Funding you earn now, next payment 23:00 UTC+0.0104%/8h= +11.4% APRnext payment +$0.13 per $10,000 · paid last 24h +0.028%
Price spread now: Extended against dYdX−0.009%7-day average −0.042% · you buy dearer than you sell
Net, funding: paid 7d − costs−$49as in the Funding arb table
Net, price: spread back to 7d avg − costs−$62as in the Price arb table
costs, in and out, $10k−$650.653% of the position
Funding, last 7 days+0.159%+$16 on $10k
+Price spread, last 4 days (all we have)+0.043%+$4 · spread now −0.009%, 7d avg −0.042%
=Together, before fees+0.201%+ Points / potential airdropExtended: Active · farm board+$20 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Extended is 0.033% dearer against dYdX than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.042%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX HYPE-USD | 93.227 | 0 | get 0.0000% / 1h | 7m 51s | $127K | $32K | 5x |
| Short | Extended HYPE-USD | 93.218 | 0.0104 | get 0.0013% / 1h | 7m 51s | $18.2M | $41.6M | 50x |
dYdX HYPE-USD
Extended HYPE-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against dYdX. 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
- $21.84
- Price spread: −0.009% → −0.042%
- $3.29
- Slippage, 4 orders
- −$50.3
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$40.16
- Costs to cover
- 0.653%
- Break-even
- 19.9 days
Slippage from dYdX: live order book, 11 min ago; Extended: live order book, 1 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 dYdX live order book, 11 min ago | 25.09 bp | 30.1 bp −$30 | 42.5 bp −$425 | 480.5 bp −$48.0K | 1639.4 bp −$819.7K |
| Sell Extended live order book, 1 min ago | 0.05 bp | 2.6 bp −$3 | 3.1 bp −$31 | 22.6 bp −$2,258 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps HYPEUSD | −0.0466% | 1h | 93.232 | +0.006% | $22K | $22K | 10x | as long as short |
| Hibachi HYPE/USDT-P | −0.0400% | 1h | 93.275 | +0.052% | $197K | $229K | 7x | as long as short |
| Arcus HYPE-USD | −0.0131% | 1h | 93.203 | −0.026% | $1.2M | $3.9M | 10x | as long as short |
| Ondo Perps HYPE-USD.P | −0.0126% | 1h | 93.160 | −0.072% | $699K | $895K | 10x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 93.297 | +0.075% | $3K | $331 | 25x | as long as short |
| 01 Exchange HYPEUSD | −0.0024% | 1h | 93.246 | +0.021% | $90K | $358K | 20x | as long as short |
| dYdX HYPE-USDlong | 0.0000% | 1h | 93.227 | long leg | $127K | $32K | 5x | |
| Popdex HYPEUSDT | 0.0000% | 1h | 93.220 | −0.007% | $58K | $1.2M | 50x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 93.247 | +0.022% | $23K | $330K | 10x | as long as short |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0002% | 1h | 93.264 | +0.040% | $27K | — | 150x | as long as short |
Aftermath Perps HYPEUSD
Hibachi HYPE/USDT-P
Arcus HYPE-USD
Ondo Perps HYPE-USD.P
Hotstuff HYPE-PERP
01 Exchange HYPEUSD
Popdex HYPEUSDT
Perpl HYPE
gTrade (Gains Network) HYPE/USDShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster HYPEUSDT | +0.0003% | 4h | 93.225 | −0.002% | $8.9M | $35.7M | 300x | as long as short |
| Orderly PERP_HYPE_USDC | +0.0017% | 4h | 93.247 | +0.022% | $176K | $524K | 20x | as long as short |
| Bybit HYPEUSDT | +0.0022% | 8h | 93.170 | −0.061% | $322.6M | $281.9M | 75x | as long as short |
| Phoenix HYPE | +0.0034% | 1h | 93.306 | +0.085% | $214K | $1.2M | 10x | as long as short |
| Bullet HYPE-USD | +0.0047% | 1h | 93.232 | +0.005% | $111K | $577K | 20x | as long as short |
| Derive HYPE-PERP | +0.0050% | 1h | 93.190 | −0.039% | $16.3M | $7.0M | 10x | as long as short |
| Binance HYPEUSDT | +0.0061% | 4h | 93.192 | −0.037% | $382.6M | $887.8M | 75x | as long as short |
| Gate HYPE_USDT | +0.0062% | 4h | 93.231 | +0.004% | $44.0M | $58.8M | 75x | as long as short |
| MEXC HYPE_USDT | +0.0062% | 4h | 93.239 | +0.013% | $90.1M | $82.3M | 100x | as long as short |
