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 00:00 UTC−0.0034%/8h= −3.7% APRpaid last 24h −0.030%
Price spread now: Gate against SoDEX−0.031%7-day average −0.020% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$36as in the Price arb table
costs, in and out, $10k−$350.346% of the position
Long on SoDEXShort on Gate
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.039%−$4 on $10k
Price spread, last 3 days (all we have)+0.046%+$5 · spread now −0.031%, 7d avg −0.020%
Together, before fees+0.007%+$1 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.020%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX HYPE-USD93.8610.0100pay 0.0013% / 1h5m 19s$2.0M$2.0M10x
ShortGate HYPE_USDT93.8320.0066get 0.0033% / 4h5m 19s$44.1M$60.0M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
−$7.14
Price spread: −0.031% → −0.020%
−$1.08
Slippage, 4 orders
−$11.61
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$42.83
Costs to cover
0.346%
Break-even
never at this rate
Slippage from SoDEX: live order book, 4 min ago; Gate: live order book, 4 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 SoDEX live order book, 4 min ago0.05 bp7.5 bp −$711.7 bp −$117100.7 bp −$10.1Kdoesn't fit
Sell Gate live order book, 4 min ago0.53 bp9.4 bp −$914.5 bp −$14529.9 bp −$2,98952.3 bp −$26.1K

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−0.1360%1h93.771−0.096%$198K$230K7xas long as short
Aftermath Perps HYPEUSD−0.0367%1h93.895+0.036%$22K$22K10xas long as short
Arcus HYPE-USD−0.0233%1h93.732−0.137%$1.2M$3.8M10xas long as short
Ondo Perps HYPE-USD.P−0.0126%1h93.760−0.108%$704K$919K10xas long as short
01 Exchange HYPEUSD−0.0080%1h93.817−0.047%$86K$368K20xas long as short
Hotstuff HYPE-PERP−0.0080%1h93.842−0.020%$3K$33125xas long as short
Derive HYPE-PERP−0.0010%1h93.784−0.082%$16.4M$7.2M10xas long as short
Orderly PERP_HYPE_USDC−0.0004%4h93.844−0.018%$170K$593K20xas long as short
dYdX HYPE-USD0.0000%1h93.866+0.005%$128K$30K5xas long as short
Perpl HYPE0.0000%43m93.854−0.007%$23K$329K10xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) HYPE/USDL +0.0002% / S −0.0003%1h93.864+0.003%$27K—150xas long as short
Phoenix HYPE+0.0009%1h93.978+0.125%$217K$1.2M10xas long as short
Aster HYPEUSDT+0.0014%4h93.832−0.030%$8.9M$36.1M300xas long as short
Bybit HYPEUSDT+0.0019%8h93.830−0.033%$322.8M$283.8M75xas long as short
Phemex HYPEUSDT+0.0038%8h93.826−0.037%$12.8M$2.6M50xas long as short
Binance HYPEUSDT+0.0047%4h93.838−0.025%$383.6M$898.2M75xas long as short
MEXC HYPE_USDT+0.0048%4h93.830−0.033%$88.2M$82.3M100xas long as short
Popdex HYPEUSDT+0.0056%1h93.830−0.033%$60K$1.2M50xas long as short
edgeX HYPEUSDC+0.0064%4h93.859−0.002%$5.1M$29.7M30xas long as short
Gate HYPE_USDTshort+0.0066%4h93.832−0.031%$44.1M$60.0M75x
Bullet HYPE-USD+0.0087%1h93.827−0.036%$112K$578K20xas long as short
OKX HYPE-USDT-SWAP+0.0088%8h93.837−0.026%$115.7M$322.4M50xas long as short
Lighter HYPE+0.0096%1h93.916+0.059%$18.9M$60.4M20xas long as short
Lighter RH HYPE+0.0096%1h93.858−0.003%$3.0M$12.3M20xas long as short
Aevo HYPE-PERP+0.0096%1h93.865+0.004%$399K$318K20xas long as short
Katana Perps HYPE-USD+0.0099%8h93.820−0.044%$36K$1.6M10xas long as short
Paradex HYPE-USD-PERP+0.0099%8h93.874+0.014%$341K$171K20xas long as short
Nado HYPE-PERP+0.0100%1h93.838−0.024%$5.7M$44.4M10xas long as short
Hyperliquid HYPE+0.0100%1h93.931+0.075%$2.04B$679.7M10xas long as short
Pacifica HYPE+0.0100%1h93.850−0.012%$10.1M$14.5M20xas long as short
Bulk HYPE-USD+0.0100%1h93.889+0.030%$205K$7K10xas long as short
KuCoin HYPEUSDTM+0.0100%4h93.837−0.026%$46.5M$18.6M75xas long as short
Bitget HYPEUSDT+0.0100%4h93.855−0.006%$227.3M$102.1M75xas long as short
BingX HYPE-USDT+0.0100%4h93.837−0.026%—$54.2M—as long as short
Backpack HYPE_USDC_PERP+0.0100%1h93.869+0.009%$7.9M$10.4M20xas long as short
Variational Omni HYPE+0.0100%8h93.812−0.052%$31.3M$54.2M—as long as short
GRVT HYPE_USDT_Perp+0.0100%4h93.967+0.113%$7.6M$45.6M10xas long as short
ApeX Omni HYPEUSDT+0.0100%1h93.849−0.013%$340K$1.1M50xas long as short
StandX HYPE-USD+0.0100%1h93.908+0.050%$679K$2.5M20xas long as short
Vest HYPE-PERP+0.0100%1h93.866+0.006%—$454K5xas long as short
Polymarket Perps HYPE-USD+0.0100%1h93.853−0.009%$470K$2.5M20xas long as short
Bluefin HYPE-PERP+0.0100%1h93.864+0.003%$76K$171K20xas long as short
SunX HYPE-USDT+0.0100%4h93.862+0.001%$32K$1.6M20xas long as short
SoDEX HYPE-USDlong+0.0100%1h93.861long leg$2.0M$2.0M10x
Injective HYPE/USDC PERP+0.0104%1h94.410+0.585%$31K$338K12xas long as short
Extended HYPE-USD+0.0104%1h93.834−0.029%$18.3M$42.8M50xas long as short
Coinbase International HYPE-PERP-INTX+0.0152%1h93.940+0.084%$4.9M$5.7M50xas long as short
Kalshi KXHYPEPERP+0.0156%8h93.911+0.053%$1.9M$5.0M2.3xas long as short
BloFin HYPE-USDT+0.0187%4h93.859−0.002%$17.0M$12.5M75xas long as short
HTX HYPE-USDT+0.0192%4h94.012+0.161%$1.5M$7.8M75xas long as short
Reya HYPERUSDPERP+0.0250%1h93.822−0.042%$77K$142K15xas long as short
Deribit HYPE_USDC-PERPETUAL+0.0261%1h93.954+0.099%$7.5M$4.6M50xas long as short
RISEx HYPE/USDC+0.0284%1h93.879+0.019%$2.8M$6.8M20xas long as short
GMX HYPE/USD [WBTC.b-USDC]L +0.0338% / S −0.0163%1h93.856−0.005%$1.4M—100xas long as short
Kraken Futures PF_HYPEUSD+0.0577%1h93.980+0.127%$21.0M$29.5M50xas long as short