Funding you earn now, next payment 03:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.12 per $10,000 · paid last 24h +0.009%
Price spread now: Aevo against Bullet−0.026%7-day average −0.006% · 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−$45as in the Price arb table
costs, in and out, $10k−$430.433% of the position
Funding, last 3 days (all we have)+0.016%+$2 on $10k
+Price spread, last 4 days (all we have)−0.156%−$16 · spread now −0.026%, 7d avg −0.006%
=Funding pays, the price is against you. Aevo is 0.020% cheaper against Bullet than usual: you would sell low and buy high (spread −0.026% now, against its 7-day average of −0.006%). If the spread goes back, that is −$2 on $10k: about 16 hours of funding at the current rate (+$3 a day). At the pace of the last 3 days (+0.016% in total) that is about 4.2 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bullet HYPE-USD | 93.050 | 0.0004 | pay 0.0001% / 1h | 7m 42s | $111K | $579K | 20x |
| Short | Aevo HYPE-PERP | 93.026 | 0.0104 | get 0.0013% / 1h | 7m 42s | $396K | $162K | 20x |
Bullet HYPE-USD
Aevo HYPE-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aevo against Bullet. 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
- $20.9
- Price spread: −0.026% → −0.006%
- −$2.01
- Slippage, 4 orders
- −$19.35
- Fee Bullet: 4 bp × 2 orders
- −$8
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- −$24.45
- Costs to cover
- 0.433%
- Break-even
- 15.2 days
Slippage from Bullet: live order book, 56 min ago; Aevo: live order book, 56 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 Bullet live order book, 56 min ago | 0.48 bp | 6.0 bp −$6 | 12.1 bp −$121 | doesn't fit | doesn't fit |
| Sell Aevo live order book, 56 min ago | 3.81 bp | 14.3 bp −$14 | 15.4 bp −$154 | 17.9 bp −$1,795 | 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 | −0.0976% | 1h | 93.211 | +0.173% | $197K | $226K | 7x | as long as short |
| Arcus HYPE-USD | −0.0899% | 1h | 92.875 | −0.189% | $1.2M | $3.8M | 10x | as long as short |
| Ondo Perps HYPE-USD.P | −0.0132% | 1h | 93.080 | +0.032% | $698K | $1.0M | 10x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 93.082 | +0.034% | $3K | $331 | 25x | as long as short |
| Aftermath Perps HYPEUSD | −0.0078% | 1h | 93.224 | +0.187% | $22K | $21K | 10x | as long as short |
| 01 Exchange HYPEUSD | −0.0056% | 1h | 93.039 | −0.012% | $85K | $345K | 20x | as long as short |
| Orderly PERP_HYPE_USDC | −0.0049% | 4h | 93.042 | −0.009% | $154K | $654K | 20x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 93.069 | +0.020% | $128K | $31K | 5x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 93.064 | +0.014% | $23K | $316K | 10x | as long as short |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0002% | 1h | 93.093 | +0.045% | $62K | — | 150x | as long as short |
Hibachi HYPE/USDT-P
Arcus HYPE-USD
Ondo Perps HYPE-USD.P
Hotstuff HYPE-PERP
Aftermath Perps HYPEUSD
01 Exchange HYPEUSD
Orderly PERP_HYPE_USDC
dYdX HYPE-USD
Perpl HYPE
gTrade (Gains Network) HYPE/USDShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bullet HYPE-USDlong | +0.0004% | 1h | 93.050 | long leg | $111K | $579K | 20x | |
| Phemex HYPEUSDT | +0.0007% | 8h | 93.097 | +0.050% | $12.6M | $2.7M | 50x | as long as short |
| Aster HYPEUSDT | +0.0016% | 4h | 93.028 | −0.024% | $8.8M | $35.8M | 300x | as long as short |
| Phoenix HYPE | +0.0026% | 1h | 93.210 | +0.171% | $213K | $1.2M | 10x | as long as short |
| BingX HYPE-USDT | +0.0038% | 4h | 92.997 | −0.057% | — | $52.9M | — | as long as short |
| Gate HYPE_USDT | +0.0044% | 4h | 93.019 | −0.034% | $44.5M | $55.6M | 75x | as long as short |
| Bybit HYPEUSDT | +0.0048% | 8h | 92.990 | −0.065% | $319.9M | $276.6M | 75x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0074% | 8h | 92.986 | −0.069% | $113.4M | $298.3M | 50x | as long as short |
| Derive HYPE-PERP | +0.0087% | 1h | 93.019 | −0.034% | $16.1M | $7.5M | 10x | as long as short |
| MEXC HYPE_USDT | +0.0094% | 4h | 92.988 | −0.067% | $89.3M | $81.2M | 100x | as long as short |
