HYPE

Alert

Funding spread now, next payment 17:00 UTC+0.0122%/8h

paid, last 24h+0.011%paid, last 7 days+0.007%to open and close $10k−$36

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate HYPE_USDT	93.046	0.0100	pay 0.0050% / 4h	3h 21m	$44.0M	$54.7M	75x
Short	Deribit HYPE_USDC-PERPETUAL	93.295	0.0222	get 0.0028% / 1h	21m 29s	$7.4M	$4.8M	50x

Funding history

latest

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Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee GatebpFee DeribitbpOrdersRate

Funding earned: $25.62
Slippage, 4 orders: −$13.78
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$10.16
Break-even: 9.8 days

Slippage from Gate: live order book, 4 min ago; Deribit: live order book, 4 min ago.

Price risk

price view

Price gap now: +0.268%
Avg gap 7d: +0.059%

A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

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 Gate live order book, 4 min ago	0.27 bp	10.4 bp −$10	13.4 bp −$134	31.8 bp −$3,182	57.5 bp −$28.8K
Sell Deribit live order book, 4 min ago	0.70 bp	7.5 bp −$8	13.7 bp −$137	doesn't fit	doesn't fit

HYPE on 54 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Hotstuff HYPE-PERP	−0.0080%	1h	$3K	$307	25x	as long as short
Orderly PERP_HYPE_USDC	−0.0003%	4h	$170K	$357K	20x	as long as short
gTrade (Gains Network) HYPE/USD	L +0.0002% / S −0.0001%	1h	$55K	—	150x	as long as short
dYdX HYPE-USD	+0.0042%	1h	$127K	$26K	5x	as long as short
Phemex HYPEUSDT	+0.0045%	8h	$12.6M	$2.4M	50x	as long as short
Hibachi HYPE/USDT-P	+0.0048%	1h	$195K	$231K	7x	as long as short
OKX HYPE-USDT-SWAP	+0.0089%	8h	$114.4M	$313.6M	50x	as long as short
Lighter RH HYPE	+0.0096%	1h	$3.1M	$12.2M	20x	as long as short
Popdex HYPEUSDT	+0.0096%	1h	$133K	$1.2M	50x	as long as short
Katana Perps HYPE-USD	+0.0100%	8h	$40K	$1.8M	10x	as long as short

Show all 54 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Nado HYPE-PERP	+0.0100%	1h	$5.5M	$43.0M	10x	as long as short
Aster HYPEUSDT	+0.0100%	4h	$8.9M	$35.5M	300x	as long as short
Pacifica HYPE	+0.0100%	1h	$11.3M	$12.4M	20x	as long as short
Binance HYPEUSDT	+0.0100%	4h	$390.8M	$851.4M	75x	as long as short
Bybit HYPEUSDT	+0.0100%	8h	$325.5M	$286.3M	75x	as long as short
Ondo Perps HYPE-USD.P	+0.0100%	1h	$700K	$989K	10x	as long as short
Arcus HYPE-USD	+0.0100%	1h	$1.2M	$4.1M	10x	as long as short
Bulk HYPE-USD	+0.0100%	1h	$204K	$17K	10x	as long as short
Gate HYPE_USDTlong	+0.0100%	4h	$44.0M	$54.7M	75x
MEXC HYPE_USDT	+0.0100%	4h	$90.2M	$88.3M	100x	as long as short
KuCoin HYPEUSDTM	+0.0100%	4h	$45.1M	$20.0M	75x	as long as short
Bitget HYPEUSDT	+0.0100%	4h	$228.3M	$101.4M	75x	as long as short
BingX HYPE-USDT	+0.0100%	4h	—	$52.8M	—	as long as short
Backpack HYPE_USDC_PERP	+0.0100%	1h	$8.2M	$9.9M	20x	as long as short
Variational Omni HYPE	+0.0100%	8h	$29.0M	$51.0M	—	as long as short
ApeX Omni HYPEUSDT	+0.0100%	1h	$428K	$929K	50x	as long as short
StandX HYPE-USD	+0.0100%	1h	$672K	$2.3M	20x	as long as short
Vest HYPE-PERP	+0.0100%	1h	—	$407K	5x	as long as short
Polymarket Perps HYPE-USD	+0.0100%	1h	$457K	$2.4M	20x	as long as short
Bullet HYPE-USD	+0.0100%	1h	$112K	$579K	20x	as long as short
Derive HYPE-PERP	+0.0100%	1h	$16.4M	$7.2M	10x	as long as short
SunX HYPE-USDT	+0.0100%	4h	$32K	$1.6M	20x	as long as short
SoDEX HYPE-USD	+0.0100%	1h	$2.0M	$2.0M	10x	as long as short
Extended HYPE-USD	+0.0104%	1h	$18.2M	$42.4M	50x	as long as short
Aevo HYPE-PERP	+0.0104%	1h	$397K	$340K	20x	as long as short
edgeX HYPEUSDC	+0.0104%	4h	$5.1M	$28.9M	30x	as long as short
Perpl HYPE	+0.0112%	43m	$31K	$352K	10x	as long as short
Paradex HYPE-USD-PERP	+0.0123%	8h	$337K	$287K	20x	as long as short
Kalshi KXHYPEPERP	+0.0123%	8h	$1.7M	$4.8M	2.3x	as long as short
Coinbase International HYPE-PERP-INTX	+0.0152%	1h	$4.9M	$5.5M	50x	as long as short
01 Exchange HYPEUSD	+0.0160%	1h	$91K	$320K	20x	as long as short
Lighter HYPE	+0.0168%	1h	$18.3M	$57.8M	20x	as long as short
Deribit HYPE_USDC-PERPETUALshort	+0.0222%	1h	$7.4M	$4.8M	50x
Reya HYPERUSDPERP	+0.0230%	1h	$73K	$155K	15x	as long as short
Hyperliquid HYPE	+0.0274%	1h	$2.02B	$617.0M	10x	as long as short
Aftermath Perps HYPEUSD	+0.0301%	1h	$22K	$34K	10x	as long as short
BloFin HYPE-USDT	+0.0340%	4h	$17.4M	$12.0M	75x	as long as short
GMX HYPE/USD [WBTC.b-USDC]	L +0.0355% / S −0.0175%	1h	$1.5M	—	100x	as long as short
Injective HYPE/USDC PERP	+0.0356%	1h	$23K	$256K	12x	as long as short
Phoenix HYPE	+0.0386%	1h	$294K	$1.0M	10x	as long as short
Kraken Futures PF_HYPEUSD	+0.0409%	1h	$16.3M	$20.8M	50x	as long as short
RISEx HYPE/USDC	+0.0620%	1h	$2.5M	$7.3M	20x	as long as short
HTX HYPE-USDT	+0.0866%	4h	$1.5M	$7.1M	75x	as long as short
Bluefin HYPE-PERP	+0.3838%	1h	$73K	$187K	20x	as long as short