Settings8H · net · $10k
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Funding arb · Price arb /

HYPE

all HYPE markets
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Alert: funding
Measured
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Alert: spread
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Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRnext payment −$0.00 per $10,000 · paid last 24h +0.004%
Price spread now: Lighter RH against Popdex+0.023%7-day average −0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$7as in the Price arb table
costs, in and out, $10k−$110.106% of the position
Long on PopdexShort on Lighter RH
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.002%$0 on $10k
Price spread, last 7 days−0.016%−$2 · spread now +0.023%, 7d avg −0.010%
Together, before fees−0.015%+ Points / potential airdropLighter RH: Points live · farm board−$1 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Lighter RH is 0.033% dearer against Popdex than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.010%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPopdex HYPEUSDT93.8640.0096pay 0.0012% / 1h7m 18s$64K$1.2M50x
ShortLighter RH HYPE93.8860.0096get 0.0012% / 1h7m 18s$3.0M$12.2M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter RH against Popdex. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: +0.023% → −0.010%
$3.32
Slippage, 4 orders
−$4.24
Fee Popdex: 3.2 bp × 2 orders
−$6.4
Fee Lighter RH: 0 bp × 2 orders
$0
Net
−$7.32
Costs to cover
0.106%
Break-even
never at this rate
Slippage from Popdex: live order book, 2 min ago; Lighter RH: live order book, 7 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Popdex live order book, 2 min ago0.27 bp3.5 bp −$44.3 bp −$4326.8 bp −$2,678doesn't fit
Sell Lighter RH live order book, 7 min ago0.05 bp2.6 bp −$35.8 bp −$5833.4 bp −$3,338doesn't fit

