HYPE

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0184%/8h= −20.1% APRnext payment −$0.23 per $10,000 · paid last 24h −0.055%

Price spread now: Hotstuff against Extended+0.149%7-day average — · you sell dearer than you buy

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

Long on Extended Short on Hotstuff

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—+ Points / potential airdropExtended: Active · Hotstuff: Active · farm boardneeds both histories

The price spread pays, funding is against you. Hotstuff is 0.149% dearer against Extended than usual: you sell high and buy low (spread +0.149% now, against zero (this spread has no 7-day history yet)): +$15 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 2.7 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended HYPE-USD	93.675	0.0104	pay 0.0013% / 1h	20m 07s	$18.3M	$44.2M	50x
Short	Hotstuff HYPE-PERP	93.815	−0.0080	pay 0.0010% / 1h	20m 07s	$3K	$331	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hotstuff against Extended. 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 ExtendedbpFee HotstuffbpOrdersPrice spread, now +0.149%Rate

Funding earned: −$38.64
Price spread: +0.149% → 0.000%: $14.92
Slippage, 4 orders: no order book: not counted
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Hotstuff: 2.5 bp × 2 orders: −$5
Net: −$33.72
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: Extended: live order book, 4 min ago; Hotstuff: 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 Extended live order book, 4 min ago	0.05 bp	2.6 bp −$3	4.1 bp −$41	25.6 bp −$2,558	doesn't fit
Sell Hotstuff no order-book sample	—	—	—	—	—

Hotstuff: 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 54 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	−0.1032%	1h	93.783	+0.115%	$197K	$229K	7x	as long as short
Arcus HYPE-USD	−0.0786%	1h	93.609	−0.071%	$1.2M	$3.8M	10x	as long as short
Phemex HYPEUSDT	−0.0118%	8h	93.762	+0.093%	$12.7M	$2.7M	50x	as long as short
Aftermath Perps HYPEUSD	−0.0103%	1h	93.815	+0.149%	$22K	$21K	10x	as long as short
Hotstuff HYPE-PERPshort	−0.0080%	1h	93.815	+0.149%	$3K	$331	25x
Ondo Perps HYPE-USD.P	−0.0079%	1h	93.850	+0.187%	$702K	$923K	10x	as long as short
Orderly PERP_HYPE_USDC	−0.0056%	4h	93.691	+0.017%	$156K	$646K	20x	as long as short
01 Exchange HYPEUSD	−0.0048%	1h	93.724	+0.052%	$85K	$350K	20x	as long as short
Backpack HYPE_USDC_PERP	−0.0036%	1h	93.701	+0.028%	$7.8M	$10.3M	20x	as long as short
Gate HYPE_USDT	−0.0028%	4h	93.717	+0.045%	$44.4M	$55.1M	75x	as long as short

