Funding you earn now, next payment 21:00 UTC+0.0091%/8h= +9.9% APRpaid last 24h −0.014%
Price spread now: Orderly against gTrade (Gains Network)+0.063%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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—needs both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Orderly is 0.063% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$6 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) HYPE/USD | 93.650 | L +0.0002% / S −0.0005% | pay 0.0000% / 1h | 32m 17s | $44K | — | 150x |
| Short | Orderly PERP_HYPE_USDC | 93.709 | 0.0093 | get 0.0047% / 4h | 3h 32m | $182K | $505K | 20x |
gTrade (Gains Network) HYPE/USD
Orderly PERP_HYPE_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against gTrade (Gains Network). 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
- $19.07
- Price spread: +0.063% → 0.000%
- $6.3
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- $9.37
- Costs to cover
- 0.160%
- Break-even
- 3.6 days
Slippage unknown: gTrade (Gains Network): no order-book sample; Orderly: 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 gTrade (Gains Network) no order-book sample | — | — | — | — | — |
| Sell Orderly no order-book sample | — | — | — | — | — |
gTrade (Gains Network) and Orderly: 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 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 | −0.1320% | 1h | 93.395 | −0.272% | $196K | $237K | 7x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 93.681 | +0.033% | $3K | $331 | 25x | as long as short |
| Aftermath Perps HYPEUSD | −0.0046% | 1h | 93.390 | −0.278% | $22K | $22K | 10x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 93.723 | +0.078% | $128K | $33K | 5x | as long as short |
| Kalshi KXHYPEPERP | 0.0000% | 8h | 93.812 | +0.173% | $1.9M | $5.3M | 2.3x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 93.693 | +0.046% | $23K | $352K | 10x | as long as short |
| gTrade (Gains Network) HYPE/USDlong | L +0.0002% / S −0.0005% | 1h | 93.650 | long leg | $44K | — | 150x | |
| 01 Exchange HYPEUSD | +0.0016% | 1h | 93.688 | +0.041% | $89K | $327K | 20x | as long as short |
| Aster HYPEUSDT | +0.0018% | 4h | 93.672 | +0.024% | $9.0M | $36.4M | 300x | as long as short |
| Gate HYPE_USDT | +0.0020% | 4h | 93.647 | −0.003% | $44.2M | $56.0M | 75x | as long as short |
Hibachi HYPE/USDT-P
Hotstuff HYPE-PERP
Aftermath Perps HYPEUSD
dYdX HYPE-USD
Kalshi KXHYPEPERP
Perpl HYPE
01 Exchange HYPEUSD
Aster HYPEUSDT
Gate HYPE_USDTShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit HYPEUSDT | +0.0056% | 8h | 93.678 | +0.030% | $326.1M | $285.1M | 75x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0066% | 1h | 93.838 | +0.201% | $18.6M | $24.0M | 50x | as long as short |
| Orderly PERP_HYPE_USDCshort | +0.0093% | 4h | 93.709 | +0.063% | $182K | $505K | 20x | |
| Phoenix HYPE | +0.0094% | 1h | 93.461 | −0.202% | $205K | $1.1M | 10x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 93.759 | +0.116% | $18.9M | $57.7M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 93.744 | +0.100% | $3.1M | $12.4M | 20x | as long as short |
| Popdex HYPEUSDT | +0.0096% | 1h | 93.666 | +0.017% | $56K | $1.2M | 50x | as long as short |
| Katana Perps HYPE-USD | +0.0100% | 8h | 93.710 | +0.064% | $25K | $1.7M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 93.703 | +0.057% | $6.0M | $44.2M | 10x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 93.706 | +0.059% | $10.0M | $14.3M | 20x | as long as short |
| Binance HYPEUSDT | +0.0100% | 4h | 93.706 | +0.060% | $391.1M | $876.9M | 75x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0100% | 8h | 93.663 | +0.014% | $114.6M | $316.1M | 50x | as long as short |
| Ondo Perps HYPE-USD.P | +0.0100% | 1h | 93.630 | −0.021% | $701K | $951K | 10x | as long as short |
