Funding you earn now, next payment 00:00 UTC+0.0176%/8h= +19.3% APRnext payment +$0.22 per $10,000 · paid last 24h +0.054%
Price spread now: Lighter against Hotstuff+0.143%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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 · Lighter: Season 3 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Lighter is 0.143% dearer against Hotstuff than usual: you sell high and buy low: +$14 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 | 93.690 | −0.0080 | get 0.0010% / 1h | 20m 34s | $3K | $331 | 25x |
| Short | Lighter HYPE | 93.824 | 0.0096 | get 0.0012% / 1h | 20m 34s | $18.9M | $60.2M | 20x |
Hotstuff HYPE-PERP
Lighter HYPEFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Hotstuff. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $36.96
- Price spread: +0.143% → 0.000%
- $14.26
- Slippage, 4 orders
- no order book: not counted
- Fee Hotstuff: 2.5 bp × 2 orders
- −$5
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $46.22
- Costs to cover
- 0.050%
- Break-even
- from the start
Slippage unknown: Hotstuff: no order-book sample; Lighter: live order book, 8 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 Hotstuff no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 8 min ago | 0.22 bp | 1.1 bp −$1 | 3.4 bp −$34 | 11.4 bp −$1,144 | 43.6 bp −$21.8K |
Hotstuff: 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 | −0.0992% | 1h | 93.602 | −0.094% | $198K | $230K | 7x | as long as short |
| Aftermath Perps HYPEUSD | −0.0396% | 1h | 93.644 | −0.049% | $22K | $22K | 10x | as long as short |
| Arcus HYPE-USD | −0.0233% | 1h | 93.677 | −0.014% | $1.2M | $3.8M | 10x | as long as short |
| Ondo Perps HYPE-USD.P | −0.0090% | 1h | 93.710 | +0.021% | $704K | $913K | 10x | as long as short |
| Hotstuff HYPE-PERPlong | −0.0080% | 1h | 93.690 | long leg | $3K | $331 | 25x | |
| 01 Exchange HYPEUSD | −0.0064% | 1h | 93.760 | +0.075% | $86K | $367K | 20x | as long as short |
| Orderly PERP_HYPE_USDC | −0.0001% | 4h | 93.700 | +0.011% | $168K | $586K | 20x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 93.737 | +0.051% | $128K | $30K | 5x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 93.700 | +0.010% | $23K | $329K | 10x | as long as short |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0003% | 1h | 93.727 | +0.039% | $26K | — | 150x | as long as short |
Hibachi HYPE/USDT-P
Aftermath Perps HYPEUSD
Arcus HYPE-USD
Ondo Perps HYPE-USD.P
01 Exchange HYPEUSD
Orderly PERP_HYPE_USDC
dYdX HYPE-USD
Perpl HYPE
gTrade (Gains Network) HYPE/USDShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phoenix HYPE | +0.0009% | 1h | 93.610 | −0.085% | $214K | $1.2M | 10x | as long as short |
| Aster HYPEUSDT | +0.0011% | 4h | 93.787 | +0.104% | $8.9M | $36.0M | 300x | as long as short |
| Bybit HYPEUSDT | +0.0017% | 8h | 93.780 | +0.096% | $322.4M | $283.8M | 75x | as long as short |
| Derive HYPE-PERP | +0.0030% | 1h | 93.653 | −0.040% | $16.4M | $7.1M | 10x | as long as short |
| MEXC HYPE_USDT | +0.0048% | 4h | 93.768 | +0.083% | $88.7M | $82.0M | 100x | as long as short |
| Binance HYPEUSDT | +0.0053% | 4h | 93.781 | +0.097% | $382.9M | $896.4M | 75x | as long as short |
| Phemex HYPEUSDT | +0.0067% | 8h | 93.708 | +0.019% | $12.8M | $2.6M | 50x | as long as short |
| edgeX HYPEUSDC | +0.0070% | 4h | 93.483 | −0.221% | $5.1M | $29.7M | 30x | as long as short |
| Gate HYPE_USDT | +0.0074% | 4h | 93.762 | +0.077% | $44.0M | $59.7M | 75x | as long as short |
| Popdex HYPEUSDT | +0.0080% | 1h | 93.776 | +0.092% | $59K | $1.2M | 50x | as long as short |
| Lighter HYPEshort | +0.0096% | 1h | 93.824 | +0.143% | $18.9M | $60.2M | 20x | |
| Lighter RH HYPE | +0.0096% | 1h | 93.794 | +0.111% | $3.0M | $12.3M | 20x | as long as short |
