Funding you earn now, next payment 06:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Variational Omni against Extended−0.110%7-day average 0.000% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.011%−$1 on $10k
+Price spread, last 7 days+0.091%+$9 · spread now −0.110%, 7d avg 0.000%
=Together, before fees+0.080%+ Points / potential airdropExtended: Active · Variational Omni: Active · farm board+$8 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: Variational Omni is 0.110% cheaper against Extended than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of 0.000%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended HYPE-USD | 93.453 | 0.0104 | pay 0.0013% / 1h | 35m 30s | $18.1M | $43.2M | 50x |
| Short | Variational Omni HYPE | 93.351 | 0.0100 | get 0.0100% / 8h | 2h 35m | $28.6M | $56.3M | — |
Extended HYPE-USD
Variational Omni HYPEFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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: −0.110% → 0.000%
- −$11.01
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$16.85
- Costs to cover
- 0.050%
- Break-even
- never at this rate
Slippage unknown: Extended: live order book, 4 min ago; Variational Omni: RFQ quote, 4 min ago. 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 | 6.2 bp −$62 | 26.6 bp −$2,655 | doesn't fit |
| Sell Variational Omni RFQ quote, 4 min ago | 0.43 bp | doesn't fit | 8.8 bp −$88 | 20.7 bp −$2,074 | 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 | −0.1664% | 1h | 93.244 | −0.223% | $196K | $234K | 7x | as long as short |
| Aftermath Perps HYPEUSD | −0.0381% | 1h | 93.358 | −0.102% | $22K | $21K | 10x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 93.469 | +0.017% | $3K | $331 | 25x | as long as short |
| Bullet HYPE-USD | −0.0071% | 1h | 93.494 | +0.044% | $112K | $578K | 20x | as long as short |
| Orderly PERP_HYPE_USDC | −0.0022% | 4h | 93.395 | −0.062% | $146K | $663K | 20x | as long as short |
| 01 Exchange HYPEUSD | −0.0016% | 1h | 93.505 | +0.055% | $88K | $366K | 20x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 93.465 | +0.012% | $128K | $29K | 5x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 93.487 | +0.036% | $22K | $290K | 10x | as long as short |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0002% | 1h | 93.534 | +0.086% | $62K | — | 150x | as long as short |
| Arcus HYPE-USD | +0.0011% | 1h | 93.447 | −0.007% | $1.0M | $4.0M | 10x | as long as short |
Hibachi HYPE/USDT-P
Aftermath Perps HYPEUSD
Hotstuff HYPE-PERP
Bullet HYPE-USD
Orderly PERP_HYPE_USDC
01 Exchange HYPEUSD
dYdX HYPE-USD
Perpl HYPE
gTrade (Gains Network) HYPE/USD
Arcus HYPE-USDShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget HYPEUSDT | +0.0016% | 4h | 93.482 | +0.031% | $226.0M | $98.9M | 75x | as long as short |
| Bybit HYPEUSDT | +0.0021% | 8h | 93.510 | +0.061% | $317.8M | $283.7M | 75x | as long as short |
| Ondo Perps HYPE-USD.P | +0.0022% | 1h | 93.430 | −0.025% | $702K | $1.2M | 10x | as long as short |
| Phoenix HYPE | +0.0026% | 1h | 93.434 | −0.021% | $209K | $1.2M | 10x | as long as short |
| Phemex HYPEUSDT | +0.0037% | 8h | 93.447 | −0.007% | $12.6M | $2.7M | 50x | as long as short |
| edgeX HYPEUSDC | +0.0094% | 4h | 93.304 | −0.159% | $5.0M | $30.0M | 30x | as long as short |
| Paradex HYPE-USD-PERP | +0.0095% | 8h | 93.500 | +0.050% | $340K | $162K | 20x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 93.470 | +0.018% | $16.1M | $63.1M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 93.468 | +0.016% | $3.1M | $11.4M | 20x | as long as short |
| Popdex HYPEUSDT | +0.0096% | 1h | 93.479 | +0.028% | $76K | $1.2M | 50x | as long as short |
| Katana Perps HYPE-USD | +0.0100% | 8h | 93.450 | −0.003% | $28K | $1.7M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 93.470 | +0.019% | $8.0M | $48.5M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 93.516 | +0.067% | $2.04B | $668.6M | 10x | as long as short |
