Funding you earn now, next payment 01:00 UTC−0.0097%/8h= −10.7% APRpaid last 24h −0.029%
Price spread now: gTrade (Gains Network) against Variational Omni+0.123%7-day average — · 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)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
The price spread pays, funding is against you. gTrade (Gains Network) is 0.123% dearer against Variational Omni than usual: you sell high and buy low (spread +0.123% now, against zero (this spread has no 7-day history yet)): +$12 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 4.2 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni HYPE | 93.810 | 0.0100 | pay 0.0100% / 8h | 7h 16m | $31.4M | $54.1M | — |
| Short | gTrade (Gains Network) HYPE/USD | 93.926 | L +0.0002% / S −0.0003% | get 0.0000% / 1h | 16m 12s | $27K | — | 150x |
Variational Omni HYPE
gTrade (Gains Network) HYPE/USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) 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
- −$20.43
- Price spread: +0.123% → 0.000%
- $12.34
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$18.09
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Variational Omni: RFQ quote, 3 min ago; gTrade (Gains Network): 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 Variational Omni RFQ quote, 3 min ago | 0.44 bp | doesn't fit | 3.5 bp −$35 | 15.6 bp −$1,560 | doesn't fit |
| Sell gTrade (Gains Network) no order-book sample | — | — | — | — | — |
gTrade (Gains Network): 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 | −0.1280% | 1h | 93.530 | −0.299% | $198K | $228K | 7x | as long as short |
| Arcus HYPE-USD | −0.0625% | 1h | 93.701 | −0.117% | $1.3M | $3.9M | 10x | as long as short |
| Aftermath Perps HYPEUSD | −0.0197% | 1h | 93.835 | +0.026% | $22K | $21K | 10x | as long as short |
| Ondo Perps HYPE-USD.P | −0.0134% | 1h | 93.730 | −0.086% | $708K | $958K | 10x | as long as short |
| dYdX HYPE-USD | −0.0103% | 1h | 93.818 | +0.008% | $129K | $31K | 5x | as long as short |
| 01 Exchange HYPEUSD | −0.0088% | 1h | 93.855 | +0.047% | $85K | $361K | 20x | as long as short |
| Bullet HYPE-USD | −0.0085% | 1h | 93.875 | +0.069% | $113K | $581K | 20x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 93.610 | −0.214% | $3K | $331 | 25x | as long as short |
| Phemex HYPEUSDT | −0.0051% | 8h | 93.936 | +0.134% | $12.8M | $2.6M | 50x | as long as short |
| Gate HYPE_USDT | −0.0048% | 4h | 93.895 | +0.090% | $44.4M | $60.1M | 75x | as long as short |
Hibachi HYPE/USDT-P
Arcus HYPE-USD
Aftermath Perps HYPEUSD
Ondo Perps HYPE-USD.P
dYdX HYPE-USD
01 Exchange HYPEUSD
Bullet HYPE-USD
Hotstuff HYPE-PERP
Phemex HYPEUSDT
Gate HYPE_USDTShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_HYPE_USDC | −0.0027% | 4h | 93.892 | +0.087% | $159K | $645K | 20x | as long as short |
| Bybit HYPEUSDT | −0.0013% | 8h | 93.940 | +0.138% | $323.3M | $281.1M | 75x | as long as short |
| Aster HYPEUSDT | −0.0004% | 4h | 93.846 | +0.038% | $8.9M | $36.1M | 300x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 93.792 | −0.020% | $23K | $326K | 10x | as long as short |
| gTrade (Gains Network) HYPE/USDshort | L +0.0002% / S −0.0003% | 1h | 93.926 | +0.123% | $27K | — | 150x | |
| Derive HYPE-PERP | +0.0009% | 1h | 93.884 | +0.079% | $16.4M | $7.3M | 10x | as long as short |
| Phoenix HYPE | +0.0034% | 1h | 93.678 | −0.141% | $218K | $1.2M | 10x | as long as short |
| MEXC HYPE_USDT | +0.0042% | 4h | 93.950 | +0.149% | $88.5M | $83.2M | 100x | as long as short |
| Binance HYPEUSDT | +0.0042% | 4h | 93.948 | +0.147% | $383.2M | $896.0M | 75x | as long as short |
| edgeX HYPEUSDC | +0.0057% | 4h | 93.961 | +0.161% | $5.1M | $30.0M | 30x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0074% | 8h | 93.939 | +0.137% | $116.0M | $317.2M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0088% | 1h | 93.937 | +0.135% | $400K | $180K | 20x | as long as short |
