Settings8H · net · $10k
Funding arb · Price arb /

HYPE

all HYPE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.002%
Price spread now: KuCoin against Vest−0.034%7-day average −0.007% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.119%+$12 on $10k
Price spread, last 3 days (all we have)−0.197%−$20 · spread now −0.034%, 7d avg −0.007%
Together, before fees−0.078%+ Points / potential airdropVest: Active · farm board−$8 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: KuCoin is 0.027% cheaper against Vest than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.007%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVest HYPE-PERP93.2410.0100pay 0.0013% / 1h20m 02s$454K5x
ShortKuCoin HYPEUSDTM93.2090.0100get 0.0050% / 4h1h 20m$47.0M$18.8M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Vest. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: −0.034% → −0.007%
−$2.74
Slippage, 4 orders
no order book: not counted
Fee Vest: 1 bp × 2 orders
−$2
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$16.74
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: Vest: no order-book sample; KuCoin: live order book, 4 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Vest no order-book sample
Sell KuCoin live order book, 4 min ago1.08 bp12.3 bp −$1216.7 bp −$167doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aftermath Perps HYPEUSD−0.0428%1h93.121−0.128%$22K$22K10xas long as short
Hibachi HYPE/USDT-P−0.0336%1h93.216−0.027%$197K$230K7xas long as short
Arcus HYPE-USD−0.0131%1h93.167−0.079%$1.2M$4.0M10xas long as short
Ondo Perps HYPE-USD.P−0.0127%1h93.140−0.108%$699K$928K10xas long as short
Hotstuff HYPE-PERP−0.0080%1h93.236−0.005%$3K$33125xas long as short
01 Exchange HYPEUSD−0.0032%1h93.227−0.015%$90K$361K20xas long as short
Popdex HYPEUSDT−0.0008%1h93.209−0.034%$58K$1.2M50xas long as short
dYdX HYPE-USD0.0000%1h93.276+0.038%$127K$32K5xas long as short
Perpl HYPE0.0000%43m93.248+0.008%$23K$331K10xas long as short
Aster HYPEUSDT0.0000%4h93.221−0.021%$8.9M$35.9M300xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) HYPE/USDL +0.0002% / S −0.0001%1h93.231−0.010%$20K150xas long as short
Bybit HYPEUSDT+0.0021%8h93.177−0.068%$323.0M$287.1M75xas long as short
Orderly PERP_HYPE_USDC+0.0022%4h93.212−0.031%$172K$518K20xas long as short
Derive HYPE-PERP+0.0029%1h93.144−0.103%$16.3M$7.1M10xas long as short
Phoenix HYPE+0.0034%1h93.030−0.226%$214K$1.2M10xas long as short
Bullet HYPE-USD+0.0052%1h93.186−0.059%$112K$580K20xas long as short
Gate HYPE_USDT+0.0054%4h93.192−0.052%$43.9M$58.6M75xas long as short
MEXC HYPE_USDT+0.0064%4h93.184−0.061%$90.3M$82.2M100xas long as short
Binance HYPEUSDT+0.0067%4h93.183−0.062%$381.6M$895.6M75xas long as short
edgeX HYPEUSDC+0.0074%4h92.953−0.308%$5.0M$29.6M30xas long as short
Lighter HYPE+0.0096%1h93.248+0.007%$18.6M$59.0M20xas long as short
Lighter RH HYPE+0.0096%1h93.228−0.014%$3.1M$12.2M20xas long as short
Aevo HYPE-PERP+0.0096%1h93.187−0.057%$396K$318K20xas long as short
Paradex HYPE-USD-PERP+0.0099%8h93.246+0.006%$339K$170K20xas long as short
Katana Perps HYPE-USD+0.0100%8h93.210−0.033%$35K$1.6M10xas long as short
Nado HYPE-PERP+0.0100%1h93.221−0.022%$5.9M$44.1M10xas long as short
Hyperliquid HYPE+0.0100%1h93.231−0.010%$2.03B$669.1M10xas long as short
Pacifica HYPE+0.0100%1h93.261+0.022%$10.0M$14.3M20xas long as short
OKX HYPE-USDT-SWAP+0.0100%8h93.189−0.055%$113.8M$314.4M50xas long as short
Bulk HYPE-USD+0.0100%1h93.232−0.009%$204K$8K10xas long as short
KuCoin HYPEUSDTMshort+0.0100%4h93.209−0.034%$47.0M$18.8M75x
Bitget HYPEUSDT+0.0100%4h93.199−0.045%$225.9M$103.1M75xas long as short
BingX HYPE-USDT+0.0100%4h93.189−0.055%$53.9Mas long as short
Backpack HYPE_USDC_PERP+0.0100%1h93.203−0.040%$7.8M$11.1M20xas long as short
Variational Omni HYPE+0.0100%8h93.153−0.094%$29.0M$50.6Mas long as short
GRVT HYPE_USDT_Perp+0.0100%4h93.008−0.249%$7.5M$45.9M10xas long as short
ApeX Omni HYPEUSDT+0.0100%1h93.016−0.241%$414K$1.0M50xas long as short
StandX HYPE-USD+0.0100%1h93.100−0.151%$673K$2.5M20xas long as short
Vest HYPE-PERPlong+0.0100%1h93.241long leg$454K5x
Polymarket Perps HYPE-USD+0.0100%1h93.240−0.001%$493K$2.5M20xas long as short
Bluefin HYPE-PERP+0.0100%1h93.182−0.063%$76K$167K20xas long as short
SunX HYPE-USDT+0.0100%4h93.238−0.003%$32K$1.6M20xas long as short
SoDEX HYPE-USD+0.0100%1h93.175−0.070%$2.0M$2.0M10xas long as short
Phemex HYPEUSDT+0.0100%8h93.170−0.076%$12.7M$2.6M50xas long as short
Extended HYPE-USD+0.0104%1h93.156−0.090%$18.2M$42.0M50xas long as short
Kalshi KXHYPEPERP+0.0113%8h93.301+0.065%$1.9M$5.3M2.3xas long as short
Coinbase International HYPE-PERP-INTX+0.0176%1h93.220−0.022%$4.9M$5.7M50xas long as short
Injective HYPE/USDC PERP+0.0239%1h93.320+0.085%$30K$338K12xas long as short
HTX HYPE-USDT+0.0239%4h93.374+0.143%$1.5M$7.7M75xas long as short
Reya HYPERUSDPERP+0.0247%1h93.194−0.050%$77K$159K15xas long as short
BloFin HYPE-USDT+0.0257%4h93.255+0.015%$16.9M$12.5M75xas long as short
RISEx HYPE/USDC+0.0280%1h93.291+0.055%$2.7M$6.8M20xas long as short
GMX HYPE/USD [WBTC.b-USDC]L +0.0339% / S −0.0158%1h93.226−0.015%$1.5M100xas long as short
Deribit HYPE_USDC-PERPETUAL+0.0340%1h93.287+0.050%$7.4M$4.6M50xas long as short
Kraken Futures PF_HYPEUSD+0.0466%1h93.289+0.052%$20.9M$29.0M50xas long as short