HYPE

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0152%/8h= +16.6% APRnext payment +$0.19 per $10,000 · paid last 24h +0.029%

Price spread now: Aevo against 01 Exchange+0.036%7-day average −0.026% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$40as in the Price arb table

costs, in and out, $10k−$460.460% of the position

Long on 01 Exchange Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.040%+$4 on $10k

Price spread, last 3 days (all we have)−0.108%−$11 · spread now +0.036%, 7d avg −0.026%

Together, before fees−0.068%−$7 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Aevo is 0.062% dearer against 01 Exchange than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.026%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	01 Exchange HYPEUSD	93.787	−0.0056	get 0.0007% / 1h	30m 25s	$86K	$351K	20x
Short	Aevo HYPE-PERP	93.820	0.0096	get 0.0012% / 1h	30m 25s	$399K	$177K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against 01 Exchange. 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

Position, each leg$Hold fordaysFee 01 ExchangebpFee AevobpOrdersPrice spread, now +0.036%Rate

Funding earned: $31.92
Price spread: +0.036% → −0.026%: $6.17
Slippage, 4 orders: −$23.03
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$7.95
Costs to cover: 0.460%
Break-even: 8.7 days

Slippage from 01 Exchange: live order book, 39 min ago; Aevo: live order book, 39 min ago.

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 01 Exchange live order book, 39 min ago	0.16 bp	7.0 bp −$7	11.4 bp −$114	doesn't fit	doesn't fit
Sell Aevo live order book, 39 min ago	7.76 bp	15.8 bp −$16	15.8 bp −$158	26.5 bp −$2,654	doesn't fit

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	−0.0888%	1h	93.597	−0.202%	$197K	$229K	7x	as long as short
Arcus HYPE-USD	−0.0786%	1h	93.607	−0.192%	$1.2M	$3.8M	10x	as long as short
Aftermath Perps HYPEUSD	−0.0162%	1h	93.512	−0.294%	$22K	$21K	10x	as long as short
Phemex HYPEUSDT	−0.0112%	8h	93.655	−0.141%	$12.7M	$2.7M	50x	as long as short
Ondo Perps HYPE-USD.P	−0.0086%	1h	93.600	−0.199%	$701K	$987K	10x	as long as short
Hotstuff HYPE-PERP	−0.0080%	1h	93.716	−0.076%	$3K	$331	25x	as long as short
Orderly PERP_HYPE_USDC	−0.0057%	4h	93.781	−0.006%	$156K	$650K	20x	as long as short
01 Exchange HYPEUSDlong	−0.0056%	1h	93.787	long leg	$86K	$351K	20x
Backpack HYPE_USDC_PERP	−0.0052%	1h	93.636	−0.161%	$7.8M	$10.3M	20x	as long as short
Gate HYPE_USDT	−0.0044%	4h	93.797	+0.011%	$44.5M	$54.7M	75x	as long as short

