Funding you earn now, next payment 22:00 UTC+0.0240%/8h= +26.3% APRpaid last 24h +0.079%
Price spread now: BloFin against Vest−0.064%7-day average +0.021% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.349%+$35 on $10k
+Price spread, last 3 days (all we have)−0.029%−$3 · spread now −0.064%, 7d avg +0.021%
=Together, before fees+0.321%+ Points / potential airdropVest: Active · farm board+$32 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.085% cheaper against Vest than usual: you would sell low and buy high (spread −0.064% now, against its 7-day average of +0.021%). If the spread goes back, that is −$8 on $10k: about 28 hours of funding at the current rate (+$7 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Vest HYPE-PERP | 93.751 | 0.0100 | pay 0.0013% / 1h | 23m 49s | — | $454K | 5x |
| Short | BloFin HYPE-USDT | 93.691 | 0.0340 | get 0.0170% / 4h | 2h 23m | $17.1M | $12.5M | 75x |
Vest HYPE-PERP
BloFin HYPE-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Vest. 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
- $50.4
- Price spread: −0.064% → +0.021%
- −$8.46
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $27.94
- Costs to cover
- 0.140%
- Break-even
- 3.1 days
Slippage unknown: Vest: no order-book sample; BloFin: live order book, 5 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 Vest no order-book sample | — | — | — | — | — |
| Sell BloFin live order book, 5 min ago | 0.05 bp | 6.1 bp −$6 | 7.9 bp −$79 | 15.6 bp −$1,561 | doesn't fit |
Vest: 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 | −0.1008% | 1h | 93.638 | −0.121% | $198K | $233K | 7x | as long as short |
| Aftermath Perps HYPEUSD | −0.0297% | 1h | 93.630 | −0.129% | $22K | $22K | 10x | as long as short |
| Ondo Perps HYPE-USD.P | −0.0236% | 1h | 93.630 | −0.129% | $702K | $935K | 10x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 93.719 | −0.034% | $3K | $331 | 25x | as long as short |
| 01 Exchange HYPEUSD | −0.0064% | 1h | 93.745 | −0.006% | $90K | $349K | 20x | as long as short |
| Bullet HYPE-USD | −0.0027% | 1h | 93.725 | −0.028% | $112K | $583K | 20x | as long as short |
| Derive HYPE-PERP | −0.0009% | 1h | 93.678 | −0.077% | $16.5M | $7.0M | 10x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 93.721 | −0.032% | $128K | $32K | 5x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 93.725 | −0.028% | $23K | $337K | 10x | as long as short |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0001% | 1h | 93.760 | +0.009% | $20K | — | 150x | as long as short |
Hibachi HYPE/USDT-P
Aftermath Perps HYPEUSD
Ondo Perps HYPE-USD.P
Hotstuff HYPE-PERP
01 Exchange HYPEUSD
Bullet HYPE-USD
Derive HYPE-PERP
dYdX HYPE-USD
Perpl HYPE
gTrade (Gains Network) HYPE/USDShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster HYPEUSDT | +0.0027% | 4h | 93.730 | −0.022% | $9.0M | $35.8M | 300x | as long as short |
| Gate HYPE_USDT | +0.0036% | 4h | 93.717 | −0.036% | $44.1M | $57.0M | 75x | as long as short |
| Bybit HYPEUSDT | +0.0037% | 8h | 93.694 | −0.061% | $326.3M | $287.0M | 75x | as long as short |
| Orderly PERP_HYPE_USDC | +0.0064% | 4h | 93.713 | −0.040% | $175K | $536K | 20x | as long as short |
| Phoenix HYPE | +0.0068% | 1h | 93.742 | −0.009% | $216K | $1.2M | 10x | as long as short |
| Popdex HYPEUSDT | +0.0072% | 1h | 93.706 | −0.048% | $57K | $1.2M | 50x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 93.763 | +0.013% | $18.6M | $59.6M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 93.744 | −0.007% | $3.1M | $12.4M | 20x | as long as short |
| Paradex HYPE-USD-PERP | +0.0100% | 8h | 93.751 | 0.000% | $341K | $170K | 20x | as long as short |
| Katana Perps HYPE-USD | +0.0100% | 8h | 93.710 | −0.044% | $40K | $1.6M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 93.707 | −0.047% | $6.0M | $44.1M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 93.790 | +0.042% | $2.04B | $669.4M | 10x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 93.746 | −0.005% | $10.0M | $14.4M | 20x | as long as short |
