Funding you earn now, next payment 23:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h +0.001%
Price spread now: Extended against Bulk−0.069%7-day average −0.075% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$13as in the Price arb table
costs, in and out, $10k−$140.137% of the position
Funding, last 3 days (all we have)+0.004%$0 on $10k
+Price spread, last 4 days (all we have)+0.158%+$16 · spread now −0.069%, 7d avg −0.075%
=Together, before fees+0.162%+ Points / potential airdropExtended: Active · farm board+$16 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bulk HYPE-USD | 93.232 | 0.0100 | pay 0.0013% / 1h | 19m 29s | $204K | $8K | 10x |
| Short | Extended HYPE-USD | 93.168 | 0.0104 | get 0.0013% / 1h | 19m 29s | $18.2M | $42.0M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Bulk. 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
- $0.84
- Price spread: −0.069% → −0.075%
- $0.68
- Slippage, 4 orders
- −$1.74
- Fee Bulk: 3.5 bp × 2 orders
- −$7
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$12.22
- Costs to cover
- 0.137%
- Break-even
- 108.9 days
Slippage from Bulk: live order book, 64 min ago; Extended: live order book, 5 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 Bulk live order book, 64 min ago | 0.53 bp | 4.0 bp −$4 | 5.6 bp −$56 | 11.5 bp −$1,153 | 35.8 bp −$17.9K |
| Sell Extended live order book, 5 min ago | 0.05 bp | 2.6 bp −$3 | 3.9 bp −$39 | 22.8 bp −$2,282 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps HYPEUSD | −0.0428% | 1h | 93.121 | −0.119% | $22K | $22K | 10x | as long as short |
| Hibachi HYPE/USDT-P | −0.0336% | 1h | 93.216 | −0.018% | $197K | $230K | 7x | as long as short |
| Arcus HYPE-USD | −0.0131% | 1h | 93.133 | −0.106% | $1.2M | $4.0M | 10x | as long as short |
| Ondo Perps HYPE-USD.P | −0.0130% | 1h | 93.130 | −0.110% | $699K | $928K | 10x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 93.198 | −0.037% | $3K | $331 | 25x | as long as short |
| 01 Exchange HYPEUSD | −0.0032% | 1h | 93.259 | +0.029% | $90K | $361K | 20x | as long as short |
| Popdex HYPEUSDT | −0.0008% | 1h | 93.221 | −0.012% | $58K | $1.2M | 50x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 93.276 | +0.047% | $127K | $32K | 5x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 93.248 | +0.017% | $23K | $331K | 10x | as long as short |
| Aster HYPEUSDT | +0.0001% | 4h | 93.204 | −0.030% | $8.9M | $35.9M | 300x | as long as short |
Show all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0001% | 1h | 93.231 | −0.001% | $20K | — | 150x | as long as short |
| Bybit HYPEUSDT | +0.0021% | 8h | 93.200 | −0.035% | $323.0M | $286.9M | 75x | as long as short |
| Orderly PERP_HYPE_USDC | +0.0022% | 4h | 93.212 | −0.022% | $172K | $518K | 20x | as long as short |
| Derive HYPE-PERP | +0.0029% | 1h | 93.144 | −0.094% | $16.3M | $7.1M | 10x | as long as short |
| Phoenix HYPE | +0.0034% | 1h | 93.293 | +0.065% | $214K | $1.2M | 10x | as long as short |
| Bullet HYPE-USD | +0.0052% | 1h | 93.186 | −0.050% | $112K | $580K | 20x | as long as short |
| Gate HYPE_USDT | +0.0054% | 4h | 93.181 | −0.055% | $43.9M | $58.6M | 75x | as long as short |
| MEXC HYPE_USDT | +0.0066% | 4h | 93.187 | −0.049% | $90.3M | $82.2M | 100x | as long as short |
| Binance HYPEUSDT | +0.0067% | 4h | 93.225 | −0.008% | $381.8M | $895.4M | 75x | as long as short |
| edgeX HYPEUSDC | +0.0079% | 4h | 93.210 | −0.024% | $5.1M | $29.7M | 30x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 93.231 | −0.002% | $18.6M | $59.0M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 93.238 | +0.006% | $3.1M | $12.2M | 20x | as long as short |
| Aevo HYPE-PERP | +0.0096% | 1h | 93.187 | −0.048% | $396K | $318K | 20x | as long as short |
| Paradex HYPE-USD-PERP | +0.0099% | 8h | 93.203 | −0.031% | $339K | $170K | 20x | as long as short |
