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

HYPE

all HYPE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0101%/8h= −11.1% APRnext payment $0.13 per $10,000 · paid last 24h −0.029%
Price spread now: gTrade (Gains Network) against Aevo+0.002%7-day average · you sell dearer than you buy
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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo HYPE-PERP94.2610.0104pay 0.0013% / 1h46m 20s$401K$318K20x
ShortgTrade (Gains Network) HYPE/USD94.263L +0.0002% / S −0.0003%get 0.0000% / 1h46m 20s$27K150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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

Funding earned
−$21.27
Price spread: +0.002% → 0.000%
$0.23
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$47.04
Costs to cover
0.260%
Break-even
never at this rate
Slippage unknown: Aevo: live order book, 33 min ago; gTrade (Gains Network): 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 Aevo live order book, 33 min ago6.91 bp17.9 bp −$1821.8 bp −$21825.5 bp −$2,545doesn't fit
Sell gTrade (Gains Network) no order-book sample
gTrade (Gains Network): 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
Hibachi HYPE/USDT-P−0.0600%1h94.163−0.104%$199K$230K7xas long as short
Aftermath Perps HYPEUSD−0.0448%1h94.078−0.194%$22K$22K10xas long as short
Arcus HYPE-USD−0.0233%1h94.140−0.128%$1.2M$3.8M10xas long as short
Hotstuff HYPE-PERP−0.0080%1h94.233−0.030%$3K$33125xas long as short
dYdX HYPE-USD0.0000%1h94.266+0.006%$128K$30K5xas long as short
Perpl HYPE0.0000%43m94.221−0.043%$23K$329K10xas long as short
gTrade (Gains Network) HYPE/USDshortL +0.0002% / S −0.0003%1h94.263+0.002%$27K150x
Phoenix HYPE+0.0009%1h94.176−0.090%$216K$1.2M10xas long as short
Orderly PERP_HYPE_USDC+0.0013%4h94.231−0.032%$165K$552K20xas long as short
Bybit HYPEUSDT+0.0022%8h94.230−0.033%$324.9M$281.3M75xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster HYPEUSDT+0.0043%4h94.244−0.018%$9.0M$35.9M300xas long as short
Ondo Perps HYPE-USD.P+0.0049%1h94.130−0.139%$705K$909K10xas long as short
Phemex HYPEUSDT+0.0055%8h94.184−0.082%$12.8M$2.6M50xas long as short
01 Exchange HYPEUSD+0.0064%1h94.232−0.031%$87K$364K20xas long as short
Gate HYPE_USDT+0.0074%4h94.241−0.021%$44.3M$58.3M75xas long as short
MEXC HYPE_USDT+0.0078%4h94.240−0.022%$88.7M$81.0M100xas long as short
Binance HYPEUSDT+0.0079%4h94.247−0.015%$386.2M$889.5M75xas long as short
edgeX HYPEUSDC+0.0079%4h94.119−0.150%$5.1M$29.8M30xas long as short
Derive HYPE-PERP+0.0095%1h94.122−0.147%$16.5M$6.9M10xas long as short
Lighter HYPE+0.0096%1h94.264+0.003%$19.1M$59.3M20xas long as short
Lighter RH HYPE+0.0096%1h94.255−0.006%$3.1M$12.2M20xas long as short
Popdex HYPEUSDT+0.0096%1h94.225−0.038%$64K$1.2M50xas long as short
Paradex HYPE-USD-PERP+0.0099%8h94.227−0.036%$342K$171K20xas long as short
Katana Perps HYPE-USD+0.0100%8h94.240−0.022%$30K$1.6M10xas long as short
Nado HYPE-PERP+0.0100%1h94.225−0.039%$5.8M$44.2M10xas long as short
Pacifica HYPE+0.0100%1h94.253−0.008%$10.2M$14.5M20xas long as short
OKX HYPE-USDT-SWAP+0.0100%8h94.240−0.022%$116.1M$319.5M50xas long as short
Bulk HYPE-USD+0.0100%1h94.095−0.175%$205K$7K10xas long as short
KuCoin HYPEUSDTM+0.0100%4h94.237−0.025%$47.3M$18.4M75xas long as short
Bitget HYPEUSDT+0.0100%4h94.248−0.014%$228.2M$102.7M75xas long as short
BingX HYPE-USDT+0.0100%4h94.234−0.028%$54.0Mas long as short
Backpack HYPE_USDC_PERP+0.0100%1h94.208−0.056%$7.9M$10.4M20xas long as short
Variational Omni HYPE+0.0100%8h94.073−0.199%$32.2M$53.1Mas long as short
GRVT HYPE_USDT_Perp+0.0100%4h94.151−0.116%$7.6M$45.4M10xas long as short
ApeX Omni HYPEUSDT+0.0100%1h94.127−0.142%$336K$1.1M50xas long as short
StandX HYPE-USD+0.0100%1h94.199−0.066%$681K$2.5M20xas long as short
Vest HYPE-PERP+0.0100%1h94.278+0.018%$454K5xas long as short
Polymarket Perps HYPE-USD+0.0100%1h94.267+0.007%$486K$2.5M20xas long as short
Bullet HYPE-USD+0.0100%1h94.256−0.005%$113K$577K20xas long as short
Bluefin HYPE-PERP+0.0100%1h94.257−0.004%$76K$167K20xas long as short
SunX HYPE-USDT+0.0100%4h94.189−0.076%$32K$1.6M20xas long as short
SoDEX HYPE-USD+0.0100%1h94.181−0.085%$2.0M$2.0M10xas long as short
Injective HYPE/USDC PERP+0.0104%1h94.140−0.128%$31K$338K12xas long as short
Extended HYPE-USD+0.0104%1h94.199−0.066%$18.7M$42.0M50xas long as short
Aevo HYPE-PERPlong+0.0104%1h94.261long leg$401K$318K20x
Kalshi KXHYPEPERP+0.0126%8h94.250−0.012%$1.9M$5.0M2.3xas long as short
Coinbase International HYPE-PERP-INTX+0.0152%1h94.210−0.054%$4.9M$5.7M50xas long as short
HTX HYPE-USDT+0.0231%4h94.338+0.082%$1.5M$7.7M75xas long as short
Deribit HYPE_USDC-PERPETUAL+0.0238%1h94.264+0.003%$7.4M$4.5M50xas long as short
Reya HYPERUSDPERP+0.0248%1h94.237−0.026%$77K$142K15xas long as short
RISEx HYPE/USDC+0.0284%1h94.280+0.020%$2.8M$6.9M20xas long as short
BloFin HYPE-USDT+0.0315%4h94.189−0.076%$17.0M$12.4M75xas long as short
GMX HYPE/USD [WBTC.b-USDC]L +0.0340% / S −0.0165%1h94.260−0.001%$1.4M100xas long as short
Kraken Futures PF_HYPEUSD+0.0576%1h94.284+0.024%$21.1M$29.1M50xas long as short
Hyperliquid HYPE+0.0657%1h94.332+0.075%$2.06B$667.9M10xas long as short