Funding you earn now, next payment 00:00 UTC−0.0085%/8h= −9.3% APRpaid last 24h −0.012%
Price spread now: Aster against StandX+0.054%7-day average −0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs−$24as in the Funding arb table
Net, price: spread back to 7d avg − costs−$13as in the Price arb table
costs, in and out, $10k−$190.191% of the position
Funding, last 7 days−0.045%−$4 on $10k
+Price spread, last 7 days−0.039%−$4 · spread now +0.054%, 7d avg −0.008%
=Together, before fees−0.083%+ Points / potential airdropStandX: Active · Aster: Stage 5 · farm board−$8 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Aster is 0.063% dearer against StandX than usual: you sell high and buy low (spread +0.054% now, against its 7-day average of −0.008%): +$6 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.5 days. At the pace of the last 7 days (−0.045% in total) that is about 9.8 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | StandX HYPE-USD | 93.889 | 0.0100 | pay 0.0013% / 1h | 9m 20s | $679K | $2.5M | 20x |
| Short | Aster HYPEUSDT | 93.940 | 0.0015 | get 0.0008% / 4h | 9m 20s | $8.9M | $36.1M | 300x |
StandX HYPE-USD
Aster HYPEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against StandX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$17.76
- Price spread: +0.054% → −0.008%
- $6.26
- Slippage, 4 orders
- −$3.11
- Fee StandX: 4 bp × 2 orders
- −$8
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$30.61
- Costs to cover
- 0.191%
- Break-even
- never at this rate
Slippage from StandX: live order book, 4 min ago; Aster: live order book, 5 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy StandX live order book, 4 min ago | 1.33 bp | 5.3 bp −$5 | 5.5 bp −$55 | 16.6 bp −$1,664 | doesn't fit |
| Sell Aster live order book, 5 min ago | 0.21 bp | 4.2 bp −$4 | 5.3 bp −$53 | 13.6 bp −$1,364 | doesn't fit |
HYPE on 55 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hibachi HYPE/USDT-P | −0.1280% | 1h | 93.773 | −0.123% | $198K | $230K | 7x | as long as short |
| Aftermath Perps HYPEUSD | −0.0393% | 1h | 93.880 | −0.010% | $22K | $22K | 10x | as long as short |
| Arcus HYPE-USD | −0.0233% | 1h | 93.783 | −0.113% | $1.2M | $3.8M | 10x | as long as short |
| Ondo Perps HYPE-USD.P | −0.0111% | 1h | 93.820 | −0.073% | $705K | $917K | 10x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 93.927 | +0.040% | $3K | $331 | 25x | as long as short |
| 01 Exchange HYPEUSD | −0.0072% | 1h | 93.894 | +0.005% | $86K | $368K | 20x | as long as short |
| Orderly PERP_HYPE_USDC | −0.0003% | 4h | 93.943 | +0.058% | $170K | $590K | 20x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 93.941 | +0.056% | $128K | $30K | 5x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 93.934 | +0.048% | $23K | $329K | 10x | as long as short |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0003% | 1h | 93.976 | +0.092% | $27K | — | 150x | as long as short |
Hibachi HYPE/USDT-P
Aftermath Perps HYPEUSD
Arcus HYPE-USD
Ondo Perps HYPE-USD.P
Hotstuff HYPE-PERP
01 Exchange HYPEUSD
Orderly PERP_HYPE_USDC
dYdX HYPE-USD
Perpl HYPE
gTrade (Gains Network) HYPE/USDShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phoenix HYPE | +0.0009% | 1h | 93.919 | +0.032% | $217K | $1.2M | 10x | as long as short |
| Derive HYPE-PERP | +0.0011% | 1h | 93.894 | +0.006% | $16.4M | $7.1M | 10x | as long as short |
| Aster HYPEUSDTshort | +0.0015% | 4h | 93.940 | +0.054% | $8.9M | $36.1M | 300x | |
| Bybit HYPEUSDT | +0.0021% | 8h | 93.934 | +0.048% | $323.2M | $284.0M | 75x | as long as short |
| Phemex HYPEUSDT | +0.0041% | 8h | 93.840 | −0.052% | $12.8M | $2.6M | 50x | as long as short |
| Binance HYPEUSDT | +0.0051% | 4h | 93.952 | +0.067% | $384.0M | $898.3M | 75x | as long as short |
| MEXC HYPE_USDT | +0.0054% | 4h | 93.940 | +0.054% | $88.4M | $82.2M | 100x | as long as short |
| edgeX HYPEUSDC | +0.0061% | 4h | 93.800 | −0.094% | $5.1M | $29.6M | 30x | as long as short |
| Popdex HYPEUSDT | +0.0064% | 1h | 93.892 | +0.003% | $60K | $1.2M | 50x | as long as short |
| Gate HYPE_USDT | +0.0072% | 4h | 93.948 | +0.063% | $44.1M | $59.9M | 75x | as long as short |
