Settings8H · net · $10k
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Funding arb · Price arb /

HYPE

all HYPE markets
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Alert: funding
Measured
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Alert: spread
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Funding you earn now, next payment 04:00 UTC+0.0105%/8h= +11.5% APRnext payment +$0.52 per $10,000 · paid last 24h +0.025%
Price spread now: Binance against Gate+0.001%7-day average +0.022% · you sell dearer than you buy
Net, funding: paid 7d − costs−$24as in the Funding arb table
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$310.313% of the position
Long on GateShort on Binance
What this pair did over the last
the charts below follow
Funding, last 7 days+0.070%+$7 on $10k
Price spread, last 7 days0.000%$0 · spread now +0.001%, 7d avg +0.022%
Together, before fees+0.071%+$7 on $10k · with fees, hour by hour
Funding pays, the price is against you. Binance is 0.021% cheaper against Gate than usual: you would sell low and buy high (spread +0.001% now, against its 7-day average of +0.022%). If the spread goes back, that is −$2 on $10k: about 16 hours of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.070% in total) that is about 2.1 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate HYPE_USDT93.843−0.0062get 0.0031% / 4h3h 56m$44.6M$58.7M75x
ShortBinance HYPEUSDT93.8440.0043get 0.0021% / 4h3h 56m$383.4M$897.9M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Gate. 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

Funding earned
$22.02
Price spread: +0.001% → +0.022%
−$2.09
Slippage, 4 orders
−$6.26
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Binance: 5 bp × 2 orders
−$10
Net
−$11.33
Costs to cover
0.313%
Break-even
10.6 days
Slippage from Gate: live order book, 3 min ago; Binance: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 3 min ago0.85 bp10.4 bp −$1014.7 bp −$14726.9 bp −$2,68856.0 bp −$28.0K
Sell Binance live order book, 3 min ago0.05 bp5.1 bp −$57.5 bp −$7510.1 bp −$1,00628.6 bp −$14.3K

