HYPE

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0082%/8h= +9.0% APRnext payment +$0.10 per $10,000 · paid last 24h +0.025%

Price spread now: gTrade (Gains Network) against Hotstuff+0.095%7-day average — · you sell dearer than you buy

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

Long on Hotstuff Short on gTrade (Gains Network)

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 airdropHotstuff: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and gTrade (Gains Network) is 0.095% dearer against Hotstuff than usual: you sell high and buy low: +$9 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	Hotstuff HYPE-PERP	92.647	−0.0080	get 0.0010% / 1h	21m 39s	$3K	$331	25x
Short	gTrade (Gains Network) HYPE/USD	92.735	L +0.0002% / S −0.0002%	get 0.0000% / 1h	21m 39s	$62K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Hotstuff. 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 HotstuffbpFee gTrade (Gains Network)bpOrdersPrice spread, now +0.095%Rate

Funding earned: $17.26
Price spread: +0.095% → 0.000%: $9.48
Slippage, 4 orders: no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders: −$5
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: $11.74
Costs to cover: 0.150%
Break-even: 2.2 days

Slippage unknown: Hotstuff: no order-book sample; gTrade (Gains Network): 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 Hotstuff no order-book sample	—	—	—	—	—
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

Hotstuff and 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	−0.1696%	1h	92.615	−0.035%	$193K	$230K	7x	as long as short
Aftermath Perps HYPEUSD	−0.0303%	1h	92.786	+0.150%	$22K	$21K	10x	as long as short
Arcus HYPE-USD	−0.0194%	1h	92.841	+0.209%	$1.1M	$3.9M	10x	as long as short
Hotstuff HYPE-PERPlong	−0.0080%	1h	92.647	long leg	$3K	$331	25x
Orderly PERP_HYPE_USDC	−0.0060%	4h	92.697	+0.054%	$145K	$681K	20x	as long as short
Bullet HYPE-USD	−0.0003%	1h	92.702	+0.059%	$112K	$577K	20x	as long as short
dYdX HYPE-USD	0.0000%	1h	92.850	+0.219%	$127K	$29K	5x	as long as short
Perpl HYPE	0.0000%	43m	92.712	+0.070%	$22K	$293K	10x	as long as short
gTrade (Gains Network) HYPE/USDshort	L +0.0002% / S −0.0002%	1h	92.735	+0.095%	$62K	—	150x
Ondo Perps HYPE-USD.P	+0.0018%	1h	92.830	+0.198%	$697K	$1.1M	10x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
01 Exchange HYPEUSD	+0.0024%	1h	92.652	+0.005%	$86K	$364K	20x	as long as short
Phoenix HYPE	+0.0026%	1h	92.921	+0.296%	$210K	$1.2M	10x	as long as short
Bybit HYPEUSDT	+0.0032%	8h	92.840	+0.208%	$315.8M	$283.3M	75x	as long as short
Popdex HYPEUSDT	+0.0040%	1h	92.644	−0.003%	$70K	$1.1M	50x	as long as short
Bitget HYPEUSDT	+0.0044%	4h	92.857	+0.227%	$224.8M	$99.0M	75x	as long as short
Phemex HYPEUSDT	+0.0060%	8h	92.700	+0.057%	$12.5M	$2.7M	50x	as long as short
edgeX HYPEUSDC	+0.0092%	4h	92.837	+0.205%	$4.9M	$29.6M	30x	as long as short
Gate HYPE_USDT	+0.0092%	4h	92.858	+0.228%	$45.1M	$54.5M	75x	as long as short
