Funding you earn now, next payment 08:00 UTC−0.0242%/8h= −26.5% APRnext payment −$1.21 per $10,000 · paid last 24h −0.065%
Price spread now: edgeX against BloFin+0.062%7-day average −0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$71as in the Funding arb table
Net, price: spread back to 7d avg − costs−$17as in the Price arb table
costs, in and out, $10k−$240.238% of the position
Funding, last 7 days−0.469%−$47 on $10k
+Price spread, last 4 days (all we have)−0.083%−$8 · spread now +0.062%, 7d avg −0.010%
=Together, before fees−0.552%+ Points / potential airdropedgeX: Active · farm board−$55 on $10k · with fees, hour by hour
The price spread pays, funding is against you. edgeX is 0.071% dearer against BloFin than usual: you sell high and buy low (spread +0.062% now, against its 7-day average of −0.010%): +$7 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 24 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin HYPE-USDT | 94.285 | 0.0340 | pay 0.0170% / 4h | 2h 02m | $16.8M | $12.3M | 75x |
| Short | edgeX HYPEUSDC | 94.343 | 0.0098 | get 0.0049% / 4h | 2h 02m | $5.0M | $30.4M | 30x |
BloFin HYPE-USDT
edgeX HYPEUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against BloFin. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$50.82
- Price spread: +0.062% → −0.010%
- $7.14
- Slippage, 4 orders
- −$2.8
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$67.49
- Costs to cover
- 0.238%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 6 min ago; edgeX: live order book, 1 min ago.
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 BloFin live order book, 6 min ago | 0.69 bp | 7.5 bp −$7 | 10.7 bp −$107 | 17.1 bp −$1,710 | doesn't fit |
| Sell edgeX live order book, 1 min ago | 0.32 bp | 4.8 bp −$5 | 5.1 bp −$51 | doesn't fit | doesn't fit |
HYPE on 55 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hibachi HYPE/USDT-P | −0.1288% | 1h | 94.273 | −0.013% | $201K | $241K | 7x | as long as short |
| Aftermath Perps HYPEUSD | −0.0311% | 1h | 94.294 | +0.010% | $22K | $21K | 10x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 94.328 | +0.046% | $3K | $331 | 25x | as long as short |
| Orderly PERP_HYPE_USDC | −0.0015% | 4h | 94.245 | −0.042% | $150K | $681K | 20x | as long as short |
| Bullet HYPE-USD | 0.0000% | 1h | 94.266 | −0.020% | $112K | $580K | 20x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 94.272 | −0.014% | $129K | $29K | 5x | as long as short |
| 01 Exchange HYPEUSD | 0.0000% | 1h | 94.238 | −0.050% | $87K | $372K | 20x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 94.263 | −0.023% | $22K | $290K | 10x | as long as short |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0002% | 1h | 94.260 | −0.027% | $63K | — | 150x | as long as short |
| Arcus HYPE-USD | +0.0011% | 1h | 94.207 | −0.083% | $1.0M | $4.0M | 10x | as long as short |
Hibachi HYPE/USDT-P
Aftermath Perps HYPEUSD
Hotstuff HYPE-PERP
Orderly PERP_HYPE_USDC
Bullet HYPE-USD
dYdX HYPE-USD
01 Exchange HYPEUSD
Perpl HYPE
gTrade (Gains Network) HYPE/USD
Arcus HYPE-USDShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit HYPEUSDT | +0.0019% | 8h | 94.250 | −0.037% | $318.4M | $287.0M | 75x | as long as short |
| Phoenix HYPE | +0.0026% | 1h | 94.438 | +0.162% | $211K | $1.2M | 10x | as long as short |
| Phemex HYPEUSDT | +0.0036% | 8h | 94.265 | −0.021% | $12.8M | $2.8M | 50x | as long as short |
| Bitget HYPEUSDT | +0.0036% | 4h | 94.279 | −0.006% | $227.4M | $99.4M | 75x | as long as short |
| Ondo Perps HYPE-USD.P | +0.0063% | 1h | 94.210 | −0.080% | $711K | $1.2M | 10x | as long as short |
| Paradex HYPE-USD-PERP | +0.0095% | 8h | 94.277 | −0.008% | $342K | $158K | 20x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 94.290 | +0.005% | $16.4M | $63.8M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 94.297 | +0.013% | $3.2M | $11.7M | 20x | as long as short |
| Popdex HYPEUSDT | +0.0096% | 1h | 94.232 | −0.056% | $78K | $1.2M | 50x | as long as short |
| edgeX HYPEUSDCshort | +0.0098% | 4h | 94.343 | +0.062% | $5.0M | $30.4M | 30x | |
