HYPE

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0098%/8h= +10.7% APRnext payment +$0.12 per $10,000 · paid last 24h +0.029%

Price spread now: Pacifica against gTrade (Gains Network)+0.021%7-day average — · you sell dearer than you buy

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

Long on gTrade (Gains Network)Short on Pacifica

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 airdropPacifica: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Pacifica is 0.021% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$2 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	93.133	L +0.0002% / S −0.0002%	pay 0.0000% / 1h	27m 12s	$62K	—	150x
Short	Pacifica HYPE	93.153	0.0100	get 0.0013% / 1h	27m 12s	$10.0M	$15.3M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica 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 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 gTrade (Gains Network)bpFee PacificabpOrdersPrice spread, now +0.021%Rate

Funding earned: $20.52
Price spread: +0.021% → 0.000%: $2.09
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee Pacifica: 4 bp × 2 orders: −$8
Net: $4.61
Costs to cover: 0.180%
Break-even: 5.4 days

Slippage unknown: gTrade (Gains Network): no order-book sample; Pacifica: live order book, 2 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 gTrade (Gains Network) no order-book sample	—	—	—	—	—
Sell Pacifica live order book, 2 min ago	0.05 bp	4.3 bp −$4	doesn't fit	doesn't fit	doesn't fit

gTrade (Gains Network): 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	−0.1488%	1h	93.061	−0.078%	$197K	$237K	7x	as long as short
Aftermath Perps HYPEUSD	−0.0363%	1h	93.229	+0.102%	$22K	$21K	10x	as long as short
Hotstuff HYPE-PERP	−0.0080%	1h	93.113	−0.022%	$3K	$331	25x	as long as short
Bullet HYPE-USD	−0.0071%	1h	93.088	−0.048%	$111K	$580K	20x	as long as short
Orderly PERP_HYPE_USDC	−0.0023%	4h	93.114	−0.021%	$146K	$665K	20x	as long as short
01 Exchange HYPEUSD	−0.0008%	1h	93.131	−0.003%	$87K	$365K	20x	as long as short
dYdX HYPE-USD	0.0000%	1h	93.139	+0.006%	$128K	$29K	5x	as long as short
Perpl HYPE	0.0000%	43m	93.135	+0.002%	$22K	$290K	10x	as long as short
gTrade (Gains Network) HYPE/USDlong	L +0.0002% / S −0.0002%	1h	93.133	long leg	$62K	—	150x
Arcus HYPE-USD	+0.0011%	1h	93.082	−0.055%	$1.0M	$3.9M	10x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget HYPEUSDT	+0.0014%	4h	93.086	−0.051%	$224.9M	$98.8M	75x	as long as short
Bybit HYPEUSDT	+0.0017%	8h	93.080	−0.057%	$316.2M	$282.5M	75x	as long as short
Ondo Perps HYPE-USD.P	+0.0024%	1h	93.080	−0.057%	$702K	$1.2M	10x	as long as short
Phoenix HYPE	+0.0026%	1h	93.282	+0.159%	$207K	$1.2M	10x	as long as short
Phemex HYPEUSDT	+0.0056%	8h	93.129	−0.005%	$12.7M	$2.8M	50x	as long as short
Paradex HYPE-USD-PERP	+0.0094%	8h	93.167	+0.036%	$339K	$157K	20x	as long as short
Lighter HYPE	+0.0096%	1h	93.114	−0.021%	$16.1M	$63.2M	20x	as long as short
Lighter RH HYPE	+0.0096%	1h	93.107	−0.028%	$3.1M	$11.5M	20x	as long as short
