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 01:00 UTC−0.0180%/8h= −19.7% APRnext payment −$0.23 per $10,000 · paid last 24h −0.026%
Price spread now: 01 Exchange against SoDEX−0.049%7-day average +0.030% · 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−$35as in the Price arb table
costs, in and out, $10k−$270.269% of the position
Long on SoDEXShort on 01 Exchange
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.034%−$3 on $10k
Price spread, last 3 days (all we have)+0.123%+$12 · spread now −0.049%, 7d avg +0.030%
Together, before fees+0.088%+$9 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and 01 Exchange is 0.079% cheaper against SoDEX than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.030%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX HYPE-USD93.8330.0100pay 0.0013% / 1h5m 59s$2.0M$2.0M10x
Short01 Exchange HYPEUSD93.787−0.0080pay 0.0010% / 1h5m 59s$85K$359K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange 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
−$37.8
Price spread: −0.049% → +0.030%
−$7.87
Slippage, 4 orders
−$11.93
Fee SoDEX: 4 bp × 2 orders
−$8
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
−$72.61
Costs to cover
0.269%
Break-even
never at this rate
Slippage from SoDEX: live order book, 3 min ago; 01 Exchange: live order book, 3 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, 3 min ago0.21 bp6.5 bp −$612.0 bp −$12099.3 bp −$9,926doesn't fit
Sell 01 Exchange live order book, 3 min ago0.16 bp6.1 bp −$611.0 bp −$110doesn't fitdoesn'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−0.1128%1h93.815−0.020%$199K$228K7xas long as short
Arcus HYPE-USD−0.0625%1h93.685−0.158%$1.2M$3.9M10xas long as short
Aftermath Perps HYPEUSD−0.0193%1h93.943+0.117%$22K$21K10xas long as short
Ondo Perps HYPE-USD.P−0.0098%1h93.810−0.025%$710K$958K10xas long as short
dYdX HYPE-USD−0.0084%1h93.911+0.083%$129K$31K5xas long as short
01 Exchange HYPEUSDshort−0.0080%1h93.787−0.049%$85K$359K20x
Hotstuff HYPE-PERP−0.0080%1h93.856+0.025%$3K$33125xas long as short
Bullet HYPE-USD−0.0050%1h93.799−0.036%$113K$580K20xas long as short
Phemex HYPEUSDT−0.0038%8h93.823−0.011%$12.8M$2.6M50xas long as short
Orderly PERP_HYPE_USDC−0.0034%4h93.769−0.068%$159K$643K20xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate HYPE_USDT−0.0014%4h93.825−0.009%$44.4M$60.4M75xas long as short
Perpl HYPE0.0000%43m93.836+0.003%$23K$327K10xas long as short
gTrade (Gains Network) HYPE/USDL +0.0002% / S −0.0003%1h93.818−0.016%$27K—150xas long as short
Aster HYPEUSDT+0.0007%4h93.813−0.021%$8.9M$36.0M300xas long as short
Derive HYPE-PERP+0.0010%1h93.747−0.091%$16.4M$7.6M10xas long as short
Bybit HYPEUSDT+0.0019%8h93.8330.000%$322.9M$278.8M75xas long as short
Phoenix HYPE+0.0034%1h94.045+0.226%$214K$1.2M10xas long as short
MEXC HYPE_USDT+0.0054%4h93.854+0.022%$88.3M$83.4M100xas long as short
Binance HYPEUSDT+0.0054%4h93.848+0.016%$383.2M$893.4M75xas long as short
edgeX HYPEUSDC+0.0055%4h94.001+0.179%$5.1M$29.7M30xas long as short
OKX HYPE-USDT-SWAP+0.0071%8h93.851+0.019%$116.0M$314.6M50xas long as short
Bluefin HYPE-PERP+0.0082%1h93.751−0.087%$76K$170K20xas long as short
Lighter HYPE+0.0096%1h93.868+0.037%$18.9M$60.7M20xas long as short
Lighter RH HYPE+0.0096%1h93.840+0.007%$3.0M$12.2M20xas long as short
Popdex HYPEUSDT+0.0096%1h93.802−0.033%$64K$1.2M50xas long as short
Aevo HYPE-PERP+0.0096%1h93.777−0.060%$399K$180K20xas long as short
Paradex HYPE-USD-PERP+0.0099%8h93.847+0.015%$341K$165K20xas long as short
Katana Perps HYPE-USD+0.0100%8h93.780−0.056%$31K$1.6M10xas long as short
Nado HYPE-PERP+0.0100%1h93.841+0.009%$6.6M$44.6M10xas long as short
Hyperliquid HYPE+0.0100%1h93.900+0.072%$2.05B$668.6M10xas long as short
Pacifica HYPE+0.0100%1h93.847+0.015%$10.1M$14.7M20xas long as short
KuCoin HYPEUSDTM+0.0100%4h93.843+0.011%$46.6M$18.3M75xas long as short
Bitget HYPEUSDT+0.0100%4h93.859+0.028%$227.3M$100.2M75xas long as short
BingX HYPE-USDT+0.0100%4h93.842+0.010%—$53.9M—as long as short
Backpack HYPE_USDC_PERP+0.0100%1h93.792−0.044%$7.9M$10.6M20xas long as short
Variational Omni HYPE+0.0100%8h93.768−0.070%$31.3M$53.6M—as long as short
GRVT HYPE_USDT_Perp+0.0100%4h93.999+0.177%$7.6M$46.1M10xas long as short
ApeX Omni HYPEUSDT+0.0100%1h94.020+0.199%$340K$1.1M50xas long as short
StandX HYPE-USD+0.0100%1h93.866+0.035%$670K$2.6M20xas long as short
Vest HYPE-PERP+0.0100%1h93.850+0.018%—$243K5xas long as short
Polymarket Perps HYPE-USD+0.0100%1h93.820−0.014%$474K$2.5M20xas long as short
SunX HYPE-USDT+0.0100%4h93.839+0.006%$32K$1.6M20xas long as short
SoDEX HYPE-USDlong+0.0100%1h93.833long leg$2.0M$2.0M10x
Bulk HYPE-USD+0.0100%1h93.894+0.065%$204K$10K10xas long as short
Extended HYPE-USD+0.0104%1h93.768−0.069%$18.4M$45.1M50xas long as short
Coinbase International HYPE-PERP-INTX+0.0144%1h93.870+0.039%$4.9M$5.5M50xas long as short
Injective HYPE/USDC PERP+0.0205%1h93.810−0.025%$31K$338K12xas long as short
BloFin HYPE-USDT+0.0218%4h93.919+0.092%$17.1M$12.1M75xas long as short
RISEx HYPE/USDC+0.0222%1h93.820−0.013%$2.7M$6.7M20xas long as short
Kalshi KXHYPEPERP+0.0244%8h93.896+0.067%$1.9M$5.1M2.3xas long as short
Reya HYPERUSDPERP+0.0252%1h93.781−0.055%$79K$143K15xas long as short
GMX HYPE/USD [WBTC.b-USDC]L +0.0335% / S −0.0159%1h93.815−0.019%$1.4M—100xas long as short
HTX HYPE-USDT+0.0367%4h94.004+0.182%$1.5M$5.9M75xas long as short
Deribit HYPE_USDC-PERPETUAL+0.0400%1h93.907+0.079%$7.5M$4.6M50xas long as short
Kraken Futures PF_HYPEUSD+0.0672%1h93.901+0.072%$20.9M$29.7M50xas long as short