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−0.0026%/8h= −2.8% APRnext payment −$0.13 per $10,000 · paid last 24h −0.031%
Price spread now: Gate against SunX−0.030%7-day average −0.084% · you buy dearer than you sell
Net, funding: paid 7d − costs−$89as in the Funding arb table
Net, price: spread back to 7d avg − costs−$75as in the Price arb table
costs, in and out, $10k−$800.803% of the position
Long on SunXShort on Gate
What this pair did over the last
the charts below follow
Funding, last 7 days−0.092%−$9 on $10k
Price spread, last 3 days (all we have)−0.021%−$2 · spread now −0.030%, 7d avg −0.084%
Together, before fees−0.113%−$11 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Gate is 0.054% dearer against SunX than usual: you sell high and buy low (spread −0.030% now, against its 7-day average of −0.084%): +$5 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 6.9 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX HYPE-USDT93.8590.0100pay 0.0050% / 4h11m 25s$32K$1.6M20x
ShortGate HYPE_USDT93.8310.0074get 0.0037% / 4h11m 25s$44.1M$59.9M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against SunX. 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
−$5.46
Price spread: −0.030% → −0.084%
$5.41
Slippage, 4 orders
−$57.26
Fee SunX: 4 bp × 2 orders
−$8
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$80.31
Costs to cover
0.803%
Break-even
never at this rate
Slippage from SunX: live order book, 4 min ago; Gate: 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 SunX live order book, 4 min ago19.39 bp24.1 bp −$24doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 3 min ago0.69 bp12.0 bp −$1217.7 bp −$17734.0 bp −$3,40154.0 bp −$27.0K

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−0.1232%1h93.765−0.100%$198K$230K7xas long as short
Aftermath Perps HYPEUSD−0.0406%1h93.852−0.008%$22K$22K10xas long as short
Arcus HYPE-USD−0.0233%1h93.730−0.137%$1.2M$3.8M10xas long as short
Ondo Perps HYPE-USD.P−0.0105%1h93.780−0.084%$705K$916K10xas long as short
Hotstuff HYPE-PERP−0.0080%1h93.868+0.010%$3K$33125xas long as short
01 Exchange HYPEUSD−0.0072%1h93.830−0.031%$86K$368K20xas long as short
Orderly PERP_HYPE_USDC−0.0003%4h93.849−0.011%$169K$588K20xas long as short
dYdX HYPE-USD0.0000%1h93.935+0.081%$128K$30K5xas long as short
Perpl HYPE0.0000%43m93.868+0.009%$23K$329K10xas long as short
gTrade (Gains Network) HYPE/USDL +0.0002% / S −0.0003%1h93.862+0.003%$27K—150xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phoenix HYPE+0.0009%1h93.919+0.064%$217K$1.2M10xas long as short
Aster HYPEUSDT+0.0017%4h93.846−0.014%$8.9M$36.1M300xas long as short
Bybit HYPEUSDT+0.0021%8h93.830−0.031%$322.8M$283.9M75xas long as short
Derive HYPE-PERP+0.0027%1h93.776−0.089%$16.4M$7.1M10xas long as short
Phemex HYPEUSDT+0.0045%8h93.834−0.027%$12.8M$2.6M50xas long as short
MEXC HYPE_USDT+0.0052%4h93.831−0.030%$88.4M$82.2M100xas long as short
Binance HYPEUSDT+0.0053%4h93.826−0.035%$383.1M$898.2M75xas long as short
edgeX HYPEUSDC+0.0061%4h93.800−0.062%$5.1M$29.6M30xas long as short
Popdex HYPEUSDT+0.0064%1h93.826−0.035%$60K$1.2M50xas long as short
Gate HYPE_USDTshort+0.0074%4h93.831−0.030%$44.1M$59.9M75x
Bullet HYPE-USD+0.0087%1h93.823−0.038%$113K$578K20xas long as short
OKX HYPE-USDT-SWAP+0.0093%8h93.821−0.040%$115.8M$322.5M50xas long as short
Lighter HYPE+0.0096%1h93.908+0.052%$18.9M$60.3M20xas long as short
Lighter RH HYPE+0.0096%1h93.889+0.032%$3.1M$12.3M20xas long as short
Aevo HYPE-PERP+0.0096%1h93.828−0.033%$399K$318K20xas long as short
Paradex HYPE-USD-PERP+0.0099%8h93.896+0.040%$341K$171K20xas long as short
Katana Perps HYPE-USD+0.0099%8h93.810−0.052%$37K$1.6M10xas long as short
Nado HYPE-PERP+0.0100%1h93.856−0.003%$5.7M$44.4M10xas long as short
Hyperliquid HYPE+0.0100%1h93.933+0.079%$2.04B$681.2M10xas long as short
Pacifica HYPE+0.0100%1h93.892+0.035%$10.1M$14.6M20xas long as short
Bulk HYPE-USD+0.0100%1h93.820−0.042%$205K$7K10xas long as short
KuCoin HYPEUSDTM+0.0100%4h93.846−0.014%$46.4M$18.6M75xas long as short
Bitget HYPEUSDT+0.0100%4h93.832−0.029%$227.2M$102.2M75xas long as short
BingX HYPE-USDT+0.0100%4h93.834−0.027%—$54.2M—as long as short
Backpack HYPE_USDC_PERP+0.0100%1h93.938+0.084%$7.9M$10.5M20xas long as short
Variational Omni HYPE+0.0100%8h93.811−0.051%$31.2M$54.1M—as long as short
GRVT HYPE_USDT_Perp+0.0100%4h93.848−0.012%$7.6M$45.8M10xas long as short
ApeX Omni HYPEUSDT+0.0100%1h93.8590.000%$359K$1.1M50xas long as short
StandX HYPE-USD+0.0100%1h93.811−0.051%$678K$2.5M20xas long as short
Vest HYPE-PERP+0.0100%1h93.880+0.022%—$454K5xas long as short
Polymarket Perps HYPE-USD+0.0100%1h93.854−0.005%$471K$2.5M20xas long as short
Bluefin HYPE-PERP+0.0100%1h93.841−0.019%$76K$172K20xas long as short
SunX HYPE-USDTlong+0.0100%4h93.859long leg$32K$1.6M20x
SoDEX HYPE-USD+0.0100%1h93.811−0.051%$2.0M$2.0M10xas long as short
Injective HYPE/USDC PERP+0.0104%1h94.410+0.587%$31K$338K12xas long as short
Extended HYPE-USD+0.0104%1h93.803−0.059%$18.3M$42.8M50xas long as short
Kalshi KXHYPEPERP+0.0151%8h93.951+0.098%$1.9M$5.0M2.3xas long as short
Coinbase International HYPE-PERP-INTX+0.0152%1h93.870+0.012%$4.9M$5.7M50xas long as short
HTX HYPE-USDT+0.0193%4h94.050+0.203%$1.5M$7.8M75xas long as short
BloFin HYPE-USDT+0.0217%4h93.824−0.037%$16.9M$12.6M75xas long as short
Reya HYPERUSDPERP+0.0249%1h93.809−0.053%$77K$142K15xas long as short
RISEx HYPE/USDC+0.0284%1h93.872+0.014%$2.8M$6.8M20xas long as short
GMX HYPE/USD [WBTC.b-USDC]L +0.0338% / S −0.0163%1h93.863+0.004%$1.4M—100xas long as short
Deribit HYPE_USDC-PERPETUAL+0.0347%1h93.934+0.080%$7.5M$4.6M50xas long as short
Kraken Futures PF_HYPEUSD+0.0578%1h93.925+0.070%$21.0M$29.5M50xas long as short