| Bullet HYPE-USD | +0.0090% | 1h | 93.952 | +0.067% | $113K | $578K | 20x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0090% | 8h | 93.950 | +0.065% | $115.9M | $323.0M | 50x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 93.942 | +0.056% | $18.9M | $60.4M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 93.940 | +0.054% | $3.1M | $12.3M | 20x | as long as short |
| Aevo HYPE-PERP | +0.0096% | 1h | 93.965 | +0.081% | $400K | $318K | 20x | as long as short |
| Paradex HYPE-USD-PERP | +0.0099% | 8h | 93.922 | +0.035% | $341K | $171K | 20x | as long as short |
| Katana Perps HYPE-USD | +0.0099% | 8h | 93.870 | −0.020% | $38K | $1.6M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 93.912 | +0.025% | $5.7M | $44.4M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 93.997 | +0.115% | $2.04B | $679.1M | 10x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 93.906 | +0.018% | $10.1M | $14.5M | 20x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 93.889 | 0.000% | $205K | $7K | 10x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 93.891 | +0.002% | $46.5M | $18.6M | 75x | as long as short |
| Bitget HYPEUSDT | +0.0100% | 4h | 93.969 | +0.085% | $227.6M | $102.3M | 75x | as long as short |
| BingX HYPE-USDT | +0.0100% | 4h | 93.940 | +0.054% | — | $54.2M | — | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 93.927 | +0.040% | $7.9M | $10.4M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 93.811 | −0.083% | $31.2M | $54.1M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 93.855 | −0.036% | $7.6M | $45.6M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 93.859 | −0.032% | $359K | $1.1M | 50x | as long as short |
| StandX HYPE-USDlong | +0.0100% | 1h | 93.889 | long leg | $679K | $2.5M | 20x | |
| Vest HYPE-PERP | +0.0100% | 1h | 93.946 | +0.061% | — | $454K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 93.965 | +0.081% | $472K | $2.5M | 20x | as long as short |
| Bluefin HYPE-PERP | +0.0100% | 1h | 93.965 | +0.081% | $76K | $171K | 20x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 93.977 | +0.094% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 93.891 | +0.002% | $2.0M | $2.0M | 10x | as long as short |
| Injective HYPE/USDC PERP | +0.0104% | 1h | 94.410 | +0.555% | $31K | $338K | 12x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 93.862 | −0.029% | $18.3M | $42.8M | 50x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0152% | 1h | 94.010 | +0.129% | $4.9M | $5.7M | 50x | as long as short |
| Kalshi KXHYPEPERP | +0.0154% | 8h | 93.929 | +0.043% | $1.9M | $5.0M | 2.3x | as long as short |
| HTX HYPE-USDT | +0.0192% | 4h | 94.063 | +0.185% | $1.5M | $7.8M | 75x | as long as short |
| BloFin HYPE-USDT | +0.0212% | 4h | 93.801 | −0.094% | $16.9M | $12.6M | 75x | as long as short |
| Reya HYPERUSDPERP | +0.0249% | 1h | 93.932 | +0.045% | $77K | $142K | 15x | as long as short |
| RISEx HYPE/USDC | +0.0284% | 1h | 93.936 | +0.050% | $2.8M | $6.8M | 20x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0303% | 1h | 94.001 | +0.119% | $7.5M | $4.6M | 50x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0338% / S −0.0163% | 1h | 93.975 | +0.091% | $1.4M | — | 100x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0577% | 1h | 94.004 | +0.123% | $21.0M | $29.5M | 50x | as long as short |
Phoenix HYPE
Derive HYPE-PERP
Bybit HYPEUSDT
Phemex HYPEUSDT
Binance HYPEUSDT
MEXC HYPE_USDT
edgeX HYPEUSDC
Popdex HYPEUSDT
Gate HYPE_USDT
Bullet HYPE-USD
OKX HYPE-USDT-SWAP
Lighter HYPE
Lighter RH HYPE
Aevo HYPE-PERP
Paradex HYPE-USD-PERP
Katana Perps HYPE-USD
Nado HYPE-PERP
Hyperliquid HYPE
Pacifica HYPE
Bulk HYPE-USD
KuCoin HYPEUSDTM
Bitget HYPEUSDT
BingX HYPE-USDT
Backpack HYPE_USDC_PERP
Variational Omni HYPE
GRVT HYPE_USDT_Perp
ApeX Omni HYPEUSDT
Vest HYPE-PERP
Polymarket Perps HYPE-USD
Bluefin HYPE-PERP
SunX HYPE-USDT
SoDEX HYPE-USD
Injective HYPE/USDC PERP
Extended HYPE-USD
Coinbase International HYPE-PERP-INTX
Kalshi KXHYPEPERP
HTX HYPE-USDT
BloFin HYPE-USDT
Reya HYPERUSDPERP
RISEx HYPE/USDC
Deribit HYPE_USDC-PERPETUAL
GMX HYPE/USD [WBTC.b-USDC]
Kraken Futures PF_HYPEUSD