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

HYPE

all HYPE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0259%/8h= −28.3% APRnext payment $0.32 per $10,000 · paid last 24h +0.008%
Price spread now: Aftermath Perps against 01 Exchange−0.058%7-day average · 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)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Aftermath Perps is 0.058% cheaper against 01 Exchange than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
Long01 Exchange HYPEUSD92.841−0.0008get 0.0001% / 1h4m 09s$86K$361K20x
ShortAftermath Perps HYPEUSD92.787−0.0267pay 0.0033% / 1h4m 09s$22K$21K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aftermath Perps 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

Funding earned
−$54.31
Price spread: −0.058% → 0.000%
−$5.78
Slippage, 4 orders
no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Net
−$76.09
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: 01 Exchange: live order book, 55 min ago; Aftermath Perps: no order-book sample. 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 01 Exchange live order book, 55 min ago0.05 bp8.0 bp −$817.0 bp −$170doesn't fitdoesn't fit
Sell Aftermath Perps no order-book sample
Aftermath Perps: 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
Arcus HYPE-USD−0.0948%1h92.765−0.082%$1.1M$3.9M10xas long as short
Hibachi HYPE/USDT-P−0.0368%1h92.692−0.160%$194K$227K7xas long as short
Aftermath Perps HYPEUSDshort−0.0267%1h92.787−0.058%$22K$21K10x
Hotstuff HYPE-PERP−0.0080%1h92.797−0.047%$3K$33125xas long as short
Orderly PERP_HYPE_USDC−0.0065%4h92.831−0.011%$157K$658K20xas long as short
01 Exchange HYPEUSDlong−0.0008%1h92.841long leg$86K$361K20x
dYdX HYPE-USD0.0000%1h92.787−0.058%$127K$29K5xas long as short
Perpl HYPE0.0000%43m92.825−0.018%$22K$302K10xas long as short
gTrade (Gains Network) HYPE/USDL +0.0002% / S −0.0002%1h92.886+0.048%$62K150xas long as short
Bullet HYPE-USD+0.0027%1h92.815−0.028%$111K$579K20xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex HYPEUSDT+0.0027%8h92.851+0.011%$12.5M$2.7M50xas long as short
Ondo Perps HYPE-USD.P+0.0034%1h92.710−0.141%$697K$1.1M10xas long as short
BingX HYPE-USDT+0.0036%4h92.859+0.019%$53.5Mas long as short
Phoenix HYPE+0.0043%1h92.755−0.093%$210K$1.2M10xas long as short
Bybit HYPEUSDT+0.0045%8h92.850+0.010%$316.9M$281.1M75xas long as short
Aster HYPEUSDT+0.0059%4h92.852+0.012%$8.7M$36.1M300xas long as short
Bitget HYPEUSDT+0.0092%4h92.853+0.013%$224.7M$98.6M75xas long as short
edgeX HYPEUSDC+0.0092%4h92.729−0.120%$4.9M$29.5M30xas long as short
Paradex HYPE-USD-PERP+0.0095%8h92.818−0.025%$339K$163K20xas long as short
Lighter HYPE+0.0096%1h92.866+0.027%$16.1M$62.8M20xas long as short
Lighter RH HYPE+0.0096%1h92.873+0.034%$3.1M$11.8M20xas long as short
Popdex HYPEUSDT+0.0096%1h92.823−0.019%$69K$1.1M50xas long as short
OKX HYPE-USDT-SWAP+0.0096%8h92.851+0.011%$113.9M$303.8M50xas long as short
Katana Perps HYPE-USD+0.0099%8h92.790−0.055%$38K$1.7M10xas long as short
Nado HYPE-PERP+0.0100%1h92.788−0.057%$7.3M$45.5M10xas long as short
Hyperliquid HYPE+0.0100%1h92.890+0.053%$2.02B$663.1M10xas long as short
Pacifica HYPE+0.0100%1h92.838−0.003%$10.0M$15.2M20xas long as short
Binance HYPEUSDT+0.0100%4h92.866+0.027%$373.1M$902.3M75xas long as short
Bulk HYPE-USD+0.0100%1h92.800−0.044%$202K$13K10xas long as short
Gate HYPE_USDT+0.0100%4h92.850+0.010%$44.5M$55.4M75xas long as short
MEXC HYPE_USDT+0.0100%4h92.870+0.031%$88.4M$81.1M100xas long as short
KuCoin HYPEUSDTM+0.0100%4h92.866+0.027%$46.1M$18.4M75xas long as short
Backpack HYPE_USDC_PERP+0.0100%1h92.864+0.025%$7.3M$11.3M20xas long as short
Variational Omni HYPE+0.0100%8h92.689−0.164%$28.5M$57.4Mas long as short
GRVT HYPE_USDT_Perp+0.0100%4h92.776−0.070%$7.5M$46.2M10xas long as short
ApeX Omni HYPEUSDT+0.0100%1h92.721−0.129%$350K$1.0M50xas long as short
StandX HYPE-USD+0.0100%1h92.694−0.158%$666K$2.7M20xas long as short
Vest HYPE-PERP+0.0100%1h92.856+0.016%$243K5xas long as short
Polymarket Perps HYPE-USD+0.0100%1h92.870+0.031%$468K$2.6M20xas long as short
Bluefin HYPE-PERP+0.0100%1h92.840−0.001%$79K$168K20xas long as short
Derive HYPE-PERP+0.0100%1h92.824−0.019%$16.1M$7.5M10xas long as short
SunX HYPE-USDT+0.0100%4h92.779−0.067%$32K$1.6M20xas long as short
SoDEX HYPE-USD+0.0100%1h92.859+0.019%$2.0M$2.0M10xas long as short
HTX HYPE-USDT+0.0100%4h92.950+0.117%$1.4M$6.3M75xas long as short
Extended HYPE-USD+0.0104%1h92.832−0.010%$18.1M$43.5M50xas long as short
Aevo HYPE-PERP+0.0104%1h92.857+0.017%$393K$164K20xas long as short
Injective HYPE/USDC PERP+0.0150%1h93.000+0.171%$30K$339K12xas long as short
Coinbase International HYPE-PERP-INTX+0.0160%1h92.900+0.064%$4.7M$5.5M50xas long as short
Kalshi KXHYPEPERP+0.0227%8h92.832−0.010%$1.8M$5.4M2.3xas long as short
Reya HYPERUSDPERP+0.0263%1h92.8410.000%$79K$131K15xas long as short
GMX HYPE/USD [WBTC.b-USDC]L +0.0331% / S −0.0154%1h92.857+0.017%$1.4M100xas long as short
Kraken Futures PF_HYPEUSD+0.0331%1h92.913+0.077%$20.6M$30.4M50xas long as short
BloFin HYPE-USDT+0.0340%4h92.780−0.066%$16.8M$11.6M75xas long as short
Deribit HYPE_USDC-PERPETUAL+0.0385%1h92.954+0.122%$7.5M$4.5M50xas long as short
RISEx HYPE/USDC+0.0687%1h92.883+0.046%$3.2M$6.4M20xas long as short