Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.056%
Price spread now: Hyperliquid against Vest+0.029%7-day average +0.049% · 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)+0.179%+$18 on $10k
+Price spread, last 3 days (all we have)−0.147%−$15 · spread now +0.029%, 7d avg +0.049%
=Together, before fees+0.032%+ Points / potential airdropVest: Active · Hyperliquid: Season 2 · farm board+$3 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Hyperliquid is 0.020% cheaper against Vest than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.049%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Vest HYPE-PERP | 93.847 | 0.0100 | pay 0.0013% / 1h | 19m 30s | — | $243K | 5x |
| Short | Hyperliquid HYPE | 93.874 | 0.0100 | get 0.0013% / 1h | 19m 30s | $2.05B | $673.6M | 10x |
Vest HYPE-PERP
Hyperliquid HYPEFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid 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
- $0
- Price spread: +0.029% → +0.049%
- −$2.04
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$13.04
- Costs to cover
- 0.110%
- Break-even
- never at this rate
Slippage unknown: Vest: no order-book sample; Hyperliquid: 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 Hyperliquid live order book, 5 min ago | 0.05 bp | 4.9 bp −$5 | 5.0 bp −$50 | doesn't fit | 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 | −0.1312% | 1h | 93.756 | −0.097% | $198K | $228K | 7x | as long as short |
| Arcus HYPE-USD | −0.0625% | 1h | 93.675 | −0.183% | $1.2M | $3.8M | 10x | as long as short |
| Aftermath Perps HYPEUSD | −0.0194% | 1h | 94.033 | +0.199% | $22K | $21K | 10x | as long as short |
| Ondo Perps HYPE-USD.P | −0.0153% | 1h | 93.910 | +0.067% | $710K | $959K | 10x | as long as short |
| dYdX HYPE-USD | −0.0111% | 1h | 93.863 | +0.017% | $129K | $31K | 5x | as long as short |
| Bullet HYPE-USD | −0.0100% | 1h | 93.644 | −0.216% | $112K | $581K | 20x | as long as short |
| 01 Exchange HYPEUSD | −0.0088% | 1h | 93.769 | −0.083% | $86K | $360K | 20x | as long as short |
| Gate HYPE_USDT | −0.0082% | 4h | 93.641 | −0.219% | $44.4M | $60.0M | 75x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 93.782 | −0.069% | $3K | $331 | 25x | as long as short |
| Bybit HYPEUSDT | −0.0029% | 8h | 93.630 | −0.231% | $321.7M | $280.2M | 75x | as long as short |
Hibachi HYPE/USDT-P
Arcus HYPE-USD
Aftermath Perps HYPEUSD
Ondo Perps HYPE-USD.P
dYdX HYPE-USD
Bullet HYPE-USD
01 Exchange HYPEUSD
Gate HYPE_USDT
Hotstuff HYPE-PERP
Bybit HYPEUSDTShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_HYPE_USDC | −0.0025% | 4h | 93.609 | −0.253% | $159K | $645K | 20x | as long as short |
| Phemex HYPEUSDT | −0.0008% | 8h | 93.884 | +0.040% | $12.8M | $2.6M | 50x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 93.769 | −0.083% | $23K | $326K | 10x | as long as short |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0003% | 1h | 93.683 | −0.174% | $27K | — | 150x | as long as short |
| Aster HYPEUSDT | +0.0007% | 4h | 93.743 | −0.111% | $8.9M | $36.1M | 300x | as long as short |
| Derive HYPE-PERP | +0.0017% | 1h | 93.782 | −0.069% | $16.4M | $7.3M | 10x | as long as short |
| Phoenix HYPE | +0.0034% | 1h | 94.149 | +0.322% | $219K | $1.2M | 10x | as long as short |
| Binance HYPEUSDT | +0.0045% | 4h | 93.700 | −0.157% | $382.2M | $893.2M | 75x | as long as short |
| MEXC HYPE_USDT | +0.0048% | 4h | 93.755 | −0.098% | $88.3M | $83.0M | 100x | as long as short |
| edgeX HYPEUSDC | +0.0057% | 4h | 93.961 | +0.122% | $5.1M | $30.0M | 30x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0074% | 8h | 93.629 | −0.232% | $115.7M | $316.3M | 50x | as long as short |
