Funding you earn now, next payment 23:00 UTC−0.0147%/8h= −16.1% APRpaid last 24h −0.042%
Price spread now: OKX against Reya0.000%7-day average −0.011% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.022%−$2 on $10k
+Price spread, last 3 days (all we have)−0.287%−$29 · spread now 0.000%, 7d avg −0.011%
=Together, before fees−0.309%+ Points / potential airdropReya: Active · farm board−$31 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.011%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya HYPERUSDPERP | 92.962 | 0.0247 | pay 0.0031% / 1h | 29m 33s | $77K | $158K | 15x |
| Short | OKX HYPE-USDT-SWAP | 92.962 | 0.0100 | get 0.0100% / 8h | 1h 29m | $113.5M | $313.8M | 50x |
Reya HYPERUSDPERP
OKX HYPE-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$30.82
- Price spread: 0.000% → −0.011%
- $1.13
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$45.68
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Reya: no order-book sample; OKX: live order book, 5 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 OKX live order book, 5 min ago | 0.05 bp | 6.9 bp −$7 | 9.9 bp −$99 | 18.6 bp −$1,860 | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps HYPEUSD | −0.0401% | 1h | 93.019 | +0.061% | $22K | $22K | 10x | as long as short |
| Hibachi HYPE/USDT-P | −0.0256% | 1h | 92.932 | −0.032% | $196K | $230K | 7x | as long as short |
| Arcus HYPE-USD | −0.0131% | 1h | 92.924 | −0.041% | $1.2M | $4.0M | 10x | as long as short |
| Ondo Perps HYPE-USD.P | −0.0123% | 1h | 92.870 | −0.099% | $698K | $924K | 10x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 92.921 | −0.044% | $3K | $331 | 25x | as long as short |
| 01 Exchange HYPEUSD | −0.0032% | 1h | 92.968 | +0.007% | $90K | $362K | 20x | as long as short |
| Popdex HYPEUSDT | −0.0016% | 1h | 92.961 | −0.001% | $58K | $1.2M | 50x | as long as short |
| Aster HYPEUSDT | −0.0010% | 4h | 92.923 | −0.042% | $8.8M | $36.0M | 300x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 93.015 | +0.058% | $127K | $32K | 5x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 92.990 | +0.030% | $23K | $331K | 10x | as long as short |
Aftermath Perps HYPEUSD
Hibachi HYPE/USDT-P
Arcus HYPE-USD
Ondo Perps HYPE-USD.P
Hotstuff HYPE-PERP
01 Exchange HYPEUSD
Popdex HYPEUSDT
Aster HYPEUSDT
dYdX HYPE-USD
Perpl HYPEShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0001% | 1h | 93.038 | +0.082% | $20K | — | 150x | as long as short |
| Bybit HYPEUSDT | +0.0024% | 8h | 92.950 | −0.013% | $322.5M | $287.3M | 75x | as long as short |
| Orderly PERP_HYPE_USDC | +0.0025% | 4h | 92.931 | −0.033% | $171K | $518K | 20x | as long as short |
| Derive HYPE-PERP | +0.0033% | 1h | 92.879 | −0.089% | $16.2M | $7.1M | 10x | as long as short |
| Phoenix HYPE | +0.0034% | 1h | 93.033 | +0.077% | $213K | $1.2M | 10x | as long as short |
| Gate HYPE_USDT | +0.0038% | 4h | 92.977 | +0.016% | $43.8M | $58.4M | 75x | as long as short |
| Bullet HYPE-USD | +0.0039% | 1h | 92.989 | +0.029% | $111K | $580K | 20x | as long as short |
| MEXC HYPE_USDT | +0.0070% | 4h | 92.970 | +0.009% | $90.0M | $81.9M | 100x | as long as short |
| Binance HYPEUSDT | +0.0070% | 4h | 92.964 | +0.003% | $382.0M | $894.8M | 75x | as long as short |
| edgeX HYPEUSDC | +0.0086% | 4h | 93.085 | +0.133% | $5.1M | $29.6M | 30x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 92.998 | +0.039% | $18.5M | $58.8M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 92.972 | +0.011% | $3.1M | $12.1M | 20x | as long as short |
| Paradex HYPE-USD-PERP | +0.0098% | 8h | 92.948 | −0.015% | $338K | $170K | 20x | as long as short |
