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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 01:00 UTC+0.0282%/8h= +30.8% APRpaid last 24h −0.002%
Price spread now: MEXC against Aftermath Perps−0.087%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Long on Aftermath PerpsShort on MEXC
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 days—no price history on both exchanges yet
Together, before fees—needs both histories
Funding pays, the price is against you. MEXC is 0.087% cheaper against Aftermath Perps than usual: you would sell low and buy high (spread −0.087% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$9 on $10k: about 25 hours of funding at the current rate (+$8 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAftermath Perps HYPEUSD94.131−0.0234get 0.0029% / 1h29m 17s$22K$21K10x
ShortMEXC HYPE_USDT94.0490.0048get 0.0024% / 4h3h 29m$89.1M$82.6M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
$59.15
Price spread: −0.087% → 0.000%
−$8.67
Slippage, 4 orders
no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Fee MEXC: 2 bp × 2 orders
−$4
Net
$37.48
Costs to cover
0.130%
Break-even
2.6 days
Slippage unknown: Aftermath Perps: no order-book sample; MEXC: 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 MEXC live order book, 5 min ago0.05 bp2.1 bp −$23.2 bp −$3212.6 bp −$1,25635.4 bp −$17.7K
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−0.1400%1h93.937−0.206%$199K$228K7xas long as short
Arcus HYPE-USD−0.0625%1h93.902−0.243%$1.2M$3.8M10xas long as short
Aftermath Perps HYPEUSDlong−0.0234%1h94.131long leg$22K$21K10x
Ondo Perps HYPE-USD.P−0.0158%1h93.950−0.192%$706K$956K10xas long as short
dYdX HYPE-USD−0.0148%1h94.048−0.088%$129K$31K5xas long as short
Bullet HYPE-USD−0.0103%1h94.034−0.102%$112K$580K20xas long as short
01 Exchange HYPEUSD−0.0080%1h94.032−0.105%$85K$359K20xas long as short
Hotstuff HYPE-PERP−0.0080%1h93.981−0.159%$3K$33125xas long as short
Phemex HYPEUSDT−0.0066%8h94.052−0.084%$12.8M$2.6M50xas long as short
Bybit HYPEUSDT−0.0035%8h94.020−0.117%$322.9M$280.7M75xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_HYPE_USDC−0.0018%4h93.996−0.143%$159K$645K20xas long as short
Gate HYPE_USDT−0.0012%4h94.036−0.101%$44.5M$59.7M75xas long as short
Perpl HYPE0.0000%43m94.037−0.099%$23K$327K10xas long as short
gTrade (Gains Network) HYPE/USDL +0.0002% / S −0.0003%1h94.070−0.064%$27K—150xas long as short
Aster HYPEUSDT+0.0015%4h94.046−0.090%$8.9M$36.1M300xas long as short
Phoenix HYPE+0.0034%1h94.121−0.010%$219K$1.2M10xas long as short
Binance HYPEUSDT+0.0048%4h94.034−0.102%$383.5M$893.4M75xas long as short
MEXC HYPE_USDTshort+0.0048%4h94.049−0.087%$89.1M$82.6M100x
Derive HYPE-PERP+0.0056%1h93.990−0.149%$16.4M$7.3M10xas long as short
edgeX HYPEUSDC+0.0068%4h94.068−0.067%$5.1M$30.0M30xas long as short
OKX HYPE-USDT-SWAP+0.0079%8h94.028−0.109%$115.9M$318.3M50xas long as short
Lighter HYPE+0.0096%1h94.070−0.064%$19.2M$59.8M20xas long as short
Lighter RH HYPE+0.0096%1h94.048−0.088%$3.0M$12.1M20xas long as short
Popdex HYPEUSDT+0.0096%1h94.024−0.113%$66K$1.2M50xas long as short
Aevo HYPE-PERP+0.0096%1h94.015−0.123%$400K$180K20xas long as short
Paradex HYPE-USD-PERP+0.0099%8h94.016−0.122%$341K$170K20xas long as short
Katana Perps HYPE-USD+0.0100%8h94.060−0.075%$26K$1.6M10xas long as short
Nado HYPE-PERP+0.0100%1h94.026−0.111%$6.6M$44.8M10xas long as short
Hyperliquid HYPE+0.0100%1h94.154+0.025%$2.05B$677.3M10xas long as short
Pacifica HYPE+0.0100%1h93.993−0.146%$10.2M$14.6M20xas long as short
KuCoin HYPEUSDTM+0.0100%4h94.057−0.078%$46.6M$18.1M75xas long as short
Bitget HYPEUSDT+0.0100%4h94.058−0.077%$228.1M$100.9M75xas long as short
BingX HYPE-USDT+0.0100%4h94.049−0.087%—$54.0M—as long as short
Backpack HYPE_USDC_PERP+0.0100%1h94.012−0.126%$7.7M$10.4M20xas long as short
Variational Omni HYPE+0.0100%8h94.030−0.106%$31.5M$54.1M—as long as short
GRVT HYPE_USDT_Perp+0.0100%4h94.088−0.045%$7.6M$46.0M10xas long as short
ApeX Omni HYPEUSDT+0.0100%1h94.209+0.083%$341K$1.1M50xas long as short
StandX HYPE-USD+0.0100%1h93.984−0.156%$680K$2.6M20xas long as short
Vest HYPE-PERP+0.0100%1h94.071−0.063%—$243K5xas long as short
Polymarket Perps HYPE-USD+0.0100%1h94.064−0.071%$480K$2.6M20xas long as short
Bluefin HYPE-PERP+0.0100%1h94.013−0.125%$76K$171K20xas long as short
SunX HYPE-USDT+0.0100%4h94.102−0.030%$32K$1.6M20xas long as short
SoDEX HYPE-USD+0.0100%1h94.028−0.109%$2.0M$2.0M10xas long as short
Bulk HYPE-USD+0.0100%1h94.120−0.011%$205K$4K10xas long as short
Extended HYPE-USD+0.0104%1h94.005−0.134%$18.8M$44.5M50xas long as short
Coinbase International HYPE-PERP-INTX+0.0144%1h94.030−0.107%$4.9M$5.5M50xas long as short
BloFin HYPE-USDT+0.0192%4h94.018−0.120%$17.0M$12.2M75xas long as short
Injective HYPE/USDC PERP+0.0205%1h94.490+0.382%$31K$338K12xas long as short
Kalshi KXHYPEPERP+0.0222%8h94.094−0.039%$1.9M$5.1M2.3xas long as short
RISEx HYPE/USDC+0.0222%1h94.070−0.065%$2.8M$6.7M20xas long as short
Reya HYPERUSDPERP+0.0251%1h94.047−0.089%$79K$146K15xas long as short
GMX HYPE/USD [WBTC.b-USDC]L +0.0333% / S −0.0152%1h94.077−0.057%$1.4M—100xas long as short
HTX HYPE-USDT+0.0416%4h94.233+0.109%$1.5M$6.3M75xas long as short
Deribit HYPE_USDC-PERPETUAL+0.0420%1h94.136+0.006%$7.5M$4.7M50xas long as short
Kraken Futures PF_HYPEUSD+0.0671%1h94.121−0.010%$21.0M$29.7M50xas long as short