Funding you earn now, next payment 00:00 UTC−0.0102%/8h= −11.2% APRpaid last 24h −0.021%
Price spread now: Ondo Perps against SunX−0.009%7-day average −0.146% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.127%−$13 on $10k
+Price spread, last 3 days (all we have)−0.106%−$11 · spread now −0.009%, 7d avg −0.146%
=Together, before fees−0.234%+ Points / potential airdropOndo Perps: Active · farm board−$23 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Ondo Perps is 0.138% dearer against SunX than usual: you sell high and buy low (spread −0.009% now, against its 7-day average of −0.146%): +$14 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 4.5 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX HYPE-USDT | 93.808 | 0.0100 | pay 0.0050% / 4h | 57m 22s | $32K | $1.6M | 20x |
| Short | Ondo Perps HYPE-USD.P | 93.800 | −0.0002 | pay 0.0000% / 1h | 57m 22s | $701K | $903K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps 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
- −$21.5
- Price spread: −0.009% → −0.146%
- $13.78
- Slippage, 4 orders
- no order book: not counted
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$20.72
- Costs to cover
- 0.130%
- Break-even
- from the start
Slippage unknown: SunX: live order book, 8 min ago; Ondo Perps: no order-book sample. Net counts fees only.
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, 8 min ago | 19.33 bp | 24.1 bp −$24 | doesn't fit | doesn't fit | doesn't fit |
| Sell Ondo Perps no order-book sample | — | — | — | — | — |
Ondo Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0504% | 1h | 93.735 | −0.078% | $198K | $228K | 7x | as long as short |
| Aftermath Perps HYPEUSD | −0.0486% | 1h | 93.638 | −0.182% | $22K | $22K | 10x | as long as short |
| Arcus HYPE-USD | −0.0233% | 1h | 93.768 | −0.043% | $1.2M | $3.8M | 10x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 93.840 | +0.034% | $3K | $331 | 25x | as long as short |
| Ondo Perps HYPE-USD.Pshort | −0.0002% | 1h | 93.800 | −0.009% | $701K | $903K | 10x | |
| dYdX HYPE-USD | 0.0000% | 1h | 93.912 | +0.111% | $128K | $32K | 5x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 93.882 | +0.079% | $23K | $330K | 10x | as long as short |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0002% | 1h | 93.922 | +0.122% | $28K | — | 150x | as long as short |
| Orderly PERP_HYPE_USDC | +0.0014% | 4h | 93.800 | −0.009% | $177K | $524K | 20x | as long as short |
| Bybit HYPEUSDT | +0.0018% | 8h | 93.880 | +0.077% | $324.8M | $280.9M | 75x | as long as short |
Show all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster HYPEUSDT | +0.0020% | 4h | 93.884 | +0.081% | $8.9M | $35.8M | 300x | as long as short |
| Phoenix HYPE | +0.0034% | 1h | 93.805 | −0.003% | $215K | $1.2M | 10x | as long as short |
| Derive HYPE-PERP | +0.0059% | 1h | 93.750 | −0.062% | $16.4M | $6.9M | 10x | as long as short |
| Gate HYPE_USDT | +0.0064% | 4h | 93.826 | +0.019% | $44.3M | $57.7M | 75x | as long as short |
| MEXC HYPE_USDT | +0.0066% | 4h | 93.898 | +0.096% | $90.7M | $80.3M | 100x | as long as short |
| Binance HYPEUSDT | +0.0067% | 4h | 93.898 | +0.096% | $385.5M | $885.8M | 75x | as long as short |
| Phemex HYPEUSDT | +0.0078% | 8h | 93.741 | −0.071% | $12.8M | $2.6M | 50x | as long as short |
| edgeX HYPEUSDC | +0.0078% | 4h | 93.744 | −0.068% | $5.1M | $29.6M | 30x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 93.880 | +0.077% | $19.0M | $58.9M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 93.869 | +0.065% | $3.1M | $12.2M | 20x | as long as short |
| 01 Exchange HYPEUSD | +0.0096% | 1h | 93.900 | +0.098% | $91K | $355K | 20x | as long as short |
| Popdex HYPEUSDT | +0.0096% | 1h | 93.847 | +0.042% | $63K | $1.2M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0096% | 1h | 93.781 | −0.029% | $399K | $318K | 20x | as long as short |