Show all 54 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster HYPEUSDT	−0.0001%	4h	93.706	+0.033%	$8.8M	$35.8M	300x	as long as short
dYdX HYPE-USD	0.0000%	1h	93.756	+0.087%	$129K	$31K	5x	as long as short
Perpl HYPE	0.0000%	43m	93.755	+0.085%	$22K	$326K	10x	as long as short
gTrade (Gains Network) HYPE/USD	L +0.0002% / S −0.0003%	1h	93.746	+0.075%	$26K	—	150x	as long as short
Bybit HYPEUSDT	+0.0003%	8h	93.700	+0.026%	$321.8M	$280.8M	75x	as long as short
BingX HYPE-USDT	+0.0004%	4h	93.732	+0.061%	—	$53.6M	—	as long as short
Phoenix HYPE	+0.0060%	1h	93.885	+0.224%	$213K	$1.2M	10x	as long as short
Bullet HYPE-USD	+0.0064%	1h	93.716	+0.044%	$112K	$577K	20x	as long as short
Binance HYPEUSDT	+0.0067%	4h	93.706	+0.033%	$381.0M	$890.7M	75x	as long as short
MEXC HYPE_USDT	+0.0068%	4h	93.700	+0.026%	$88.9M	$83.2M	100x	as long as short
OKX HYPE-USDT-SWAP	+0.0068%	8h	93.700	+0.026%	$115.2M	$307.6M	50x	as long as short
edgeX HYPEUSDC	+0.0088%	4h	93.822	+0.157%	$5.1M	$29.9M	30x	as long as short
Paradex HYPE-USD-PERP	+0.0096%	8h	93.766	+0.096%	$341K	$164K	20x	as long as short
Lighter HYPE	+0.0096%	1h	93.728	+0.056%	$16.4M	$62.6M	20x	as long as short
Lighter RH HYPE	+0.0096%	1h	93.727	+0.055%	$3.1M	$11.9M	20x	as long as short
Popdex HYPEUSDT	+0.0096%	1h	93.713	+0.040%	$67K	$1.2M	50x	as long as short
Aevo HYPE-PERP	+0.0096%	1h	93.714	+0.041%	$399K	$175K	20x	as long as short
Katana Perps HYPE-USD	+0.0100%	8h	93.750	+0.080%	$21K	$1.6M	10x	as long as short
Nado HYPE-PERP	+0.0100%	1h	93.727	+0.055%	$5.8M	$44.7M	10x	as long as short
Hyperliquid HYPE	+0.0100%	1h	93.812	+0.146%	$2.05B	$665.7M	10x	as long as short
Pacifica HYPE	+0.0100%	1h	93.757	+0.087%	$10.1M	$14.7M	20x	as long as short
KuCoin HYPEUSDTM	+0.0100%	4h	93.737	+0.066%	$46.4M	$18.0M	75x	as long as short
Bitget HYPEUSDT	+0.0100%	4h	93.712	+0.039%	$227.0M	$98.4M	75x	as long as short
Variational Omni HYPE	+0.0100%	8h	93.748	+0.077%	$31.1M	$54.6M	—	as long as short
GRVT HYPE_USDT_Perp	+0.0100%	4h	93.837	+0.173%	$7.6M	$47.1M	10x	as long as short
ApeX Omni HYPEUSDT	+0.0100%	1h	93.823	+0.158%	$339K	$1.0M	50x	as long as short
StandX HYPE-USD	+0.0100%	1h	93.887	+0.226%	$670K	$2.6M	20x	as long as short
Vest HYPE-PERP	+0.0100%	1h	93.787	+0.120%	—	$243K	5x	as long as short
Polymarket Perps HYPE-USD	+0.0100%	1h	93.750	+0.080%	$473K	$2.4M	20x	as long as short
Bluefin HYPE-PERP	+0.0100%	1h	93.673	−0.002%	$79K	$171K	20x	as long as short
Derive HYPE-PERP	+0.0100%	1h	93.699	+0.026%	$16.3M	$7.7M	10x	as long as short
SunX HYPE-USDT	+0.0100%	4h	93.796	+0.129%	$32K	$1.6M	20x	as long as short
SoDEX HYPE-USD	+0.0100%	1h	93.701	+0.028%	$2.0M	$1.9M	10x	as long as short
Bulk HYPE-USD	+0.0100%	1h	93.880	+0.219%	$204K	$10K	10x	as long as short
Extended HYPE-USDlong	+0.0104%	1h	93.675	long leg	$18.3M	$44.2M	50x
Coinbase International HYPE-PERP-INTX	+0.0136%	1h	93.830	+0.165%	$4.9M	$5.5M	50x	as long as short
Injective HYPE/USDC PERP	+0.0137%	1h	93.740	+0.069%	$30K	$339K	12x	as long as short
HTX HYPE-USDT	+0.0198%	4h	93.873	+0.211%	$1.4M	$5.9M	75x	as long as short
RISEx HYPE/USDC	+0.0210%	1h	93.801	+0.135%	$3.2M	$7.0M	20x	as long as short
Reya HYPERUSDPERP	+0.0255%	1h	93.709	+0.037%	$80K	$140K	15x	as long as short
Kalshi KXHYPEPERP	+0.0278%	8h	93.786	+0.118%	$1.9M	$4.9M	2.3x	as long as short
GMX HYPE/USD [WBTC.b-USDC]	L +0.0332% / S −0.0156%	1h	93.737	+0.066%	$1.4M	—	100x	as long as short
Deribit HYPE_USDC-PERPETUAL	+0.0390%	1h	93.806	+0.140%	$7.4M	$4.5M	50x	as long as short
Kraken Futures PF_HYPEUSD	+0.0680%	1h	93.795	+0.128%	$20.9M	$29.8M	50x	as long as short