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−0.0098%/8h= −10.7% APRpaid last 24h −0.020%
Price spread now: gTrade (Gains Network) against Binance−0.008%7-day average · you buy dearer than you sell
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: −$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance HYPEUSDT92.9740.0100pay 0.0050% / 4h3h 20m$374.1M$907.2M75x
ShortgTrade (Gains Network) HYPE/USD92.967L +0.0002% / S −0.0002%get 0.0000% / 1h20m 07s$62K150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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
−$20.54
Price spread: −0.008% → 0.000%
−$0.77
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$41.31
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: Binance: live order book, 9 min ago; gTrade (Gains Network): 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, 9 min ago0.05 bp5.6 bp −$67.2 bp −$7214.2 bp −$1,419doesn't fit
Sell gTrade (Gains Network) no order-book sample
gTrade (Gains Network): 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−0.1720%1h92.759−0.231%$194K$232K7xas long as short
Aftermath Perps HYPEUSD−0.0299%1h92.824−0.161%$22K$21K10xas long as short
Arcus HYPE-USD−0.0194%1h92.866−0.116%$1.0M$3.9M10xas long as short
Hotstuff HYPE-PERP−0.0080%1h92.882−0.099%$3K$33125xas long as short
Orderly PERP_HYPE_USDC−0.0057%4h92.954−0.021%$145K$681K20xas long as short
Bullet HYPE-USD−0.0003%1h92.929−0.048%$112K$577K20xas long as short
dYdX HYPE-USD0.0000%1h92.850−0.133%$127K$29K5xas long as short
Perpl HYPE0.0000%43m92.876−0.105%$22K$293K10xas long as short
gTrade (Gains Network) HYPE/USDshortL +0.0002% / S −0.0002%1h92.967−0.008%$62K150x
Ondo Perps HYPE-USD.P+0.0018%1h92.860−0.122%$697K$1.1M10xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
01 Exchange HYPEUSD+0.0024%1h92.923−0.055%$87K$364K20xas long as short
Phoenix HYPE+0.0026%1h92.921−0.057%$208K$1.2M10xas long as short
Bybit HYPEUSDT+0.0032%8h92.955−0.020%$316.2M$283.1M75xas long as short
Popdex HYPEUSDT+0.0040%1h92.900−0.079%$81K$1.1M50xas long as short
Bitget HYPEUSDT+0.0044%4h92.950−0.026%$225.0M$99.0M75xas long as short
Phemex HYPEUSDT+0.0049%8h92.978+0.004%$12.6M$2.7M50xas long as short
Lighter HYPE+0.0096%1h92.987+0.014%$16.0M$62.7M20xas long as short
Lighter RH HYPE+0.0096%1h93.007+0.036%$3.1M$11.6M20xas long as short
Gate HYPE_USDT+0.0096%4h92.953−0.022%$45.2M$54.5M75xas long as short
edgeX HYPEUSDC+0.0098%4h92.694−0.301%$4.9M$29.6M30xas long as short
Paradex HYPE-USD-PERP+0.0099%8h92.917−0.061%$339K$163K20xas long as short
Katana Perps HYPE-USD+0.0099%8h92.900−0.079%$39K$1.7M10xas long as short
Nado HYPE-PERP+0.0100%1h92.875−0.106%$7.4M$46.1M10xas long as short
Hyperliquid HYPE+0.0100%1h92.979+0.006%$2.02B$667.8M10xas long as short
Aster HYPEUSDT+0.0100%4h92.961−0.014%$8.7M$36.2M300xas long as short
Pacifica HYPE+0.0100%1h92.927−0.051%$10.0M$15.2M20xas long as short
Binance HYPEUSDTlong+0.0100%4h92.974long leg$374.1M$907.2M75x
OKX HYPE-USDT-SWAP+0.0100%8h92.993+0.021%$114.0M$304.8M50xas long as short
Bulk HYPE-USD+0.0100%1h92.709−0.285%$202K$13K10xas long as short
MEXC HYPE_USDT+0.0100%4h92.980+0.007%$91.5M$81.2M100xas long as short
KuCoin HYPEUSDTM+0.0100%4h92.999+0.027%$46.2M$18.5M75xas long as short
BingX HYPE-USDT+0.0100%4h92.956−0.019%$53.9Mas long as short
Backpack HYPE_USDC_PERP+0.0100%1h92.981+0.008%$7.3M$11.2M20xas long as short
Variational Omni HYPE+0.0100%8h92.839−0.145%$28.5M$57.2Mas long as short
GRVT HYPE_USDT_Perp+0.0100%4h92.808−0.178%$7.5M$46.5M10xas long as short
ApeX Omni HYPEUSDT+0.0100%1h92.725−0.268%$340K$1.0M50xas long as short
StandX HYPE-USD+0.0100%1h92.846−0.137%$668K$2.9M20xas long as short
Vest HYPE-PERP+0.0100%1h92.943−0.033%$243K5xas long as short
Polymarket Perps HYPE-USD+0.0100%1h92.935−0.042%$487K$2.7M20xas long as short
Bluefin HYPE-PERP+0.0100%1h92.978+0.004%$79K$166K20xas long as short
Derive HYPE-PERP+0.0100%1h92.950−0.026%$16.0M$7.5M10xas long as short
SunX HYPE-USDT+0.0100%4h92.921−0.057%$32K$1.6M20xas long as short
SoDEX HYPE-USD+0.0100%1h93.008+0.037%$2.0M$2.0M10xas long as short
HTX HYPE-USDT+0.0100%4h93.137+0.175%$1.4M$6.3M75xas long as short
Extended HYPE-USD+0.0104%1h92.985+0.012%$18.0M$43.6M50xas long as short
Aevo HYPE-PERP+0.0104%1h92.976+0.003%$393K$164K20xas long as short
Kalshi KXHYPEPERP+0.0121%8h92.980+0.007%$1.8M$5.4M2.3xas long as short
Coinbase International HYPE-PERP-INTX+0.0144%1h93.060+0.093%$4.7M$5.6M50xas long as short
Kraken Futures PF_HYPEUSD+0.0197%1h93.086+0.120%$20.7M$29.6M50xas long as short
Injective HYPE/USDC PERP+0.0242%1h93.150+0.189%$30K$339K12xas long as short
Reya HYPERUSDPERP+0.0266%1h92.952−0.024%$79K$131K15xas long as short
GMX HYPE/USD [WBTC.b-USDC]L +0.0331% / S −0.0154%1h92.965−0.010%$1.4M100xas long as short
BloFin HYPE-USDT+0.0340%4h92.872−0.110%$16.8M$11.6M75xas long as short
Deribit HYPE_USDC-PERPETUAL+0.0438%1h93.106+0.142%$7.5M$4.5M50xas long as short
RISEx HYPE/USDC+0.0598%1h92.959−0.016%$3.2M$6.3M20xas long as short