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 08:00 UTC+0.0007%/8h= +0.8% APRnext payment +$0.04 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against edgeX+0.127%7-day average +0.036% · you sell dearer than you buy
Net, funding: paid 7d − costs−$33as in the Funding arb table
Net, price: spread back to 7d avg − costs−$22as in the Price arb table
costs, in and out, $10k−$310.315% of the position
Long on edgeXShort on KuCoin
What this pair did over the last
the charts below follow
Funding, last 7 days−0.013%−$1 on $10k
Price spread, last 7 days−0.098%−$10 · spread now +0.127%, 7d avg +0.036%
Together, before fees−0.110%+ Points / potential airdropedgeX: Active · farm board−$11 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.092% dearer against edgeX than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of +0.036%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX HYPEUSDC93.5000.0093pay 0.0046% / 4h2h 47m$5.0M$30.0M30x
ShortKuCoin HYPEUSDTM93.6190.0100get 0.0050% / 4h2h 47m$46.9M$18.7M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against edgeX. 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
$1.56
Price spread: +0.127% → +0.036%
$9.16
Slippage, 4 orders
−$10.48
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$20.76
Costs to cover
0.315%
Break-even
100.3 days
Slippage from edgeX: live order book, 6 min ago; KuCoin: live order book, 6 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 edgeX live order book, 6 min ago0.32 bp4.8 bp −$55.5 bp −$55182.6 bp −$18.3Kdoesn't fit
Sell KuCoin live order book, 6 min ago0.05 bp10.4 bp −$1015.0 bp −$150doesn'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%1h93.418−0.087%$196K$232K7xas long as short
Aftermath Perps HYPEUSD−0.0371%1h93.566+0.071%$22K$21K10xas long as short
Hotstuff HYPE-PERP−0.0080%1h93.617+0.125%$3K$33125xas long as short
Orderly PERP_HYPE_USDC−0.0031%4h93.675+0.187%$146K$663K20xas long as short
Bullet HYPE-USD−0.0029%1h93.707+0.222%$112K$578K20xas long as short
01 Exchange HYPEUSD−0.0024%1h93.557+0.061%$88K$366K20xas long as short
Ondo Perps HYPE-USD.P−0.0017%1h93.570+0.075%$704K$1.2M10xas long as short
dYdX HYPE-USD0.0000%1h93.630+0.139%$128K$29K5xas long as short
Perpl HYPE0.0000%43m93.704+0.218%$22K$290K10xas long as short
gTrade (Gains Network) HYPE/USDL +0.0002% / S −0.0002%1h93.730+0.246%$62K—150xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus HYPE-USD+0.0011%1h93.534+0.036%$1.0M$3.9M10xas long as short
Phemex HYPEUSDT+0.0014%8h93.681+0.194%$12.6M$2.7M50xas long as short
Bitget HYPEUSDT+0.0018%4h93.558+0.062%$226.4M$98.8M75xas long as short
Bybit HYPEUSDT+0.0025%8h93.529+0.031%$318.1M$283.8M75xas long as short
Phoenix HYPE+0.0026%1h93.701+0.215%$210K$1.2M10xas long as short
edgeX HYPEUSDClong+0.0093%4h93.500long leg$5.0M$30.0M30x
Paradex HYPE-USD-PERP+0.0095%8h93.649+0.159%$341K$162K20xas long as short
Lighter HYPE+0.0096%1h93.632+0.141%$16.2M$63.0M20xas long as short
Lighter RH HYPE+0.0096%1h93.616+0.124%$3.1M$11.4M20xas long as short
Popdex HYPEUSDT+0.0096%1h93.540+0.043%$77K$1.1M50xas long as short
Katana Perps HYPE-USD+0.0099%8h93.540+0.043%$28K$1.7M10xas long as short
Nado HYPE-PERP+0.0100%1h93.590+0.097%$7.8M$48.4M10xas long as short
Hyperliquid HYPE+0.0100%1h93.663+0.175%$2.04B$667.2M10xas long as short
Aster HYPEUSDT+0.0100%4h93.578+0.084%$8.8M$36.4M300xas long as short
Pacifica HYPE+0.0100%1h93.623+0.132%$10.1M$15.4M20xas long as short
Binance HYPEUSDT+0.0100%4h93.550+0.053%$375.1M$911.1M75xas long as short
OKX HYPE-USDT-SWAP+0.0100%8h93.530+0.032%$114.8M$309.5M50xas long as short
Bulk HYPE-USD+0.0100%1h93.614+0.122%$204K$3K10xas long as short
Gate HYPE_USDT+0.0100%4h93.572+0.077%$46.5M$54.0M75xas long as short
MEXC HYPE_USDT+0.0100%4h93.607+0.115%$92.0M$80.3M100xas long as short
KuCoin HYPEUSDTMshort+0.0100%4h93.619+0.127%$46.9M$18.7M75x
BingX HYPE-USDT+0.0100%4h93.561+0.065%—$54.0M—as long as short
Backpack HYPE_USDC_PERP+0.0100%1h93.649+0.159%$7.3M$10.9M20xas long as short
Variational Omni HYPE+0.0100%8h93.649+0.159%$28.7M$56.6M—as long as short
GRVT HYPE_USDT_Perp+0.0100%4h93.675+0.187%$7.6M$47.1M10xas long as short
ApeX Omni HYPEUSDT+0.0100%1h93.596+0.103%$343K$1.0M50xas long as short
StandX HYPE-USD+0.0100%1h93.699+0.213%$670K$2.9M20xas long as short
Vest HYPE-PERP+0.0100%1h93.622+0.130%—$243K5xas long as short
Polymarket Perps HYPE-USD+0.0100%1h93.728+0.244%$491K$2.7M20xas long as short
Bluefin HYPE-PERP+0.0100%1h93.701+0.215%$79K$166K20xas long as short
Derive HYPE-PERP+0.0100%1h93.654+0.165%$16.2M$7.5M10xas long as short
SunX HYPE-USDT+0.0100%4h93.687+0.200%$32K$1.6M20xas long as short
SoDEX HYPE-USD+0.0100%1h93.657+0.168%$2.0M$1.9M10xas long as short
HTX HYPE-USDT+0.0100%4h93.800+0.321%$1.4M$6.4M75xas long as short
Extended HYPE-USD+0.0104%1h93.525+0.027%$18.2M$43.2M50xas long as short
Aevo HYPE-PERP+0.0104%1h93.704+0.218%$396K$161K20xas long as short
Kalshi KXHYPEPERP+0.0113%8h93.740+0.257%$1.8M$5.6M2.3xas long as short
Injective HYPE/USDC PERP+0.0122%1h93.440−0.064%$30K$339K12xas long as short
Coinbase International HYPE-PERP-INTX+0.0144%1h93.790+0.310%$4.8M$5.6M50xas long as short
Reya HYPERUSDPERP+0.0268%1h93.697+0.210%$80K$131K15xas long as short
GMX HYPE/USD [WBTC.b-USDC]L +0.0332% / S −0.0154%1h93.724+0.240%$1.4M—100xas long as short
Kraken Futures PF_HYPEUSD+0.0340%1h93.733+0.249%$20.9M$29.6M50xas long as short
BloFin HYPE-USDT+0.0340%4h93.529+0.031%$16.9M$11.9M75xas long as short
Deribit HYPE_USDC-PERPETUAL+0.0422%1h93.751+0.269%$7.5M$4.0M50xas long as short
RISEx HYPE/USDC+0.0527%1h93.624+0.133%$3.2M$6.3M20xas long as short