data as of
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HYPE

all HYPE markets
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Funding spread now, next payment 16:00 UTC+0.0041%/8h
paid, last 24h+0.016%paid, last 7 days−0.038%to open and close $10k−$58
Long on BluefinShort on Kalshi
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBluefin HYPE-PERP93.1870.0100pay 0.0013% / 1h26m 30s$73K$197K20x
ShortKalshi KXHYPEPERP93.2010.0141get 0.0141% / 8h4h 26m$1.6M$4.5M2.3x

Funding history

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Funding on every exchange

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latest

Profit calculator

Funding earned
$8.67
Slippage, 4 orders
−$41.37
Fee Bluefin: 3.5 bp × 2 orders
−$7
Fee Kalshi: 5 bp × 2 orders
−$10
Net
−$49.7
Break-even
47.1 days
Slippage from Bluefin: live order book, 24 min ago; Kalshi: live order book, 4 min ago.

Price risk

price view
Price gap now
+0.015%
Avg gap 7d
+0.033%
A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 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
LegHalf-spread$10k$100k$1M$5M
Buy Bluefin live order book, 24 min ago6.84 bp18.7 bp −$19doesn't fitdoesn't fitdoesn't fit
Sell Kalshi live order book, 4 min ago3.65 bp9.6 bp −$1011.4 bp −$11418.9 bp −$1,887doesn't fit

HYPE on 54 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Hibachi HYPE/USDT-P−0.0296%1h$207K$199K7xas long as short
Orderly PERP_HYPE_USDC−0.0137%4h$169K$376K20xas long as short
Hotstuff HYPE-PERP−0.0080%1h$3K$30725xas long as short
BingX HYPE-USDT−0.0010%4h—$51.8M—as long as short
Bybit HYPEUSDT−0.0009%8h$325.9M$285.3M75xas long as short
OKX HYPE-USDT-SWAP−0.0008%8h$115.8M$313.6M50xas long as short
Perpl HYPE0.0000%43m$32K$341K10xas long as short
gTrade (Gains Network) HYPE/USDL +0.0002% / S −0.0001%1h$33K—150xas long as short
dYdX HYPE-USD+0.0066%1h$127K$26K5xas long as short
Gate HYPE_USDT+0.0082%4h$44.3M$55.2M75xas long as short
Show all 54 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Lighter HYPE+0.0096%1h$18.6M$57.4M20xas long as short
Lighter RH HYPE+0.0096%1h$3.2M$11.8M20xas long as short
Popdex HYPEUSDT+0.0096%1h$152K$1.1M50xas long as short
Coinbase International HYPE-PERP-INTX+0.0096%1h$4.9M$5.3M50xas long as short
Katana Perps HYPE-USD+0.0099%8h$20K$1.7M10xas long as short
Nado HYPE-PERP+0.0100%1h$5.6M$42.7M10xas long as short
Aster HYPEUSDT+0.0100%4h$8.9M$35.7M300xas long as short
Pacifica HYPE+0.0100%1h$11.3M$12.3M20xas long as short
Binance HYPEUSDT+0.0100%4h$395.3M$824.2M75xas long as short
Ondo Perps HYPE-USD.P+0.0100%1h$698K$977K10xas long as short
Arcus HYPE-USD+0.0100%1h$1.2M$4.2M10xas long as short
Bulk HYPE-USD+0.0100%1h$212K$10K10xas long as short
MEXC HYPE_USDT+0.0100%4h$95.9M$85.7M100xas long as short
KuCoin HYPEUSDTM+0.0100%4h$43.8M$20.2M75xas long as short
Bitget HYPEUSDT+0.0100%4h$229.0M$100.5M75xas long as short
Backpack HYPE_USDC_PERP+0.0100%1h$8.3M$9.0M20xas long as short
Variational Omni HYPE+0.0100%8h$29.7M$52.3M—as long as short
ApeX Omni HYPEUSDT+0.0100%1h$425K$967K50xas long as short
StandX HYPE-USD+0.0100%1h$706K$2.1M20xas long as short
Vest HYPE-PERP+0.0100%1h—$407K5xas long as short
Polymarket Perps HYPE-USD+0.0100%1h$461K$2.4M20xas long as short
Bullet HYPE-USD+0.0100%1h$111K$579K20xas long as short
Bluefin HYPE-PERPlong+0.0100%1h$73K$197K20x
Derive HYPE-PERP+0.0100%1h$16.4M$7.1M10xas long as short
SunX HYPE-USDT+0.0100%4h$32K$1.6M20xas long as short
SoDEX HYPE-USD+0.0100%1h$2.0M$1.9M10xas long as short
Phemex HYPEUSDT+0.0100%8h$12.6M$2.3M50xas long as short
Extended HYPE-USD+0.0104%1h$18.2M$41.9M50xas long as short
Aevo HYPE-PERP+0.0104%1h$396K$340K20xas long as short
edgeX HYPEUSDC+0.0111%4h$5.1M$27.6M30xas long as short
Paradex HYPE-USD-PERP+0.0112%8h$336K$288K20xas long as short
01 Exchange HYPEUSD+0.0120%1h$84K$300K20xas long as short
Aftermath Perps HYPEUSD+0.0132%1h$22K$34K10xas long as short
Kalshi KXHYPEPERPshort+0.0141%8h$1.6M$4.5M2.3x
Hyperliquid HYPE+0.0167%1h$2.02B$604.1M10xas long as short
Reya HYPERUSDPERP+0.0223%1h$73K$168K15xas long as short
BloFin HYPE-USDT+0.0340%4h$18.0M$12.4M75xas long as short
GMX HYPE/USD [WBTC.b-USDC]L +0.0345% / S −0.0162%1h$1.5M—100xas long as short
Phoenix HYPE+0.0357%1h$294K$1.1M10xas long as short
Deribit HYPE_USDC-PERPETUAL+0.0372%1h$7.3M$4.6M50xas long as short
HTX HYPE-USDT+0.0409%4h$1.5M$6.7M75xas long as short
RISEx HYPE/USDC+0.0500%1h$2.5M$7.3M20xas long as short
Kraken Futures PF_HYPEUSD+0.0611%1h$16.4M$21.4M50xas long as short
Injective HYPE/USDC PERP+0.1001%1h$23K$320K12xas long as short