Funding you earn now, next payment 04:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.032%
Price spread now: 01 Exchange against Variational Omni+0.202%7-day average +0.058% · 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)−0.038%−$4 on $10k
+Price spread, last 4 days (all we have)+0.091%+$9 · spread now +0.202%, 7d avg +0.058%
=Together, before fees+0.053%+ Points / potential airdropVariational Omni: Active · farm board+$5 on $10k · with fees, hour by hour
The price spread pays, funding is against you. 01 Exchange is 0.144% dearer against Variational Omni than usual: you sell high and buy low (spread +0.202% now, against its 7-day average of +0.058%): +$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 4.8 days. At the pace of the last 3 days (−0.038% in total) that is about 13 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni HYPE | 92.689 | 0.0100 | pay 0.0100% / 8h | 4h 03m | $28.5M | $57.4M | — |
| Short | 01 Exchange HYPEUSD | 92.876 | 0 | get 0.0000% / 1h | 3m 34s | $87K | $361K | 20x |
Variational Omni HYPE
01 Exchange HYPEUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
01 Exchange 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
- −$21
- Price spread: +0.202% → +0.058%
- $14.43
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Net
- −$13.57
- Costs to cover
- 0.070%
- Break-even
- from the start
Slippage unknown: Variational Omni: RFQ quote, 1 min ago; 01 Exchange: live order book, 56 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, 1 min ago | 0.44 bp | doesn't fit | 7.6 bp −$76 | 20.8 bp −$2,080 | doesn't fit |
| Sell 01 Exchange live order book, 56 min ago | 0.05 bp | 7.1 bp −$7 | 11.1 bp −$111 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Arcus HYPE-USD | −0.0948% | 1h | 92.818 | +0.139% | $1.1M | $3.9M | 10x | as long as short |
| Hibachi HYPE/USDT-P | −0.0368% | 1h | 92.692 | +0.004% | $194K | $227K | 7x | as long as short |
| Aftermath Perps HYPEUSD | −0.0267% | 1h | 92.787 | +0.106% | $22K | $21K | 10x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 92.865 | +0.190% | $3K | $331 | 25x | as long as short |
| Orderly PERP_HYPE_USDC | −0.0065% | 4h | 92.831 | +0.153% | $157K | $658K | 20x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 92.865 | +0.190% | $127K | $29K | 5x | as long as short |
| 01 Exchange HYPEUSDshort | 0.0000% | 1h | 92.876 | +0.202% | $87K | $361K | 20x | |
| Perpl HYPE | 0.0000% | 43m | 92.825 | +0.147% | $22K | $302K | 10x | as long as short |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0002% | 1h | 92.886 | +0.213% | $62K | — | 150x | as long as short |
| Bullet HYPE-USD | +0.0027% | 1h | 92.815 | +0.136% | $111K | $579K | 20x | as long as short |
Arcus HYPE-USD
Hibachi HYPE/USDT-P
Aftermath Perps HYPEUSD
Hotstuff HYPE-PERP
Orderly PERP_HYPE_USDC
dYdX HYPE-USD
Perpl HYPE
gTrade (Gains Network) HYPE/USD
Bullet HYPE-USDShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex HYPEUSDT | +0.0027% | 8h | 92.851 | +0.175% | $12.5M | $2.7M | 50x | as long as short |
| BingX HYPE-USDT | +0.0036% | 4h | 92.860 | +0.185% | — | $53.5M | — | as long as short |
| Ondo Perps HYPE-USD.P | +0.0037% | 1h | 92.800 | +0.120% | $697K | $1.1M | 10x | as long as short |
| Phoenix HYPE | +0.0043% | 1h | 92.755 | +0.071% | $210K | $1.2M | 10x | as long as short |
| Bybit HYPEUSDT | +0.0045% | 8h | 92.844 | +0.167% | $316.9M | $281.1M | 75x | as long as short |
| Aster HYPEUSDT | +0.0063% | 4h | 92.858 | +0.183% | $8.7M | $36.1M | 300x | as long as short |
| Bitget HYPEUSDT | +0.0090% | 4h | 92.851 | +0.175% | $224.7M | $98.6M | 75x | as long as short |
| edgeX HYPEUSDC | +0.0094% | 4h | 92.749 | +0.065% | $4.9M | $29.6M | 30x | as long as short |
| Paradex HYPE-USD-PERP | +0.0095% | 8h | 92.886 | +0.213% | $339K | $163K | 20x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 92.870 | +0.195% | $16.1M | $62.8M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 92.877 | +0.203% | $3.1M | $11.8M | 20x | as long as short |
