HYPE

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	PhoenixHYPE	90.654	+0.0514	pay 0.0064% / 1h	31m 56s	$1.0M	$1.5M	10x	Long Phoenix
SHORT	AvantisHYPE/USD	90.377	L +0.0233S +0.0034	pay 0.0004% / 1h	31m 56s	$55K	—	20x	Short Avantis

Price gap−0.306%60s

Funding gap−0.0548% /8h

Both sides work against this direction now: funding costs $16 a day on $10k and the gap is 0.306% under zero (no 7-day history yet). Swap the legs.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding−$68−0.0548% /8h now · paid −0.680% over the last 7D

Price—spread −0.306%60s now · prices read too far apart to compare

Costsno datano order book for Avantis

Result, before costs—+ Points / potential airdropAvantis: Season 3 · farm boardneeds both prices read together

Price and funding

1h · history

Price spread

Prices

Fundingper 8h

PRICE SPREAD · 7D

Now−0.306%

Average—

Range—

Wider than now—

FUNDING SPREAD · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

HYPE on 55 exchanges

lowest funding first

Before you open

3 ok · 2 to watch

Note: Order book unknown—
No order-book sample for Avantis: its slippage is not counted.
Note: Margin at max leverage$1,000 + $500
Phoenix 10x, Avantis 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
OK: Same payment interval1h / 1h
Both legs pay at the same time.
Next 24h at the current rates, on $10k a leg: −$16.45Long Phoenix: 24 payments, −$15.42; short Avantis: 24 payments, −$1.03.
Watch: Prices read 60 s apart−0.306% vs —
Part of this gap may be the market moving.
Watch: Short leg is thinner$55K vs $1.0M OI
Avantis sets your exit cost. Check its book before closing.
OK: Points on a legAvantis Season 3
Volume here counts toward the points program.
OK: No KYC on either legPhoenix No · Avantis No
Both exchanges let you trade without ID.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned−0.0324%/8h × 21 periods−$68.02

Price spreadprices read too far apart to compare—

Slippage, 4 ordersno data for Avantis—

Fee Phoenix bp × 2 orders−$7.00

Fee Avantis bp × 2 orders−$9.00

Net, fees only · 7 days · $10k−$84.02

price spread not counted: prices read too far apart

Costs to cover0.160%Break-evennever at this rate

Slippage: Phoenix: live order book, 8 min ago; Avantis: no order-book sample

Cost to enter

taker + slippage from mid, one side

BUY · LONGPhoenix1.105.6 bp−$610.5 bp−$105doesn’t fitdoesn’t fit

SELL · SHORTAvantis—————

Closing costs about the same again.
Avantis: no data.

HYPE news

posts that mention HYPE, from every exchangeSearch all news →

09-30 18:40	Hotstuff	Listing	HYPE-PERP no longer reported ($HYPE) seen by our collector
09-29 15:00	Coinbase International	Other	Assets you swore you'd never sell: - HYPE - ZEC Assets you can now instantly borrow up to $100k against instead of selling: - HYPE - ZEC Guess that works out. @coinbase on X ↗
09-29 14:58	BingX	Contest	Your next trade could come with extra rewards 😎 Share a 200,000 USDT prize pool, with up to 500 USDT per trader. New users can claim 15 USDT trading BTC, ETH or HYPE, plus daily trading rewards of 15 USDT. Join on BingX before Oct 7👇 @BingXOfficial on X ↗
09-28 18:50	Aevo	Other	bitcoin:native is back near $83k after trading above $86k last week. Whether you trade the continuation or pullback, all options and this week’s Perp Majors count toward the volume requirement for our year-end reward. This week’s Perp Majors include: BTC, ETH, SOL, ZEC, NEAR, HYPE, LIT, SPY, QQQ, HOOD, SNDK, MU, NVDA, TSLA, GOOGL. @aevoxyz on X ↗
09-28 15:17	OKX	Other	New X Drops just went live in Europe. Trade XDP, HYPE, TAO, LINK, PUMP, UNI, LTC, DOGE, FET, or AAVE for a share of 23M $XDP. $XDP trades get a 3× boost. @okx on X ↗
09-24 07:40	Binance	Listing	Binance will list @HyperliquidX (HYPE) with the Seed Tag applied. More info → @binance on X ↗