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

HYPE

all HYPE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0167%/8h= +18.3% APRnext payment +$0.21 per $10,000 · paid last 24h +0.063%
Price spread now: Aevo against Aftermath Perps+0.020%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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Aevo is 0.020% dearer against Aftermath Perps than usual: you sell high and buy low: +$2 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAftermath Perps HYPEUSD95.442−0.0079get 0.0010% / 1h8m 12s$22K$17K10x
ShortAevo HYPE-PERP95.4620.0088get 0.0011% / 1h8m 12s$404K$115K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Aftermath Perps. 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
$35.11
Price spread: +0.020% → 0.000%
$2.05
Slippage, 4 orders
no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Fee Aevo: 8 bp × 2 orders
−$16
Net
$12.15
Costs to cover
0.250%
Break-even
4.6 days
Slippage unknown: Aftermath Perps: no order-book sample; Aevo: live order book, 34 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 Aftermath Perps no order-book sample
Sell Aevo live order book, 34 min ago8.36 bp16.4 bp −$1619.4 bp −$19421.5 bp −$2,153doesn't fit
Aftermath Perps: 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 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_HYPEUSD−0.0280%1h95.492+0.052%$18.2M$31.9M50xas long as short
Phemex HYPEUSDT−0.0250%8h95.472+0.031%$13.0M$2.2M50xas long as short
Bluefin HYPE-PERP−0.0185%1h95.435−0.008%$79K$131K20xas long as short
Aster HYPEUSDT−0.0103%4h95.445+0.003%$9.8M$34.4M300xas long as short
Orderly PERP_HYPE_USDC−0.0081%4h95.452+0.010%$146K$642K20xas long as short
Hotstuff HYPE-PERP−0.0080%1h95.137−0.320%$3K$42125xas long as short
Aftermath Perps HYPEUSDlong−0.0079%1h95.442long leg$22K$17K10x
Coinbase International HYPE-PERP-INTX−0.0064%1h95.520+0.081%$4.8M$5.4M50xas long as short
Ondo Perps HYPE-USD.P−0.0057%1h95.390−0.055%$678K$1.2M10xas long as short
OKX HYPE-USDT-SWAP−0.0040%8h95.469+0.028%$119.2M$304.7M50xas long as short
Show all 55 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate HYPE_USDT−0.0038%4h95.469+0.028%$57.5M$54.1M75xas long as short
01 Exchange HYPEUSD−0.0032%1h95.457+0.015%$101K$355K20xas long as short
Phoenix HYPE−0.0017%1h95.703+0.273%$199K$1.1M10xas long as short
Bitget HYPEUSDT−0.0016%4h95.485+0.045%$230.2M$86.0M75xas long as short
Lighter HYPE0.0000%1h95.470+0.029%$16.7M$56.2M20xas long as short
Perpl HYPE0.0000%43m95.429−0.014%$24K$247K10xas long as short
gTrade (Gains Network) HYPE/USDL +0.0002% / S −0.0002%1h95.484+0.044%$67K150xas long as short
Backpack HYPE_USDC_PERP+0.0021%1h95.430−0.013%$6.8M$12.3M20xas long as short
edgeX HYPEUSDC+0.0034%4h95.519+0.081%$5.1M$28.2M30xas long as short
MEXC HYPE_USDT+0.0042%4h95.447+0.005%$88.9M$84.7M100xas long as short
Binance HYPEUSDT+0.0043%4h95.488+0.048%$388.4M$844.1M75xas long as short
KuCoin HYPEUSDTM+0.0044%4h95.427−0.016%$47.8M$17.8M75xas long as short
BingX HYPE-USDT+0.0046%4h95.478+0.037%$50.7Mas long as short
Bybit HYPEUSDT+0.0053%8h95.490+0.050%$324.0M$262.7M75xas long as short
Derive HYPE-PERP+0.0063%1h95.422−0.022%$16.5M$5.7M10xas long as short
Bullet HYPE-USD+0.0086%1h95.471+0.030%$113K$581K20xas long as short
dYdX HYPE-USD+0.0087%1h95.505+0.066%$129K$96K5xas long as short
Aevo HYPE-PERPshort+0.0088%1h95.462+0.020%$404K$115K20x
Lighter RH HYPE+0.0096%1h95.483+0.043%$3.0M$10.3M20xas long as short
Popdex HYPEUSDT+0.0096%1h95.451+0.009%$246K$1.1M50xas long as short
Paradex HYPE-USD-PERP+0.0096%8h95.401−0.043%$340K$29K20xas long as short
Katana Perps HYPE-USD+0.0100%8h95.420−0.023%$17K$1.5M10xas long as short
Nado HYPE-PERP+0.0100%1h95.435−0.008%$5.2M$49.5M10xas long as short
Hyperliquid HYPE+0.0100%1h95.530+0.092%$2.12B$626.2M10xas long as short
Pacifica HYPE+0.0100%1h95.453+0.011%$10.3M$12.5M20xas long as short
Arcus HYPE-USD+0.0100%1h95.463+0.022%$1.1M$2.7M10xas long as short
Bulk HYPE-USD+0.0100%1h95.627+0.193%$230K$20K10xas long as short
Variational Omni HYPE+0.0100%8h95.369−0.077%$30.4M$51.9Mas long as short
GRVT HYPE_USDT_Perp+0.0100%4h95.374−0.071%$7.7M$41.2M10xas long as short
ApeX Omni HYPEUSDT+0.0100%1h95.301−0.148%$334K$921K50xas long as short
StandX HYPE-USD+0.0100%1h95.408−0.036%$694K$2.7M20xas long as short
Vest HYPE-PERP+0.0100%1h95.510+0.071%$80K5xas long as short
Polymarket Perps HYPE-USD+0.0100%1h95.458+0.016%$485K$2.3M20xas long as short
SunX HYPE-USDT+0.0100%4h95.548+0.111%$33K$1.3M20xas long as short
SoDEX HYPE-USD+0.0100%1h95.483+0.043%$2.1M$341K10xas long as short
HTX HYPE-USDT+0.0100%4h95.586+0.151%$1.4M$5.1M75xas long as short
Extended HYPE-USD+0.0104%1h95.447+0.005%$18.2M$35.7M50xas long as short
Kalshi KXHYPEPERP+0.0136%8h95.472+0.031%$1.8M$5.1M2.3xas long as short
RISEx HYPE/USDC+0.0138%1h95.468+0.027%$3.2M$5.1M20xas long as short
Deribit HYPE_USDC-PERPETUAL+0.0158%1h95.559+0.122%$7.6M$4.3M50xas long as short
BloFin HYPE-USDT+0.0166%4h95.475+0.034%$17.7M$11.5M75xas long as short
Reya HYPERUSDPERP+0.0267%1h95.417−0.027%$84K$92K15xas long as short
Hibachi HYPE/USDT-P+0.0296%1h95.393−0.052%$206K$268K7xas long as short
GMX HYPE/USD [WBTC.b-USDC]L +0.0327% / S −0.0152%1h95.477+0.036%$1.4M100xas long as short
Injective HYPE/USDC PERP+0.1234%1h95.210−0.243%$31K$334K12xas long as short