Funding you earn now, next payment 06:00 UTC−0.0034%/8h= −3.8% APRpaid last 24h −0.073%
Price spread now: edgeX against Injective−0.016%7-day average −0.160% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−2.185%−$218 on $10k
+Price spread, last 4 days (all we have)+0.117%+$12 · spread now −0.016%, 7d avg −0.160%
=Together, before fees−2.068%+ Points / potential airdropedgeX: Active · farm board−$207 on $10k · with fees, hour by hour
The price spread pays, funding is against you. edgeX is 0.144% dearer against Injective than usual: you sell high and buy low (spread −0.016% now, against its 7-day average of −0.160%): +$14 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 14 days. At the pace of the last 7 days (−2.185% in total) that is about 11 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective HYPE/USDC PERP | 93.190 | 0.0122 | pay 0.0015% / 1h | 28m 55s | $30K | $339K | 12x |
| Short | edgeX HYPEUSDC | 93.175 | 0.0088 | get 0.0044% / 4h | 2h 28m | $5.0M | $30.0M | 30x |
Injective HYPE/USDC PERP
edgeX HYPEUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Injective. 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
- −$7.2
- Price spread: −0.016% → −0.160%
- $14.41
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$1.81
- Costs to cover
- 0.090%
- Break-even
- from the start
Slippage unknown: Injective: live order book, 20 min ago; edgeX: 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 Injective live order book, 20 min ago | 15.47 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell edgeX live order book, 5 min ago | 0.32 bp | 4.8 bp −$5 | 5.0 bp −$50 | 157.0 bp −$15.7K | 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-P | −0.1528% | 1h | 93.137 | −0.057% | $196K | $234K | 7x | as long as short |
| Aftermath Perps HYPEUSD | −0.0370% | 1h | 93.259 | +0.074% | $22K | $21K | 10x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 93.236 | +0.049% | $3K | $331 | 25x | as long as short |
| Bullet HYPE-USD | −0.0058% | 1h | 93.249 | +0.064% | $111K | $578K | 20x | as long as short |
| Orderly PERP_HYPE_USDC | −0.0023% | 4h | 93.211 | +0.023% | $146K | $662K | 20x | as long as short |
| 01 Exchange HYPEUSD | −0.0016% | 1h | 93.311 | +0.130% | $87K | $365K | 20x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 93.295 | +0.113% | $128K | $29K | 5x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 93.255 | +0.069% | $22K | $290K | 10x | as long as short |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0002% | 1h | 93.280 | +0.097% | $62K | — | 150x | as long as short |
| Arcus HYPE-USD | +0.0011% | 1h | 93.254 | +0.069% | $1.0M | $3.9M | 10x | as long as short |
Hibachi HYPE/USDT-P
Aftermath Perps HYPEUSD
Hotstuff HYPE-PERP
Bullet HYPE-USD
Orderly PERP_HYPE_USDC
01 Exchange HYPEUSD
dYdX HYPE-USD
Perpl HYPE
gTrade (Gains Network) HYPE/USD
Arcus HYPE-USDShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget HYPEUSDT | +0.0014% | 4h | 93.164 | −0.028% | $225.1M | $98.9M | 75x | as long as short |
| Bybit HYPEUSDT | +0.0017% | 8h | 93.154 | −0.039% | $316.5M | $282.8M | 75x | as long as short |
| Ondo Perps HYPE-USD.P | +0.0021% | 1h | 93.250 | +0.064% | $702K | $1.2M | 10x | as long as short |
| Phoenix HYPE | +0.0026% | 1h | 93.282 | +0.099% | $207K | $1.2M | 10x | as long as short |
| Phemex HYPEUSDT | +0.0049% | 8h | 93.222 | +0.034% | $12.7M | $2.8M | 50x | as long as short |
| edgeX HYPEUSDCshort | +0.0088% | 4h | 93.175 | −0.016% | $5.0M | $30.0M | 30x | |
| Paradex HYPE-USD-PERP | +0.0094% | 8h | 93.281 | +0.097% | $339K | $160K | 20x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 93.214 | +0.026% | $16.1M | $63.2M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 93.211 | +0.023% | $3.1M | $11.5M | 20x | as long as short |
| Popdex HYPEUSDT | +0.0096% | 1h | 93.294 | +0.112% | $75K | $1.2M | 50x | as long as short |
