Funding you earn now, next payment 22:00 UTC+0.0016%/8h= +1.7% APRpaid last 24h +0.010%
Price spread now: edgeX against Vest−0.012%7-day average +0.007% · 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)+0.131%+$13 on $10k
+Price spread, last 3 days (all we have)−0.044%−$4 · spread now −0.012%, 7d avg +0.007%
=Together, before fees+0.087%+ Points / potential airdropVest: Active · edgeX: Active · farm board+$9 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.007%, so right now this pair is about funding alone: $0 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Vest HYPE-PERP | 93.555 | 0.0100 | pay 0.0013% / 1h | 29m 23s | — | $454K | 5x |
| Short | edgeX HYPEUSDC | 93.544 | 0.0116 | get 0.0058% / 4h | 2h 29m | $5.1M | $29.6M | 30x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- $3.33
- Price spread: −0.012% → +0.007%
- −$1.99
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$9.66
- Costs to cover
- 0.110%
- Break-even
- 27.3 days
Slippage unknown: Vest: no order-book sample; edgeX: 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 edgeX live order book, 5 min ago | 0.32 bp | 4.8 bp −$5 | 5.0 bp −$50 | 148.6 bp −$14.9K | 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 | −0.1064% | 1h | 93.496 | −0.064% | $197K | $233K | 7x | as long as short |
| Aftermath Perps HYPEUSD | −0.0276% | 1h | 93.537 | −0.019% | $22K | $22K | 10x | as long as short |
| Ondo Perps HYPE-USD.P | −0.0248% | 1h | 93.440 | −0.123% | $701K | $939K | 10x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 93.562 | +0.007% | $3K | $331 | 25x | as long as short |
| 01 Exchange HYPEUSD | −0.0072% | 1h | 93.547 | −0.009% | $89K | $347K | 20x | as long as short |
| Bullet HYPE-USD | −0.0033% | 1h | 93.508 | −0.050% | $112K | $583K | 20x | as long as short |
| Derive HYPE-PERP | −0.0007% | 1h | 93.475 | −0.086% | $16.4M | $7.1M | 10x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 93.563 | +0.009% | $127K | $32K | 5x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 93.480 | −0.080% | $23K | $337K | 10x | as long as short |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0001% | 1h | 93.552 | −0.004% | $20K | — | 150x | as long as short |
Show all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster HYPEUSDT | +0.0018% | 4h | 93.497 | −0.063% | $8.9M | $35.8M | 300x | as long as short |
| Gate HYPE_USDT | +0.0024% | 4h | 93.512 | −0.046% | $44.1M | $56.6M | 75x | as long as short |
| Bybit HYPEUSDT | +0.0037% | 8h | 93.504 | −0.055% | $325.7M | $287.1M | 75x | as long as short |
| Orderly PERP_HYPE_USDC | +0.0068% | 4h | 93.516 | −0.042% | $175K | $535K | 20x | as long as short |
| Phoenix HYPE | +0.0068% | 1h | 93.549 | −0.007% | $216K | $1.2M | 10x | as long as short |
| Popdex HYPEUSDT | +0.0072% | 1h | 93.513 | −0.045% | $57K | $1.2M | 50x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 93.543 | −0.013% | $18.5M | $59.5M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 93.522 | −0.036% | $3.1M | $12.3M | 20x | as long as short |
| Paradex HYPE-USD-PERP | +0.0100% | 8h | 93.504 | −0.054% | $340K | $170K | 20x | as long as short |
| Katana Perps HYPE-USD | +0.0100% | 8h | 93.550 | −0.006% | $40K | $1.6M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 93.513 | −0.046% | $6.0M | $44.1M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 93.606 | +0.054% | $2.04B | $669.5M | 10x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 93.513 | −0.045% | $10.0M | $14.4M | 20x | as long as short |