| Binance HYPEUSDT | +0.0100% | 4h | 93.708 | −0.046% | $386.6M | $888.1M | 75x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0100% | 8h | 93.687 | −0.068% | $115.1M | $315.9M | 50x | as long as short |
| Arcus HYPE-USD | +0.0100% | 1h | 93.694 | −0.061% | $1.2M | $4.0M | 10x | as long as short |
| MEXC HYPE_USDT | +0.0100% | 4h | 93.715 | −0.038% | $93.8M | $82.3M | 100x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 93.726 | −0.026% | $46.5M | $18.7M | 75x | as long as short |
| Bitget HYPEUSDT | +0.0100% | 4h | 93.707 | −0.047% | $227.5M | $102.2M | 75x | as long as short |
| BingX HYPE-USDT | +0.0100% | 4h | 93.692 | −0.063% | — | $54.2M | — | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 93.747 | −0.004% | $7.9M | $11.7M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 93.652 | −0.106% | $29.0M | $50.0M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 93.613 | −0.147% | $7.5M | $45.2M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 93.545 | −0.220% | $406K | $1.0M | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 93.686 | −0.069% | $677K | $2.4M | 20x | as long as short |
| Vest HYPE-PERPlong | +0.0100% | 1h | 93.751 | long leg | — | $454K | 5x | |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 93.751 | 0.000% | $495K | $2.6M | 20x | as long as short |
| Bluefin HYPE-PERP | +0.0100% | 1h | 93.729 | −0.023% | $76K | $168K | 20x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 93.761 | +0.011% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 93.715 | −0.038% | $2.0M | $2.0M | 10x | as long as short |
| Phemex HYPEUSDT | +0.0100% | 8h | 93.689 | −0.066% | $12.8M | $2.6M | 50x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 93.556 | −0.207% | $204K | $12K | 10x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 93.698 | −0.056% | $18.3M | $41.2M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0104% | 1h | 93.712 | −0.041% | $399K | $318K | 20x | as long as short |
| edgeX HYPEUSDC | +0.0105% | 4h | 93.554 | −0.210% | $5.1M | $29.5M | 30x | as long as short |
| Kalshi KXHYPEPERP | +0.0135% | 8h | 93.806 | +0.059% | $1.9M | $5.3M | 2.3x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0166% | 1h | 93.826 | +0.080% | $7.4M | $4.6M | 50x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0208% | 1h | 93.760 | +0.010% | $4.9M | $5.7M | 50x | as long as short |
| Reya HYPERUSDPERP | +0.0245% | 1h | 93.717 | −0.036% | $78K | $158K | 15x | as long as short |
| Injective HYPE/USDC PERP | +0.0285% | 1h | 93.610 | −0.150% | $30K | $291K | 12x | as long as short |
| HTX HYPE-USDT | +0.0313% | 4h | 93.884 | +0.142% | $1.5M | $7.6M | 75x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0339% / S −0.0164% | 1h | 93.755 | +0.004% | $1.4M | — | 100x | as long as short |
| BloFin HYPE-USDTshort | +0.0340% | 4h | 93.691 | −0.064% | $17.1M | $12.5M | 75x | |
| RISEx HYPE/USDC | +0.0467% | 1h | 93.787 | +0.038% | $2.8M | $6.8M | 20x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0572% | 1h | 93.807 | +0.060% | $19.2M | $26.0M | 50x | as long as short |
Aster HYPEUSDT
Gate HYPE_USDT
Bybit HYPEUSDT
Orderly PERP_HYPE_USDC
Phoenix HYPE
Popdex HYPEUSDT
Lighter HYPE
Lighter RH HYPE
Paradex HYPE-USD-PERP
Katana Perps HYPE-USD
Nado HYPE-PERP
Hyperliquid HYPE
Pacifica HYPE
Binance HYPEUSDT
OKX HYPE-USDT-SWAP
Arcus HYPE-USD
MEXC HYPE_USDT
KuCoin HYPEUSDTM
Bitget HYPEUSDT
BingX HYPE-USDT
Backpack HYPE_USDC_PERP
Variational Omni HYPE
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
Bulk HYPE-USD
Extended HYPE-USD
Aevo HYPE-PERP
edgeX HYPEUSDC
Kalshi KXHYPEPERP
Deribit HYPE_USDC-PERPETUAL
Coinbase International HYPE-PERP-INTX
Reya HYPERUSDPERP
Injective HYPE/USDC PERP
HTX HYPE-USDT
GMX HYPE/USD [WBTC.b-USDC]
RISEx HYPE/USDC
Kraken Futures PF_HYPEUSD