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

HYPE

all HYPE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0463%/8h= +50.7% APRnext payment +$0.58 per $10,000 · paid last 24h +0.036%
Price spread now: StandX against Aftermath Perps−0.047%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 airdropStandX: Active · farm boardneeds both histories
Funding pays, the price is against you. StandX is 0.047% cheaper against Aftermath Perps than usual: you would sell low and buy high (spread −0.047% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 8 hours of funding at the current rate (+$14 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAftermath Perps HYPEUSD93.229−0.0363get 0.0045% / 1h27m 04s$22K$21K10x
ShortStandX HYPE-USD93.1850.0100get 0.0013% / 1h27m 04s$667K$2.8M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

StandX 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
$97.27
Price spread: −0.047% → 0.000%
−$4.7
Slippage, 4 orders
no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Fee StandX: 4 bp × 2 orders
−$8
Net
$75.57
Costs to cover
0.170%
Break-even
1.6 days
Slippage unknown: Aftermath Perps: no order-book sample; StandX: 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 StandX live order book, 2 min ago1.77 bp5.8 bp −$65.9 bp −$5912.2 bp −$1,222doesn'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−0.1488%1h93.061−0.181%$197K$237K7xas long as short
Aftermath Perps HYPEUSDlong−0.0363%1h93.229long leg$22K$21K10x
Hotstuff HYPE-PERP−0.0080%1h93.113−0.124%$3K$33125xas long as short
Bullet HYPE-USD−0.0071%1h93.088−0.151%$111K$580K20xas long as short
Orderly PERP_HYPE_USDC−0.0023%4h93.114−0.123%$146K$665K20xas long as short
01 Exchange HYPEUSD−0.0008%1h93.131−0.105%$87K$365K20xas long as short
dYdX HYPE-USD0.0000%1h93.139−0.096%$128K$29K5xas long as short
Perpl HYPE0.0000%43m93.135−0.100%$22K$290K10xas long as short
gTrade (Gains Network) HYPE/USDL +0.0002% / S −0.0002%1h93.133−0.102%$62K150xas long as short
Arcus HYPE-USD+0.0011%1h93.082−0.157%$1.0M$3.9M10xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget HYPEUSDT+0.0014%4h93.104−0.134%$225.0M$98.8M75xas long as short
Bybit HYPEUSDT+0.0017%8h93.100−0.138%$316.3M$282.5M75xas long as short
Ondo Perps HYPE-USD.P+0.0024%1h93.080−0.160%$702K$1.2M10xas long as short
Phoenix HYPE+0.0026%1h93.282+0.057%$207K$1.2M10xas long as short
Phemex HYPEUSDT+0.0056%8h93.129−0.107%$12.7M$2.8M50xas long as short
Paradex HYPE-USD-PERP+0.0094%8h93.167−0.066%$339K$157K20xas long as short
Lighter HYPE+0.0096%1h93.114−0.123%$16.1M$63.2M20xas long as short
Lighter RH HYPE+0.0096%1h93.107−0.131%$3.1M$11.5M20xas long as short
Popdex HYPEUSDT+0.0096%1h93.106−0.132%$75K$1.2M50xas long as short
edgeX HYPEUSDC+0.0098%4h93.253+0.026%$5.0M$29.9M30xas long as short
Katana Perps HYPE-USD+0.0100%8h93.100−0.138%$28K$1.7M10xas long as short
Nado HYPE-PERP+0.0100%1h93.093−0.146%$7.9M$48.4M10xas long as short
Hyperliquid HYPE+0.0100%1h93.160−0.074%$2.03B$669.2M10xas long as short
Aster HYPEUSDT+0.0100%4h93.112−0.125%$8.7M$36.4M300xas long as short
Pacifica HYPE+0.0100%1h93.153−0.081%$10.0M$15.3M20xas long as short
Binance HYPEUSDT+0.0100%4h93.118−0.118%$373.2M$912.7M75xas long as short
OKX HYPE-USDT-SWAP+0.0100%8h93.111−0.126%$114.2M$308.7M50xas long as short
Bulk HYPE-USD+0.0100%1h93.230+0.001%$215K$15K10xas long as short
Gate HYPE_USDT+0.0100%4h93.095−0.144%$46.7M$54.4M75xas long as short
MEXC HYPE_USDT+0.0100%4h93.106−0.132%$90.8M$81.2M100xas long as short
KuCoin HYPEUSDTM+0.0100%4h93.098−0.140%$46.0M$18.9M75xas long as short
BingX HYPE-USDT+0.0100%4h93.104−0.134%$53.9Mas long as short
Backpack HYPE_USDC_PERP+0.0100%1h93.147−0.088%$7.3M$10.6M20xas long as short
Variational Omni HYPE+0.0100%8h93.131−0.105%$28.5M$56.3Mas long as short
GRVT HYPE_USDT_Perp+0.0100%4h93.241+0.013%$7.5M$47.0M10xas long as short
ApeX Omni HYPEUSDT+0.0100%1h93.281+0.056%$342K$1.0M50xas long as short
StandX HYPE-USDshort+0.0100%1h93.185−0.047%$667K$2.8M20x
Vest HYPE-PERP+0.0100%1h93.182−0.050%$243K5xas long as short
Polymarket Perps HYPE-USD+0.0100%1h93.121−0.116%$482K$2.7M20xas long as short
Bluefin HYPE-PERP+0.0100%1h93.087−0.152%$79K$166K20xas long as short
Derive HYPE-PERP+0.0100%1h93.080−0.159%$16.1M$7.4M10xas long as short
SunX HYPE-USDT+0.0100%4h93.132−0.104%$32K$1.6M20xas long as short
SoDEX HYPE-USD+0.0100%1h93.094−0.145%$2.0M$1.9M10xas long as short
HTX HYPE-USDT+0.0100%4h93.300+0.076%$1.4M$6.5M75xas long as short
Extended HYPE-USD+0.0104%1h93.063−0.177%$18.1M$43.2M50xas long as short
Aevo HYPE-PERP+0.0104%1h93.088−0.151%$394K$158K20xas long as short
Kalshi KXHYPEPERP+0.0109%8h93.184−0.048%$1.8M$5.6M2.3xas long as short
Injective HYPE/USDC PERP+0.0122%1h93.620+0.420%$30K$339K12xas long as short
Coinbase International HYPE-PERP-INTX+0.0144%1h93.150−0.085%$4.6M$5.8M50xas long as short
Reya HYPERUSDPERP+0.0269%1h93.097−0.142%$80K$127K15xas long as short
GMX HYPE/USD [WBTC.b-USDC]L +0.0332% / S −0.0154%1h93.120−0.117%$1.4M100xas long as short
BloFin HYPE-USDT+0.0340%4h93.096−0.142%$16.8M$11.9M75xas long as short
Kraken Futures PF_HYPEUSD+0.0342%1h93.162−0.071%$20.8M$29.5M50xas long as short
Deribit HYPE_USDC-PERPETUAL+0.0512%1h93.192−0.039%$7.5M$4.0M50xas long as short
RISEx HYPE/USDC+0.0527%1h93.178−0.054%$3.2M$6.3M20xas long as short