $5.4M | 2.3x | as long as short |
| Reya HYPERUSDPERP | +0.0263% | 1h | 92.875 | +0.017% | $79K | $131K | 15x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0331% / S −0.0154% | 1h | 92.857 | −0.003% | $1.4M | — | 100x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0331% | 1h | 92.962 | +0.111% | $7.5M | $4.5M | 50x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0331% | 1h | 92.933 | +0.080% | $20.6M | $30.4M | 50x | as long as short |
| BloFin HYPE-USDT | +0.0340% | 4h | 92.869 | +0.011% | $16.8M | $11.6M | 75x | as long as short |
| RISEx HYPE/USDC | +0.0687% | 1h | 92.915 | +0.060% | $3.2M | $6.4M | 20x | as long as short |
Bullet HYPE-USD
BingX HYPE-USDT
Ondo Perps HYPE-USD.P
Phoenix HYPE
Bybit HYPEUSDT
Aster HYPEUSDT
Bitget HYPEUSDT
edgeX HYPEUSDC
Paradex HYPE-USD-PERP
Lighter HYPE
Lighter RH HYPE
Popdex HYPEUSDT
OKX HYPE-USDT-SWAP
Katana Perps HYPE-USD
Nado HYPE-PERP
Hyperliquid HYPE
Pacifica HYPE
Binance HYPEUSDT
Bulk HYPE-USD
Gate HYPE_USDT
MEXC HYPE_USDT
KuCoin HYPEUSDTM
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
SoDEX HYPE-USD
HTX HYPE-USDT
Extended HYPE-USD
Aevo HYPE-PERP
Injective HYPE/USDC PERP
Coinbase International HYPE-PERP-INTX
Kalshi KXHYPEPERP
Reya HYPERUSDPERP
GMX HYPE/USD [WBTC.b-USDC]
Deribit HYPE_USDC-PERPETUAL
Kraken Futures PF_HYPEUSD
BloFin HYPE-USDT
RISEx HYPE/USDC