HYPE

Alert

Funding spread now, next payment 16:00 UTC−0.0044%/8h

paid, last 24h+0.040%paid, last 7 days+0.108%to open and close $10k−$25

Long on Coinbase International Short on edgeX

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International HYPE-PERP-INTX	93.370	0.0152	pay 0.0019% / 1h	1m 22s	$5.0M	$5.3M	50x
Short	edgeX HYPEUSDC	93.293	0.0108	get 0.0054% / 4h	3h 01m	$5.1M	$28.9M	30x

Funding history

latest

Range statsloading…

Funding on every exchange

click an exchange to add or hide it

latest

Profit calculator

Position, each leg$Hold fordaysFee Coinbase InternationalbpFee edgeXbpOrdersRate

Funding earned: −$9.2
Slippage, 4 orders: −$6.34
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$34.54
Break-even: never at this rate

Slippage from Coinbase International: live order book, 4 min ago; edgeX: live order book, 4 min ago.

Price risk

price view

Price gap now: −0.082%
Avg gap 7d: +0.037%

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 Coinbase International live order book, 4 min ago	2.14 bp	7.6 bp −$8	15.9 bp −$159	41.6 bp −$4,161	doesn't fit
Sell edgeX live order book, 4 min ago	0.32 bp	4.8 bp −$5	5.0 bp −$50	96.5 bp −$9,645	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	−0.0632%	1h	$196K	$232K	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
Orderly PERP_HYPE_USDC	+0.0038%	4h	$170K	$354K	20x	as long as short
dYdX HYPE-USD	+0.0043%	1h	$127K	$26K	5x	as long as short
Deribit HYPE_USDC-PERPETUAL	+0.0072%	1h	$7.4M	$4.3M	50x	as long as short
Lighter RH HYPE	+0.0096%	1h	$3.1M	$12.3M	20x	as long as short
Popdex HYPEUSDT	+0.0096%	1h	$135K	$1.1M	50x	as long as short
Katana Perps HYPE-USD	+0.0100%	8h	$40K	$1.8M	10x	as long as short
Nado HYPE-PERP	+0.0100%	1h	$6.4M	$43.4M	10x	as long as short

Show all 54 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Aster HYPEUSDT	+0.0100%	4h	$8.9M	$35.2M	300x	as long as short
Pacifica HYPE	+0.0100%	1h	$11.4M	$12.3M	20x	as long as short
Binance HYPEUSDT	+0.0100%	4h	$391.7M	$843.6M	75x	as long as short
Bybit HYPEUSDT	+0.0100%	8h	$326.7M	$280.5M	75x	as long as short
OKX HYPE-USDT-SWAP	+0.0100%	8h	$114.9M	$311.6M	50x	as long as short
Ondo Perps HYPE-USD.P	+0.0100%	1h	$700K	$983K	10x	as long as short
Arcus HYPE-USD	+0.0100%	1h	$1.2M	$4.0M	10x	as long as short
Bulk HYPE-USD	+0.0100%	1h	$204K	$8K	10x	as long as short
Gate HYPE_USDT	+0.0100%	4h	$44.1M	$55.2M	75x	as long as short
MEXC HYPE_USDT	+0.0100%	4h	$89.9M	$89.6M	100x	as long as short
KuCoin HYPEUSDTM	+0.0100%	4h	$45.8M	$19.9M	75x	as long as short
Bitget HYPEUSDT	+0.0100%	4h	$229.6M	$99.9M	75x	as long as short
BingX HYPE-USDT	+0.0100%	4h	—	$51.3M	—	as long as short
Backpack HYPE_USDC_PERP	+0.0100%	1h	$8.3M	$10.4M	20x	as long as short
Variational Omni HYPE	+0.0100%	8h	$29.2M	$50.3M	—	as long as short
ApeX Omni HYPEUSDT	+0.0100%	1h	$429K	$926K	50x	as long as short
StandX HYPE-USD	+0.0100%	1h	$673K	$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	$113K	$563K	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
Extended HYPE-USD	+0.0104%	1h	$18.1M	$41.8M	50x	as long as short
Aevo HYPE-PERP	+0.0104%	1h	$397K	$340K	20x	as long as short
edgeX HYPEUSDCshort	+0.0108%	4h	$5.1M	$28.9M	30x
Perpl HYPE	+0.0112%	43m	$31K	$342K	10x	as long as short
Paradex HYPE-USD-PERP	+0.0117%	8h	$337K	$287K	20x	as long as short
Kalshi KXHYPEPERP	+0.0118%	8h	$1.7M	$4.8M	2.3x	as long as short
Lighter HYPE	+0.0128%	1h	$18.4M	$58.3M	20x	as long as short
Coinbase International HYPE-PERP-INTXlong	+0.0152%	1h	$5.0M	$5.3M	50x
01 Exchange HYPEUSD	+0.0160%	1h	$91K	$317K	20x	as long as short
Reya HYPERUSDPERP	+0.0232%	1h	$73K	$149K	15x	as long as short
Aftermath Perps HYPEUSD	+0.0289%	1h	$22K	$34K	10x	as long as short
BloFin HYPE-USDT	+0.0340%	4h	$17.5M	$11.6M	75x	as long as short
Injective HYPE/USDC PERP	+0.0356%	1h	$24K	$257K	12x	as long as short
GMX HYPE/USD [WBTC.b-USDC]	L +0.0361% / S −0.0182%	1h	$1.5M	—	100x	as long as short
Phoenix HYPE	+0.0386%	1h	$296K	$1.0M	10x	as long as short
Kraken Futures PF_HYPEUSD	+0.0409%	1h	$16.3M	$20.7M	50x	as long as short
Hyperliquid HYPE	+0.0431%	1h	$2.03B	$614.8M	10x	as long as short
RISEx HYPE/USDC	+0.0620%	1h	$2.5M	$7.0M	20x	as long as short
HTX HYPE-USDT	+0.0907%	4h	$1.5M	$7.1M	75x	as long as short
Bluefin HYPE-PERP	+0.2637%	1h	$73K	$186K	20x	as long as short