Funding you earn now, next payment 00:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.00 per $10,000 · paid last 24h −0.003%
Price spread now: Polymarket Perps against Extended−0.036%7-day average −0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs−$21as in the Funding arb table
Net, price: spread back to 7d avg − costs−$16as in the Price arb table
costs, in and out, $10k−$140.144% of the position
Funding, last 7 days−0.071%−$7 on $10k
+Price spread, last 7 days+0.068%+$7 · spread now −0.036%, 7d avg −0.018%
=Together, before fees−0.003%+ Points / potential airdropExtended: Active · farm board$0 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended HYPE-USD | 93.740 | 0.0104 | pay 0.0013% / 1h | 20m 45s | $18.4M | $42.8M | 50x |
| Short | Polymarket Perps HYPE-USD | 93.706 | 0.0100 | get 0.0013% / 1h | 20m 45s | $491K | $2.4M | 20x |
Extended HYPE-USD
Polymarket Perps HYPE-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against Extended. 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
- −$0.84
- Price spread: −0.036% → −0.018%
- −$1.76
- Slippage, 4 orders
- −$1.39
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$16.99
- Costs to cover
- 0.144%
- Break-even
- never at this rate
Slippage from Extended: live order book, 3 min ago; Polymarket Perps: live order book, 3 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 Extended live order book, 3 min ago | 0.05 bp | 2.6 bp −$3 | 5.9 bp −$59 | 24.6 bp −$2,463 | doesn't fit |
| Sell Polymarket Perps live order book, 3 min ago | 0.64 bp | 4.6 bp −$5 | 6.0 bp −$60 | 10.4 bp −$1,045 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Hibachi HYPE/USDT-P | −0.0992% | 1h | 93.602 | −0.147% | $198K | $230K | 7x | as long as short |
| Aftermath Perps HYPEUSD | −0.0396% | 1h | 93.644 | −0.102% | $22K | $22K | 10x | as long as short |
| Arcus HYPE-USD | −0.0233% | 1h | 93.559 | −0.193% | $1.2M | $3.8M | 10x | as long as short |
| Ondo Perps HYPE-USD.P | −0.0089% | 1h | 93.680 | −0.064% | $704K | $912K | 10x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 93.557 | −0.195% | $3K | $331 | 25x | as long as short |
| 01 Exchange HYPEUSD | −0.0064% | 1h | 93.671 | −0.073% | $86K | $367K | 20x | as long as short |
| Orderly PERP_HYPE_USDC | −0.0001% | 4h | 93.700 | −0.042% | $168K | $586K | 20x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 93.737 | −0.002% | $128K | $30K | 5x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 93.700 | −0.043% | $23K | $329K | 10x | as long as short |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0003% | 1h | 93.727 | −0.014% | $26K | — | 150x | as long as short |
Hibachi HYPE/USDT-P
Aftermath Perps HYPEUSD
Arcus HYPE-USD
Ondo Perps HYPE-USD.P
Hotstuff HYPE-PERP
01 Exchange HYPEUSD
Orderly PERP_HYPE_USDC
dYdX HYPE-USD
Perpl HYPE
gTrade (Gains Network) HYPE/USDShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phoenix HYPE | +0.0009% | 1h | 93.610 | −0.138% | $214K | $1.2M | 10x | as long as short |
| Aster HYPEUSDT | +0.0011% | 4h | 93.766 | +0.028% | $8.9M | $36.0M | 300x | as long as short |
| Bybit HYPEUSDT | +0.0017% | 8h | 93.762 | +0.024% | $322.3M | $283.8M | 75x | as long as short |
| Derive HYPE-PERP | +0.0030% | 1h | 93.653 | −0.093% | $16.4M | $7.1M | 10x | as long as short |
| MEXC HYPE_USDT | +0.0048% | 4h | 93.762 | +0.024% | $88.7M | $82.0M | 100x | as long as short |
| Binance HYPEUSDT | +0.0053% | 4h | 93.775 | +0.038% | $382.9M | $896.7M | 75x | as long as short |
| Phemex HYPEUSDT | +0.0067% | 8h | 93.708 | −0.034% | $12.8M | $2.6M | 50x | as long as short |
| edgeX HYPEUSDC | +0.0070% | 4h | 93.483 | −0.274% | $5.1M | $29.7M | 30x | as long as short |
| Gate HYPE_USDT | +0.0074% | 4h | 93.749 | +0.010% | $44.0M | $59.7M | 75x | as long as short |
| Popdex HYPEUSDT | +0.0080% | 1h | 93.688 | −0.055% | $59K | $1.2M | 50x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 93.824 | +0.090% | $18.9M | $60.2M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 93.794 | +0.058% | $3.0M | $12.3M | 20x | as long as short |