HYPE on 55 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hibachi HYPE/USDT-P−0.1152%1h93.929+0.069%$199K$228K7xas long as short
Arcus HYPE-USD−0.0625%1h93.779−0.091%$1.2M$3.9M10xas long as short
Aftermath Perps HYPEUSD−0.0207%1h93.950+0.092%$22K$21K10xas long as short
Ondo Perps HYPE-USD.P−0.0097%1h93.860−0.004%$710K$958K10xas long as short
dYdX HYPE-USD−0.0085%1h93.911+0.050%$129K$31K5xas long as short
01 Exchange HYPEUSD−0.0080%1h93.865+0.001%$86K$359K20xas long as short
Hotstuff HYPE-PERP−0.0080%1h93.895+0.033%$3K$33125xas long as short
Phemex HYPEUSDT−0.0054%8h93.917+0.056%$12.8M$2.6M50xas long as short
Bullet HYPE-USD−0.0049%1h93.849−0.016%$113K$580K20xas long as short
Orderly PERP_HYPE_USDC−0.0032%4h93.846−0.019%$159K$643K20xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate HYPE_USDT−0.0016%4h93.862−0.002%$44.4M$60.3M75xas long as short
Perpl HYPE0.0000%43m93.909+0.048%$23K$327K10xas long as short
gTrade (Gains Network) HYPE/USDL +0.0002% / S −0.0003%1h93.886+0.024%$27K—150xas long as short
Aster HYPEUSDT+0.0009%4h93.876+0.013%$8.9M$36.0M300xas long as short
Derive HYPE-PERP+0.0010%1h93.817−0.050%$16.4M$7.6M10xas long as short
Bybit HYPEUSDT+0.0020%8h93.860−0.004%$323.1M$279.0M75xas long as short
Phoenix HYPE+0.0034%1h94.045+0.193%$214K$1.2M10xas long as short
Binance HYPEUSDT+0.0054%4h93.867+0.003%$383.3M$893.7M75xas long as short
edgeX HYPEUSDC+0.0055%4h94.001+0.146%$5.1M$29.7M30xas long as short
MEXC HYPE_USDT+0.0056%4h93.867+0.003%$88.3M$83.3M100xas long as short
OKX HYPE-USDT-SWAP+0.0072%8h93.858−0.006%$116.0M$314.8M50xas long as short
Bluefin HYPE-PERP+0.0088%1h93.848−0.017%$76K$170K20xas long as short
Lighter HYPE+0.0096%1h93.900+0.039%$18.9M$60.7M20xas long as short
Lighter RH HYPEshort+0.0096%1h93.886+0.023%$3.0M$12.2M20x
Popdex HYPEUSDTlong+0.0096%1h93.864long leg$64K$1.2M50x
Aevo HYPE-PERP+0.0096%1h93.840−0.025%$399K$180K20xas long as short
Paradex HYPE-USD-PERP+0.0099%8h93.921+0.061%$341K$165K20xas long as short
Katana Perps HYPE-USD+0.0100%8h93.890+0.028%$31K$1.6M10xas long as short
Nado HYPE-PERP+0.0100%1h93.874+0.010%$6.6M$44.6M10xas long as short
Hyperliquid HYPE+0.0100%1h93.926+0.066%$2.05B$668.4M10xas long as short
Pacifica HYPE+0.0100%1h93.923+0.063%$10.1M$14.7M20xas long as short
KuCoin HYPEUSDTM+0.0100%4h93.877+0.014%$46.6M$18.3M75xas long as short
Bitget HYPEUSDT+0.0100%4h93.870+0.006%$227.3M$100.2M75xas long as short
BingX HYPE-USDT+0.0100%4h93.859−0.005%—$53.9M—as long as short
Backpack HYPE_USDC_PERP+0.0100%1h93.807−0.061%$7.9M$10.6M20xas long as short
Variational Omni HYPE+0.0100%8h93.920+0.059%$31.4M$53.7M—as long as short
GRVT HYPE_USDT_Perp+0.0100%4h93.999+0.144%$7.6M$46.1M10xas long as short
ApeX Omni HYPEUSDT+0.0100%1h94.020+0.166%$340K$1.1M50xas long as short
StandX HYPE-USD+0.0100%1h93.897+0.035%$670K$2.6M20xas long as short
Vest HYPE-PERP+0.0100%1h93.913+0.052%—$243K5xas long as short
Polymarket Perps HYPE-USD+0.0100%1h93.898+0.036%$474K$2.5M20xas long as short
SunX HYPE-USDT+0.0100%4h93.917+0.056%$32K$1.6M20xas long as short
SoDEX HYPE-USD+0.0100%1h93.871+0.007%$2.0M$2.0M10xas long as short
Bulk HYPE-USD+0.0100%1h93.894+0.032%$204K$10K10xas long as short
Extended HYPE-USD+0.0104%1h93.849−0.016%$18.4M$45.1M50xas long as short
Coinbase International HYPE-PERP-INTX+0.0144%1h93.900+0.038%$4.9M$5.5M50xas long as short
Injective HYPE/USDC PERP+0.0205%1h93.810−0.058%$31K$338K12xas long as short
BloFin HYPE-USDT+0.0218%4h93.919+0.059%$17.1M$12.1M75xas long as short
RISEx HYPE/USDC+0.0222%1h93.915+0.054%$2.7M$6.7M20xas long as short
Kalshi KXHYPEPERP+0.0244%8h93.947+0.088%$1.9M$5.1M2.3xas long as short
Reya HYPERUSDPERP+0.0252%1h93.857−0.008%$79K$143K15xas long as short
GMX HYPE/USD [WBTC.b-USDC]L +0.0335% / S −0.0156%1h93.886+0.023%$1.4M—100xas long as short
HTX HYPE-USDT+0.0367%4h94.069+0.218%$1.5M$5.9M75xas long as short
Deribit HYPE_USDC-PERPETUAL+0.0410%1h93.963+0.105%$7.5M$4.6M50xas long as short
Kraken Futures PF_HYPEUSD+0.0672%1h93.955+0.097%$20.9M$29.8M50xas long as short