Lighter HYPE	+0.0096%	1h	92.820	+0.187%	$16.0M	$62.7M	20x	as long as short
Lighter RH HYPE	+0.0096%	1h	92.800	+0.165%	$3.1M	$11.6M	20x	as long as short
Paradex HYPE-USD-PERP	+0.0099%	8h	92.874	+0.245%	$339K	$163K	20x	as long as short
Katana Perps HYPE-USD	+0.0099%	8h	92.870	+0.241%	$34K	$1.7M	10x	as long as short
Nado HYPE-PERP	+0.0100%	1h	92.626	−0.023%	$7.4M	$46.1M	10x	as long as short
Hyperliquid HYPE	+0.0100%	1h	92.820	+0.187%	$2.02B	$666.6M	10x	as long as short
Aster HYPEUSDT	+0.0100%	4h	92.807	+0.172%	$8.7M	$36.2M	300x	as long as short
Pacifica HYPE	+0.0100%	1h	92.854	+0.224%	$10.0M	$15.2M	20x	as long as short
Binance HYPEUSDT	+0.0100%	4h	92.813	+0.180%	$373.3M	$906.6M	75x	as long as short
OKX HYPE-USDT-SWAP	+0.0100%	8h	92.850	+0.219%	$114.0M	$303.9M	50x	as long as short
Bulk HYPE-USD	+0.0100%	1h	92.709	+0.067%	$202K	$13K	10x	as long as short
MEXC HYPE_USDT	+0.0100%	4h	92.855	+0.225%	$91.3M	$81.2M	100x	as long as short
KuCoin HYPEUSDTM	+0.0100%	4h	92.831	+0.199%	$46.2M	$18.4M	75x	as long as short
BingX HYPE-USDT	+0.0100%	4h	92.860	+0.230%	—	$53.9M	—	as long as short
Backpack HYPE_USDC_PERP	+0.0100%	1h	92.693	+0.050%	$7.2M	$11.2M	20x	as long as short
Variational Omni HYPE	+0.0100%	8h	92.768	+0.130%	$28.5M	$57.3M	—	as long as short
GRVT HYPE_USDT_Perp	+0.0100%	4h	92.808	+0.174%	$7.5M	$46.5M	10x	as long as short
ApeX Omni HYPEUSDT	+0.0100%	1h	92.846	+0.215%	$341K	$1.0M	50x	as long as short
StandX HYPE-USD	+0.0100%	1h	92.765	+0.127%	$667K	$2.9M	20x	as long as short
Vest HYPE-PERP	+0.0100%	1h	92.736	+0.096%	—	$243K	5x	as long as short
Polymarket Perps HYPE-USD	+0.0100%	1h	92.734	+0.094%	$481K	$2.7M	20x	as long as short
Bluefin HYPE-PERP	+0.0100%	1h	92.702	+0.059%	$78K	$166K	20x	as long as short
Derive HYPE-PERP	+0.0100%	1h	92.690	+0.047%	$16.0M	$7.6M	10x	as long as short
SunX HYPE-USDT	+0.0100%	4h	92.670	+0.025%	$32K	$1.6M	20x	as long as short
SoDEX HYPE-USD	+0.0100%	1h	92.702	+0.059%	$2.0M	$2.0M	10x	as long as short
HTX HYPE-USDT	+0.0100%	4h	92.812	+0.178%	$1.4M	$6.3M	75x	as long as short
Extended HYPE-USD	+0.0104%	1h	92.834	+0.202%	$18.0M	$43.6M	50x	as long as short
Aevo HYPE-PERP	+0.0104%	1h	92.691	+0.048%	$392K	$164K	20x	as long as short
Kalshi KXHYPEPERP	+0.0132%	8h	92.718	+0.077%	$1.8M	$5.4M	2.3x	as long as short
Coinbase International HYPE-PERP-INTX	+0.0144%	1h	92.770	+0.133%	$4.7M	$5.6M	50x	as long as short
Kraken Futures PF_HYPEUSD	+0.0197%	1h	92.768	+0.130%	$20.6M	$29.5M	50x	as long as short
Injective HYPE/USDC PERP	+0.0242%	1h	92.640	−0.008%	$30K	$339K	12x	as long as short
Reya HYPERUSDPERP	+0.0266%	1h	92.713	+0.071%	$79K	$131K	15x	as long as short
GMX HYPE/USD [WBTC.b-USDC]	L +0.0331% / S −0.0154%	1h	92.738	+0.098%	$1.4M	—	100x	as long as short
BloFin HYPE-USDT	+0.0340%	4h	92.682	+0.038%	$16.7M	$11.6M	75x	as long as short
Deribit HYPE_USDC-PERPETUAL	+0.0343%	1h	92.797	+0.162%	$7.5M	$4.5M	50x	as long as short
RISEx HYPE/USDC	+0.0598%	1h	92.924	+0.299%	$3.2M	$6.4M	20x	as long as short