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 04:00 UTC−0.0046%/8h= −5.0% APRpaid last 24h −0.009%
Price spread now: Binance against Variational Omni+0.064%7-day average +0.036% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Long on Variational OmniShort on Binance
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.009%−$1 on $10k
Price spread, last 7 days−0.042%−$4 · spread now +0.064%, 7d avg +0.036%
Together, before fees−0.051%+ Points / potential airdropVariational Omni: Active · farm board−$5 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Binance is 0.028% dearer against Variational Omni than usual: you sell high and buy low (spread +0.064% now, against its 7-day average of +0.036%): +$3 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 2.0 days. At the pace of the last 3 days (−0.009% in total) that is about 10 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni HYPE93.4110.0100pay 0.0100% / 8h6h 33m$31.0M$54.9M—
ShortBinance HYPEUSDT93.4700.0054get 0.0027% / 4h2h 33m$380.2M$905.5M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$9.59
Price spread: +0.064% → +0.036%
$2.76
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Binance: 5 bp × 2 orders
−$10
Net
−$16.83
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Variational Omni: RFQ quote, 1 min ago; Binance: live order book, 11 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Variational Omni RFQ quote, 1 min ago0.44 bpdoesn't fit3.0 bp −$3015.9 bp −$1,590doesn't fit
Sell Binance live order book, 11 min ago0.11 bp6.5 bp −$78.0 bp −$8014.7 bp −$1,47430.5 bp −$15.3K

HYPE on 54 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−0.0904%1h93.476+0.070%$196K$231K7xas long as short
Arcus HYPE-USD−0.0786%1h93.285−0.134%$1.2M$3.9M10xas long as short
Aftermath Perps HYPEUSD−0.0167%1h93.383−0.029%$22K$21K10xas long as short
Ondo Perps HYPE-USD.P−0.0117%1h93.350−0.065%$698K$986K10xas long as short
Hotstuff HYPE-PERP−0.0080%1h93.559+0.159%$3K$33125xas long as short
Phemex HYPEUSDT−0.0077%8h93.417+0.007%$12.7M$2.7M50xas long as short
Gate HYPE_USDT−0.0070%4h93.440+0.032%$44.3M$54.6M75xas long as short
Backpack HYPE_USDC_PERP−0.0068%1h93.397−0.014%$7.8M$10.4M20xas long as short
01 Exchange HYPEUSD−0.0064%1h93.429+0.020%$85K$353K20xas long as short
Orderly PERP_HYPE_USDC−0.0057%4h93.410−0.001%$156K$652K20xas long as short
Show all 54 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster HYPEUSDT−0.0019%4h93.474+0.068%$8.9M$36.2M300xas long as short
dYdX HYPE-USD0.0000%1h93.439+0.031%$128K$31K5xas long as short
Perpl HYPE0.0000%43m93.410−0.001%$22K$331K10xas long as short
BingX HYPE-USDT+0.0002%4h93.432+0.023%—$53.8M—as long as short
gTrade (Gains Network) HYPE/USDL +0.0002% / S −0.0003%1h93.440+0.031%$26K—150xas long as short
Bybit HYPEUSDT+0.0002%8h93.494+0.089%$321.2M$285.1M75xas long as short
MEXC HYPE_USDT+0.0050%4h93.431+0.022%$88.0M$82.7M100xas long as short
Binance HYPEUSDTshort+0.0054%4h93.470+0.064%$380.2M$905.5M75x
edgeX HYPEUSDC+0.0059%4h93.458+0.050%$5.1M$30.0M30xas long as short
Bullet HYPE-USD+0.0059%1h93.438+0.029%$112K$578K20xas long as short
Phoenix HYPE+0.0060%1h93.170−0.257%$210K$1.2M10xas long as short
OKX HYPE-USDT-SWAP+0.0065%8h93.511+0.108%$114.9M$315.3M50xas long as short
Derive HYPE-PERP+0.0076%1h93.401−0.010%$16.2M$7.7M10xas long as short
Paradex HYPE-USD-PERP+0.0094%8h93.458+0.051%$339K$165K20xas long as short
Lighter HYPE+0.0096%1h93.436+0.027%$16.4M$62.4M20xas long as short
Lighter RH HYPE+0.0096%1h93.430+0.021%$3.1M$11.9M20xas long as short
Popdex HYPEUSDT+0.0096%1h93.385−0.027%$66K$1.2M50xas long as short
Aevo HYPE-PERP+0.0096%1h93.435+0.026%$397K$177K20xas long as short
Katana Perps HYPE-USD+0.0100%8h93.350−0.065%$21K$1.6M10xas long as short
Nado HYPE-PERP+0.0100%1h93.379−0.033%$5.7M$45.2M10xas long as short
Hyperliquid HYPE+0.0100%1h93.527+0.125%$2.04B$670.1M10xas long as short
Pacifica HYPE+0.0100%1h93.451+0.044%$10.0M$14.8M20xas long as short
KuCoin HYPEUSDTM+0.0100%4h93.439+0.030%$46.0M$18.3M75xas long as short
Bitget HYPEUSDT+0.0100%4h93.456+0.049%$226.1M$100.4M75xas long as short
Variational Omni HYPElong+0.0100%8h93.411long leg$31.0M$54.9M—
GRVT HYPE_USDT_Perp+0.0100%4h93.516+0.113%$7.5M$48.3M10xas long as short
ApeX Omni HYPEUSDT+0.0100%1h93.468+0.062%$338K$1.1M50xas long as short
StandX HYPE-USD+0.0100%1h93.511+0.108%$667K$2.6M20xas long as short
Vest HYPE-PERP+0.0100%1h93.501+0.096%—$243K5xas long as short
Polymarket Perps HYPE-USD+0.0100%1h93.438+0.029%$468K$2.5M20xas long as short
Bluefin HYPE-PERP+0.0100%1h93.428+0.019%$79K$173K20xas long as short
SunX HYPE-USDT+0.0100%4h93.499+0.095%$32K$1.6M20xas long as short
SoDEX HYPE-USD+0.0100%1h93.432+0.023%$2.0M$2.0M10xas long as short
Bulk HYPE-USD+0.0100%1h93.348−0.067%$203K$10K10xas long as short
Extended HYPE-USD+0.0104%1h93.416+0.006%$18.4M$44.5M50xas long as short
Coinbase International HYPE-PERP-INTX+0.0136%1h93.440+0.032%$4.9M$5.6M50xas long as short
Injective HYPE/USDC PERP+0.0137%1h93.490+0.085%$30K$339K12xas long as short
RISEx HYPE/USDC+0.0210%1h93.442+0.034%$2.7M$6.7M20xas long as short
HTX HYPE-USDT+0.0218%4h93.571+0.172%$1.4M$6.2M75xas long as short
Reya HYPERUSDPERP+0.0254%1h93.408−0.003%$79K$142K15xas long as short
Kalshi KXHYPEPERP+0.0266%8h93.577+0.178%$1.9M$5.1M2.3xas long as short
GMX HYPE/USD [WBTC.b-USDC]L +0.0334% / S −0.0158%1h93.449+0.041%$1.4M—100xas long as short
Deribit HYPE_USDC-PERPETUAL+0.0445%1h93.531+0.129%$7.5M$4.5M50xas long as short
Kraken Futures PF_HYPEUSD+0.0682%1h93.528+0.125%$20.9M$30.1M50xas long as short