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

HYPE

all HYPE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0402%/8h= −44.0% APRpaid last 24h −0.022%
Price spread now: Aftermath Perps against Binance+0.006%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 3 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 sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$12 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance HYPEUSDT92.8590.0100pay 0.0050% / 4h3h 28m$373.4M$905.7M75x
ShortAftermath Perps HYPEUSD92.864−0.0302pay 0.0038% / 1h28m 46s$22K$21K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aftermath Perps against Binance. 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
−$84.34
Price spread: +0.006% → 0.000%
$0.59
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Net
−$102.76
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: Binance: live order book, 15 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 Binance live order book, 15 min ago0.05 bp5.7 bp −$67.2 bp −$7213.2 bp −$1,32334.5 bp −$17.2K
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 55 venues

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−0.1544%1h92.711−0.159%$193K$230K7xas long as short
Aftermath Perps HYPEUSDshort−0.0302%1h92.864+0.006%$22K$21K10x
Arcus HYPE-USD−0.0194%1h92.849−0.011%$1.1M$3.9M10xas long as short
Hotstuff HYPE-PERP−0.0080%1h92.988+0.139%$3K$33125xas long as short
Orderly PERP_HYPE_USDC−0.0061%4h92.842−0.018%$145K$681K20xas long as short
dYdX HYPE-USD0.0000%1h92.906+0.051%$127K$29K5xas long as short
Perpl HYPE0.0000%43m92.891+0.035%$22K$295K10xas long as short
gTrade (Gains Network) HYPE/USDL +0.0002% / S −0.0002%1h92.890+0.033%$62K150xas long as short
Phoenix HYPE+0.0026%1h92.857−0.002%$210K$1.2M10xas long as short
Bullet HYPE-USD+0.0026%1h92.845−0.015%$111K$577K20xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit HYPEUSDT+0.0033%8h92.851−0.009%$315.7M$282.6M75xas long as short
Ondo Perps HYPE-USD.P+0.0036%1h92.840−0.020%$699K$1.1M10xas long as short
Phemex HYPEUSDT+0.0048%8h92.901+0.045%$12.5M$2.7M50xas long as short
01 Exchange HYPEUSD+0.0048%1h92.886+0.029%$86K$363K20xas long as short
Bitget HYPEUSDT+0.0056%4h92.855−0.004%$224.9M$99.2M75xas long as short
Popdex HYPEUSDT+0.0072%1h92.868+0.010%$70K$1.1M50xas long as short
Lighter HYPE+0.0096%1h92.875+0.018%$16.0M$62.6M20xas long as short
Lighter RH HYPE+0.0096%1h92.886+0.029%$3.1M$11.6M20xas long as short
edgeX HYPEUSDC+0.0097%4h92.935+0.082%$4.9M$29.6M30xas long as short
Paradex HYPE-USD-PERP+0.0097%8h92.922+0.067%$339K$163K20xas long as short
Katana Perps HYPE-USD+0.0099%8h92.870+0.012%$34K$1.7M10xas long as short
Nado HYPE-PERP+0.0100%1h92.880+0.023%$7.4M$46.1M10xas long as short
Hyperliquid HYPE+0.0100%1h92.907+0.052%$2.02B$666.6M10xas long as short
Aster HYPEUSDT+0.0100%4h92.867+0.009%$8.7M$36.1M300xas long as short
Pacifica HYPE+0.0100%1h92.902+0.046%$10.0M$15.2M20xas long as short
Binance HYPEUSDTlong+0.0100%4h92.859long leg$373.4M$905.7M75x
OKX HYPE-USDT-SWAP+0.0100%8h92.8590.000%$113.9M$304.1M50xas long as short
Gate HYPE_USDT+0.0100%4h92.853−0.006%$45.0M$54.2M75xas long as short
MEXC HYPE_USDT+0.0100%4h92.850−0.010%$91.4M$81.0M100xas long as short
KuCoin HYPEUSDTM+0.0100%4h92.849−0.011%$46.1M$18.4M75xas long as short
BingX HYPE-USDT+0.0100%4h92.858−0.001%$54.0Mas long as short
Backpack HYPE_USDC_PERP+0.0100%1h92.879+0.022%$7.2M$11.3M20xas long as short
Variational Omni HYPE+0.0100%8h92.959+0.107%$28.6M$57.4Mas long as short
GRVT HYPE_USDT_Perp+0.0100%4h93.003+0.155%$7.5M$46.6M10xas long as short
ApeX Omni HYPEUSDT+0.0100%1h92.975+0.125%$341K$1.0M50xas long as short
StandX HYPE-USD+0.0100%1h92.929+0.075%$668K$2.9M20xas long as short
Vest HYPE-PERP+0.0100%1h92.930+0.077%$243K5xas long as short
Polymarket Perps HYPE-USD+0.0100%1h92.910+0.055%$471K$2.6M20xas long as short
Bluefin HYPE-PERP+0.0100%1h92.864+0.005%$79K$167K20xas long as short
Derive HYPE-PERP+0.0100%1h92.847−0.013%$16.0M$7.5M10xas long as short
SunX HYPE-USDT+0.0100%4h92.942+0.089%$32K$1.6M20xas long as short
SoDEX HYPE-USD+0.0100%1h92.864+0.005%$2.0M$2.0M10xas long as short
HTX HYPE-USDT+0.0100%4h93.005+0.157%$1.4M$6.3M75xas long as short
Bulk HYPE-USD+0.0100%1h92.770−0.096%$202K$13K10xas long as short
Extended HYPE-USD+0.0104%1h92.829−0.033%$18.0M$43.6M50xas long as short
Aevo HYPE-PERP+0.0104%1h92.847−0.013%$393K$164K20xas long as short
Coinbase International HYPE-PERP-INTX+0.0144%1h93.040+0.195%$4.7M$5.6M50xas long as short
Kalshi KXHYPEPERP+0.0175%8h92.939+0.086%$1.8M$5.4M2.3xas long as short
Kraken Futures PF_HYPEUSD+0.0197%1h92.925+0.071%$20.6M$30.5M50xas long as short
Injective HYPE/USDC PERP+0.0242%1h92.790−0.074%$30K$339K12xas long as short
Reya HYPERUSDPERP+0.0265%1h92.865+0.006%$79K$131K15xas long as short
GMX HYPE/USD [WBTC.b-USDC]L +0.0331% / S −0.0154%1h92.885+0.028%$1.4M100xas long as short
BloFin HYPE-USDT+0.0340%4h92.881+0.024%$16.8M$11.6M75xas long as short
Deribit HYPE_USDC-PERPETUAL+0.0364%1h92.948+0.096%$7.5M$4.5M50xas long as short
RISEx HYPE/USDC+0.0598%1h92.939+0.086%$3.2M$6.4M20xas long as short