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

HYPE

all HYPE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0184%/8h= −20.1% APRnext payment $0.23 per $10,000 · paid last 24h −0.054%
Price spread now: Hotstuff against Aevo+0.016%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 fees+ Points / potential airdropHotstuff: Active · farm boardneeds 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: −$6 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo HYPE-PERP93.3220.0104pay 0.0013% / 1h9m 42s$397K$318K20x
ShortHotstuff HYPE-PERP93.337−0.0080pay 0.0010% / 1h9m 42s$3K$33125x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hotstuff 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
−$38.64
Price spread: +0.016% → 0.000%
$1.6
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Net
−$58.04
Costs to cover
0.210%
Break-even
never at this rate
Slippage unknown: Aevo: live order book, 14 min ago; Hotstuff: 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, 14 min ago4.37 bp17.1 bp −$1720.7 bp −$20725.7 bp −$2,574doesn't fit
Sell Hotstuff no order-book sample
Hotstuff: 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−0.0920%1h93.381+0.063%$197K$233K7xas long as short
Aftermath Perps HYPEUSD−0.0256%1h93.477+0.166%$22K$22K10xas long as short
Ondo Perps HYPE-USD.P−0.0237%1h93.230−0.099%$700K$930K10xas long as short
Hotstuff HYPE-PERPshort−0.0080%1h93.337+0.016%$3K$33125x
01 Exchange HYPEUSD−0.0072%1h93.3220.000%$90K$353K20xas long as short
Derive HYPE-PERP−0.0025%1h93.309−0.014%$16.4M$7.1M10xas long as short
Bullet HYPE-USD−0.0015%1h93.304−0.019%$110K$581K20xas long as short
dYdX HYPE-USD0.0000%1h93.383+0.066%$127K$32K5xas long as short
Perpl HYPE0.0000%43m93.327+0.005%$23K$337K10xas long as short
gTrade (Gains Network) HYPE/USDL +0.0002% / S −0.0001%1h93.350+0.030%$20K150xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster HYPEUSDT+0.0010%4h93.272−0.054%$8.9M$35.8M300xas long as short
Gate HYPE_USDT+0.0022%4h93.266−0.060%$43.9M$57.7M75xas long as short
Bybit HYPEUSDT+0.0030%8h93.280−0.045%$324.9M$287.2M75xas long as short
Popdex HYPEUSDT+0.0040%1h93.305−0.018%$58K$1.2M50xas long as short
Orderly PERP_HYPE_USDC+0.0055%4h93.321−0.001%$163K$539K20xas long as short
Phoenix HYPE+0.0068%1h93.605+0.303%$216K$1.2M10xas long as short
SoDEX HYPE-USD+0.0096%1h93.288−0.036%$2.0M$2.0M10xas long as short
Lighter HYPE+0.0096%1h93.306−0.017%$18.6M$59.8M20xas long as short
Lighter RH HYPE+0.0096%1h93.308−0.015%$3.1M$12.4M20xas long as short
Paradex HYPE-USD-PERP+0.0099%8h93.299−0.025%$339K$170K20xas long as short
Katana Perps HYPE-USD+0.0100%8h93.310−0.013%$37K$1.6M10xas long as short
Nado HYPE-PERP+0.0100%1h93.305−0.019%$5.9M$44.1M10xas long as short
Hyperliquid HYPE+0.0100%1h93.367+0.048%$2.03B$670.3M10xas long as short
Pacifica HYPE+0.0100%1h93.293−0.031%$10.0M$14.4M20xas long as short
Binance HYPEUSDT+0.0100%4h93.266−0.060%$385.0M$889.8M75xas long as short
OKX HYPE-USDT-SWAP+0.0100%8h93.250−0.077%$114.5M$314.9M50xas long as short
Arcus HYPE-USD+0.0100%1h93.254−0.073%$1.2M$4.0M10xas long as short
Bulk HYPE-USD+0.0100%1h93.285−0.040%$204K$12K10xas long as short
MEXC HYPE_USDT+0.0100%4h93.269−0.057%$93.1M$82.4M100xas long as short
KuCoin HYPEUSDTM+0.0100%4h93.275−0.050%$46.2M$18.8M75xas long as short
Bitget HYPEUSDT+0.0100%4h93.288−0.036%$226.7M$102.6M75xas long as short
BingX HYPE-USDT+0.0100%4h93.266−0.060%$54.2Mas long as short
Backpack HYPE_USDC_PERP+0.0100%1h93.311−0.012%$7.9M$11.7M20xas long as short
Variational Omni HYPE+0.0100%8h93.263−0.064%$29.1M$50.2Mas long as short
GRVT HYPE_USDT_Perp+0.0100%4h93.439+0.125%$7.5M$45.2M10xas long as short
ApeX Omni HYPEUSDT+0.0100%1h93.558+0.253%$406K$1.0M50xas long as short
StandX HYPE-USD+0.0100%1h93.346+0.026%$675K$2.5M20xas long as short
Polymarket Perps HYPE-USD+0.0100%1h93.337+0.016%$493K$2.6M20xas long as short
Bluefin HYPE-PERP+0.0100%1h93.295−0.029%$75K$168K20xas long as short
SunX HYPE-USDT+0.0100%4h93.395+0.078%$32K$1.6M20xas long as short
Phemex HYPEUSDT+0.0100%8h93.335+0.014%$12.7M$2.6M50xas long as short
Vest HYPE-PERP+0.0100%1h93.343+0.022%$454K5xas long as short
Extended HYPE-USD+0.0104%1h93.267−0.059%$18.3M$41.4M50xas long as short
Aevo HYPE-PERPlong+0.0104%1h93.322long leg$397K$318K20x
Kalshi KXHYPEPERP+0.0108%8h93.397+0.080%$1.9M$5.3M2.3xas long as short
edgeX HYPEUSDC+0.0118%4h93.534+0.228%$5.1M$29.7M30xas long as short
Coinbase International HYPE-PERP-INTX+0.0208%1h93.390+0.073%$4.9M$5.7M50xas long as short
Reya HYPERUSDPERP+0.0246%1h93.304−0.019%$78K$158K15xas long as short
Injective HYPE/USDC PERP+0.0285%1h93.910+0.630%$31K$291K12xas long as short
Deribit HYPE_USDC-PERPETUAL+0.0286%1h93.410+0.094%$7.4M$4.6M50xas long as short
HTX HYPE-USDT+0.0295%4h93.487+0.177%$1.5M$7.7M75xas long as short
BloFin HYPE-USDT+0.0340%4h93.289−0.035%$17.1M$12.4M75xas long as short
GMX HYPE/USD [WBTC.b-USDC]L +0.0346% / S −0.0171%1h93.343+0.022%$1.5M100xas long as short
RISEx HYPE/USDC+0.0467%1h93.344+0.024%$2.7M$6.8M20xas long as short
Kraken Futures PF_HYPEUSD+0.0574%1h93.397+0.080%$19.1M$26.1M50xas long as short