| Katana Perps HYPE-USD | +0.0100% | 8h | 93.170 | −0.067% | $35K | $1.6M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 93.216 | −0.017% | $5.9M | $44.1M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 93.234 | +0.002% | $2.03B | $669.1M | 10x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 93.208 | −0.026% | $10.0M | $14.4M | 20x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0100% | 8h | 93.228 | −0.005% | $113.8M | $314.3M | 50x | as long as short |
| Bulk HYPE-USDlong | +0.0100% | 1h | 93.232 | long leg | $204K | $8K | 10x | |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 93.220 | −0.013% | $47.0M | $18.8M | 75x | as long as short |
| Bitget HYPEUSDT | +0.0100% | 4h | 93.256 | +0.025% | $226.0M | $103.0M | 75x | as long as short |
| BingX HYPE-USDT | +0.0100% | 4h | 93.190 | −0.045% | — | $53.9M | — | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 93.203 | −0.031% | $7.8M | $11.1M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 93.153 | −0.085% | $29.0M | $50.6M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 93.258 | +0.028% | $7.5M | $46.1M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 93.262 | +0.032% | $415K | $1.0M | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 93.227 | −0.006% | $674K | $2.5M | 20x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 93.268 | +0.038% | — | $454K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 93.253 | +0.022% | $493K | $2.5M | 20x | as long as short |
| Bluefin HYPE-PERP | +0.0100% | 1h | 93.182 | −0.054% | $76K | $167K | 20x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 93.238 | +0.006% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 93.175 | −0.061% | $2.0M | $2.0M | 10x | as long as short |
| Phemex HYPEUSDT | +0.0100% | 8h | 93.170 | −0.067% | $12.7M | $2.6M | 50x | as long as short |
| Extended HYPE-USDshort | +0.0104% | 1h | 93.168 | −0.069% | $18.2M | $42.0M | 50x | |
| Kalshi KXHYPEPERP | +0.0113% | 8h | 93.301 | +0.074% | $1.9M | $5.3M | 2.3x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0176% | 1h | 93.220 | −0.013% | $4.9M | $5.7M | 50x | as long as short |
| Injective HYPE/USDC PERP | +0.0239% | 1h | 93.320 | +0.094% | $30K | $338K | 12x | as long as short |
| HTX HYPE-USDT | +0.0239% | 4h | 93.374 | +0.152% | $1.5M | $7.7M | 75x | as long as short |
| Reya HYPERUSDPERP | +0.0247% | 1h | 93.241 | +0.009% | $77K | $159K | 15x | as long as short |
| BloFin HYPE-USDT | +0.0257% | 4h | 93.255 | +0.024% | $16.9M | $12.5M | 75x | as long as short |
| RISEx HYPE/USDC | +0.0280% | 1h | 93.247 | +0.016% | $2.7M | $6.8M | 20x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0339% / S −0.0158% | 1h | 93.226 | −0.006% | $1.5M | — | 100x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0340% | 1h | 93.287 | +0.059% | $7.4M | $4.6M | 50x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0466% | 1h | 93.289 | +0.061% | $20.9M | $29.0M | 50x | as long as short |
Bulk HYPE-USD
Extended HYPE-USD
Aftermath Perps HYPEUSD
01 Exchange HYPEUSD
Popdex HYPEUSDT
Aster HYPEUSDT
gTrade (Gains Network) HYPE/USD
Bybit HYPEUSDT
Derive HYPE-PERP
Phoenix HYPE
Bullet HYPE-USD
Gate HYPE_USDT
MEXC HYPE_USDT
Binance HYPEUSDT
edgeX HYPEUSDC
Lighter HYPE
Lighter RH HYPE
Paradex HYPE-USD-PERP
Katana Perps HYPE-USD
Hyperliquid HYPE
Pacifica HYPE
OKX HYPE-USDT-SWAP
KuCoin HYPEUSDTM
Bitget HYPEUSDT
BingX HYPE-USDT
Backpack HYPE_USDC_PERP
Variational Omni HYPE
GRVT HYPE_USDT_Perp
ApeX Omni HYPEUSDT
StandX HYPE-USD
Polymarket Perps HYPE-USD
Bluefin HYPE-PERP
SunX HYPE-USDT
SoDEX HYPE-USD
Phemex HYPEUSDT
Kalshi KXHYPEPERP
Coinbase International HYPE-PERP-INTX
Injective HYPE/USDC PERP
HTX HYPE-USDT
BloFin HYPE-USDT
RISEx HYPE/USDC
GMX HYPE/USD [WBTC.b-USDC]
Deribit HYPE_USDC-PERPETUAL
Kraken Futures PF_HYPEUSD