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

HYPE

all HYPE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0736%/8h= −80.6% APRnext payment $0.92 per $10,000 · paid last 24h −0.009%
Price spread now: Aftermath Perps against RISEx−0.134%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$22 a day on $10k at the current rate, and Aftermath Perps is 0.134% cheaper against RISEx than usual: you would sell low and buy high (−$13 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx HYPE/USDC93.6280.0467pay 0.0058% / 1h31m 51s$2.8M$6.8M20x
ShortAftermath Perps HYPEUSD93.502−0.0269pay 0.0034% / 1h31m 51s$22K$22K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aftermath Perps against RISEx. 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
−$154.62
Price spread: −0.134% → 0.000%
−$13.4
Slippage, 4 orders
no order book: not counted
Fee RISEx: 3 bp × 2 orders
−$6
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Net
−$183.02
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: RISEx: live order book, 2 min ago; Aftermath Perps: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy RISEx live order book, 2 min ago0.91 bp4.9 bp −$55.7 bp −$57doesn't fitdoesn't fit
Sell Aftermath Perps no order-book sample
Aftermath Perps: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hibachi HYPE/USDT-P−0.1080%1h93.498−0.139%$197K$233K7xas long as short
Aftermath Perps HYPEUSDshort−0.0269%1h93.502−0.134%$22K$22K10x
Ondo Perps HYPE-USD.P−0.0236%1h93.520−0.115%$701K$941K10xas long as short
Hotstuff HYPE-PERP−0.0080%1h93.567−0.065%$3K$33125xas long as short
01 Exchange HYPEUSD−0.0072%1h93.593−0.037%$89K$348K20xas long as short
Bullet HYPE-USD−0.0034%1h93.554−0.079%$112K$583K20xas long as short
dYdX HYPE-USD0.0000%1h93.563−0.069%$127K$32K5xas long as short
Perpl HYPE0.0000%43m93.573−0.059%$23K$337K10xas long as short
Derive HYPE-PERP+0.0001%1h93.510−0.126%$16.4M$7.1M10xas long as short
gTrade (Gains Network) HYPE/USDL +0.0002% / S −0.0001%1h93.598−0.032%$20K150xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster HYPEUSDT+0.0018%4h93.563−0.069%$9.0M$35.8M300xas long as short
Gate HYPE_USDT+0.0034%4h93.547−0.086%$44.1M$56.6M75xas long as short
Bybit HYPEUSDT+0.0037%8h93.550−0.083%$325.9M$287.3M75xas long as short
Phoenix HYPE+0.0068%1h93.549−0.084%$216K$1.2M10xas long as short
Orderly PERP_HYPE_USDC+0.0069%4h93.566−0.066%$179K$530K20xas long as short
Popdex HYPEUSDT+0.0080%1h93.558−0.075%$57K$1.2M50xas long as short
Lighter HYPE+0.0096%1h93.602−0.028%$18.6M$59.5M20xas long as short
Lighter RH HYPE+0.0096%1h93.587−0.044%$3.1M$12.3M20xas long as short
Paradex HYPE-USD-PERP+0.0100%8h93.585−0.045%$340K$170K20xas long as short
Katana Perps HYPE-USD+0.0100%8h93.570−0.062%$40K$1.6M10xas long as short
Nado HYPE-PERP+0.0100%1h93.561−0.071%$6.0M$44.1M10xas long as short
Hyperliquid HYPE+0.0100%1h93.649+0.023%$2.04B$668.6M10xas long as short
Pacifica HYPE+0.0100%1h93.587−0.044%$10.0M$14.4M20xas long as short
Binance HYPEUSDT+0.0100%4h93.548−0.085%$386.0M$888.1M75xas long as short
OKX HYPE-USDT-SWAP+0.0100%8h93.545−0.088%$114.9M$315.7M50xas long as short
Arcus HYPE-USD+0.0100%1h93.539−0.095%$1.2M$4.0M10xas long as short
Bulk HYPE-USD+0.0100%1h93.403−0.240%$204K$12K10xas long as short
MEXC HYPE_USDT+0.0100%4h93.546−0.087%$93.5M$82.2M100xas long as short
KuCoin HYPEUSDTM+0.0100%4h93.577−0.054%$46.4M$18.8M75xas long as short
Bitget HYPEUSDT+0.0100%4h93.585−0.046%$227.3M$102.2M75xas long as short
BingX HYPE-USDT+0.0100%4h93.547−0.086%$54.2Mas long as short
Backpack HYPE_USDC_PERP+0.0100%1h93.590−0.040%$7.9M$11.7M20xas long as short
Variational Omni HYPE+0.0100%8h93.402−0.241%$28.9M$49.8Mas long as short
GRVT HYPE_USDT_Perp+0.0100%4h93.500−0.136%$7.5M$45.1M10xas long as short
ApeX Omni HYPEUSDT+0.0100%1h93.482−0.156%$406K$1.0M50xas long as short
StandX HYPE-USD+0.0100%1h93.585−0.046%$677K$2.4M20xas long as short
Vest HYPE-PERP+0.0100%1h93.595−0.035%$454K5xas long as short
Polymarket Perps HYPE-USD+0.0100%1h93.593−0.037%$494K$2.6M20xas long as short
Bluefin HYPE-PERP+0.0100%1h93.558−0.075%$76K$168K20xas long as short
SunX HYPE-USDT+0.0100%4h93.612−0.017%$32K$1.6M20xas long as short
SoDEX HYPE-USD+0.0100%1h93.549−0.084%$2.0M$2.0M10xas long as short
Phemex HYPEUSDT+0.0100%8h93.551−0.082%$12.7M$2.6M50xas long as short
Deribit HYPE_USDC-PERPETUAL+0.0102%1h93.651+0.025%$7.4M$4.6M50xas long as short
Extended HYPE-USD+0.0104%1h93.535−0.099%$18.4M$41.1M50xas long as short
Aevo HYPE-PERP+0.0104%1h93.577−0.055%$398K$318K20xas long as short
edgeX HYPEUSDC+0.0117%4h93.456−0.183%$5.1M$29.6M30xas long as short
Kalshi KXHYPEPERP+0.0123%8h93.644+0.017%$1.9M$5.3M2.3xas long as short
Coinbase International HYPE-PERP-INTX+0.0208%1h93.610−0.019%$4.9M$5.7M50xas long as short
Reya HYPERUSDPERP+0.0245%1h93.557−0.076%$78K$158K15xas long as short
Injective HYPE/USDC PERP+0.0285%1h93.710+0.088%$30K$231K12xas long as short
HTX HYPE-USDT+0.0335%4h93.732+0.111%$1.5M$7.6M75xas long as short
GMX HYPE/USD [WBTC.b-USDC]L +0.0339% / S −0.0164%1h93.595−0.035%$1.4M100xas long as short
BloFin HYPE-USDT+0.0340%4h93.559−0.073%$17.1M$12.5M75xas long as short
RISEx HYPE/USDClong+0.0467%1h93.628long leg$2.8M$6.8M20x
Kraken Futures PF_HYPEUSD+0.0572%1h93.654+0.028%$19.2M$26.0M50xas long as short