HYPE

Alert

Funding spread now, next payment 18:00 UTC−0.1166%/8h

paid, last 24h−0.012%paid, last 7 days+0.043%to open and close $10k−$851

The current rate is far above what this pair has been paying: over the last 7 days it paid 0.043% in total (about 2.2% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bluefin HYPE-PERP	93.073	0.1266	pay 0.0158% / 1h	47m 38s	$73K	$183K	20x
Short	OKX HYPE-USDT-SWAP	93.024	0.0100	get 0.0100% / 8h	6h 47m	$114.4M	$310.6M	50x

Funding history

latest

Range statsloading…

Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee BluefinbpFee OKXbpOrdersRate

Funding earned: −$244.76
Slippage, 4 orders: −$833.91
Fee Bluefin: 3.5 bp × 2 orders: −$7
Fee OKX: 5 bp × 2 orders: −$10
Net: −$1,095.67
Break-even: never at this rate

Slippage from Bluefin: live order book, 58 min ago; OKX: live order book, 3 min ago.

Price risk

price view

Price gap now: −0.053%
Avg gap 7d: −0.014%

A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Bluefin live order book, 58 min ago	205.85 bp	209.4 bp −$209	doesn't fit	doesn't fit	doesn't fit
Sell OKX live order book, 3 min ago	0.05 bp	6.8 bp −$7	9.9 bp −$99	17.2 bp −$1,719	doesn't fit

HYPE on 54 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Hibachi HYPE/USDT-P	−0.1032%	1h	$196K	$226K	7x	as long as short
Hotstuff HYPE-PERP	−0.0080%	1h	$3K	$307	25x	as long as short
gTrade (Gains Network) HYPE/USD	L +0.0002% / S −0.0001%	1h	$55K	—	150x	as long as short
dYdX HYPE-USD	+0.0020%	1h	$127K	$26K	5x	as long as short
BingX HYPE-USDT	+0.0040%	4h	—	$51.9M	—	as long as short
Orderly PERP_HYPE_USDC	+0.0058%	4h	$170K	$354K	20x	as long as short
Injective HYPE/USDC PERP	+0.0082%	1h	$23K	$167K	12x	as long as short
Lighter HYPE	+0.0096%	1h	$18.3M	$56.2M	20x	as long as short
Lighter RH HYPE	+0.0096%	1h	$3.1M	$12.0M	20x	as long as short
Popdex HYPEUSDT	+0.0096%	1h	$137K	$1.2M	50x	as long as short

Show all 54 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Katana Perps HYPE-USD	+0.0100%	8h	$38K	$1.8M	10x	as long as short
Nado HYPE-PERP	+0.0100%	1h	$6.4M	$43.4M	10x	as long as short
Aster HYPEUSDT	+0.0100%	4h	$8.9M	$35.2M	300x	as long as short
Pacifica HYPE	+0.0100%	1h	$11.3M	$12.3M	20x	as long as short
Binance HYPEUSDT	+0.0100%	4h	$390.8M	$843.7M	75x	as long as short
Bybit HYPEUSDT	+0.0100%	8h	$326.1M	$280.1M	75x	as long as short
OKX HYPE-USDT-SWAPshort	+0.0100%	8h	$114.4M	$310.6M	50x
Ondo Perps HYPE-USD.P	+0.0100%	1h	$698K	$973K	10x	as long as short
Arcus HYPE-USD	+0.0100%	1h	$1.2M	$3.9M	10x	as long as short
Bulk HYPE-USD	+0.0100%	1h	$203K	$8K	10x	as long as short
Gate HYPE_USDT	+0.0100%	4h	$44.0M	$53.4M	75x	as long as short
MEXC HYPE_USDT	+0.0100%	4h	$91.2M	$81.3M	100x	as long as short
KuCoin HYPEUSDTM	+0.0100%	4h	$45.8M	$19.8M	75x	as long as short
Bitget HYPEUSDT	+0.0100%	4h	$227.7M	$100.7M	75x	as long as short
Backpack HYPE_USDC_PERP	+0.0100%	1h	$8.5M	$10.6M	20x	as long as short
Variational Omni HYPE	+0.0100%	8h	$28.9M	$50.4M	—	as long as short
ApeX Omni HYPEUSDT	+0.0100%	1h	$428K	$927K	50x	as long as short
StandX HYPE-USD	+0.0100%	1h	$672K	$2.3M	20x	as long as short
Vest HYPE-PERP	+0.0100%	1h	—	$407K	5x	as long as short
Polymarket Perps HYPE-USD	+0.0100%	1h	$459K	$2.4M	20x	as long as short
Bullet HYPE-USD	+0.0100%	1h	$112K	$565K	20x	as long as short
Derive HYPE-PERP	+0.0100%	1h	$16.4M	$7.2M	10x	as long as short
SunX HYPE-USDT	+0.0100%	4h	$32K	$1.6M	20x	as long as short
SoDEX HYPE-USD	+0.0100%	1h	$2.0M	$2.0M	10x	as long as short
Phemex HYPEUSDT	+0.0100%	8h	$12.6M	$2.4M	50x	as long as short
edgeX HYPEUSDC	+0.0102%	4h	$5.1M	$28.8M	30x	as long as short
Extended HYPE-USD	+0.0104%	1h	$18.2M	$41.5M	50x	as long as short
01 Exchange HYPEUSD	+0.0104%	1h	$91K	$315K	20x	as long as short
Aevo HYPE-PERP	+0.0104%	1h	$396K	$335K	20x	as long as short
Kalshi KXHYPEPERP	+0.0108%	8h	$1.7M	$4.9M	2.3x	as long as short
Perpl HYPE	+0.0112%	43m	$30K	$346K	10x	as long as short
Paradex HYPE-USD-PERP	+0.0113%	8h	$336K	$287K	20x	as long as short
Coinbase International HYPE-PERP-INTX	+0.0200%	1h	$4.9M	$5.3M	50x	as long as short
Reya HYPERUSDPERP	+0.0234%	1h	$73K	$149K	15x	as long as short
Kraken Futures PF_HYPEUSD	+0.0257%	1h	$16.2M	$20.7M	50x	as long as short
Aftermath Perps HYPEUSD	+0.0309%	1h	$22K	$34K	10x	as long as short
BloFin HYPE-USDT	+0.0340%	4h	$17.5M	$11.7M	75x	as long as short
Phoenix HYPE	+0.0351%	1h	$296K	$984K	10x	as long as short
GMX HYPE/USD [WBTC.b-USDC]	L +0.0363% / S −0.0185%	1h	$1.5M	—	100x	as long as short
RISEx HYPE/USDC	+0.0611%	1h	$2.5M	$6.8M	20x	as long as short
HTX HYPE-USDT	+0.0892%	4h	$1.5M	$7.1M	75x	as long as short
Hyperliquid HYPE	+0.0979%	1h	$2.02B	$616.8M	10x	as long as short
Bluefin HYPE-PERPlong	+0.1266%	1h	$73K	$183K	20x
Deribit HYPE_USDC-PERPETUAL	+0.4605%	1h	$7.4M	$4.3M	50x	as long as short