HYPE

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.00 per $10,000 · paid last 24h −0.003%

Price spread now: StandX against Extended−0.200%7-day average +0.027% · you buy dearer than you sell

Net, funding: paid 7d − costs−$17as in the Funding arb table

Net, price: spread back to 7d avg − costs−$38as in the Price arb table

costs, in and out, $10k−$160.157% of the position

Long on Extended Short on StandX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.016%−$2 on $10k

Price spread, last 7 days+0.175%+$18 · spread now −0.200%, 7d avg +0.027%

Together, before fees+0.159%+ Points / potential airdropExtended: Active · StandX: Active · farm board+$16 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: StandX is 0.227% cheaper against Extended than usual: you would sell low and buy high, −$23 on $10k if it goes back to its 7-day average of +0.027%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended HYPE-USD	93.417	0.0104	pay 0.0013% / 1h	5m 08s	$18.2M	$41.6M	50x
Short	StandX HYPE-USD	93.230	0.0100	get 0.0013% / 1h	5m 08s	$674K	$2.5M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

StandX 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 StandXbpOrdersPrice spread, now −0.200%Rate

Funding earned: −$0.84
Price spread: −0.200% → +0.027%: −$22.67
Slippage, 4 orders: −$2.68
Fee Extended: 2.5 bp × 2 orders: −$5
Fee StandX: 4 bp × 2 orders: −$8
Net: −$39.2
Costs to cover: 0.157%
Break-even: never at this rate

