Funding you earn now, next payment 00:00 UTC−0.0085%/8h= −9.3% APRpaid last 24h −0.014%
Price spread now: Aster against Variational Omni+0.183%7-day average +0.018% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.011%−$1 on $10k
+Price spread, last 7 days−0.158%−$16 · spread now +0.183%, 7d avg +0.018%
=Together, before fees−0.170%+ Points / potential airdropVariational Omni: Active · Aster: Stage 5 · farm board−$17 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Aster is 0.165% dearer against Variational Omni than usual: you sell high and buy low (spread +0.183% now, against its 7-day average of +0.018%): +$17 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 6.5 days. At the pace of the last 3 days (−0.011% in total) that is about 48 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni HYPE | 93.236 | 0.0100 | pay 0.0100% / 8h | 1h 41m | $28.9M | $50.6M | — |
| Short | Aster HYPEUSDT | 93.406 | 0.0015 | get 0.0007% / 4h | 1h 41m | $8.9M | $36.0M | 300x |
Variational Omni HYPE
Aster HYPEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Variational Omni. 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
- −$17.86
- Price spread: +0.183% → +0.018%
- $16.51
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$9.36
- Costs to cover
- 0.080%
- Break-even
- from the start
Slippage unknown: Variational Omni: RFQ quote, 2 min ago; Aster: live order book, 2 min ago. 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 Variational Omni RFQ quote, 2 min ago | 0.43 bp | doesn't fit | 3.0 bp −$30 | 12.4 bp −$1,237 | doesn't fit |
| Sell Aster live order book, 2 min ago | 0.21 bp | 4.2 bp −$4 | 4.7 bp −$47 | 11.2 bp −$1,124 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps HYPEUSD | −0.0360% | 1h | 93.244 | +0.008% | $22K | $22K | 10x | as long as short |
| Arcus HYPE-USD | −0.0131% | 1h | 93.335 | +0.106% | $1.2M | $4.0M | 10x | as long as short |
| Hibachi HYPE/USDT-P | −0.0128% | 1h | 93.251 | +0.016% | $197K | $230K | 7x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 93.338 | +0.109% | $3K | $331 | 25x | as long as short |
| Ondo Perps HYPE-USD.P | −0.0044% | 1h | 93.150 | −0.092% | $699K | $924K | 10x | as long as short |
| 01 Exchange HYPEUSD | −0.0008% | 1h | 93.431 | +0.209% | $90K | $361K | 20x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 93.419 | +0.196% | $127K | $32K | 5x | as long as short |
| Popdex HYPEUSDT | 0.0000% | 1h | 93.398 | +0.174% | $57K | $1.2M | 50x | as long as short |
| Kalshi KXHYPEPERP | 0.0000% | 8h | 93.446 | +0.225% | $1.9M | $5.3M | 2.3x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 93.351 | +0.123% | $23K | $331K | 10x | as long as short |
Aftermath Perps HYPEUSD
Arcus HYPE-USD
Hibachi HYPE/USDT-P
Hotstuff HYPE-PERP
Ondo Perps HYPE-USD.P
01 Exchange HYPEUSD
dYdX HYPE-USD
Popdex HYPEUSDT
Kalshi KXHYPEPERP
Perpl HYPEShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0001% | 1h | 93.434 | +0.212% | $20K | — | 150x | as long as short |
| Aster HYPEUSDTshort | +0.0015% | 4h | 93.406 | +0.183% | $8.9M | $36.0M | 300x | |
| Derive HYPE-PERP | +0.0016% | 1h | 93.337 | +0.108% | $16.3M | $7.1M | 10x | as long as short |
| Bybit HYPEUSDT | +0.0031% | 8h | 93.379 | +0.153% | $324.2M | $286.9M | 75x | as long as short |
| Phoenix HYPE | +0.0034% | 1h | 93.278 | +0.045% | $216K | $1.2M | 10x | as long as short |
| Orderly PERP_HYPE_USDC | +0.0037% | 4h | 93.373 | +0.147% | $171K | $519K | 20x | as long as short |
| Gate HYPE_USDT | +0.0062% | 4h | 93.410 | +0.186% | $43.8M | $57.8M | 75x | as long as short |
| Bullet HYPE-USD | +0.0078% | 1h | 93.370 | +0.144% | $112K | $578K | 20x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 93.445 | +0.224% | $18.5M | $58.7M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 93.416 | +0.193% | $3.1M | $12.1M | 20x | as long as short |
| MEXC HYPE_USDT | +0.0096% | 4h | 93.415 | +0.192% | $90.4M | $81.6M | 100x | as long as short |
| Binance HYPEUSDT | +0.0097% | 4h | 93.387 | +0.162% | $383.8M | $892.0M | 75x | as long as short |