| Popdex HYPEUSDT | +0.0096% | 1h | 92.860 | +0.185% | $69K | $1.1M | 50x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0096% | 8h | 92.863 | +0.188% | $113.9M | $303.8M | 50x | as long as short |
| Katana Perps HYPE-USD | +0.0099% | 8h | 92.860 | +0.185% | $38K | $1.7M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 92.859 | +0.184% | $7.5M | $45.6M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 92.892 | +0.219% | $2.02B | $663.2M | 10x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 92.886 | +0.213% | $10.0M | $15.2M | 20x | as long as short |
| Binance HYPEUSDT | +0.0100% | 4h | 92.868 | +0.193% | $373.1M | $901.7M | 75x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 92.800 | +0.120% | $202K | $13K | 10x | as long as short |
| Gate HYPE_USDT | +0.0100% | 4h | 92.851 | +0.175% | $44.5M | $55.4M | 75x | as long as short |
| MEXC HYPE_USDT | +0.0100% | 4h | 92.861 | +0.186% | $88.3M | $81.2M | 100x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 92.862 | +0.187% | $46.1M | $18.4M | 75x | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 92.864 | +0.189% | $7.3M | $11.3M | 20x | as long as short |
| Variational Omni HYPElong | +0.0100% | 8h | 92.689 | long leg | $28.5M | $57.4M | — | |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 92.776 | +0.094% | $7.5M | $46.2M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 92.773 | +0.091% | $350K | $1.0M | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 92.827 | +0.149% | $667K | $2.7M | 20x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 92.856 | +0.181% | — | $243K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 92.870 | +0.196% | $468K | $2.6M | 20x | as long as short |
| Bluefin HYPE-PERP | +0.0100% | 1h | 92.840 | +0.163% | $79K | $168K | 20x | as long as short |
| Derive HYPE-PERP | +0.0100% | 1h | 92.824 | +0.145% | $16.1M | $7.5M | 10x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 92.779 | +0.097% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 92.859 | +0.184% | $2.0M | $2.0M | 10x | as long as short |
| HTX HYPE-USDT | +0.0100% | 4h | 92.950 | +0.282% | $1.4M | $6.3M | 75x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 92.826 | +0.148% | $18.1M | $43.5M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0104% | 1h | 92.857 | +0.181% | $393K | $164K | 20x | as long as short |
| Injective HYPE/USDC PERP | +0.0150% | 1h | 93.000 | +0.336% | $30K | $339K | 12x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0160% | 1h | 92.900 | +0.228% | $4.7M | $5.5M | 50x | as long as short |
| Kalshi KXHYPEPERP | +0.0227% | 8h | 92.832 | +0.155% | $1.8M | $5.4M | 2.3x | as long as short |
| Reya HYPERUSDPERP | +0.0263% | 1h | 92.841 | +0.164% | $79K | $131K | 15x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0331% / S −0.0154% | 1h | 92.857 | +0.182% | $1.4M | — | 100x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0331% | 1h | 92.913 | +0.242% | $20.6M | $30.4M | 50x | as long as short |
| BloFin HYPE-USDT | +0.0340% | 4h | 92.780 | +0.098% | $16.8M | $11.6M | 75x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0385% | 1h | 92.954 | +0.286% | $7.5M | $4.5M | 50x | as long as short |
| RISEx HYPE/USDC | +0.0687% | 1h | 92.920 | +0.249% | $3.2M | $6.4M | 20x | as long as short |
Phemex HYPEUSDT
BingX HYPE-USDT
Ondo Perps HYPE-USD.P
Phoenix HYPE
Bybit HYPEUSDT
Aster HYPEUSDT
Bitget HYPEUSDT
edgeX HYPEUSDC
Paradex HYPE-USD-PERP
Lighter HYPE
Lighter RH HYPE
Popdex HYPEUSDT
OKX HYPE-USDT-SWAP
Katana Perps HYPE-USD
Nado HYPE-PERP
Hyperliquid HYPE
Pacifica HYPE
Binance HYPEUSDT
Bulk HYPE-USD
Gate HYPE_USDT
MEXC HYPE_USDT
KuCoin HYPEUSDTM
Backpack HYPE_USDC_PERP
GRVT HYPE_USDT_Perp
ApeX Omni HYPEUSDT
StandX HYPE-USD
Vest HYPE-PERP
Polymarket Perps HYPE-USD
Bluefin HYPE-PERP
Derive HYPE-PERP
SunX HYPE-USDT
SoDEX HYPE-USD
HTX HYPE-USDT
Extended HYPE-USD
Aevo HYPE-PERP
Injective HYPE/USDC PERP
Coinbase International HYPE-PERP-INTX
Kalshi KXHYPEPERP
Reya HYPERUSDPERP
GMX HYPE/USD [WBTC.b-USDC]
Kraken Futures PF_HYPEUSD
BloFin HYPE-USDT
Deribit HYPE_USDC-PERPETUAL
RISEx HYPE/USDC