| Bluefin HYPE-PERP | +0.0090% | 1h | 93.939 | +0.137% | $76K | $171K | 20x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 93.974 | +0.174% | $19.1M | $60.1M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 93.954 | +0.153% | $3.0M | $12.2M | 20x | as long as short |
| Popdex HYPEUSDT | +0.0096% | 1h | 93.849 | +0.041% | $65K | $1.2M | 50x | as long as short |
| Paradex HYPE-USD-PERP | +0.0099% | 8h | 93.871 | +0.065% | $341K | $165K | 20x | as long as short |
| Katana Perps HYPE-USD | +0.0100% | 8h | 93.830 | +0.021% | $29K | $1.6M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 93.805 | −0.006% | $6.6M | $44.8M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 93.895 | +0.090% | $2.05B | $676.1M | 10x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 93.835 | +0.027% | $10.2M | $14.6M | 20x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 93.528 | −0.301% | $204K | $12K | 10x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 93.956 | +0.155% | $46.8M | $18.3M | 75x | as long as short |
| Bitget HYPEUSDT | +0.0100% | 4h | 93.971 | +0.171% | $227.7M | $101.0M | 75x | as long as short |
| BingX HYPE-USDT | +0.0100% | 4h | 93.911 | +0.107% | — | $54.0M | — | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 93.634 | −0.188% | $7.7M | $10.3M | 20x | as long as short |
| Variational Omni HYPElong | +0.0100% | 8h | 93.810 | long leg | $31.4M | $54.1M | — | |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 93.991 | +0.193% | $7.6M | $46.1M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 93.940 | +0.138% | $340K | $1.1M | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 93.666 | −0.154% | $677K | $2.6M | 20x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 93.816 | +0.006% | — | $243K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 93.874 | +0.068% | $475K | $2.5M | 20x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 94.014 | +0.217% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 93.952 | +0.151% | $2.0M | $2.0M | 10x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 93.926 | +0.123% | $18.3M | $45.5M | 50x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0144% | 1h | 93.980 | +0.181% | $4.9M | $5.5M | 50x | as long as short |
| BloFin HYPE-USDT | +0.0168% | 4h | 93.581 | −0.245% | $17.0M | $12.1M | 75x | as long as short |
| Injective HYPE/USDC PERP | +0.0205% | 1h | 94.490 | +0.724% | $31K | $338K | 12x | as long as short |
| RISEx HYPE/USDC | +0.0222% | 1h | 93.865 | +0.058% | $2.7M | $6.8M | 20x | as long as short |
| Kalshi KXHYPEPERP | +0.0227% | 8h | 93.872 | +0.066% | $1.9M | $5.1M | 2.3x | as long as short |
| Reya HYPERUSDPERP | +0.0252% | 1h | 93.843 | +0.035% | $79K | $143K | 15x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0335% / S −0.0156% | 1h | 93.911 | +0.107% | $1.4M | — | 100x | as long as short |
| HTX HYPE-USDT | +0.0373% | 4h | 94.100 | +0.309% | $1.5M | $6.0M | 75x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0671% | 1h | 94.050 | +0.255% | $21.0M | $29.8M | 50x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0729% | 1h | 94.061 | +0.267% | $7.5M | $4.6M | 50x | as long as short |
Orderly PERP_HYPE_USDC
Bybit HYPEUSDT
Aster HYPEUSDT
Perpl HYPE
Derive HYPE-PERP
Phoenix HYPE
MEXC HYPE_USDT
Binance HYPEUSDT
edgeX HYPEUSDC
OKX HYPE-USDT-SWAP
Aevo HYPE-PERP
Bluefin HYPE-PERP
Lighter HYPE
Lighter RH HYPE
Popdex HYPEUSDT
Paradex HYPE-USD-PERP
Katana Perps HYPE-USD
Nado HYPE-PERP
Hyperliquid HYPE
Pacifica HYPE
Bulk HYPE-USD
KuCoin HYPEUSDTM
Bitget HYPEUSDT
BingX HYPE-USDT
Backpack HYPE_USDC_PERP
GRVT HYPE_USDT_Perp
ApeX Omni HYPEUSDT
StandX HYPE-USD
Vest HYPE-PERP
Polymarket Perps HYPE-USD
SunX HYPE-USDT
SoDEX HYPE-USD
Extended HYPE-USD
Coinbase International HYPE-PERP-INTX
BloFin HYPE-USDT
Injective HYPE/USDC PERP
RISEx HYPE/USDC
Kalshi KXHYPEPERP
Reya HYPERUSDPERP
GMX HYPE/USD [WBTC.b-USDC]
HTX HYPE-USDT
Kraken Futures PF_HYPEUSD
Deribit HYPE_USDC-PERPETUAL