| Katana Perps HYPE-USD | +0.0100% | 8h | 93.260 | +0.075% | $28K | $1.7M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 93.279 | +0.096% | $8.0M | $48.4M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 93.232 | +0.045% | $2.03B | $669.1M | 10x | as long as short |
| Aster HYPEUSDT | +0.0100% | 4h | 93.202 | +0.013% | $8.7M | $36.4M | 300x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 93.269 | +0.085% | $10.0M | $15.3M | 20x | as long as short |
| Binance HYPEUSDT | +0.0100% | 4h | 93.183 | −0.007% | $373.4M | $913.0M | 75x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0100% | 8h | 93.170 | −0.021% | $114.3M | $309.0M | 50x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 93.230 | +0.043% | $215K | $15K | 10x | as long as short |
| Gate HYPE_USDT | +0.0100% | 4h | 93.174 | −0.017% | $46.7M | $54.3M | 75x | as long as short |
| MEXC HYPE_USDT | +0.0100% | 4h | 93.183 | −0.008% | $90.9M | $81.2M | 100x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 93.164 | −0.028% | $46.0M | $18.9M | 75x | as long as short |
| BingX HYPE-USDT | +0.0100% | 4h | 93.167 | −0.025% | — | $53.9M | — | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 93.221 | +0.033% | $7.3M | $10.6M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 93.131 | −0.064% | $28.5M | $56.3M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 93.193 | +0.003% | $7.5M | $47.0M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 93.165 | −0.027% | $342K | $1.0M | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 93.238 | +0.052% | $667K | $2.8M | 20x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 93.325 | +0.145% | — | $243K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 93.279 | +0.096% | $483K | $2.7M | 20x | as long as short |
| Bluefin HYPE-PERP | +0.0100% | 1h | 93.232 | +0.045% | $79K | $166K | 20x | as long as short |
| Derive HYPE-PERP | +0.0100% | 1h | 93.211 | +0.023% | $16.1M | $7.4M | 10x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 93.260 | +0.075% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 93.191 | +0.001% | $2.0M | $1.9M | 10x | as long as short |
| HTX HYPE-USDT | +0.0100% | 4h | 93.425 | +0.252% | $1.4M | $6.5M | 75x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 93.139 | −0.054% | $18.1M | $43.2M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0104% | 1h | 93.223 | +0.036% | $394K | $158K | 20x | as long as short |
| Kalshi KXHYPEPERP | +0.0106% | 8h | 93.272 | +0.088% | $1.8M | $5.6M | 2.3x | as long as short |
| Injective HYPE/USDC PERPlong | +0.0122% | 1h | 93.190 | long leg | $30K | $339K | 12x | |
| Coinbase International HYPE-PERP-INTX | +0.0144% | 1h | 93.310 | +0.129% | $4.6M | $5.8M | 50x | as long as short |
| Reya HYPERUSDPERP | +0.0269% | 1h | 93.257 | +0.072% | $80K | $127K | 15x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0332% / S −0.0154% | 1h | 93.274 | +0.090% | $1.4M | — | 100x | as long as short |
| BloFin HYPE-USDT | +0.0340% | 4h | 93.309 | +0.128% | $16.8M | $11.9M | 75x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0342% | 1h | 93.251 | +0.066% | $20.8M | $29.6M | 50x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0447% | 1h | 93.306 | +0.124% | $7.5M | $4.0M | 50x | as long as short |
| RISEx HYPE/USDC | +0.0527% | 1h | 93.348 | +0.170% | $3.2M | $6.2M | 20x | as long as short |
Bitget HYPEUSDT
Bybit HYPEUSDT
Ondo Perps HYPE-USD.P
Phoenix HYPE
Phemex HYPEUSDT
Paradex HYPE-USD-PERP
Lighter HYPE
Lighter RH HYPE
Popdex HYPEUSDT
Katana Perps HYPE-USD
Nado HYPE-PERP
Hyperliquid HYPE
Aster HYPEUSDT
Pacifica HYPE
Binance HYPEUSDT
OKX HYPE-USDT-SWAP
Bulk HYPE-USD
Gate HYPE_USDT
MEXC HYPE_USDT
KuCoin HYPEUSDTM
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
Bluefin HYPE-PERP
Derive HYPE-PERP
SunX HYPE-USDT
SoDEX HYPE-USD
HTX HYPE-USDT
Extended HYPE-USD
Aevo HYPE-PERP
Kalshi KXHYPEPERP
Coinbase International HYPE-PERP-INTX
Reya HYPERUSDPERP
GMX HYPE/USD [WBTC.b-USDC]
BloFin HYPE-USDT
Kraken Futures PF_HYPEUSD
Deribit HYPE_USDC-PERPETUAL
RISEx HYPE/USDC