Funding you earn now, next payment 22:00 UTC−0.0180%/8h= −19.7% APRnext payment −$0.23 per $10,000 · paid last 24h −0.052%
Price spread now: Hotstuff against ApeX Omni−0.110%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Hotstuff is 0.110% cheaper against ApeX Omni than usual: you would sell low and buy high (−$11 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni HYPEUSDT | 93.323 | 0.0100 | pay 0.0013% / 1h | 4m 44s | $405K | $1.0M | 50x |
| Short | Hotstuff HYPE-PERP | 93.220 | −0.0080 | pay 0.0010% / 1h | 4m 44s | $3K | $331 | 25x |
ApeX Omni HYPEUSDT
Hotstuff HYPE-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hotstuff 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$37.8
- Price spread: −0.110% → 0.000%
- −$11.04
- Slippage, 4 orders
- no order book: not counted
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Hotstuff: 2.5 bp × 2 orders
- −$5
- Net
- −$63.84
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: ApeX Omni: live order book, 4 min ago; Hotstuff: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy ApeX Omni live order book, 4 min ago | 4.56 bp | 9.8 bp −$10 | 12.4 bp −$124 | doesn't fit | doesn't fit |
| Sell Hotstuff no order-book sample | — | — | — | — | — |
Hotstuff: 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hibachi HYPE/USDT-P | −0.0840% | 1h | 93.256 | −0.072% | $197K | $233K | 7x | as long as short |
| Aftermath Perps HYPEUSD | −0.0259% | 1h | 93.348 | +0.027% | $22K | $22K | 10x | as long as short |
| Ondo Perps HYPE-USD.P | −0.0230% | 1h | 93.210 | −0.121% | $700K | $934K | 10x | as long as short |
| 01 Exchange HYPEUSD | −0.0080% | 1h | 93.258 | −0.070% | $90K | $359K | 20x | as long as short |
| Hotstuff HYPE-PERPshort | −0.0080% | 1h | 93.220 | −0.110% | $3K | $331 | 25x | |
| Bullet HYPE-USD | −0.0042% | 1h | 93.206 | −0.125% | $111K | $580K | 20x | as long as short |
| Derive HYPE-PERP | −0.0035% | 1h | 93.193 | −0.140% | $16.3M | $7.1M | 10x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 93.280 | −0.046% | $127K | $32K | 5x | as long as short |
| Kalshi KXHYPEPERP | 0.0000% | 8h | 93.300 | −0.025% | $1.9M | $5.3M | 2.3x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 93.245 | −0.083% | $23K | $335K | 10x | as long as short |
Hibachi HYPE/USDT-P
Aftermath Perps HYPEUSD
Ondo Perps HYPE-USD.P
01 Exchange HYPEUSD
Bullet HYPE-USD
Derive HYPE-PERP
dYdX HYPE-USD
Kalshi KXHYPEPERP
Perpl HYPEShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0001% | 1h | 93.282 | −0.044% | $20K | — | 150x | as long as short |
| Aster HYPEUSDT | +0.0009% | 4h | 93.264 | −0.063% | $8.9M | $35.8M | 300x | as long as short |
| Gate HYPE_USDT | +0.0028% | 4h | 93.260 | −0.068% | $43.9M | $57.8M | 75x | as long as short |
| Bybit HYPEUSDT | +0.0030% | 8h | 93.260 | −0.068% | $324.8M | $287.1M | 75x | as long as short |
| Popdex HYPEUSDT | +0.0032% | 1h | 93.240 | −0.089% | $56K | $1.2M | 50x | as long as short |
| Orderly PERP_HYPE_USDC | +0.0052% | 4h | 93.261 | −0.066% | $166K | $539K | 20x | as long as short |
| Phoenix HYPE | +0.0068% | 1h | 93.279 | −0.047% | $215K | $1.2M | 10x | as long as short |
| Vest HYPE-PERP | +0.0082% | 1h | 93.259 | −0.068% | — | $454K | 5x | as long as short |
| SoDEX HYPE-USD | +0.0084% | 1h | 93.243 | −0.086% | $2.0M | $2.0M | 10x | as long as short |
| Bluefin HYPE-PERP | +0.0096% | 1h | 93.269 | −0.058% | $76K | $168K | 20x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 93.288 | −0.037% | $18.6M | $60.0M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 93.272 | −0.055% | $3.1M | $12.4M | 20x | as long as short |
| Paradex HYPE-USD-PERP | +0.0099% | 8h | 93.234 | −0.095% | $339K | $170K | 20x | as long as short |
