Funding you earn now, next payment 22:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h 0.000%
Price spread now: Lighter against SunX+0.023%7-day average −0.023% · you sell dearer than you buy
Net, funding: paid 7d − costs−$131as in the Funding arb table
Net, price: spread back to 7d avg − costs−$124as in the Price arb table
costs, in and out, $10k−$1291.288% of the position
Funding, last 7 days−0.019%−$2 on $10k
+Price spread, last 3 days (all we have)+0.114%+$11 · spread now +0.023%, 7d avg −0.023%
=Together, before fees+0.095%+ Points / potential airdropLighter: Season 3 · 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: Lighter is 0.046% dearer against SunX than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.023%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX HYPE-USDT | 93.439 | 0.0100 | pay 0.0050% / 4h | 2h 43m | $32K | $1.6M | 20x |
| Short | Lighter HYPE | 93.460 | 0.0096 | get 0.0012% / 1h | 43m 50s | $18.5M | $59.4M | 20x |
SunX HYPE-USDT
Lighter HYPEFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against SunX. 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
- −$0.84
- Price spread: +0.023% → −0.023%
- $4.63
- Slippage, 4 orders
- −$120.84
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$125.05
- Costs to cover
- 1.288%
- Break-even
- never at this rate
Slippage from SunX: live order book, 11 min ago; Lighter: 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 SunX live order book, 11 min ago | 54.32 bp | 59.0 bp −$59 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter live order book, 5 min ago | 0.25 bp | 1.2 bp −$1 | 3.3 bp −$33 | 15.5 bp −$1,545 | 47.3 bp −$23.6K |
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 | −0.1240% | 1h | 93.370 | −0.074% | $197K | $233K | 7x | as long as short |
| Ondo Perps HYPE-USD.P | −0.0218% | 1h | 93.330 | −0.117% | $701K | $943K | 10x | as long as short |
| Aftermath Perps HYPEUSD | −0.0193% | 1h | 93.399 | −0.043% | $22K | $22K | 10x | as long as short |
| 01 Exchange HYPEUSD | −0.0080% | 1h | 93.415 | −0.026% | $89K | $346K | 20x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 93.388 | −0.055% | $3K | $331 | 25x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 93.427 | −0.012% | $127K | $33K | 5x | as long as short |
| Kalshi KXHYPEPERP | 0.0000% | 8h | 93.484 | +0.048% | $1.9M | $5.4M | 2.3x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 93.394 | −0.048% | $23K | $343K | 10x | as long as short |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0001% | 1h | 93.430 | −0.010% | $19K | — | 150x | as long as short |
| Aster HYPEUSDT | +0.0013% | 4h | 93.413 | −0.028% | $8.9M | $36.0M | 300x | as long as short |
Hibachi HYPE/USDT-P
Ondo Perps HYPE-USD.P
Aftermath Perps HYPEUSD
01 Exchange HYPEUSD
Hotstuff HYPE-PERP
dYdX HYPE-USD
Kalshi KXHYPEPERP
Perpl HYPE
gTrade (Gains Network) HYPE/USD
Aster HYPEUSDTShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate HYPE_USDT | +0.0016% | 4h | 93.430 | −0.010% | $44.2M | $56.3M | 75x | as long as short |
| Derive HYPE-PERP | +0.0017% | 1h | 93.355 | −0.090% | $16.4M | $7.1M | 10x | as long as short |
| Bullet HYPE-USD | +0.0030% | 1h | 93.411 | −0.030% | $112K | $583K | 20x | as long as short |
| Bybit HYPEUSDT | +0.0039% | 8h | 93.418 | −0.022% | $325.4M | $287.9M | 75x | as long as short |
| Phoenix HYPE | +0.0068% | 1h | 93.408 | −0.033% | $216K | $1.2M | 10x | as long as short |
| Orderly PERP_HYPE_USDC | +0.0074% | 4h | 93.412 | −0.029% | $180K | $536K | 20x | as long as short |
| Lighter HYPEshort | +0.0096% | 1h | 93.460 | +0.023% | $18.5M | $59.4M | 20x | |
| Lighter RH HYPE | +0.0096% | 1h | 93.430 | −0.010% | $3.1M | $12.3M | 20x | as long as short |
| Popdex HYPEUSDT | +0.0096% | 1h | 93.390 | −0.052% | $56K | $1.2M | 50x | as long as short |
| Katana Perps HYPE-USD | +0.0100% | 8h | 93.520 | +0.087% | $40K | $1.7M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 93.397 | −0.044% | $6.0M | $44.3M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 93.463 | +0.026% | $2.04B | $669.3M | 10x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 93.391 | −0.051% | $10.0M | $14.5M | 20x | as long as short |