| Aevo HYPE-PERP | +0.0096% | 1h | 93.710 | +0.021% | $399K | $318K | 20x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0098% | 8h | 93.787 | +0.104% | $115.6M | $321.7M | 50x | as long as short |
| Paradex HYPE-USD-PERP | +0.0099% | 8h | 93.797 | +0.114% | $341K | $171K | 20x | as long as short |
| Katana Perps HYPE-USD | +0.0099% | 8h | 93.740 | +0.053% | $15K | $1.6M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 93.775 | +0.091% | $5.7M | $44.4M | 10x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 93.793 | +0.110% | $10.1M | $14.5M | 20x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 93.625 | −0.069% | $204K | $7K | 10x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 93.772 | +0.088% | $46.4M | $18.6M | 75x | as long as short |
| Bitget HYPEUSDT | +0.0100% | 4h | 93.784 | +0.100% | $227.2M | $102.2M | 75x | as long as short |
| BingX HYPE-USDT | +0.0100% | 4h | 93.770 | +0.085% | — | $54.1M | — | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 93.762 | +0.077% | $7.9M | $10.5M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 93.672 | −0.019% | $31.1M | $54.1M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 93.549 | −0.151% | $7.5M | $45.2M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 93.489 | −0.215% | $358K | $1.1M | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 93.696 | +0.006% | $677K | $2.5M | 20x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 93.717 | +0.029% | — | $454K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 93.706 | +0.017% | $491K | $2.4M | 20x | as long as short |
| Bullet HYPE-USD | +0.0100% | 1h | 93.698 | +0.009% | $113K | $576K | 20x | as long as short |
| Bluefin HYPE-PERP | +0.0100% | 1h | 93.698 | +0.009% | $76K | $171K | 20x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 93.748 | +0.062% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 93.698 | +0.009% | $2.0M | $2.0M | 10x | as long as short |
| Injective HYPE/USDC PERP | +0.0104% | 1h | 94.410 | +0.768% | $31K | $338K | 12x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 93.758 | +0.072% | $18.4M | $42.8M | 50x | as long as short |
| Hyperliquid HYPE | +0.0129% | 1h | 93.808 | +0.126% | $2.04B | $677.5M | 10x | as long as short |
| Kalshi KXHYPEPERP | +0.0138% | 8h | 93.775 | +0.091% | $1.9M | $5.0M | 2.3x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0152% | 1h | 93.790 | +0.107% | $4.9M | $5.7M | 50x | as long as short |
| BloFin HYPE-USDT | +0.0197% | 4h | 93.704 | +0.015% | $17.0M | $12.5M | 75x | as long as short |
| HTX HYPE-USDT | +0.0204% | 4h | 93.848 | +0.169% | $1.5M | $7.8M | 75x | as long as short |
| Reya HYPERUSDPERP | +0.0249% | 1h | 93.694 | +0.004% | $77K | $142K | 15x | as long as short |
| RISEx HYPE/USDC | +0.0284% | 1h | 93.823 | +0.142% | $2.8M | $6.9M | 20x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0338% / S −0.0163% | 1h | 93.725 | +0.037% | $1.4M | — | 100x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0433% | 1h | 93.798 | +0.115% | $7.5M | $4.6M | 50x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0579% | 1h | 93.795 | +0.112% | $20.9M | $29.5M | 50x | as long as short |
Phoenix HYPE
Aster HYPEUSDT
Bybit HYPEUSDT
Derive HYPE-PERP
MEXC HYPE_USDT
Binance HYPEUSDT
Phemex HYPEUSDT
edgeX HYPEUSDC
Gate HYPE_USDT
Popdex HYPEUSDT
Lighter RH HYPE
Aevo HYPE-PERP
OKX HYPE-USDT-SWAP
Paradex HYPE-USD-PERP
Katana Perps HYPE-USD
Nado HYPE-PERP
Pacifica HYPE
Bulk HYPE-USD
KuCoin HYPEUSDTM
Bitget HYPEUSDT
BingX HYPE-USDT
Backpack HYPE_USDC_PERP
Variational Omni HYPE
GRVT HYPE_USDT_Perp
ApeX Omni HYPEUSDT
StandX HYPE-USD
Vest HYPE-PERP
Polymarket Perps HYPE-USD
Bullet HYPE-USD
Bluefin HYPE-PERP
SunX HYPE-USDT
SoDEX HYPE-USD
Injective HYPE/USDC PERP
Extended HYPE-USD
Hyperliquid HYPE
Kalshi KXHYPEPERP
Coinbase International HYPE-PERP-INTX
BloFin HYPE-USDT
HTX HYPE-USDT
Reya HYPERUSDPERP
RISEx HYPE/USDC
GMX HYPE/USD [WBTC.b-USDC]
Deribit HYPE_USDC-PERPETUAL
Kraken Futures PF_HYPEUSD