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

HYPE

all HYPE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0216%/8h= −23.7% APRnext payment $0.27 per $10,000 · paid last 24h −0.024%
Price spread now: Aftermath Perps against SoDEX+0.397%7-day average · you sell dearer than you buy
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
The price spread pays, funding is against you. Aftermath Perps is 0.397% dearer against SoDEX than usual: you sell high and buy low (spread +0.397% now, against zero (this spread has no 7-day history yet)): +$40 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 6.1 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX HYPE-USD92.1740.0100pay 0.0013% / 1h47m 41s$2.0M$2.0M10x
ShortAftermath Perps HYPEUSD92.540−0.0116pay 0.0014% / 1h47m 41s$22K$21K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aftermath Perps against SoDEX. 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
−$45.36
Price spread: +0.397% → 0.000%
$39.66
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Net
−$22.7
Costs to cover
0.170%
Break-even
from the start
Slippage unknown: SoDEX: live order book, 1 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 SoDEX live order book, 1 min ago0.05 bp7.2 bp −$712.0 bp −$120101.0 bp −$10.1Kdoesn'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
Arcus HYPE-USD−0.0948%1h92.181+0.008%$1.2M$3.8M10xas long as short
Hibachi HYPE/USDT-P−0.0680%1h92.323+0.162%$194K$227K7xas long as short
01 Exchange HYPEUSD−0.0120%1h92.171−0.003%$86K$352K20xas long as short
Aftermath Perps HYPEUSDshort−0.0116%1h92.540+0.397%$22K$21K10x
Hotstuff HYPE-PERP−0.0080%1h92.337+0.177%$3K$33125xas long as short
Bullet HYPE-USD−0.0074%1h92.177+0.004%$110K$580K20xas long as short
Orderly PERP_HYPE_USDC−0.0068%4h92.179+0.005%$157K$663K20xas long as short
Ondo Perps HYPE-USD.P−0.0051%1h92.230+0.061%$699K$1.1M10xas long as short
Aster HYPEUSDT−0.0011%4h92.184+0.011%$8.6M$36.4M300xas long as short
dYdX HYPE-USD0.0000%1h92.238+0.069%$126K$31K5xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Perpl HYPE0.0000%43m92.216+0.045%$22K$310K10xas long as short
gTrade (Gains Network) HYPE/USDL +0.0002% / S −0.0002%1h92.214+0.043%$61K150xas long as short
BingX HYPE-USDT+0.0031%4h92.178+0.004%$53.2Mas long as short
Bybit HYPEUSDT+0.0037%8h92.230+0.061%$315.7M$280.7M75xas long as short
Derive HYPE-PERP+0.0041%1h92.155−0.021%$16.0M$7.5M10xas long as short
Phoenix HYPE+0.0043%1h92.430+0.278%$210K$1.2M10xas long as short
Gate HYPE_USDT+0.0046%4h92.178+0.004%$44.3M$54.7M75xas long as short
Phemex HYPEUSDT+0.0052%8h92.223+0.053%$12.4M$2.7M50xas long as short
OKX HYPE-USDT-SWAP+0.0075%8h92.242+0.074%$112.6M$300.6M50xas long as short
Binance HYPEUSDT+0.0078%4h92.229+0.060%$370.8M$896.1M75xas long as short
MEXC HYPE_USDT+0.0078%4h92.177+0.003%$87.1M$80.3M100xas long as short
Popdex HYPEUSDT+0.0080%1h92.198+0.026%$67K$1.2M50xas long as short
Paradex HYPE-USD-PERP+0.0091%8h92.288+0.123%$337K$162K20xas long as short
Lighter HYPE+0.0096%1h92.201+0.029%$16.0M$62.2M20xas long as short
Lighter RH HYPE+0.0096%1h92.212+0.041%$3.1M$11.6M20xas long as short
Katana Perps HYPE-USD+0.0099%8h92.200+0.028%$13K$1.7M10xas long as short
Nado HYPE-PERP+0.0100%1h92.266+0.099%$5.8M$43.1M10xas long as short
Hyperliquid HYPE+0.0100%1h92.227+0.057%$2.01B$662.9M10xas long as short
Pacifica HYPE+0.0100%1h92.260+0.094%$10.0M$15.0M20xas long as short
Bulk HYPE-USD+0.0100%1h92.800+0.679%$202K$13K10xas long as short
KuCoin HYPEUSDTM+0.0100%4h92.195+0.023%$45.7M$18.3M75xas long as short
Bitget HYPEUSDT+0.0100%4h92.187+0.014%$223.2M$97.9M75xas long as short
Backpack HYPE_USDC_PERP+0.0100%1h92.153−0.023%$7.2M$10.2M20xas long as short
Variational Omni HYPE+0.0100%8h92.469+0.320%$28.5M$57.1Mas long as short
GRVT HYPE_USDT_Perp+0.0100%4h92.799+0.678%$7.5M$45.8M10xas long as short
ApeX Omni HYPEUSDT+0.0100%1h92.488+0.341%$338K$1.0M50xas long as short
StandX HYPE-USD+0.0100%1h92.373+0.216%$662K$2.7M20xas long as short
Vest HYPE-PERP+0.0100%1h92.276+0.111%$243K5xas long as short
Polymarket Perps HYPE-USD+0.0100%1h92.241+0.073%$474K$2.6M20xas long as short
SunX HYPE-USDT+0.0100%4h92.222+0.052%$32K$1.6M20xas long as short
SoDEX HYPE-USDlong+0.0100%1h92.174long leg$2.0M$2.0M10x
HTX HYPE-USDT+0.0100%4h92.350+0.191%$1.4M$6.2M75xas long as short
edgeX HYPEUSDC+0.0103%4h92.776+0.653%$5.1M$29.2M30xas long as short
Extended HYPE-USD+0.0104%1h92.163−0.012%$18.1M$43.4M50xas long as short
Aevo HYPE-PERP+0.0104%1h92.166−0.009%$390K$164K20xas long as short
Injective HYPE/USDC PERP+0.0150%1h92.250+0.082%$30K$339K12xas long as short
Coinbase International HYPE-PERP-INTX+0.0160%1h92.240+0.072%$4.7M$5.5M50xas long as short
Reya HYPERUSDPERP+0.0260%1h92.186+0.013%$78K$140K15xas long as short
Kalshi KXHYPEPERP+0.0261%8h92.370+0.213%$1.8M$5.4M2.3xas long as short
BloFin HYPE-USDT+0.0316%4h92.252+0.085%$16.7M$11.5M75xas long as short
GMX HYPE/USD [WBTC.b-USDC]L +0.0329% / S −0.0153%1h92.205+0.034%$1.4M100xas long as short
Kraken Futures PF_HYPEUSD+0.0334%1h92.212+0.041%$20.5M$30.4M50xas long as short
Deribit HYPE_USDC-PERPETUAL+0.0401%1h92.269+0.103%$7.5M$4.4M50xas long as short
Bluefin HYPE-PERP+0.0666%1h92.173−0.001%$78K$168K20xas long as short
RISEx HYPE/USDC+0.0687%1h92.338+0.178%$3.1M$6.4M20xas long as short