Funding you earn now, next payment 04:00 UTC−0.0228%/8h= −25.0% APRpaid last 24h −0.043%
Price spread now: BingX against Reya−0.015%7-day average −0.002% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.061%−$6 on $10k
+Price spread, last 4 days (all we have)−0.397%−$40 · spread now −0.015%, 7d avg −0.002%
=Together, before fees−0.458%+ Points / potential airdropReya: Active · farm board−$46 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.002%, so right now this pair is about funding alone: −$7 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.061% in total (about -6.6% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya HYPERUSDPERP | 92.299 | 0.0260 | pay 0.0033% / 1h | 49m 27s | $78K | $140K | 15x |
| Short | BingX HYPE-USDT | 92.285 | 0.0032 | get 0.0016% / 4h | 49m 27s | — | $53.2M | — |
Reya HYPERUSDPERP
BingX HYPE-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Reya. 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
- −$47.95
- Price spread: −0.015% → −0.002%
- −$1.33
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$65.28
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Reya: no order-book sample; BingX: live order book, 4 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 Reya no order-book sample | — | — | — | — | — |
| Sell BingX live order book, 4 min ago | 0.32 bp | 5.3 bp −$5 | 7.2 bp −$72 | 11.5 bp −$1,146 | 15.8 bp −$7,916 |
Reya: 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 | 92.216 | −0.090% | $1.2M | $3.8M | 10x | as long as short |
| Hibachi HYPE/USDT-P | −0.0712% | 1h | 92.416 | +0.127% | $194K | $227K | 7x | as long as short |
| Aftermath Perps HYPEUSD | −0.0115% | 1h | 92.597 | +0.323% | $22K | $21K | 10x | as long as short |
| 01 Exchange HYPEUSD | −0.0112% | 1h | 92.316 | +0.019% | $85K | $352K | 20x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 92.501 | +0.219% | $3K | $331 | 25x | as long as short |
| Orderly PERP_HYPE_USDC | −0.0068% | 4h | 92.272 | −0.029% | $157K | $663K | 20x | as long as short |
| Bullet HYPE-USD | −0.0064% | 1h | 92.280 | −0.020% | $110K | $579K | 20x | as long as short |
| Ondo Perps HYPE-USD.P | −0.0046% | 1h | 92.280 | −0.020% | $699K | $1.1M | 10x | as long as short |
| Aster HYPEUSDT | −0.0005% | 4h | 92.294 | −0.005% | $8.7M | $36.2M | 300x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 92.417 | +0.128% | $127K | $31K | 5x | as long as short |
Arcus HYPE-USD
Hibachi HYPE/USDT-P
Aftermath Perps HYPEUSD
01 Exchange HYPEUSD
Hotstuff HYPE-PERP
Orderly PERP_HYPE_USDC
Bullet HYPE-USD
Ondo Perps HYPE-USD.P
Aster HYPEUSDT
dYdX HYPE-USDShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Perpl HYPE | 0.0000% | 43m | 92.341 | +0.045% | $22K | $310K | 10x | as long as short |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0002% | 1h | 92.315 | +0.018% | $61K | — | 150x | as long as short |
| Derive HYPE-PERP | +0.0020% | 1h | 92.242 | −0.061% | $16.0M | $7.5M | 10x | as long as short |
| BingX HYPE-USDTshort | +0.0032% | 4h | 92.285 | −0.015% | — | $53.2M | — | |
| Bybit HYPEUSDT | +0.0037% | 8h | 92.280 | −0.020% | $316.6M | $279.5M | 75x | as long as short |
| Phemex HYPEUSDT | +0.0038% | 8h | 92.433 | +0.145% | $12.5M | $2.7M | 50x | as long as short |
| Phoenix HYPE | +0.0043% | 1h | 92.430 | +0.142% | $210K | $1.2M | 10x | as long as short |
| Gate HYPE_USDT | +0.0048% | 4h | 92.286 | −0.014% | $44.3M | $54.6M | 75x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0075% | 8h | 92.283 | −0.017% | $112.8M | $300.2M | 50x | as long as short |
| MEXC HYPE_USDT | +0.0078% | 4h | 92.305 | +0.007% | $87.1M | $80.2M | 100x | as long as short |
| Binance HYPEUSDT | +0.0079% | 4h | 92.293 | −0.006% | $371.0M | $893.6M | 75x | as long as short |
| Popdex HYPEUSDT | +0.0080% | 1h | 92.347 | +0.052% | $67K | $1.2M | 50x | as long as short |
