Settings8H · net · $10k
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Funding arb · Price arb /

HYPE

all HYPE markets
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Alert: funding
Measured
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Alert: spread
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Funding you earn now, next payment 06:00 UTC−0.0046%/8h= −5.0% APRnext payment −$0.06 per $10,000 · paid last 24h +0.016%
Price spread now: Bullet against dYdX+0.013%7-day average +0.016% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$73as in the Price arb table
costs, in and out, $10k−$730.726% of the position
Long on dYdXShort on Bullet
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.062%+$6 on $10k
Price spread, last 4 days (all we have)+0.248%+$25 · spread now +0.013%, 7d avg +0.016%
Together, before fees+0.310%+$31 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.016%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate. Mind the row above: over the last 3 days funding on this pair paid +0.062%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX HYPE-USD93.5300get 0.0000% / 1h49m 20s$128K$29K5x
ShortBullet HYPE-USD93.542−0.0046pay 0.0006% / 1h49m 20s$111K$578K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bullet 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

Funding earned
−$9.62
Price spread: +0.013% → +0.016%
−$0.33
Slippage, 4 orders
−$54.61
Fee dYdX: 5 bp × 2 orders
−$10
Fee Bullet: 4 bp × 2 orders
−$8
Net
−$82.56
Costs to cover
0.726%
Break-even
never at this rate
Slippage from dYdX: live order book, 65 min ago; Bullet: live order book, 65 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy dYdX live order book, 65 min ago25.44 bp30.4 bp −$3042.8 bp −$428124.5 bp −$12.4K828.3 bp −$414.1K
Sell Bullet live order book, 65 min ago0.05 bp5.5 bp −$69.6 bp −$96doesn't fitdoesn't fit