| Arcus HYPE-USD | +0.0100% | 1h | 93.643 | −0.007% | $1.2M | $4.0M | 10x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 93.684 | +0.037% | $205K | $9K | 10x | as long as short |
| MEXC HYPE_USDT | +0.0100% | 4h | 93.642 | −0.009% | $90.5M | $81.7M | 100x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 93.666 | +0.017% | $46.4M | $19.6M | 75x | as long as short |
| Bitget HYPEUSDT | +0.0100% | 4h | 93.706 | +0.060% | $227.2M | $102.3M | 75x | as long as short |
| BingX HYPE-USDT | +0.0100% | 4h | 93.672 | +0.023% | — | $54.3M | — | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 93.713 | +0.067% | $8.0M | $11.5M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 93.336 | −0.335% | $28.7M | $49.0M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 93.371 | −0.298% | $7.5M | $45.4M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 93.462 | −0.201% | $457K | $934K | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 93.497 | −0.163% | $676K | $2.3M | 20x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 93.682 | +0.034% | — | $454K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 93.703 | +0.057% | $468K | $2.6M | 20x | as long as short |
| Bullet HYPE-USD | +0.0100% | 1h | 93.647 | −0.003% | $112K | $574K | 20x | as long as short |
| Bluefin HYPE-PERP | +0.0100% | 1h | 93.716 | +0.070% | $76K | $169K | 20x | as long as short |
| Derive HYPE-PERP | +0.0100% | 1h | 93.689 | +0.042% | $16.4M | $6.9M | 10x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 93.672 | +0.023% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 93.710 | +0.064% | $2.0M | $2.0M | 10x | as long as short |
| Phemex HYPEUSDT | +0.0100% | 8h | 93.677 | +0.029% | $12.7M | $2.5M | 50x | as long as short |
| Paradex HYPE-USD-PERP | +0.0101% | 8h | 93.720 | +0.075% | $341K | $171K | 20x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 93.710 | +0.064% | $18.2M | $40.6M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0104% | 1h | 93.714 | +0.068% | $399K | $318K | 20x | as long as short |
| edgeX HYPEUSDC | +0.0110% | 4h | 93.333 | −0.338% | $5.0M | $28.8M | 30x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0208% | 1h | 93.700 | +0.053% | $4.9M | $5.7M | 50x | as long as short |
| Reya HYPERUSDPERP | +0.0243% | 1h | 93.644 | −0.006% | $77K | $157K | 15x | as long as short |
| Injective HYPE/USDC PERP | +0.0254% | 1h | 93.730 | +0.085% | $30K | $182K | 12x | as long as short |
| Hyperliquid HYPE | +0.0301% | 1h | 93.742 | +0.098% | $2.04B | $659.7M | 10x | as long as short |
| BloFin HYPE-USDT | +0.0340% | 4h | 93.601 | −0.052% | $17.3M | $12.3M | 75x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0342% / S −0.0168% | 1h | 93.631 | −0.021% | $1.4M | — | 100x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0390% | 1h | 93.814 | +0.175% | $7.4M | $4.6M | 50x | as long as short |
| RISEx HYPE/USDC | +0.0422% | 1h | 93.746 | +0.103% | $2.8M | $6.7M | 20x | as long as short |
| HTX HYPE-USDT | +0.0476% | 4h | 93.900 | +0.267% | $1.5M | $7.5M | 75x | as long as short |
Bybit HYPEUSDT
Kraken Futures PF_HYPEUSD
Phoenix HYPE
Lighter HYPE
Lighter RH HYPE
Popdex HYPEUSDT
Katana Perps HYPE-USD
Nado HYPE-PERP
Pacifica HYPE
Binance HYPEUSDT
OKX HYPE-USDT-SWAP
Ondo Perps HYPE-USD.P
Arcus HYPE-USD
Bulk HYPE-USD
MEXC HYPE_USDT
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
Polymarket Perps HYPE-USD
Bullet HYPE-USD
Bluefin HYPE-PERP
Derive HYPE-PERP
SunX HYPE-USDT
SoDEX HYPE-USD
Phemex HYPEUSDT
Paradex HYPE-USD-PERP
Extended HYPE-USD
Aevo HYPE-PERP
edgeX HYPEUSDC
Coinbase International HYPE-PERP-INTX
Reya HYPERUSDPERP
Injective HYPE/USDC PERP
Hyperliquid HYPE
BloFin HYPE-USDT
GMX HYPE/USD [WBTC.b-USDC]
Deribit HYPE_USDC-PERPETUAL
RISEx HYPE/USDC
HTX HYPE-USDT