| Paradex HYPE-USD-PERP | +0.0092% | 8h | 92.363 | +0.069% | $337K | $162K | 20x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 92.355 | +0.061% | $16.0M | $62.1M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 92.362 | +0.068% | $3.1M | $11.6M | 20x | as long as short |
| Katana Perps HYPE-USD | +0.0100% | 8h | 92.320 | +0.023% | $13K | $1.6M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 92.302 | +0.004% | $5.8M | $43.1M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 92.374 | +0.081% | $2.01B | $660.7M | 10x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 92.375 | +0.083% | $10.0M | $15.0M | 20x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 92.800 | +0.543% | $202K | $13K | 10x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 92.328 | +0.032% | $45.7M | $18.3M | 75x | as long as short |
| Bitget HYPEUSDT | +0.0100% | 4h | 92.281 | −0.019% | $223.2M | $97.7M | 75x | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 92.370 | +0.077% | $7.4M | $10.0M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 92.469 | +0.184% | $28.5M | $57.1M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 92.799 | +0.542% | $7.5M | $45.8M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 92.488 | +0.205% | $338K | $1.0M | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 92.443 | +0.156% | $663K | $2.7M | 20x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 92.383 | +0.091% | — | $243K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 92.356 | +0.062% | $466K | $2.6M | 20x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 92.331 | +0.035% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 92.406 | +0.116% | $2.0M | $2.0M | 10x | as long as short |
| HTX HYPE-USDT | +0.0100% | 4h | 92.600 | +0.326% | $1.4M | $6.2M | 75x | as long as short |
| edgeX HYPEUSDC | +0.0103% | 4h | 92.776 | +0.517% | $5.1M | $29.2M | 30x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 92.258 | −0.045% | $18.1M | $43.4M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0104% | 1h | 92.276 | −0.025% | $390K | $164K | 20x | as long as short |
| Injective HYPE/USDC PERP | +0.0150% | 1h | 92.250 | −0.053% | $30K | $339K | 12x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0160% | 1h | 92.480 | +0.196% | $4.7M | $5.5M | 50x | as long as short |
| Reya HYPERUSDPERPlong | +0.0260% | 1h | 92.299 | long leg | $78K | $140K | 15x | |
| Kalshi KXHYPEPERP | +0.0262% | 8h | 92.513 | +0.232% | $1.8M | $5.4M | 2.3x | as long as short |
| BloFin HYPE-USDT | +0.0317% | 4h | 92.544 | +0.266% | $16.8M | $11.5M | 75x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0329% / S −0.0153% | 1h | 92.313 | +0.015% | $1.4M | — | 100x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0333% | 1h | 92.330 | +0.034% | $20.5M | $30.4M | 50x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0378% | 1h | 92.379 | +0.087% | $7.5M | $4.4M | 50x | as long as short |
| RISEx HYPE/USDC | +0.0687% | 1h | 92.395 | +0.104% | $3.1M | $6.4M | 20x | as long as short |
| Bluefin HYPE-PERP | +0.0850% | 1h | 92.242 | −0.062% | $78K | $169K | 20x | as long as short |
Perpl HYPE
gTrade (Gains Network) HYPE/USD
Derive HYPE-PERP
Bybit HYPEUSDT
Phemex HYPEUSDT
Phoenix HYPE
Gate HYPE_USDT
OKX HYPE-USDT-SWAP
MEXC HYPE_USDT
Binance HYPEUSDT
Popdex HYPEUSDT
Paradex HYPE-USD-PERP
Lighter HYPE
Lighter RH HYPE
Katana Perps HYPE-USD
Nado HYPE-PERP
Hyperliquid HYPE
Pacifica HYPE
Bulk HYPE-USD
KuCoin HYPEUSDTM
Bitget HYPEUSDT
Backpack HYPE_USDC_PERP
Variational Omni HYPE
GRVT HYPE_USDT_Perp
ApeX Omni HYPEUSDT
StandX HYPE-USD
Vest HYPE-PERP
Polymarket Perps HYPE-USD
SunX HYPE-USDT
SoDEX HYPE-USD
HTX HYPE-USDT
edgeX HYPEUSDC
Extended HYPE-USD
Aevo HYPE-PERP
Injective HYPE/USDC PERP
Coinbase International HYPE-PERP-INTX
Kalshi KXHYPEPERP
BloFin HYPE-USDT
GMX HYPE/USD [WBTC.b-USDC]
Kraken Futures PF_HYPEUSD
Deribit HYPE_USDC-PERPETUAL
RISEx HYPE/USDC
Bluefin HYPE-PERP