| Paradex HYPE-USD-PERP | +0.0099% | 8h | 93.845 | +0.039% | $341K | $169K | 20x | as long as short |
| Katana Perps HYPE-USD | +0.0100% | 8h | 93.830 | +0.023% | $29K | $1.6M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 93.844 | +0.039% | $5.9M | $44.1M | 10x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 93.868 | +0.064% | $10.1M | $14.5M | 20x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0100% | 8h | 93.879 | +0.076% | $114.9M | $314.4M | 50x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 93.852 | +0.047% | $47.2M | $18.3M | 75x | as long as short |
| Bitget HYPEUSDT | +0.0100% | 4h | 93.884 | +0.081% | $227.6M | $102.4M | 75x | as long as short |
| BingX HYPE-USDT | +0.0100% | 4h | 93.893 | +0.091% | — | $53.9M | — | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 93.922 | +0.122% | $7.9M | $10.4M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 93.552 | −0.273% | $30.9M | $51.8M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 93.616 | −0.204% | $7.5M | $45.5M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 93.759 | −0.052% | $393K | $1.0M | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 93.783 | −0.027% | $678K | $2.5M | 20x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 93.874 | +0.070% | — | $454K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 93.911 | +0.110% | $484K | $2.5M | 20x | as long as short |
| Bullet HYPE-USD | +0.0100% | 1h | 93.888 | +0.085% | $113K | $577K | 20x | as long as short |
| Bluefin HYPE-PERP | +0.0100% | 1h | 93.803 | −0.005% | $76K | $166K | 20x | as long as short |
| SunX HYPE-USDTlong | +0.0100% | 4h | 93.808 | long leg | $32K | $1.6M | 20x | |
| SoDEX HYPE-USD | +0.0100% | 1h | 93.802 | −0.006% | $2.0M | $2.0M | 10x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 93.680 | −0.136% | $205K | $7K | 10x | as long as short |
| Injective HYPE/USDC PERP | +0.0104% | 1h | 93.680 | −0.136% | $30K | $338K | 12x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 93.826 | +0.019% | $18.6M | $42.0M | 50x | as long as short |
| Kalshi KXHYPEPERP | +0.0120% | 8h | 93.782 | −0.028% | $1.9M | $5.1M | 2.3x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0152% | 1h | 93.770 | −0.041% | $4.9M | $5.7M | 50x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0208% | 1h | 93.890 | +0.087% | $7.4M | $4.5M | 50x | as long as short |
| HTX HYPE-USDT | +0.0220% | 4h | 93.915 | +0.114% | $1.5M | $7.7M | 75x | as long as short |
| Reya HYPERUSDPERP | +0.0248% | 1h | 93.885 | +0.082% | $77K | $142K | 15x | as long as short |
| BloFin HYPE-USDT | +0.0267% | 4h | 93.753 | −0.059% | $17.0M | $12.3M | 75x | as long as short |
| RISEx HYPE/USDC | +0.0284% | 1h | 93.894 | +0.091% | $2.7M | $6.8M | 20x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0340% / S −0.0165% | 1h | 93.801 | −0.008% | $1.4M | — | 100x | as long as short |
| Hyperliquid HYPE | +0.0504% | 1h | 93.911 | +0.110% | $2.04B | $667.3M | 10x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0578% | 1h | 93.904 | +0.102% | $21.0M | $29.0M | 50x | as long as short |
SunX HYPE-USDT
Aftermath Perps HYPEUSD
gTrade (Gains Network) HYPE/USD
Bybit HYPEUSDT
Aster HYPEUSDT
Phoenix HYPE
Derive HYPE-PERP
Gate HYPE_USDT
MEXC HYPE_USDT
Binance HYPEUSDT
Phemex HYPEUSDT
edgeX HYPEUSDC
Lighter HYPE
Lighter RH HYPE
01 Exchange HYPEUSD
Popdex HYPEUSDT
Paradex HYPE-USD-PERP
Katana Perps HYPE-USD
Pacifica HYPE
OKX HYPE-USDT-SWAP
KuCoin HYPEUSDTM
Bitget HYPEUSDT
BingX HYPE-USDT
Backpack HYPE_USDC_PERP
Variational Omni HYPE
GRVT HYPE_USDT_Perp
ApeX Omni HYPEUSDT
StandX HYPE-USD
Polymarket Perps HYPE-USD
Bullet HYPE-USD
Bluefin HYPE-PERP
SoDEX HYPE-USD
Bulk HYPE-USD
Injective HYPE/USDC PERP
Extended HYPE-USD
Kalshi KXHYPEPERP
Coinbase International HYPE-PERP-INTX
Deribit HYPE_USDC-PERPETUAL
HTX HYPE-USDT
BloFin HYPE-USDT
RISEx HYPE/USDC
GMX HYPE/USD [WBTC.b-USDC]
Hyperliquid HYPE
Kraken Futures PF_HYPEUSD