Funding you earn now, next payment 21:00 UTC−0.1821%/8h= −199.4% APRpaid last 24h −0.241%
Price spread now: Hibachi against HTX−0.463%7-day average −0.118% · you buy dearer than you sell
Net, funding: paid 7d − costs−$243as in the Funding arb table
Net, price: spread back to 7d avg − costs−$114as in the Price arb table
costs, in and out, $10k−$790.792% of the position
Funding, last 7 days−1.636%−$164 on $10k
+Price spread, last 3 days (all we have)+0.762%+$76 · spread now −0.463%, 7d avg −0.118%
=Together, before fees−0.874%+ Points / potential airdropHibachi: Active · farm board−$87 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$55 a day on $10k at the current rate, and Hibachi is 0.345% cheaper against HTX than usual: you would sell low and buy high (−$35 if the spread goes back to its 7-day average of −0.118%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX HYPE-USDT | 93.950 | 0.0493 | pay 0.0246% / 4h | 3h 31m | $1.5M | $7.5M | 75x |
| Short | Hibachi HYPE/USDT-P | 93.515 | −0.1328 | pay 0.0166% / 1h | 31m 11s | $197K | $237K | 7x |
HTX HYPE-USDT
Hibachi HYPE/USDT-PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hibachi against HTX. 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
- −$382.32
- Price spread: −0.463% → −0.118%
- −$34.5
- Slippage, 4 orders
- −$58.24
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Hibachi: 4.5 bp × 2 orders
- −$9
- Net
- −$496.06
- Costs to cover
- 0.792%
- Break-even
- never at this rate
Slippage from HTX: live order book, 3 min ago; Hibachi: live order book, 18 min ago.
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, 3 min ago | 0.05 bp | 9.9 bp −$10 | 14.8 bp −$148 | 43.1 bp −$4,309 | doesn't fit |
| Sell Hibachi live order book, 18 min ago | 16.93 bp | 25.8 bp −$26 | 45.1 bp −$451 | doesn't fit | doesn't fit |
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-Pshort | −0.1328% | 1h | 93.515 | −0.463% | $197K | $237K | 7x | |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 93.705 | −0.261% | $3K | $331 | 25x | as long as short |
| Aftermath Perps HYPEUSD | −0.0045% | 1h | 93.452 | −0.530% | $22K | $22K | 10x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 93.723 | −0.241% | $128K | $33K | 5x | as long as short |
| Kalshi KXHYPEPERP | 0.0000% | 8h | 93.757 | −0.205% | $1.9M | $5.3M | 2.3x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 93.803 | −0.157% | $23K | $352K | 10x | as long as short |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0005% | 1h | 93.820 | −0.138% | $44K | — | 150x | as long as short |
| Gate HYPE_USDT | +0.0004% | 4h | 93.787 | −0.173% | $44.3M | $56.1M | 75x | as long as short |
| 01 Exchange HYPEUSD | +0.0016% | 1h | 93.814 | −0.145% | $89K | $327K | 20x | as long as short |
| Aster HYPEUSDT | +0.0026% | 4h | 93.790 | −0.171% | $9.0M | $36.6M | 300x | as long as short |
Hotstuff HYPE-PERP
Aftermath Perps HYPEUSD
dYdX HYPE-USD
Kalshi KXHYPEPERP
Perpl HYPE
gTrade (Gains Network) HYPE/USD
Gate HYPE_USDT
01 Exchange HYPEUSD
Aster HYPEUSDTShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit HYPEUSDT | +0.0056% | 8h | 93.774 | −0.187% | $326.4M | $285.2M | 75x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0066% | 1h | 93.929 | −0.023% | $18.7M | $24.1M | 50x | as long as short |
| Orderly PERP_HYPE_USDC | +0.0092% | 4h | 93.784 | −0.177% | $183K | $505K | 20x | as long as short |
| Phoenix HYPE | +0.0094% | 1h | 93.709 | −0.257% | $211K | $1.1M | 10x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 93.842 | −0.115% | $18.9M | $57.8M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 93.827 | −0.131% | $3.1M | $12.4M | 20x | as long as short |
| Popdex HYPEUSDT | +0.0096% | 1h | 93.773 | −0.188% | $56K | $1.2M | 50x | as long as short |
| Katana Perps HYPE-USD | +0.0100% | 8h | 93.740 | −0.224% | $23K | $1.7M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 93.709 | −0.256% | $5.9M | $44.2M | 10x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 93.729 | −0.236% | $10.0M | $14.3M | 20x | as long as short |