| Binance HYPEUSDT | +0.0100% | 4h | 93.513 | −0.045% | $385.8M | $887.4M | 75x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0100% | 8h | 93.499 | −0.060% | $114.9M | $315.1M | 50x | as long as short |
| Arcus HYPE-USD | +0.0100% | 1h | 93.485 | −0.075% | $1.2M | $4.0M | 10x | as long as short |
| MEXC HYPE_USDT | +0.0100% | 4h | 93.509 | −0.049% | $93.5M | $82.2M | 100x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 93.534 | −0.023% | $46.4M | $18.7M | 75x | as long as short |
| Bitget HYPEUSDT | +0.0100% | 4h | 93.543 | −0.013% | $227.2M | $102.2M | 75x | as long as short |
| BingX HYPE-USDT | +0.0100% | 4h | 93.508 | −0.051% | — | $54.2M | — | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 93.549 | −0.007% | $7.9M | $11.7M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 93.541 | −0.016% | $28.9M | $49.9M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 93.580 | +0.027% | $7.5M | $45.2M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 93.558 | +0.003% | $406K | $1.0M | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 93.602 | +0.050% | $677K | $2.4M | 20x | as long as short |
| Vest HYPE-PERPlong | +0.0100% | 1h | 93.555 | long leg | — | $454K | 5x | |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 93.545 | −0.011% | $494K | $2.6M | 20x | as long as short |
| Bluefin HYPE-PERP | +0.0100% | 1h | 93.530 | −0.027% | $76K | $167K | 20x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 93.558 | +0.003% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 93.513 | −0.045% | $2.0M | $2.0M | 10x | as long as short |
| Phemex HYPEUSDT | +0.0100% | 8h | 93.546 | −0.010% | $12.7M | $2.6M | 50x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 93.556 | +0.001% | $204K | $12K | 10x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 93.502 | −0.057% | $18.4M | $41.1M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0104% | 1h | 93.520 | −0.038% | $398K | $318K | 20x | as long as short |
| edgeX HYPEUSDCshort | +0.0116% | 4h | 93.544 | −0.012% | $5.1M | $29.6M | 30x | |
| Kalshi KXHYPEPERP | +0.0126% | 8h | 93.629 | +0.079% | $1.9M | $5.3M | 2.3x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0188% | 1h | 93.619 | +0.068% | $7.4M | $4.6M | 50x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0208% | 1h | 93.600 | +0.048% | $4.9M | $5.7M | 50x | as long as short |
| Reya HYPERUSDPERP | +0.0245% | 1h | 93.512 | −0.046% | $78K | $158K | 15x | as long as short |
| Injective HYPE/USDC PERP | +0.0285% | 1h | 93.510 | −0.048% | $30K | $291K | 12x | as long as short |
| HTX HYPE-USDT | +0.0333% | 4h | 93.724 | +0.180% | $1.5M | $7.6M | 75x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0339% / S −0.0164% | 1h | 93.554 | −0.001% | $1.4M | — | 100x | as long as short |
| BloFin HYPE-USDT | +0.0340% | 4h | 93.545 | −0.011% | $17.1M | $12.5M | 75x | as long as short |
| RISEx HYPE/USDC | +0.0467% | 1h | 93.581 | +0.027% | $2.7M | $6.8M | 20x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0573% | 1h | 93.631 | +0.081% | $19.2M | $26.0M | 50x | as long as short |
edgeX HYPEUSDC
Aftermath Perps HYPEUSD
01 Exchange HYPEUSD
Bullet HYPE-USD
Derive HYPE-PERP
gTrade (Gains Network) HYPE/USD
Aster HYPEUSDT
Gate HYPE_USDT
Bybit HYPEUSDT
Phoenix HYPE
Popdex HYPEUSDT
Lighter HYPE
Lighter RH HYPE
Paradex HYPE-USD-PERP
Katana Perps HYPE-USD
Hyperliquid HYPE
Pacifica HYPE
Binance HYPEUSDT
OKX HYPE-USDT-SWAP
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
Kalshi KXHYPEPERP
Deribit HYPE_USDC-PERPETUAL
Coinbase International HYPE-PERP-INTX
Injective HYPE/USDC PERP
HTX HYPE-USDT
GMX HYPE/USD [WBTC.b-USDC]
BloFin HYPE-USDT
RISEx HYPE/USDC
Kraken Futures PF_HYPEUSD