HYPE on 55 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hibachi HYPE/USDT-P−0.1432%1h93.897+0.057%$199K$228K7xas long as short
Arcus HYPE-USD−0.0625%1h93.746−0.103%$1.2M$3.8M10xas long as short
Aftermath Perps HYPEUSD−0.0322%1h93.973+0.139%$22K$22K10xas long as short
dYdX HYPE-USD−0.0239%1h93.914+0.076%$128K$30K5xas long as short
Bybit HYPEUSDT−0.0123%8h93.820−0.025%$322.8M$283.6M75xas long as short
01 Exchange HYPEUSD−0.0120%1h93.8430.000%$86K$365K20xas long as short
Ondo Perps HYPE-USD.P−0.0095%1h93.830−0.014%$705K$923K10xas long as short
Hotstuff HYPE-PERP−0.0080%1h93.868+0.027%$3K$33125xas long as short
Bullet HYPE-USD−0.0075%1h93.825−0.020%$112K$579K20xas long as short
Gate HYPE_USDTlong−0.0062%4h93.843long leg$44.6M$58.7M75x
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Derive HYPE-PERP−0.0017%1h93.847+0.004%$16.4M$7.2M10xas long as short
Orderly PERP_HYPE_USDC−0.0008%4h93.936+0.099%$169K$594K20xas long as short
Phemex HYPEUSDT0.0000%8h93.937+0.100%$12.8M$2.6M50xas long as short
Perpl HYPE0.0000%43m93.879+0.038%$23K$329K10xas long as short
gTrade (Gains Network) HYPE/USDL +0.0002% / S −0.0003%1h93.860+0.018%$27K—150xas long as short
Phoenix HYPE+0.0009%1h94.114+0.289%$218K$1.2M10xas long as short
Aster HYPEUSDT+0.0015%4h93.847+0.004%$8.9M$36.1M300xas long as short
Popdex HYPEUSDT+0.0040%1h93.835−0.009%$60K$1.2M50xas long as short
MEXC HYPE_USDT+0.0042%4h93.828−0.016%$88.0M$81.8M100xas long as short
Binance HYPEUSDTshort+0.0043%4h93.844+0.001%$383.4M$897.9M75x
edgeX HYPEUSDC+0.0054%4h93.988+0.154%$5.1M$29.7M30xas long as short
OKX HYPE-USDT-SWAP+0.0086%8h93.827−0.017%$115.8M$321.6M50xas long as short
Lighter HYPE+0.0096%1h93.912+0.073%$18.9M$58.2M20xas long as short
Lighter RH HYPE+0.0096%1h93.884+0.044%$3.1M$12.0M20xas long as short
Aevo HYPE-PERP+0.0096%1h93.955+0.119%$400K$241K20xas long as short
Paradex HYPE-USD-PERP+0.0099%8h93.903+0.064%$341K$171K20xas long as short
Katana Perps HYPE-USD+0.0100%8h93.860+0.018%$42K$1.6M10xas long as short
Nado HYPE-PERP+0.0100%1h93.835−0.008%$6.6M$44.9M10xas long as short
Hyperliquid HYPE+0.0100%1h93.946+0.110%$2.04B$680.6M10xas long as short
Pacifica HYPE+0.0100%1h93.871+0.030%$10.1M$14.6M20xas long as short
KuCoin HYPEUSDTM+0.0100%4h93.838−0.005%$46.5M$18.5M75xas long as short
Bitget HYPEUSDT+0.0100%4h93.824−0.020%$227.3M$101.9M75xas long as short
BingX HYPE-USDT+0.0100%4h93.833−0.011%—$54.0M—as long as short
Backpack HYPE_USDC_PERP+0.0100%1h93.913+0.075%$7.7M$10.5M20xas long as short
Variational Omni HYPE+0.0100%8h93.972+0.138%$31.4M$54.2M—as long as short
GRVT HYPE_USDT_Perp+0.0100%4h94.052+0.222%$7.6M$45.4M10xas long as short
ApeX Omni HYPEUSDT+0.0100%1h94.033+0.202%$340K$1.1M50xas long as short
StandX HYPE-USD+0.0100%1h93.964+0.129%$679K$2.5M20xas long as short
Vest HYPE-PERP+0.0100%1h93.895+0.055%—$454K5xas long as short
Polymarket Perps HYPE-USD+0.0100%1h93.872+0.031%$471K$2.5M20xas long as short
Bluefin HYPE-PERP+0.0100%1h93.920+0.082%$76K$171K20xas long as short
SunX HYPE-USDT+0.0100%4h93.970+0.135%$32K$1.6M20xas long as short
SoDEX HYPE-USD+0.0100%1h93.905+0.066%$2.0M$2.0M10xas long as short
Bulk HYPE-USD+0.0100%1h93.944+0.107%$205K$6K10xas long as short
Extended HYPE-USD+0.0104%1h93.818−0.027%$18.4M$42.6M50xas long as short
Coinbase International HYPE-PERP-INTX+0.0144%1h93.960+0.125%$4.9M$5.7M50xas long as short
Kalshi KXHYPEPERP+0.0163%8h93.986+0.152%$1.9M$5.1M2.3xas long as short
BloFin HYPE-USDT+0.0175%4h93.897+0.058%$17.0M$12.5M75xas long as short
Injective HYPE/USDC PERP+0.0205%1h94.150+0.327%$31K$338K12xas long as short
RISEx HYPE/USDC+0.0222%1h93.889+0.049%$2.8M$6.9M20xas long as short
HTX HYPE-USDT+0.0245%4h94.110+0.285%$1.5M$7.8M75xas long as short
Reya HYPERUSDPERP+0.0250%1h93.820−0.024%$78K$143K15xas long as short
Deribit HYPE_USDC-PERPETUAL+0.0293%1h94.005+0.173%$7.5M$4.7M50xas long as short
GMX HYPE/USD [WBTC.b-USDC]L +0.0338% / S −0.0157%1h93.963+0.128%$1.4M—100xas long as short
Kraken Futures PF_HYPEUSD+0.0672%1h94.005+0.173%$21.0M$29.5M50xas long as short