HYPE

Alert

Funding spread now, next payment 15:00 UTC−0.0118%/8h

next payment, per $10,000−$0.15paid, last 24h−0.019%paid, last 3 days−0.098%to open and closeno order book

Long on Hyperliquid Short on Aftermath Perps

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hyperliquid HYPE	94.190	0.0100	pay 0.0013% / 1h	53m 09s	$2.06B	$513.6M	10x
Short	Aftermath Perps HYPEUSD	94.690	−0.0018	pay 0.0002% / 1h	53m 09s	$22K	$34K	10x

Funding history

latest

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Funding on every exchange

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Profit calculator

Position, each leg$Hold fordaysFee HyperliquidbpFee Aftermath PerpsbpOrdersRate

Funding earned: −$24.82
Slippage, 4 orders: no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Net: −$42.82
Break-even: never at this rate

Slippage unknown: Hyperliquid: live order book, 12 min ago; Aftermath Perps: no order-book sample. Net counts fees only.

Price risk

price view

Price gap now: +0.531%
Avg gap 7d: —

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 Hyperliquid live order book, 12 min ago	0.05 bp	4.6 bp −$5	4.6 bp −$46	doesn't fit	doesn't fit
Sell Aftermath Perps no order-book sample	—	—	—	—	—

Aftermath Perps: 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 54 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Orderly PERP_HYPE_USDC	−0.0330%	4h	$166K	$464K	20x	as long as short
Kraken Futures PF_HYPEUSD	−0.0294%	1h	$16.4M	$18.9M	50x	as long as short
Hibachi HYPE/USDT-P	−0.0184%	1h	$203K	$172K	7x	as long as short
BingX HYPE-USDT	−0.0118%	4h	—	$47.3M	—	as long as short
OKX HYPE-USDT-SWAP	−0.0114%	8h	$119.8M	$287.2M	50x	as long as short
Hotstuff HYPE-PERP	−0.0080%	1h	$3K	$307	25x	as long as short
Gate HYPE_USDT	−0.0066%	4h	$44.8M	$53.2M	75x	as long as short
Aster HYPEUSDT	−0.0048%	4h	$8.4M	$31.3M	300x	as long as short
Arcus HYPE-USD	−0.0018%	1h	$1.2M	$4.2M	10x	as long as short
Aftermath Perps HYPEUSDshort	−0.0018%	1h	$22K	$34K	10x

Show all 54 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Phemex HYPEUSDT	−0.0006%	8h	$12.8M	$2.2M	50x	as long as short
dYdX HYPE-USD	0.0000%	1h	$128K	$22K	5x	as long as short
Kalshi KXHYPEPERP	0.0000%	8h	$1.6M	$3.8M	2.3x	as long as short
Perpl HYPE	0.0000%	43m	$31K	$330K	10x	as long as short
Deribit HYPE_USDC-PERPETUAL	0.0000%	1h	$7.2M	$3.8M	50x	as long as short
gTrade (Gains Network) HYPE/USD	L +0.0002% / S 0.0000%	1h	$26K	—	150x	as long as short
ApeX Omni HYPEUSDT	+0.0020%	1h	$417K	$926K	50x	as long as short
Binance HYPEUSDT	+0.0023%	4h	$398.2M	$740.4M	75x	as long as short
MEXC HYPE_USDT	+0.0026%	4h	$91.0M	$78.9M	100x	as long as short
Coinbase International HYPE-PERP-INTX	+0.0032%	1h	$5.0M	$5.2M	50x	as long as short
KuCoin HYPEUSDTM	+0.0034%	4h	$44.8M	$19.1M	75x	as long as short
edgeX HYPEUSDC	+0.0038%	4h	$5.1M	$24.5M	30x	as long as short
Vest HYPE-PERP	+0.0039%	1h	—	$407K	5x	as long as short
Bybit HYPEUSDT	+0.0047%	8h	$327.2M	$268.1M	75x	as long as short
01 Exchange HYPEUSD	+0.0056%	1h	$82K	$284K	20x	as long as short
Derive HYPE-PERP	+0.0076%	1h	$16.8M	$6.9M	10x	as long as short
Aevo HYPE-PERP	+0.0088%	1h	$400K	$343K	20x	as long as short
Bitget HYPEUSDT	+0.0090%	4h	$231.9M	$87.2M	75x	as long as short
Paradex HYPE-USD-PERP	+0.0092%	8h	$337K	$287K	20x	as long as short
BloFin HYPE-USDT	+0.0093%	4h	$17.8M	$11.5M	75x	as long as short
Lighter HYPE	+0.0096%	1h	$18.6M	$49.4M	20x	as long as short
Lighter RH HYPE	+0.0096%	1h	$3.0M	$10.6M	20x	as long as short
Popdex HYPEUSDT	+0.0096%	1h	$75K	$1.0M	50x	as long as short
Katana Perps HYPE-USD	+0.0099%	8h	$10K	$1.5M	10x	as long as short
Nado HYPE-PERP	+0.0100%	1h	$5.5M	$41.6M	10x	as long as short
Hyperliquid HYPElong	+0.0100%	1h	$2.06B	$513.6M	10x
Pacifica HYPE	+0.0100%	1h	$11.4M	$11.7M	20x	as long as short
Ondo Perps HYPE-USD.P	+0.0100%	1h	$711K	$890K	10x	as long as short
Backpack HYPE_USDC_PERP	+0.0100%	1h	$8.1M	$8.4M	20x	as long as short
Variational Omni HYPE	+0.0100%	8h	$29.9M	$48.8M	—	as long as short
StandX HYPE-USD	+0.0100%	1h	$725K	$2.1M	20x	as long as short
Polymarket Perps HYPE-USD	+0.0100%	1h	$482K	$2.3M	20x	as long as short
Bullet HYPE-USD	+0.0100%	1h	$112K	$579K	20x	as long as short
Bluefin HYPE-PERP	+0.0100%	1h	$69K	$196K	20x	as long as short
SunX HYPE-USDT	+0.0100%	4h	$28K	$1.4M	20x	as long as short
SoDEX HYPE-USD	+0.0100%	1h	$2.0M	$1.9M	10x	as long as short
Bulk HYPE-USD	+0.0100%	1h	$215K	$10K	10x	as long as short
Extended HYPE-USD	+0.0104%	1h	$18.4M	$35.6M	50x	as long as short
RISEx HYPE/USDC	+0.0120%	1h	$2.4M	$6.9M	20x	as long as short
HTX HYPE-USDT	+0.0129%	4h	$1.6M	$6.3M	75x	as long as short
Phoenix HYPE	+0.0152%	1h	$297K	$1.0M	10x	as long as short
Reya HYPERUSDPERP	+0.0213%	1h	$74K	$244K	15x	as long as short
GMX HYPE/USD [WBTC.b-USDC]	L +0.0346% / S −0.0159%	1h	$1.5M	—	100x	as long as short
Injective HYPE/USDC PERP	+0.0375%	1h	$24K	$259K	12x	as long as short