Funding you earn now, next payment 01:00 UTC−0.0002%/8h= −0.3% APRpaid last 24h −0.002%
Price spread now: Aster against Derive+0.035%7-day average +0.023% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.020%−$2 on $10k
+Price spread, last 3 days (all we have)+0.017%+$2 · spread now +0.035%, 7d avg +0.023%
=Together, before fees−0.003%+ Points / potential airdropAster: Stage 5 · farm board$0 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Derive HYPE-PERP | 93.844 | 0.0015 | pay 0.0002% / 1h | 8m 26s | $16.4M | $7.6M | 10x |
| Short | Aster HYPEUSDT | 93.877 | 0.0012 | get 0.0006% / 4h | 3h 08m | $8.9M | $36.0M | 300x |
Derive HYPE-PERP
Aster HYPEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Derive. 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
- −$0.51
- Price spread: +0.035% → +0.023%
- $1.22
- Slippage, 4 orders
- no order book: not counted
- Fee Derive: 3 bp × 2 orders
- −$6
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$13.28
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: Derive: no order-book sample; Aster: live order book, 6 min ago. Net counts fees only.
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 Derive no order-book sample | — | — | — | — | — |
| Sell Aster live order book, 6 min ago | 0.75 bp | 4.8 bp −$5 | 5.3 bp −$53 | 12.8 bp −$1,277 | doesn't fit |
Derive: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.1152% | 1h | 93.929 | +0.090% | $199K | $228K | 7x | as long as short |
| Arcus HYPE-USD | −0.0625% | 1h | 93.778 | −0.071% | $1.2M | $3.9M | 10x | as long as short |
| Aftermath Perps HYPEUSD | −0.0208% | 1h | 93.964 | +0.127% | $22K | $21K | 10x | as long as short |
| Ondo Perps HYPE-USD.P | −0.0099% | 1h | 93.860 | +0.017% | $710K | $958K | 10x | as long as short |
| Phemex HYPEUSDT | −0.0095% | 8h | 93.940 | +0.102% | $12.8M | $2.6M | 50x | as long as short |
| dYdX HYPE-USD | −0.0087% | 1h | 93.911 | +0.072% | $129K | $31K | 5x | as long as short |
| 01 Exchange HYPEUSD | −0.0080% | 1h | 93.900 | +0.059% | $86K | $359K | 20x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 93.953 | +0.116% | $3K | $331 | 25x | as long as short |
| Bullet HYPE-USD | −0.0047% | 1h | 93.896 | +0.055% | $113K | $580K | 20x | as long as short |
| Orderly PERP_HYPE_USDC | −0.0031% | 4h | 93.868 | +0.025% | $159K | $643K | 20x | as long as short |
Hibachi HYPE/USDT-P
Arcus HYPE-USD
Aftermath Perps HYPEUSD
Ondo Perps HYPE-USD.P
Phemex HYPEUSDT
dYdX HYPE-USD
01 Exchange HYPEUSD
Hotstuff HYPE-PERP
Bullet HYPE-USD
Orderly PERP_HYPE_USDCShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate HYPE_USDT | −0.0020% | 4h | 93.888 | +0.047% | $44.4M | $60.3M | 75x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 93.935 | +0.097% | $23K | $327K | 10x | as long as short |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0003% | 1h | 93.921 | +0.082% | $27K | — | 150x | as long as short |
| Aster HYPEUSDTshort | +0.0012% | 4h | 93.877 | +0.035% | $8.9M | $36.0M | 300x | |
| Derive HYPE-PERPlong | +0.0015% | 1h | 93.844 | long leg | $16.4M | $7.6M | 10x | |
| Bybit HYPEUSDT | +0.0016% | 8h | 93.891 | +0.050% | $323.2M | $279.6M | 75x | as long as short |
| Phoenix HYPE | +0.0034% | 1h | 94.071 | +0.242% | $218K | $1.2M | 10x | as long as short |
| MEXC HYPE_USDT | +0.0052% | 4h | 93.918 | +0.079% | $88.4M | $83.3M | 100x | as long as short |
| Binance HYPEUSDT | +0.0056% | 4h | 93.896 | +0.055% | $383.3M | $893.9M | 75x | as long as short |
| edgeX HYPEUSDC | +0.0065% | 4h | 93.937 | +0.099% | $5.1M | $29.6M | 30x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0073% | 8h | 93.901 | +0.061% | $116.1M | $315.0M | 50x | as long as short |
| Bluefin HYPE-PERP | +0.0095% | 1h | 93.845 | +0.001% | $76K | $170K | 20x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 93.924 | +0.085% | $18.9M | $60.7M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 93.905 | +0.065% | $3.0M | $12.2M | 20x | as long as short |
