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

HYPER

all HYPER markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0049%/8h= −5.3% APRnext payment $0.24 per $10,000 · paid last 24h −0.005%
Price spread now: BloFin against Variational Omni−0.102%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 fees+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.102% cheaper against Variational Omni than usual: you would sell low and buy high (−$10 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni HYPER0.074250.0100pay 0.0050% / 4h1h 24m$7K$1K
ShortBloFin HYPER-USDT0.074170.0051get 0.0026% / 4h1h 24m$189K$22K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Variational Omni. 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
−$10.25
Price spread: −0.102% → 0.000%
−$10.2
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$32.45
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Variational Omni: no order-book sample; BloFin: live order book, 50 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 Variational Omni no order-book sample
Sell BloFin live order book, 50 min ago1.34 bp18.0 bp −$1859.1 bp −$591doesn't fitdoesn't fit
Variational Omni: 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.

HYPER on 10 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
KuCoin HYPERUSDTM−0.0138%4h0.07410−0.196%$127K$93K30xas long as short
Gate HYPER_USDT−0.0002%4h0.07420−0.062%$90K$46K50xas long as short
BloFin HYPER-USDTshort+0.0051%4h0.07417−0.102%$189K$22K50x
Hyperliquid HYPER+0.0100%1h0.07429+0.053%$72K$119K3xas long as short
Aster HYPERUSDT+0.0100%4h0.07433+0.113%$20K$4K5xas long as short
Binance HYPERUSDT+0.0100%4h0.07431+0.090%$2.0M$2.1M50xas long as short
Bybit HYPERUSDT+0.0100%4h0.07431+0.087%$1.2M$699K25xas long as short
MEXC HYPER_USDT+0.0100%4h0.07430+0.073%$255K$130K20xas long as short
Bitget HYPERUSDT+0.0100%4h0.07431+0.087%$310K$259K50xas long as short
Variational Omni HYPERlong+0.0100%4h0.07425long leg$7K$1K