| Katana Perps HYPE-USD | +0.0100% | 8h | 94.230 | −0.058% | $30K | $1.7M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 94.245 | −0.042% | $7.1M | $49.0M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 94.385 | +0.106% | $2.07B | $679.9M | 10x | as long as short |
| Aster HYPEUSDT | +0.0100% | 4h | 94.278 | −0.007% | $8.8M | $37.0M | 300x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 94.261 | −0.025% | $10.2M | $15.4M | 20x | as long as short |
| Binance HYPEUSDT | +0.0100% | 4h | 94.276 | −0.009% | $378.9M | $925.5M | 75x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0100% | 8h | 94.257 | −0.030% | $116.5M | $317.8M | 50x | as long as short |
| Gate HYPE_USDT | +0.0100% | 4h | 94.277 | −0.008% | $48.3M | $55.8M | 75x | as long as short |
| MEXC HYPE_USDT | +0.0100% | 4h | 94.279 | −0.006% | $91.0M | $82.8M | 100x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 94.284 | −0.001% | $46.6M | $18.9M | 75x | as long as short |
| BingX HYPE-USDT | +0.0100% | 4h | 94.281 | −0.004% | — | $53.7M | — | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 94.328 | +0.046% | $7.2M | $10.7M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 94.388 | +0.110% | $28.9M | $56.5M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 94.427 | +0.150% | $7.7M | $48.2M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 94.313 | +0.030% | $344K | $1.0M | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 94.316 | +0.033% | $675K | $2.8M | 20x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 94.303 | +0.019% | — | $243K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 94.254 | −0.033% | $478K | $2.8M | 20x | as long as short |
| Bluefin HYPE-PERP | +0.0100% | 1h | 94.279 | −0.006% | $80K | $167K | 20x | as long as short |
| Derive HYPE-PERP | +0.0100% | 1h | 94.269 | −0.017% | $16.3M | $7.4M | 10x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 94.313 | +0.030% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 94.289 | +0.004% | $2.1M | $1.9M | 10x | as long as short |
| HTX HYPE-USDT | +0.0100% | 4h | 94.400 | +0.122% | $1.4M | $6.6M | 75x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 94.197 | −0.093% | $217K | $15K | 10x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 94.227 | −0.061% | $18.2M | $43.2M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0104% | 1h | 94.288 | +0.003% | $399K | $159K | 20x | as long as short |
| Kalshi KXHYPEPERP | +0.0119% | 8h | 94.307 | +0.023% | $1.8M | $5.6M | 2.3x | as long as short |
| Injective HYPE/USDC PERP | +0.0122% | 1h | 94.610 | +0.345% | $31K | $339K | 12x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0144% | 1h | 94.460 | +0.186% | $4.7M | $6.1M | 50x | as long as short |
| Reya HYPERUSDPERP | +0.0270% | 1h | 94.243 | −0.044% | $77K | $130K | 15x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0333% / S −0.0154% | 1h | 94.255 | −0.032% | $1.4M | — | 100x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0338% | 1h | 94.374 | +0.094% | $21.0M | $29.6M | 50x | as long as short |
| BloFin HYPE-USDTlong | +0.0340% | 4h | 94.285 | long leg | $16.8M | $12.3M | 75x | |
| Deribit HYPE_USDC-PERPETUAL | +0.0354% | 1h | 94.374 | +0.094% | $7.5M | $4.1M | 50x | as long as short |
| RISEx HYPE/USDC | +0.0527% | 1h | 94.252 | −0.035% | $3.2M | $6.3M | 20x | as long as short |
Bybit HYPEUSDT
Phoenix HYPE
Phemex HYPEUSDT
Bitget HYPEUSDT
Ondo Perps HYPE-USD.P
Paradex HYPE-USD-PERP
Lighter HYPE
Lighter RH HYPE
Popdex HYPEUSDT
Katana Perps HYPE-USD
Nado HYPE-PERP
Hyperliquid HYPE
Aster HYPEUSDT
Pacifica HYPE
Binance HYPEUSDT
OKX HYPE-USDT-SWAP
Gate HYPE_USDT
MEXC HYPE_USDT
KuCoin HYPEUSDTM
BingX HYPE-USDT
Backpack HYPE_USDC_PERP
Variational Omni HYPE
GRVT HYPE_USDT_Perp
ApeX Omni HYPEUSDT
StandX HYPE-USD
Vest HYPE-PERP
Polymarket Perps HYPE-USD
Bluefin HYPE-PERP
Derive HYPE-PERP
SunX HYPE-USDT
SoDEX HYPE-USD
HTX HYPE-USDT
Bulk HYPE-USD
Extended HYPE-USD
Aevo HYPE-PERP
Kalshi KXHYPEPERP
Injective HYPE/USDC PERP
Coinbase International HYPE-PERP-INTX
Reya HYPERUSDPERP
GMX HYPE/USD [WBTC.b-USDC]
Kraken Futures PF_HYPEUSD
Deribit HYPE_USDC-PERPETUAL
RISEx HYPE/USDC