Funding you earn now, next payment 02:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Popdex against Vest−0.014%55s7-day average +0.005% · 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)+0.117%+$12 on $10k
+Price spread, last 4 days (all we have)−1.000%−$100 · spread now −0.014%, 7d avg +0.005%
=Together, before fees−0.884%+ Points / potential airdropVest: Active · farm board−$88 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Vest HYPE-PERP | 93.901 | 0.0100 | pay 0.0013% / 1h | 22m 38s | — | $243K | 5x |
| Short | Popdex HYPEUSDT | 93.887 | 0.0096 | get 0.0012% / 1h | 22m 38s | $67K | $1.2M | 50x |
Vest HYPE-PERP
Popdex HYPEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Popdex 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
- −$0.84
- Price spread: −0.014% → +0.005%
- −$1.98
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee Popdex: 3.2 bp × 2 orders
- −$6.4
- Net
- −$11.22
- Costs to cover
- 0.084%
- Break-even
- never at this rate
Slippage unknown: Vest: no order-book sample; Popdex: live order book, 2 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 Popdex live order book, 2 min ago | 0.11 bp | 3.3 bp −$3 | 3.9 bp −$39 | 25.6 bp −$2,555 | 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 54 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 | −0.1000% | 1h | 93.698 | −0.216% | $197K | $229K | 7x | as long as short |
| Arcus HYPE-USD | −0.0786% | 1h | 93.765 | −0.144% | $1.2M | $3.8M | 10x | as long as short |
| Phemex HYPEUSDT | −0.0138% | 8h | 93.853 | −0.051% | $12.7M | $2.7M | 50x | as long as short |
| Aftermath Perps HYPEUSD | −0.0129% | 1h | 93.810 | −0.097% | $22K | $21K | 10x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 93.875 | −0.027% | $3K | $331 | 25x | as long as short |
| Ondo Perps HYPE-USD.P | −0.0076% | 1h | 93.850 | −0.054% | $703K | $924K | 10x | as long as short |
| Orderly PERP_HYPE_USDC | −0.0056% | 4h | 93.787 | −0.121% | $156K | $646K | 20x | as long as short |
| 01 Exchange HYPEUSD | −0.0048% | 1h | 93.912 | +0.012% | $85K | $350K | 20x | as long as short |
| Backpack HYPE_USDC_PERP | −0.0035% | 1h | 93.796 | −0.111% | $7.8M | $10.3M | 20x | as long as short |
| Gate HYPE_USDT | −0.0028% | 4h | 93.889 | −0.012% | $44.5M | $55.1M | 75x | as long as short |
Hibachi HYPE/USDT-P
Arcus HYPE-USD
Phemex HYPEUSDT
Aftermath Perps HYPEUSD
Hotstuff HYPE-PERP
Ondo Perps HYPE-USD.P
Orderly PERP_HYPE_USDC
01 Exchange HYPEUSD
Backpack HYPE_USDC_PERP
Gate HYPE_USDTShow all 54 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX HYPE-USDT | −0.0002% | 4h | 93.884 | −0.018% | — | $53.6M | — | as long as short |
| Aster HYPEUSDT | −0.0002% | 4h | 93.885 | −0.017% | $8.9M | $35.8M | 300x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 93.844 | −0.060% | $129K | $31K | 5x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 93.859 | −0.045% | $22K | $326K | 10x | as long as short |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0003% | 1h | 93.822 | −0.084% | $26K | — | 150x | as long as short |
| Bybit HYPEUSDT | +0.0003% | 8h | 93.890 | −0.011% | $322.4M | $281.0M | 75x | as long as short |
| Phoenix HYPE | +0.0060% | 1h | 93.922 | +0.023% | $213K | $1.2M | 10x | as long as short |
| MEXC HYPE_USDT | +0.0068% | 4h | 93.895 | −0.006% | $87.9M | $82.9M | 100x | as long as short |
| Binance HYPEUSDT | +0.0069% | 4h | 93.903 | +0.003% | $382.2M | $891.5M | 75x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0069% | 8h | 93.875 | −0.027% | $115.4M | $308.4M | 50x | as long as short |
| Bullet HYPE-USD | +0.0074% | 1h | 93.819 | −0.087% | $112K | $577K | 20x | as long as short |
| edgeX HYPEUSDC | +0.0079% | 4h | 93.907 | +0.006% | $5.1M | $29.9M | 30x | as long as short |
