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

HYPE

all HYPE markets
SwapBacktest
Alert: funding
Measured
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Alert: spread
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.001%
Price spread now: StandX against SoDEX+0.085%48s7-day average +0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$330.329% of the position
Long on SoDEXShort on StandX
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.001%$0 on $10k
Price spread, last 4 days (all we have)−0.061%−$6 · spread now +0.085%, 7d avg +0.005%
Together, before fees−0.062%+ Points / potential airdropStandX: Active · farm board−$6 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: StandX is 0.080% dearer against SoDEX than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of +0.005%. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX HYPE-USD93.4350.0100pay 0.0013% / 1h32m 26s$2.0M$1.9M10x
ShortStandX HYPE-USD93.5140.0100get 0.0013% / 1h32m 26s$677K$2.7M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

StandX 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
$0
Price spread: +0.085% → +0.005%
$7.99
Slippage, 4 orders
−$16.89
Fee SoDEX: 4 bp × 2 orders
−$8
Fee StandX: 4 bp × 2 orders
−$8
Net
−$24.9
Costs to cover
0.329%
Break-even
never at this rate
Slippage from SoDEX: live order book, 1 min ago; StandX: live order book, 1 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, 1 min ago0.64 bp7.4 bp −$713.1 bp −$13198.8 bp −$9,878doesn't fit
Sell StandX live order book, 1 min ago4.01 bp9.2 bp −$911.4 bp −$11440.3 bp −$4,026doesn't fit

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−0.1024%1h93.380−0.059%$198K$240K7xas long as short
Aftermath Perps HYPEUSD−0.0190%1h93.476+0.044%$22K$21K10xas long as short
Bullet HYPE-USD−0.0094%1h93.415−0.021%$111K$579K20xas long as short
Ondo Perps HYPE-USD.P−0.0082%1h93.400−0.037%$703K$1.2M10xas long as short
Hotstuff HYPE-PERP−0.0080%1h93.458+0.025%$3K$33125xas long as short
01 Exchange HYPEUSD−0.0048%1h93.437+0.002%$86K$369K20xas long as short
Bluefin HYPE-PERP−0.0026%1h93.404−0.033%$79K$156K20xas long as short
Orderly PERP_HYPE_USDC−0.0022%4h93.390−0.048%$145K$685K20xas long as short
dYdX HYPE-USD0.0000%1h93.517+0.088%$128K$28K5xas long as short
Perpl HYPE0.0000%43m93.478+0.046%$20K$290K10xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit HYPEUSDT+0.0002%8h93.391−0.047%$315.1M$287.9M75xas long as short
gTrade (Gains Network) HYPE/USDL +0.0002% / S −0.0001%1h93.445+0.010%$83K—150xas long as short
BingX HYPE-USDT+0.0002%4h93.403−0.034%—$53.5M—as long as short
Derive HYPE-PERP+0.0007%1h93.302−0.142%$16.2M$7.5M10xas long as short
Phoenix HYPE+0.0017%1h93.482+0.050%$209K$1.1M10xas long as short
Bitget HYPEUSDT+0.0044%4h93.417−0.019%$225.1M$99.6M75xas long as short
Paradex HYPE-USD-PERP+0.0076%8h93.463+0.030%$334K$161K20xas long as short
edgeX HYPEUSDC+0.0080%4h93.460+0.027%$5.0M$30.6M30xas long as short
Arcus HYPE-USD+0.0084%1h93.377−0.062%$1.0M$4.0M10xas long as short
Phemex HYPEUSDT+0.0088%8h93.478+0.046%$12.8M$2.8M50xas long as short
Lighter HYPE+0.0096%1h93.477+0.045%$16.1M$64.0M20xas long as short
Lighter RH HYPE+0.0096%1h93.452+0.018%$3.1M$11.1M20xas long as short
Popdex HYPEUSDT+0.0096%1h93.434−0.001%$78K$1.2M50xas long as short
Katana Perps HYPE-USD+0.0100%8h93.460+0.027%$21K$1.7M10xas long as short
Nado HYPE-PERP+0.0100%1h93.385−0.054%$7.4M$50.9M10xas long as short
Hyperliquid HYPE+0.0100%1h93.491+0.060%$2.04B$682.2M10xas long as short
Aster HYPEUSDT+0.0100%4h93.416−0.020%$8.8M$37.1M300xas long as short
Pacifica HYPE+0.0100%1h93.467+0.034%$10.1M$15.4M20xas long as short
Binance HYPEUSDT+0.0100%4h93.426−0.010%$373.8M$929.8M75xas long as short
OKX HYPE-USDT-SWAP+0.0100%8h93.400−0.037%$115.3M$314.7M50xas long as short
Gate HYPE_USDT+0.0100%4h93.393−0.045%$48.5M$55.3M75xas long as short
MEXC HYPE_USDT+0.0100%4h93.407−0.030%$90.5M$84.1M100xas long as short
KuCoin HYPEUSDTM+0.0100%4h93.410−0.027%$46.3M$18.7M75xas long as short
Backpack HYPE_USDC_PERP+0.0100%1h93.469+0.036%$7.2M$10.6M20xas long as short
Variational Omni HYPE+0.0100%8h93.339−0.103%$28.7M$56.3M—as long as short
GRVT HYPE_USDT_Perp+0.0100%4h93.507+0.077%$7.5M$48.3M10xas long as short
ApeX Omni HYPEUSDT+0.0100%1h93.469+0.036%$350K$1.0M50xas long as short
StandX HYPE-USDshort+0.0100%1h93.514+0.085%$677K$2.7M20x
Vest HYPE-PERP+0.0100%1h93.472+0.040%—$243K5xas long as short
Polymarket Perps HYPE-USD+0.0100%1h93.4350.000%$469K$2.8M20xas long as short
SunX HYPE-USDT+0.0100%4h93.584+0.159%$32K$1.6M20xas long as short
SoDEX HYPE-USDlong+0.0100%1h93.435long leg$2.0M$1.9M10x
HTX HYPE-USDT+0.0100%4h93.600+0.177%$1.4M$6.7M75xas long as short
Bulk HYPE-USD+0.0100%1h93.438+0.004%$216K$15K10xas long as short
Kalshi KXHYPEPERP+0.0103%8h93.620+0.198%$1.8M$5.6M2.3xas long as short
Extended HYPE-USD+0.0104%1h93.384−0.054%$18.2M$43.2M50xas long as short
Aevo HYPE-PERP+0.0104%1h93.406−0.031%$395K$159K20xas long as short
Coinbase International HYPE-PERP-INTX+0.0120%1h93.490+0.059%$4.7M$6.1M50xas long as short
GMX HYPE/USD [WBTC.b-USDC]L +0.0152% / S +0.0022%1h93.439+0.004%$1.4M—100xas long as short
Injective HYPE/USDC PERP+0.0205%1h94.410+1.044%$30K$339K12xas long as short
Reya HYPERUSDPERP+0.0271%1h93.393−0.045%$77K$129K15xas long as short
Deribit HYPE_USDC-PERPETUAL+0.0306%1h93.532+0.104%$7.4M$4.2M50xas long as short
BloFin HYPE-USDT+0.0340%4h93.4350.000%$16.9M$12.2M75xas long as short
Kraken Futures PF_HYPEUSD+0.0416%1h93.524+0.096%$20.9M$29.6M50xas long as short
RISEx HYPE/USDC+0.0559%1h93.464+0.031%$3.2M$6.4M20xas long as short