Settings8H · net · $10k
LanguageThe language of the site
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG92.202+0.0100pay 0.0100% / 8h2h 33m$28.1M$45.8M50xLong Variational Omni+15% pts
SHORT92.259+0.0100get 0.0013% / 1h33m 58s$2.7M$6.9M60xShort TxFlow5% off
Price gap+0.062%45s
Funding gap0.0000% /8h

Funding is ≈ 0, so this is a price-spread trade: +$3 on $10k if the gap goes back to its 7d average.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$10.0000% /8h now · paid +0.005% over the last 4 hours (all we have)
Price—spread +0.062%45s now · prices read too far apart to compare
Costs−$150.154% of $10k · taker + slippage, in and out
Result—+ Points / potential airdropVariational Omni: points · TxFlow: points · farm boardneeds both prices read together

Price and funding

1h · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.062%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

HYPE on 55 exchanges

lowest funding first

Before you open

3 ok · 3 to watch
  • OK: Fits both order books1.3 / 5.0 bp
    Entry at $10k a leg, taker fee + slippage. Closing costs about the same.
  • Note: Margin at max leverage$200 + $167
    Variational Omni 50x, TxFlow 60x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • Watch: Payment intervals differ8h / 1h
    Payments land at different times. Close right after the slower leg pays.
    Next 24h at the current rates, on $10k a leg: $0.00Long Variational Omni: 3 payments, −$3.00; short TxFlow: 24 payments, +$3.00.
  • Watch: Prices read 45 s apart+0.062% vs +0.028%
    Part of this gap may be the market moving.
  • Watch: Short leg is thinner$2.7M vs $28.1M OI
    TxFlow sets your exit cost. Check its book before closing.
  • OK: Points on a legVariational Omni points · TxFlow points
    Volume here counts toward the points program.
  • OK: No KYC on either legVariational Omni No · TxFlow No
    Both exchanges let you trade without ID.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned+0.0090%/8h × 21 periods+$18.96
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$6.35
Fee Variational Omni bp × 2 orders$0.00
Fee TxFlow bp × 2 orders−$9.00
Net · 7 days · $10k+$3.61
price spread not counted: prices read too far apart
Costs to cover0.154%Break-even5.7 days
Slippage: Variational Omni: RFQ quote, just now; TxFlow: live order book, 5 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGVariational Omni0.421.3 bp−$12.3 bp−$2319.7 bp−$1,973doesn’t fit
SELL · SHORTTxFlow0.055.0 bp−$56.1 bp−$6119.6 bp−$1,95573.3 bp−$36.7K

Closing costs about the same again.

Alert

HYPE news

posts that mention HYPE, from every exchangeSearch all news →
10-01 17:59coinbaseOtherThings you can do on Coinbase now that you couldn't in August: - Request IPO shares - Ask @Grok to trade for you - Trade Cashtags right from X - Use prediction markets on @CoinbaseWallet - Borrow against HYPE and ZEC - And 𝘮𝘰𝘳𝘦 Here's what happened @Coinbase in September ↓ @coinbase on X ↗
09-29 15:00coinbaseOtherAssets you swore you'd never sell: - HYPE - ZEC Assets you can now instantly borrow up to $100k against instead of selling: - HYPE - ZEC Guess that works out. @coinbase on X ↗
09-29 14:58BingXContestYour next trade could come with extra rewards 😎 Share a 200,000 USDT prize pool, with up to 500 USDT per trader. New users can claim 15 USDT trading BTC, ETH or HYPE, plus daily trading rewards of 15 USDT. Join on BingX before Oct 7👇 @BingXOfficial on X ↗
09-28 18:50AevoOtherbitcoin:native is back near $83k after trading above $86k last week. Whether you trade the continuation or pullback, all options and this week’s Perp Majors count toward the volume requirement for our year-end reward. This week’s Perp Majors include: BTC, ETH, SOL, ZEC, NEAR, HYPE, LIT, SPY, QQQ, HOOD, SNDK, MU, NVDA, TSLA, GOOGL. @aevoxyz on X ↗
09-28 15:17OKXOtherNew X Drops just went live in Europe. Trade XDP, HYPE, TAO, LINK, PUMP, UNI, LTC, DOGE, FET, or AAVE for a share of 23M $XDP. $XDP trades get a 3× boost. @okx on X ↗
09-24 07:40BinanceListingBinance will list @HyperliquidX (HYPE) with the Seed Tag applied. More info → @binance on X ↗