Funding you earn now, next payment 23:00 UTC+0.0360%/8h= +39.4% APRnext payment +$0.45 per $10,000 · paid last 24h +0.081%
Price spread now: RISEx against Hotstuff+0.100%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
=Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and RISEx is 0.100% dearer against Hotstuff than usual: you sell high and buy low: +$10 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 | 93.222 | −0.0080 | get 0.0010% / 1h | 44m 27s | $3K | $331 | 25x |
| Short | RISEx HYPE/USDC | 93.316 | 0.0280 | get 0.0035% / 1h | 44m 27s | $2.8M | $6.8M | 20x |
Hotstuff HYPE-PERP
RISEx HYPE/USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
RISEx 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
- $75.58
- Price spread: +0.100% → 0.000%
- $10.03
- Slippage, 4 orders
- no order book: not counted
- Fee Hotstuff: 2.5 bp × 2 orders
- −$5
- Fee RISEx: 3 bp × 2 orders
- −$6
- Net
- $74.61
- Costs to cover
- 0.110%
- Break-even
- 0.1 days
Slippage unknown: Hotstuff: no order-book sample; RISEx: live order book, 5 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 RISEx live order book, 5 min ago | 0.48 bp | 3.5 bp −$3 | 6.6 bp −$66 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps HYPEUSD | −0.0346% | 1h | 93.188 | −0.036% | $22K | $22K | 10x | as long as short |
| Arcus HYPE-USD | −0.0131% | 1h | 93.222 | 0.000% | $1.2M | $4.0M | 10x | as long as short |
| Hibachi HYPE/USDT-P | −0.0112% | 1h | 93.291 | +0.074% | $197K | $230K | 7x | as long as short |
| Hotstuff HYPE-PERPlong | −0.0080% | 1h | 93.222 | long leg | $3K | $331 | 25x | |
| Ondo Perps HYPE-USD.P | −0.0030% | 1h | 93.150 | −0.077% | $699K | $924K | 10x | as long as short |
| 01 Exchange HYPEUSD | −0.0008% | 1h | 93.317 | +0.102% | $90K | $362K | 20x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 93.255 | +0.035% | $127K | $32K | 5x | as long as short |
| Popdex HYPEUSDT | 0.0000% | 1h | 93.275 | +0.057% | $57K | $1.2M | 50x | as long as short |
| Kalshi KXHYPEPERP | 0.0000% | 8h | 93.433 | +0.226% | $1.9M | $5.3M | 2.3x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 93.283 | +0.066% | $23K | $331K | 10x | as long as short |
Aftermath Perps HYPEUSD
Arcus HYPE-USD
Hibachi HYPE/USDT-P
Ondo Perps HYPE-USD.P
01 Exchange HYPEUSD
dYdX HYPE-USD
Popdex HYPEUSDT
Kalshi KXHYPEPERP
Perpl HYPEShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0001% | 1h | 93.296 | +0.080% | $20K | — | 150x | as long as short |
| Aster HYPEUSDT | +0.0014% | 4h | 93.270 | +0.052% | $8.9M | $36.0M | 300x | as long as short |
| Derive HYPE-PERP | +0.0016% | 1h | 93.160 | −0.067% | $16.3M | $7.1M | 10x | as long as short |
| Bybit HYPEUSDT | +0.0031% | 8h | 93.271 | +0.053% | $324.0M | $287.0M | 75x | as long as short |
| Phoenix HYPE | +0.0034% | 1h | 93.278 | +0.060% | $216K | $1.2M | 10x | as long as short |
| Orderly PERP_HYPE_USDC | +0.0039% | 4h | 93.224 | +0.002% | $171K | $521K | 20x | as long as short |
| Gate HYPE_USDT | +0.0070% | 4h | 93.243 | +0.023% | $43.7M | $57.7M | 75x | as long as short |
| Bullet HYPE-USD | +0.0094% | 1h | 93.256 | +0.036% | $112K | $579K | 20x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 93.249 | +0.029% | $18.5M | $58.6M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 93.236 | +0.015% | $3.1M | $12.1M | 20x | as long as short |
| Paradex HYPE-USD-PERP | +0.0099% | 8h | 93.197 | −0.026% | $339K | $170K | 20x | as long as short |
| Katana Perps HYPE-USD | +0.0100% | 8h | 93.250 | +0.030% | $40K | $1.6M | 10x | as long as short |