| Binance HYPEUSDT | +0.0095% | 4h | 92.993 | −0.062% | $376.1M | $880.1M | 75x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 93.008 | −0.045% | $16.2M | $62.1M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 93.023 | −0.030% | $3.1M | $11.7M | 20x | as long as short |
| Popdex HYPEUSDT | +0.0096% | 1h | 93.036 | −0.016% | $67K | $1.2M | 50x | as long as short |
| Paradex HYPE-USD-PERP | +0.0096% | 8h | 93.045 | −0.006% | $339K | $162K | 20x | as long as short |
| Katana Perps HYPE-USD | +0.0100% | 8h | 93.040 | −0.011% | $24K | $1.6M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 93.047 | −0.003% | $5.8M | $43.0M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 93.083 | +0.035% | $2.03B | $653.8M | 10x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 93.020 | −0.033% | $10.0M | $14.8M | 20x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 93.028 | −0.024% | $45.7M | $18.2M | 75x | as long as short |
| Bitget HYPEUSDT | +0.0100% | 4h | 92.990 | −0.065% | $224.9M | $96.3M | 75x | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 93.016 | −0.037% | $7.3M | $10.0M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 93.197 | +0.157% | $31.4M | $53.7M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 93.289 | +0.256% | $7.5M | $46.2M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 93.125 | +0.080% | $338K | $998K | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 93.310 | +0.279% | $667K | $2.7M | 20x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 93.109 | +0.063% | — | $243K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 93.084 | +0.036% | $470K | $2.5M | 20x | as long as short |
| Bluefin HYPE-PERP | +0.0100% | 1h | 93.017 | −0.036% | $79K | $168K | 20x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 93.048 | −0.003% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 93.042 | −0.009% | $2.0M | $2.0M | 10x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 93.155 | +0.112% | $203K | $10K | 10x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 92.985 | −0.070% | $18.3M | $42.8M | 50x | as long as short |
| Aevo HYPE-PERPshort | +0.0104% | 1h | 93.026 | −0.026% | $396K | $162K | 20x | |
| edgeX HYPEUSDC | +0.0104% | 4h | 93.205 | +0.166% | $5.0M | $28.9M | 30x | as long as short |
| HTX HYPE-USDT | +0.0124% | 4h | 93.200 | +0.161% | $1.4M | $6.0M | 75x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0176% | 1h | 93.120 | +0.075% | $4.8M | $5.5M | 50x | as long as short |
| Reya HYPERUSDPERP | +0.0259% | 1h | 93.037 | −0.015% | $79K | $140K | 15x | as long as short |
| Kalshi KXHYPEPERP | +0.0271% | 8h | 93.109 | +0.063% | $1.9M | $5.2M | 2.3x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0330% / S −0.0156% | 1h | 93.078 | +0.029% | $1.4M | — | 100x | as long as short |
| BloFin HYPE-USDT | +0.0340% | 4h | 93.118 | +0.073% | $16.9M | $11.5M | 75x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0416% | 1h | 93.152 | +0.109% | $7.4M | $4.3M | 50x | as long as short |
| RISEx HYPE/USDC | +0.0510% | 1h | 93.078 | +0.030% | $3.2M | $6.3M | 20x | as long as short |
| Injective HYPE/USDC PERP | +0.0519% | 1h | 93.390 | +0.365% | $30K | $339K | 12x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0687% | 1h | 93.109 | +0.063% | $20.7M | $29.8M | 50x | as long as short |
Phemex HYPEUSDT
Aster HYPEUSDT
Phoenix HYPE
BingX HYPE-USDT
Gate HYPE_USDT
Bybit HYPEUSDT
OKX HYPE-USDT-SWAP
Derive HYPE-PERP
MEXC HYPE_USDT
Binance HYPEUSDT
Lighter HYPE
Lighter RH HYPE
Popdex HYPEUSDT
Paradex HYPE-USD-PERP
Katana Perps HYPE-USD
Nado HYPE-PERP
Hyperliquid HYPE
Pacifica HYPE
KuCoin HYPEUSDTM
Bitget HYPEUSDT
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
SunX HYPE-USDT
SoDEX HYPE-USD
Bulk HYPE-USD
Extended HYPE-USD
edgeX HYPEUSDC
HTX HYPE-USDT
Coinbase International HYPE-PERP-INTX
Reya HYPERUSDPERP
Kalshi KXHYPEPERP
GMX HYPE/USD [WBTC.b-USDC]
BloFin HYPE-USDT
Deribit HYPE_USDC-PERPETUAL
RISEx HYPE/USDC
Injective HYPE/USDC PERP
Kraken Futures PF_HYPEUSD