| edgeX HYPEUSDC | +0.0080% | 4h | 93.250 | +0.025% | $5.1M | $29.6M | 30x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 93.246 | +0.020% | $18.6M | $59.0M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 93.235 | +0.009% | $3.1M | $12.2M | 20x | as long as short |
| Aevo HYPE-PERP | +0.0096% | 1h | 93.229 | +0.003% | $397K | $318K | 20x | as long as short |
| Paradex HYPE-USD-PERP | +0.0099% | 8h | 93.306 | +0.085% | $339K | $170K | 20x | as long as short |
| Katana Perps HYPE-USD | +0.0100% | 8h | 93.250 | +0.025% | $35K | $1.6M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 93.288 | +0.066% | $5.9M | $44.1M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 93.260 | +0.036% | $2.03B | $661.0M | 10x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 93.319 | +0.099% | $10.1M | $14.5M | 20x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0100% | 8h | 93.205 | −0.023% | $114.0M | $312.3M | 50x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 93.253 | +0.028% | $47.0M | $18.5M | 75x | as long as short |
| Bitget HYPEUSDT | +0.0100% | 4h | 93.229 | +0.002% | $226.1M | $102.7M | 75x | as long as short |
| BingX HYPE-USDT | +0.0100% | 4h | 93.217 | −0.011% | — | $53.7M | — | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 93.258 | +0.033% | $7.8M | $10.6M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 93.212 | −0.015% | $30.8M | $51.9M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 93.339 | +0.120% | $7.5M | $45.7M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 93.280 | +0.057% | $415K | $1.0M | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 93.273 | +0.049% | $675K | $2.4M | 20x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 93.283 | +0.061% | — | $454K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 93.259 | +0.034% | $493K | $2.5M | 20x | as long as short |
| Bluefin HYPE-PERP | +0.0100% | 1h | 93.257 | +0.032% | $76K | $167K | 20x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 93.281 | +0.058% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 93.230 | +0.003% | $2.0M | $2.0M | 10x | as long as short |
| Phemex HYPEUSDT | +0.0100% | 8h | 93.288 | +0.066% | $12.7M | $2.6M | 50x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 93.280 | +0.057% | $204K | $8K | 10x | as long as short |
| Extended HYPE-USDshort | +0.0104% | 1h | 93.218 | −0.009% | $18.2M | $41.6M | 50x | |
| Kalshi KXHYPEPERP | +0.0118% | 8h | 93.365 | +0.148% | $1.9M | $5.2M | 2.3x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0176% | 1h | 93.260 | +0.036% | $4.9M | $5.7M | 50x | as long as short |
| HTX HYPE-USDT | +0.0220% | 4h | 93.396 | +0.181% | $1.5M | $7.7M | 75x | as long as short |
| Injective HYPE/USDC PERP | +0.0239% | 1h | 93.530 | +0.325% | $30K | $338K | 12x | as long as short |
| Reya HYPERUSDPERP | +0.0247% | 1h | 93.236 | +0.010% | $77K | $159K | 15x | as long as short |
| BloFin HYPE-USDT | +0.0250% | 4h | 93.270 | +0.046% | $16.9M | $12.4M | 75x | as long as short |
| RISEx HYPE/USDC | +0.0280% | 1h | 93.277 | +0.054% | $2.7M | $6.8M | 20x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0339% / S −0.0165% | 1h | 93.260 | +0.036% | $1.4M | — | 100x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0361% | 1h | 93.326 | +0.106% | $7.4M | $4.5M | 50x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0465% | 1h | 93.341 | +0.123% | $20.9M | $28.9M | 50x | as long as short |
Aster HYPEUSDT
Orderly PERP_HYPE_USDC
Bybit HYPEUSDT
Phoenix HYPE
Bullet HYPE-USD
Derive HYPE-PERP
Binance HYPEUSDT
Gate HYPE_USDT
MEXC HYPE_USDT
edgeX HYPEUSDC
Lighter HYPE
Lighter RH HYPE
Aevo HYPE-PERP
Paradex HYPE-USD-PERP
Katana Perps HYPE-USD
Nado HYPE-PERP
Hyperliquid HYPE
Pacifica HYPE
OKX HYPE-USDT-SWAP
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
Bluefin HYPE-PERP
SunX HYPE-USDT
SoDEX HYPE-USD
Phemex HYPEUSDT
Bulk HYPE-USD
Kalshi KXHYPEPERP
Coinbase International HYPE-PERP-INTX
HTX HYPE-USDT
Injective HYPE/USDC PERP
Reya HYPERUSDPERP
BloFin HYPE-USDT
RISEx HYPE/USDC
GMX HYPE/USD [WBTC.b-USDC]
Deribit HYPE_USDC-PERPETUAL
Kraken Futures PF_HYPEUSD