| Binance HYPEUSDT | +0.0100% | 4h | 93.261 | +0.042% | $383.3M | $892.0M | 75x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 93.285 | +0.068% | $5.9M | $44.0M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 93.296 | +0.079% | $2.03B | $672.0M | 10x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 93.267 | +0.048% | $10.0M | $14.3M | 20x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0100% | 8h | 93.256 | +0.036% | $114.0M | $314.4M | 50x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 92.884 | −0.363% | $203K | $10K | 10x | as long as short |
| MEXC HYPE_USDT | +0.0100% | 4h | 93.261 | +0.042% | $90.3M | $81.6M | 100x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 93.313 | +0.098% | $47.2M | $18.9M | 75x | as long as short |
| Bitget HYPEUSDT | +0.0100% | 4h | 93.273 | +0.055% | $226.0M | $102.7M | 75x | as long as short |
| BingX HYPE-USDT | +0.0100% | 4h | 93.244 | +0.024% | — | $54.1M | — | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 93.234 | +0.013% | $7.8M | $11.5M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 93.236 | +0.015% | $28.9M | $50.6M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 93.215 | −0.008% | $7.5M | $45.5M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 93.225 | +0.003% | $412K | $1.0M | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 93.349 | +0.136% | $675K | $2.5M | 20x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 93.286 | +0.069% | — | $454K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 93.292 | +0.075% | $493K | $2.6M | 20x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 93.399 | +0.190% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 93.191 | −0.033% | $2.0M | $2.0M | 10x | as long as short |
| Phemex HYPEUSDT | +0.0100% | 8h | 93.211 | −0.012% | $12.7M | $2.6M | 50x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 93.231 | +0.010% | $18.2M | $42.1M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0104% | 1h | 93.235 | +0.014% | $397K | $318K | 20x | as long as short |
| edgeX HYPEUSDC | +0.0113% | 4h | 93.170 | −0.056% | $5.1M | $29.6M | 30x | as long as short |
| Bluefin HYPE-PERP | +0.0164% | 1h | 93.189 | −0.035% | $76K | $168K | 20x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0176% | 1h | 93.390 | +0.180% | $4.9M | $5.7M | 50x | as long as short |
| Injective HYPE/USDC PERP | +0.0239% | 1h | 93.300 | +0.084% | $30K | $338K | 12x | as long as short |
| Reya HYPERUSDPERP | +0.0246% | 1h | 93.251 | +0.031% | $78K | $158K | 15x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0265% | 1h | 93.291 | +0.074% | $7.4M | $4.6M | 50x | as long as short |
| HTX HYPE-USDT | +0.0280% | 4h | 93.358 | +0.146% | $1.5M | $7.7M | 75x | as long as short |
| RISEx HYPE/USDCshort | +0.0280% | 1h | 93.316 | +0.100% | $2.8M | $6.8M | 20x | |
| BloFin HYPE-USDT | +0.0340% | 4h | 93.188 | −0.036% | $16.9M | $12.4M | 75x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0340% / S −0.0159% | 1h | 93.326 | +0.112% | $1.5M | — | 100x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0465% | 1h | 93.322 | +0.108% | $20.8M | $28.6M | 50x | as long as short |
gTrade (Gains Network) HYPE/USD
Aster HYPEUSDT
Derive HYPE-PERP
Bybit HYPEUSDT
Phoenix HYPE
Orderly PERP_HYPE_USDC
Gate HYPE_USDT
Bullet HYPE-USD
Lighter HYPE
Lighter RH HYPE
Paradex HYPE-USD-PERP
Katana Perps HYPE-USD
Binance HYPEUSDT
Nado HYPE-PERP
Hyperliquid HYPE
Pacifica HYPE
OKX HYPE-USDT-SWAP
Bulk HYPE-USD
MEXC HYPE_USDT
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
SunX HYPE-USDT
SoDEX HYPE-USD
Phemex HYPEUSDT
Extended HYPE-USD
Aevo HYPE-PERP
edgeX HYPEUSDC
Bluefin HYPE-PERP
Coinbase International HYPE-PERP-INTX
Injective HYPE/USDC PERP
Reya HYPERUSDPERP
Deribit HYPE_USDC-PERPETUAL
HTX HYPE-USDT
BloFin HYPE-USDT
GMX HYPE/USD [WBTC.b-USDC]
Kraken Futures PF_HYPEUSD