HYPE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h +0.001%

Price spread now: Aevo against ApeX Omni+0.088%50s7-day average +0.005% · you sell dearer than you buy

Net, funding: paid 7d − costs−$107as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$1081.082% of the position

Long on ApeX Omni Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 7 days+0.010%+$1 on $10k

Price spread, last 4 days (all we have)−0.049%−$5 · spread now +0.088%, 7d avg +0.005%

Together, before fees−0.039%−$4 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aevo is 0.083% dearer against ApeX Omni than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of +0.005%. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni HYPEUSDT	94.316	0.0100	pay 0.0013% / 1h	15m 26s	$370K	$1.0M	50x
Short	Aevo HYPE-PERP	94.399	0.0104	get 0.0013% / 1h	15m 26s	$399K	$154K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against ApeX Omni. 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

Position, each leg$Hold fordaysFee ApeX OmnibpFee AevobpOrdersPrice spread, now +0.088%Rate

Funding earned: $0.84
Price spread: +0.088% → +0.005%: $8.32
Slippage, 4 orders: −$82.24
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$99.08
Costs to cover: 1.082%
Break-even: 832.7 days

Slippage from ApeX Omni: live order book, 4 min ago; Aevo: live order book, 24 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy ApeX Omni live order book, 4 min ago	2.86 bp	9.4 bp −$9	13.3 bp −$133	doesn't fit	doesn't fit
Sell Aevo live order book, 24 min ago	35.01 bp	46.7 bp −$47	48.1 bp −$481	89.7 bp −$8,973	doesn't fit