| Binance HYPEUSDT | +0.0100% | 4h | 93.430 | −0.010% | $385.9M | $888.4M | 75x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0100% | 8h | 93.423 | −0.017% | $114.8M | $315.6M | 50x | as long as short |
| Arcus HYPE-USD | +0.0100% | 1h | 93.374 | −0.070% | $1.2M | $4.0M | 10x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 93.335 | −0.111% | $204K | $12K | 10x | as long as short |
| MEXC HYPE_USDT | +0.0100% | 4h | 93.425 | −0.015% | $93.0M | $81.9M | 100x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 93.431 | −0.009% | $46.3M | $19.3M | 75x | as long as short |
| Bitget HYPEUSDT | +0.0100% | 4h | 93.452 | +0.014% | $226.9M | $102.1M | 75x | as long as short |
| BingX HYPE-USDT | +0.0100% | 4h | 93.427 | −0.013% | — | $54.3M | — | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 93.427 | −0.013% | $7.9M | $11.7M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 93.375 | −0.068% | $28.8M | $49.9M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 93.445 | +0.006% | $7.5M | $45.8M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 93.456 | +0.018% | $406K | $1.0M | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 93.481 | +0.045% | $676K | $2.4M | 20x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 93.440 | +0.001% | — | $454K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 93.423 | −0.017% | $493K | $2.6M | 20x | as long as short |
| Bluefin HYPE-PERP | +0.0100% | 1h | 93.402 | −0.040% | $76K | $169K | 20x | as long as short |
| SunX HYPE-USDTlong | +0.0100% | 4h | 93.439 | long leg | $32K | $1.6M | 20x | |
| SoDEX HYPE-USD | +0.0100% | 1h | 93.389 | −0.054% | $2.0M | $2.0M | 10x | as long as short |
| Phemex HYPEUSDT | +0.0100% | 8h | 93.407 | −0.034% | $12.7M | $2.6M | 50x | as long as short |
| Paradex HYPE-USD-PERP | +0.0100% | 8h | 93.411 | −0.030% | $339K | $171K | 20x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 93.419 | −0.021% | $18.4M | $41.1M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0104% | 1h | 93.405 | −0.036% | $397K | $318K | 20x | as long as short |
| edgeX HYPEUSDC | +0.0107% | 4h | 93.435 | −0.005% | $5.1M | $29.5M | 30x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0208% | 1h | 93.500 | +0.065% | $4.9M | $5.7M | 50x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0232% | 1h | 93.499 | +0.064% | $7.4M | $4.6M | 50x | as long as short |
| Reya HYPERUSDPERP | +0.0245% | 1h | 93.400 | −0.042% | $77K | $157K | 15x | as long as short |
| Injective HYPE/USDC PERP | +0.0285% | 1h | 93.330 | −0.117% | $30K | $231K | 12x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0339% / S −0.0165% | 1h | 93.443 | +0.004% | $1.4M | — | 100x | as long as short |
| BloFin HYPE-USDT | +0.0340% | 4h | 93.405 | −0.036% | $17.1M | $12.5M | 75x | as long as short |
| HTX HYPE-USDT | +0.0373% | 4h | 93.536 | +0.104% | $1.5M | $7.6M | 75x | as long as short |
| RISEx HYPE/USDC | +0.0467% | 1h | 93.462 | +0.025% | $2.7M | $6.8M | 20x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0573% | 1h | 93.491 | +0.056% | $19.2M | $25.9M | 50x | as long as short |
Gate HYPE_USDT
Derive HYPE-PERP
Bullet HYPE-USD
Bybit HYPEUSDT
Phoenix HYPE
Orderly PERP_HYPE_USDC
Lighter RH HYPE
Popdex HYPEUSDT
Katana Perps HYPE-USD
Nado HYPE-PERP
Hyperliquid HYPE
Pacifica HYPE
Binance HYPEUSDT
OKX HYPE-USDT-SWAP
Arcus HYPE-USD
Bulk HYPE-USD
MEXC HYPE_USDT
KuCoin HYPEUSDTM
Bitget HYPEUSDT
BingX HYPE-USDT
Backpack HYPE_USDC_PERP
Variational Omni HYPE
GRVT HYPE_USDT_Perp
ApeX Omni HYPEUSDT
StandX HYPE-USD
Vest HYPE-PERP
Polymarket Perps HYPE-USD
Bluefin HYPE-PERP
SoDEX HYPE-USD
Phemex HYPEUSDT
Paradex HYPE-USD-PERP
Extended HYPE-USD
Aevo HYPE-PERP
edgeX HYPEUSDC
Coinbase International HYPE-PERP-INTX
Deribit HYPE_USDC-PERPETUAL
Reya HYPERUSDPERP
Injective HYPE/USDC PERP
GMX HYPE/USD [WBTC.b-USDC]
BloFin HYPE-USDT
HTX HYPE-USDT
RISEx HYPE/USDC
Kraken Futures PF_HYPEUSD