| Katana Perps HYPE-USD | +0.0100% | 8h | 93.010 | +0.052% | $34K | $1.6M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 92.978 | +0.018% | $5.9M | $44.1M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 92.999 | +0.040% | $2.02B | $671.9M | 10x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 93.003 | +0.045% | $9.9M | $14.3M | 20x | as long as short |
| OKX HYPE-USDT-SWAPshort | +0.0100% | 8h | 92.962 | 0.000% | $113.5M | $313.8M | 50x | |
| Bulk HYPE-USD | +0.0100% | 1h | 93.030 | +0.073% | $203K | $8K | 10x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 92.979 | +0.019% | $46.9M | $18.9M | 75x | as long as short |
| Bitget HYPEUSDT | +0.0100% | 4h | 92.979 | +0.019% | $225.3M | $103.0M | 75x | as long as short |
| BingX HYPE-USDT | +0.0100% | 4h | 92.985 | +0.025% | — | $53.9M | — | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 92.921 | −0.044% | $7.8M | $11.1M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 93.003 | +0.045% | $28.9M | $50.6M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 92.981 | +0.021% | $7.5M | $46.0M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 93.095 | +0.143% | $412K | $1.0M | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 93.014 | +0.056% | $673K | $2.5M | 20x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 92.990 | +0.031% | — | $454K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 92.992 | +0.032% | $492K | $2.5M | 20x | as long as short |
| Bluefin HYPE-PERP | +0.0100% | 1h | 92.908 | −0.058% | $75K | $168K | 20x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 92.936 | −0.028% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 92.911 | −0.055% | $2.0M | $2.0M | 10x | as long as short |
| Phemex HYPEUSDT | +0.0100% | 8h | 92.936 | −0.028% | $12.7M | $2.6M | 50x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 92.970 | +0.009% | $18.2M | $42.1M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0104% | 1h | 92.899 | −0.068% | $395K | $318K | 20x | as long as short |
| Kalshi KXHYPEPERP | +0.0109% | 8h | 92.991 | +0.031% | $1.9M | $5.3M | 2.3x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0176% | 1h | 92.970 | +0.009% | $4.9M | $5.7M | 50x | as long as short |
| Injective HYPE/USDC PERP | +0.0239% | 1h | 92.950 | −0.013% | $30K | $338K | 12x | as long as short |
| HTX HYPE-USDT | +0.0243% | 4h | 93.090 | +0.138% | $1.5M | $7.7M | 75x | as long as short |
| Reya HYPERUSDPERPlong | +0.0247% | 1h | 92.962 | long leg | $77K | $158K | 15x | |
| RISEx HYPE/USDC | +0.0280% | 1h | 93.022 | +0.065% | $2.7M | $6.8M | 20x | as long as short |
| BloFin HYPE-USDT | +0.0293% | 4h | 92.998 | +0.039% | $16.9M | $12.4M | 75x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0339% / S −0.0158% | 1h | 92.938 | −0.026% | $1.4M | — | 100x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0467% | 1h | 93.031 | +0.074% | $20.8M | $28.9M | 50x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0482% | 1h | 93.021 | +0.064% | $7.4M | $4.6M | 50x | as long as short |
gTrade (Gains Network) HYPE/USD
Bybit HYPEUSDT
Orderly PERP_HYPE_USDC
Derive HYPE-PERP
Phoenix HYPE
Gate HYPE_USDT
Bullet HYPE-USD
MEXC HYPE_USDT
Binance HYPEUSDT
edgeX HYPEUSDC
Lighter HYPE
Lighter RH HYPE
Paradex HYPE-USD-PERP
Katana Perps HYPE-USD
Nado HYPE-PERP
Hyperliquid HYPE
Pacifica HYPE
Bulk HYPE-USD
KuCoin HYPEUSDTM
Bitget HYPEUSDT
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
SunX HYPE-USDT
SoDEX HYPE-USD
Phemex HYPEUSDT
Extended HYPE-USD
Aevo HYPE-PERP
Kalshi KXHYPEPERP
Coinbase International HYPE-PERP-INTX
Injective HYPE/USDC PERP
HTX HYPE-USDT
RISEx HYPE/USDC
BloFin HYPE-USDT
GMX HYPE/USD [WBTC.b-USDC]
Kraken Futures PF_HYPEUSD
Deribit HYPE_USDC-PERPETUAL