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

HYPE

all HYPE markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.045%
Price spread now: Arcus against BingX−0.017%7-day average −0.006% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$18as in the Price arb table
costs, in and out, $10k−$170.168% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.008%−$1 on $10k
Price spread, last 7 days+0.055%+$6 · spread now −0.017%, 7d avg −0.006%
Together, before fees+0.048%+$5 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX HYPE-USDT93.2870.0100pay 0.0050% / 4h2h 11m$54.2M
ShortArcus HYPE-USD93.2710.0100get 0.0013% / 1h11m 37s$1.2M$4.0M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Arcus against BingX. 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
$0
Price spread: −0.017% → −0.006%
−$1.08
Slippage, 4 orders
−$2.3
Fee BingX: 5 bp × 2 orders
−$10
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Net
−$17.88
Costs to cover
0.168%
Break-even
never at this rate
Slippage from BingX: live order book, 12 min ago; Arcus: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 12 min ago0.11 bp5.1 bp −$55.7 bp −$579.8 bp −$97813.4 bp −$6,694
Sell Arcus live order book, 2 min ago0.64 bp3.3 bp −$39.2 bp −$9228.4 bp −$2,836doesn't fit

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−0.0928%1h93.452+0.177%$197K$233K7xas long as short
Aftermath Perps HYPEUSD−0.0263%1h93.583+0.317%$22K$22K10xas long as short
Ondo Perps HYPE-USD.P−0.0234%1h93.410+0.132%$700K$932K10xas long as short
Hotstuff HYPE-PERP−0.0080%1h93.337+0.054%$3K$33125xas long as short
01 Exchange HYPEUSD−0.0072%1h93.305+0.019%$90K$351K20xas long as short
Derive HYPE-PERP−0.0025%1h93.309+0.024%$16.4M$7.1M10xas long as short
Bullet HYPE-USD−0.0019%1h93.364+0.083%$111K$581K20xas long as short
dYdX HYPE-USD0.0000%1h93.383+0.103%$127K$32K5xas long as short
Perpl HYPE0.0000%43m93.395+0.115%$23K$337K10xas long as short
gTrade (Gains Network) HYPE/USDL +0.0002% / S −0.0001%1h93.391+0.112%$20K150xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster HYPEUSDT+0.0011%4h93.277−0.011%$8.9M$35.8M300xas long as short
Gate HYPE_USDT+0.0024%4h93.282−0.005%$43.9M$57.6M75xas long as short
Bybit HYPEUSDT+0.0033%8h93.279−0.009%$324.8M$287.2M75xas long as short
Popdex HYPEUSDT+0.0040%1h93.2870.000%$58K$1.2M50xas long as short
Orderly PERP_HYPE_USDC+0.0057%4h93.357+0.075%$162K$541K20xas long as short
Phoenix HYPE+0.0068%1h93.605+0.341%$216K$1.2M10xas long as short
Lighter HYPE+0.0096%1h93.325+0.041%$18.6M$59.8M20xas long as short
Lighter RH HYPE+0.0096%1h93.319+0.034%$3.1M$12.4M20xas long as short
Paradex HYPE-USD-PERP+0.0099%8h93.308+0.022%$339K$170K20xas long as short
Katana Perps HYPE-USD+0.0100%8h93.320+0.035%$37K$1.6M10xas long as short
Nado HYPE-PERP+0.0100%1h93.345+0.062%$5.9M$44.1M10xas long as short
Hyperliquid HYPE+0.0100%1h93.387+0.107%$2.03B$670.9M10xas long as short
Pacifica HYPE+0.0100%1h93.307+0.021%$10.0M$14.4M20xas long as short
Binance HYPEUSDT+0.0100%4h93.281−0.006%$385.1M$889.7M75xas long as short
OKX HYPE-USDT-SWAP+0.0100%8h93.272−0.016%$114.5M$315.0M50xas long as short
Arcus HYPE-USDshort+0.0100%1h93.271−0.017%$1.2M$4.0M10x
Bulk HYPE-USD+0.0100%1h93.285−0.002%$204K$12K10xas long as short
MEXC HYPE_USDT+0.0100%4h93.281−0.006%$93.2M$82.4M100xas long as short
KuCoin HYPEUSDTM+0.0100%4h93.293+0.006%$46.2M$18.7M75xas long as short
Bitget HYPEUSDT+0.0100%4h93.299+0.013%$226.7M$102.5M75xas long as short
BingX HYPE-USDTlong+0.0100%4h93.287long leg$54.2M
Backpack HYPE_USDC_PERP+0.0100%1h93.378+0.098%$7.9M$11.7M20xas long as short
Variational Omni HYPE+0.0100%8h93.561+0.293%$29.2M$50.1Mas long as short
GRVT HYPE_USDT_Perp+0.0100%4h93.632+0.370%$7.5M$45.3M10xas long as short
ApeX Omni HYPEUSDT+0.0100%1h93.558+0.291%$406K$1.0M50xas long as short
StandX HYPE-USD+0.0100%1h93.510+0.239%$676K$2.5M20xas long as short
Vest HYPE-PERP+0.0100%1h93.415+0.137%$454K5xas long as short
Polymarket Perps HYPE-USD+0.0100%1h93.406+0.128%$493K$2.6M20xas long as short
Bluefin HYPE-PERP+0.0100%1h93.346+0.063%$76K$168K20xas long as short
SunX HYPE-USDT+0.0100%4h93.409+0.131%$32K$1.6M20xas long as short
SoDEX HYPE-USD+0.0100%1h93.328+0.044%$2.0M$2.0M10xas long as short
Phemex HYPEUSDT+0.0100%8h93.380+0.100%$12.7M$2.6M50xas long as short
Extended HYPE-USD+0.0104%1h93.271−0.017%$18.3M$41.4M50xas long as short
Aevo HYPE-PERP+0.0104%1h93.402+0.124%$397K$318K20xas long as short
Kalshi KXHYPEPERP+0.0112%8h93.442+0.166%$1.9M$5.3M2.3xas long as short
edgeX HYPEUSDC+0.0118%4h93.534+0.265%$5.1M$29.7M30xas long as short
Coinbase International HYPE-PERP-INTX+0.0208%1h93.430+0.153%$4.9M$5.7M50xas long as short
Reya HYPERUSDPERP+0.0246%1h93.348+0.065%$78K$158K15xas long as short
Injective HYPE/USDC PERP+0.0285%1h93.400+0.121%$30K$291K12xas long as short
HTX HYPE-USDT+0.0296%4h93.550+0.282%$1.5M$7.6M75xas long as short
Deribit HYPE_USDC-PERPETUAL+0.0328%1h93.457+0.182%$7.4M$4.6M50xas long as short
BloFin HYPE-USDT+0.0340%4h93.405+0.126%$17.1M$12.4M75xas long as short
GMX HYPE/USD [WBTC.b-USDC]L +0.0346% / S −0.0171%1h93.401+0.122%$1.5M100xas long as short
RISEx HYPE/USDC+0.0467%1h93.365+0.083%$2.7M$6.8M20xas long as short
Kraken Futures PF_HYPEUSD+0.0574%1h93.449+0.174%$19.1M$26.1M50xas long as short