HYPE

Alert

Funding spread now, next payment 20:00 UTC−0.0705%/8h

next payment, per $10,000−$3.53paid, last 24h−0.029%paid, last 7 days−0.062%to open and close $10k−$29

The current rate is far above what this pair has been paying: over the last 7 days it paid -0.062% in total (about -3.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.53 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX HYPE-USDT	93.581	0.0805	pay 0.0403% / 4h	3h 26m	$1.5M	$7.0M	75x
Short	Aster HYPEUSDT	93.312	0.0100	get 0.0050% / 4h	3h 26m	$8.9M	$35.5M	300x

Funding history

latest

Range statsloading…

Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee HTXbpFee AsterbpOrdersRate

Funding earned: −$148.09
Slippage, 4 orders: −$8.53
Fee HTX: 6 bp × 2 orders: −$12
Fee Aster: 4 bp × 2 orders: −$8
Net: −$176.62
Break-even: never at this rate

Slippage from HTX: live order book, 4 min ago; Aster: live order book, 4 min ago.

Price risk

price view

Price gap now: −0.288%
Avg gap 7d: −0.035%

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 HTX live order book, 4 min ago	1.72 bp	9.0 bp −$9	11.4 bp −$114	43.0 bp −$4,299	doesn't fit
Sell Aster live order book, 4 min ago	0.22 bp	5.2 bp −$5	6.4 bp −$64	19.3 bp −$1,928	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
Phemex HYPEUSDT	−0.0026%	8h	$12.6M	$2.4M	50x	as long as short
Orderly PERP_HYPE_USDC	−0.0011%	4h	$170K	$381K	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	+0.0046%	1h	$127K	$26K	5x	as long as short
OKX HYPE-USDT-SWAP	+0.0081%	8h	$114.6M	$315.1M	50x	as long as short
Lighter RH HYPE	+0.0096%	1h	$3.2M	$12.1M	20x	as long as short
Popdex HYPEUSDT	+0.0096%	1h	$134K	$1.2M	50x	as long as short
Katana Perps HYPE-USD	+0.0100%	8h	$40K	$1.8M	10x	as long as short
Nado HYPE-PERP	+0.0100%	1h	$5.5M	$43.0M	10x	as long as short

Show all 54 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Aster HYPEUSDTshort	+0.0100%	4h	$8.9M	$35.5M	300x
Pacifica HYPE	+0.0100%	1h	$11.3M	$12.4M	20x	as long as short
Binance HYPEUSDT	+0.0100%	4h	$391.9M	$852.5M	75x	as long as short
Bybit HYPEUSDT	+0.0100%	8h	$326.4M	$286.8M	75x	as long as short
Ondo Perps HYPE-USD.P	+0.0100%	1h	$701K	$989K	10x	as long as short
Arcus HYPE-USD	+0.0100%	1h	$1.2M	$4.2M	10x	as long as short
Bulk HYPE-USD	+0.0100%	1h	$210K	$10K	10x	as long as short
Gate HYPE_USDT	+0.0100%	4h	$44.1M	$54.6M	75x	as long as short
MEXC HYPE_USDT	+0.0100%	4h	$90.8M	$88.0M	100x	as long as short
KuCoin HYPEUSDTM	+0.0100%	4h	$45.0M	$19.9M	75x	as long as short
Bitget HYPEUSDT	+0.0100%	4h	$228.9M	$101.9M	75x	as long as short
BingX HYPE-USDT	+0.0100%	4h	—	$52.9M	—	as long as short
Backpack HYPE_USDC_PERP	+0.0100%	1h	$8.3M	$10.1M	20x	as long as short
Variational Omni HYPE	+0.0100%	8h	$28.8M	$51.1M	—	as long as short
ApeX Omni HYPEUSDT	+0.0100%	1h	$428K	$930K	50x	as long as short
StandX HYPE-USD	+0.0100%	1h	$673K	$2.2M	20x	as long as short
Vest HYPE-PERP	+0.0100%	1h	—	$407K	5x	as long as short
Polymarket Perps HYPE-USD	+0.0100%	1h	$461K	$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	$16.5M	$7.3M	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	$42.3M	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	$28.8M	30x	as long as short
Perpl HYPE	+0.0112%	43m	$31K	$350K	10x	as long as short
Kalshi KXHYPEPERP	+0.0122%	8h	$1.7M	$4.8M	2.3x	as long as short
Paradex HYPE-USD-PERP	+0.0125%	8h	$338K	$287K	20x	as long as short
Coinbase International HYPE-PERP-INTX	+0.0152%	1h	$5.0M	$5.5M	50x	as long as short
01 Exchange HYPEUSD	+0.0160%	1h	$91K	$321K	20x	as long as short
Lighter HYPE	+0.0192%	1h	$18.4M	$57.6M	20x	as long as short
Hyperliquid HYPE	+0.0193%	1h	$2.02B	$630.3M	10x	as long as short
Deribit HYPE_USDC-PERPETUAL	+0.0200%	1h	$7.4M	$4.8M	50x	as long as short
Reya HYPERUSDPERP	+0.0229%	1h	$73K	$159K	15x	as long as short
Hibachi HYPE/USDT-P	+0.0280%	1h	$194K	$231K	7x	as long as short
Aftermath Perps HYPEUSD	+0.0295%	1h	$22K	$34K	10x	as long as short
BloFin HYPE-USDT	+0.0340%	4h	$17.5M	$12.0M	75x	as long as short
GMX HYPE/USD [WBTC.b-USDC]	L +0.0354% / 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	+0.0408%	1h	$16.4M	$20.8M	50x	as long as short
RISEx HYPE/USDC	+0.0620%	1h	$2.5M	$7.3M	20x	as long as short
HTX HYPE-USDTlong	+0.0805%	4h	$1.5M	$7.0M	75x
Bluefin HYPE-PERP	+0.4508%	1h	$73K	$188K	20x	as long as short