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 00:55 UTC−0.0088%/8h= −9.6% APRpaid last 24h −0.020%
Price spread now: Perpl against Aevo+0.087%7-day average −0.001% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Long on AevoShort on Perpl
What this pair did over the last
the charts below follow
Funding, last 7 days−0.160%−$16 on $10k
Price spread, last 3 days (all we have)−0.066%−$7 · spread now +0.087%, 7d avg −0.001%
Together, before fees−0.226%+ Points / potential airdropPerpl: Active · farm board−$23 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Perpl is 0.088% dearer against Aevo than usual: you sell high and buy low (spread +0.087% now, against its 7-day average of −0.001%): +$9 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 3.3 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo HYPE-PERP93.3450.0088pay 0.0011% / 1h46m 47s$397K$177K20x
ShortPerpl HYPE93.4260get 0.0000% / 43m8m 47s$22K$333K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Perpl 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
−$18.48
Price spread: +0.087% → −0.001%
$8.78
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee Perpl: 6.9 bp × 2 orders
−$13.8
Net
−$39.5
Costs to cover
0.298%
Break-even
never at this rate
Slippage unknown: Aevo: live order book, 22 min ago; Perpl: 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, 22 min ago7.76 bp17.2 bp −$1723.0 bp −$23026.4 bp −$2,639doesn't fit
Sell Perpl no order-book sample—————
Perpl: 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−0.1064%1h93.383+0.041%$197K$229K7xas long as short
Arcus HYPE-USD−0.0786%1h93.182−0.175%$1.2M$3.9M10xas long as short
Aftermath Perps HYPEUSD−0.0184%1h93.371+0.028%$22K$21K10xas long as short
Backpack HYPE_USDC_PERP−0.0125%1h93.296−0.053%$7.8M$10.6M20xas long as short
Ondo Perps HYPE-USD.P−0.0124%1h93.240−0.113%$698K$977K10xas long as short
Hotstuff HYPE-PERP−0.0080%1h93.377+0.034%$3K$33125xas long as short
Gate HYPE_USDT−0.0080%4h93.364+0.020%$44.2M$53.9M75xas long as short
01 Exchange HYPEUSD−0.0072%1h93.404+0.063%$85K$361K20xas long as short
Phemex HYPEUSDT−0.0064%8h93.331−0.015%$12.7M$2.7M50xas long as short
Orderly PERP_HYPE_USDC−0.0052%4h93.304−0.044%$158K$646K20xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster HYPEUSDT−0.0026%4h93.347+0.002%$8.9M$36.2M300xas long as short
dYdX HYPE-USD0.0000%1h93.318−0.030%$128K$31K5xas long as short
Perpl HYPEshort0.0000%43m93.426+0.087%$22K$333K10x
gTrade (Gains Network) HYPE/USDL +0.0002% / S −0.0003%1h93.382+0.039%$26K—150xas long as short
BingX HYPE-USDT+0.0016%4h93.297−0.052%—$54.3M—as long as short
Bybit HYPEUSDT+0.0018%8h93.277−0.073%$319.2M$283.1M75xas long as short
Bullet HYPE-USD+0.0029%1h93.346+0.001%$111K$579K20xas long as short
Bluefin HYPE-PERP+0.0033%1h93.337−0.009%$79K$174K20xas long as short
MEXC HYPE_USDT+0.0044%4h93.305−0.043%$88.2M$82.4M100xas long as short
Binance HYPEUSDT+0.0044%4h93.316−0.032%$380.4M$904.9M75xas long as short
Derive HYPE-PERP+0.0058%1h93.301−0.048%$16.2M$7.6M10xas long as short
Phoenix HYPE+0.0060%1h93.190−0.166%$212K$1.2M10xas long as short
edgeX HYPEUSDC+0.0062%4h93.437+0.098%$5.1M$29.9M30xas long as short
OKX HYPE-USDT-SWAP+0.0065%8h93.282−0.068%$115.0M$315.3M50xas long as short
Aevo HYPE-PERPlong+0.0088%1h93.345long leg$397K$177K20x
Lighter HYPE+0.0096%1h93.341−0.004%$16.4M$62.2M20xas long as short
Lighter RH HYPE+0.0096%1h93.356+0.012%$3.1M$11.8M20xas long as short
Popdex HYPEUSDT+0.0096%1h93.407+0.066%$64K$1.2M50xas long as short
Paradex HYPE-USD-PERP+0.0097%8h93.397+0.056%$339K$165K20xas long as short
Katana Perps HYPE-USD+0.0100%8h93.420+0.080%$37K$1.6M10xas long as short
Nado HYPE-PERP+0.0100%1h93.334−0.011%$6.6M$44.7M10xas long as short
Hyperliquid HYPE+0.0100%1h93.441+0.103%$2.04B$675.1M10xas long as short
Pacifica HYPE+0.0100%1h93.3450.000%$10.0M$14.7M20xas long as short
Bulk HYPE-USD+0.0100%1h93.404+0.063%$203K$10K10xas long as short
KuCoin HYPEUSDTM+0.0100%4h93.365+0.021%$46.0M$18.4M75xas long as short
Bitget HYPEUSDT+0.0100%4h93.300−0.048%$225.8M$100.7M75xas long as short
Variational Omni HYPE+0.0100%8h93.281−0.069%$30.9M$55.0M—as long as short
GRVT HYPE_USDT_Perp+0.0100%4h93.420+0.080%$7.5M$47.2M10xas long as short
ApeX Omni HYPEUSDT+0.0100%1h93.460+0.123%$338K$1.1M50xas long as short
StandX HYPE-USD+0.0100%1h93.508+0.174%$667K$2.6M20xas long as short
Vest HYPE-PERP+0.0100%1h93.437+0.098%—$243K5xas long as short
Polymarket Perps HYPE-USD+0.0100%1h93.417+0.077%$467K$2.5M20xas long as short
SunX HYPE-USDT+0.0100%4h93.416+0.076%$32K$1.6M20xas long as short
SoDEX HYPE-USD+0.0100%1h93.304−0.044%$2.0M$2.0M10xas long as short
Extended HYPE-USD+0.0104%1h93.257−0.094%$18.4M$44.4M50xas long as short
Coinbase International HYPE-PERP-INTX+0.0136%1h93.380+0.037%$4.9M$5.5M50xas long as short
Injective HYPE/USDC PERP+0.0137%1h93.250−0.102%$30K$338K12xas long as short
BloFin HYPE-USDT+0.0175%4h93.407+0.066%$17.0M$12.1M75xas long as short
RISEx HYPE/USDC+0.0210%1h93.367+0.023%$2.7M$6.7M20xas long as short
Reya HYPERUSDPERP+0.0253%1h93.357+0.013%$79K$142K15xas long as short
HTX HYPE-USDT+0.0259%4h93.490+0.155%$1.4M$6.1M75xas long as short
Kalshi KXHYPEPERP+0.0259%8h93.441+0.103%$1.9M$5.2M2.3xas long as short
GMX HYPE/USD [WBTC.b-USDC]L +0.0334% / S −0.0158%1h93.379+0.036%$1.4M—100xas long as short
Deribit HYPE_USDC-PERPETUAL+0.0489%1h93.392+0.050%$7.5M$4.5M50xas long as short
Kraken Futures PF_HYPEUSD+0.0683%1h93.374+0.031%$20.8M$30.0M50xas long as short