HYPE on 55 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hibachi HYPE/USDT-P−0.1848%1h93.418−0.119%$196K$232K7xas long as short
Aftermath Perps HYPEUSD−0.0365%1h93.494−0.038%$22K$21K10xas long as short
Hotstuff HYPE-PERP−0.0080%1h93.494−0.039%$3K$33125xas long as short
Bullet HYPE-USDshort−0.0046%1h93.542+0.013%$111K$578K20x
Orderly PERP_HYPE_USDC−0.0032%4h93.520−0.011%$146K$663K20xas long as short
01 Exchange HYPEUSD−0.0032%1h93.528−0.002%$88K$365K20xas long as short
Ondo Perps HYPE-USD.P−0.0011%1h93.580+0.053%$704K$1.2M10xas long as short
dYdX HYPE-USDlong0.0000%1h93.530long leg$128K$29K5x
Perpl HYPE0.0000%43m93.508−0.024%$22K$290K10xas long as short
gTrade (Gains Network) HYPE/USDL +0.0002% / S −0.0002%1h93.559+0.031%$62K—150xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus HYPE-USD+0.0011%1h93.473−0.061%$1.0M$3.9M10xas long as short
Phemex HYPEUSDT+0.0018%8h93.489−0.044%$12.6M$2.7M50xas long as short
Bitget HYPEUSDT+0.0018%4h93.536+0.006%$226.3M$99.1M75xas long as short
Bybit HYPEUSDT+0.0025%8h93.540+0.011%$318.1M$283.6M75xas long as short
Phoenix HYPE+0.0026%1h93.701+0.183%$210K$1.2M10xas long as short
edgeX HYPEUSDC+0.0083%4h93.497−0.035%$5.0M$29.9M30xas long as short
Paradex HYPE-USD-PERP+0.0095%8h93.552+0.023%$340K$162K20xas long as short
Lighter HYPE+0.0096%1h93.522−0.009%$16.2M$63.0M20xas long as short
Lighter RH HYPE+0.0096%1h93.522−0.009%$3.1M$11.4M20xas long as short
Popdex HYPEUSDT+0.0096%1h93.501−0.031%$77K$1.1M50xas long as short
Katana Perps HYPE-USD+0.0099%8h93.500−0.032%$28K$1.7M10xas long as short
Nado HYPE-PERP+0.0100%1h93.511−0.020%$7.6M$48.3M10xas long as short
Hyperliquid HYPE+0.0100%1h93.560+0.032%$2.04B$666.3M10xas long as short
Aster HYPEUSDT+0.0100%4h93.535+0.005%$8.7M$36.4M300xas long as short
Pacifica HYPE+0.0100%1h93.547+0.018%$10.1M$15.4M20xas long as short
Binance HYPEUSDT+0.0100%4h93.542+0.013%$375.0M$911.0M75xas long as short
OKX HYPE-USDT-SWAP+0.0100%8h93.538+0.008%$114.7M$309.5M50xas long as short
Bulk HYPE-USD+0.0100%1h93.614+0.090%$204K$3K10xas long as short
Gate HYPE_USDT+0.0100%4h93.5300.000%$46.4M$54.0M75xas long as short
MEXC HYPE_USDT+0.0100%4h93.522−0.009%$92.1M$80.2M100xas long as short
KuCoin HYPEUSDTM+0.0100%4h93.517−0.014%$46.8M$18.7M75xas long as short
BingX HYPE-USDT+0.0100%4h93.539+0.009%—$54.0M—as long as short
Backpack HYPE_USDC_PERP+0.0100%1h93.516−0.015%$7.3M$10.8M20xas long as short
Variational Omni HYPE+0.0100%8h93.649+0.127%$28.7M$56.6M—as long as short
GRVT HYPE_USDT_Perp+0.0100%4h93.675+0.155%$7.6M$47.1M10xas long as short
ApeX Omni HYPEUSDT+0.0100%1h93.596+0.070%$343K$1.0M50xas long as short
StandX HYPE-USD+0.0100%1h93.626+0.102%$670K$2.9M20xas long as short
Vest HYPE-PERP+0.0100%1h93.574+0.047%—$243K5xas long as short
Polymarket Perps HYPE-USD+0.0100%1h93.527−0.003%$490K$2.7M20xas long as short
Bluefin HYPE-PERP+0.0100%1h93.517−0.014%$79K$166K20xas long as short
Derive HYPE-PERP+0.0100%1h93.521−0.010%$16.1M$7.5M10xas long as short
SunX HYPE-USDT+0.0100%4h93.494−0.039%$32K$1.6M20xas long as short
SoDEX HYPE-USD+0.0100%1h93.5300.000%$2.0M$1.9M10xas long as short
HTX HYPE-USDT+0.0100%4h93.650+0.128%$1.4M$6.4M75xas long as short
Extended HYPE-USD+0.0104%1h93.516−0.015%$18.2M$43.3M50xas long as short
Aevo HYPE-PERP+0.0104%1h93.539+0.010%$395K$161K20xas long as short
Kalshi KXHYPEPERP+0.0120%8h93.666+0.145%$1.8M$5.6M2.3xas long as short
Injective HYPE/USDC PERP+0.0122%1h93.440−0.096%$30K$339K12xas long as short
Coinbase International HYPE-PERP-INTX+0.0144%1h93.550+0.021%$4.8M$5.6M50xas long as short
Reya HYPERUSDPERP+0.0268%1h93.496−0.036%$80K$131K15xas long as short
GMX HYPE/USD [WBTC.b-USDC]L +0.0332% / S −0.0154%1h93.554+0.026%$1.4M—100xas long as short
BloFin HYPE-USDT+0.0340%4h93.673+0.153%$16.9M$11.9M75xas long as short
Kraken Futures PF_HYPEUSD+0.0340%1h93.613+0.088%$20.9M$29.6M50xas long as short
Deribit HYPE_USDC-PERPETUAL+0.0434%1h93.635+0.112%$7.5M$4.0M50xas long as short
RISEx HYPE/USDC+0.0527%1h93.568+0.040%$3.2M$6.3M20xas long as short