data as of
Settings8H · net · $10k
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Funding arb /

HYPE

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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding spread now, next payment 18:00 UTC0.0000%/8h
paid, last 24h−0.031%paid, last 7 days−0.135%to open and close $10k−$32
Long on BackpackShort on Gate
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBackpack HYPE_USDC_PERP92.2060.0100pay 0.0013% / 1h59m 20s$8.3M$11.1M20x
ShortGate HYPE_USDT92.2870.0100get 0.0050% / 4h1h 59m$43.7M$55.1M75x

Funding history

latest
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Funding on every exchange

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latest

Profit calculator

Funding earned
$0
Slippage, 4 orders
−$7.44
Fee Backpack: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$32.44
Break-even
never at this rate
Slippage from Backpack: live order book, 1 min ago; Gate: live order book, 1 min ago.

Price risk

price view
Price gap now
+0.088%
Avg gap 7d
−0.219%
A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Backpack live order book, 1 min ago0.05 bp8.8 bp −$910.9 bp −$109272.5 bp −$27.2Kdoesn't fit
Sell Gate live order book, 1 min ago0.05 bp9.0 bp −$914.5 bp −$14530.0 bp −$3,00053.1 bp −$26.5K

HYPE on 54 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Hibachi HYPE/USDT-P−0.0872%1h$192K$228K7xas long as short
Hotstuff HYPE-PERP−0.0080%1h$3K$30725xas long as short
Kalshi KXHYPEPERP0.0000%8h$1.7M$5.0M2.3xas long as short
gTrade (Gains Network) HYPE/USDL +0.0002% / S −0.0001%1h$54K—150xas long as short
dYdX HYPE-USD+0.0006%1h$126K$26K5xas long as short
Injective HYPE/USDC PERP+0.0082%1h$21K$168K12xas long as short
Lighter HYPE+0.0096%1h$18.4M$57.1M20xas long as short
Lighter RH HYPE+0.0096%1h$3.2M$12.3M20xas long as short
Popdex HYPEUSDT+0.0096%1h$49K$1.2M50xas long as short
Orderly PERP_HYPE_USDC+0.0099%4h$190K$487K20xas long as short
Show all 54 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Katana Perps HYPE-USD+0.0100%8h$29K$1.9M10xas long as short
Nado HYPE-PERP+0.0100%1h$6.4M$43.6M10xas long as short
Hyperliquid HYPE+0.0100%1h$1.99B$645.9M10xas long as short
Aster HYPEUSDT+0.0100%4h$8.8M$35.6M300xas long as short
Pacifica HYPE+0.0100%1h$10.1M$14.4M20xas long as short
Binance HYPEUSDT+0.0100%4h$386.4M$855.5M75xas long as short
Bybit HYPEUSDT+0.0100%8h$323.6M$287.2M75xas long as short
OKX HYPE-USDT-SWAP+0.0100%8h$113.8M$311.8M50xas long as short
Ondo Perps HYPE-USD.P+0.0100%1h$692K$974K10xas long as short
Arcus HYPE-USD+0.0100%1h$1.2M$4.0M10xas long as short
Bulk HYPE-USD+0.0100%1h$201K$8K10xas long as short
Gate HYPE_USDTshort+0.0100%4h$43.7M$55.1M75x
MEXC HYPE_USDT+0.0100%4h$90.0M$81.2M100xas long as short
KuCoin HYPEUSDTM+0.0100%4h$45.7M$20.0M75xas long as short
Bitget HYPEUSDT+0.0100%4h$224.3M$101.6M75xas long as short
BingX HYPE-USDT+0.0100%4h—$54.2M—as long as short
Backpack HYPE_USDC_PERPlong+0.0100%1h$8.3M$11.1M20x
Variational Omni HYPE+0.0100%8h$28.2M$49.6M—as long as short
ApeX Omni HYPEUSDT+0.0100%1h$427K$937K50xas long as short
StandX HYPE-USD+0.0100%1h$666K$2.3M20xas long as short
Vest HYPE-PERP+0.0100%1h—$407K5xas long as short
Polymarket Perps HYPE-USD+0.0100%1h$478K$2.5M20xas long as short
Bullet HYPE-USD+0.0100%1h$110K$569K20xas long as short
Bluefin HYPE-PERP+0.0100%1h$75K$180K20xas long as short
Derive HYPE-PERP+0.0100%1h$16.2M$7.2M10xas long as short
SunX HYPE-USDT+0.0100%4h$31K$1.6M20xas long as short
SoDEX HYPE-USD+0.0100%1h$2.0M$2.0M10xas long as short
Phemex HYPEUSDT+0.0100%8h$12.5M$2.3M50xas long as short
Extended HYPE-USD+0.0104%1h$18.0M$41.0M50xas long as short
Aevo HYPE-PERP+0.0104%1h$392K$335K20xas long as short
edgeX HYPEUSDC+0.0107%4h$5.0M$28.6M30xas long as short
Paradex HYPE-USD-PERP+0.0110%8h$338K$288K20xas long as short
01 Exchange HYPEUSD+0.0152%1h$89K$319K20xas long as short
Aftermath Perps HYPEUSD+0.0182%1h$22K$30K10xas long as short
Coinbase International HYPE-PERP-INTX+0.0200%1h$4.9M$5.2M50xas long as short
Reya HYPERUSDPERP+0.0238%1h$76K$157K15xas long as short
Kraken Futures PF_HYPEUSD+0.0260%1h$16.1M$20.7M50xas long as short
BloFin HYPE-USDT+0.0340%4h$17.5M$11.9M75xas long as short
GMX HYPE/USD [WBTC.b-USDC]L +0.0341% / S −0.0166%1h$1.4M—100xas long as short
Phoenix HYPE+0.0351%1h$219K$845K10xas long as short
Perpl HYPE+0.0447%43m$27K$373K10xas long as short
RISEx HYPE/USDC+0.0569%1h$2.6M$6.6M20xas long as short
Deribit HYPE_USDC-PERPETUAL+0.0650%1h$7.3M$4.7M50xas long as short
HTX HYPE-USDT+0.0710%4h$1.5M$7.3M75xas long as short