| Paradex HYPE-USD-PERP | +0.0095% | 8h | 93.934 | +0.035% | $341K | $164K | 20x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 93.912 | +0.012% | $16.4M | $62.6M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 93.909 | +0.009% | $3.1M | $11.9M | 20x | as long as short |
| Popdex HYPEUSDTshort | +0.0096% | 1h | 93.887 | −0.014% | $67K | $1.2M | 50x | |
| Aevo HYPE-PERP | +0.0096% | 1h | 93.812 | −0.094% | $399K | $175K | 20x | as long as short |
| Katana Perps HYPE-USD | +0.0100% | 8h | 93.890 | −0.011% | $21K | $1.6M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 93.876 | −0.026% | $5.8M | $44.8M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 93.987 | +0.092% | $2.05B | $665.6M | 10x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 93.917 | +0.017% | $10.1M | $14.7M | 20x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 93.919 | +0.020% | $46.5M | $18.0M | 75x | as long as short |
| Bitget HYPEUSDT | +0.0100% | 4h | 93.893 | −0.008% | $227.5M | $98.4M | 75x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 93.910 | +0.009% | $31.1M | $54.7M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 93.947 | +0.049% | $7.6M | $47.2M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 93.891 | −0.010% | $339K | $1.0M | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 93.836 | −0.069% | $670K | $2.6M | 20x | as long as short |
| Vest HYPE-PERPlong | +0.0100% | 1h | 93.901 | long leg | — | $243K | 5x | |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 93.868 | −0.035% | $474K | $2.4M | 20x | as long as short |
| Bluefin HYPE-PERP | +0.0100% | 1h | 93.774 | −0.135% | $79K | $171K | 20x | as long as short |
| Derive HYPE-PERP | +0.0100% | 1h | 93.787 | −0.121% | $16.3M | $7.7M | 10x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 93.947 | +0.049% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 93.798 | −0.109% | $2.0M | $1.9M | 10x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 93.880 | −0.022% | $204K | $10K | 10x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 93.848 | −0.056% | $18.3M | $44.2M | 50x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0136% | 1h | 93.920 | +0.021% | $4.9M | $5.5M | 50x | as long as short |
| Injective HYPE/USDC PERP | +0.0137% | 1h | 93.800 | −0.107% | $30K | $339K | 12x | as long as short |
| HTX HYPE-USDT | +0.0205% | 4h | 93.976 | +0.080% | $1.4M | $5.9M | 75x | as long as short |
| RISEx HYPE/USDC | +0.0210% | 1h | 93.962 | +0.066% | $3.2M | $7.0M | 20x | as long as short |
| Reya HYPERUSDPERP | +0.0255% | 1h | 93.820 | −0.086% | $80K | $140K | 15x | as long as short |
| Kalshi KXHYPEPERP | +0.0276% | 8h | 93.905 | +0.005% | $1.9M | $4.9M | 2.3x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0332% / S −0.0156% | 1h | 93.836 | −0.069% | $1.4M | — | 100x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0389% | 1h | 93.897 | −0.004% | $7.5M | $4.5M | 50x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0679% | 1h | 93.902 | +0.001% | $21.0M | $29.8M | 50x | as long as short |
BingX HYPE-USDT
Aster HYPEUSDT
dYdX HYPE-USD
Perpl HYPE
gTrade (Gains Network) HYPE/USD
Bybit HYPEUSDT
Phoenix HYPE
MEXC HYPE_USDT
Binance HYPEUSDT
OKX HYPE-USDT-SWAP
Bullet HYPE-USD
edgeX HYPEUSDC
Paradex HYPE-USD-PERP
Lighter HYPE
Lighter RH HYPE
Aevo HYPE-PERP
Katana Perps HYPE-USD
Nado HYPE-PERP
Hyperliquid HYPE
Pacifica HYPE
KuCoin HYPEUSDTM
Bitget HYPEUSDT
Variational Omni HYPE
GRVT HYPE_USDT_Perp
ApeX Omni HYPEUSDT
StandX HYPE-USD
Polymarket Perps HYPE-USD
Bluefin HYPE-PERP
Derive HYPE-PERP
SunX HYPE-USDT
SoDEX HYPE-USD
Bulk HYPE-USD
Extended HYPE-USD
Coinbase International HYPE-PERP-INTX
Injective HYPE/USDC PERP
HTX HYPE-USDT
RISEx HYPE/USDC
Reya HYPERUSDPERP
Kalshi KXHYPEPERP
GMX HYPE/USD [WBTC.b-USDC]
Deribit HYPE_USDC-PERPETUAL
Kraken Futures PF_HYPEUSD