| Katana Perps HYPE-USD | +0.0100% | 8h | 93.280 | −0.046% | $36K | $1.6M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 93.243 | −0.086% | $5.9M | $44.1M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 93.325 | +0.002% | $2.03B | $671.3M | 10x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 93.239 | −0.090% | $10.0M | $14.4M | 20x | as long as short |
| Binance HYPEUSDT | +0.0100% | 4h | 93.271 | −0.056% | $384.9M | $889.3M | 75x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0100% | 8h | 93.253 | −0.075% | $114.6M | $314.6M | 50x | as long as short |
| Arcus HYPE-USD | +0.0100% | 1h | 93.206 | −0.125% | $1.2M | $4.0M | 10x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 93.285 | −0.041% | $204K | $12K | 10x | as long as short |
| MEXC HYPE_USDT | +0.0100% | 4h | 93.291 | −0.034% | $93.1M | $82.5M | 100x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 93.293 | −0.032% | $46.2M | $18.8M | 75x | as long as short |
| Bitget HYPEUSDT | +0.0100% | 4h | 93.281 | −0.045% | $226.6M | $102.6M | 75x | as long as short |
| BingX HYPE-USDT | +0.0100% | 4h | 93.261 | −0.066% | — | $54.2M | — | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 93.289 | −0.036% | $7.9M | $11.7M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 93.211 | −0.120% | $29.0M | $50.3M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 93.304 | −0.021% | $7.5M | $45.2M | 10x | as long as short |
| ApeX Omni HYPEUSDTlong | +0.0100% | 1h | 93.323 | long leg | $405K | $1.0M | 50x | |
| StandX HYPE-USD | +0.0100% | 1h | 93.270 | −0.057% | $674K | $2.5M | 20x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 93.265 | −0.062% | $492K | $2.6M | 20x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 93.290 | −0.035% | $32K | $1.6M | 20x | as long as short |
| Phemex HYPEUSDT | +0.0100% | 8h | 93.254 | −0.074% | $12.7M | $2.6M | 50x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 93.258 | −0.070% | $18.4M | $41.7M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0104% | 1h | 93.257 | −0.071% | $397K | $318K | 20x | as long as short |
| edgeX HYPEUSDC | +0.0113% | 4h | 93.268 | −0.059% | $5.1M | $29.4M | 30x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0208% | 1h | 93.260 | −0.068% | $4.9M | $5.7M | 50x | as long as short |
| Reya HYPERUSDPERP | +0.0246% | 1h | 93.242 | −0.086% | $78K | $158K | 15x | as long as short |
| Injective HYPE/USDC PERP | +0.0285% | 1h | 93.910 | +0.629% | $31K | $291K | 12x | as long as short |
| HTX HYPE-USDT | +0.0295% | 4h | 93.433 | +0.118% | $1.5M | $7.6M | 75x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0339% / S −0.0165% | 1h | 93.277 | −0.050% | $1.4M | — | 100x | as long as short |
| BloFin HYPE-USDT | +0.0340% | 4h | 93.244 | −0.085% | $17.1M | $12.4M | 75x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0350% | 1h | 93.360 | +0.040% | $7.4M | $4.6M | 50x | as long as short |
| RISEx HYPE/USDC | +0.0467% | 1h | 93.307 | −0.018% | $2.8M | $6.8M | 20x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0574% | 1h | 93.404 | +0.087% | $19.5M | $26.6M | 50x | as long as short |
gTrade (Gains Network) HYPE/USD
Aster HYPEUSDT
Gate HYPE_USDT
Bybit HYPEUSDT
Popdex HYPEUSDT
Orderly PERP_HYPE_USDC
Phoenix HYPE
Vest HYPE-PERP
SoDEX HYPE-USD
Bluefin HYPE-PERP
Lighter HYPE
Lighter RH HYPE
Paradex HYPE-USD-PERP
Katana Perps HYPE-USD
Nado HYPE-PERP
Hyperliquid HYPE
Pacifica HYPE
Binance HYPEUSDT
OKX HYPE-USDT-SWAP
Arcus HYPE-USD
Bulk HYPE-USD
MEXC HYPE_USDT
KuCoin HYPEUSDTM
Bitget HYPEUSDT
BingX HYPE-USDT
Backpack HYPE_USDC_PERP
Variational Omni HYPE
GRVT HYPE_USDT_Perp
StandX HYPE-USD
Polymarket Perps HYPE-USD
SunX HYPE-USDT
Phemex HYPEUSDT
Extended HYPE-USD
Aevo HYPE-PERP
edgeX HYPEUSDC
Coinbase International HYPE-PERP-INTX
Reya HYPERUSDPERP
Injective HYPE/USDC PERP
HTX HYPE-USDT
GMX HYPE/USD [WBTC.b-USDC]
BloFin HYPE-USDT
Deribit HYPE_USDC-PERPETUAL
RISEx HYPE/USDC
Kraken Futures PF_HYPEUSD