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 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.062%
Price spread now: HTX against Gate+0.153%7-day average +0.070% · you sell dearer than you buy
Net, funding: paid 7d − costs−$30as in the Funding arb table
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$430.427% of the position
Long on GateShort on HTX
What this pair did over the last
the charts below follow
Funding, last 7 days+0.128%+$13 on $10k
Price spread, last 4 days (all we have)−0.186%−$19 · spread now +0.153%, 7d avg +0.070%
Together, before fees−0.058%−$6 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: HTX is 0.083% dearer against Gate than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of +0.070%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate HYPE_USDT93.5570.0100pay 0.0050% / 4h1h 29m$48.6M$55.3M75x
ShortHTX HYPE-USDT93.7000.0100get 0.0050% / 4h1h 29m$1.4M$6.7M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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
$0
Price spread: +0.153% → +0.070%
$8.3
Slippage, 4 orders
−$15.71
Fee Gate: 7.5 bp × 2 orders
−$15
Fee HTX: 6 bp × 2 orders
−$12
Net
−$34.4
Costs to cover
0.427%
Break-even
never at this rate
Slippage from Gate: live order book, 4 min ago; HTX: live order book, 4 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, 4 min ago0.05 bp11.6 bp −$1217.1 bp −$17129.5 bp −$2,95253.3 bp −$26.7K
Sell HTX live order book, 4 min ago2.46 bp11.5 bp −$1115.5 bp −$15546.0 bp −$4,605doesn't fit

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−0.1000%1h93.453−0.111%$198K$240K7xas long as short
Aftermath Perps HYPEUSD−0.0194%1h93.498−0.063%$22K$21K10xas long as short
Ondo Perps HYPE-USD.P−0.0087%1h93.420−0.146%$703K$1.2M10xas long as short
Bullet HYPE-USD−0.0086%1h93.533−0.026%$111K$579K20xas long as short
Hotstuff HYPE-PERP−0.0080%1h93.493−0.068%$3K$33125xas long as short
01 Exchange HYPEUSD−0.0048%1h93.558+0.001%$86K$369K20xas long as short
Orderly PERP_HYPE_USDC−0.0021%4h93.537−0.021%$145K$685K20xas long as short
Bluefin HYPE-PERP−0.0017%1h93.544−0.014%$79K$155K20xas long as short
dYdX HYPE-USD0.0000%1h93.519−0.040%$128K$26K5xas long as short
Bybit HYPEUSDT0.0000%8h93.554−0.003%$315.7M$287.9M75xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Perpl HYPE0.0000%43m93.513−0.047%$20K$290K10xas long as short
gTrade (Gains Network) HYPE/USDL +0.0002% / S −0.0001%1h93.520−0.039%$83K—150xas long as short
BingX HYPE-USDT+0.0002%4h93.560+0.003%—$53.5M—as long as short
Derive HYPE-PERP+0.0007%1h93.302−0.272%$16.2M$7.5M10xas long as short
Phoenix HYPE+0.0017%1h93.508−0.052%$209K$1.1M10xas long as short
Bitget HYPEUSDT+0.0046%4h93.584+0.029%$225.4M$99.6M75xas long as short
Paradex HYPE-USD-PERP+0.0076%8h93.565+0.008%$334K$161K20xas long as short
Arcus HYPE-USD+0.0084%1h93.504−0.057%$1.0M$4.0M10xas long as short
edgeX HYPEUSDC+0.0084%4h93.440−0.125%$5.0M$30.6M30xas long as short
Phemex HYPEUSDT+0.0093%8h93.5570.000%$12.8M$2.8M50xas long as short
Lighter HYPE+0.0096%1h93.5570.000%$16.1M$64.0M20xas long as short
Lighter RH HYPE+0.0096%1h93.560+0.003%$3.1M$11.1M20xas long as short
Popdex HYPEUSDT+0.0096%1h93.525−0.034%$78K$1.2M50xas long as short
Katana Perps HYPE-USD+0.0100%8h93.510−0.050%$21K$1.7M10xas long as short
Nado HYPE-PERP+0.0100%1h93.510−0.050%$7.5M$50.9M10xas long as short
Hyperliquid HYPE+0.0100%1h93.634+0.082%$2.05B$682.4M10xas long as short
Aster HYPEUSDT+0.0100%4h93.578+0.022%$8.8M$37.0M300xas long as short
Pacifica HYPE+0.0100%1h93.547−0.011%$10.1M$15.4M20xas long as short
Binance HYPEUSDT+0.0100%4h93.585+0.030%$374.5M$929.3M75xas long as short
OKX HYPE-USDT-SWAP+0.0100%8h93.560+0.003%$115.5M$315.1M50xas long as short
Gate HYPE_USDTlong+0.0100%4h93.557long leg$48.6M$55.3M75x
MEXC HYPE_USDT+0.0100%4h93.573+0.017%$90.4M$84.2M100xas long as short
KuCoin HYPEUSDTM+0.0100%4h93.570+0.014%$46.3M$18.7M75xas long as short
Backpack HYPE_USDC_PERP+0.0100%1h93.561+0.004%$7.2M$10.6M20xas long as short
Variational Omni HYPE+0.0100%8h93.449−0.116%$28.7M$56.3M—as long as short
GRVT HYPE_USDT_Perp+0.0100%4h93.469−0.094%$7.5M$48.0M10xas long as short
ApeX Omni HYPEUSDT+0.0100%1h93.494−0.067%$354K$1.0M50xas long as short
StandX HYPE-USD+0.0100%1h93.466−0.097%$677K$2.7M20xas long as short
Vest HYPE-PERP+0.0100%1h93.584+0.029%—$243K5xas long as short
Polymarket Perps HYPE-USD+0.0100%1h93.570+0.014%$470K$2.8M20xas long as short
SunX HYPE-USDT+0.0100%4h93.584+0.029%$32K$1.6M20xas long as short
SoDEX HYPE-USD+0.0100%1h93.560+0.003%$2.0M$1.9M10xas long as short
HTX HYPE-USDTshort+0.0100%4h93.700+0.153%$1.4M$6.7M75x
Bulk HYPE-USD+0.0100%1h93.438−0.127%$216K$15K10xas long as short
Kalshi KXHYPEPERP+0.0104%8h93.542−0.016%$1.8M$5.6M2.3xas long as short
Extended HYPE-USD+0.0104%1h93.535−0.023%$18.2M$43.2M50xas long as short
Aevo HYPE-PERP+0.0104%1h93.549−0.008%$395K$159K20xas long as short
Coinbase International HYPE-PERP-INTX+0.0120%1h93.600+0.046%$4.7M$6.1M50xas long as short
GMX HYPE/USD [WBTC.b-USDC]L +0.0152% / S +0.0022%1h93.515−0.045%$1.4M—100xas long as short
Injective HYPE/USDC PERP+0.0205%1h93.460−0.104%$30K$339K12xas long as short
Reya HYPERUSDPERP+0.0271%1h93.543−0.015%$77K$129K15xas long as short
Deribit HYPE_USDC-PERPETUAL+0.0284%1h93.642+0.091%$7.5M$4.2M50xas long as short
BloFin HYPE-USDT+0.0340%4h93.489−0.073%$16.9M$12.2M75xas long as short
Kraken Futures PF_HYPEUSD+0.0415%1h93.626+0.073%$20.9M$29.6M50xas long as short
RISEx HYPE/USDC+0.0559%1h93.563+0.007%$3.2M$6.4M20xas long as short