| Popdex HYPEUSDT | +0.0096% | 1h | 93.896 | +0.055% | $64K | $1.2M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0096% | 1h | 93.874 | +0.031% | $399K | $180K | 20x | as long as short |
| Paradex HYPE-USD-PERP | +0.0099% | 8h | 93.928 | +0.090% | $341K | $165K | 20x | as long as short |
| Katana Perps HYPE-USD | +0.0100% | 8h | 93.890 | +0.049% | $31K | $1.6M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 93.891 | +0.049% | $6.6M | $44.6M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 93.967 | +0.131% | $2.05B | $668.4M | 10x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 93.912 | +0.072% | $10.1M | $14.7M | 20x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 93.528 | −0.337% | $204K | $12K | 10x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 93.904 | +0.064% | $46.6M | $18.3M | 75x | as long as short |
| Bitget HYPEUSDT | +0.0100% | 4h | 93.898 | +0.057% | $227.4M | $100.2M | 75x | as long as short |
| BingX HYPE-USDT | +0.0100% | 4h | 93.909 | +0.069% | — | $53.9M | — | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 93.871 | +0.029% | $7.9M | $10.5M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 93.920 | +0.080% | $31.4M | $53.7M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 94.053 | +0.222% | $7.6M | $46.1M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 93.946 | +0.108% | $340K | $1.1M | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 94.033 | +0.201% | $671K | $2.6M | 20x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 93.947 | +0.109% | — | $243K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 93.931 | +0.092% | $474K | $2.5M | 20x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 93.936 | +0.098% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 93.892 | +0.051% | $2.0M | $2.0M | 10x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 93.874 | +0.032% | $18.4M | $45.1M | 50x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0144% | 1h | 93.900 | +0.059% | $4.9M | $5.5M | 50x | as long as short |
| Injective HYPE/USDC PERP | +0.0205% | 1h | 94.490 | +0.688% | $31K | $338K | 12x | as long as short |
| BloFin HYPE-USDT | +0.0212% | 4h | 94.058 | +0.228% | $17.1M | $12.1M | 75x | as long as short |
| RISEx HYPE/USDC | +0.0222% | 1h | 93.927 | +0.088% | $2.7M | $6.7M | 20x | as long as short |
| Kalshi KXHYPEPERP | +0.0241% | 8h | 94.083 | +0.254% | $1.9M | $5.1M | 2.3x | as long as short |
| Reya HYPERUSDPERP | +0.0252% | 1h | 93.904 | +0.064% | $79K | $143K | 15x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0335% / S −0.0156% | 1h | 93.913 | +0.073% | $1.4M | — | 100x | as long as short |
| HTX HYPE-USDT | +0.0366% | 4h | 94.211 | +0.391% | $1.5M | $5.9M | 75x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0463% | 1h | 93.987 | +0.152% | $7.5M | $4.6M | 50x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0672% | 1h | 93.973 | +0.137% | $21.0M | $29.8M | 50x | as long as short |
Gate HYPE_USDT
Perpl HYPE
gTrade (Gains Network) HYPE/USD
Bybit HYPEUSDT
Phoenix HYPE
MEXC HYPE_USDT
Binance HYPEUSDT
edgeX HYPEUSDC
OKX HYPE-USDT-SWAP
Bluefin HYPE-PERP
Lighter HYPE
Lighter RH HYPE
Popdex HYPEUSDT
Aevo HYPE-PERP
Paradex HYPE-USD-PERP
Katana Perps HYPE-USD
Nado HYPE-PERP
Hyperliquid HYPE
Pacifica HYPE
Bulk HYPE-USD
KuCoin HYPEUSDTM
Bitget HYPEUSDT
BingX HYPE-USDT
Backpack HYPE_USDC_PERP
Variational Omni HYPE
GRVT HYPE_USDT_Perp
ApeX Omni HYPEUSDT
StandX HYPE-USD
Vest HYPE-PERP
Polymarket Perps HYPE-USD
SunX HYPE-USDT
SoDEX HYPE-USD
Extended HYPE-USD
Coinbase International HYPE-PERP-INTX
Injective HYPE/USDC PERP
BloFin HYPE-USDT
RISEx HYPE/USDC
Kalshi KXHYPEPERP
Reya HYPERUSDPERP
GMX HYPE/USD [WBTC.b-USDC]
HTX HYPE-USDT
Deribit HYPE_USDC-PERPETUAL
Kraken Futures PF_HYPEUSD