HYPE

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0260%/8h= −28.5% APRnext payment −$0.33 per $10,000 · paid last 24h +0.041%

Price spread now: Aftermath Perps against dYdX+0.040%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on dYdX Short on Aftermath Perps

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. Aftermath Perps is 0.040% dearer against dYdX than usual: you sell high and buy low (spread +0.040% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 12 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX HYPE-USD	93.280	0	get 0.0000% / 1h	2m 59s	$127K	$32K	5x
Short	Aftermath Perps HYPEUSD	93.318	−0.0260	pay 0.0033% / 1h	2m 59s	$22K	$22K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aftermath Perps against dYdX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee dYdXbpFee Aftermath PerpsbpOrdersPrice spread, now +0.040%Rate

Funding earned: −$54.6
Price spread: +0.040% → 0.000%: $4.05
Slippage, 4 orders: no order book: not counted
Fee dYdX: 5 bp × 2 orders: −$10
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Net: −$69.56
Costs to cover: 0.190%
Break-even: never at this rate

Slippage unknown: dYdX: live order book, 21 min ago; Aftermath Perps: no order-book sample. 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 dYdX live order book, 21 min ago	25.29 bp	30.3 bp −$30	42.7 bp −$427	131.3 bp −$13.1K	547.5 bp −$273.7K
Sell Aftermath Perps no order-book sample	—	—	—	—	—

