HYPE

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0092%/8h= +10.0% APRnext payment +$0.46 per $10,000 · paid last 24h +0.006%

Price spread now: KuCoin against Aster+0.015%7-day average +0.010% · you sell dearer than you buy

Net, funding: paid 7d − costs−$26as in the Funding arb table

Net, price: spread back to 7d avg − costs−$29as in the Price arb table

costs, in and out, $10k−$290.294% of the position

Long on Aster Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.029%+$3 on $10k

Price spread, last 7 days−0.007%−$1 · spread now +0.015%, 7d avg +0.010%

Together, before fees+0.022%+ Points / potential airdropAster: Stage 5 · farm board+$2 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.010%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster HYPEUSDT	93.440	0.0008	pay 0.0004% / 4h	1h 05m	$8.9M	$35.7M	300x
Short	KuCoin HYPEUSDTM	93.454	0.0100	get 0.0050% / 4h	1h 05m	$47.1M	$18.4M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Aster. 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 AsterbpFee KuCoinbpOrdersPrice spread, now +0.015%Rate

Funding earned: $19.23
Price spread: +0.015% → +0.010%: $0.46
Slippage, 4 orders: −$9.41
Fee Aster: 4 bp × 2 orders: −$8
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$9.72
Costs to cover: 0.294%
Break-even: 10.5 days