| Bluefin HYPE-PERP | +0.0089% | 1h | 93.812 | −0.037% | $76K | $171K | 20x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 93.802 | −0.048% | $19.1M | $60.0M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 93.796 | −0.054% | $3.0M | $12.1M | 20x | as long as short |
| Popdex HYPEUSDT | +0.0096% | 1h | 93.793 | −0.057% | $64K | $1.2M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0096% | 1h | 93.798 | −0.052% | $399K | $180K | 20x | as long as short |
| Paradex HYPE-USD-PERP | +0.0099% | 8h | 93.794 | −0.056% | $341K | $165K | 20x | as long as short |
| Katana Perps HYPE-USD | +0.0100% | 8h | 93.800 | −0.050% | $20K | $1.6M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 93.757 | −0.096% | $6.6M | $44.8M | 10x | as long as short |
| Hyperliquid HYPEshort | +0.0100% | 1h | 93.874 | +0.029% | $2.05B | $673.6M | 10x | |
| Pacifica HYPE | +0.0100% | 1h | 93.786 | −0.065% | $10.2M | $14.6M | 20x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 93.799 | −0.051% | $46.7M | $18.3M | 75x | as long as short |
| Bitget HYPEUSDT | +0.0100% | 4h | 93.792 | −0.058% | $227.4M | $100.9M | 75x | as long as short |
| BingX HYPE-USDT | +0.0100% | 4h | 93.648 | −0.212% | — | $54.0M | — | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 93.832 | −0.016% | $7.7M | $10.4M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 93.939 | +0.099% | $31.4M | $54.1M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 93.991 | +0.154% | $7.6M | $46.1M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 93.940 | +0.099% | $340K | $1.1M | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 93.838 | −0.009% | $679K | $2.6M | 20x | as long as short |
| Vest HYPE-PERPlong | +0.0100% | 1h | 93.847 | long leg | — | $243K | 5x | |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 93.793 | −0.057% | $480K | $2.5M | 20x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 93.880 | +0.035% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 93.839 | −0.008% | $2.0M | $2.0M | 10x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 94.151 | +0.324% | $205K | $2K | 10x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 93.749 | −0.105% | $18.8M | $44.5M | 50x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0144% | 1h | 93.870 | +0.025% | $4.9M | $5.5M | 50x | as long as short |
| BloFin HYPE-USDT | +0.0192% | 4h | 93.962 | +0.123% | $17.0M | $12.2M | 75x | as long as short |
| Injective HYPE/USDC PERP | +0.0205% | 1h | 94.490 | +0.685% | $31K | $338K | 12x | as long as short |
| RISEx HYPE/USDC | +0.0222% | 1h | 93.822 | −0.026% | $2.7M | $6.8M | 20x | as long as short |
| Kalshi KXHYPEPERP | +0.0227% | 8h | 93.905 | +0.062% | $1.9M | $5.1M | 2.3x | as long as short |
| Reya HYPERUSDPERP | +0.0252% | 1h | 93.754 | −0.099% | $79K | $142K | 15x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0333% / S −0.0155% | 1h | 93.855 | +0.008% | $1.4M | — | 100x | as long as short |
| HTX HYPE-USDT | +0.0385% | 4h | 93.958 | +0.118% | $1.5M | $6.1M | 75x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0453% | 1h | 93.937 | +0.096% | $7.5M | $4.6M | 50x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0672% | 1h | 93.935 | +0.094% | $21.0M | $29.7M | 50x | as long as short |
Orderly PERP_HYPE_USDC
Phemex HYPEUSDT
Perpl HYPE
gTrade (Gains Network) HYPE/USD
Aster HYPEUSDT
Derive HYPE-PERP
Phoenix HYPE
Binance HYPEUSDT
MEXC HYPE_USDT
edgeX HYPEUSDC
OKX HYPE-USDT-SWAP
Bluefin HYPE-PERP
Lighter HYPE
Lighter RH HYPE
Popdex HYPEUSDT
Aevo HYPE-PERP
Paradex HYPE-USD-PERP
Katana Perps HYPE-USD
Nado HYPE-PERP
Pacifica HYPE
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
SunX HYPE-USDT
SoDEX HYPE-USD
Bulk 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
Deribit HYPE_USDC-PERPETUAL
Kraken Futures PF_HYPEUSD