HYPE on 55 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hibachi HYPE/USDT-P	−0.1704%	1h	94.362	+0.049%	$202K	$255K	7x	as long as short
Bluefin HYPE-PERP	−0.0394%	1h	94.381	+0.069%	$80K	$152K	20x	as long as short
Ondo Perps HYPE-USD.P	−0.0214%	1h	94.390	+0.078%	$712K	$1.2M	10x	as long as short
Bullet HYPE-USD	−0.0190%	1h	94.444	+0.136%	$112K	$576K	20x	as long as short
Aftermath Perps HYPEUSD	−0.0154%	1h	94.355	+0.042%	$22K	$20K	10x	as long as short
01 Exchange HYPEUSD	−0.0112%	1h	94.444	+0.136%	$88K	$366K	20x	as long as short
Hotstuff HYPE-PERP	−0.0080%	1h	94.424	+0.115%	$3K	$331	25x	as long as short
Derive HYPE-PERP	−0.0061%	1h	94.393	+0.081%	$16.4M	$7.5M	10x	as long as short
Arcus HYPE-USD	−0.0045%	1h	94.413	+0.103%	$1.0M	$3.6M	10x	as long as short
Lighter HYPE	−0.0032%	1h	94.436	+0.127%	$16.4M	$64.6M	20x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit HYPEUSDT	−0.0019%	8h	94.400	+0.089%	$317.3M	$289.0M	75x	as long as short
BingX HYPE-USDT	−0.0018%	4h	94.408	+0.098%	—	$52.8M	—	as long as short
Orderly PERP_HYPE_USDC	−0.0008%	4h	94.398	+0.087%	$147K	$686K	20x	as long as short
dYdX HYPE-USD	0.0000%	1h	94.464	+0.157%	$130K	$94K	5x	as long as short
Kalshi KXHYPEPERP	0.0000%	8h	94.523	+0.219%	$1.9M	$5.6M	2.3x	as long as short
Phoenix HYPE	0.0000%	1h	94.517	+0.213%	$209K	$1.1M	10x	as long as short
Perpl HYPE	0.0000%	43m	94.416	+0.106%	$19K	$287K	10x	as long as short
gTrade (Gains Network) HYPE/USD	L +0.0002% / S 0.0000%	1h	94.444	+0.136%	$124K	—	150x	as long as short
Polymarket Perps HYPE-USD	+0.0011%	1h	94.448	+0.140%	$498K	$2.8M	20x	as long as short
Bitget HYPEUSDT	+0.0026%	4h	94.390	+0.078%	$226.7M	$100.1M	75x	as long as short
Paradex HYPE-USD-PERP	+0.0035%	8h	94.452	+0.144%	$337K	$154K	20x	as long as short
Phemex HYPEUSDT	+0.0036%	8h	94.457	+0.149%	$12.9M	$2.9M	50x	as long as short
Vest HYPE-PERP	+0.0041%	1h	94.483	+0.177%	—	$190K	5x	as long as short
SoDEX HYPE-USD	+0.0052%	1h	94.409	+0.099%	$2.1M	$1.9M	10x	as long as short
Coinbase International HYPE-PERP-INTX	+0.0064%	1h	94.470	+0.163%	$4.7M	$6.2M	50x	as long as short
OKX HYPE-USDT-SWAP	+0.0066%	8h	94.414	+0.104%	$117.7M	$325.5M	50x	as long as short
edgeX HYPEUSDC	+0.0083%	4h	94.437	+0.128%	$5.0M	$30.8M	30x	as long as short
Gate HYPE_USDT	+0.0094%	4h	94.406	+0.095%	$50.3M	$56.8M	75x	as long as short
Lighter RH HYPE	+0.0096%	1h	94.438	+0.129%	$3.2M	$10.8M	20x	as long as short
Popdex HYPEUSDT	+0.0096%	1h	94.419	+0.109%	$79K	$1.2M	50x	as long as short
Katana Perps HYPE-USD	+0.0100%	8h	94.430	+0.121%	$28K	$1.7M	10x	as long as short
Nado HYPE-PERP	+0.0100%	1h	94.430	+0.120%	$7.2M	$52.9M	10x	as long as short
Hyperliquid HYPE	+0.0100%	1h	94.502	+0.198%	$2.08B	$688.1M	10x	as long as short
Aster HYPEUSDT	+0.0100%	4h	94.429	+0.120%	$8.8M	$37.1M	300x	as long as short
Pacifica HYPE	+0.0100%	1h	94.456	+0.148%	$10.2M	$15.0M	20x	as long as short
Binance HYPEUSDT	+0.0100%	4h	94.417	+0.107%	$378.6M	$933.4M	75x	as long as short
Bulk HYPE-USD	+0.0100%	1h	94.307	−0.010%	$218K	$12K	10x	as long as short
MEXC HYPE_USDT	+0.0100%	4h	94.416	+0.106%	$89.6M	$84.1M	100x	as long as short
KuCoin HYPEUSDTM	+0.0100%	4h	94.426	+0.117%	$46.9M	$18.9M	75x	as long as short
Backpack HYPE_USDC_PERP	+0.0100%	1h	94.366	+0.053%	$7.6M	$10.6M	20x	as long as short
Variational Omni HYPE	+0.0100%	8h	94.390	+0.079%	$29.6M	$54.7M	—	as long as short
GRVT HYPE_USDT_Perp	+0.0100%	4h	94.361	+0.048%	$7.6M	$45.8M	10x	as long as short
ApeX Omni HYPEUSDTlong	+0.0100%	1h	94.316	long leg	$370K	$1.0M	50x
StandX HYPE-USD	+0.0100%	1h	94.457	+0.149%	$683K	$2.6M	20x	as long as short
SunX HYPE-USDT	+0.0100%	4h	94.473	+0.166%	$32K	$1.6M	20x	as long as short
HTX HYPE-USDT	+0.0100%	4h	94.570	+0.269%	$1.4M	$6.8M	75x	as long as short
Extended HYPE-USD	+0.0104%	1h	94.407	+0.097%	$18.3M	$43.1M	50x	as long as short
Aevo HYPE-PERPshort	+0.0104%	1h	94.399	+0.088%	$399K	$154K	20x
GMX HYPE/USD [WBTC.b-USDC]	L +0.0150% / S +0.0022%	1h	94.459	+0.152%	$1.4M	—	100x	as long as short
Deribit HYPE_USDC-PERPETUAL	+0.0152%	1h	94.497	+0.192%	$7.5M	$4.3M	50x	as long as short
Injective HYPE/USDC PERP	+0.0185%	1h	94.740	+0.450%	$31K	$340K	12x	as long as short
Kraken Futures PF_HYPEUSD	+0.0223%	1h	94.452	+0.145%	$20.2M	$30.2M	50x	as long as short
RISEx HYPE/USDC	+0.0249%	1h	94.451	+0.143%	$3.2M	$6.4M	20x	as long as short
Reya HYPERUSDPERP	+0.0272%	1h	94.388	+0.077%	$85K	$120K	15x	as long as short
BloFin HYPE-USDT	+0.0340%	4h	94.465	+0.158%	$17.1M	$12.4M	75x	as long as short