Slippage from Aster: live order book, 4 min ago; KuCoin: live order book, 4 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 Aster live order book, 4 min ago	0.70 bp	4.7 bp −$5	4.9 bp −$49	10.2 bp −$1,019	doesn't fit
Sell KuCoin live order book, 4 min ago	0.48 bp	10.3 bp −$10	14.0 bp −$140	doesn't fit	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
Aftermath Perps HYPEUSD	−0.0477%	1h	93.324	−0.124%	$22K	$22K	10x	as long as short
Hibachi HYPE/USDT-P	−0.0416%	1h	93.238	−0.216%	$197K	$229K	7x	as long as short
Arcus HYPE-USD	−0.0131%	1h	93.366	−0.079%	$1.2M	$3.9M	10x	as long as short
Ondo Perps HYPE-USD.P	−0.0129%	1h	93.380	−0.064%	$699K	$896K	10x	as long as short
Hotstuff HYPE-PERP	−0.0080%	1h	93.431	−0.010%	$3K	$331	25x	as long as short
01 Exchange HYPEUSD	−0.0024%	1h	93.465	+0.027%	$91K	$358K	20x	as long as short
dYdX HYPE-USD	0.0000%	1h	93.390	−0.054%	$127K	$32K	5x	as long as short
Perpl HYPE	0.0000%	43m	93.408	−0.034%	$23K	$330K	10x	as long as short
gTrade (Gains Network) HYPE/USD	L +0.0002% / S −0.0002%	1h	93.463	+0.025%	$27K	—	150x	as long as short
Popdex HYPEUSDT	+0.0008%	1h	93.435	−0.005%	$58K	$1.2M	50x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster HYPEUSDTlong	+0.0008%	4h	93.440	long leg	$8.9M	$35.7M	300x
Orderly PERP_HYPE_USDC	+0.0016%	4h	93.429	−0.012%	$176K	$524K	20x	as long as short
Bybit HYPEUSDT	+0.0020%	8h	93.421	−0.020%	$323.6M	$281.6M	75x	as long as short
Phoenix HYPE	+0.0034%	1h	93.456	+0.017%	$214K	$1.2M	10x	as long as short
Bullet HYPE-USD	+0.0056%	1h	93.432	−0.009%	$112K	$577K	20x	as long as short
MEXC HYPE_USDT	+0.0060%	4h	93.440	0.000%	$90.3M	$82.4M	100x	as long as short
Binance HYPEUSDT	+0.0061%	4h	93.443	+0.003%	$383.5M	$885.9M	75x	as long as short
Derive HYPE-PERP	+0.0061%	1h	93.381	−0.063%	$16.3M	$7.0M	10x	as long as short
Gate HYPE_USDT	+0.0062%	4h	93.423	−0.018%	$44.1M	$58.9M	75x	as long as short
edgeX HYPEUSDC	+0.0063%	4h	93.210	−0.247%	$5.1M	$29.6M	30x	as long as short
Lighter HYPE	+0.0096%	1h	93.475	+0.037%	$18.6M	$59.0M	20x	as long as short
Lighter RH HYPE	+0.0096%	1h	93.459	+0.020%	$3.1M	$12.2M	20x	as long as short
Aevo HYPE-PERP	+0.0096%	1h	93.434	−0.007%	$397K	$318K	20x	as long as short
Paradex HYPE-USD-PERP	+0.0099%	8h	93.443	+0.003%	$339K	$170K	20x	as long as short
Katana Perps HYPE-USD	+0.0100%	8h	93.440	0.000%	$35K	$1.6M	10x	as long as short
Nado HYPE-PERP	+0.0100%	1h	93.434	−0.006%	$5.9M	$44.1M	10x	as long as short
Hyperliquid HYPE	+0.0100%	1h	93.463	+0.025%	$2.03B	$661.7M	10x	as long as short
Pacifica HYPE	+0.0100%	1h	93.466	+0.028%	$10.1M	$14.5M	20x	as long as short
OKX HYPE-USDT-SWAP	+0.0100%	8h	93.430	−0.011%	$114.2M	$312.6M	50x	as long as short
KuCoin HYPEUSDTMshort	+0.0100%	4h	93.454	+0.015%	$47.1M	$18.4M	75x
Bitget HYPEUSDT	+0.0100%	4h	93.450	+0.011%	$226.7M	$102.6M	75x	as long as short
BingX HYPE-USDT	+0.0100%	4h	93.438	−0.002%	—	$53.8M	—	as long as short
Backpack HYPE_USDC_PERP	+0.0100%	1h	93.435	−0.005%	$7.9M	$10.6M	20x	as long as short
Variational Omni HYPE	+0.0100%	8h	93.212	−0.244%	$30.8M	$51.9M	—	as long as short
GRVT HYPE_USDT_Perp	+0.0100%	4h	93.317	−0.131%	$7.5M	$45.6M	10x	as long as short
ApeX Omni HYPEUSDT	+0.0100%	1h	93.209	−0.247%	$415K	$1.0M	50x	as long as short
StandX HYPE-USD	+0.0100%	1h	93.230	−0.225%	$674K	$2.5M	20x	as long as short
Vest HYPE-PERP	+0.0100%	1h	93.454	+0.015%	—	$454K	5x	as long as short
Polymarket Perps HYPE-USD	+0.0100%	1h	93.463	+0.025%	$494K	$2.5M	20x	as long as short
Bluefin HYPE-PERP	+0.0100%	1h	93.437	−0.003%	$76K	$166K	20x	as long as short
SunX HYPE-USDT	+0.0100%	4h	93.482	+0.045%	$32K	$1.6M	20x	as long as short
SoDEX HYPE-USD	+0.0100%	1h	93.417	−0.025%	$2.0M	$2.0M	10x	as long as short
Phemex HYPEUSDT	+0.0100%	8h	93.384	−0.060%	$12.7M	$2.6M	50x	as long as short
Bulk HYPE-USD	+0.0100%	1h	93.280	−0.171%	$204K	$8K	10x	as long as short
Extended HYPE-USD	+0.0104%	1h	93.412	−0.030%	$18.2M	$41.6M	50x	as long as short
Kalshi KXHYPEPERP	+0.0117%	8h	93.481	+0.044%	$1.9M	$5.2M	2.3x	as long as short
Coinbase International HYPE-PERP-INTX	+0.0176%	1h	93.490	+0.053%	$4.9M	$5.7M	50x	as long as short
HTX HYPE-USDT	+0.0220%	4h	93.588	+0.158%	$1.5M	$7.7M	75x	as long as short
Injective HYPE/USDC PERP	+0.0239%	1h	93.530	+0.096%	$30K	$338K	12x	as long as short
BloFin HYPE-USDT	+0.0243%	4h	93.225	−0.230%	$16.9M	$12.4M	75x	as long as short
Reya HYPERUSDPERP	+0.0248%	1h	93.436	−0.004%	$77K	$159K	15x	as long as short
RISEx HYPE/USDC	+0.0280%	1h	93.485	+0.048%	$2.7M	$6.8M	20x	as long as short
GMX HYPE/USD [WBTC.b-USDC]	L +0.0340% / S −0.0165%	1h	93.464	+0.026%	$1.4M	—	100x	as long as short
Deribit HYPE_USDC-PERPETUAL	+0.0371%	1h	93.517	+0.082%	$7.4M	$4.5M	50x	as long as short
Kraken Futures PF_HYPEUSD	+0.0464%	1h	93.534	+0.101%	$20.9M	$28.9M	50x	as long as short