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

HYPE

all HYPE markets
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Alert: funding
Measured
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Alert: spread
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Funding you earn now, next payment 01:00 UTC+0.0003%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h +0.019%
Price spread now: Bullet against 01 Exchange+0.021%7-day average −0.004% · 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−$28as in the Price arb table
costs, in and out, $10k−$310.307% of the position
Long on 01 ExchangeShort on Bullet
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.024%+$2 on $10k
Price spread, last 3 days (all we have)+0.138%+$14 · spread now +0.021%, 7d avg −0.004%
Together, before fees+0.162%+$16 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: Bullet is 0.026% dearer against 01 Exchange than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.004%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
Long01 Exchange HYPEUSD93.855−0.0088get 0.0011% / 1h15m 39s$85K$361K20x
ShortBullet HYPE-USD93.875−0.0085pay 0.0011% / 1h15m 39s$113K$581K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bullet 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
$0.71
Price spread: +0.021% → −0.004%
$2.55
Slippage, 4 orders
−$15.75
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee Bullet: 4 bp × 2 orders
−$8
Net
−$27.49
Costs to cover
0.307%
Break-even
279.8 days
Slippage from 01 Exchange: live order book, 58 min ago; Bullet: live order book, 58 min ago.

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, 58 min ago0.16 bp6.9 bp −$711.0 bp −$110doesn't fitdoesn't fit
Sell Bullet live order book, 58 min ago0.27 bp10.0 bp −$1014.3 bp −$143doesn't fitdoesn't fit

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
Hibachi HYPE/USDT-P−0.1280%1h93.530−0.346%$198K$228K7xas long as short
Arcus HYPE-USD−0.0625%1h93.914+0.063%$1.3M$3.9M10xas long as short
Aftermath Perps HYPEUSD−0.0197%1h93.835−0.021%$22K$21K10xas long as short
Ondo Perps HYPE-USD.P−0.0124%1h93.940+0.091%$708K$960K10xas long as short
dYdX HYPE-USD−0.0101%1h94.003+0.158%$129K$31K5xas long as short
01 Exchange HYPEUSDlong−0.0088%1h93.855long leg$85K$361K20x
Bullet HYPE-USDshort−0.0085%1h93.875+0.021%$113K$581K20x
Hotstuff HYPE-PERP−0.0080%1h93.610−0.261%$3K$33125xas long as short
Phemex HYPEUSDT−0.0051%8h93.936+0.086%$12.8M$2.6M50xas long as short
Gate HYPE_USDT−0.0036%4h94.013+0.168%$44.5M$60.2M75xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_HYPE_USDC−0.0027%4h93.892+0.039%$159K$645K20xas long as short
Bybit HYPEUSDT−0.0013%8h94.010+0.165%$323.5M$281.2M75xas long as short
Perpl HYPE0.0000%43m93.792−0.067%$23K$326K10xas long as short
gTrade (Gains Network) HYPE/USDL +0.0002% / S −0.0003%1h93.926+0.076%$27K—150xas long as short
Aster HYPEUSDT+0.0008%4h93.994+0.148%$8.9M$36.1M300xas long as short
Derive HYPE-PERP+0.0009%1h93.884+0.031%$16.4M$7.3M10xas long as short
Phoenix HYPE+0.0034%1h93.678−0.189%$218K$1.2M10xas long as short
MEXC HYPE_USDT+0.0042%4h94.025+0.181%$88.6M$83.2M100xas long as short
Binance HYPEUSDT+0.0045%4h94.030+0.187%$383.5M$896.3M75xas long as short
edgeX HYPEUSDC+0.0057%4h93.961+0.113%$5.1M$30.0M30xas long as short
OKX HYPE-USDT-SWAP+0.0074%8h94.021+0.177%$116.1M$317.2M50xas long as short
Aevo HYPE-PERP+0.0088%1h93.937+0.088%$400K$180K20xas long as short
Bluefin HYPE-PERP+0.0090%1h93.939+0.089%$76K$171K20xas long as short
Lighter HYPE+0.0096%1h94.030+0.186%$19.1M$60.1M20xas long as short
Lighter RH HYPE+0.0096%1h94.006+0.161%$3.0M$12.2M20xas long as short
Popdex HYPEUSDT+0.0096%1h93.849−0.006%$65K$1.2M50xas long as short
Paradex HYPE-USD-PERP+0.0099%8h94.057+0.215%$342K$165K20xas long as short
Katana Perps HYPE-USD+0.0100%8h94.000+0.154%$29K$1.6M10xas long as short
Nado HYPE-PERP+0.0100%1h93.805−0.053%$6.6M$44.8M10xas long as short
Hyperliquid HYPE+0.0100%1h94.040+0.197%$2.05B$676.2M10xas long as short
Pacifica HYPE+0.0100%1h94.034+0.191%$10.2M$14.6M20xas long as short
Bulk HYPE-USD+0.0100%1h93.528−0.348%$204K$12K10xas long as short
KuCoin HYPEUSDTM+0.0100%4h94.039+0.196%$46.7M$18.3M75xas long as short
Bitget HYPEUSDT+0.0100%4h94.018+0.174%$227.8M$101.0M75xas long as short
BingX HYPE-USDT+0.0100%4h94.009+0.164%—$54.0M—as long as short
Backpack HYPE_USDC_PERP+0.0100%1h93.963+0.115%$7.7M$10.3M20xas long as short
Variational Omni HYPE+0.0100%8h93.810−0.047%$31.4M$54.1M—as long as short
GRVT HYPE_USDT_Perp+0.0100%4h93.991+0.145%$7.6M$46.1M10xas long as short
ApeX Omni HYPEUSDT+0.0100%1h93.940+0.091%$340K$1.1M50xas long as short
StandX HYPE-USD+0.0100%1h93.666−0.201%$677K$2.6M20xas long as short
Vest HYPE-PERP+0.0100%1h93.816−0.042%—$243K5xas long as short
Polymarket Perps HYPE-USD+0.0100%1h93.874+0.020%$475K$2.5M20xas long as short
SunX HYPE-USDT+0.0100%4h94.014+0.169%$32K$1.6M20xas long as short
SoDEX HYPE-USD+0.0100%1h93.952+0.103%$2.0M$2.0M10xas long as short
Extended HYPE-USD+0.0104%1h93.990+0.144%$18.4M$45.5M50xas long as short
Coinbase International HYPE-PERP-INTX+0.0144%1h93.980+0.133%$4.9M$5.5M50xas long as short
BloFin HYPE-USDT+0.0168%4h93.581−0.292%$17.0M$12.1M75xas long as short
Injective HYPE/USDC PERP+0.0205%1h94.490+0.677%$31K$338K12xas long as short
RISEx HYPE/USDC+0.0222%1h94.061+0.220%$2.7M$6.8M20xas long as short
Kalshi KXHYPEPERP+0.0227%8h93.872+0.018%$1.9M$5.1M2.3xas long as short
Reya HYPERUSDPERP+0.0252%1h93.843−0.013%$79K$143K15xas long as short
GMX HYPE/USD [WBTC.b-USDC]L +0.0335% / S −0.0156%1h93.911+0.059%$1.4M—100xas long as short
HTX HYPE-USDT+0.0373%4h94.100+0.261%$1.5M$6.0M75xas long as short
Kraken Futures PF_HYPEUSD+0.0671%1h94.050+0.208%$21.0M$29.8M50xas long as short
Deribit HYPE_USDC-PERPETUAL+0.0729%1h94.061+0.219%$7.5M$4.6M50xas long as short