| Paradex HYPE-USD-PERP | +0.0099% | 8h | 93.383 | +0.158% | $339K | $170K | 20x | as long as short |
| Katana Perps HYPE-USD | +0.0100% | 8h | 93.380 | +0.154% | $40K | $1.6M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 93.397 | +0.173% | $5.9M | $44.0M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 93.445 | +0.224% | $2.03B | $672.3M | 10x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 93.393 | +0.168% | $10.0M | $14.3M | 20x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0100% | 8h | 93.374 | +0.148% | $114.1M | $314.2M | 50x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 92.884 | −0.378% | $203K | $10K | 10x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 93.388 | +0.163% | $47.3M | $18.9M | 75x | as long as short |
| Bitget HYPEUSDT | +0.0100% | 4h | 93.416 | +0.193% | $226.5M | $102.8M | 75x | as long as short |
| BingX HYPE-USDT | +0.0100% | 4h | 93.402 | +0.178% | — | $54.0M | — | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 93.400 | +0.176% | $7.9M | $11.5M | 20x | as long as short |
| Variational Omni HYPElong | +0.0100% | 8h | 93.236 | long leg | $28.9M | $50.6M | — | |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 93.228 | −0.008% | $7.5M | $45.6M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 93.375 | +0.149% | $413K | $1.0M | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 93.274 | +0.041% | $675K | $2.5M | 20x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 93.420 | +0.197% | $494K | $2.6M | 20x | as long as short |
| Bluefin HYPE-PERP | +0.0100% | 1h | 93.381 | +0.155% | $76K | $168K | 20x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 93.434 | +0.212% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 93.365 | +0.138% | $2.0M | $2.0M | 10x | as long as short |
| Phemex HYPEUSDT | +0.0100% | 8h | 93.357 | +0.130% | $12.7M | $2.6M | 50x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 93.402 | +0.178% | — | $454K | 5x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 93.379 | +0.153% | $18.2M | $42.1M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0104% | 1h | 93.385 | +0.160% | $397K | $318K | 20x | as long as short |
| edgeX HYPEUSDC | +0.0107% | 4h | 93.311 | +0.080% | $5.1M | $29.6M | 30x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0176% | 1h | 93.420 | +0.197% | $4.9M | $5.7M | 50x | as long as short |
| Injective HYPE/USDC PERP | +0.0239% | 1h | 93.250 | +0.015% | $30K | $338K | 12x | as long as short |
| Reya HYPERUSDPERP | +0.0246% | 1h | 93.382 | +0.157% | $78K | $158K | 15x | as long as short |
| HTX HYPE-USDT | +0.0271% | 4h | 93.550 | +0.337% | $1.5M | $7.7M | 75x | as long as short |
| RISEx HYPE/USDC | +0.0280% | 1h | 93.449 | +0.228% | $2.8M | $6.8M | 20x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0328% | 1h | 93.464 | +0.244% | $7.4M | $4.6M | 50x | as long as short |
| BloFin HYPE-USDT | +0.0336% | 4h | 93.332 | +0.103% | $16.9M | $12.5M | 75x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0340% / S −0.0159% | 1h | 93.414 | +0.190% | $1.5M | — | 100x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0465% | 1h | 93.503 | +0.287% | $20.8M | $28.8M | 50x | as long as short |
gTrade (Gains Network) HYPE/USD
Derive HYPE-PERP
Bybit HYPEUSDT
Phoenix HYPE
Orderly PERP_HYPE_USDC
Gate HYPE_USDT
Bullet HYPE-USD
Lighter HYPE
Lighter RH HYPE
MEXC HYPE_USDT
Binance HYPEUSDT
Paradex HYPE-USD-PERP
Katana Perps HYPE-USD
Nado HYPE-PERP
Hyperliquid HYPE
Pacifica HYPE
OKX HYPE-USDT-SWAP
Bulk HYPE-USD
KuCoin HYPEUSDTM
Bitget HYPEUSDT
BingX HYPE-USDT
Backpack HYPE_USDC_PERP
GRVT HYPE_USDT_Perp
ApeX Omni HYPEUSDT
StandX HYPE-USD
Polymarket Perps HYPE-USD
Bluefin HYPE-PERP
SunX HYPE-USDT
SoDEX HYPE-USD
Phemex HYPEUSDT
Vest HYPE-PERP
Extended HYPE-USD
Aevo HYPE-PERP
edgeX HYPEUSDC
Coinbase International HYPE-PERP-INTX
Injective HYPE/USDC PERP
Reya HYPERUSDPERP
HTX HYPE-USDT
RISEx HYPE/USDC
Deribit HYPE_USDC-PERPETUAL
BloFin HYPE-USDT
GMX HYPE/USD [WBTC.b-USDC]
Kraken Futures PF_HYPEUSD