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 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.001%
Price spread now: SunX against StandX+0.146%7-day average +0.065% · you sell dearer than you buy
Net, funding: paid 7d − costs−$137as in the Funding arb table
Net, price: spread back to 7d avg − costs−$129as in the Price arb table
costs, in and out, $10k−$1371.374% of the position
Long on StandXShort on SunX
What this pair did over the last
the charts below follow
Funding, last 7 days+0.001%$0 on $10k
Price spread, last 3 days (all we have)−0.090%−$9 · spread now +0.146%, 7d avg +0.065%
Together, before fees−0.088%+ Points / potential airdropStandX: Active · farm board−$9 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: SunX is 0.081% dearer against StandX than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of +0.065%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongStandX HYPE-USD93.9640.0100pay 0.0013% / 1h0m 21s$679K$2.5M20x
ShortSunX HYPE-USDT94.1010.0100get 0.0050% / 4h0m 21s$32K$1.6M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against StandX. 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: +0.146% → +0.065%
$8.07
Slippage, 4 orders
−$121.39
Fee StandX: 4 bp × 2 orders
−$8
Fee SunX: 4 bp × 2 orders
−$8
Net
−$129.32
Costs to cover
1.374%
Break-even
never at this rate
Slippage from StandX: live order book, 3 min ago; SunX: live order book, 5 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 StandX live order book, 3 min ago1.33 bp5.3 bp −$55.4 bp −$5410.0 bp −$1,001doesn't fit
Sell SunX live order book, 5 min ago54.37 bp67.7 bp −$68doesn't fitdoesn'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−0.1408%1h93.957−0.008%$199K$229K7xas long as short
Aftermath Perps HYPEUSD−0.0338%1h93.984+0.021%$22K$22K10xas long as short
Arcus HYPE-USD−0.0233%1h93.890−0.079%$1.2M$3.8M10xas long as short
Ondo Perps HYPE-USD.P−0.0135%1h93.930−0.036%$705K$924K10xas long as short
01 Exchange HYPEUSD−0.0080%1h94.037+0.078%$86K$368K20xas long as short
Hotstuff HYPE-PERP−0.0080%1h94.044+0.085%$3K$33125xas long as short
Derive HYPE-PERP−0.0011%1h93.979+0.016%$16.4M$7.2M10xas long as short
dYdX HYPE-USD−0.0009%1h94.052+0.094%$128K$30K5xas long as short
Orderly PERP_HYPE_USDC−0.0006%4h94.043+0.084%$169K$594K20xas long as short
Perpl HYPE0.0000%43m94.049+0.090%$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%1h94.071+0.114%$27K—150xas long as short
Phoenix HYPE+0.0009%1h93.898−0.070%$217K$1.2M10xas long as short
Bybit HYPEUSDT+0.0017%8h94.040+0.081%$323.7M$283.9M75xas long as short
Aster HYPEUSDT+0.0018%4h94.054+0.096%$8.9M$36.1M300xas long as short
Phemex HYPEUSDT+0.0024%8h93.997+0.035%$12.8M$2.6M50xas long as short
MEXC HYPE_USDT+0.0044%4h94.035+0.076%$88.5M$82.3M100xas long as short
Binance HYPEUSDT+0.0046%4h94.044+0.085%$384.4M$898.7M75xas long as short
edgeX HYPEUSDC+0.0057%4h94.017+0.056%$5.1M$29.7M30xas long as short
Popdex HYPEUSDT+0.0064%1h94.028+0.068%$60K$1.2M50xas long as short
Gate HYPE_USDT+0.0068%4h94.039+0.080%$44.2M$60.1M75xas long as short
Bullet HYPE-USD+0.0077%1h94.041+0.082%$113K$578K20xas long as short
OKX HYPE-USDT-SWAP+0.0087%8h94.051+0.093%$116.0M$323.1M50xas long as short
Lighter HYPE+0.0096%1h94.094+0.139%$18.9M$60.5M20xas long as short
Lighter RH HYPE+0.0096%1h94.069+0.112%$3.1M$12.4M20xas long as short
Aevo HYPE-PERP+0.0096%1h94.046+0.088%$400K$318K20xas long as short
Katana Perps HYPE-USD+0.0099%8h94.040+0.081%$42K$1.6M10xas long as short
Paradex HYPE-USD-PERP+0.0099%8h94.088+0.132%$342K$171K20xas long as short
Nado HYPE-PERP+0.0100%1h94.031+0.071%$6.7M$44.9M10xas long as short
Hyperliquid HYPE+0.0100%1h94.141+0.188%$2.05B$680.2M10xas long as short
Pacifica HYPE+0.0100%1h94.066+0.109%$10.1M$14.5M20xas long as short
Bulk HYPE-USD+0.0100%1h93.889−0.080%$205K$7K10xas long as short
KuCoin HYPEUSDTM+0.0100%4h94.040+0.081%$46.6M$18.6M75xas long as short
Bitget HYPEUSDT+0.0100%4h94.048+0.089%$227.8M$102.0M75xas long as short
BingX HYPE-USDT+0.0100%4h94.037+0.078%—$54.0M—as long as short
Backpack HYPE_USDC_PERP+0.0100%1h94.082+0.126%$7.9M$10.4M20xas long as short
Variational Omni HYPE+0.0100%8h93.972+0.009%$31.4M$54.2M—as long as short
GRVT HYPE_USDT_Perp+0.0100%4h93.864−0.107%$7.6M$45.5M10xas long as short
ApeX Omni HYPEUSDT+0.0100%1h94.055+0.097%$340K$1.1M50xas long as short
StandX HYPE-USDlong+0.0100%1h93.964long leg$679K$2.5M20x
Vest HYPE-PERP+0.0100%1h94.072+0.114%—$454K5xas long as short
Polymarket Perps HYPE-USD+0.0100%1h94.062+0.104%$472K$2.5M20xas long as short
Bluefin HYPE-PERP+0.0100%1h94.429+0.495%$77K$171K20xas long as short
SunX HYPE-USDTshort+0.0100%4h94.101+0.146%$32K$1.6M20x
SoDEX HYPE-USD+0.0100%1h94.036+0.077%$2.0M$2.0M10xas long as short
Injective HYPE/USDC PERP+0.0104%1h94.410+0.475%$31K$338K12xas long as short
Extended HYPE-USD+0.0104%1h94.016+0.056%$18.4M$42.8M50xas long as short
Coinbase International HYPE-PERP-INTX+0.0152%1h94.070+0.113%$4.9M$5.7M50xas long as short
Kalshi KXHYPEPERP+0.0162%8h94.110+0.155%$1.9M$5.1M2.3xas long as short
BloFin HYPE-USDT+0.0183%4h94.000+0.038%$17.0M$12.6M75xas long as short
HTX HYPE-USDT+0.0195%4h94.217+0.269%$1.5M$7.8M75xas long as short
Reya HYPERUSDPERP+0.0250%1h94.027+0.067%$77K$142K15xas long as short
RISEx HYPE/USDC+0.0284%1h94.084+0.128%$2.8M$6.9M20xas long as short
GMX HYPE/USD [WBTC.b-USDC]L +0.0338% / S −0.0157%1h94.070+0.113%$1.5M—100xas long as short
Deribit HYPE_USDC-PERPETUAL+0.0420%1h94.151+0.199%$7.5M$4.6M50xas long as short
Kraken Futures PF_HYPEUSD+0.0576%1h94.138+0.186%$21.1M$29.5M50xas long as short