| Binance HYPEUSDT | +0.0100% | 4h | 93.794 | −0.166% | $390.7M | $878.6M | 75x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0100% | 8h | 93.785 | −0.176% | $114.8M | $316.9M | 50x | as long as short |
| Ondo Perps HYPE-USD.P | +0.0100% | 1h | 93.630 | −0.341% | $703K | $951K | 10x | as long as short |
| Arcus HYPE-USD | +0.0100% | 1h | 93.706 | −0.260% | $1.2M | $4.0M | 10x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 93.684 | −0.283% | $205K | $9K | 10x | as long as short |
| MEXC HYPE_USDT | +0.0100% | 4h | 93.791 | −0.169% | $90.5M | $81.8M | 100x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 93.800 | −0.160% | $46.5M | $19.6M | 75x | as long as short |
| Bitget HYPEUSDT | +0.0100% | 4h | 93.800 | −0.160% | $227.4M | $102.4M | 75x | as long as short |
| BingX HYPE-USDT | +0.0100% | 4h | 93.795 | −0.165% | — | $54.4M | — | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 93.843 | −0.114% | $8.0M | $11.5M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 93.336 | −0.653% | $28.7M | $49.0M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 93.544 | −0.432% | $7.5M | $45.3M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 93.512 | −0.466% | $457K | $935K | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 93.497 | −0.482% | $676K | $2.3M | 20x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 93.775 | −0.186% | — | $454K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 93.828 | −0.130% | $492K | $2.6M | 20x | as long as short |
| Bullet HYPE-USD | +0.0100% | 1h | 93.785 | −0.175% | $113K | $574K | 20x | as long as short |
| Bluefin HYPE-PERP | +0.0100% | 1h | 93.803 | −0.156% | $76K | $169K | 20x | as long as short |
| Derive HYPE-PERP | +0.0100% | 1h | 93.763 | −0.199% | $16.5M | $6.9M | 10x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 93.828 | −0.130% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 93.794 | −0.166% | $2.0M | $2.0M | 10x | as long as short |
| Phemex HYPEUSDT | +0.0100% | 8h | 93.743 | −0.220% | $12.8M | $2.5M | 50x | as long as short |
| Paradex HYPE-USD-PERP | +0.0101% | 8h | 93.745 | −0.219% | $342K | $171K | 20x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 93.784 | −0.177% | $18.2M | $40.6M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0104% | 1h | 93.780 | −0.181% | $399K | $318K | 20x | as long as short |
| edgeX HYPEUSDC | +0.0108% | 4h | 93.491 | −0.488% | $5.1M | $28.9M | 30x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0208% | 1h | 93.850 | −0.106% | $4.9M | $5.7M | 50x | as long as short |
| Reya HYPERUSDPERP | +0.0243% | 1h | 93.797 | −0.163% | $77K | $157K | 15x | as long as short |
| Injective HYPE/USDC PERP | +0.0254% | 1h | 93.590 | −0.383% | $30K | $182K | 12x | as long as short |
| Hyperliquid HYPE | +0.0324% | 1h | 93.897 | −0.056% | $2.04B | $661.8M | 10x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0336% | 1h | 93.894 | −0.060% | $7.4M | $4.6M | 50x | as long as short |
| BloFin HYPE-USDT | +0.0340% | 4h | 93.795 | −0.165% | $17.2M | $12.3M | 75x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0342% / S −0.0168% | 1h | 93.767 | −0.195% | $1.4M | — | 100x | as long as short |
| RISEx HYPE/USDC | +0.0422% | 1h | 93.808 | −0.151% | $2.8M | $6.7M | 20x | as long as short |
| HTX HYPE-USDTlong | +0.0493% | 4h | 93.950 | long leg | $1.5M | $7.5M | 75x |
Bybit HYPEUSDT
Kraken Futures PF_HYPEUSD
Orderly PERP_HYPE_USDC
Phoenix HYPE
Lighter HYPE
Lighter RH HYPE
Popdex HYPEUSDT
Katana Perps HYPE-USD
Nado HYPE-PERP
Pacifica HYPE
Binance HYPEUSDT
OKX HYPE-USDT-SWAP
Ondo Perps HYPE-USD.P
Arcus HYPE-USD
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
Bullet HYPE-USD
Bluefin HYPE-PERP
Derive HYPE-PERP
SunX HYPE-USDT
SoDEX HYPE-USD
Phemex HYPEUSDT
Paradex HYPE-USD-PERP
Extended HYPE-USD
Aevo HYPE-PERP
edgeX HYPEUSDC
Coinbase International HYPE-PERP-INTX
Reya HYPERUSDPERP
Injective HYPE/USDC PERP
Hyperliquid HYPE
Deribit HYPE_USDC-PERPETUAL
BloFin HYPE-USDT
GMX HYPE/USD [WBTC.b-USDC]
RISEx HYPE/USDC