Aftermath Perps: 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	−0.0808%	1h	93.269	−0.012%	$197K	$233K	7x	as long as short
Aftermath Perps HYPEUSDshort	−0.0260%	1h	93.318	+0.040%	$22K	$22K	10x
Ondo Perps HYPE-USD.P	−0.0225%	1h	93.180	−0.107%	$700K	$932K	10x	as long as short
01 Exchange HYPEUSD	−0.0080%	1h	93.266	−0.015%	$90K	$360K	20x	as long as short
Hotstuff HYPE-PERP	−0.0080%	1h	93.238	−0.045%	$3K	$331	25x	as long as short
Bullet HYPE-USD	−0.0045%	1h	93.277	−0.003%	$111K	$580K	20x	as long as short
Derive HYPE-PERP	−0.0037%	1h	93.242	−0.041%	$16.4M	$7.1M	10x	as long as short
dYdX HYPE-USDlong	0.0000%	1h	93.280	long leg	$127K	$32K	5x
Kalshi KXHYPEPERP	0.0000%	8h	93.370	+0.097%	$1.9M	$5.3M	2.3x	as long as short
Perpl HYPE	0.0000%	43m	93.287	+0.007%	$23K	$334K	10x	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	93.325	+0.048%	$20K	—	150x	as long as short
Aster HYPEUSDT	+0.0010%	4h	93.283	+0.003%	$8.9M	$35.7M	300x	as long as short
Bybit HYPEUSDT	+0.0029%	8h	93.280	0.000%	$324.9M	$287.2M	75x	as long as short
Popdex HYPEUSDT	+0.0032%	1h	93.243	−0.039%	$56K	$1.2M	50x	as long as short
Gate HYPE_USDT	+0.0032%	4h	93.281	+0.001%	$44.0M	$58.0M	75x	as long as short
Orderly PERP_HYPE_USDC	+0.0051%	4h	93.295	+0.016%	$167K	$514K	20x	as long as short
Phoenix HYPE	+0.0068%	1h	93.279	−0.001%	$215K	$1.2M	10x	as long as short
Vest HYPE-PERP	+0.0077%	1h	93.267	−0.014%	—	$454K	5x	as long as short
SoDEX HYPE-USD	+0.0088%	1h	93.300	+0.022%	$2.0M	$2.0M	10x	as long as short
Bluefin HYPE-PERP	+0.0096%	1h	93.297	+0.018%	$76K	$168K	20x	as long as short
Lighter HYPE	+0.0096%	1h	93.331	+0.055%	$18.6M	$60.1M	20x	as long as short
Lighter RH HYPE	+0.0096%	1h	93.318	+0.041%	$3.1M	$12.4M	20x	as long as short
StandX HYPE-USD	+0.0097%	1h	93.292	+0.013%	$675K	$2.5M	20x	as long as short
Paradex HYPE-USD-PERP	+0.0099%	8h	93.262	−0.019%	$339K	$170K	20x	as long as short
Katana Perps HYPE-USD	+0.0100%	8h	93.280	0.000%	$36K	$1.6M	10x	as long as short
Nado HYPE-PERP	+0.0100%	1h	93.243	−0.040%	$5.9M	$44.1M	10x	as long as short
Hyperliquid HYPE	+0.0100%	1h	93.355	+0.081%	$2.03B	$671.5M	10x	as long as short
Pacifica HYPE	+0.0100%	1h	93.274	−0.006%	$10.0M	$14.4M	20x	as long as short
Binance HYPEUSDT	+0.0100%	4h	93.298	+0.020%	$384.9M	$889.2M	75x	as long as short
OKX HYPE-USDT-SWAP	+0.0100%	8h	93.277	−0.003%	$114.7M	$314.7M	50x	as long as short
Arcus HYPE-USD	+0.0100%	1h	93.216	−0.068%	$1.2M	$4.0M	10x	as long as short
Bulk HYPE-USD	+0.0100%	1h	93.285	+0.006%	$204K	$12K	10x	as long as short
MEXC HYPE_USDT	+0.0100%	4h	93.299	+0.021%	$92.9M	$82.5M	100x	as long as short
KuCoin HYPEUSDTM	+0.0100%	4h	93.291	+0.012%	$46.2M	$18.8M	75x	as long as short
Bitget HYPEUSDT	+0.0100%	4h	93.305	+0.027%	$226.6M	$102.6M	75x	as long as short
BingX HYPE-USDT	+0.0100%	4h	93.285	+0.006%	—	$54.1M	—	as long as short
Backpack HYPE_USDC_PERP	+0.0100%	1h	93.325	+0.048%	$7.9M	$11.7M	20x	as long as short
Variational Omni HYPE	+0.0100%	8h	93.211	−0.074%	$29.0M	$50.3M	—	as long as short
GRVT HYPE_USDT_Perp	+0.0100%	4h	93.271	−0.009%	$7.5M	$45.0M	10x	as long as short
ApeX Omni HYPEUSDT	+0.0100%	1h	93.255	−0.027%	$405K	$1.0M	50x	as long as short
Polymarket Perps HYPE-USD	+0.0100%	1h	93.282	+0.002%	$492K	$2.6M	20x	as long as short
SunX HYPE-USDT	+0.0100%	4h	93.281	+0.001%	$32K	$1.6M	20x	as long as short
Phemex HYPEUSDT	+0.0100%	8h	93.282	+0.002%	$12.7M	$2.6M	50x	as long as short
Extended HYPE-USD	+0.0104%	1h	93.286	+0.006%	$18.4M	$41.7M	50x	as long as short
Aevo HYPE-PERP	+0.0104%	1h	93.316	+0.039%	$397K	$318K	20x	as long as short
edgeX HYPEUSDC	+0.0113%	4h	93.228	−0.056%	$5.1M	$29.4M	30x	as long as short
Coinbase International HYPE-PERP-INTX	+0.0208%	1h	93.320	+0.043%	$4.9M	$5.7M	50x	as long as short
Reya HYPERUSDPERP	+0.0246%	1h	93.281	+0.001%	$78K	$158K	15x	as long as short
Injective HYPE/USDC PERP	+0.0285%	1h	93.910	+0.676%	$31K	$291K	12x	as long as short
HTX HYPE-USDT	+0.0296%	4h	93.446	+0.178%	$1.5M	$7.6M	75x	as long as short
Deribit HYPE_USDC-PERPETUAL	+0.0328%	1h	93.407	+0.136%	$7.4M	$4.6M	50x	as long as short
GMX HYPE/USD [WBTC.b-USDC]	L +0.0339% / S −0.0165%	1h	93.326	+0.049%	$1.4M	—	100x	as long as short
BloFin HYPE-USDT	+0.0340%	4h	93.243	−0.039%	$17.1M	$12.4M	75x	as long as short
RISEx HYPE/USDC	+0.0467%	1h	93.309	+0.032%	$2.8M	$6.8M	20x	as long as short
Kraken Futures PF_HYPEUSD	+0.0574%	1h	93.448	+0.180%	$19.6M	$26.8M	50x	as long as short