HYPE

Alert

Funding spread now, next payment 17:00 UTC0.0000%/8h

next payment, per $10,000+$0.00paid, last 24h−0.002%paid, last 7 days−0.149%to open and closeno order book

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Backpack HYPE_USDC_PERP	92.604	0.0100	pay 0.0013% / 1h	32m 26s	$8.4M	$9.9M	20x
Short	Pacifica HYPE	92.547	0.0100	get 0.0013% / 1h	32m 26s	$11.2M	$12.3M	20x

Funding history

latest

Range statsloading…

Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee BackpackbpFee PacificabpOrdersRate

Funding earned: $0
Slippage, 4 orders: no order book: not counted
Fee Backpack: 5 bp × 2 orders: −$10
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$18
Break-even: never at this rate

Slippage unknown: Backpack: live order book, 3 min ago; Pacifica: live order book, 3 min ago. Net counts fees only.

Price risk

price view

Price gap now: −0.062%
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 days Backtest 30 days Backtest 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Backpack live order book, 3 min ago	0.05 bp	5.7 bp −$6	7.9 bp −$79	85.0 bp −$8,503	doesn't fit
Sell Pacifica live order book, 3 min ago	0.38 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit

HYPE on 54 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Hotstuff HYPE-PERP	−0.0080%	1h	$3K	$307	25x	as long as short
Orderly PERP_HYPE_USDC	−0.0025%	4h	$169K	$381K	20x	as long as short
gTrade (Gains Network) HYPE/USD	L +0.0002% / S −0.0001%	1h	$54K	—	150x	as long as short
dYdX HYPE-USD	+0.0038%	1h	$126K	$26K	5x	as long as short
BingX HYPE-USDT	+0.0040%	4h	—	$52.0M	—	as long as short
OKX HYPE-USDT-SWAP	+0.0073%	8h	$114.6M	$310.7M	50x	as long as short
Lighter RH HYPE	+0.0096%	1h	$3.2M	$12.0M	20x	as long as short
Popdex HYPEUSDT	+0.0096%	1h	$135K	$1.1M	50x	as long as short
Katana Perps HYPE-USD	+0.0100%	8h	$40K	$1.8M	10x	as long as short
Nado HYPE-PERP	+0.0100%	1h	$5.5M	$43.0M	10x	as long as short

Show all 54 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Hyperliquid HYPE	+0.0100%	1h	$1.99B	$616.5M	10x	as long as short
Aster HYPEUSDT	+0.0100%	4h	$8.8M	$35.5M	300x	as long as short
Pacifica HYPEshort	+0.0100%	1h	$11.2M	$12.3M	20x
Binance HYPEUSDT	+0.0100%	4h	$390.0M	$846.2M	75x	as long as short
Bybit HYPEUSDT	+0.0100%	8h	$323.3M	$285.6M	75x	as long as short
Ondo Perps HYPE-USD.P	+0.0100%	1h	$696K	$980K	10x	as long as short
Arcus HYPE-USD	+0.0100%	1h	$1.2M	$4.2M	10x	as long as short
Bulk HYPE-USD	+0.0100%	1h	$210K	$10K	10x	as long as short
Gate HYPE_USDT	+0.0100%	4h	$43.9M	$54.1M	75x	as long as short
MEXC HYPE_USDT	+0.0100%	4h	$92.9M	$86.9M	100x	as long as short
KuCoin HYPEUSDTM	+0.0100%	4h	$44.8M	$19.7M	75x	as long as short
Bitget HYPEUSDT	+0.0100%	4h	$227.0M	$101.4M	75x	as long as short
Backpack HYPE_USDC_PERPlong	+0.0100%	1h	$8.4M	$9.9M	20x
Variational Omni HYPE	+0.0100%	8h	$29.5M	$50.5M	—	as long as short
ApeX Omni HYPEUSDT	+0.0100%	1h	$427K	$957K	50x	as long as short
StandX HYPE-USD	+0.0100%	1h	$664K	$2.2M	20x	as long as short
Vest HYPE-PERP	+0.0100%	1h	—	$407K	5x	as long as short
Polymarket Perps HYPE-USD	+0.0100%	1h	$465K	$2.4M	20x	as long as short
Bullet HYPE-USD	+0.0100%	1h	$111K	$579K	20x	as long as short
Derive HYPE-PERP	+0.0100%	1h	$16.3M	$7.2M	10x	as long as short
SunX HYPE-USDT	+0.0100%	4h	$31K	$1.6M	20x	as long as short
SoDEX HYPE-USD	+0.0100%	1h	$2.0M	$2.0M	10x	as long as short
Phemex HYPEUSDT	+0.0100%	8h	$12.5M	$2.3M	50x	as long as short
edgeX HYPEUSDC	+0.0100%	4h	$5.1M	$28.6M	30x	as long as short
Extended HYPE-USD	+0.0104%	1h	$18.2M	$41.9M	50x	as long as short
Aevo HYPE-PERP	+0.0104%	1h	$394K	$340K	20x	as long as short
Perpl HYPE	+0.0112%	43m	$31K	$349K	10x	as long as short
Kalshi KXHYPEPERP	+0.0121%	8h	$1.7M	$4.8M	2.3x	as long as short
Paradex HYPE-USD-PERP	+0.0126%	8h	$335K	$287K	20x	as long as short
01 Exchange HYPEUSD	+0.0152%	1h	$90K	$322K	20x	as long as short
Coinbase International HYPE-PERP-INTX	+0.0152%	1h	$4.9M	$5.4M	50x	as long as short
Lighter HYPE	+0.0176%	1h	$18.2M	$57.0M	20x	as long as short
Reya HYPERUSDPERP	+0.0229%	1h	$73K	$166K	15x	as long as short
Aftermath Perps HYPEUSD	+0.0305%	1h	$22K	$34K	10x	as long as short
BloFin HYPE-USDT	+0.0340%	4h	$17.5M	$12.3M	75x	as long as short
GMX HYPE/USD [WBTC.b-USDC]	L +0.0351% / S −0.0173%	1h	$1.5M	—	100x	as long as short
Injective HYPE/USDC PERP	+0.0356%	1h	$23K	$256K	12x	as long as short
Phoenix HYPE	+0.0386%	1h	$294K	$1.0M	10x	as long as short
Kraken Futures PF_HYPEUSD	+0.0412%	1h	$16.3M	$20.8M	50x	as long as short
Deribit HYPE_USDC-PERPETUAL	+0.0420%	1h	$7.4M	$4.7M	50x	as long as short
Hibachi HYPE/USDT-P	+0.0440%	1h	$194K	$231K	7x	as long as short
RISEx HYPE/USDC	+0.0620%	1h	$2.5M	$7.3M	20x	as long as short
HTX HYPE-USDT	+0.0721%	4h	$1.5M	$7.0M	75x	as long as short
Bluefin HYPE-PERP	+0.5611%	1h	$73K	$189K	20x	as long as short