HYPE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.00 per $10,000 · paid last 24h −0.001%

Price spread now: ApeX Omni against Aevo−0.083%50s7-day average −0.005% · you buy dearer than you sell

Net, funding: paid 7d − costs−$111as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$1101.098% of the position

Long on Aevo Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days−0.010%−$1 on $10k

Price spread, last 4 days (all we have)+0.044%+$4 · spread now −0.083%, 7d avg −0.005%

Together, before fees+0.034%+$3 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: ApeX Omni is 0.078% cheaper against Aevo than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of −0.005%. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo HYPE-PERP	94.472	0.0104	pay 0.0013% / 1h	13m 33s	$399K	$153K	20x
Short	ApeX Omni HYPEUSDT	94.394	0.0100	get 0.0013% / 1h	13m 33s	$353K	$1.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Aevo. 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 AevobpFee ApeX OmnibpOrdersPrice spread, now −0.083%Rate

Funding earned: −$0.84
Price spread: −0.083% → −0.005%: −$7.83
Slippage, 4 orders: −$83.79
Fee Aevo: 8 bp × 2 orders: −$16
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$118.46
Costs to cover: 1.098%
Break-even: never at this rate

Slippage from Aevo: live order book, 26 min ago; ApeX Omni: live order book, just now.

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 Aevo live order book, 26 min ago	35.01 bp	43.2 bp −$43	43.2 bp −$432	doesn't fit	doesn't fit
Sell ApeX Omni live order book, just now	4.77 bp	9.9 bp −$10	14.0 bp −$140	doesn't fit	doesn't fit