Popdex HYPEUSDT	+0.0096%	1h	93.106	−0.030%	$75K	$1.2M	50x	as long as short
edgeX HYPEUSDC	+0.0098%	4h	93.253	+0.129%	$5.0M	$29.9M	30x	as long as short
Katana Perps HYPE-USD	+0.0100%	8h	93.100	−0.036%	$28K	$1.7M	10x	as long as short
Nado HYPE-PERP	+0.0100%	1h	93.093	−0.044%	$7.9M	$48.4M	10x	as long as short
Hyperliquid HYPE	+0.0100%	1h	93.153	+0.021%	$2.03B	$669.2M	10x	as long as short
Aster HYPEUSDT	+0.0100%	4h	93.091	−0.046%	$8.7M	$36.4M	300x	as long as short
Pacifica HYPEshort	+0.0100%	1h	93.153	+0.021%	$10.0M	$15.3M	20x
Binance HYPEUSDT	+0.0100%	4h	93.102	−0.034%	$373.1M	$912.2M	75x	as long as short
OKX HYPE-USDT-SWAP	+0.0100%	8h	93.099	−0.037%	$114.2M	$308.7M	50x	as long as short
Bulk HYPE-USD	+0.0100%	1h	93.230	+0.103%	$215K	$15K	10x	as long as short
Gate HYPE_USDT	+0.0100%	4h	93.100	−0.036%	$46.7M	$54.4M	75x	as long as short
MEXC HYPE_USDT	+0.0100%	4h	93.106	−0.030%	$90.8M	$81.2M	100x	as long as short
KuCoin HYPEUSDTM	+0.0100%	4h	93.130	−0.004%	$46.0M	$18.9M	75x	as long as short
BingX HYPE-USDT	+0.0100%	4h	93.100	−0.036%	—	$53.9M	—	as long as short
Backpack HYPE_USDC_PERP	+0.0100%	1h	93.158	+0.026%	$7.3M	$10.6M	20x	as long as short
Variational Omni HYPE	+0.0100%	8h	93.131	−0.003%	$28.5M	$56.3M	—	as long as short
GRVT HYPE_USDT_Perp	+0.0100%	4h	93.241	+0.115%	$7.5M	$47.0M	10x	as long as short
ApeX Omni HYPEUSDT	+0.0100%	1h	93.281	+0.158%	$342K	$1.0M	50x	as long as short
StandX HYPE-USD	+0.0100%	1h	93.185	+0.055%	$667K	$2.8M	20x	as long as short
Vest HYPE-PERP	+0.0100%	1h	93.182	+0.052%	—	$243K	5x	as long as short
Polymarket Perps HYPE-USD	+0.0100%	1h	93.121	−0.013%	$482K	$2.7M	20x	as long as short
Bluefin HYPE-PERP	+0.0100%	1h	93.087	−0.050%	$79K	$166K	20x	as long as short
Derive HYPE-PERP	+0.0100%	1h	93.080	−0.057%	$16.1M	$7.4M	10x	as long as short
SunX HYPE-USDT	+0.0100%	4h	93.132	−0.002%	$32K	$1.6M	20x	as long as short
SoDEX HYPE-USD	+0.0100%	1h	93.094	−0.042%	$2.0M	$1.9M	10x	as long as short
HTX HYPE-USDT	+0.0100%	4h	93.300	+0.179%	$1.4M	$6.5M	75x	as long as short
Extended HYPE-USD	+0.0104%	1h	93.063	−0.075%	$18.1M	$43.2M	50x	as long as short
Aevo HYPE-PERP	+0.0104%	1h	93.088	−0.049%	$394K	$158K	20x	as long as short
Kalshi KXHYPEPERP	+0.0109%	8h	93.184	+0.054%	$1.8M	$5.6M	2.3x	as long as short
Injective HYPE/USDC PERP	+0.0122%	1h	93.620	+0.522%	$30K	$339K	12x	as long as short
Coinbase International HYPE-PERP-INTX	+0.0144%	1h	93.150	+0.018%	$4.6M	$5.8M	50x	as long as short
Reya HYPERUSDPERP	+0.0269%	1h	93.097	−0.039%	$80K	$127K	15x	as long as short
GMX HYPE/USD [WBTC.b-USDC]	L +0.0332% / S −0.0154%	1h	93.120	−0.015%	$1.4M	—	100x	as long as short
BloFin HYPE-USDT	+0.0340%	4h	93.096	−0.040%	$16.8M	$11.9M	75x	as long as short
Kraken Futures PF_HYPEUSD	+0.0342%	1h	93.162	+0.031%	$20.8M	$29.5M	50x	as long as short
Deribit HYPE_USDC-PERPETUAL	+0.0512%	1h	93.192	+0.063%	$7.5M	$4.0M	50x	as long as short
RISEx HYPE/USDC	+0.0527%	1h	93.178	+0.048%	$3.2M	$6.3M	20x	as long as short