| Aevo HYPE-PERP | +0.0096% | 1h | 93.710 | −0.032% | $399K | $318K | 20x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0098% | 8h | 93.766 | +0.028% | $115.6M | $321.6M | 50x | as long as short |
| Paradex HYPE-USD-PERP | +0.0099% | 8h | 93.683 | −0.061% | $340K | $171K | 20x | as long as short |
| Katana Perps HYPE-USD | +0.0099% | 8h | 93.680 | −0.064% | $15K | $1.6M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 93.645 | −0.101% | $5.7M | $44.4M | 10x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 93.708 | −0.033% | $10.1M | $14.5M | 20x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 93.625 | −0.122% | $204K | $7K | 10x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 93.767 | +0.029% | $46.4M | $18.6M | 75x | as long as short |
| Bitget HYPEUSDT | +0.0100% | 4h | 93.787 | +0.050% | $227.2M | $102.2M | 75x | as long as short |
| BingX HYPE-USDT | +0.0100% | 4h | 93.750 | +0.011% | — | $54.1M | — | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 93.762 | +0.024% | $7.9M | $10.5M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 93.672 | −0.072% | $31.1M | $54.1M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 93.549 | −0.204% | $7.5M | $45.2M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 93.489 | −0.267% | $358K | $1.1M | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 93.514 | −0.241% | $676K | $2.5M | 20x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 93.717 | −0.024% | — | $454K | 5x | as long as short |
| Polymarket Perps HYPE-USDshort | +0.0100% | 1h | 93.706 | −0.036% | $491K | $2.4M | 20x | |
| Bullet HYPE-USD | +0.0100% | 1h | 93.698 | −0.044% | $113K | $576K | 20x | as long as short |
| Bluefin HYPE-PERP | +0.0100% | 1h | 93.698 | −0.044% | $76K | $171K | 20x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 93.748 | +0.009% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 93.698 | −0.044% | $2.0M | $2.0M | 10x | as long as short |
| Injective HYPE/USDC PERP | +0.0104% | 1h | 94.410 | +0.715% | $31K | $338K | 12x | as long as short |
| Extended HYPE-USDlong | +0.0104% | 1h | 93.740 | long leg | $18.4M | $42.8M | 50x | |
| Hyperliquid HYPE | +0.0129% | 1h | 93.808 | +0.073% | $2.04B | $677.5M | 10x | as long as short |
| Kalshi KXHYPEPERP | +0.0138% | 8h | 93.775 | +0.038% | $1.9M | $5.0M | 2.3x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0152% | 1h | 93.790 | +0.054% | $4.9M | $5.7M | 50x | as long as short |
| BloFin HYPE-USDT | +0.0197% | 4h | 93.704 | −0.038% | $17.0M | $12.5M | 75x | as long as short |
| HTX HYPE-USDT | +0.0204% | 4h | 93.848 | +0.116% | $1.5M | $7.8M | 75x | as long as short |
| Reya HYPERUSDPERP | +0.0249% | 1h | 93.694 | −0.049% | $77K | $142K | 15x | as long as short |
| RISEx HYPE/USDC | +0.0284% | 1h | 93.716 | −0.026% | $2.8M | $6.9M | 20x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0338% / S −0.0163% | 1h | 93.725 | −0.016% | $1.4M | — | 100x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0433% | 1h | 93.798 | +0.062% | $7.5M | $4.6M | 50x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0579% | 1h | 93.795 | +0.059% | $20.9M | $29.5M | 50x | as long as short |
Phoenix HYPE
Aster HYPEUSDT
Bybit HYPEUSDT
Derive HYPE-PERP
MEXC HYPE_USDT
Binance HYPEUSDT
Phemex HYPEUSDT
edgeX HYPEUSDC
Gate HYPE_USDT
Popdex HYPEUSDT
Lighter HYPE
Lighter RH HYPE
Aevo HYPE-PERP
OKX HYPE-USDT-SWAP
Paradex HYPE-USD-PERP
Katana Perps HYPE-USD
Nado HYPE-PERP
Pacifica HYPE
Bulk HYPE-USD
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
Bullet HYPE-USD
Bluefin HYPE-PERP
SunX HYPE-USDT
SoDEX HYPE-USD
Injective HYPE/USDC PERP
Hyperliquid HYPE
Kalshi KXHYPEPERP
Coinbase International HYPE-PERP-INTX
BloFin HYPE-USDT
HTX HYPE-USDT
Reya HYPERUSDPERP
RISEx HYPE/USDC
GMX HYPE/USD [WBTC.b-USDC]
Deribit HYPE_USDC-PERPETUAL
Kraken Futures PF_HYPEUSD