HYPE on 55 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	−0.1688%	1h	94.413	−0.063%	$204K	$266K	7x	as long as short
Bluefin HYPE-PERP	−0.0393%	1h	94.455	−0.018%	$80K	$152K	20x	as long as short
Ondo Perps HYPE-USD.P	−0.0214%	1h	94.390	−0.087%	$712K	$1.2M	10x	as long as short
Bullet HYPE-USD	−0.0182%	1h	94.463	−0.010%	$111K	$575K	20x	as long as short
Aftermath Perps HYPEUSD	−0.0156%	1h	94.381	−0.097%	$22K	$20K	10x	as long as short
01 Exchange HYPEUSD	−0.0112%	1h	94.470	−0.002%	$88K	$365K	20x	as long as short
Hotstuff HYPE-PERP	−0.0080%	1h	94.424	−0.051%	$3K	$331	25x	as long as short
Derive HYPE-PERP	−0.0048%	1h	94.403	−0.074%	$16.4M	$7.4M	10x	as long as short
Arcus HYPE-USD	−0.0045%	1h	94.435	−0.039%	$1.0M	$3.6M	10x	as long as short
Lighter HYPE	−0.0032%	1h	94.442	−0.032%	$16.4M	$64.6M	20x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit HYPEUSDT	−0.0019%	8h	94.432	−0.043%	$317.4M	$288.9M	75x	as long as short
BingX HYPE-USDT	−0.0018%	4h	94.441	−0.033%	—	$52.8M	—	as long as short
Orderly PERP_HYPE_USDC	−0.0009%	4h	94.447	−0.027%	$147K	$686K	20x	as long as short
dYdX HYPE-USD	0.0000%	1h	94.464	−0.009%	$130K	$94K	5x	as long as short
Kalshi KXHYPEPERP	0.0000%	8h	94.538	+0.070%	$1.9M	$5.6M	2.3x	as long as short
Phoenix HYPE	0.0000%	1h	94.517	+0.047%	$209K	$1.1M	10x	as long as short
Perpl HYPE	0.0000%	43m	94.463	−0.009%	$19K	$286K	10x	as long as short
gTrade (Gains Network) HYPE/USD	L +0.0002% / S 0.0000%	1h	94.492	+0.021%	$124K	—	150x	as long as short
Polymarket Perps HYPE-USD	+0.0012%	1h	94.480	+0.008%	$498K	$2.8M	20x	as long as short
Bitget HYPEUSDT	+0.0024%	4h	94.425	−0.050%	$226.8M	$100.2M	75x	as long as short
Phemex HYPEUSDT	+0.0036%	8h	94.448	−0.026%	$12.9M	$2.9M	50x	as long as short
Paradex HYPE-USD-PERP	+0.0037%	8h	94.486	+0.015%	$338K	$154K	20x	as long as short
Vest HYPE-PERP	+0.0043%	1h	94.511	+0.041%	—	$190K	5x	as long as short
SoDEX HYPE-USD	+0.0055%	1h	94.472	0.000%	$2.1M	$1.9M	10x	as long as short
Coinbase International HYPE-PERP-INTX	+0.0064%	1h	94.470	−0.002%	$4.7M	$6.2M	50x	as long as short
OKX HYPE-USDT-SWAP	+0.0066%	8h	94.445	−0.029%	$117.7M	$325.6M	50x	as long as short
edgeX HYPEUSDC	+0.0083%	4h	94.403	−0.073%	$5.0M	$30.8M	30x	as long as short
Gate HYPE_USDT	+0.0092%	4h	94.436	−0.038%	$50.3M	$56.8M	75x	as long as short
Lighter RH HYPE	+0.0096%	1h	94.448	−0.026%	$3.2M	$10.8M	20x	as long as short
Popdex HYPEUSDT	+0.0096%	1h	94.446	−0.028%	$79K	$1.2M	50x	as long as short
Katana Perps HYPE-USD	+0.0100%	8h	94.440	−0.034%	$28K	$1.7M	10x	as long as short
Nado HYPE-PERP	+0.0100%	1h	94.439	−0.035%	$7.2M	$52.9M	10x	as long as short
Hyperliquid HYPE	+0.0100%	1h	94.531	+0.062%	$2.08B	$688.2M	10x	as long as short
Aster HYPEUSDT	+0.0100%	4h	94.458	−0.015%	$8.9M	$37.1M	300x	as long as short
Pacifica HYPE	+0.0100%	1h	94.469	−0.003%	$10.2M	$15.0M	20x	as long as short
Binance HYPEUSDT	+0.0100%	4h	94.446	−0.027%	$378.7M	$933.0M	75x	as long as short
Bulk HYPE-USD	+0.0100%	1h	94.307	−0.175%	$218K	$12K	10x	as long as short
MEXC HYPE_USDT	+0.0100%	4h	94.441	−0.033%	$89.8M	$84.2M	100x	as long as short
KuCoin HYPEUSDTM	+0.0100%	4h	94.430	−0.045%	$46.9M	$18.9M	75x	as long as short
Backpack HYPE_USDC_PERP	+0.0100%	1h	94.438	−0.036%	$7.6M	$10.6M	20x	as long as short
Variational Omni HYPE	+0.0100%	8h	94.390	−0.087%	$29.6M	$54.7M	—	as long as short
GRVT HYPE_USDT_Perp	+0.0100%	4h	94.449	−0.025%	$7.6M	$45.8M	10x	as long as short
ApeX Omni HYPEUSDTshort	+0.0100%	1h	94.394	−0.083%	$353K	$1.1M	50x
StandX HYPE-USD	+0.0100%	1h	94.412	−0.064%	$682K	$2.6M	20x	as long as short
SunX HYPE-USDT	+0.0100%	4h	94.540	+0.072%	$32K	$1.6M	20x	as long as short
HTX HYPE-USDT	+0.0100%	4h	94.574	+0.108%	$1.4M	$6.8M	75x	as long as short
Extended HYPE-USD	+0.0104%	1h	94.414	−0.062%	$18.3M	$43.1M	50x	as long as short
Aevo HYPE-PERPlong	+0.0104%	1h	94.472	long leg	$399K	$153K	20x
GMX HYPE/USD [WBTC.b-USDC]	L +0.0150% / S +0.0022%	1h	94.452	−0.021%	$1.4M	—	100x	as long as short
Deribit HYPE_USDC-PERPETUAL	+0.0184%	1h	94.553	+0.085%	$7.4M	$4.3M	50x	as long as short
Injective HYPE/USDC PERP	+0.0185%	1h	94.740	+0.283%	$31K	$340K	12x	as long as short
Kraken Futures PF_HYPEUSD	+0.0223%	1h	94.510	+0.040%	$20.2M	$30.2M	50x	as long as short
RISEx HYPE/USDC	+0.0249%	1h	94.472	0.000%	$3.2M	$6.4M	20x	as long as short
Reya HYPERUSDPERP	+0.0272%	1h	94.388	−0.089%	$85K	$120K	15x	as long as short
BloFin HYPE-USDT	+0.0340%	4h	94.400	−0.076%	$17.1M	$12.4M	75x	as long as short