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

HYPE

all HYPE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0071%/8h= +7.7% APRpaid last 24h +0.008%
Price spread now: edgeX against Aftermath Perps−0.019%7-day average · you buy dearer than you sell
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 airdropedgeX: 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: +$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAftermath Perps HYPEUSD93.2730.0013pay 0.0002% / 1h56m 46s$22K$21K10x
ShortedgeX HYPEUSDC93.2560.0083get 0.0042% / 4h1h 56m$5.0M$30.1M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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
$14.81
Price spread: −0.019% → 0.000%
−$1.91
Slippage, 4 orders
no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$5.1
Costs to cover
0.180%
Break-even
9.4 days
Slippage unknown: Aftermath Perps: no order-book sample; edgeX: live order book, 2 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 edgeX live order book, 2 min ago0.32 bp4.8 bp −$55.1 bp −$51113.8 bp −$11.4Kdoesn'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 54 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−0.1136%1h93.001−0.292%$195K$226K7xas long as short
Arcus HYPE-USD−0.0899%1h92.871−0.431%$1.2M$3.8M10xas long as short
Bluefin HYPE-PERP−0.0443%1h92.909−0.391%$79K$170K20xas long as short
Bullet HYPE-USD−0.0165%1h92.952−0.345%$111K$578K20xas long as short
Ondo Perps HYPE-USD.P−0.0158%1h92.970−0.325%$698K$905K10xas long as short
01 Exchange HYPEUSD−0.0112%1h93.002−0.291%$84K$346K20xas long as short
Hotstuff HYPE-PERP−0.0080%1h93.198−0.081%$3K$33125xas long as short
Orderly PERP_HYPE_USDC−0.0051%4h92.922−0.377%$155K$639K20xas long as short
Phemex HYPEUSDT−0.0015%8h93.013−0.279%$12.6M$2.7M50xas long as short
Aster HYPEUSDT−0.0005%4h93.028−0.263%$8.8M$35.4M300xas long as short
Show all 54 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX HYPE-USD0.0000%1h93.017−0.275%$128K$31K5xas long as short
Perpl HYPE0.0000%43m92.994−0.299%$22K$321K10xas long as short
gTrade (Gains Network) HYPE/USDL +0.0002% / S −0.0003%1h92.969−0.326%$25K150xas long as short
BingX HYPE-USDT+0.0008%4h93.144−0.139%$53.2Mas long as short
Bybit HYPEUSDT+0.0011%8h93.140−0.143%$319.7M$275.2M75xas long as short
Aftermath Perps HYPEUSDlong+0.0013%1h93.273long leg$22K$21K10x
Gate HYPE_USDT+0.0018%4h93.088−0.199%$44.3M$54.1M75xas long as short
Phoenix HYPE+0.0060%1h93.056−0.233%$210K$1.2M10xas long as short
OKX HYPE-USDT-SWAP+0.0077%8h93.166−0.115%$114.1M$300.6M50xas long as short
Binance HYPEUSDT+0.0077%4h93.100−0.186%$378.6M$874.0M75xas long as short
MEXC HYPE_USDT+0.0078%4h93.100−0.186%$87.6M$79.8M100xas long as short
edgeX HYPEUSDCshort+0.0083%4h93.256−0.019%$5.0M$30.1M30x
Lighter HYPE+0.0096%1h92.996−0.297%$16.3M$61.3M20xas long as short
Lighter RH HYPE+0.0096%1h93.005−0.288%$3.1M$11.5M20xas long as short
Popdex HYPEUSDT+0.0096%1h92.997−0.296%$67K$1.2M50xas long as short
Paradex HYPE-USD-PERP+0.0097%8h93.036−0.255%$338K$162K20xas long as short
Katana Perps HYPE-USD+0.0100%8h93.030−0.261%$12K$1.6M10xas long as short
Nado HYPE-PERP+0.0100%1h92.987−0.308%$5.7M$43.5M10xas long as short
Hyperliquid HYPE+0.0100%1h93.250−0.025%$2.04B$659.1M10xas long as short
Pacifica HYPE+0.0100%1h93.011−0.282%$10.0M$14.6M20xas long as short
Bulk HYPE-USD+0.0100%1h93.335+0.066%$203K$10K10xas long as short
KuCoin HYPEUSDTM+0.0100%4h93.091−0.196%$45.9M$18.0M75xas long as short
Bitget HYPEUSDT+0.0100%4h93.171−0.110%$225.4M$96.8M75xas long as short
Backpack HYPE_USDC_PERP+0.0100%1h92.982−0.312%$7.3M$10.4M20xas long as short
Variational Omni HYPE+0.0100%8h93.219−0.059%$31.1M$54.3Mas long as short
GRVT HYPE_USDT_Perp+0.0100%4h93.215−0.062%$7.5M$46.5M10xas long as short
ApeX Omni HYPEUSDT+0.0100%1h93.222−0.055%$337K$1.0M50xas long as short
StandX HYPE-USD+0.0100%1h93.114−0.171%$664K$2.6M20xas long as short
Vest HYPE-PERP+0.0100%1h93.057−0.232%$243K5xas long as short
Polymarket Perps HYPE-USD+0.0100%1h93.001−0.292%$473K$2.4M20xas long as short
Derive HYPE-PERP+0.0100%1h92.929−0.369%$16.1M$7.6M10xas long as short
SunX HYPE-USDT+0.0100%4h93.050−0.239%$32K$1.6M20xas long as short
SoDEX HYPE-USD+0.0100%1h92.956−0.340%$2.0M$1.9M10xas long as short
Extended HYPE-USD+0.0104%1h93.027−0.264%$18.3M$43.5M50xas long as short
Aevo HYPE-PERP+0.0104%1h92.939−0.358%$395K$170K20xas long as short
Coinbase International HYPE-PERP-INTX+0.0176%1h93.070−0.218%$4.9M$5.4M50xas long as short
HTX HYPE-USDT+0.0210%4h93.150−0.132%$1.4M$5.9M75xas long as short
Reya HYPERUSDPERP+0.0256%1h92.952−0.345%$79K$140K15xas long as short
Kalshi KXHYPEPERP+0.0276%8h93.031−0.260%$1.9M$4.8M2.3xas long as short
GMX HYPE/USD [WBTC.b-USDC]L +0.0331% / S −0.0156%1h92.978−0.316%$1.4M100xas long as short
Deribit HYPE_USDC-PERPETUAL+0.0352%1h93.043−0.247%$7.4M$4.4M50xas long as short
RISEx HYPE/USDC+0.0510%1h93.079−0.208%$3.2M$6.7M20xas long as short
Injective HYPE/USDC PERP+0.0519%1h92.900−0.400%$30K$338K12xas long as short
Kraken Futures PF_HYPEUSD+0.0688%1h93.030−0.261%$20.7M$29.9M50xas long as short