Show all 54 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster HYPEUSDT	−0.0014%	4h	93.737	−0.053%	$8.9M	$36.0M	300x	as long as short
dYdX HYPE-USD	0.0000%	1h	93.699	−0.094%	$128K	$31K	5x	as long as short
Perpl HYPE	0.0000%	43m	93.716	−0.076%	$22K	$331K	10x	as long as short
gTrade (Gains Network) HYPE/USD	L +0.0002% / S −0.0003%	1h	93.800	+0.014%	$26K	—	150x	as long as short
Bybit HYPEUSDT	+0.0006%	8h	93.790	+0.003%	$322.2M	$282.7M	75x	as long as short
BingX HYPE-USDT	+0.0006%	4h	93.799	+0.013%	—	$53.9M	—	as long as short
Bullet HYPE-USD	+0.0054%	1h	93.763	−0.026%	$112K	$578K	20x	as long as short
MEXC HYPE_USDT	+0.0054%	4h	93.767	−0.021%	$88.2M	$82.7M	100x	as long as short
edgeX HYPEUSDC	+0.0059%	4h	93.458	−0.351%	$5.1M	$30.0M	30x	as long as short
Binance HYPEUSDT	+0.0060%	4h	93.787	0.000%	$381.5M	$898.3M	75x	as long as short
Phoenix HYPE	+0.0060%	1h	93.705	−0.087%	$211K	$1.2M	10x	as long as short
OKX HYPE-USDT-SWAP	+0.0066%	8h	93.806	+0.020%	$115.3M	$310.5M	50x	as long as short
Derive HYPE-PERP	+0.0079%	1h	93.765	−0.023%	$16.3M	$7.7M	10x	as long as short
Paradex HYPE-USD-PERP	+0.0095%	8h	93.804	+0.018%	$341K	$164K	20x	as long as short
Lighter HYPE	+0.0096%	1h	93.714	−0.078%	$16.4M	$62.4M	20x	as long as short
Lighter RH HYPE	+0.0096%	1h	93.712	−0.080%	$3.1M	$11.9M	20x	as long as short
Popdex HYPEUSDT	+0.0096%	1h	93.755	−0.034%	$66K	$1.2M	50x	as long as short
Aevo HYPE-PERPshort	+0.0096%	1h	93.820	+0.036%	$399K	$177K	20x
Katana Perps HYPE-USD	+0.0100%	8h	93.730	−0.061%	$21K	$1.6M	10x	as long as short
Nado HYPE-PERP	+0.0100%	1h	93.725	−0.067%	$5.7M	$45.2M	10x	as long as short
Hyperliquid HYPE	+0.0100%	1h	93.857	+0.075%	$2.05B	$670.5M	10x	as long as short
Pacifica HYPE	+0.0100%	1h	93.745	−0.045%	$10.1M	$14.8M	20x	as long as short
KuCoin HYPEUSDTM	+0.0100%	4h	93.760	−0.029%	$46.2M	$18.3M	75x	as long as short
Bitget HYPEUSDT	+0.0100%	4h	93.815	+0.030%	$227.0M	$99.5M	75x	as long as short
Variational Omni HYPE	+0.0100%	8h	93.610	−0.188%	$31.0M	$54.8M	—	as long as short
GRVT HYPE_USDT_Perp	+0.0100%	4h	93.468	−0.340%	$7.5M	$48.0M	10x	as long as short
ApeX Omni HYPEUSDT	+0.0100%	1h	93.468	−0.340%	$338K	$1.1M	50x	as long as short
StandX HYPE-USD	+0.0100%	1h	93.655	−0.141%	$668K	$2.6M	20x	as long as short
Vest HYPE-PERP	+0.0100%	1h	93.775	−0.013%	—	$243K	5x	as long as short
Polymarket Perps HYPE-USD	+0.0100%	1h	93.788	+0.001%	$469K	$2.4M	20x	as long as short
Bluefin HYPE-PERP	+0.0100%	1h	93.807	+0.021%	$79K	$172K	20x	as long as short
SunX HYPE-USDT	+0.0100%	4h	93.858	+0.076%	$32K	$1.6M	20x	as long as short
SoDEX HYPE-USD	+0.0100%	1h	93.824	+0.039%	$2.0M	$1.9M	10x	as long as short
Bulk HYPE-USD	+0.0100%	1h	93.348	−0.469%	$203K	$10K	10x	as long as short
Extended HYPE-USD	+0.0104%	1h	93.785	−0.002%	$18.3M	$44.4M	50x	as long as short
Coinbase International HYPE-PERP-INTX	+0.0136%	1h	93.720	−0.071%	$4.9M	$5.6M	50x	as long as short
Injective HYPE/USDC PERP	+0.0137%	1h	93.610	−0.189%	$30K	$339K	12x	as long as short
RISEx HYPE/USDC	+0.0210%	1h	93.774	−0.014%	$3.0M	$6.8M	20x	as long as short
HTX HYPE-USDT	+0.0217%	4h	93.807	+0.021%	$1.4M	$5.9M	75x	as long as short
Reya HYPERUSDPERP	+0.0254%	1h	93.749	−0.041%	$80K	$140K	15x	as long as short
Kalshi KXHYPEPERP	+0.0267%	8h	93.719	−0.073%	$1.9M	$5.1M	2.3x	as long as short
GMX HYPE/USD [WBTC.b-USDC]	L +0.0335% / S −0.0158%	1h	93.780	−0.007%	$1.4M	—	100x	as long as short
Deribit HYPE_USDC-PERPETUAL	+0.0539%	1h	93.922	+0.144%	$7.5M	$4.4M	50x	as long as short
Kraken Futures PF_HYPEUSD	+0.0679%	1h	93.913	+0.134%	$21.0M	$30.0M	50x	as long as short