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

HYPE

all HYPE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC−0.0235%/8h= −25.8% APRnext payment $0.29 per $10,000 · paid last 24h −0.057%
Price spread now: Aftermath Perps against ApeX Omni+0.054%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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. Aftermath Perps is 0.054% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.054% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 19 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni HYPEUSDT95.1910.0100pay 0.0013% / 1h54m 40s$347K$883K50x
ShortAftermath Perps HYPEUSD95.243−0.0135pay 0.0017% / 1h54m 40s$22K$17K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aftermath Perps 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

Funding earned
−$49.39
Price spread: +0.054% → 0.000%
$5.45
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Net
−$62.94
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: ApeX Omni: live order book, 52 min ago; Aftermath Perps: no order-book sample. 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 ApeX Omni live order book, 52 min ago4.84 bp10.5 bp −$1014.1 bp −$141doesn't fitdoesn't fit
Sell Aftermath Perps no order-book sample
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 exchanges

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−0.1272%1h95.275+0.088%$213K$261K7xas long as short
Phemex HYPEUSDT−0.0287%8h95.237+0.048%$13.0M$2.5M50xas long as short
Kraken Futures PF_HYPEUSD−0.0251%1h95.269+0.082%$18.6M$35.2M50xas long as short
Bullet HYPE-USD−0.0140%1h95.274+0.088%$114K$582K20xas long as short
Aftermath Perps HYPEUSDshort−0.0135%1h95.243+0.054%$22K$17K10x
Arcus HYPE-USD−0.0130%1h95.220+0.030%$1.1M$2.4M10xas long as short
Ondo Perps HYPE-USD.P−0.0124%1h95.160−0.033%$690K$1.3M10xas long as short
Hotstuff HYPE-PERP−0.0080%1h95.1910.000%$3K$33125xas long as short
Gate HYPE_USDT−0.0072%4h95.229+0.040%$54.7M$53.1M75xas long as short
01 Exchange HYPEUSD−0.0064%1h95.282+0.096%$92K$346K20xas long as short
Show all 54 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International HYPE-PERP-INTX−0.0056%1h95.260+0.072%$4.7M$5.6M50xas long as short
Lighter HYPE−0.0048%1h95.219+0.029%$16.3M$57.5M20xas long as short
Orderly PERP_HYPE_USDC−0.0040%4h95.227+0.038%$148K$643K20xas long as short
Aster HYPEUSDT−0.0028%4h95.231+0.042%$9.0M$32.9M300xas long as short
OKX HYPE-USDT-SWAP−0.0010%8h95.215+0.025%$119.3M$303.3M50xas long as short
dYdX HYPE-USD0.0000%1h95.259+0.072%$129K$94K5xas long as short
Perpl HYPE0.0000%43m95.296+0.110%$24K$254K10xas long as short
gTrade (Gains Network) HYPE/USDL +0.0002% / S −0.0001%1h95.309+0.124%$100K150xas long as short
Phoenix HYPE+0.0017%1h95.333+0.149%$201K$1.1M10xas long as short
Bitget HYPEUSDT+0.0020%4h95.234+0.045%$228.9M$86.9M75xas long as short
Deribit HYPE_USDC-PERPETUAL+0.0023%1h95.345+0.162%$7.5M$4.3M50xas long as short
Bybit HYPEUSDT+0.0032%8h95.231+0.042%$320.9M$266.6M75xas long as short
Popdex HYPEUSDT+0.0040%1h95.275+0.088%$274K$1.0M50xas long as short
Bulk HYPE-USD+0.0074%1h95.269+0.082%$232K$12K10xas long as short
Paradex HYPE-USD-PERP+0.0075%8h95.235+0.046%$340K$35K20xas long as short
Vest HYPE-PERP+0.0083%1h95.329+0.145%$80K5xas long as short
edgeX HYPEUSDC+0.0092%4h95.253+0.065%$5.1M$29.1M30xas long as short
MEXC HYPE_USDT+0.0094%4h95.223+0.034%$90.7M$83.0M100xas long as short
Binance HYPEUSDT+0.0096%4h95.229+0.040%$382.9M$856.1M75xas long as short
Lighter RH HYPE+0.0096%1h95.244+0.056%$3.3M$10.0M20xas long as short
Katana Perps HYPE-USD+0.0099%8h95.200+0.009%$39K$1.5M10xas long as short
Nado HYPE-PERP+0.0100%1h95.265+0.078%$7.3M$51.9M10xas long as short
Pacifica HYPE+0.0100%1h95.255+0.067%$10.3M$13.3M20xas long as short
KuCoin HYPEUSDTM+0.0100%4h95.231+0.042%$48.1M$17.6M75xas long as short
BingX HYPE-USDT+0.0100%4h95.235+0.046%$48.7Mas long as short
Backpack HYPE_USDC_PERP+0.0100%1h95.305+0.120%$7.9M$10.4M20xas long as short
Variational Omni HYPE+0.0100%8h95.251+0.063%$30.0M$53.1Mas long as short
GRVT HYPE_USDT_Perp+0.0100%4h95.301+0.116%$7.7M$39.8M10xas long as short
ApeX Omni HYPEUSDTlong+0.0100%1h95.191long leg$347K$883K50x
StandX HYPE-USD+0.0100%1h95.269+0.082%$693K$2.8M20xas long as short
Polymarket Perps HYPE-USD+0.0100%1h95.296+0.110%$504K$2.5M20xas long as short
Bluefin HYPE-PERP+0.0100%1h95.262+0.075%$79K$136K20xas long as short
SunX HYPE-USDT+0.0100%4h95.350+0.167%$33K$1.4M20xas long as short
SoDEX HYPE-USD+0.0100%1h95.260+0.072%$2.1M$373K10xas long as short
HTX HYPE-USDT+0.0100%4h95.379+0.197%$1.4M$5.4M75xas long as short
Extended HYPE-USD+0.0104%1h95.194+0.003%$18.4M$39.8M50xas long as short
Aevo HYPE-PERP+0.0104%1h95.256+0.068%$403K$130K20xas long as short
Hyperliquid HYPE+0.0119%1h95.337+0.153%$2.11B$645.2M10xas long as short
Kalshi KXHYPEPERP+0.0123%8h95.315+0.130%$1.8M$5.1M2.3xas long as short
RISEx HYPE/USDC+0.0133%1h95.261+0.074%$3.2M$5.5M20xas long as short
Reya HYPERUSDPERP+0.0270%1h95.233+0.044%$85K$100K15xas long as short
GMX HYPE/USD [WBTC.b-USDC]L +0.0331% / S −0.0155%1h95.293+0.107%$1.4M100xas long as short
BloFin HYPE-USDT+0.0338%4h95.266+0.079%$17.3M$11.5M75xas long as short
Injective HYPE/USDC PERP+0.0969%1h95.400+0.220%$31K$334K12xas long as short