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+0.0226%/8h= +24.8% APRpaid last 24h +0.058%
Price spread now: HTX against Aftermath Perps+0.056%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
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and HTX is 0.056% dearer against Aftermath Perps than usual: you sell high and buy low: +$6 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAftermath Perps HYPEUSD93.448−0.0047get 0.0006% / 1h28m 59s$22K$21K10x
ShortHTX HYPE-USDT93.5000.0180get 0.0090% / 4h1h 28m$1.4M$6.0M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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
$47.52
Price spread: +0.056% → 0.000%
$5.56
Slippage, 4 orders
no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Fee HTX: 6 bp × 2 orders
−$12
Net
$32.08
Costs to cover
0.210%
Break-even
2.3 days
Slippage unknown: Aftermath Perps: no order-book sample; HTX: live order book, 5 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 HTX live order book, 5 min ago0.05 bp9.8 bp −$1014.1 bp −$14151.8 bp −$5,181doesn'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 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−0.1296%1h93.492+0.047%$198K$227K7xas long as short
Arcus HYPE-USD−0.0899%1h93.259−0.202%$1.2M$3.8M10xas long as short
Ondo Perps HYPE-USD.P−0.0102%1h93.320−0.137%$699K$996K10xas long as short
Hotstuff HYPE-PERP−0.0080%1h93.383−0.070%$3K$33125xas long as short
01 Exchange HYPEUSD−0.0056%1h93.372−0.081%$85K$343K20xas long as short
Phemex HYPEUSDT−0.0051%8h93.315−0.142%$12.6M$2.7M50xas long as short
Aftermath Perps HYPEUSDlong−0.0047%1h93.448long leg$22K$21K10x
Orderly PERP_HYPE_USDC−0.0043%4h93.327−0.130%$153K$652K20xas long as short
Bullet HYPE-USD−0.0007%1h93.331−0.126%$111K$578K20xas long as short
dYdX HYPE-USD0.0000%1h93.408−0.043%$128K$31K5xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Perpl HYPE0.0000%43m93.357−0.098%$23K$319K10xas long as short
gTrade (Gains Network) HYPE/USDL +0.0002% / S −0.0002%1h93.347−0.108%$62K150xas long as short
BingX HYPE-USDT+0.0024%4h93.301−0.157%$53.0Mas long as short
Phoenix HYPE+0.0026%1h93.609+0.172%$213K$1.2M10xas long as short
Aster HYPEUSDT+0.0030%4h93.346−0.109%$8.8M$35.5M300xas long as short
Bybit HYPEUSDT+0.0039%8h93.280−0.180%$320.8M$276.9M75xas long as short
Gate HYPE_USDT+0.0058%4h93.301−0.157%$44.6M$55.0M75xas long as short
OKX HYPE-USDT-SWAP+0.0075%8h93.264−0.197%$114.0M$301.5M50xas long as short
Derive HYPE-PERP+0.0083%1h93.301−0.157%$16.2M$7.5M10xas long as short
Lighter HYPE+0.0096%1h93.322−0.135%$16.2M$61.9M20xas long as short
Lighter RH HYPE+0.0096%1h93.327−0.130%$3.1M$11.6M20xas long as short
Popdex HYPEUSDT+0.0096%1h93.375−0.078%$69K$1.2M50xas long as short
Paradex HYPE-USD-PERP+0.0097%8h93.418−0.032%$339K$162K20xas long as short
Katana Perps HYPE-USD+0.0100%8h93.400−0.051%$17K$1.6M10xas long as short
Nado HYPE-PERP+0.0100%1h93.400−0.052%$5.8M$43.2M10xas long as short
Hyperliquid HYPE+0.0100%1h93.364−0.090%$2.04B$654.7M10xas long as short
Pacifica HYPE+0.0100%1h93.399−0.052%$10.0M$14.7M20xas long as short
Binance HYPEUSDT+0.0100%4h93.277−0.183%$378.4M$876.4M75xas long as short
Bulk HYPE-USD+0.0100%1h93.364−0.090%$203K$10K10xas long as short
MEXC HYPE_USDT+0.0100%4h93.302−0.156%$89.7M$80.8M100xas long as short
KuCoin HYPEUSDTM+0.0100%4h93.341−0.115%$46.0M$18.1M75xas long as short
Bitget HYPEUSDT+0.0100%4h93.300−0.158%$225.6M$96.6M75xas long as short
Backpack HYPE_USDC_PERP+0.0100%1h93.273−0.187%$7.4M$10.3M20xas long as short
Variational Omni HYPE+0.0100%8h93.546+0.105%$31.2M$53.7Mas long as short
GRVT HYPE_USDT_Perp+0.0100%4h93.614+0.178%$7.6M$45.5M10xas long as short
ApeX Omni HYPEUSDT+0.0100%1h93.581+0.142%$340K$1.0M50xas long as short
StandX HYPE-USD+0.0100%1h93.565+0.125%$668K$2.6M20xas long as short
Vest HYPE-PERP+0.0100%1h93.428−0.021%$243K5xas long as short
Polymarket Perps HYPE-USD+0.0100%1h93.389−0.063%$471K$2.6M20xas long as short
Bluefin HYPE-PERP+0.0100%1h94.296+0.907%$80K$170K20xas long as short
SunX HYPE-USDT+0.0100%4h93.436−0.013%$32K$1.6M20xas long as short
SoDEX HYPE-USD+0.0100%1h93.313−0.144%$2.0M$1.9M10xas long as short
edgeX HYPEUSDC+0.0102%4h93.459+0.012%$5.1M$29.7M30xas long as short
Extended HYPE-USD+0.0104%1h93.286−0.173%$18.4M$43.7M50xas long as short
Aevo HYPE-PERP+0.0104%1h93.321−0.136%$397K$162K20xas long as short
Coinbase International HYPE-PERP-INTX+0.0176%1h93.390−0.062%$4.8M$5.5M50xas long as short
HTX HYPE-USDTshort+0.0180%4h93.500+0.056%$1.4M$6.0M75x
Reya HYPERUSDPERP+0.0258%1h93.333−0.123%$79K$140K15xas long as short
Kalshi KXHYPEPERP+0.0280%8h93.416−0.034%$1.9M$5.0M2.3xas long as short
GMX HYPE/USD [WBTC.b-USDC]L +0.0331% / S −0.0156%1h93.358−0.096%$1.4M100xas long as short
BloFin HYPE-USDT+0.0340%4h93.339−0.117%$16.9M$11.6M75xas long as short
Deribit HYPE_USDC-PERPETUAL+0.0361%1h93.402−0.049%$7.4M$4.4M50xas long as short
RISEx HYPE/USDC+0.0510%1h93.464+0.017%$3.2M$6.3M20xas long as short
Injective HYPE/USDC PERP+0.0519%1h93.280−0.180%$30K$339K12xas long as short
Kraken Futures PF_HYPEUSD+0.0685%1h93.373−0.081%$20.7M$29.8M50xas long as short