Slippage from Extended: live order book, 4 min ago; StandX: live order book, 4 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, 4 min ago	0.05 bp	2.6 bp −$3	5.1 bp −$51	23.8 bp −$2,385	doesn't fit
Sell StandX live order book, 4 min ago	1.29 bp	5.3 bp −$5	5.4 bp −$54	11.6 bp −$1,156	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	−0.0477%	1h	93.324	−0.099%	$22K	$22K	10x	as long as short
Hibachi HYPE/USDT-P	−0.0416%	1h	93.238	−0.191%	$197K	$229K	7x	as long as short
Arcus HYPE-USD	−0.0131%	1h	93.366	−0.054%	$1.2M	$3.9M	10x	as long as short
Ondo Perps HYPE-USD.P	−0.0129%	1h	93.380	−0.039%	$699K	$896K	10x	as long as short
Hotstuff HYPE-PERP	−0.0080%	1h	93.431	+0.016%	$3K	$331	25x	as long as short
01 Exchange HYPEUSD	−0.0024%	1h	93.465	+0.052%	$91K	$358K	20x	as long as short
dYdX HYPE-USD	0.0000%	1h	93.390	−0.029%	$127K	$32K	5x	as long as short
Perpl HYPE	0.0000%	43m	93.408	−0.009%	$23K	$330K	10x	as long as short
gTrade (Gains Network) HYPE/USD	L +0.0002% / S −0.0002%	1h	93.463	+0.050%	$27K	—	150x	as long as short
Popdex HYPEUSDT	+0.0008%	1h	93.435	+0.020%	$58K	$1.2M	50x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster HYPEUSDT	+0.0008%	4h	93.451	+0.037%	$8.9M	$35.7M	300x	as long as short
Orderly PERP_HYPE_USDC	+0.0016%	4h	93.446	+0.032%	$176K	$524K	20x	as long as short
Bybit HYPEUSDT	+0.0020%	8h	93.430	+0.014%	$323.6M	$281.5M	75x	as long as short
Phoenix HYPE	+0.0034%	1h	93.456	+0.042%	$214K	$1.2M	10x	as long as short
Bullet HYPE-USD	+0.0056%	1h	93.432	+0.016%	$112K	$577K	20x	as long as short
Derive HYPE-PERP	+0.0059%	1h	93.404	−0.013%	$16.3M	$7.0M	10x	as long as short
MEXC HYPE_USDT	+0.0060%	4h	93.441	+0.026%	$90.3M	$82.4M	100x	as long as short
Binance HYPEUSDT	+0.0061%	4h	93.438	+0.024%	$383.5M	$885.9M	75x	as long as short
Gate HYPE_USDT	+0.0062%	4h	93.434	+0.019%	$44.1M	$58.9M	75x	as long as short
edgeX HYPEUSDC	+0.0063%	4h	93.210	−0.222%	$5.1M	$29.6M	30x	as long as short
Lighter HYPE	+0.0096%	1h	93.493	+0.082%	$18.6M	$59.0M	20x	as long as short
Lighter RH HYPE	+0.0096%	1h	93.479	+0.067%	$3.1M	$12.2M	20x	as long as short
Aevo HYPE-PERP	+0.0096%	1h	93.459	+0.046%	$398K	$318K	20x	as long as short
Paradex HYPE-USD-PERP	+0.0099%	8h	93.443	+0.028%	$339K	$170K	20x	as long as short
Katana Perps HYPE-USD	+0.0100%	8h	93.440	+0.025%	$35K	$1.6M	10x	as long as short
Nado HYPE-PERP	+0.0100%	1h	93.434	+0.019%	$5.9M	$44.1M	10x	as long as short
Hyperliquid HYPE	+0.0100%	1h	93.464	+0.051%	$2.03B	$661.7M	10x	as long as short
Pacifica HYPE	+0.0100%	1h	93.466	+0.053%	$10.1M	$14.5M	20x	as long as short
OKX HYPE-USDT-SWAP	+0.0100%	8h	93.428	+0.012%	$114.2M	$312.6M	50x	as long as short
KuCoin HYPEUSDTM	+0.0100%	4h	93.454	+0.040%	$47.1M	$18.4M	75x	as long as short
Bitget HYPEUSDT	+0.0100%	4h	93.444	+0.029%	$226.7M	$102.6M	75x	as long as short
BingX HYPE-USDT	+0.0100%	4h	93.437	+0.022%	—	$53.8M	—	as long as short
Backpack HYPE_USDC_PERP	+0.0100%	1h	93.462	+0.049%	$7.9M	$10.6M	20x	as long as short
Variational Omni HYPE	+0.0100%	8h	93.352	−0.069%	$30.8M	$51.9M	—	as long as short
GRVT HYPE_USDT_Perp	+0.0100%	4h	93.317	−0.106%	$7.5M	$45.6M	10x	as long as short
ApeX Omni HYPEUSDT	+0.0100%	1h	93.209	−0.222%	$415K	$1.0M	50x	as long as short
StandX HYPE-USDshort	+0.0100%	1h	93.230	−0.200%	$674K	$2.5M	20x
Vest HYPE-PERP	+0.0100%	1h	93.454	+0.041%	—	$454K	5x	as long as short
Polymarket Perps HYPE-USD	+0.0100%	1h	93.463	+0.050%	$494K	$2.5M	20x	as long as short
Bluefin HYPE-PERP	+0.0100%	1h	93.434	+0.019%	$76K	$166K	20x	as long as short
SunX HYPE-USDT	+0.0100%	4h	93.475	+0.063%	$32K	$1.6M	20x	as long as short
SoDEX HYPE-USD	+0.0100%	1h	93.435	+0.020%	$2.0M	$2.0M	10x	as long as short
Phemex HYPEUSDT	+0.0100%	8h	93.399	−0.019%	$12.7M	$2.6M	50x	as long as short
Bulk HYPE-USD	+0.0100%	1h	93.280	−0.146%	$204K	$8K	10x	as long as short
Extended HYPE-USDlong	+0.0104%	1h	93.417	long leg	$18.2M	$41.6M	50x
Kalshi KXHYPEPERP	+0.0120%	8h	93.500	+0.089%	$1.9M	$5.2M	2.3x	as long as short
Coinbase International HYPE-PERP-INTX	+0.0176%	1h	93.490	+0.079%	$4.9M	$5.7M	50x	as long as short
HTX HYPE-USDT	+0.0219%	4h	93.585	+0.180%	$1.5M	$7.7M	75x	as long as short
Injective HYPE/USDC PERP	+0.0239%	1h	93.350	−0.071%	$30K	$338K	12x	as long as short
BloFin HYPE-USDT	+0.0242%	4h	93.400	−0.018%	$16.9M	$12.4M	75x	as long as short
Reya HYPERUSDPERP	+0.0248%	1h	93.436	+0.021%	$77K	$159K	15x	as long as short
RISEx HYPE/USDC	+0.0280%	1h	93.485	+0.073%	$2.7M	$6.8M	20x	as long as short
GMX HYPE/USD [WBTC.b-USDC]	L +0.0340% / S −0.0165%	1h	93.464	+0.051%	$1.4M	—	100x	as long as short
Deribit HYPE_USDC-PERPETUAL	+0.0403%	1h	93.537	+0.129%	$7.4M	$4.5M	50x	as long as short
Kraken Futures PF_HYPEUSD	+0.0464%	1h	93.551	+0.144%	$20.9M	$28.9M	50x	as long as short