| Aster HYPEUSDT | +0.0100% | 4h | 93.513 | +0.064% | $8.7M | $36.5M | 300x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 93.504 | +0.054% | $10.1M | $15.4M | 20x | as long as short |
| Binance HYPEUSDT | +0.0100% | 4h | 93.512 | +0.063% | $374.7M | $913.6M | 75x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0100% | 8h | 93.491 | +0.040% | $114.7M | $310.0M | 50x | as long as short |
| Gate HYPE_USDT | +0.0100% | 4h | 93.471 | +0.019% | $46.7M | $54.2M | 75x | as long as short |
| MEXC HYPE_USDT | +0.0100% | 4h | 93.514 | +0.065% | $90.0M | $80.9M | 100x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 93.489 | +0.038% | $46.2M | $18.9M | 75x | as long as short |
| BingX HYPE-USDT | +0.0100% | 4h | 93.513 | +0.064% | — | $53.9M | — | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 93.484 | +0.033% | $7.3M | $10.6M | 20x | as long as short |
| Variational Omni HYPEshort | +0.0100% | 8h | 93.351 | −0.110% | $28.6M | $56.3M | — | |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 93.365 | −0.094% | $7.5M | $47.0M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 93.331 | −0.131% | $342K | $1.0M | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 93.336 | −0.125% | $668K | $2.9M | 20x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 93.522 | +0.074% | — | $243K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 93.512 | +0.063% | $484K | $2.7M | 20x | as long as short |
| Bluefin HYPE-PERP | +0.0100% | 1h | 93.383 | −0.075% | $79K | $166K | 20x | as long as short |
| Derive HYPE-PERP | +0.0100% | 1h | 93.372 | −0.087% | $16.1M | $7.5M | 10x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 93.385 | −0.073% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 93.402 | −0.055% | $2.0M | $1.9M | 10x | as long as short |
| HTX HYPE-USDT | +0.0100% | 4h | 93.600 | +0.157% | $1.4M | $6.5M | 75x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 93.344 | −0.117% | $215K | $15K | 10x | as long as short |
| Extended HYPE-USDlong | +0.0104% | 1h | 93.453 | long leg | $18.1M | $43.2M | 50x | |
| Aevo HYPE-PERP | +0.0104% | 1h | 93.398 | −0.059% | $395K | $161K | 20x | as long as short |
| Kalshi KXHYPEPERP | +0.0112% | 8h | 93.470 | +0.018% | $1.8M | $5.7M | 2.3x | as long as short |
| Injective HYPE/USDC PERP | +0.0122% | 1h | 93.290 | −0.175% | $30K | $339K | 12x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0144% | 1h | 93.490 | +0.039% | $4.8M | $5.6M | 50x | as long as short |
| Reya HYPERUSDPERP | +0.0269% | 1h | 93.495 | +0.045% | $80K | $131K | 15x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0332% / S −0.0154% | 1h | 93.526 | +0.078% | $1.4M | — | 100x | as long as short |
| BloFin HYPE-USDT | +0.0340% | 4h | 93.342 | −0.119% | $16.9M | $11.9M | 75x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0341% | 1h | 93.479 | +0.028% | $20.8M | $29.6M | 50x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0424% | 1h | 93.487 | +0.036% | $7.5M | $4.0M | 50x | as long as short |
| RISEx HYPE/USDC | +0.0527% | 1h | 93.541 | +0.094% | $3.2M | $6.2M | 20x | as long as short |
Bitget HYPEUSDT
Bybit HYPEUSDT
Ondo Perps HYPE-USD.P
Phoenix HYPE
Phemex HYPEUSDT
edgeX HYPEUSDC
Paradex HYPE-USD-PERP
Lighter HYPE
Lighter RH HYPE
Popdex HYPEUSDT
Katana Perps HYPE-USD
Nado HYPE-PERP
Hyperliquid HYPE
Aster HYPEUSDT
Pacifica HYPE
Binance HYPEUSDT
OKX HYPE-USDT-SWAP
Gate HYPE_USDT
MEXC HYPE_USDT
KuCoin HYPEUSDTM
BingX HYPE-USDT
Backpack HYPE_USDC_PERP
GRVT HYPE_USDT_Perp
ApeX Omni HYPEUSDT
StandX HYPE-USD
Vest HYPE-PERP
Polymarket Perps HYPE-USD
Bluefin HYPE-PERP
Derive HYPE-PERP
SunX HYPE-USDT
SoDEX HYPE-USD
HTX HYPE-USDT
Bulk HYPE-USD
Aevo HYPE-PERP
Kalshi KXHYPEPERP
Injective HYPE/USDC PERP
Coinbase International HYPE-PERP-INTX
Reya HYPERUSDPERP
GMX HYPE/USD [WBTC.b-USDC]
BloFin HYPE-USDT
Kraken Futures PF_HYPEUSD
Deribit HYPE_USDC-PERPETUAL
RISEx HYPE/USDC